Moving from the traditional way of banking, we are now into the midst of the 4th Industrial revolution and this disruption will create a clear line of demarcation between the economies with planned/ unplanned digital modes of business infrastructure.
With this, the Banking, Financial Services and Insurance (BFSI) sector is reaching a significant juncture. At one end this will bring in a series of technological innovation and embrace Cloud Computing, Robotics and many more tech-led developments, on the other end cybersecurity will remain as a cautionary matter.
Underlining this paradigm shift, our cover story ‘How Cloud Computing is Driving the Industrial Revolution 4.0’ explains the role of financial institutions in paving way for Industrial Revolution 4.0 with new technologies.
This special issue also carries a special story titled-Cybersecurity: Biggest challenge to Industry 4.0. The story is based on views of experts belonging to the banking and finance industry, who have shared their pearls of wisdom in terms of vision, challenges and finest practices suitable to safer practices in the era of new revolution.
It include interviews of G Naga Mohan, CISO, Bank of India, Amit Saxena, Global Deputy CTO, State Bank Of India, Shibu P S, Chief Information Security Officer (CISO), Indian Bank, Shashank Bajpai, Chief Information, Security Officer (CISO), Export Credit Guarantee Corporation of India and Bhaskar Vadlamani, Chief Operating Officer, Pi DATACENTERS.
The magazine also features a special report of ‘Elets 4th BFSI CTO Summit, Mumbai’, which touched upon some of the key topics namely the Digital Disruption, Digital Banks, Cybersecurity, Fraud and Risk management, Cloud Computing, Big Data and Analytics, Blockchain, Artificial Intelligence, Machine Learning and IoT and many more.
The summit held its own significance with the presence of K Ramachandran, Senior Advisor-Banking Technology, Indian Banks’ Association, Sumeet Puri, SVP & Global Head of Field Technology, Solace Corporation, Sheoji Ram Meena, General Manager & Chief Information Officer, Bank of India, Subram Natrajan, Chief Technology Officer, IBM India/South Asia and many other eminent figures from the sector.
Our latest initiative, the Elets 3rd Cloud & Security Summit, Mumbai a unique networking conclave, intended to focus on significant topics encircling the BFSI sector with a hi-level amalgamation of CXOs, exhibition, awards and felicitation.
With such a bouquet of special features, articles and interviews of top-notch banking experts, we hope our latest endeavour would evoke an invaluable response of our esteemed readers.