Bohitesh Misra, Chief Operating Officer & CTO - XIPHIAS Software Technologies Pvt. Ltd.
Redefined CIO role
When CIOs play an active role in business strategy, IT performance improves on a wide range of functional and business matrices. Companies with the most involved CIOs, IT facilitates business activities, including new-market entry and the creation of new products and services. CIOs involved at the strategy level have a better understanding of their businesses along with near and long-term technology needs. Such CIOs are also more effective at driving partnerships and shared accountability with the business side.
Innovations & ROI
Internet of Things (IoT) has started to deliver ROI for most of us and some of our clients have also started to see a positive impact on corporate profitability from their IoT implementations and we expect this trend to accelerate in 2019. We shall continue to expand the use of IoT in our business.
Business Intelligence (BI) has the potential to be highly disruptive to many products, services and business operations. To get started in Business Analytics, organizations need to review enterprise data sources that may be used in AI or machine learning models.
In 2019, Data analytics tools, AI and machine learning will all play an important role in grabbing data and making better use of it to meet their business goals. Another focus in 2019 shall be cyber security and data privacy issues which pose significant stumbling blocks to digital transformation efforts.
Currently, our focus is working on development of a new Blockchain based Payment Gateway Solution and will be launching the product as XPay.Life for NPCI based Utility Bill Payment services through Online Web portal, Mobile app and Touch screen Kiosks ! We are launching IoT based touch screen kiosks for Utility bill payment services using our Blockchain enabled Payment Gateway and option for payment using cash. This will be first of its kind in the industry for Utility Bill Payment using cash through Kiosks (http://www.Xpay.life).
“Our major focus shall be on the use of Business Intelligence and Analytics, security of IoT devices, mobility-based apps for the sales and operations teams, customer insights applications and marketing automation.”
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