APAC CIOOutlook

Advertise

with us

  • Technologies
      • Artificial Intelligence
      • Big Data
      • Blockchain
      • Cloud
      • Digital Transformation
      • Internet of Things
      • Low Code No Code
      • MarTech
      • Mobile Application
      • Security
      • Software Testing
      • Wireless
  • Industries
      • E-Commerce
      • Education
      • Logistics
      • Retail
      • Supply Chain
      • Travel and Hospitality
  • Platforms
      • Microsoft
      • Salesforce
      • SAP
  • Solutions
      • Business Intelligence
      • Cognitive
      • Contact Center
      • CRM
      • Cyber Security
      • Data Center
      • Gamification
      • Procurement
      • Smart City
      • Workflow
  • Home
  • CXO Insights
  • CIO Views
  • Vendors
  • News
  • Conferences
  • Whitepapers
  • Newsletter
  • Awards
Apac
  • Artificial Intelligence

    Big Data

    Blockchain

    Cloud

    Digital Transformation

    Internet of Things

    Low Code No Code

    MarTech

    Mobile Application

    Security

    Software Testing

    Wireless

  • E-Commerce

    Education

    Logistics

    Retail

    Supply Chain

    Travel and Hospitality

  • Microsoft

    Salesforce

    SAP

  • Business Intelligence

    Cognitive

    Contact Center

    CRM

    Cyber Security

    Data Center

    Gamification

    Procurement

    Smart City

    Workflow

Menu
    • Plastic Tech
    • Cyber Security
    • Hotel Management
    • Workflow
    • E-Commerce
    • Business Intelligence
    • MORE
    #

    Apac CIOOutlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIOOutlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    • Home
    Editor's Pick (1 - 4 of 8)
    left
    Forget the Data Center, Endpoint Security is the New Security Hotspot

    Mitch Coopet, Co-Founder & Chief Technology Officer

    Plastics - A Green & Smart Future

    Arturo Valencia, Director of Research & Development, Dura-Line Corporation

    Disruption looms: The rise of the business app ecosystem

    Vaughan Rowsell, Founder and CEO, Vend

    Big data and Analytics - the Revenue boosters

    Sheen Chungath

    A CIO's Guide to Investing in a Data Strategy

    Srikant Gokulnatha,

    2015: The Year of Reckoning for BYOD

    Ojas Rege, VP Strategy, MobileIron

    BYOD Policies: Securing Corporate Data in Today's Mobile World

    Brian Reed, CMO, Good Technology

    Mobile Delights- and Dangers

    Graham Welch, Director-Cisco Security, Cisco

    right

    IT is Indispensable for Business Optimization

    Dhiren Savla, Chief Information Officer, VFS Global

    Tweet
    content-image

    Dhiren Savla, Chief Information Officer, VFS Global

    When we look around, we can clearly see the journey covered by our businesses with IT over the last 3-4 decades. With a constantly changing market, IT has taken up different roles from value driver to enabler to business differentiator in various industries.

    In the early days of technology adaptation, the use of IT was limited to automate standard processes and churn medium to large volumes of data minimizing manual intervention & hence, avoiding potential human error. In the next stage, technology was used to simplify complex processes and compute large & complex data sets which helped in converting data into meaningful information. This information was used for making business critical decisions. In the last few years, the use of technology has changed the way we do business. It actually changed business models, market segments, customer behaviour and what not. Even traditional businesses woke up to embrace IT to remain competitive and at times, even relevant.

    Is IT so indispensable?

    FUNCTIONAL

    Let us try and identify any one function in any organization which touches every single other function. The answer is not very difficult. Finance – with diverse businesses, multiple entities in the ecosystem, complex tax structures, unending demand for real-time data, several variable factors, can we imagine running a finance function without automation.

    Human resources - Hire to Retire, an entire lifecycle with regulations, performance management etc. without automation cannot be visualised by anyone.

    Sales & Marketing – can we manage targets, sales & lead funnels, performances, campaigns, customer relationship, competition info without using IT tools & automation?

    Operations on the shop floor or Supply Chain, even in traditional businesses, for workforce management, inventory & goods, logistics, delivery assurance, quality control cannot be achieved without using technology.

    Security - technology for access management, surveillance & forensics.

    SIZE

    Some cynics may have questions like – we are too small & niche, we can live without technology. Or we are huge & profitable, what more can technology bring to us! The answer for both of them is pretty simple – knowingly or unknowingly we all use technology starting from telephony, video conferences, and Office tools.

