Making informed decisions based on captured insights is key to business success
By MYBRANDBOOK
Dinesh Kaushik, CIO, Sharda Motor Industries
Technology blueprint for year ahead
There is a lot of buzz around artificial intelligence and its implications. The impact of artificial intelligence and automation can also be seen and felt in the project management sector.
Impact: Many companies have already started using AI in project management to perform their daily tasks that require human effort through task automation. The effect goes beyond automating simple tasks but is also quite helpful in obtaining performance insights. Project managers can use automation to perform complex tasks ranging from scheduling to data visualization and make informed decisions based on the
captured insights.
First and foremost, project managers should embrace AI in project management and then learn how to leverage it for successful project completion.
Inclusion of hybrid project management approaches
When Tele Smart took a survey, it was found that 58% of respondents believe that emotional intelligence is one of the strongest predictors of performance irrespective of the nature of the job.
Impact: Managing projects go beyond defining the scope, making deadlines, deciding the budget. Project managers have to manage people as well and that means more complications.
Failing to understand team members’ emotions could lead to a lot of emotional activity in a team. Obviously, the result isn’t always all hunky-dory.
More focus on data analytics and numbers
Project management involves a lot of data. Project managers are increasingly leveraging data insights to make informed decisions to handle projects in a better way and increase business growth.
Impact: Whether it’s project planning, quality management, or risk estimation, the use of big data analysis has already started shaping the project management world. The collected data is useful to learn how to form teams, the size of the team, how to include and position team members, skill sets needed to manage projects better.
Latest technologies influencing growth
New Technology Trends:
· Computing Power
· Smarter Devices
· Datafication
· Artificial Intelligence and Machine LearningExtended Reality
· Digital Trust
· 3D Printing
· Genomics
Some tech trends, like the proliferation of 5G cellular networks and artificial intelligence, are steadily gaining importance.
Other tech changes are relatively new and haven’t yet disrupted the market, but their significance is undeniable:
Embedded Business Intelligence, Customer Communication Tools, ‘Appified’ Visual Presentations, Personalized Video Messaging, Outreach.io, Intent Intelligence, Attribution Technology, Cloud Team Management, Blockchain, Artificial Intelligence, Remote Communication Tools, Conversation Intelligence, Connect and Sell, Augmented Analytics, Machine Learning.
BREAKING NEWS
TECHNO TRENDS
Nazara and ONDC set to transform in-game monetization with ‘
Nazara Technologies has teamed up with the Open Network for Digital Comme...
Jio Platforms and NICSI to offer cloud services to government
In a collaborative initiative, the National Informatics Centre Services In...
BSNL awards ₹5,000 Cr Project to RVNL-Led Consortium
A syndicate led by Rail Vikas Nigam Limited (abbreviated as RVNL), along wi...
Pinterest tracks users without consent, alleges complaint
A recent complaint alleges that Pinterest, the popular image-sharing platf...
E-Magazine
TECHNOTAINMENT
Netflix adds 'Moments' feature for saving, sharing scenes from
Netflix has introduced a new “Moments” feature on its mobile app, whic
Jacqueline Fernandez come together with YouTuber Mr. Beast for
Jacqueline Fernandez has partnered with American YouTuber Mr. Beast to b
MOVERS & SHAKERS
Visa elevates Rishi Chhabra as new Country Manager for India
Rishi holds a Master’s in Industrial Engineering from The Ohio State Univ
Genesys welcomes Albert Nel as Senior VP and Regional Sales Le
Genesys continues to deepen its investment in the APAC region. Earlier this
OPEN YOUR EYES
INTERVIEWS
AMD Pensando driving innovation in the DPU architecture space
AMD Pensando stands out in the DPU (Data Processing Unit) market with its u
Bolstering its commitment to help build a truly self-reliant B
CP PLUS is dedicated to spreading a sense of security to every corner of In
HOT PICK
SonicWall Launches TZ80: A Powerful Solution for Remote Office
SonicWall announced today the launch of the TZ80, a groundbreaking securit
Gigabyte X3D Turbo: A Gaming Revolution
GIGABYTE X3D Turbo Mode is a cutting-edge feature that unifies cores distr
MAKE IN INDIA BRANDS
SAFE SECURITY SERVICES PVT. LTD.
GLOBUS INFOCOM LTD.
FIRE BOLTT
TATA CONSULTANCY SERVICES
EMINENT CIO'S OF INDIA
ICONS OF INDIA
ICONS OF INDIA : SUNIL VACHANI
Sunil Vachani is the Chairman of Dixon Technologies (India) Ltd. Under...
Icons Of India : RAJENDRA SINGH PAWAR
Rajendra Singh Pawar is the Executive Chairman and Co-Founder of NIIT ...
Icons Of India : ALOK OHRIE
Alok Ohrie leads Dell Technologies’ India business, overseeing Sales...
PARTNER SPEAKERS
PSU
DRDO - Defence Research and Development Organisation
DRDO responsible for the development of technology for use by the mili...
UIDAI - Unique Identification Authority of India
UIDAI and the Aadhaar system represent a significant milestone in Indi...
ITI - ITI Limited
ITI Limited is a leading provider of telecommunications equipment, sol...
VIDEOS
Top 25 Brands
Global Indian industry
Indian Tech Talent Excelling The Tech World - Dheeraj Pandey, CEO, DevRev
Dheeraj Pandey, Co-founder and CEO at DevRev , has a remarkable journe...
Indian Tech Talent Excelling The Tech World - Steve Sanghi, Executive Chair, Microchip
Steve Sanghi, the Executive Chair of Microchip Technology, has been a ...
Indian Tech Talent Excelling The Tech World - Aneel Bhusri, CEO, Workday
Aneel Bhusri, Co-Founder and Executive Chair at Workday, has been a le...
STARNITE AWARDS 2024
ITFORUM 2024
CMO of the Year
WOMEN LEADERSHIP
IMAGE GALLERY
TRENDS IN TECHNOLOGY
MORE VIDEOS
ADVERTISEMENTS
TECHNOLOGY DISRUPTION
UNICORNS REVOLUTIONISING
