Monday Nov 25, 2024
Monday Nov 25, 2024
Friday, 23 October 2020 00:00 - - {{hitsCtrl.values.hits}}
Digital Transformation World Series 2020 Panel speakers, Smart Axiata Cambodia CIO Kalyan Chyutuni (left) and Global Wavenet CEO Suren Pinto
Global Wavenet CEO Suren Pinto yesterday joined forces with Smart Axiata CIO Kalyan Achyutuni to discuss how a powerful data strategy can strategically transform a CSP organisation’s data into critical revenue streams at the Digital Transformation World series 2020 event.
The DTW 2020 event commenced on 7 October and will run until 12 November and is hosted by the telco industry catalyst of change, the TM Forum. This event is attended by industry experts and thought leaders in the telecommunications space. Topics at the event covered six key themes and on trending topics such as 5G, IOT, B2B2X revenue streams, AI-driven insights and action generation, automation, strategies for competitive leap, and much more.
The speaker session hosted by TM Forum including Wavenet and Smart Axiata, took place on 22 October on the topic around building a data strategy and data culture in a telco organisation. Today, data owned by an organisation forms an important part of a set of business tools which can become an integral ingredient in future-proofing business growth and in a highly competitive environment.
Smart CIO Kalyan Achyutuni commented on this occasion: “The new telco CIO today is focused on developing a business blueprint that governs how data is strategically identified, managed and consumed for meeting technology outcomes, and one that changes the game for large blue-chip telecommunication operators such as Smart Axiata. An innovative data strategy creates the technology plan that determines the technical execution of the company, including reference architecture, governance, and use case prioritisation, assists the company in creating a digital-first organisation with skills required to meets technology demands.”
Pinto added: “Today, for CSPs organisations that are operating in such diverse market conditions, it is even more important to create internally, a culture that is infused with data-centricity in order to be able to exploit and identify key data insights to deliver value. CXOs need to exploit the wealth of information already available to the organisation and shift existing business models to gain a competitive edge. For example, shifting form a batch-oriented architecture and operational model to an ‘event-driven’ architecture, and using a company-wide focus on applications and analytics will give the CSP a definite revenue and a competitive edge.”
