BALANCING INNOVATION, COST, AND SECURITY: INSIGHTS FROM INDUSTRY LEADERS

Enterprises must drive innovation with agility while maintaining disciplined cost structures, ensuring that transformation does not come at the expense of financial resilience.

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Enterprises operate in an environment of relentless change and business leaders are under constant pressure to innovate, adopt new technologies, and deliver superior customer experiences.

Yet they must do so while managing costs, complying with regulations, and safeguarding operations against growing cyber risks. Striking the right balance between these competing priorities has become one of the defining challenges of digital transformation.

These challenges were the focus of a recent industry discussion moderated by Saumil Shah, Partner - Operations Transformation at Grant Thornton Bharat, where an eminent panel of IT and business leaders came together to share their perspectives. The discussion featured Anil Kumar Sharma, Group Head - Systems at Sabardairy (Amul Group); Dipen Chauhan, Senior Vice President (IT & ERP) at Gujarat Gas Limited; Juned Kasmani, Associate Director - Sales at Shivaami; Gaurav Vyas, Head IT at Stovec Industries Limited (SPG Prints); and Dr. Mukund KS, AVP & Group Head IT at Eris Lifesciences Ltd.

JUNED KASMANI ASSOCIATE DIRECTOR SALES AT SHIVAAMI

"WHILE OPEN SYSTEMS ALLOW YOU TO BUILD AI FOR SPECIFIC PURPOSES, THE BROADER AND MORE SUSTAINABLE APPROACH IS TO ADOPT AI-AS-A-SERVICE. WITH TECHNOLOGY EVOLVING RAPIDLY AND INNOVATIONS LIKE BLOCKCHAIN TRANSFORMING INDUSTRIES SUCH AS SUPPLY CHAIN, BUSINESSES MUST FOCUS ON SOLUTIONS THAT ENSURE SCALABILITY, TRANSPARENCY, AND CUSTOMER TRUST."