“Entertainment CIOs and CTOs must develop innovative delivery models to solve the problems they face in their day-to-day operations”
By MYBRANDBOOK
Lakshmana Vadaga
Head – IT
Imagicaaworld Entertainment
CIO priorities for 2022
The ability to transform processes and business models, empower workforce efficiency and innovation, and personalize customer/citizen experiences. To do this, we need a Digital Business platform that is outcome driven and enabled by technology. Digital Business Transformation is the application of technology to build new business models, processes, software and systems, it results in more profitable revenue, greater competitive advantage, and higher efficiency.
Project: To make IT Department as a Revenue Centre, our in-house team had developed a Park Entry Ticketing application, Food & Beverages billing, Merchandise and Rental Billing application, which allowed us to make revenue by selling it to other amusement parks (approx. 30L) and also reduced the AMC cost by replacing existing applications, saved (approx. 25L per annum). However, this application also will help us in implementing new parks, within the organization.
Digitization - opportunities galore
Business opportunities plans would centre around the current trends, innovation, improvement, cas of business work, and digitization. We are going to work upon digitization, IoT and Mobility and Automation.
Technology & Brand amalgamation
A data-aware and data-driven system can significantly improve processes, reduce errors, unlock the value of the information and make it actionable keeping in mind the customer satisfaction. Developing such kinds of systems require missionary zeal, both in developing and maintaining systems. The challenges include legacy transformation, quality of data, maturity, and quality of resources, digital literacy, besides timely funding to drive these initiatives.
IT: The Future of India
Entertainment CIOs and CTOs must develop innovative delivery models to solve the problems they face in their day-to-day operations, and they must have the ability to stay ahead of the curve. The transition from Chief Information and Technology Officer to Chief Innovation Officer is the need for the day. Such a transition could unleash significant benefits for the entire user community. Ideas must include Innovation centres to incubate new solutions which can solve common problems faced in daily operations, transforming technology, data, besides providing a new generation of solutions for practice management.
Disruptions happening in the technology field include working on augmented reality, AI-driven systems, Immersive experience, API driven integration with external systems, real-time analytics, and automated conversational platform for consistent and superior patient experience and wellbeing.
Google promotes Sanjay Gupta as APAC President
Sanjay Gupta, who is the present Country Manager - India for Google has be...
Supreme Court verdicts against NEET Re-Examination
The Supreme Court declared that there will be no retest for the NEET-UG e...
Government brings in three employment-linked incentive program
The Finance Minister unveiled three new incentive programs in the Union ...
Amazon may soon launch new AI-powered Alexa
Amazon has been previewing an all-new Alexa which will be based on a new l...
AMARA RAJA POWER SYSTEMS LTD.
SAMRIDDHI AUTOMATIONS PVT. LTD.
EXATRON SERVERS MANUFACTURING PVT. LTD.
DATA SAFEGUARD INDIA PRIVATE LIMITED
ICONS OF INDIA : SUNIL BHARTI MITTAL
Sunil Bharti Mittal is the Founder and Chairman of Bharti Enterprises,...
Icons Of India : Anil Agarwal
Anil Agarwal, the Founder and Chairman of Vedanta Resources Ltd., is r...
Icons Of India : Arjun Malhotra
Arjun Malhotra, the Chairman of Magic Software Inc., is widely recogni...
BSE - Bombay Stock Exchange
The Bombay Stock Exchange (BSE) is one of India’s largest and oldest...
IREDA - Indian Renewable Energy Development Agency Limited
IREDA is a specialized financial institution in India that facilitates...
DRDO - Defence Research and Development Organisation
DRDO responsible for the development of technology for use by the mili...
Indian Tech Talent Excelling The Tech World - Lal Karsanbhai, President & CEO, Emerson
Lal Karsanbhai, President and CEO of Emerson, assumed the leadership i...
Indian Tech Talent Excelling The Tech World - REVATHI ADVAITHI, CEO- Flex
Revathi Advaithi, the CEO of Flex, is a dynamic leader driving growth ...
Indian Tech Talent Excelling The Tech World - Rajiv Ramaswami, President & CEO, Nutanix Technologies
Rajiv Ramaswami, President and CEO of Nutanix, brings over 30 years of...