Author - unwiredcp

Are you ready for Data Driven future post Covid 19 era?

In today’s world organizations have choices of Public, Private, Multi and hybrid environment to manage their data. On one side it gives lot of opportunities to businesses to become more agile, flexible and responsive however on the other side it opens lot of challenges on the complex data management front as the traditional tools are not anymore in the play.

An integrated Data Management solution needs an agile, fast and reliable data backup and protection suite. The traditional  solutions are no more pertinent to current needs due to various reasons such as lack of automation that slows response times, an inability to scale cost-effectively, a lack of support for today’s modern cloud environments, or an inability to meet governance regulations like GDPR, yesterday’s solutions are not addressing today’s backup needs.

Data Backup and protection expectations continue to expand with the exponential growth of data and managed applications. Along with this, end-user expectations for recovery & protection are only increasing while cloud-first initiatives must be supported and adhere to complex governance and compliance laws.

Despite various challenges and expectations, an integrated should be able to help organizations mitigate these risks. Businesses need to conduct backup, recovery, and archiving activities, enable operational reporting, and perform hardware snapshot management, all in one complete solution.

Join The Economic Times Virtual Global Enterprise Technology Forum powered by Redington in association with NetApp & Commvault to experience a unique Data Management and protection solution to address the arising challenges and understand the following –

• Recovery readiness: What is your response when the business asks how ready you are to recover in the face of a disaster?
• Data Governance: How do you adhere to complex data privacy and protection laws?
• Time to Value: How fast can you respond to changes demanded by your business?
• Management Complexity: How do you properly manage remote, physical, cloud, and virtual environments?
• Optimizing Costs: How can you successfully optimize your current and future infrastructure use?

With the outbreak of Covid -19, we are wading through one of the toughest times in human history. Covid-19 is the worst pandemic the entire world’s economies have ever seen. Amid the coronavirus pandemic, several countries across the world resorted to lockdowns to “flatten the curve” of the infection.

Businesses were shut, ceasing almost all economic activity. According to the International Monetary Fund (IMF), the global economy is expected to shrink by over three per cent in 2020 – the steepest slowdown since the Great Depression of the 1930s.

All the industries worldwide are affected. The path ahead looks difficult. The analysis of the losses and implementations to recover would require expertise and difficult decisions.

During these unprecedented times, analytics acts as a major boon for enterprises. Using advanced analytics multiple choices can be provided to increase the profits. Organizations can choose the option they want and then use analytics to optimize their workforce and work. The investment in analytics will help organizations speed up their recovery graph.

Join The Economic Times Live Session, Restructure, Rebounce Leveraging Advanced Analytics, powered by Cresco International, an IBM Business Partner, to discover how to expedite the recovery process and open the doors to profitability faster with implementation of analytics.

Key Takeaways :

• Leveraging analytics for faster recovery
• Where analytics can be used in various industries?
• IBM products for analytics

Did you know that, on an average, an employee spends between 20-30% of their time searching for answers in business documents?

Traditional enterprise search and search engines don’t provide employees and customers with exact answers. They can’t understand the nuances of phrases and acronyms of your industry and accurately search through your complex documents in a timely manner.

Every day another 2.5 quintillion byte of data is created, and as that data continues to expand, many businesses need a solution that can help both employees and customers find information, make decisions, and complete tasks faster.

With a cognitive search solution like IBM Watson Discovery, businesses can enhance human intelligence using varied AI technologies such as natural language understanding (NLU), machine learning (ML), and deep learning (DL) to deliver the ability to sort through ubiquitous data to find specific information.

Watson Discovery breaks open data silos and retrieves specific answers to your questions while analyzing trends and relationships buried in enterprise data. Unlike competitors, it can be deployed on any cloud or on-premises environment.

Join this ET Unwired on “Unlock the Untapped with IBM Watson Discovery” powered by IBM to explore how you can

• Find actionable insights from your unstructured data, faster
• Build a system that integrates with conversational AI to find answers to your questions
• Add a cognitive search and content analytics engine to your applications
• Teach the language of your domain/company to the AI solution

Retail sector is changing every second, with e-commerce platforms and new entrants in the markets with the worry how do the retailers stay relevant in front of consumers? The biggest challenge here is to meet the customer expectations.

With the emergence of exponential technologies such as Robotic Process Automation (RPA), Artificial Intelligence and Analytics, the sector is witnessing a paradigm shift affecting business processes today. These technologies are creating the Future Store that exceeds customer expectations and making processes agile, accurate and compliant. On a closer look, we found many areas for intelligent automation in Order Management, Payments, Transportation, Warehousing & Inventory, Supplier Management, Risk Management, Procurement, Data Monitoring, Reverse logistics, Claims, Scorecards and Store Operations and other such processes. Moreover, IA significantly increases operational efficiency and cost savings. Warehouse & Inventory management systems and store management systems can be made touchless with intelligent automation to make them more efficient. Some of the applications include:

• Business and Sales analytics
• Cash & Credit reconciliation
• Stock replenishments
• Claims & refunds – with AI
• Store planning inventory and operations management
• Work order management

With the theme “REIMAGINING RETAIL: HOW BRANDS CAN USE AUTOMATION TO FUEL FINANCIAL GROWTH” the virtual webinar will initiate thought provoking discussions and advocate for technology innovation and practices for business growth in retail sector. Through the webinar we intend to understand that automation technologies will surely improve the practices in different industries. It is powered by Automation Anywhere and Brought to You by The Economic Times – EDGE.

