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Focus
CXO Summit focuses on Lean Usage of technology for SMEs
Nov 2009
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It is time for achieving a lean, efficient, and effective model of IT governance and management through technology shift for the meaningful growth of Indian enterprises. This was the gist of BFSI Technologies CXO summit organized by naseba in Mumbai recently. The summit attracted various hard core professionals and experts from enterprises representing a cross section of sectors.
SME WORLD was the Media Partner in the summit.
The two-day event, organized by naseba, a leading business information company, brought together over 125 key IT decision makers, including CIOs, from India's leading companies in a knowledge sharing, business networking, and business expansion environment that focused on reducing costs and improving efficiencies with better business-IT alignment.
The Summit included keynote addresses by prominent IT decision makers and educational workshops by Cognizant, Informatica, and Trend Micro. Interactive panel discussions at the Summit focused on desktop virtualization, essential steps to combat identity management, emerging role of IT in a changing economic environment, and managing tech-savvy human capital.
The BFSI Technologies CXO Summit highlighted the latest trends and confronted challenges facing the industry including data warehousing and business intelligence (DW&BI), risk manage-ment, data protection, data integration, innovation in insurance, reducing IT costs, strategic outsourcing of IT operations, data center management and application consolidation, real-time enterprise risk reporting, regulatory compliance, master data management (MDM), IT governance, desktop virtualization, business performance management, business continuity planning, and more.
“This is a good initiative, which gives a common platform for the user and technology providers to come together and push the envelope further," said Vishal Khare, National Sales Head, Citrix Systems India Pvt. Ltd.
Radhakrishnan Rajagopalan, Global Delivery Head, DWBI & Performance Management, Cognizant Technology Solutions, spoke on 'Developing end-to-end capability in BI' and stressed on building a BI environment for the end user by infusing behavioral aspects in the BI with personalized BI content, seamless information sharing, integrated metadata services, and business continuity through independent centralized web-based report access applications.
Sandeep Phanasgaonkar, President & Chief Technology Officer, Reliance Capital Ltd., stressed the Importance of having an information centric approach to data protection to help organizations store information efficiently, protect data from loss or misuse, optimize IT operations, and leverage information for new business value.
In his keynote address on 'Developing synergies between technology and banking system,' Arun Das, VP & Business Head for BFSI Vertical in Enterprise Services, Bharti Airtel emphasized on the importance of transforming technology for the banking industry through service-oriented, scalable and cost-effective solutions that provide convergence for diverse services.
Sriram Naganathan, CTOO, Reliance General Insurance spoke on 'Managing IT budgets in a changing economic scenario' by emphazing CIOs shifting priorities to BI, enterprise applications, and storage technologies. He suggested a joint approach to business and IT by optimizing sourcing and production, improving decision making and performance management processes, sharpening awareness of risk exposure, and improving operating leverage by taking an end-to-end look at business processes instead of traditional IT cost cutting measures.
In the keynote session on 'Smarter analytics,' Prashant Tewari, Country Manager - Enterprise Sales, Sybase India highlighted the power of advanced analytics to improve revenue potential and plug revenue leaks in retail banking; improve quality of accounts and reduce payouts in insurance. He also showcased the capabilities of Sybase RAP for real-time trade analytics for capital markets.
1 Comments >>
Laquisha
05 Aug 2011 (21:38:31)
This airclte went ahead and made my day.
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