Havells India chief information officer (CIO) Sachin Gupta said Internet of Things (IoT) is fueled by the huge amount of data generated by the consumers.
“IoT is the true digital transformation of the industry, riding on technologies such as Microsoft Azure. And a strong cybersecurity framework is an essential component of this. We are excited to join hands with Microsoft, and work towards achieving our goal of enhancing our products with IoT, that can provide better experience to our customers”.
Havells India CIO Sachin Gupta was quoted by the Microsoft Asia Digital Transformation Study.
The study polled business leaders working in mid-sized and large enterprises from 13 Asia Pacific countries. Among Indian respondents, there was a high number CEOs, followed by Chief Digital Officers.
According to Microsoft Asia Digital Transformation study, 92 percent of business leaders in India believe that every organization needs to be a digital organization for growing for their business. This is ahead of the Asian average of 80 percent. Indian executives led their Asian colleagues in placing Cloud Computing as an important element of their digital transformation strategy.
Artificial Intelligence (AI) and IoT are emerging technologies relevant to digital transformation strategies to businesses, according to Indian respondents.
Cloud computing and drop in device price is vital for accessing modern technology cost effectively. Indian respondents are also considering Virtual Reality and Augmented Reality important for to digital transformation.
“Cloud powered technologies such as IoT, AI and advanced data analytics are creating limitless possibilities in transforming the way people work, live and play,” said Anant Maheshwari, president – Microsoft India.
Apollo Hospitals is committed to digital transformation that combines the best of information and medical technologies to deliver patient centric, user friendly care, and to transform healthcare processes.
“Innovative solutions powered by big data analytics and machine learning are supplementing our healthcare workforce through better decision-making. I expect IoT based devices to significantly augment the care process in future,” said Sangita Reddy, joint managing director of Apollo Hospitals Group.
In India, respondents prioritized empowering employees as the top digital transformation priority for the organization, followed by optimizing operations, engaging customers and transforming products and services.
87 percent Indian respondents feel that new insights from data could lead to new revenue streams .
Respondents in Asia (49 percent) and India (53 percent) indicated their organization had digital transformation strategy in place.
