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CIOs are the most capable and competent people
#VarundeepKaur, CIO, #SpiceMoney at #20thInfotechForum2022
CIOs are the most capable and competent people
CIOs are the most capable and competent peopleBy VARINDIA | 64 views
Cloud provides the flexibility to scale up and down
#KripadyutiSarkar, CIO, Ambuja Neotia at #PanelDiscussion Of 11th Edition Of #EIITF2022
Cloud provides the flexibility to scale up and down
Cloud provides the flexibility to scale up and downBy VARINDIA | 110 views
57% of Boards of Directors Are Increasing their Risk Appetite into 2022
#GSKdrug #Omicron #Nvidia
Boards of Directors Increasing their Risk Appetite
We can’t deny the fact of the growing Economic Uncertainty, Competitive Threats and Cost Inflation Cited as the Biggest Risks to Business Performance. Fifty-seven percent of Boards of Directors have increased or expect to increase their risk appetite heading into 2022, according to a new survey from Gartner. The Boards of Directors cite economic uncertainty (38%), disruptive business models from competitors (35%) and cost inflation due to supply shortages (28%) as the top risks to business performance. The Survey was conducted via an online survey from May through June 2021 among 273 respondents in the U.S., Europe and APAC in a board of director role or a member of the corporate board of directors. During the pandemic, the Boards of Directors recognized that they needed to become comfortable operating in an environment of significant risk, as standing still was not an option. “This drove them to embrace the ‘try fast, fail fast approach,’ and in 2022, the Boards of Directors will continue taking risks such as making technology investment decisions with incomplete information or making financial bets without up-front visibility around a guaranteed return.
Digital Technology Remains a Top Priority and the Boards of Directors remain highly committed to digital technology initiatives, which was ranked as a top strategic business priority by 58% of survey respondents. However, this is a slight decrease from the 2021 survey. Having invested so much in digital business over the past 12 to 18 months, enterprises are taking a pause to validate their strategy and ensure ROI. For Boards of Directors, the core focus is now on technology integration and creating a more enduring and systemic digital economic architecture, where technology is infused throughout the business and drives business outcomes. The survey further elaborates and found that 64% of Boards of Directors havBy VARINDIA | 140 views
CIO's are Enablers of a digital-first economy
#CIO #Economy
Today, IT leaders sit at the nexus of their company’s transformation and innovation efforts – providing a unique horizontal view and influence across the organization. 96% of Indian CIOs have more influence on leadership decisions. According to the survey, up to 50% of Indian CIOs singled out hybrid and public cloud as the most likely area for increased investment in 2021. Over the past year, CIOs have been able to further improve digital customer experiences, but these experiences have also become more complex. Moving forward, CIOs need to think about the integrated technology tools and infrastructure frameworks necessary to help their organizations effectively and securely capture customer data, convert that data into valuable insights, and utilize those insights to shape a personalized and enhanced customer experience.
CIOs first need to embrace the need for change. CIOs now need to deliver IT in ways that suit their users, empowering them for new ways of working, engagement and collaboration. CIO’s need to align all new technologies with their organizations’ overall business strategies, budgets and needs for security. With more teams directly involved in shaping the customer experience, CIOs regularly partner with their peers to take their digital experiences from concept to reality. Indeed, IT leaders regularly collaborate with two or more C-level colleagues on customer experience management initiatives. In India, CIOs most regularly partner with their organization’s CTO followed by the CMO. Nearly 60% of CIOs now meet with their CMO counterparts on a daily or weekly basis, forming a true power duo.
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Rising complexity in the role of CMO’s to enhance the bottom-line
A discussion arises whether the CMO’s should lead the role of digital transformation. However, the chief information officers (CIO) and chief technology officers (CTO) are supposed to be responsible for this role, as they hold the position of C-suite. It makes sense, because more than any other C-suite executive, the CMO has a solid understanding of customers’ needs and expectations and can apply that understanding to digital transformation, leveraging data and advanced technology for increased success. CMOs must understand consumers— from marketing to different audiences to creating a loyal customer base.
CMOs are able to accomplish more than ever and play a bigger part in how their companies operate. They also get the opportunity to form powerful relationships with CIOs to increase their ability to achieve the goals of their department and the goals of the company as a whole. The COVID-19 pandemic forced digital transformation to happen overnight, and consumers are now interacting with brands in different ways to leverage digital channels more than ever. When CMOs incorporate digital transformation into that understanding, they ensure their organization is using new technology to drive the personalization of the customer experience in innovative ways. CMOs can help introduce new advertising, UX, and mobile technologies, among others, that will enhance the corporate-customer relationship. CMOs can work with other C-suite positions to make sure that everyone is on the same page about new initiatives and innovations.
