GEC NEWS WIRETell us about yourself and your role as a CIO/IT Head in this company.
As a CIO of Transworld Group of Companies, I am always looked at to deliver a business value. I focus on designing, implementing and monitoring right IT framework for the organization, which is scalable, secure & cost effective. I always believed “stake-holders first”. We are in complex multi-model logistics business across multiple geographies. At Transworld, we always believe technology will play a key role in driving future business. We are bringing multiple technologies like supply chain platform, cloud infrastructure, customer portals & mobility platforms. We are looking forward to implementing predictive analytics to bring efficiency in our process and evaluation platforms like Blockchain & Artificial Intelligence.
I am passionate for technology innovations that’s create value to the business. My career started with writing manual books of accounts in small chartered accountant firm. Experience in accounts & audit helped me to understand basics of accounting, business & ERPs.
I am also responsible for planning, designing, implementing & monitoring business processes. Heading IT & Business process together gives me complete insight of the organization and gives opportunity to under-stand business and deliver right solutions.
What are your business models and how has digitization played a key role in your organization?
Transworld Group is on path of digital trans-formation. We are working on one integrated operational & financial cloud platform supported by portals and mobility, empowering our sales force with CRM applications and KPI based dashboards and connecting our business partners on our application platforms.
What kind of technology trends do you anticipate in 2018 for your organization?
This year we expect exponential changes in every technology direction. Machine learning and artificial intelligence will transform the entire industries, making way for virtual helpers for automatization. There will be a potential for smart homes and smart cities, with the Internet of Things (IoT) becoming intelligent.
Blockchain is another revolutionary decentralized technology that stores and exchanges data for cryptocurrencies will change the way business transactions carried today. Blockchain will affect a variety of applications has impressive prospects in the field of digital transactions which will open new business opportunities in 2018.
The key themes of May issue are Big Data, Li-Fi and Financial Services. Would you like to share with us your opinion on one of these topics?
Big data is becoming one of the key trend within technology right now. The enormous data sets would be impossible for any single human to sort through, therefore demanding the help of automated big data systems. Every industry from manufacturing to logistics is beginning to see big data’s playing key role for their business.
Around 80 percent plus of the data in the world today was generated within the past couple of years. Such an enormous amount of intelligence can teach professionals all about user habits, and IT officials are all scrambling to more fully integrate big data into their current operations. Big data is optional technology today will turn into mandatory technology tomorrow for all industries.
