IT: A business driver and business partner


By MYBRANDBOOK


IT: A business driver and business partner

Kushal Varshney
CTO
Veriscent Infrastructure

 

CIO priorities for 2022
Last year we invested a lot in technology and created a robust platform to support our inorganic growth achieved by Merger and Acquisitions (M&A). Since inception in 2020 (born in pandemic), we are a data first and digital first organization and are already embracing Cloud and SaaS technologies. 
 

We have already implemented SAP S/4 HANA PCE (Private Cloud Edition) along with SAP BPC (Business Planning and Consolidation), SAP CPI (Cloud Platform Integration), Legal & Compliance system, HRMS, security, DMS, Access Management etc. This year our focus will be to take Cyber-Security to the next level.

 

Digitization - opportunities galore
IT is no more a support function nor just a business enabler, now actually IT is a business driver and business partner and the pandemic has proved this. Still a mindset shift is required, and people have to accept that now we are living in a digital society. The companies who invested in technology have not only survived but thrived during the pandemic. CIOs should now talk in terms of business value proposition - improved productivity, digital revenue, brand reputation, automation, secured enterprise etc. and translate all this (qualitative-quantitative, tangible-intangible and direct-indirect benefits) in numbers.

 

Technology & Brand amalgamation
In this digital world, many brands struggle to maintain a balance between intuitive experience and privacy. Right from data collection to categorisation, protection and access to authorized persons only for the intended use, each and every stage it needs to be safeguarded from internal as well as external modern threats. Through employee awareness including making them aware about the consequences of any security or privacy breach along with latest DLP (Data Leakage and Prevention) and managed security solutions, privacy related risks can be reduced / mitigated.

 

IT: The Future of India
IT has made organizations agile and resilient, and also opened new business models/streams. Information Technology not only contributed to the economic growth of the country but it has also made governance more competent and approachable. It has made access to government services and information easier and inexpensive. The IT industry is the backbone for our economy to prosper exponentially.
 

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