Salesforce buys Slack

Salesforce buys Slack to expand its cloud footprint

by | Dec 3, 2020 | News, UC & C

The Slack buy will enable Salesforce to compete head-to-head with Microsoft, the enterprise communication industry leader.
Share to lead the transformation

Enterprise software major Salesforce announced today that it is acquiring workplace chatting app Slack in a massive $27.7 billion cash and stock deal. As part of the agreement, Slack shareholders will receive $26.79 in cash and 0.0776 shares of Salesforce common stock against each Slack share. Salesforce is buying Slack to meet the new digital transformation demands of enterprises.

For unversed, Slack is the workplace collaboration software used by organizations as an email alternative. By far, this acquisition is the largest in Salesforce’s two-decades-long history, exceeding its Tableau software purchase, which was estimated at $15.7 billion. Once the transaction is complete, Slack will become an operational unit of Salesforce and continue to be run by the CEO Stewart Butterfield, popularly known as Flickr co-founder.

As Covid-19 cases surge, businesses are re-architecting how they are working and communicating with customers, users, and employees. For organizations, collaborative tools and solutions have become essential in ensuring business continuity and providing an exceptional experience for a growing distributed workforce. That’s what sparked Salesforce’s attention for Slack. (See: How is digital transformation shaping the new future?)

For Salesforce, the most exciting aspect of the purchase is to link its Customer 360 tool with Slack Connect. Salesforce Customer 360 tool enables businesses to connect Salesforce apps and create a unified customer ID to get a complete overview of the customer.

Slack currently has over 70,000 paying customers that are using Slack Connect.

Transformative approach

Slack was first designed for internal office communication. It then became one of the most popular messaging and collaborative tools for virtual meetings, focusing on making it easy for employees to get essential information at a glance. Today, it offers easy instant messaging, rapid file sharing, and integrations with many top-notch services.

Slack’s technology engine allows developers to add the Slack API to their existing ecosystem or merge with various other tools through integration. The most significant advantage Slack boasts about today is its ability to integrate more than 2,400 diverse apps that people use to work together and connect.

With the acquisition, through its cloud-based platform, Salesforce aims to create and provide workspace apps to connect customers in a whole new way. The CRM major is hugely optimistic that the amalgamation will create the broadest open ecosystem of apps and workflows for organizations and allow millions of developers to develop the next generation of apps, using clicks instead of code.

Marc Benioff, Chief Executive Officer of Salesforce, seems to be so thrilled about the deal that he has declared the acquisition as a match made in paradise. “This is a match made in heaven. Together, Salesforce and Slack will shape enterprise software’s future and transform how everyone works in the all-digital, work-from-anywhere world. I’m thrilled to welcome Slack to the Salesforce Ohana once the transaction closes,” Benioff said in a press release.

Face to face with Microsoft

In 2021, cloud technology will continue to play a pivotal role in driving business for most organizations. The focus will be on integrating new technologies and analytics to link people and data across systems, applications, and devices. Salesforce is preparing to address these needs faced by commercial enterprises in today’s digital universe and maintain pace with its rival Microsoft. (See: Technology trends for businesses in 2020)

Slack’s buyout is an effort by Salesforce to beef-up the communication apps ecosystem. The purchase of Slack Technologies will enable Salesforce to compete head-to-head with Microsoft Teams, the industry leader in the enterprise communication space, and Cisco Webex.

Over the past few years, Microsoft Teams has achieved several new improvements and achieved substantial growth, primarily since it integrates well with the MS Office 365 subscription productivity package with the Azure Cloud. (See: Online project management tools: Top office suite analysis)

Even in the CRM software space, where Salesforce’s Sales Cloud has been leading for a long time, Microsoft is making rapid progress. Microsoft’s Dynamics platform appears like a serious threat to the supremacy of Salesforce. Businesses that are already running plenty of Microsoft tools mostly prefer the Dynamics platform because of their quick integration.

Salesforce seems to have also sensed the urgency to expand its horizons into the collaboration software space, which has become lucrative amidst the COVID-19 turmoil. The Slack buy will also help Salesforce take a quantum leap in meeting its customers’ new transformation needs.

