Role of CIOs in championing innovation, Make in India story

India is not merely a growing IT market but a dominant global player with businesses fast adopting digital technologies, paving way for highly-personalised customer service. The market and businesses in the country are also driven by the adoption of next-generation technologies like Artificial Intelligence, Machine Learning, and big data analytics on the one hand and the traditional ERPs that are driving the manufacturing and the Make in India story.

This summarises the interaction at the India edition of the World CIO200 2022 Summit held online on 04 November 2022. The Summit was organised by the GEC Media Group and Global CIO Forum, along with the Global CIO Manufacturing Forum. This year’s Summit revolved around the theme of LeadX, leading through transformation; where technology is borderless, ambitions are fearless, and leadership is limitless.

Established in 2017, the World CIO200 Summit is a multi-country CIO felicitation ceremony that recognises the achievements of digital leaders of today who have transformed the IT infrastructure of their organisations driving growth and change. The Summit has completed Africa, Europe, Qatar, UAE, Kuwait, Bahrain, Saudi Arabia, Oman, and Egypt editions. The Summit which is touring 40+ countries will culminate in the Grand Finale on 23–24 November 2022 in Thailand.

The virtual India event culminated with the presentation of the World CIO 200 Awards to recognise the achievements of CIOs and technology leaders driving IT infrastructure adoption in their organisations. The awards were presented in four categories of Legend, Master, Leader, and Next Generation CIO.

Ronak Samanataray, Co-Founder and CEO, GEC Media Group.

Ronak Samanataray, Co-Founder and CEO, GEC Media Group.

Welcoming the delegates Ronak Samanataray, Co-Founder and CEO, GEC Media Group highlighted the importance of India for the GEC Media group. “India is an important market not just for us but for the entire world. The way technology has evolved in India, the country is leading the digital transformation across the world,” he said.

He also highlighted that most global technology companies are laying high importance on the technology market in India. Sharing an example, he talked about the recent launch of 300,000 sq ft datacentre in Noida by the Hiranandani Group-owned Yotta Infrastructure.

“India is an important market and the way technology has evolved in the country, it is leading the digital transformation across the world”

Ronak Samanataray,
Co-Founder and CEO, GEC Media Group.

“It is really great to see Indian technology companies like Yotta flying high and firing all cylinders to compete with the rest of the world,” he said adding that GEC Media Group has always believed in taking the game to the next level and the World CIO 200 is a step towards recognising the game changers.

Pratap Patjoshi, Global CIO Manufacturing Forum.

Pratap Patjoshi, Global CIO Manufacturing Forum.

Delivering the Summit’s Opening Keynote, Pratap Patjoshi, Global CIO Manufacturing Forum highlighted that the CIO Manufacturing Forum has come a long way from a small group of 10-12 members and evolving into a global organisation in a short span, to focus on concerns related to the use of digital technologies in the manufacturing sector.

“From a small group of 10-12 CIOs, the forum evolved to become a 100+ CIO organisation focusing on manufacturing units in Pune alone. A partnership with GEC Media this year has, however, helped us become a global organisation. We launched the Global CIO Manufacturing Forum or GCFM in Dubai earlier in 2022 and later in other cities. Overall, we are now an organisation with 500+ members in India and expect to add 2,000 more members from across the globe,” he said.

“Digital technologies can help convert the four factors of VUCA into vision, understanding, clarity and agility, the components that can drive growth”

Pratap Patjoshi,
Global CIO Manufacturing Forum.

“The manufacturing processes across the sectors, irrespective of whether it is the manufacturing of a small component like a screw or products like a car or a truck, is the same. Barring things that may be unique to a product, all manufacturing companies follow the same process of raw material procurement, processing, and manufacturing a product is almost the same. This brings in synergy and GCFM has emerged as a platform for sharing experiences of technology deployments in the manufacturing sector.”

“This is also very important, particularly since the country and the Prime Minister have a lot of focus on Make in India and the organisation is looking forward to contributing to the momentum and taking forward the manufacturing journey in India,” he added.

Talking about the imperative of the VUCA or the world of volatility, uncertainty, complexity and ambiguity, Patjoshi stressed that the digital journey is important for any organisation. “Many organisations indicate the limitation of budget, manpower, process, and access to technology. However, it is important to start the digital journey by taking whatever smaller steps possible and growing it at one’s pace,” he said, adding that the forum can help such organisations in deciding on the correct technologies and processes, and the right partners.

