Industry leaders discuss rebuilding business in the new reality at Microsoft Envision Forum
News Desk, News Nation 360: Industry leaders from BFSI, manufacturing and retail sectors deliberated on the need for innovation and real-world digital transformation to reimagine businesses in the new reality at the Microsoft Envision Forum today. Senior executives and experts discussed the current challenges facing different industry verticals and also shared the best practices they have adopted for employee safety and business continuity. Anchoring the dialogue at the first-ever virtual edition of Envision, Microsoft reiterated its commitment to enable every organization to sustain, innovate and grow its business. Anant Maheshwari, President, Microsoft India and Aarthi Subramanian, Group Chief Digital Officer, Tata Sons analyzed how the COVID-19 pandemic has triggered digital acceleration and the role that it will play in rebounding and building resilience in a fluid and evolving environment. He told COVID-19 has changed their businesses, communities, industries and world forever. No one company is going to solve a challenge like this alone, and it is going to take the private and public sectors working together to turn the tide on COVID-19. Their priority has been to keep their employees and communities safe, support frontline workers, as well as help their partners and customers, keep their businesses running for the future, it’s clear that the change required is significant – as is the pot stronger role than ever before - enabling economic recovery and helping each one of them achieve more. Technology will play a major role in the management of social sector programs across education, health, and public distribution, helping to strengthen the economy. As manufacturers cope with fluctuating supply and demand and disruption in production, they are reconfiguring their production, supply chains, and services to stay operational and sustain deliveries in these unprecedented times. Over the last couple of years, technology has enabled retailers to transform every aspect of the value chain. With the novel Coronavirus crisis, the sector is trying to steer through major health and safety concerns for its employees, mandated store closures, drastic shifts in demand and evolving customer needs. Banking and financial services providers have adjusted operating models and services to support customers and help those who need the most assistance, while meeting regulatory and compliance obligations. A key focus of the conference was the importance of reskilling the workforce as employees and organizations shift gears for the road ahead. As India and the rest of the world respond to the Covid-19 outbreak, Microsoft has been working to do its part by ensuring the safety of its employees. The organization is striving to protect the health and well-being of the communities in which it operates, in addition to providing technology, solutions, tips and resources to businesses of all sizes and complexities to stay productive and help people to work and learn remotely, while they stay safe and connected.
Report : Anustup Kundu