    For small businesses, technology enables growth through diversification, reach & efficiency. Today, the world is becoming borderless. Designers in Mumbai would love to access insights and inventory from suppliers in Thailand & China. This is possible using technology which is creating a global marketplace. For the knowledge industry, the internet throws so much of information which was not possible just 20 years back. Even professionals like lawyers & consulting doctors use technology for better solutions & faster reach.

    When we talk about bigger businesses, using technology results in the reduction of waste, costs lowered, reverse auction make pricing of material competitive, the supply chain is improved and new markets become accessible. Increased revenue or reduced cost, both add up to the bottom-line; something all shareholders want.

    INDUSTRIES

    If we scan through some industries –

    Airlines, Hospitality: Distribution, yield management, end to end fulfilment

    Transport & Logistics: Efficiency, Service assurance, global reach

    Entertainment & Media:

    Distribution, reach through alternate medium

    BFSI: Fulfilment, reach, transaction processing, risk management

    Manufacturing: Buy to Sell, Supply chain, Shop floor

    Retail: Marketing, Fulfilment, Customer Service

    BPO & ITeS Online: Buying show tickets to ordering food and groceries to paying bills and organising travel Technology supports it all.

    It is clearly evident that it’s not just our businesses but our lives that are IT enabled.

    From the time we wake up, emails/messengers and social media updates connect us on real-time basis with people thousands of miles apart. Our app on smart phone monitors our health parameters and another app to remind us of our schedule. Gadgets in our kitchen, our smart Car and infotainment devices are taking charge over our regular routine.

    TECHNOLOGY

    Various technologies and tools are touching us all the time, many times without our knowledge. And we are still not talking about wearable devices or internet of things!

    Your loyalty program with the online grocer, the airline of your choice, the hotel next door – is it not CRM? You google for a new car and when you visit Facebook or LinkedIn, you may be prompted with an advertisement featuring a premium car brand or offered a car loan from a leading bank …is this not big data and predictive analysis?

    Your digital footprint is inevitable which makes for great business data used to strategise and innovate supporting a new kind of entrepreneurship and communication. It’s indispensable…! It’s available all around us! Differentiation comes from how a particular business uses it.

    See More: Top Plastic Tech Consulting Companies
    tag

    inventory

    Big Data

    Entertainment

    Workforce Management

    Weekly Brief

    loading
    Top 10 Plastic Tech Solution Companies - 2019
    Top 10 Plastic Tech Consulting/Services Companies 2019
    ON THE DECK

    Plastic Tech 2019

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    Read Also

    Artificial Intelligence - Myths And Truths

    Artificial Intelligence - Myths And Truths

    Geraldo Pereira Junior, Chief Information Officer, Ypê
    Sustainable Future through Innovative Technology Solutions

    Sustainable Future through Innovative Technology Solutions

    Faisal Parvez, Director, BT Business CIO
    The Future Relies on Augmented AI

    The Future Relies on Augmented AI

    Laurent Fresnel, CIO, The Star Entertainment Group
    Digitalization with the use of digital technologies/Improving business through digital technologies

    Digitalization with the use of digital technologies/Improving business through digital technologies

    Wilbertus Darmadi, CIO, Toyota Astra Motor
    How Marco's Pizza Leaned On Technology To Succeed Amid The Pandemic By Quickly Pivoting To Contact-Free Delivery And Curbside Carryout

    How Marco's Pizza Leaned On Technology To Succeed Amid The Pandemic By Quickly Pivoting To Contact-Free Delivery And Curbside Carryout

    Rick Stanbridge, VP & Chief Information Officer, Marco’s Pizza
    Bunnings  Diy Digital Transformation

    Bunnings Diy Digital Transformation

    Leah Balter, Chief Information Officer, Bunnings
    For a Smarter City: Trust the Data, Ignore the Hype

    For a Smarter City: Trust the Data, Ignore the Hype

    Brad Dunkle, Deputy CIO, City of Charlotte
    Smart Community Innovation for the Post Pandemic

    Smart Community Innovation for the Post Pandemic

    Harry Meier, Deputy Cio for Innovation, Department of Innovation and Technology, City of Mesa
    Loading...
    Copyright © 2025 APAC CIOOutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy and Anti Spam Policy 

    Home |  CXO Insights |   Whitepapers |   Subscribe |   Conferences |   Sitemaps |   About us |   Advertise with us |   Editorial Policy |   Feedback Policy |  

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://plastic-tech.apacciooutlook.com/ciospeaks/it-is-indispensable-for-business-optimization-nwid-234.html?utm_source=google&utm_campaign=apacciooutlook_topslider