Page 5 - ANNIVERSARY EDITION JULY 2021
P. 5
Hemant Tiwari
Digital Transformation Managing Director,
India - Hitachi Vantara
Digital Transformation broadens
the scope for new opportunities
across sectors
Organizations accentuated the matters of top concern, inability to
need for setting on a digital identify the root problems and poor
journey during the pandemic as change management are often
they have come to understand two main barriers obstructing the
that the technology adoption path to transformation. Hitachi
Vantara works closely with its
scenario will never remain the
c u s t o m e r s t o c o - c r e a t e a
same. Hemant Tiwari opens up
customized solution that tackles
about how Hitachi Vantara helps
the challenges and delivers high
customers with solutions that
operational efficiency.
tackles challenges on this journey
Pandemic accelerating
while also delivering efficiency -
the pace
Major forces driving Digital The pandemic has accelerated the investments in technology and an
Transformation u s e o f c o n t a c t l e s s d i g i t a l additional IT budget of 5% will have
I n d i a h a s s e e n d i g i t a l technology across India. Many to be announced to deal with the
transformation at a rapid speed in studies have pointed out about the covid crisis, besides other factors.
the past year. A study by Zendesk increase in the number of cashless Key trends in the Technology
states that more than half the payments in the banking sector. space
companies (according to Harvey
Data from the apex Reserve Bank of While the world eagerly awaits to
Nash / KPMG CIO Survey 2020)
have fast-tracked their digital India (RBI) show that India clocked e m b r a c e t h e u s e o f 5 G ,
transformation by one to three a r o u n d 1 0 0 m i l l i o n d i g i t a l automation, quantum computing
transactions a day with a volume of and IoT will continue to open
years due to the pandemic. This
demand paired with the remote 5 trillion rupees ($67 billion) in 2020, exciting avenues across sectors.
working setting is fast accelerating about a five-time jump from 2016. Following the pandemic, adoption
the digital transformation process. However, the pandemic exposed a of multi-cloud and hybrid cloud
Factors hindering growing digital divide. While systems will continue to flourish.
Transformation recovery will be unique to each There is therefore a need for CIOs to
W h i l e d a t a p r i v a c y a n d establish an application-first
sector, country, and company, the-
cybersecurity continue to remain - infrastructure to enable them to be
Harvey Nash / KPMG CIO Survey digitally agile and deliver their
2020 further points out that there multi-cloud service.
will be an increase in cyber threats,
July 2021
