I think this is, this is a fantastic time to be a CIO. As as we can see that technology is becoming truly limitless, right? And I think many years ago, our organizations were spending a lot of time gathering data and very little time analyzing the data.
But then the digital transformation era came in, and it slipped in, so we spent little time trying to gather data and a whole lot of time analyzing data. But that’s not enough.
In today’s AI age, we are now starting to see that that time is becoming extremely a very important resource. And I think organizations want to make decisions, and they want to make they want to move faster.
So we’re now trying to look at the organization, and we are now saying that we need to shorten the time to analyze through the help of AI, and we need to be more working towards making decisions for the organization, so that we can get a number of these use cases to operationalize and decision making is extremely important for us.
So the AI era is all about shortening the time to analyze and increasing the time to make decisions right. And so now this is truly getting into that space, and how do we do it right? We can’t do it with the workforce that we’ve had.
We can’t go as fast, and velocities are extremely important. Yeah, and this is the time we need to start looking at our ecosystem and say, our vendor partners. What do you do? There are 30,000 startups in the world. Can we partner with some of them?
Can we co develop can we share IPs? They can build a revenue stream while we take our products faster to the market. Can we partner with our customers? They have the same problems that we do? Maybe we can partner and build a solution together.
We can also partner with non competing peers, and say, you we have the same issues. Let’s go together. Let’s bring our workforce together. Let’s divide our work and let’s get stuff done.
Yeah, I think these are the this is a time where unconventional ways are going to come into the are going to be the that’s the name of the game, in my opinion.
And how do we make our our organizations more effective is how unconventional and how innovative that we do. This is a great time for transformational CIOs and not so good time for operational CIOs. Yeah, yeah.