Posted by: Anand Sankaran | September 13, 2013
You land at an airport in a foreign city and realize that you have forgotten to carry currency, both in cash and traveler card! This can be quiet a sticky situation to be caught in. Well not really. Today all you need to do is walk to the nearest ATM and transfer money with voice assistance at the point of service.
Posted by: Anand Sankaran | September 11, 2013
Talk to any business executive today and he would cite differentiating effectively in the market as one of his highest business priorities. It seems counter-intuitive, but standardization of processes, technology and even people can be a winning strategy for companies in this day.
Posted by: Anand Sankaran | April 16, 2013
Imagine…..a banking service with no branches or ATMs, yet with 17 million accounts, processing more transactions domestically than Western Union does globally. This dramatically changes both the global mobile-money market and daily Kenyan life, empowering women, facilitating micro-finance, and spurring economic development - and oh yes, making profits too!
Posted by: Anand Sankaran | March 31, 2013
Going green is going mainstream. What was once a fad, the territory of tree-hugging hippies, is now mandatory across most manufacturing industries. A recent global survey by the Boston Consulting Group showed that 92 percent of the companies surveyed are engaged in green initiatives, reflecting this transformation in businesses' approach to sustainability.
Posted by: Anand Sankaran | February 21, 2013
I recently returned from the World Economic Forum in Davos. The event resonated with discussions and ideas on building resilience across the globe. For one, the increasing interconnectedness that we have built over the years has ensured that no part of the world is left untouched by problems arising in one part. And as the global economy stands at the brink of another critical change with recent data pointing to a slow rebound in the US, still the world's biggest economy, and the pace of growth of India slowing, I have been mulling over the impact this will have for all of us.
Posted by: Anand Sankaran | January 28, 2013
The month of January is named after the Roman God Janus, who is usually depicted with having two heads that face in opposite directions — one looking back on the year gone by, and the other looking forward to the new one ahead. And this seems to me to be in the very spot that today's CIO is, between the old role of an IT service provider and the new role of a business integrator. At one end of the spectrum, the CIO is perceived as a manager of the IT cost center; at the other end of spectrum, he is perceived as a business-savvy leader at the enterprise level.
Posted by: Anand Sankaran | January 07, 2013
Happy New Year! As we ring out the old and ring in the new, I would like to share with you my thoughts on change - in cities, in histories and in roles as well. Recently I was at Istanbul for Wipro Leading Edge - our annual colloquium. As I was enjoying the sights with my CIO friends and customers, I was struck by the dichotomy that this city presents at every turn: contemporary new buildings cheek-by-jowl with ancient mosques and minarets, its twin religious heritages in Christianity and Islam, and so on. It suddenly occurred to me that Istanbul is a perfect metaphor for the role of today's CIO, poised as it is between its long and glorious history and a dynamic modern world. This is not unlike the role of today's CIO, who is being asked to tread a fine line between his/her old operational role as the manager of the IT cost center, and his/her new role as a business strategist, who is expected to be a leader at the enterprise level.
Posted by: Anand Sankaran | December 14, 2012
Despite leaving early for a recent business trip, I ended up stuck in a huge traffic jam stretching for miles, before the Bangalore airport. The sight of the cars crawling along at snail's pace was frustrating. Adding to the woes was the anticipation of long and tiring queues for security check at the airport. I glanced at the paper and a bold headline caught my attention - "India faces the worst blackout affecting over 600 million." I was left ruing the irony that is India. It made me realize that although the great India Shining story has been characterized by rapid urbanization, higher disposable incomes and improved standards of living, there are three major risks that continue to plague the Indian cities - namely Security risks, Energy risks and Demographic risks. These risks paint a grim picture. Let me share some statistics that allude to the gravity of these risks:
Posted by: Anand Sankaran | October 16, 2012
Variabilization of IT enables firms to move from a fixed technology cost model to a variable cost model, for greater business agility and competitiveness. Variabilized technology uses tenets like scale, standardization and simplification to drive efficiency, optimize delivery and lower unit costs, giving firms the competitive edge in global markets. It allows firms to use computing infrastructure on a pay-as-you-go basis, very similar to the way we buy electricity, gas and water.