“As software plays a more and more critical role in the performance of every organization, we share a vision of reduced complexity, increased power and flexibility, and ultimately a greater degree of alignment and organizational agility. I believe this is the most strategic combination in the history of software, and I can’t wait to get going,” says Stewart Butterfield, Slack CEO and Cofounder, in a statement.

The Slack buy came after Salesforce had put a lot of effort into creating its enterprise collaboration tool, Chatter, in 2009, and very recently, Salesforce Anywhere with limited success.

 

MORE FROM BETTER WORLD

Shibabrata Mondal, Founder and CEO, Wizergos

Shibabrata Mondal, Founder and CEO, Wizergos

In Focus

Shibabrata  Mondal, Founder and CEO

Wizergos

Low-code, no-code is poised to be a digital transformation catalyst.

Enterprises globally and in India have to contend with pressures to deliver products and services with speed to account for rapidly evolving customer requirements and ensure business resiliency at all times. The “low-code, no-code” theme has never been more dominant especially since the onset of the current pandemic. It would not be an exaggeration to mention that a direct fallout of the pandemic has been an acceleration of digital transformation initiatives, which is where most of the action in enterprises lies currently.

Wizergos has developed its low-code platform to cater to enterprises’ rapid development needs in the wake of the ongoing rush for digital transformation.

Better World conducted an email interview with Shibabrata Mondal, Founder and CEO, Wizergos, to gauge the present and future potential of the low-code paradigm and how organizations can use it optimally.

Excerpts of the interview:

Better World: Of late, there has been a lot of buzz in the industry for low-code/no-code application development platforms. Please explain why organizations should explore these platforms for app development.

Shibabrata Mondal: To explain the evolution and value of low-code/no-code platforms, I believe it is pertinent for us to go back in time and consider the history of computer science in general and software development specifically. There has always been an effort to provide tools and systems to enable developing high quality, complex, and enterprise-grade software while considering the business requirements of agility and ease of use.

So, the progression from machine language, micro code to C/C++ to Java/Python, or the various development frameworks was necessitated with the aim to make software development easier, more accessible, more robust and error free at the same time. Similarly, the concepts of libraries/packages, or the more recently introduced microservices and APIs are also advancements in the same direction. To me, low-code/no-code is but a natural extension of this movement. These platforms allow developers with no programming experience and even business users to build and publish applications using a web-based drag and drop kind of experience.

In such projects, enterprises are building some custom applications for enhanced user experience and management or automating some business processes. These are also projects where the requirements and functionalities would be controlled by the business teams. And by nature these would need quick updates as new products or services are introduced or changes are set in motion in processes or regulatory environments. So, these solutions have to be architected such that they are not only built rapidly and go to market quickly, but also changes can be done in matter of hours and days instead of weeks and months. Speed, agility, and quicker time to market are tenets of the value proposition of low-code/ no-code platforms that the tech buyer community must actively consider.

Better World: In this low-code/no-code evolution, how is Wizergos positioned to help organizations? Please help us understand Wizergos’ origin and vision. 

Shibabrata Mondal, Founder and CEO, Wizergos

Wizergos is a low-code application platform company.
Shibabrata is an IT industry veteran with around 23 years of experience in product development, software engineering, and entrepreneurship. He started Wizergos in 2015 with the aim of democratizing product and digital innovation through low-code platforms.
Prior to starting Wizergos, he was the Global Director, Software Engineering for HGST (a Western Digital Company) where he was managing the product development (Dataplane) team and pre-sales in India. He has also worked with Cisco in the San Franciso Bay Area for over six years where he was involved in product development and in companies such as Wipro and Atlas Software Technologies.
He is an engineering graduate from the IIT, Kharagpur,a premier engineering institute in India.

Shibabrata Mondal: We started Wizergos Low-Code Platform with three key theses that we placed our bets on. First, increasingly enterprise software development activities will be carried out for digital transformation projects, with requirements driven by business teams, tighter time to market requirements, and the need for rapid changes to address evolving needs in the market and business. These need a different architectural approach and traditional software development methods and tools will not be able to serve these needs effectively. Second, going forward, enterprise software needs to be available in a multitude of channels where the customers are more likely to be present. Low-code platforms would be required to natively make multi-device, multi-touchpoint, multi-modal applications. For instance, web and mobile apps, along with capabilities embedded in wearable devices, popular chat platforms (like WhatsApp, FB messenger), voice, and email. Lastly, we observed that enterprises are experimenting with new technologies like AI/ML and AR/VR and are not successful in developing multiple enterprise-grade, production ready use cases. Here too we posited that a platform approach is needed to bring these technologies to production use cases.

