Insight of My Company and its IT Strategies: TTK Prestige Limited is engaged in the manufacture and trading of Pressure Cooker, Non-Stick cookware and Kitchen Appliances. Turn over for the FY 2011-12 was over Rs:750 crores. We have 6 manufacturing plants and 23 branch locations spread across the country. Our IT strategy is basically driven by the business requirement and it is a step by step approach and our focus is on reaching out to the users in terms of technology, providing improved/required infrastructure and compliance.
Views on new technologies: We are evaluating possibilities of moving to the cloud concerning some business support applications and also virtualization of servers.
Keeping up with Technology: Through attending IT seminars, interaction with vendors and reading technology magazines.
Team Size: It is a small team of 12 people.
Biggest Pain Point: Keeping pace with the growing business requirement and providing suitable and appropriate standard or tailor made solutions and make the users experience that they have been provided with what they really were/ are looking for. Technology addresses pain points. Agree? No doubts.
Slowdown Impact on IT Innovation: Yes.
Challenges Faced: It is more of a decision making issue than a challenge and requires a review from time to time, basically to keep pace with business requirement and security.
Adoption of Cloud Policy: As a policy – No, Not yet. But we have started working towards adopting cloud for some support apps.
Role of Cloud: Need more information on this.
Estimation of annual IT budget: It is need based.
Plan on increasing your IT budget: Obviously.
IT Leader – Manager First or Technologist First: A Manager.
ROI on the Technology: Any ware between 2 to 3 years (in majority of the cases).
New technologies looking forward to: Mobile applications. Relationship between CIOs and CEOs: CEO is the business head and CIO needs to provide/ support the cause of the business in terms of understanding business requirements, proposing right kind of technological solutions and so on.
Advice/ Suggestion: Push forward new ideas/ measure effectiveness of deploying new technologies and take risk when required in the interest of keeping pace with competition.