AI and IoT holds immense opportunities in manufacturing sector
By MYBRANDBOOK
Dr. Vineet Bansal
Group CIO
Surya Roshni
CIO priorities for 2022
India is full of talent, especially the technical workforce. Competition always exists in the crowd but top talent always has an advantage in the competitive world. We are doing lots of IT transformation projects in our organization and henceforth required talent to implement, support and run business functions smoothly. We should keep our talent updated and trained in new technology.
Digitization - opportunities galore
Automation in manufacturing is an opportunity using which quality of products can be improved and cost can be brought down. Key drivers of automation in the manufacturing industry are digital transformation using AI and IoT.
AI and IoT will have significant business opportunities in the manufacturing sector, quality products with lower cost can change the market dynamics, which is only possible through digital transformation. Digital platforms like ecommerce platforms or DMS portal are changing the way of selling products to customers.
Tech talent: A challenge
No doubt, there is a crunch of tech talent in the country. The only way to minimize the crunch is we need to convert our technical workforce into tech talent, we should give them the opportunities and training to convert them into the right talent. To execute any great idea, the right talent is required and to minimize this problem, tech companies should train freshers and give them a chance and the gap can be minimized soon.
Technology & Brand amalgamation
Most of the software companies now go on cloud and provide Software-as-a-Service and are hosting their software on certified cloud providers and privacy is not a concern with such cloud providers. Application privacy is definitely a challenge with non-branded software and that should be taken care of by them. Lots of start-ups are bringing good and unique solutions, we need to analyse them and resolve their privacy issues.
IT: The Future of India
The adoption of technology, digital transformation in India is very high and increasing day by day. Government is also very aggressive in the technology space and business has to be updated and cannot function without technology. Henceforth, the IT industry has to grow in the same way to support massive industries and workforce in India.
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