With these theses as our guide, we have built the Wizergos Low-Code Platform, and continue to focus our efforts in augmenting it. Our focus is on working with clients on projects where all or some of these points are coming together to build a business case for low-code platforms.

Better World: What is the current business traction for Wizergos in India and globally? Which customer segments and use cases are you working with?

Shibabrata Mondal: Two years ago, we spent time exploring and co-creating applications for a select number of use cases to prove the value of our platform. Since then, I am pleased, we have grown with a steady business traction and projects. One of our largest and most successful projects is with ICICI Lombard where we have leveraged our low-code platform to process over one million support workflows for customers every month (in their contact center set up) and significantly increased First-Call-Resolution rates for its Customer Service teams. This has ensured our sustained engagement with them for several new use cases.  We have also empowered Fidelis Insurance (UK), and a market research firm and ITC for market research applications over WhatsApp. Additionally, we have also developed mobile applications for several product engineering companies using our Low-Code platform.

We believe that Wizergos Low-Code Platform is a horizontal solution and will find application in multiple industries. Currently, we are focusing on the BFSI sector considering the volume and quality of digital transformation projects in this sector, combined with relatively higher technology maturity of BFSI companies that enables them to explore emerging technologies such as low-code/ no-code.

Better World: Going forward, how do you see the Low-code/no-code industry as a whole evolving (w.r.t. customer adoption, challenges, and so on)?

Shibabrata Mondal: I think adoption of low-code platforms will accelerate in the near to mid-term, as more success stories are seen and IT leaders realize some distinct advantages of using these platforms, viz. low maintenance, quicker enhancements to their software capabilities leading to faster time to market, robustness of applications, and so on.

Additionally, with the realization of early successes, organizations will plan low-code expansion drives for a slew of their DX initiatives across several business functions. This view is supported by research conducted by leading firms. The worldwide Low-Code development technologies market is slated to be worth USD13.8 billion in 2021 (registering around 22.6% annual growth), as per a Gartner report. In the same vein, Gartner predicts that by 2023, over 50% of medium to large enterprises will have adopted a low-code application platform as one of their strategic application platforms.

One of the challenges I see is for enterprises to figure use cases for low-code and no-code because, although we are putting all the platforms together as a category currently, they are quite different from each other in terms of what use cases they were designed for and where each one excels. Going forward there might be sub-categories created to help the enterprises make the right decisions. Additionally, organizations also need support to evaluate the appropriate low-code/ no-code platform vendors to engage with.

Better World: Could you please highlight some key priorities for Wizergos to tap the opportunities/address customer challenges moving ahead?

Shibabrata Mondal: Having executed several deep enterprise projects with larger established enterprises has made us more confident of our theories and vision and propelled us for our next wave of growth.

Our immediate priority is a focused approach towards expanding our business in select industry verticals – we intend to leverage our expertise and initial traction to build further inroads into insurance, banking, and financial services companies. It is also our responsibility as an industry stakeholder to help spread awareness about the value of low-code platforms, as we have noticed that low-code platforms can be very confusing for IT leaders and so decision making can be slow. To support the decision-making process of the tech leaders, we are working on a compendium of use cases and success stories to help them make the right decisions. As a key pillar of our GTM strategy, partner expansion is another priority area for us going ahead in the near to mid-term.

To read more InFocus interviews, click here. 

Wipro ropes in Subha Tatavarti as its new CTO

Wipro ropes in Subha Tatavarti as its new CTO

Subha Tatavarti CTO

Subha Tatavarti, CTO, Wipro

Indian IT services Major Wipro has appointed Subha Tatavarti as its chief technology officer (CTO).  Subha Tatavarti’s career spans over two decades across domains such as enterprise infrastructure, security, data science, and edge platforms. She lives in the Bay Area in San Francisco, the USA, and has earlier led technology initiatives for online payments processor firm PayPal and retail giant Walmart.

