MY BRAND BOOK Prakash Kumar, Head IT

Prakash Kumar, Head IT - BMW India

By MYBRANDBOOK

‘Balancing the fulcrum is what a CIO has to perform every day’

Commitment as a Tech Head
Definitely the role of CIO is increasingly becoming more influential in the boardroom. There is hardly a new concept that can be thought which doesn’t require digital or IT input. All the new business models revolve around customer premium experience, newer channels of access and simplifying the ways and means to serve and create services around core product. The thoughts could originate from anywhere in organization but crystallization happens only through CIO.

Experience Cell
IT is ever evolving stream and I believe this is the only function which has progressed both horizontally and vertically. Every CIO is expected to have best of people skills because he has to work in multi dimension. At one end, he has a set up of technologist with a very different mindset and on the other end he has the internal customers who hardly understand the nuances of IT. Balancing the fulcrum is what he has to perform every day. The challenge becomes more and more with ever expanding technology. The cycle time in which new technology is disrupting the universe is 6-24 months. CIO is expected to be on top of everything which is happening in the technology field. It’s difficult to master or to know everything in depth but the best way to handle is to keep oneself abreast with development.

Key Priorities
It would be difficult to spell out the exact initiatives but organizations are definitely looking at a larger framework to leverage the digital opportunities. The focus is to have Omni channel premium user experience for the customers, collecting as many data points as possible to help organization leverage analytics and become more predictable, utilizing online potential for selling, promoting and listening to customers, leveraging cloud as a regular option for IT infrastructure . These are few ones at the top of mind.

Investment Plans for FY 18-19
The focus of business is not only on retaining but acquiring. Retention is through best of the product quality and services and acquisition by getting the near premium segment customers to premium segment. Hence the focus is equally distributed in IT area as well.

Gone are the days when we use to come with half yearly or quarterly releases and projects use to take 12-24 months to get completed. The current IT organizations are working on a DevOps model which is based on continuous releases. And this does not have to be limited by interfaces and integration. The cycle time is two to four weeks to accommodate a change. Trying out new dimensions are the accepted norms and a failure here and there is okay for organizations as long as rectification is quick enough.

BREAKING NEWS

Elon Musk Merges X with xAI in $33 Billion Stock Deal...

Elon Musk has made waves once again by merging X (formerly Twitter) with...

India Strengthens Electronics Supply Chain with ₹22,919 Cr Manu...

The scheme aims to attract an investment of INR 59,350 Cr, resulting in pro...

Govt Drops Import Duty making EV Batteries cheaper...

The Centre is taking measures to counter the impact of US President Donald ...

CERT-In’s New Advisory Unveils Hidden Cyber Threats...

The advisory highlights critical vulnerabilities in AI models, outlines mul...

TECHNO TRENDS

Legal Battle Over IT Act Intensifies Amid Musk’s India Plans

The outcome of the legal dispute between X Corp and the Indian government c...

Wipro inks 10-year deal with Phoenix Group's ReAssure UK worth

The agreement, executed through Wipro and its 100% subsidiary,...

Centre announces that DPDP Rules nearing Finalisation by April

The government seeks to refine the rules for robust data protection, ensuri...

Home Ministry cracks down on PoS agents in digital arrest scam

Digital arrest scams are a growing cybercrime where victims are coerced or ...

