Volatility is most often a bad sign for CIOs since it's frequently associated with economic disruptions. Wild swings in business revenues create anxiety and concern for the future. Business when impacted by a highly contagious, and selectively lethal, viral pandemic, the concerns grow exponentially. That's the scenario we see unfolding around the world and in India - and we have no historical precedent for using as a guide for how these events will play out.
Going virtual, Going online and Going digital was the only solution in these uncertain times for organizations. With the use of remote working, new engagement technologies companies overcome the work from home challenges. It's easy to say that a calm and long-term approach to technology buying & adoption is the best one - but it's not always easy to take that approach. The survey covered 235 large and medium Indian enterprises unveiling a series of trends, starting with work from home (WFH) and remote working becoming the new normal to a variety of new digital and security initiatives or organizations will undertake in the post-COVID 19 scenarios. We have also extensively surveyed the organizations for specific technologies they are looking to adopt to optimize costs while increasing productivity. Remote working comes with a host of its security and monitoring challenges apart from how CIOs will have to deal with new ways of making the most of existing and emerging technologies.
In many business cases, the technology budgets are shrinking, but there are ICT in investments planned in certain areas. CIO Outlook Business Impact Pulse Report for the year 2020 in the backdrop of the pandemic offers comprehensive insights on enterprise technology.
Anoop Mathur
Founder & President