Vice Pres­i­dent & Group CIO, Elec­tros­teel

Dataquest - - CONTENTS -

oing Dig­i­tal - what does it mean to you and your or­ga­ni­za­tion?

The dig­i­tal world is no more vir­tual. It’s vir­tu­ally phys­i­cal. There­fore, for en­ter­prises go­ing dig­i­tal is no more a eu­pho­ria but a ne­ces­sity. The way of do­ing busi­ness is stiffly wit­ness­ing a par­a­digm shift. Tra­di­tional base­line busi­ness pro­cesses rang­ing pro­cure to pay and or­der to cash are al­ready on the dig­i­tal plat­form for decades to­gether. Get­ting them con­nected with cus­tomers and ven­dors through un­con­ven­tional dig­i­tal plat­form / so­cial me­dia is a call of the day.

Now busi­nesses are fact driven rather than tra­di­tional opin­ion driven. The facts are now chang­ing forms. It’s no more post fact which drives the de­ci­sion. It’s pre-fact. It’s the fact which gives fu­tur­is­tic feed­back to busi­ness so that de­ci­sions are taken ac­cu­rately at the right time to gen­er­ate more suc­cess prob­a­bil­ity. It plays a piv­otal role to set short to long-term goals for the busi­ness. At Elec­tros­teel, we have in­ter­nal­ized the pulse and em­barked fully into dig­i­tal trans­for­ma­tion jour­ney across the or­ga­ni­za­tion.

What is your Dig­i­tal Trans­for­ma­tion plan, strat­egy and the de­liv­er­ables you ex­pect or are al­ready com­ing in?

At Elec­tros­teel group we are al­ready up with mul­ti­ple ini­tia­tives to make or­ga­ni­za­tion dig­i­tally trans­formed in a true sense un­der cur­rent con­text. Started mov­ing to cloud with ba­sic ERP ap­pli­ca­tion (SAP) from an on-premise data cen­ter. Em­braced cou­ple of cloud-based busi­ness ap­pli­ca­tions in ser­vice mode (OPEX) di­rectly im­pact­ing pos­i­tively to rev­enue crit­i­cal op­er­a­tions. All busi­ness units un­der Elec­tros­teel um­brella have gone big bang into dig­i­tal mar­ket­ing to im­prove vis­i­bil­ity in the dig­i­tal space. Strate­gi­cally it has been taken up to aug­ment im­proved brand­ing. Cre­ated ex­clu­sive cap­tive an­a­lyt­ics team to con­tin­u­ously ex­plore in­for­ma­tion com­piled from un­struc­tured and dis­parate data sources. Mo­bil­ity is an­other fo­cus area now. Projects have been taken up to make al­most all en­ter­prise-wide busi­ness ap­pli­ca­tion mo­bile com­pat­i­ble. A cou­ple of in­te­gra­tion projects have been taken up cap­tur­ing in plant field op­er­a­tion data bridged with ERP sys­tem. Ar­ti­fi­cial In­tel­li­gence (AI) prac­tice is also started in spe­cific ar­eas to have mean­ing­ful pre­dic­tive feed­back to strate­gic busi­ness de­ci­sion mak­ing.


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