JAYANTA BANERJEE

Jayanta Banerjee is Group CIO at Tata Steel Limited (TSL), focusing on IT, Digital and Automation led transformation to create business value.

Tata Steel has embarked on a long-term Digital technology led business transformation programme to drive value creation across the enterprise with the goal of becoming Agile, Intelligent & Smart. The intended EBIDTA impact is to the tune of $2bn over 3-4 years. This transformation is being enabled by a multi-layer IT & Digital strategy framework that would make the enterprise business decisions based on Insights rather than Instincts. 6x increase in Connectivity, ~80% Cloud footprint, 10x increase in event analysis capability for enhanced Cybersecurity (covering IT & OT) form the foundation of this agile enterprise. Smart sensors, integrated applications, ERP and MES are feeding into a Data Office, enabled through Data Virtualization & Orchestration technologies, which cumulatively leads to enterprise-wide single version of truth and enables enterprise intelligence. Advanced Analytics & AI solutions feed off the Data Office to learn fast & at scale, reason with purpose and interact naturally with humans. The final layer of Visualisation is enabling frictionless consumption of Insights aiding in near real-time decision making. Tata Steel is undertaking various business transformation initiatives in the domains of – Integrated Supply Chain & Logistics, Connected Mining, Smart Asset Maintenance, Customer facing Digital Platforms, Smart Closure of Financial Accounts, Smart Procurement and Energy Management. Such organisation wide programmes are being driven by cross-functional teams from across various verticals, augmented by a partner ecosystem comprising best-in-class technology & consulting partners as well as Deep Tech. Start-ups. Re-skilling & up-skilling of the employee base is being done consistently to ensure a sustainable transformation. The overall strategy is revisited from time to time to ensure alignment with the overall Strategic Objectives of the organisation, through multi-tiered governance process.

THE DIGITAL STRATEGY

Copyright © 2005 - 2020 IDG Media Private Ltd.
All rights reserved.

Reproduction in whole or in part in any form or medium without express written permission of IDG Media Pvt. Ltd. is prohibited.

Event By

Powered By