Digital Transformation: A combination of business and IT

Puneet Kaur Kohli, CTO- Universal Sompo General Insurance
 

Cloud first and mobile first will be the first prerogative for an organization, especially to lead the digital organization specially to lead the digital transformation, because if one has to be competitive in the market, the go to market strategy has to be good and also the product lines that business wants today, so it is a co-creation model, where it is not only about the technology which plays a big role, it is like vice versa. It is a combination of business and IT collaboratively delivering a product and it has to be within 72 hours or three to four working days a product has to be live, then cloud is becoming a technology where you can on your basis can scale up scale or down campaigns, any type of workloads, whatever be the size in and times out in and scale out it is all because of cloud technologies. So adaptation to cloud is something which is the need of the hour. Apart from that digital transformation especially with regard to financial services I can see that the myth that people had like digital transformation that cloud is somewhere not secured. Yes, anything which is in the jurisdiction of home country localization the customer data is privately put on the cloud, it is only that when we sign with the cloud providers we cannot be blind towards it. We should know what kind of agreement that we are signing, so it is like a trust factor which works on the cloud providers, but when we enter into an agreement with them what kind of data which we are hosting on the cloud that one should be very clear that localization or that hosting a CTO or an IT technology head has to be very well versed.