Constant innovation and change management – the success mantra for digital transformation

New Delhi: Aligned with the Digital India Mission, Confederation of Indian Industry – Centre for Digital Transformation (CII – CDT) organised its flagship programme, the Digital Transformation (DX) Summit & Awards at New Delhi.

The CII Centre for Digital Transformation partnered by Tata Communications and DELL Technologies plays a pioneering role in introducing concepts and establishing digital transformation systems. It is also a platform to bridge technology providers and technology users efficiently and create trust for better handholding in this process.

Mr Ajay Prakash Sawhney, Secretary, Meity, in his address mentioned that “India has a great future and potential to explore and increase the usage of technology in building a Digital India. He said that the maximum potential for the growth through digital technology is now from the user industry rather than the technology companies. He appreciated CII’s initiative of creating the Centre for Digital Transformation at the right time to help Industries become globally competitive through Digital Transformation. He assured MEITY’s support to CII-CDT in handholding the MSMEs and corporates in their DX journey.

He was pleased to see the participation of companies in the Best Practices in Digital Transformation. 17 companies received the DX Trophy for Best Practices in Digital Transformation ( Most Innovative & Innovative category ) from Mr Sawhney . The companies recognised for the DX Awards were Amrit Cement Limited, Apollo Hospitals Enterprise Ltd, Tata SIA Singapore Airlines, ASK Asset and Wealth Management Ltd, CEAT Ltd, Danfoss Industries Global Ltd, Data Ingenious Global Ltd, Dell International Services Pvt Ltd, Karur Vysya Bank Ltd, Kotak Mahindra Bank Ltd, Larsen & Toubro Ltd, Rolls Royce India Pvt. Ltd, Tata Communications Ltd, Tata Motors Ltd, The Federal Bank Ltd, UST Global and Willis Towers Watson India Insurance Brokers Pvt Ltd

The Summit witnessed the launch of DXcel – the Digital Transformation Excellence Model of the CII – CDT. DXcel is a unique tool, which will allow a broader participation and evaluation of companies to reveal where they are in their digital transformation journey. DXcel was launched by Mr Kris Gopalakrishnan, Past President, CII & Co- founder, Infosys & Chairman, Axilor Ventures.

Mr Gopalakrishnan in his address said that the “World economy will triple from the current $80 Trillion to $240 Trillion in 30 years. India will quadruple its wealth by 2035. Every industry will transform and digital transformation would play a major role in the same”. He said that all organisations must become entrepreneurial, change the mindset and transform. He also urged that the Indian IT industry is world class because of its governance systems and urged Government’s support for the IT industry through enabling regulations, investment in education, R&D, labs and testing.

Ms Debjani Ghosh, President, NASSCOM in her address said that Digital Transformation is happening at a very fast pace and the Numbers that define digital India are mind-boggling. India today consumes more data per user than any other country. Aadhar and UPI reached billion users in 5 and 3 years respectively. Ms Ghosh citied several examples where technology had improved the lives of people.

Lt Gen Rajesh Pant, National Cyber Security Co-ordinator, PMO in his address at the Though Leadership Session, said that Cyber Security is becoming even more important as attack surface is growing exponentially and threat spectrum is becoming more diverse, diffused and complex. Attribution is becoming ever more difficult. Humans continue to be the weakest link. He further said that, no nation can fight cybercriminals alone as they always exploit gaps in the existing systems and architecture.

Another highlight of the Summit was the Digital Transformation Signature Campaign where Industry led by Mr Kris Gopalakrishnan, Past President CII, signed the 7 commandments for taking forward the DX movement.

Mr Rudramuni B, Co – Chair, CDT, VP & India R & D Head, Dell Technologies, said, “Digital transformation is no longer an option, it is rather the pace of the journey that matters. I believe it is the right time for Indian enterprises to ride on the digital wave and DXcel is an excellent vehicle to support them on this digital transformation journey. We aim to support MSMEs with this platform to overcome the challenges and ensure a sustainable digital growth.”

Mr Vijay Thadani Co- Chair, CDT, Vice Chairman & MD, NIIT Limited, said, “Development of MSME sector is one of the major focus areas of CII. Digital transformation was identified as a key priority for the growth of MSMEs”.

The DX Summit discussed the need for creating a top to bottom digital culture, forthcoming business challenges, the importance of upskilling for building sustainable businesses of tomorrow and much more.

As an outcome, CII and Tata Communications Centre for Digital Transformation will play a pivotal role in catalysing digital transformation.