In her decade-long stint at PayPal between 2010 and 2020, Subha led product, cloud and platforms, and data and analytics divisions. At Paypal, her portfolio of products included machine learning, artificial intelligence, and data ALM. Besides, she has also worked at CliMetrics, Inc. (as cofounder and director), Abbott Laboratories, Fannie Mae, and BearingPoint.

KR Sanjiv, the former CTO of Wipro, was superannuated on 31 Dec 2020.

Part of the organization’s structural revamp

In her new role at Wipro, Subha Tatavarti will be leading service transformation, robotics, Silicon Valley Innovation Center (SVIC), Technovation Center, open innovation, and applied research.

Subha Tatavarti’s appointment at Wipro is a part of the tech major’s recent structural revamp, implemented in January this year. As part of the structural reshuffle, Thierry Delaporte, the newly appointed Wipro CEO, announced the streamline of its business units, service lines, and geographies to fast-track the company’s growth amidst tough competition with other IT services majors – TCS, Infosys, and HCL.

Wipro had also recently announced several other leadership appointments, including Pierre Bruno as the CEO of Europe, Tomoaki Takeuchi as managing director for Japan, and Stephanie Trautman as the Chief Growth Officer.

Looking for new growth areas

Even though Wipro is behind in its revenue growth as compared to its peers TCS and Infosys, the company is expected to make a strong comeback in the next two to three years due to its strategic investments to strengthen remote working capacities and IT infrastructure modernization in 2020.

With over 190000 strong employee base across six continents, Wipro acquired several firms in 2020 in customer experience solutions, IT solutions, system design, and cloud domains. (See: With Encore buy, Wipro eyes DX edge in fintech and Wipro to acquire Capco).

Wipro posted a 20.8 percent YoY rise in net profit at Rs 2,966.70 crore for the Q3 (December 2020) quarter compared with Rs 2,455.80 crore in the same quarter in 2019.

For other C-Track movements, click here.

Rajesh Pathak, Country Manager, India & SAARC, Accedian

Rajesh Pathak, Country Manager, India & SAARC, Accedian

In Focus

Rajesh Pathak, Country Manager

India and SAARC, Accedian

Network performance monitoring lets CIOs maximize network’s potential, cut risks.

The scope of digital transformation is not just confined to the use of new technologies. Instead, this transformation encompasses a whole new journey that requires enterprises to maximize the potential of new-age technologies by obtaining complete network visibility across on-premise and cloud environments.

With continuous monitoring and deeper insights into various applications’ performance, IT professionals can proactively identify any network anomalies before they impact business operations and adapt to their users’ unique needs.

In a recent interaction with Jatinder Singh of Better World, Rajesh Pathak, Country Manager for India and SAARC, Accedian, outlines the key challenges faced by enterprises in their digital transformation journey and the role of network and application performance management solutions in the post-pandemic reality

Pathak also shares the best practices that organizations can adopt to convert the new normal position into the winning position.

Better World: The disruption caused by COVID-19 has compelled enterprises to reimagine their overall tech implementation strategies to meet the changing consumer expectations and remain competitive. What are the key challenges that enterprises are facing given this changing landscape?

Rajesh Pathak: The rapidly increasing number of new remote users has posed significant challenges for businesses. They have had to adjust by building and rebuilding capacity while controlling their networks 24/7. The distributed workforce has exacerbated this by increasing the number of endpoints, requiring specific performance and security management.  (See: How is digital transformation shaping the new future?)

Companies need to be adaptable and flexible when scaling their networks as their business needs evolve. In short, the ability to rapidly deploy and accurately monitor services for performance and security while also maintaining SLAs consistently has become much more complicated. This challenge can be solved through greater visibility and insight into network and application performance. This type of technology solves for needs to be prioritized – it should no longer be written off as a capacity issue but critical to business continuity and success.

Better World: What is the importance of performance analytics in enabling enterprises to respond to the post-pandemic world?

Rajesh Pathak: As businesses continue to navigate these unprecedented times, network performance analytics has become a critical tool to manage disruption. Network and application performance management (NAPM) and security are pivotal to any business looking to optimize their network to maintain business continuity. It also is an essential part of preparing the network for the post-pandemic reality, whether that’s seeing an uplift in traffic, identifying a behavioral anomaly that might refer to a security issue, or pinpointing the cause of degradation. Businesses will want their networks to be ready to support enterprises and end-users in the post-COVID world.

