Weekly Rewind: Top 10 Stories On CXO Today (Oct 16-20)
The week that passed by saw some exciting news and updates in the tech universe that may have some direct impact on the business community.With the arrival of Diwali, the e-commerce battle has intensified as e-tailers started showering the online shoppers with discounts, cash backs, exchanges and online coupons to stay ahead in the race.
This time, the online [and offline] market was flooded with electronics gadgets. On an interesting note, feature phones seem to be the most gifted item this Diwali, marking a rebound in this category.
Topics such as Artificial Intelligence, Internet of Things, Big data, cyber security and Digital Transformation, continue to be the flavor of the week, as we have for you a host of articles on how these technologies are having a long term effect on various aspects of business.
We also bring to you interesting trends, interviews, research reports and expert columns like every week.
AI is revolutionizing the ERP software domain and radically transforming the way businesses function. Together with the data mining capability of advanced self-learning enabled AI systems, automation of ERP software systems could bring great value addition to a business. The AI-enabled ERP software can influence the core of an organization’s day-to-day business function and processes by cutting down on operating expenses, streamlining tasks that are routine and removing human errors.
Cloud adoption is driving IT transformation in the modern enterprise, with organizations taking advantage of software-defined infrastructure (SDI), containers and DevOps to keep pace with the demands of today’s markets. That’s according to the 2017 global study of IT professionals commissioned and released by enterprise open source infrastructure solution provider SUSE, which provides some facts every CIO driving cloud for IT transformation should know.
After spending seven successful years in cybersecurity company Kaspersky Lab, Altaf Halde, Managing Director, Kaspersky Lab South Asia, is leaving the company to pursue opportunities outside the company. Halde has been replaced by Shrenik Bhayani who has been appointed the new General Manager for the South Asia region. Halde have been and have been instrumental to grow the company faster than competition.
Technology giant IBM says it has tied up with firms such as Reliance Group’s UNLIMIT, Kone, KPIT and agri tech firm Avanijal Agro to jointly build internet of things (IoT) solutions for local customers in the country. Some of these companies that implement IBM’s IoT and other technology platform, through platinum business partners like Pune-based Datamato, often end up becoming the face of IBM for these organizations.
It’s that time of year again when online retailers begin to plan for a tidal wave of festive shoppers. They are already using technology to support their sales efforts. One such technology is Artificial Intelligence or AI that is changing e-commerce, making it a leaner and more effective proposition. Customers can expect to continue to see strides in personalization and recommendations. E-tailers can expect to see improvements to their order handling, customer service, and personalization efforts. These will pay dividends in the form of revenue enhancement, increased margins, and higher sales.
E-commerce giants in India are celebrating the festival of lights by doling out the finest offers and deals for the consumers. Diwali and Dhanteras are the time for the etailers to lure customers to fill in their shopping carts. With all the online shopping sites heaving up to the best bet to cash in the festive spree of shopping, there are some which are miles ahead in the market.
Diwali sales of consumer electronics goods have been encouraging this year. Manufacturers and retailers of consumer electronics are looking at a healthy consumer turnout with business growth expected anywhere between 15% and 30% in the last one month. Some of the best growth markets are Tier II and III cities at present. The frenzy for consumer electronics good is here to stay. While the pre- and Diwali sale season is currently on, this will be followed by a busy wedding season, followed by Christmas and New Year.
Some companies go further than others to create an environment and culture that is great for women. A recently released Best Companies for Women in India (BCWI) study of the 100 Best Companies for Women in India reveals a two-fold increase in Women’s employee spectrum in the last one year. The 2017 Top 10 Best Companies for Women in India, listed in alphabetical order, include, Accenture, Deloitte, EY, IBM, Northern Trust Bank, People Combine Educational Initiatives, Procter & Gamble, Schneider Electric, Shell India and Tata Consultancy Services.
Of late, cybersecurity is keeping CXOs extremely busy as they are dealing with different areas of information security, including IoT security, cyber resilience and new regulations and policies by the Government. With incidents such as with WannaCry and Petya, and many such cyber threats doing the rounds, CIOs, CISOs, the government legal authorities are solving new puzzles every single day. The recently concluded Infosec Intelligence Conclave 2017 in India offered an opportunity to IT security professionals to be updated on the latest breakthroughs in exponential technology and ideas.
Consumers want more personalization in marketing. While brands also rightly believe in utilizing social data and marketing technology to create a highly personalized experiences for their target audience, the entire strategy of brand personalization remains woefully underutilized. A new research found that while brands face pressure to be data-driven, and place a high priority on personalization, they struggle to manage and mine customer data and end up providing “bad personalization,” to their consumers.
- Edge Computing Drives Internet Of Thing's Growth: Study
- Iris Global On Expansion Spree; Ventures Into India's Cyber Security Biz
- AI Is The Future of Cybersecurity
- Digital To Rule IT Firms' Growth By 2021: ICRA
- Data Science: A Success Mantra For Business Optimization
- Firms Yet To Adopt AI-ML To Improve Cyber Resilience
- 5 Steps CISOs Can Implement to Enhance Customer Experience
- Top Tips To Avoid Last-Minute GDPR ‘Cramming’
- AI, IoT Enhancing Video Surveillance Capabilities
- Businesses Speed Up Adoption of Augmented Analytics Tools