“The digital journey can help change volatility into vision. Uncertainty can be dealt with through innovation and a new way of doing things like the work-from-home that enabled the non-core staff to support running the manufacturing units with minimum shop-floor teams. The changing nature of customer needs and their demands is increasing complexity, which can be turned into an opportunity if the organisation has clarity on the needs,” he explained.

Patjoshi also touched upon the ambiguity factor stating that manufacturing companies will continue to face challenges of processes, changing market dynamics and scenarios. “Digital technologies can help convert the four factors of VUCA into vision, understanding, clarity and agility, the components that can drive an organisation’s growth,” he stated.

Improving consumer experiences using data

Khushru M Mistry, CIO and Senior Vice President, Eureka Forbes India.

Khushru M Mistry, CIO and Senior Vice President, Eureka Forbes India.

With organisations adopting digital technologies in a big way, data has been projected as the new oil and data mining as the new way of driving growth. However, not all organisations are able to harness and utilise data in the same way. Talking about the issue Khushru M Mistry, CIO and Senior Vice President of Eureka Forbes India shared his insight into how organisations can democratise data to enhance their consumer experiences.

Sharing an example of the intricate pattern of a leaf, he explained that like the lines or the arteries on a leaf, businesses have a complex structure including services, direct sales, retail, B2B and e-commerce sites, and digital marketing. Besides, companies also have manufacturing, R&D, supply chain, human resources, finance, and admin functions to deal with. “All of these are interconnected with the customer at the centre,” he said, adding that the strength and loyalty of the customer, like the central artery of the leaf is critical for the success of a company.

“In order to ensure a satisfactory customer journey organisation, need to ensure that the customer data that it is collecting is democratised”

Khushru M Mistry,
CIO and Senior Vice President, Eureka Forbes India.

So, what happens in the real-world organisation? “You may find yourself in a mess where a customer complains online or on social media about a product or its features and the post go viral. This drives the online reputation management or ORM team into action which tries to minimise brand damage. At the same time, however, the marketing team is bombarding the customers with the same product details,” Mistry elaborated.

“In order to ensure a satisfactory customer journey organisation, need to ensure that the customer data that it is collecting is democratised. In other words, an organisation must share relevant data with everyone involved in delivering simplified user journeys and improved customer experiences,” he said.

“An organisation may collect a lot of data, regardless of whether it is in a silo or centralised data lake or in a data warehouse, data democratisation is what really creates value because by shares the information with everybody involved within the organisation and even the customers. Its purpose is to enable everyone to access user data so they can make data-driven decisions to transform customer engagement.”

He, however, cautioned that data democratisation or sharing of data must be done with utmost care without compromising the data security and any leak of the PII or a customer’s Personal Identifiable Information. “Democratisation of data if done properly with adequate security measures provides a major opportunity to create a unified omnichannel customer journey by allowing organisations to improve customer experience based on data and not on assumptions or hunches.”

Mistry further highlighted that data democratisation empowers business teams to quickly enable behavioural segmentation and accordingly craft a response for the customer. “More importantly, it combines the efforts of ORM, marketing, sales, and services teams to work collaboratively to resolve the problem at hand,” he said.

Sharing insight into the steps that organisations need to take to reap benefits from the vast data, Mistry said that they first need to implement CDP or a common data platform that can integrate with the organisations’ CRM, data lake, ORM system, etc. This will help an organisation get a 360-degree view of the customer, their needs and the level of satisfaction and offer a highly-customised solution. He also advised that organisations can blend their AI and ML engines to segregate and identify customer cohorts to provide personalised recommendations.

“The end result is unlimited customer attributes that offer visibility per customer. It also helps speed up the brand’s time to market and create a lifetime value or CLTV for the customer, besides providing self-service orchestration at scale for the business and their customers,” he stressed, adding that all this will enable the wow experience for the customers.

Driving enterprise success through ERP

Allauddin F Mohamad, Global Head Information Technology, Camlin Fine Sciences.

Allauddin F Mohamad, Global Head Information Technology, Camlin Fine Sciences.

Integration of material movement with finance is critical for any organisation and a proper ERP solution provides the right tool for the stakeholders to be on top of the information. Talking about the rapid deployment of SAP, Allauddin F Mohamad, Global Head of Information Technology, Camlin Fine Sciences shared insight on the template-based approach to rolling out the solution.

“SAP has sector-specific ready-to-use roll-out templates that make implementation less risky as these have been customised by the domain experts by breaking the entire process into smaller modules. They also have different modules including in-house, cloud-based, and business-by-design,” he explained adding that the first step for an organisation is to set up a project committee, including an external resource to take the first step.