Enterprises should turn to solutions that incorporate intelligent technologies such as artificial intelligence (AI) and machine learning (ML) to understand the customer experience better. These technologies can look at large amounts of data, analyze them in a fraction of a second that a human could, and identify patterns that help with network preparation and management. They’re a huge advantage in managing end-to-end services and can ensure enterprises remain competitive by offering guaranteed performance to their customers. (See: CIOs’ digital transformation focus accelerates recovery for IT firms)

Better World: With remote working environments likely to continue for a longer time, how can organizations securely accelerate their digital transformation initiatives?

Rajesh Pathak: Companies can continue on their path toward digital transformation. They need to do so safely. This means that every company should be adopting tools that help them become more cyber-resilient: the ability to prepare for, respond to, and recover from cyber-attacks. As we have seen this year, the distributed workforce has lent itself to more excellent opportunities for hackers, and it seems like every week, a new exploit or exposure is unearthed. A report from the fall of 2020 found that every endpoint connected to the Web faces 1.5 attacks per minute.

Rajesh Pathak, Country Manager, India and SAARC, Accedian 

Rajesh Pathak is a transformational leader who believes in big picture thinking for exceptional results with over two decades of solid experience in both enterprise and service provider domains. At Accedian, a performance analytics and end-user experience solutions company, Rajesh Pathak shoulders a massive responsibility of accelerating Accedian’s growth plans in India and SAARC.
Before joining Accedian, Rajesh Pathak held leadership roles at BT India, Agnity, Alcatel-Lucent, and Ciena. He is an avid risk-taker and firmly believes that consistent hard work leads to success.

Expertise

  • Leadership development, general management, and strategic leadership
  • Mentoring and coaching
  • Revenue growth, sales P&L
  • Partnership and channel alliances
  • Technical solution sales, business development
  • Practice development

Education

  • BE in Electronics and Telecommunications, Amravati University, 1992–96.

Many solutions need to be considered when it comes to cybersecurity, behavior-based intrusion detection. The tool utilizes network traffic analysis to view 100% of all transactions and identify behavioral anomalies raised to IT teams before affecting the end-user. Cyber-resiliency is about complete visibility across your network, which gives IT teams a greater understanding of patterns and trends in the traffic and sound insight into what might be out of the ordinary.

Better World: What are the key learnings that technology leaders can apply to unlock the true potential of their networks? How are you helping businesses in this direction?

Rajesh Pathak: Network and application performance monitoring (NAPM) gives control back to CIOs and allows them to understand and maximize their network’s potential while reducing risk. This is particularly important because networks are becoming more complex to manage, and CIOs oversee multiple environments, including cloud, private cloud, and legacy infrastructure. With NAPM, CIOs can monitor their network’s performance, identify outages that could cause bottlenecks, recognize potential security threats, pinpoint the root cause of issues in real-time, and resolve them quickly. This information will allow their workflows to be more efficient, customer experiences to be more seamless, and improved business outcomes.

Better World: Many of the AI-based implementations require cultural shifts to scale and collaborate. What are some of the best practices for businesses to adopt AI amid crisis?

Rajesh Pathak: Adopting new technology is only successful if you make sure your team is onboard the tools and is equipped with the proper knowledge to use them properly. This requires the development of a broad understanding of new tools through training and educational collateral. But it also requires a focus on creating a culture that supports this change. This is done through frequent company-wide communication, from the start of the process to the finish – have teams weigh in on new tech adoption, understanding the pain points that led to this and how the new tool can help with some of these challenges.

By bringing your people along with you, they’ll feel more invested in the technology from the start and will have a complete understanding of why it was adopted and how it can improve processes and work. Then, it’s about making sure they have the correct information to use it successfully, which eases the onboarding process and helps them see firsthand the value of tech from the moment they start using it.

Better World: What are your strategic focus areas for the Indian market this year?

Rajesh Pathak: India continues to be a growing market for us due to recent investments in tech infrastructure. It’s crucial to have this foundation to adopt the tools they need to stay agile and prioritize security. This past year, we saw a massive uptick in cyber breaches, making IT teams reconsider their tech stack as they navigated connecting distributed and remote end-users in a safe way.

