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Understanding the business dynamics and furnishing innovative solutions


By MYBRANDBOOK


Understanding the business dynamics and furnishing innovative solutions

Nitin Dhingra, CDO, Somany Impresa Group (Home of brand Hindware) 

 

Technology blueprint for year ahead
Our mantra is simple: work with businesses to understand their priorities and align with cross-functional teams sponsored by CxOs to collaborate on a) creating a landscape for the next ~2 years, b) working with DevOps and an agile approach to co-create solutions using established partners or nimble startups as needed, c) implementing strong governance with daily working team meetings and frequent check-ins with CxOs, managed effectively by a very strong PMO team and tools, and d) maintaining a dedicated focus on adoption via jointly agreed-upon KPIs between digital and business teams.

Personally, I am involved in mission-critical projects, building team structures and upgrading skills, developing enterprise architecture for the IT landscape with consideration for the dynamic nature of the business, ensuring adoption of newly released applications through change management or innovation, realizing benefits from digital investments, strengthening cyber security, and, last but not least, working on initiatives to further improve the digital capabilities of the entire organization using various innovative approaches.

 

Latest technologies influencing growth
Our primary goal is to help businesses achieve their objectives by utilizing digital tools. As we embark on this journey, we come across various technology tools. We have found that certain emerging technologies such as Data and its architecture on cloud, RPA, IIOT, AI/ML, AR/VR, Virtual assistant, and Cloud computing have been widely adopted by us. We are also aggressively evaluating options of open AI tools like open AI  to support our business operations.

 

Fortifying organization from cyber threats
With an increasing number of hacking attempts, the field has become very volatile. Even machines on our shop floor become vulnerable when they are connected through IT/OT networks. To address this challenge, we have taken several initiatives.

First, we have created a clear understanding of our application roadmap, along with our digital and data strategy. This is complemented by an appropriate cybersecurity framework that includes elements of risk assessment, frequent audits, and the creation of a structured task force that specifically works on incident resolution in low turnaround times.

Second, we work with established players to bring security elements at data, privacy, and access levels. We have also introduced a layered defence approach that includes tools such as antivirus, data protection, firewalls, and zero trust.

Finally, we have taken steps to educate our people about the risks associated with cybersecurity and how to avoid them.

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