E-Magazine

TECHNOTAINMENT

For 2nd Time, Kaspersky announced Mumbai Indians’ Official C

Hrithik Roshan to endorse RuPay as Brand Ambassador

RuPay is reportedly planning to feature Bollywood superstar Hrithik Rosha

India Today Group launches – AI Pop Stars

Staying true to our industry leadership position in using cutting-edge tech

MOVERS & SHAKERS

Cloudflare Promotes Goran Risticevic as VP & MD for APAC

TelioLabs ropes in Phaniraj V A as the Group CEO

TelioLabs has announced the onboarding of Phaniraj V A as its new Group CE

Wipro Appoints Amit Kumar as Managing Partner and Global Head

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology s

OPEN YOUR EYES

Waiting For A Cybersecurity disaster to happen

COVID-19 Crisis Leads To Rising Growth Of Enterprise Collaboration Market

CIO’s should have the understanding "Jugaad" to overcome technology challenges

Chinese Investments targets start-ups to scale up in India

600% increase in malicious emails during Covid-19 crisis

INTERVIEWS

Delivering Critical Business Communication Solutions to Enterp

Bolstering its commitment to help build a truly self-reliant B

CP PLUS is dedicated to spreading a sense of security to every corner of In

Acer addresses evolving customer needs by consistently pushing

Acer offers a comprehensive range of products under one roof, including des

HOT PICK

ASUS ExpertCenter P500 Mini Tower Desktop PC's launched in Ind

MSI Announces the availability of RTX 50 series of laptops in

MSI, the innovative computing manufacturer in gaming, creator

Nothing Phone (3a) goes on sale today, starting at Rs 19,999

The phone was launched on March 4, featuring a 50MP main, ultra-wide, and t

MAKE IN INDIA BRANDS

TATA CONSULTANCY SERVICES

TECHROUTES NETWORK PRIVATE LIMITED

INFOSYS TECHNOLOGIES PVT. LTD.

TEJAS NETWORKS INDIA PVT. LTD.

EMINENT CIO'S OF INDIA

AI AND DATA ANALYTICS REVOLUTIONIZING HEALTHCARE SERVICES

...

AGILE TECHNIQUE ENCOURAGES TEAMWORK, ADAPTABILITY, AND CONTINUOUS ITERATION

Several emerging technology trends are significant...

PRIORITIZING APPROPRIATE DATA MANAGEMENT AND ETHICAL AI IS THE NEED OF THE HOUR

For us, cultivating customer trust amidst for that...

ICONS OF INDIA

Icons Of India : Daisy Chittilapilly

Daisy Chittilapilly is the President of Cisco’s India and SAARC regi...

Icons Of India : Anil Agarwal

Anil Agarwal, the Founder and Chairman of Vedanta Resources Ltd., is r...

Icons Of India : GAUTAM ADANI CHAIRMAN ADANI GROUP

Gautam Adani is the Founder and Chairman of the Adani Group, which ran...

PARTNER SPEAKERS

Hybrid Multicloud - The De Facto Industry Standard

In 2019, the world generated 4.4 zettabytes of data. In one year, it increased...

Enhanced Skills & Expertise helping to better serve customers and stay ahead of the curve

Feedback Forms: Conducting surveys and collecting feedback from customers is a...

"Keep IT Simple" with dedication to Quality

BM Infotrade prioritizes its motto of “Keep IT Simple”, with this it stand...

PSU

GeM - Government e Marketplace

GeM is to facilitate the procurement of goods and services by various ...

ITI - ITI Limited

ITI Limited is a leading provider of telecommunications equipment, sol...

C-DOT - Center of Development of Telematics

India’s premier research and development center focused on telecommu...

VIDEOS

Top 25 Brands

HEWLETT PACKARD ENTERPRISE COMPANY (HPE)

HPE is an edge-to-cloud company with offerings spanning Cloud Services, Comput...

Most Trusted Brands 2024 : Salesforce Inc.

Salesforce prioritizes customer success and satisfaction, focusing on building...

Most Trusted Brands 2024: Amazon.com Inc

Amazon.com Inc., commonly known as Amazon, is an American multinational techno...

Global Indian industry

Indian Tech Talent Excelling The Tech World - George Kurian, CEO, Netapp

George Kurian, the CEO of global data storage and management services ...

Indian Tech Talent Excelling The Tech World - PADMASREE WARRIOR, Founder, President & CEO - Fable

Padmasree Warrior, the Founder, President, and CEO of Fable, is revolu...

Indian Tech Talent Excelling The Tech World - Rajiv Ramaswami, President & CEO, Nutanix Technologies

Rajiv Ramaswami, President and CEO of Nutanix, brings over 30 years of...