Page 4 - Digitaltech Magazine October 2020

CXO TALK

have innovated on “Culture is key and Anand. and grow revenue
IoT, AI, Robotics based Executive support The role of a CIO is opportunities. The
technology solutions is critical for any gradually undergoing expectation from the
which is now is getting transformation to a transformation from CIO is that you should
used in daily operations start and success. a technology expert look at Business and
as well for cross selling On Technology side, to business strategist. IT from a single vision.
to clients.” challenges are Legacy It is therefore no The challenge is about
IT architecture, cost, surprise that CIOs generating business
Challenges & policies and processes, today collaborate with outcome, in the absence
Changing Role of a CIO multiple systems & other C-level colleagues of which there is no
However challenges devices, to name a few. to develop business sense in adopting
always form a part of Ensuring Security is strategies and value. technology. Budget and
a CIO’s profile. Anand another key factor, while Technology initiative profitability are major
cites changing company system consolidation, or transformation is factors here,” concludes
culture, cooperation single sign-on and faster all about business Anand.
between functions go to market delivery outcomes and creating The role of a CIO
and team, resources have always been prime business value. is thus going to be
& lack of data to challenge throughout “We all are devoting doubled in future. While
justify transformation my career. There is also most of the time to earlier it was about
programs as some of a tremendous stress on business strategist Change, Innovation and
the challenges that he the business and IT to activities to help drive Operation, Customer,
has to overcome as a digitally transform and innovation, create Insight and Optimization
CIO. deliver results,” observes new business models, will now be added to it.

4 27 OCTOBER 2020
SEPTEMBER 2020