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CIO’s should have the understanding "Jugaad" to overcome technology challenges
CIO’s should have the understanding "Jugaad" to overcome technology challenges
CIO’s should have the understanding "Jugaad" to overcome technology challengesBy VARINDIA | 109 views
COVID-19 Crisis Leads To Rising Growth Of Enterprise Collaboration Market
COVID-19 Crisis Leads To Rising Growth Of Enterprise Collaboration Market
COVID-19 Crisis Leads To Rising Growth Of Enterprise Collaboration MarketBy VARINDIA | 122 views
Overcoming The Security Challenges While Work From Home(WFH)
Overcoming The Security Challenges While Work From Home(WFH)
Overcoming The Security Challenges While Work From Home(WFH)By VARINDIA | 93 views
NandKishore Dhomne - V.P- IT & CIO - Manipal Hospital at 10th SIITF 2019
NandKishore Dhomne - V.P- IT & CIO - Manipal Hospital at 10th SIITF 2019
Watch NandKishore Dhomne - V.P- IT & CIO - Manipal Hospital at 10th SIITF 2019 With HD QualityBy VARINDIA | 307 views
N Balasubramanian - CIO- Cloudnine Hospital at 10th SIITF 2019
N Balasubramanian - CIO- Cloudnine Hospital at 10th SIITF 2019
Watch N Balasubramanian - CIO- Cloudnine Hospital at 10th SIITF 2019 With HD QualityBy VARINDIA | 287 views
Ashish Bansal - CIO - GSK at 10th SIITF 2019
Ashish Bansal - CIO - GSK at 10th SIITF 2019
Watch Ashish Bansal - CIO - GSK at 10th SIITF 2019 With HD QualityBy VARINDIA | 250 views
Anand Mangalam - CIO - Arjas Steel India at 10th SIITF 2019
Anand Mangalam - CIO - Arjas Steel India at 10th SIITF 2019
Watch Anand Mangalam - CIO - Arjas Steel India at 10th SIITF 2019 With HD QualityBy VARINDIA | 16570 views
Vijay Sethi, CIO, CSO - Hero Motor Corp at 3rd Panel Discussion, 17th IT FORUM 2019
Vijay Sethi, CIO, CSO - Hero Motor Corp at 3rd Panel Discussion, 17th IT FORUM 2019
Watch Vijay Sethi, CIO, CSO - Hero Motor Corp at 3rd Panel Discussion, 17th IT FORUM 2019 With HD QualityBy VARINDIA | 312 views
Sanjeev Jain, CIO, integreon at 10th EIITF 2019
Sanjeev Jain, CIO, integreon at 10th EIITF 2019
Watch Sanjeev Jain, CIO, integreon at 10th EIITF 2019 With HD QualityBy VARINDIA | 254 views
Bibek Maity, CIO, LUX INDUSTRIES LTD at 17th IT FORUM 2019
Bibek Maity, CIO, LUX INDUSTRIES LTD at 17th IT FORUM 2019
Watch Bibek Maity, CIO, LUX INDUSTRIES LTD at 17th IT FORUM 2019 With HD QualityBy VARINDIA | 227 views
NandKishore Dhomne - V.P- IT & CIO - Manipal Hospital at 10th SIITF 2019
NandKishore Dhomne - V.P- IT & CIO - Manipal Hospital at 10th SIITF 2019
Watch NandKishore Dhomne - V.P- IT & CIO - Manipal Hospital at 10th SIITF 2019 With HD QualityBy VARINDIA | 300 views
N Balasubramanian - CIO- Cloudnine Hospital at 10th SIITF 2019
N Balasubramanian - CIO- Cloudnine Hospital at 10th SIITF 2019
Watch N Balasubramanian - CIO- Cloudnine Hospital at 10th SIITF 2019 With HD QualityBy VARINDIA | 319 views
Ashish Bansal - CIO - GSK at 10th SIITF 2019
Ashish Bansal - CIO - GSK at 10th SIITF 2019
Watch Ashish Bansal - CIO - GSK at 10th SIITF 2019 With HD QualityBy VARINDIA | 315 views
Anand Mangalam - CIO - Arjas Steel India at 10th SIITF 2019
Anand Mangalam - CIO - Arjas Steel India at 10th SIITF 2019
Watch Anand Mangalam - CIO - Arjas Steel India at 10th SIITF 2019 With HD QualityBy VARINDIA | 316 views
Vijay Sethi, CIO, CSO - Hero Motor Corp at 3rd Panel Discussion, 17th IT FORUM 2019
Vijay Sethi, CIO, CSO - Hero Motor Corp at 3rd Panel Discussion, 17th IT FORUM 2019
Watch Vijay Sethi, CIO, CSO - Hero Motor Corp at 3rd Panel Discussion, 17th IT FORUM 2019 With HD QualityBy VARINDIA | 256 views
Sanjeev Jain, CIO, integreon at 10th EIITF 2019
Sanjeev Jain, CIO, integreon at 10th EIITF 2019
Watch Sanjeev Jain, CIO, integreon at 10th EIITF 2019 With HD QualityBy VARINDIA | 303 views
Bibek Maity, CIO, LUX INDUSTRIES LTD at 17th IT FORUM 2019
Bibek Maity, CIO, LUX INDUSTRIES LTD at 17th IT FORUM 2019
Watch Bibek Maity, CIO, LUX INDUSTRIES LTD at 17th IT FORUM 2019 With HD QualityBy VARINDIA | 16404 views
Sadeep Kothari, CIO, Travel Food Services at Panel Discussion of WIITF 2015
Sadeep Kothari, CIO, Travel Food Services at Panel Discussion of WIITF 2015
Watch Sadeep Kothari, CIO, Travel Food Services at Panel Discussion of WIITF 2015 With HD QualityBy VARINDIA | 310 views
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20अक्टूबर से 21जनवरी तक में मंगलदेव अपने नीच राशि कर्क में कर्क सिंह कन्या राशि पर क्या पड़ेगा प्रभावBy Daati Maharaj | 711 views
राष्ट्रपति का अभिभाषण या मोदी सरकार का भाषण ? Droupadi Murmu | #dblive
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20अक्टूबर से 21जनवरी तक में मंगल अपने नीच राशि कर्क में मकर ,कुंभ,मीन राशि परक्या पड़ेगा प्रभावBy Daati Maharaj | 2127 views