In today’s connected world, there are just two kinds of organizations – those that have been compromised and those that don’t know that they have been compromised. Over the last few years, the threat landscape has changed significantly as both the volume, sophistication of attacks have increased.
Digital growth in India has shown a tremendous spur among organizations and has significantly impacted the consumers, services in the market. Our annual Enterprise IT Trends and Investments Survey titled SMAC 3.0: Digital is Here covers the journey of the Social, Media, Analytics and Cloud (SMAC), areas that have been the latest buzzwords among IT strategists. The survey, which was aimed to capture key IT priorities and initiatives taken by organizations across various sectors, provided meaningful insights from the 267 CIO’s that responded. The results clearly highlight that the direction of the respondents’ current and future plans align with the ‘Digital India’ story.
“Everything is connected to everything else — if only indirectly — and this is reflected in data.” – Eric Siegel, Writer
Have you wondered how the super cyclone that wrought havoc in Orissa in 1999 was different from HudHud, which recently hit coastal Andhra Pradesh? Officially recorded casualties caused by HudHud were 100, compared to 10,000 in areas devastated by the super cyclone. Total destruction was averted due to the timely and accurate predictions of the Weather Department, based on the analysis of past data.
Robotic process automation can reduce the need for people to perform high-volume IT support, remote infrastructure and back-office processes
The manufacturing and automotive industries were the pioneers of process automation. In these sectors, automation has transformed the shop floor and assembly line. Now automation is transforming the outsourcing sector and creating new business models. Robotic process automation (RPA) also referred to as rapid automation (RA) has gradually been gaining momentum in the market since 2012. Historically, players in the outsourcing market built a multi-billion industry by relying on cost and labour arbitrage to capture work. However, this is about to change with the emergence of RPA.
Heard of the famous quote “In God we trust, all others must bring data” by William Edwards Deming? Today is a data driven world. Organizations across the world are accumulating large volumes of data over the years, which can be used effectively to derive business insights. The power of analytics has transformed the way we do Internal Audit today.
Corporate compliance is an engaging subject at board meetings as the new Companies Act, 2013 now casts very specific responsibility on the directors of companies to ensure effective compliance management system. An increasing trend towards governmental regulation, the quest for transparency by various stakeholders, and the proliferation of social networks mark the next step in the evolution of compliance management. In the past as well as today, major cases—from Enron to Satyam—serve as drivers and catalysts for further emphasis.
There has been a lot of buzz around smart cities in India ever since the Narendra Modi Government announced an investment of $1.2 billion to create 100 of them. For the common man, a smart city is a settlement which overcomes day-to-day challenges, bridges the gaps between people’s needs and civic realities and enhances the overall quality of life; such as providing clean water, managing the growing mountains of garbage, treating sewage, building a robust public transport system, managing traffic jams and providing a safe and secure environment for women and senior citizens. Other significant elements to this model include citizen-centric administration, education, health care, public-private partnership, and regulations for commerce and utility services, etc. — all essential to the delivery of innovative smart cities of the future.