GEC NEWS WIREYears of experience as a CIO/IT Head: 11+ years
Your biggest milestone as a CIO
The biggest milestone of my CIO career has been development of an ERP solution for an MNC Manufacturing Oil & Gas company. It has provided me with great insights into refining the various operations and to see them making successful impact on the organization.
What is your opinion of the 2018 market? Which tech will lead and which will take a back seat?
Year 2018 has kicked off with very high interest in some of the game changing technologies. This year will surely be regarded as Artificial Intelligence year. Blockchain too is making strides like never before and test cases & pilots are being conducted by one and all. Internet of Things is driving and powering smarter homes and cities.
How will emerging tech like Blockchain, AI, etc. rule the roost?
At the very forefront of innovative technologies are –
- Artificial intelligence
AI is bringing rapid transformation to business operations, reshaping entire industries with advanced technologies and software. Companies now acknowledge the value of implementing AI strategies, and a major leap towards AI is on the way. This year leading firms will incorporate AI applications into their strategic and organizational development.
Virtual assistance for patients, computational drug discovery, and genetics research give a glimpse of the amazing use cases in medicine. Many more applications for automation, robotization, and data management in different industries will bring significant changes. Healthcare, construction, banking, finance, manufacturing — every existing industry will be reshaped.
- Blockchain
Blockchain, a revolutionary decentralized technology that stores and exchanges data without the need for intermediaries. It forms a distributed database with a digital register of the transactions and contracts. Blockchain stores an ever-growing list of ordered records called blocks, each containing a timestamp and a link to the previous block.
Blockchain has impressive prospects in the field of digital transactions spanning all industries and domains, which will open new business opportunities in 2018 and far beyond.
- New approaches to privacy and security
With rapid strides in technology, security and privacy need to be reimagined. Some of the recent successful hacks have shown new ways to bypass even the seemingly most secure environments.
Machine learning will be the most significant security trend establishing a probabilistic, predictive approach to ensuring data security.
- Implementing techniques like behavioral analysis enables detecting and stopping an attack capable of bypassing the static protective systems.
- Blockchain technology called Zero Knowledge Proof will further develop enabling transactions that secure users’ privacy using mathematics.
- Another new approach to safety is CARTA (Continuous adaptive risk and trust assessment). It is based on a continuous evaluation of the potential risks and the degree of trust, adapting to every situation. This applies to all business participants.
Although our security is still vulnerable, there are promising solutions that can bring better privacy into our lives.
Tell us about your CIO 200 Awards and TECHtalk experience?
It was my first time being at CIO 200 Award ceremony and to be able to attend TECHtalks.
I must say that it was quite an enriching experience overall. Just being at the event gave me an opportunity to connect and meaningfully interact with reputed vendors and peers from various domains too. Such formal networking events go a long way in establishing connections and long-term relationships.
The TECHtalks provided some very interesting cases and ideas to stimulate critical thinking.
I feel honored at being chosen among the elite CIO 200 awardees, under the Masters category. This is now fueling more thought and efforts into doing something even larger and powerful this year, so as to be able to repeat the feat again next year
