Leaders now see automation as a path to growth
This is an exclusive interview conducted by the Editor Team of CIO News with Amit Saxena, Chief Information Officer (CIO) at Ramco Plexus Ltd
Automation’s promise is not about replacing people. It’s about using technology to streamline and automate tedious manual work so human experts have more time to solve business problems. It’s empowering people with tech skills so they can automate data-handling tasks themselves, freeing up time to focus on more creative and valuable work.
Employee engagement, productivity, and creativity skyrocket, and everybody wins. In fact, many leaders now see automation as a path to growth.
Expected growth in the next one or two years:
Automating to grow
- Health industries: 51%
- Consumer markets: 49%
- Tech, media, and telecom: 45%
- Industrial products: 40%
- Energy, utilities, mining: 37%
- Financial services: 33%
Top 10 Strategic Technology Trends for 2023:
- Digital Immune System: A digital immune system combines a range of practises and technologies from software design, development, automation, operations, and analytics to create a superior user experience (UX) and reduce system failures that impact business performance
- Applied Observability: Applied Observability is the applied use of observable data in a highly orchestrated and integrated approach across business functions, applications, and infrastructure and operations teams
- AI Trust, Risk, and Security Management (AI TRiSM): AI TRiSM “ensures AI model governance, trustworthiness, fairness, reliability, efficacy, security, and data protection”
- Industry Cloud Platforms: Industry Cloud Platforms combine traditional cloud services with tailored, industry-specific functionality to address historically hard-to-tackle vertical challenges. Organizations turn to industry cloud platforms to accelerate time to value and benefit from cross-industry innovations
- Platform Engineering: Platform engineering is an emerging technology approach that can accelerate the delivery of applications and the pace at which they produce business value. Platform engineering improves developer experience and productivity by providing self-service capabilities with automated infrastructure operations
- Wireless-Value Realization: This term is used to describe the range of ways in which next-generation wireless technologies will soon deliver new and improved services and reduce capital costs
- Superapps: A superapp is an application that provides end users (customers, partners, or employees) with a set of core features plus access to independently created miniapps. The superapp is built as a platform to deliver a miniapp ecosystem that users can choose from to activate for consistent and personalised app experiences
- Adaptive AI: Adaptive AI works on a single pipeline that gathers and analyses data sequentially instead of all at once
- Metaverse: Imagine a virtual world in which people live, work, shop, and interact with others—all from the comfort of their couch in the physical world
- Sustainable Technology: It is a framework of digital solutions that can enable environmental, social, and governance (ESG) outcomes for the enterprise and its customers
Also read: Technology leaders should promote digital collaboration
Do Follow: CIO News LinkedIn Account | CIO News Facebook | CIO News Youtube | CIO News Twitter
About us:
CIO News, a proprietary of Mercadeo, produces award-winning content and resources for IT leaders across any industry through print articles and recorded video interviews on topics in the technology sector such as Digital Transformation, Artificial Intelligence (AI), Machine Learning (ML), Cloud, Robotics, Cyber-security, Data, Analytics, SOC, SASE, among other technology topics
