Dr. Vijay Choudhary, Chief Technology Officer, HRH Group of Hotels
By MYBRANDBOOK
‘Technology is like a growth-engine to an organization’ The CIO as a custodian of information of the entire organization is involved in most of the details of information. Now as the role of CIO requires the flexibility to work with new business models, the CIO should continue to embrace the requirement of new skills where technology has to play a key role in strategy formulation and execution. One person in the Board who can connect all the dots is of course the CEO and the second who can assist in big way is the CIO; the most eligible who understands demand and supply metrics of organization where he is attached with both the top to bottom line and playing the pivotal role in Business and Technology Alignment. The CIO is the one whose DNA is to have multitude of business skills based on solid technical foundation.
The only solution to people skill deficiency is to derive industry specific training plans which should run across the organization as well as within the IT department. For example we are in the hospitality industry, so what we first provide is training to our IT team to make them understand the Hospitality industry and then align IT skills for our business requirements. Also by creating internal mentors for new team members, they are acquainted with the learning quickly and deliver faster.
The CIO should act like a Global CIO to see the world as a market. As a custodian of information for a Global Organization he can ensure its reliability and security by having information/knowledge of different country’s regulations, processes and compliances. As the CIO/CTO, my priority is to invest in the technology directly affecting Revenues. The other priority would be to control cost ‘Capex’ by adopting Cloud based services, consolidation of existing infrastructure for cost saving in long run, and exploring ways to reach to new customers by eChannels so that the market reach is improved. We are also exploring ways to adopt IoT, Big-data, BI Tools and better connectivity solutions.
Technologies are emerging daily and we need to see Cost v/s ROI in long run with respect to the training of manpower so that new technology can be consumed optimally. In the Travel and Hospitality industry, we are observing major uses of emerging technologies like AI, IoT, Machine Learning, Big Data and Robotics. Along with it the priority is Data/web Security and Data privacy that are serving as the main business priorities. |
"
TAC Security becomes Cyber Security Assessor for the App Defen
The cybersecurity company, TAC Security has been selected as a key Cyber ...
InterGlobe’s Rahul Bhatia and C.P. Gurnani together announce
In a move that is set to transform the AI landscape, Rahul Bhatia, Group M...
Download masked Aadhaar to improve privacy
Download a masked Aadhaar from UIDAI to improve privacy. Select masking w...
Sterlite Technologies' Rs 145 crore claim against BSNL rejecte
An arbitrator has rejected broadband technology company Sterlite Technolog...
MICROTEK INTERNATIONAL PVT. LTD.
NETWEB TECHNOLOGIES INDIA LTD.
FINOLEX INDUSTRIES LTD.
HP INDIA SALES PVT. LTD.
Technology Icons Of India 2023: Amit Chadha
. An influential leader in the engineering services industry for over ...
Technology Icons Of India 2023: Sunil Vachani
Sunil Vachani is the founder and chairman of India-listed Dixon Techno...
Technology Icons Of India 2023: Som Satsangi
With more than three decades in the IT Sector, Som is responsible for ...
HPCL is transforming the energy landscape, across the nation and beyond
HPCL is world-class energy company known for caring and delighting the...
BEL leveraging next generation technologies to keep the country ahead in Defence space
Bharat Electronics Limited (BEL) is a Navratna PSU under the Ministry ...
STPI encouraging software exports from India
Software Technology Parks of India (STPI) is an S&T organization under...
TECHNOBIND SOLUTIONS PVT. LTD.
TechnoBind’s business model is focused on identifying and partnering...
R P TECH INDIA
R P Tech is recognized for its diverse products portfolio, value-add...
INGRAM MICRO INDIA PVT. LTD.
Ingram Micro India, a large national distributor offers a comprehensiv...