In 2021, we look forward to continuing to bring expanded tools and services to the area, driven by technologies like cloud, AI, ML, and 5G. 5G, in particular, will prove significantly impactful, especially for enterprises looking to achieve rapid growth while working with the realities of distributed workforces. We believe that NAPM technology can fully transform how enterprises and end-users manage their workflows and will be a critical part of India’s role in the age of global business.

At least 2022 until pre-COVID normal returns: Study

At least 2022 until pre-COVID normal returns: Study

The second wave of the COVID-19 pandemic across the globe has put a big question mark on returning to pre-COVID normalcy this year. According to a recent survey by KPMG, despite improved confidence, most of the enterprises are apprehensive if the business would return to normal until 2022. (See: How is digital transformation shaping the new future?)

According to the findings revealed by the 2021 KPMG CEO Outlook Pulse Survey, 45% of the top executives expect that the pre-COVID normalcy would return sometime in 2022 instead of the 31 % who expected the transformation to happen sometime later this year.

This report is a stark contrast to the earlier sign in late 2020 that things would be back to normal for businesses by late 2021. Early last year, the sudden emergence of COVID-19 cases impacted the business continuity of several enterprises drastically. It paved the way for distributed, remote working culture and transformed businesses’ go-to-market action plans across the globe.

The Pulse survey findings are based on the responses received from 500 global CEOs (of companies that have annual revenue over US$500M) in February and March this year. The CEOs from the world’s leading companies across 11 key markets (Australia, Canada, China, France, Germany, India, Italy, Japan, Spain, the UK, and the USA) were asked to provide their 3-year outlook on the economic and business landscape, as well as the ongoing COVID-19 pandemic.

Employee safety and vaccination top priority

For most CEOs, the pace of vaccination distribution is among the top factors that will influence their decision to resume physical offices and return to pre-COVID normalcy. About 55% of CEOs shared that they were anxious about the availability of the COVID-19 vaccine to their employees. Not surprisingly, 90% of the leaders are contemplating asking their workforce to resume offices only after they are vaccinated.

One-third (34 percent) of global executives are concerned about distortion of facts on COVID-19 vaccine safety and the influence of this misinformation on the employees deciding not to administer the vaccine. Twenty-one percent of organizations will ask clients and guests who were visiting their facilities if they have been vaccinated, and 26 percent planning to significantly reduce global travel until the pandemic situation placates.

For half of the CEOs, increasing awareness around workforce stress and societal issues remains a high priority. They plan to increase their HR resources to help manage employee wellbeing and mental health.

The digital transformation continues to be a focus area

The acceleration of digital transformation continues to be a top boardroom agenda for CXOs with a deep focus on deploying strong collaboration channels. 74% of business leaders in the survey report that their organization’s digitization efforts have been accelerated significantly, up from 50% in August 2020.

Understandably, for most business honchos, new digital business models, developing seamless customer delivery models and revenue streams remain a key focus. Across organizations, the understanding of the growing threat landscape has also increased. Most CEOs, according to the survey, are planning to increase their investments in beefing up the cybersecurity capabilities that could enable them to innovate confidently and provide consistent value to their clients. (See: Combating cyber threats in the new normal).

Vinod Bhatt joins Vistara as its new CIO

Vinod Bhatt joins Vistara as its new CIO

Vinod Bhat Vistara CIO

Vinod Bhat, CIO, Vistara.

Tata SIA Vistara has appointed Vinod Bhat as the new Chief Information Officer (CIO).  Vistara is a joint collaboration venture between Tata Sons and Singapore Airlines.

Bhatt has joined Vistara after working with Tata’s IT Services company TCS for around three decades, where he was Global Business Head – Consumer Packaged Goods (CPG): UK, Ireland & Europe & Delivery Center Head.

In his new role at Vistara, Vinod Bhatt will be responsible for leveraging digital technologies and enabling advancements in the IT infrastructure. He will be closely working with business, partners, and other stakeholders of Vistara for driving operational excellence at the full-service airline. Bhatt will report to Vistara’s CEO, Leslie Thng.

A long association with Tata

Vinod Bhatt started his career in 1993 with TCS as a program manager and team lead and managed various IT leadership roles at the IT major. He replaced Ravinder Pal Singh, who quit TCS in January this year.