“The success and failure of an ERP implementation depends on the organisation’s ability to select a partner with the right capabilities and experience”

Allauddin F Mohamad,
Global Head Information Technology, Camlin Fine Sciences.

Talking about the key considerations while selecting an ERP partner, Mohamad pointed out that choosing the right partner for is as important as selecting the ERP solution itself. “The success and failure of your ERP implementation depends on the partner’s capabilities and experience. It is also important to trust and stick with the partner for the long term. Frequent change is a sure recipe for an ERP disaster,” he stressed.

He, however, pointed out that organisations must take adequate research before finalising the partner. “It is important that the partner has adequate industry experience in the vertical that your company operates. One must certainly take into consideration the number of roll-outs in the vertical to understand past experience. CIOs must also take feedback from the partner’s customers on the service quality and offerings, their customisation and integration capabilities, involvement and participation, the support capabilities, and the relationship with the ERP vendor.”

Mohamad also stressed the need of setting up of right implementation team comprising functional experts from each operational team who would work with the implementation partner to define to process and the changes, an in-house project manager with strong cross-function business process and database knowledge, and an infrastructure manager with firewall and network architecture expertise.

“The other aspect is to conduct a gap analysis and define the scope of the project and break the rollout into phases. For example, Phase 1 can include the rollout of the standard modules so that there is no disruption in business transactions. Phase 2 can focus on third-party integration while Phase 3 can take care of enhancements for customisation. Organisations should consider any additional raptors for the last phase of the rollout,” he advised. He also pointed out that weekly target review meetings should be held to ensure the rollout meets the timeline.

The World CIO 200 Summit in India concluded with the felicitation of CIOs and Industry leaders who have accelerated digital and business transformation, creating a better future for their businesses and driving growth.

The World CIO 200 Summit Oman Awards

Legend CIO: Life time achievement awards for more than 20 years of experience.

Master CIO: Experience of more than 15-20 years and unparalleled technological experience in a career life span.

Leader CIO: Experience of 10-15 years and multiple domain expertise.

Next-generation CIO: Experience of 5-10 years or less and undertaken mammoth projects in a less span of time.