Discussion Points :

1. How retailers are growing their financial services capabilities
2. Financial Disruption with Automation – Potential benefits and value added
3. Finance automation and Retail Business
4. RPA to Empower Workforce and Deliver a Better Customer Experience
5. RPA: The Next Step in Retail Automation

Girdhar Chitlangia
CFO
MoreRetail

Nandakumar Tirumalai
Vice President Finance
Titan Company Ltd

Ranjan Sharma
CIO & Head- Supply Chain Management
Bestseller

Saurabh Kishore
CIO
Tata Cliq

Sumeet Pathak
Digital Workforce Evangelist-IMEA
Automation Anywhere

Tanmay Kumar
CFO
Spencer’s Retail & Nature’s Basket

The entire world is gripped by the Covid-19 pandemic, the global supply chain is experiencing a level of disruption that has never been seen before. Some manufacturing companies have halted their production completely, while some have seen greatly reduced demand and others have seen a massive increase in demand. The global crisis has affected every manufacturer in some way or the other. From being one of the potential growing, automation – widely regarded as optimistic & future thinking sector to coming to a point of cessation, due to the increasing number of cases.

Recent developments in factory optimization have forced the need to adapt machinery and other processes to make manufacturing more effective. Industrial Automation sector is opening many opportunities for technology companies that are innovative and can cater to automotive or agricultural companies. Demand is further expected to increase in the coming years as companies need more Automation to remain competitive. Moreover, Industrial Automation is becoming an important part of companies producing in India that apply the latest technologies.

Besides, India is moving towards Industry 4.0. Hence, the Industrial Internet of Things (IIoT) will emerge as a game-changer for the manufacturing Industry. India provides a great pool of skilled workforce for the Industrial Automation sector. This industry has a great present and future prospect. Companies interested in entering India will find good business opportunities in this sector.

We will be discussing on automation for manufacturing and how we can implement them in our plants and workstations. Various applications and creating a sound environment for a manufacturing plant to run at less capacity but increasing its productivity.

Statistics:

• The global Industrial Automation Market size was valued at USD 157.04 Billion in 2018. It is expected to reach USD 296.70 Billion by 2026.
• The Indian Industrial Automation Market size was valued at USD 5 Billion in 2018. It is further expected to grow at a CAGR of 12% by 2023.

Webinar Topic: Automation is future for manufacturing

Talk points:

• Automating industry – post COVID19 crisis scenario
• New advancements in automation and implementation
• Applications for automation in manufacturing industry
• Robotics & factory of the future

By now, it’s immensely clear that our era will be defined by a fundamental schism: the period before Covid-19 and the new normal that will emerge in the post-viral era: the “next normal.”

In this unprecedented new reality, we will witness a dramatic restructuring of the economic and social order in which business and society have traditionally operated.

We will see the beginning of discussion and debate about what the next normal could entail and how sharply its contours will diverge from those that previously shaped out lives.

Whether finance, manufacturing, logistics, the Covid-19 pandemic has compelled every line of business to undergo a change.

Remote working and work from home has become the new normal. Post-Covid, the prowess of technology is more palpable, however, there are some challenges  in terms of modernizing LOB applications to meet today’s IT and the changing business needs.

Join The Economic Times Panel discussion in association with Microsoft, SAP, EY and eminent business, finance and technology leaders.. The panel will discuss how to leverage the right technology to enable faster development, higher productivity, reduced costs and more secure applications throughout organisations.

This Panel Discussion would broadly cover

• Current market situation and the impact of COVID on businesses
• How particular Lines of Businesses have been impacted by the many fallouts of the pandemic including remote working with work from home becoming the new normal
• How technology can be used to overcome some of these challenges and real world examples of how this is already happening in fast growth organisations
• How advanced technology solutions of SAP and MS together with the experience and insights by EY can enable the new normal with digitally native workloads hosted in cloud
• Jumpstarting your business growth engine and building adaptable resilient businesses with the help of transformative technologies

T&C apply

• You should be pre-registered online for the webinar
• You must attend the full webinar
• You must reply to all poll questions/feedback, if any.
• Follow ET-edge social media page when you received thank you mail.
• The gift will be sent to your office address within 30 days after the last webinar of the series

In today’s era, AI is playing a fundamentally transformational role across every business and further each function within a business. From Employee Empowerment to Optimization of Business Operations, AI is taking centre-stage and defining entirely new ways of doing business.

According to MIT Technology Review, about 81% organizations believe AI will have a positive impact on their industry in the future and important Industries like Manufacturing & Logistics are at the forefront of driving this positive impact. As these industries shift to the new normal of Connected World, they are increasingly leaning on ensuring smarter business processes including automation of supply chains, intelligent forecasting, creating digital feedback loop for product innovation and largely AI-infusion across business processes making the whole operational chain intelligent and connected.

Join us for an interesting session by ET Unwired to unlock the Power of AI for Intelligent Operations for your organization, powered by Microsoft & DXC Technology. We will be doing a deep dive into specifically discrete digital manufacturing operations like material inflow, production, supply chain etc. and explore how customer experience can be completely transformed leveraging AI-led connected operations.

Key Takeaways:

• Intelligent Manufacturing operations process
• Automating logistics using AI
• Managing Virtual Operations using Digital Twin
• Improving Shopfloor/ Assembly-line Productivity