How do you prioritize technology investments at iTc limited to ensure alignment with business objectives and maximize Roi, particularly in the manufacturing sector?
Let me take a step back before I answer your question about investments.
At ITC, our ITC Next strategy seeks to architect the next horizon of competitiveness, growth and profitability in the face of global uncertainties. It aims to transform ITC into a Future Tech, Consumer Centric, Climate Positive and Inclusive enterprise. The strategy has six foundational pillars one of them being Digital. For each business of ITC, digital is helping unlock value across our value chain. For e.g.: For our consumer facing businesses digital helps us drive Superior Insight, Agile Innovation, Hyperpersonalization and Marketing ROI. At the same time for our manufacturing operational digital helps drive Energy optimisation, Quality Improvement, Yield Improvement, and Operational efficiency.
Going back to your question on investments, at ITC the use case helps define the technology and how the ROI is measured. For each digital project establishing a clear understanding of the end-outcome is critical. I can broadly classify the projects into three categories: Efficiency / Productivity improvement projects, Growth / Revenue enhancing projects, and projects that create a Societal impact.
In a manufacturing context we deploy multiple Industry 4.0 technologies to help drive the outcome I have mentioned earlier.
Could you elaborate on your strategies for breaking down silos within the organization to foster collaboration and innovation across different departments, especially in the context of digital transformation initiatives?
Diese Geschichte stammt aus der May 2024-Ausgabe von DataQuest.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der May 2024-Ausgabe von DataQuest.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Universities need to invest in AI infrastructure
Suchismita Sahu, Senior Data Scientist at Nvidia, has navigated the competitive world of AI, building expertise in deep learning, speech and image processing, and large-scale Machine Learning applications. In this interview, she shares the essential skills for AI professionals, and how fresh graduates can position themselves for success in a dynamic, tech-driven world.
A look at the evolving role of data engineers in the GenAl era
In this exclusive interview, Vamsi Kiran Badugu, Partner and Head of Engineering & Product at MathCo, shares his insights on the evolving role of data engineers, the key skills needed to thrive in the age of AI, and how India can cultivate a robust AI talent pipeline through strategic educational reforms.
An educational model for the modern IT world
Real-world experience is crucial for career readiness. Dr. Yajulu Medury, Vice Chancellor of Mahindra University, highlights the institution's strong industry partnerships and how they benefit students.
STRENGTHENING ENGINEERING EDUCATION: The Need for Industry Integration, Technological Advancement, Research Excellence, and Global Collaboration
The DQ-CMR Best T-School Survey 2025 marks the 20th edition of this esteemed benchmarking study, serving as a trusted guide for students, educators, policymakers, and recruiters alike. The Dataquest T-School Survey stands as an industry-recognized yardstick for technical education, delving deep into how T-Schools foster essential skills for the technology sector and beyond, casting light upon their contributions to the sector and its ecosystem.
Is Your Reputation Al-Proof?
Corporate leaders must proactively protect their organization's reputation from various GenAI threats
When a transistor becomes a transformer
With limited resources and opportunities, he could amplify India’s potential and computing mettle through every organisation he went to – whether it was a government-scion or an emerging IT powerhouse or a startup or India’s own Silicon Valley think-tank or a non-profit venture. He continues to transform ideas, people and is always manifesting what they are capable of. He continues to achieve and make a mark. Dr. Sridhar Mitta in conversation with Dataquest editor Sunil Rajguru. Edited excerpts from a video interview…
Chip Design to Quantum Computing: The path to a tech-ready India
NIT Rourkela is driving India's semiconductor ambitions with a comprehensive approach to education, research, and industry collaboration. By integrating chip design, AI-powered Electronic Design Automation (EDA), and quantum computing into its curriculum, the institute is preparing students to take on key roles in semiconductor R&D and fabrication. An interview with Prof. Debiprasad Priyabrata Acharya, Professor, Electronics and Communication Engineering.
Your degree is in the past, and AI is in the future
India produces over a million engineers annually, yet many struggle to meet industry expectations. Employers often lament the gap between academic learning and realworld requirements, especially with AI and automation transforming job roles.
Good teaching is necessary for good research and vice-versa
Indian academic corridors are standing between two atriums. On the one hand, some struggle with concerns on integrity in academic research (Whether in publications or corporate projects). On the other hand, some are driving front-runner work in drug-discovery, cancer imaging, clinical research, road safety and environmental impact. Let’s find out where India is heading as we enter the Sophomore level in AI.
Drones not just tools but enablers of progress
Agnishwar Jayaprakash, the founder and CEO of Garuda Aerospace, one of India's leading drone companies, explains how by integrating drones across multiple sectors, India can achieve greater efficiency, sustainability, and resilience.
