Snowflake

Forbes India presents "The Data Circle" in association with Snowflake, is an initiative that showcases top tech leaders in a thought leadership format. The selection process takes a comprehensive approach, considering their influence on both their companies and industries. The pivotal roles of these tech leaders drive innovation and breakthroughs within their respective sectors. These agile and enterprising leaders adeptly strategize to manage critical organisational conditions. The campaign aims to acknowledge and engage these exceptional professionals who are shaping the future.

Abhijit Mazumder, Chief Information Officer, TCS

An Eye For Emerging Tech

Abhijit Mazumder has various accolades and patents to his credit. He joined TCS as a consultant and has been with the company for 28 years. While growing up, the allure of science fiction captivated Mazumder, fuelling his imagination and curiosity about the potential of technology and how it could shape and influence society. This encouraged him to pursue a career in technology. Mazumder—who admires TCS Chairman N Chandrasekaran—believes as CIO, it is his responsibility to ensure the company remains agile and prepared for future needs with a focus on building trust among customers and fostering a positive work environment.

He emphasises the need to align technology strategies with evolving business needs for the organisation’s growth and success. He has two patents (jurisdiction India) to his credit—one granted for an invention that provides a system for mining results more efficiently while the other for an invention that provides a system to enable a secured collaborative pricing framework for IT & ITeS outsourcing deals. Mazumdar acknowledges the transformative impact of emerging technologies like 5G and artificial intelligence which present new opportunities to solve problems and drive change.

A fine technology-driven initiative managed by Mazumdar is the digitisation of the period-end accounting processes and financial book closures, Business 4.0 practices, and Machine First Delivery model, which have led to the early publishing of results. Leveraging technologies such as in-memory computing, real-time reporting and visual analytics tools have significantly reduced the time required for financial closure.

The company, says Mazumdar, has a well-defined and clearly articulated IT strategy that prioritises best-in-class experiences and efficient processes. Regular evaluation of emerging technologies, guided by a Tech-Radar, enables them to explore, adapt, sustain and retire technologies effectively. They ensure that their technology teams are equipped with the necessary skills in the face of emerging technologies.