Its important for a CIO to elevate IT as a business enablement function
By MYBRANDBOOK
Sreeni Venugopal
Group CIO and CISO
KIMSHEALTH
CIO priorities for 2022
An organization must offer learning opportunities in both business and technology domains to attract and motivate top global talent. At KIMSHEALTH, we have embraced the latest trends in technology across development platforms, databases, business analytics and IoT, which are key areas that top talent wants to participate in. This opportunity that combines business learning with latest technology exposure will be of great value to aspiring tech talent.
Digitization - opportunities galore
In traditional business organizations, IT is mostly seen as a cost and seldom as a business enabler. It is important for the CIO community to elevate IT as a business enablement function to receive due importance and budget consideration.
In our healthcare domain, we are elevating IT to a revenue stream by introducing digital patient (customer) offerings – like remote health monitoring and post-operative support via connected wearables, mobile apps and AI enabled health analytic solutions. Our digital transformation efforts have enabled focused marketing and customer retention. Patients can be reached more effectively via our mobile App and other digital marketing channels. This elevation of IT has generated direct revenue streams, lower costs, reduced manual errors, better regulatory compliance and higher patient satisfaction.
Tech talent: a challenge
From a CIO perspective, there are 2 ways to look at how to execute your ideas and strategies. Either you hire talent to do the work in-house or you look externally to your technology vendors and partners to support you. We follow a multi-pronged approach. For customer critical areas where intellectual property plays a part, we offer lucrative work packages to hire and retain the right talent. For areas that are best executed by an expert technology vendor, we leverage our partners to execute our strategies.
IT: The Future of India
Without any doubt, IT is the most significant enabler of the future. From an India perspective, it is very encouraging to see that the government is very focused on IT and has launched various schemes, regulations and programs promoting quantum computing, AI, healthcare technology, cybersecurity etc. We will see proliferation of technology in all domains from healthcare, transportation, power, manufacturing, government and defence. This will enable IT being seen as a necessary enabler and help IT attain the importance and position that it deserves.
Govt expedites visa approvals for China vendors to step up man
The Ministry of Home Affairs has introduced a streamlined, time-bound pro...
Reliance soars to the 86th position in Fortune Global 500 list
Reliance Industries (RIL) has risen two ranks from the previous year to ta...
SEBI strengthens mutual fund regulations to combat insider tra
In order to combat front-running and insider trading, capital market regula...
NPCI in discussion for introducing biometric authentication fo
The National Payments Corporation of India (NPCI) is reportedly in talks ...
Icons Of India : MUKESH D. AMBANI
Mukesh Dhirubhai Ambani is an Indian businessman and the chairman and ...
ICONS OF INDIA : RAMESH NATRAJAN
Ramesh Natarajan, CEO of Redington Limited, on overcoming ‘technolog...
Icons Of India : AALOK KUMAR
Aalok Kumar is celebrated as a global leader and recipient of the Peop...
BEL - Bharat Electronics Limited
BEL is an Indian Government-owned aerospace and defence electronics co...
DRDO - Defence Research and Development Organisation
DRDO responsible for the development of technology for use by the mili...
C-DAC - Centre for Development of Advanced Computing
C-DAC is uniquely positioned in the field of advanced computing...
Indian Tech Talent Excelling The Tech World - Soni Jiandani, Co-Founder- Pensando Systems
Soni Jiandani, Co-Founder of Pensando Systems, is a tech visionary ren...
Indian Tech Talent Excelling The Tech World - NIKESH ARORA, Chairman CEO - Palo Alto Networks
Nikesh Arora, the Chairman and CEO of Palo Alto Networks, is steering ...
Indian Tech Talent Excelling The Tech World - Anirudh Devgan , President, Cadence Design
Anirudh Devgan, the Global President and CEO of Cadence Design Systems...