VS PARTHASARATHY, Group CIO & Group CFO, Mahindra & Mahindra, gives a perspective of how traditional businesses are getting disrupted by the digital phenomenon
The agility of technologyhas made itsapplication spiral beyond all bounds and its seismic spread is evident and felt in every sector. VS Parthasarathy, Group CIO and Group CFO, Mahindra & Mahindra gives a perceptive of how traditional businesses are getting disrupted by just one spark of the digital.
Drawing a comparison, he shows a picture of a street in New York in the year 1900, where only one car could be seen among several horsedrawn carts; and then he swiftly changes the image to the one where there was only one horse-drawn cart among many motor cars in the year1913. “This is what happens when technology takes route. In 13 years, the tsunami of technology has changed the face of the street,” he stated.
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