Every year, CIOs look at the trends that dominated the industry and take decisions on how the next year would look like. At a panel discussion at the CIO Year Ahead 2017, these CIOs talk about how innovation is not an easy task, but an unavoidable one as well.
"Innovation is no longer about minor tweaks and now IT leaders need to actually rock the boat to make a difference. The innovation team has to be a part and parcel of business who are aware of what they want. Additionally, we need an agile and very technology prone environment akin to a startup," said Avinash Velhal, Group CIO, IMEA, Atos India.
"Innovation doesn’t happen overnight and has a lot to do with the culture, average age of employees and freedom to innovate in the organization. A CIO is one of the business leaders in the organization now, and we need to shed the IT-only attitude and jump right into the business part. If the IT core is in place, it will not be hard to plug in the niche technologies as and when they come," said Veneeth Purushotaman, CIO, Fortis Healthcare.
"In the CIO space, if we don’t look at the innovation part, then we are falling behind. From how to secure your environments, we have moved to how to innovate while keeping our environment secure," said Nataraj N, SVP & Global Head of IMS Business, KPIT Technologies.
"Innovation is not the prerogative of just the IT team anymore and the entire business needs to innovate keeping security, compliance and data integrity in mind. With both core and innovative technologies ruling the industry side by side, the logical path would be to split the organization into a governance part and an innovation part," said Balakrishnan V, SVP & Head IT-Enterprise, Reliance Jio Infocomm.
"Innovation is essentially a business area and the role of IT is minor in comparison, at least at the enabling level. Areas like customer satisfaction and turnaround time reduction is where IT can take a backseat. The bigger challenge in innovation is not the availability of proper technologies, but their proper implementation," said Raveendran Nagarajan,GM-IT, Sakthi Finance.