Name of the Nominee Organization CATEGORY
Deepak Kalambkar Safexpay LEGEND
Sanjay Shirsat The Motwane Manufacturing Company Pvt Ltd MASTER
ALLAUDDIN FAKIR MOHAMAD CAMLIN FINE SCIENCES LTD. LEGEND
Nikhil Kumar Nigam Amity Education Group LEGEND
Ritesh Gupta TATA PIGMENTS LTD NEXT-GEN
Hegde Subbarao Vennar Digital Farm LEGEND
LAKSHMANA VADAGA IMAGICAAWORLD ENTERTAINMENT LTD LEGEND
Dr Chitranjan Kesari Hive Carbon Zero (Fosun Group) LEGEND
Pragnesh Mistry RPG Enterprises Limited RPG group LEGEND
Susil Kumar Meher AIIMS New Delhi LEGEND
Pradipta Patro KEC International Limited(RPG Group) LEGEND
Vijay Varshney Smollan LEGEND
Yogendra Singh Barista Coffee Company Ltd. MASTER
Avneesh Vats EESL and Convergence Energy Services Ltd LEGEND
GAURAV VIJ STAYCAY ABODE SOLUTIONS PVT LTD MASTER
Amit Kumar Pristine Group MASTER
Ramkumar Mohan Air Works India Engineering Private Limited LEGEND
Viren Italiya GSC Bank MASTER
Gaurav Vyas Jekson Vision LEADER
Krishnamurthy Rajesh GreyOrange LEGEND
Selestin K Thomas Nissan Digital LEGEND
Kamal Matta Sonic Biochem Ext Pvt Ltd LEGEND
Srinivasan Mahalingam C-Square Info Limited NEXT-GEN
Balvinder Banga Ritco Logistics Ltd LEGEND
G.D. Pandey Poly Medicure Limited LEGEND
VIKAS GUPTA HIRANANDANI ENERGY LEGEND
Amey Subhash Lakeshri EY LEADER
BHUPENDRA KUAMR PANCHAL KAL LEGEND
Sunil Kankal DataFuturity Solutions LLP LEGEND
Harmit Singh Malhotra Enter10 Television PVT LTD MASTER
Jagannath Sahoo ACT FiberNet MASTER
Mahendra Kandukuri The Mehta Group MASTER
Dr. Sunil Pandey Institute of Technology & Science (I.T.S) Mohan Nagar Ghaziabad LEGEND
Navin Nathani Aditya Birla Group Hindalco Industries LEGEND
Satyanarayana Kasturi Ashok Piramal Group LEGEND
Dr Rizwan Ahmed delaPlex LEGEND
Unni Menon CAM Multi Speciality Hospital LEGEND
Ravishankar Ramakrishnan DWS- Deutsche Bank MASTER
Dipesh Thakar Meril Life Sciences Group LEGEND
NAVNATH BARAVKAR MUTUAL AUTOMOTIVE PRIVATE LIMITED LEGEND
Prasad Katta APPLUS IDIADA LEGEND
Ganesh Joshi Nilons Enterprises Pvt.Ltd. LEGEND
Rajesh Kulkarni Piaggio Vehicles Private Limited LEGEND
Dr.Amrut Urkude Shubhalakshmi Polyesters Ltd. LEGEND
Shashi Tripathy Hyundai Construction Equipment India Pvt. Ltd. MASTER
Sanjay Singh Galod Knorr- Bremse CVS Pune LEGEND
Girish Kulkarni Sardar Vallabhabhai Patel Inst of Medical Sciences & Research (SVPIMSR) LEGEND
Prashant Kurhade Suhana (Pravin Masalewale) MASTER
Vishwajeet Singh Salasar Balaji Logistic Private Limited LEGEND
Akshay Kumar Sahani MAHARASHTRA SEAMLESS LIMITED LEGEND
Jitendra Panchal Central Depository Services India Ltd LEGEND
Viral Davda NCDEX LTD MASTER
Amit Jaokar NKGSB Co-op Bank Ltd. MASTER
Krishna Dhumal The Gem & Jewellery Export Promotion Council LEGEND
Ashok Thalavaiswamy iOPEX Technologies MASTER
Mahendra Soni Sodexo India Services Pvt Ltd. MASTER
Pratap Patjoshi Yotta Infrastructure LLP limited LEGEND
CG Balaji Apollo Pharmacies Limited LEGEND
Nayan Desai WNS Global Services Pvt Ltd. LEGEND
Nirvan Biswas National Bulk Handling Corporation LEGEND
Ravinder Arora Infogain MASTER
Vijay Bhat GLS Group LEGEND
Nagraj Rao Hatwari Automation LLP LEGEND
Kiran Neve Hitachi Astemo Brake Systems India Private Limited LEGEND
Bhaskar Rao Bharst Cooperative Bank (Mumbai) Ltd. LEGEND
Rajesh Tiwaskar Mahindra & Mahindra Limited LEGEND
Rahul Biswas Alleima India Private Limited LEGEND
Gajendra Patil Emerson MASTER
Chandran R Bahwan Cybertek Ltd LEGEND
Upkar Singh RMSI Pvt. Ltd. LEGEND
Sumit Jain Adviacent Consulting Services Pvt Ltd. MASTER
Subroto Panda Anand and Anand MASTER
Prakash Kumar BMW GROUP INDIA LEGEND
Pareshkumar Goswami Suzuki Motor Gujarat Pvt. Ltd LEGEND
Indranil Chatterjee Ernst and Young LEGEND
Rajesh Thanua SMAS Autoleasing India LEGEND
Ankit Goswami PayU.In MASTER
Prince Joseph SFO Technologies LEGEND
Amzad Sheikh Vandana Global LTD LEGEND
Anand Sinha Birlasoft LEGEND
Subhakar Rudra WPIL Ltd. LEGEND
Rasvinder Singh Nagpal SUMITOMO CHEMICAL INDIA LTD. LEGEND
Prerak shah Somika Group SARL LEGEND
Dr. Biswajit Mohapatra Amazon Web Services LEGEND
Panish Javagal Hinduja Global Solutions Limited LEGEND
Neha Sivaprakasam Seedworks International Pvt Ltd LEADER
Milind Borse Advik Hi Tech Pvt Ltd LEGEND
Jitender Kumar Yadav Seco Tools India Pvt Ltd. LEGEND
MINU THOMAS Synthite Industries Pvt Ltd LEGEND
Rahul Raj Signzy Techniologies LEADER
Satish Papnoi Sarla Holdings Pvt Ltd LEGEND
Abhishek Agarwal Energy Efficiency Services Ltd LEGEND
INDRA BHUSHAN SINGH VLCC Health care Ltd MASTER

By Shubhendu Parth.

The post Role of CIOs in championing innovation, Make in India story appeared first on Enterprise Channels MEA.