At TCS, Vinod Bhatt managed complete P&L for UK and Europe, including Unit strategy, business growth, delivery, customer interactions at the CXO level, driving business benefits for our customers, Managing Margins, and other operational parameters. During the last 17 years at TCS, Bhatt worked at CXO level clients and helped them realize business benefits.

Academically, Bhatt finished his Masters’s in Engineering from the University of Hyderabad. Vinod Bhatt is also a Certified Quality Analyst (CQA) from the Quality Assurance Institute, US.

About Tata SIA Airlines

Tata SIA is a joint venture of Tata Sons Private Limited and Singapore Airlines Limited (SIA). Incorporated on November 5, 2013, Tata Sons holds a 51% stake in the partnership, and Singapore Airlines owns 49% stake. The company is registered as TATA SIA Airlines Limited.

The carrier has a five-member Board, comprising its Chairman, Mr. Bhaskar Bhat, Ex-MD of Titan Company Ltd, Directors-on-Board, Mr. Lee Lik Hsin, Executive VP (Commercial) Singapore Airlines and independent Directors Mr. Som Mittal, former President & Chairman Nasscom, Ms. Sangeeta Pendurkar, CEO, Pantaloons (Aditya Birla Group) and Mr. S. Padmanabhan, Executive Chairman – Tata Business Excellence Group & Group Chief Ethics Officer, Tata Sons.

For other C-Track movements, click here

Fueling DX through data protection modernization

Fueling DX through data protection modernization

In the age of hyper-competition and elevated uncertainty, digital transformation (DX) has become a top boardroom agenda for organizations. However, amidst this rush of transformation and adaptation, a wide array of challenges have also sprung up. One of the significant constraints impacting the digital transformation initiatives is growing data loss incidents witnessed by organizations. This calls for immediate measures around data protection modernization.

According to a recent Data Protection Report 2021 by backup and disaster recovery firm Veeam, most data backups are susceptible to failure. This puts many businesses at severe risk of data loss and cyber attacks as they plan their digital transformation journey.

The dispersed workforce environment has shifted everything on the cloud. The traditional workplace models have thrown out of the gear and pushed businesses to modernize their data protection strategies and move their workloads from data centers to the cloud. The failure to revive their data backup efforts can jeopardize their growth prospects and significantly affect their goodwill.

The Veeam report asserts that more than half (58%) of backup recoveries fail, and about 14% of the data are not even backed up in organizational ecosystems. Based on the inputs gathered from 3000 IT decision-makers in global enterprises, the report says that IT leaders are examining ways to immediately solve their critical data protection needs. (See: Technology trends for businesses in 2020)

Exposed digital deficiencies of unprepared organizations

The DX strategy aims to enhance the organizational ecosystem where data play a crucial role in delivering an exceptional user experience and outsmart the competition. And if the information itself is susceptible to attacks or lacks good recovery tools, enterprise DX initiatives are doomed for failure.

Due to the abrupt external pressure and sudden changes required to maintain business continuity, many CIOs and enterprises didn’t get enough opportunities to plan their digital transformations seamlessly. According to the Veeam report, 91 percent of the survey respondents mentioned an unprecedented increase in cloud services used during the pandemic.

The inadequate data protection modernization efforts posed significant pressure on IT systems, and IT heads that are already laden with a rapidly evolving IT landscape comprising a mix of traditional on-premise infrastructure.

“In response to the COVID-19, we have seen organizations accelerating DX initiatives by years and months to remain in business. However, the way data is managed and protected continues to undermine them. Businesses are being held back by legacy IT and outdated data protection capabilities, as well as the time and money invested in responding to the most urgent challenges posed by COVID-19. Until these inadequacies are addressed, the genuine transformation will continue to evade organizations,” says Danny Allan, Chief Technology Officer and Senior Vice President of Product Strategy at Veeam.

Best way forward

In their bid to data protection modernization, many organizations are increasingly looking at integrating data protection as a service (DPaaS) to minimize their dependency on in-house infrastructure and resources. The backup solutions are moving from on-premise to the cloud.

As part of modernizing data backup strategy, it is a good practice for enterprises with distributed workforce across locations to move their data backups to cloud ecosystems.

Solutions such as Backup-as-a-service are also becoming an appealing alternative since they allow organizations to invest only as per their need, ensure data availability for different time spans as per their need, and remove the dependency on the on-premise resources.

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