Organizations need to connect enterprises, or be left behind: Prakash Kumar, BMW

The global connected enterprise market size was estimated at US$90.10 billion in 2015. The surge in technological advancements such as big data, analytics, and cloud computing is triggering investments in this market.

Connected enterprise solutions are providing extending opportunities for high product utilization, new functionalities, enhanced capabilities, and greater reliabilities that exceed the conventional product boundaries.

Speaking on this, Prakash Kumar, Head of IT, BMW Group India and DevOps Hub (APAC Region), says that Covid-19 has hastened the digital revolution. Organisations, which were lagging behind, have to step up the efforts to create enterprise, which is connected with every devise and component, be it human or a robot.

The four requirements of engaging customers, employee empowerment, optimising operations, transforming product and services in a true digital enterprise are built over four enablers.

These are: capture data from every possible source, take it to unlimited cloud, connect with mobility from anywhere and have the most powerful engine to get the insights and respond with out loosing time. This is possible only if we take all the four components together.

Most of the organisations current focus is to build an intelligent system and be ahead of curve. He concluded: “We are in an interesting time where anyone lagging behind would become a history in a short span of time if they don’t catch the Industry 4.0 wave.”