AI and IoT hold immense opportunities in manufacturing sector
By MYBRANDBOOK
Yogendra Singh, Head-IT/SAP - Barista Coffee Company
CIO priorities for 2022
· Business process improvements and Automation - Digital transformation was more of a focus during the pandemic. Automating tasks through software can be called digitalization and it is the first step to complete the business process automation journey.
· Digital transformation or modernization- There are two ways to adopt digital transformation, either you develop or buy. Most organizations became more digitalized during the pandemic. But how they pursued it depends on their IT maturity.
· Strengthening cybersecurity skills- Because of growing security concerns, driven by persistent ransomware, and vulnerability exploitation attacks in recent years, companies are increasingly deploying emerging security solutions to protect their data, devices, and end-users.
· Supporting revenue growth or recovery- Latest developments in the field of technology, specifically around disruptions introduced by emerging concepts such as cybersecurity, AI, cloud computing, and data-driven analytics are the pointers to be understood and implemented in the organization to achieve revenue growth.
· Better collaboration- Web Conferencing, Integration with Instant Messaging, Document Collaboration are few pointers that can enhance business related communications to increase business opportunities.
Digitization - opportunities galore
Changing the role of IT can generate new business opportunities for sure but only if the IT Leader understands Business Process and the pain areas. Nowadays, the CIO’s role is quite changing from a typical IT Leader to a Business Transformation Leader. Thus CIO to future CEO is the drastic change in the industry and best part is business owners are accepting this change.
Bridging the Tech gap
If I had one single piece of advice, don’t look for a standard guidebook to tell you how to optimize the business or organization you support. Take the time to understand the people, business process and technology dimensions specific to your business model, your organization, and the key stakeholders on both sides of the fence.
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