Business and technology leaders outlined ways to thrive in the age of iterative innovation, IT News, ET CIO

Iterative innovation has never been more relevant for technology leaders in companies. Faced with increasing pressure to do more with less in an extremely uncertain environment, technology leaders have no choice but to promote a culture of continuous improvement within the limits of the means and budget available, while preparing their businesses. in the future of work. Continuous iterative innovation will have a cumulative positive impact on an organization’s readiness for the future.

The competition for the future, however, begins with a change of perspective. This message resonated on the first day of ETCIO Spectrum which was held on June 10, 2021.

Business and tech leaders outlined ways to thrive in the age of iterative innovationIn its second edition, ETCIO Spectrum once again assimilates business technology leaders from India and beyond on a unique platform to explore future possibilities and propel those possibilities into a vision of tomorrow.

On the first day of ETCIO Spectrum 2021, Abhishek Singh, IAS, President and CEO of the National Electronic Governance Division (NeGD), Ministry of Electronics and Information Technology (MeitY) government of the India, opened with an opening speech on the theme “Collaborative innovation is key to resilient digital transformation 4.0”.

“We have seen that the digital divide has an impact on education in rural areas, digital education can be a problem and we need to address it in the days to come”, Abhishek Singh, IAS, President and Head of the leadership of (NeGD) and (MeitY) Indian government said in addressing online education in the context of the pandemic.

He concluded his session by highlighting the modes of technology adoption and the benefits of digital transformation. Singh highlighted the ongoing vaccination campaign in the country and also focused on the use of technology in the health sector.

After setting the tone, the virtual conclave saw massive audiences join the platform to engage and get views from top tech and business leaders.

The Conclave Day 1 sessions covered topics such as building a robust uptime and backup strategy, unlocking growth and resilience through iterative innovation and more. The conference engaged speakers in various session formats such as panel discussions, fireside discussions, case study presentations, etc.

In one of the fireside chat sessions, Sankarson Banerjee, Chief Information Officer, RBL Bank, said: “In some areas cloud storage is much more efficient than local hard drive. However, onsite backups are more under your control and more reliable, they are easier to compensate, they need to be secure for longer. With the cloud, it’s easier to back up and add incremental storage, but it’s less obvious how to store it longer. “

The conference was not only joined by technology leaders, but business leaders also participated in thematic discussions and shared their views on the industry.

In a discussion on digital transformation, Ajay Kapur, CEO – Aluminum & Power and MD – Commercial, Vedanta Ltd, presented various use cases of technologies such as AI and the company’s Industry 4.0 model.

“We are leveraging Industry 4.0 for operations and supply chain to gain deeper understanding and visibility of processes. We use digital technologies to assess critical operational parameters of different units and to stay in touch with stakeholders. Our foundries need to operate 24/7, so we have put in place technologies to remotely monitor and control our operations, ”said Ajay Kapur, CEO – Aluminum & Power and MD – Commercial, Vedanta Ltd.

A few prominent startups also joined the conference to present their perspectives and business models. During a panel discussion on the topic of digitally born companies and their operations in the midst of this pandemic, panelists from different industries share their business models and market knowledge.

“When you start to scale startups you wear many hats, but as the startup gets bigger and bigger you start to find specialists. When hiring, we need to find people who can handle the tasks on their own and who can take on this responsibility and responsibility. This will help the business to be successful, ”said Shrini Viswanath, Co-Founder, CTO, Upstox during the discussion.

Many industry experts and technology leaders witnessed various topics during the virtual conclave. To name a few, Anita Pai, COO, Yes Bank; Vinod Bhat, CIO, Vistara; Arvind Sivaramakrishnan, CIO, Apollo Hospitals; Ramesh Lakshminarayanan, CIO, HDFC Bank; Shantanu Preetam, CTO, PayU and many more.

The conclave was supported by the following partners: NxtGen Infinite Datacenter, IBM, Zoom, Servicenow, F5, AMD, SAP Concur, SECURONIX, EDB, Snowflake, Tata Communications, Kasperksy, Western Digital, VEEAM, Salesforce, Airtel Business, RAH Infotech , and THALES.

The first day of the conclave welcomed more than 2000 participants and more than 20 speakers. Second day which, on June 11, 2021, the conference will welcome a larger audience and more than 25 speakers.

Dr Ram Sewak Sharma, Director General (CEO), National Health Authority (NHA), Government of India, will deliver keynote address on creating a digital healthcare ecosystem. The conference will be followed by panel discussions, insightful case study presentations, fireside discussions and many engaging sessions.

Register and join the summit here: https://cio.economictimes.indiatimes.com/spectrum


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Perry Perrie

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