Finance veteran Jayakanthan R discusses how ElGi Equipments dives into its strategy for the future, addresses on the company’s master plan for digital transformation, ESG, compliance and expansion at the sixth episode of CFO Talk with ETCFO Editor Amol Dethe. In a conversation, Jayakanthan R, the Chief Financial Officer of ELGi Equipments Ltd, manufacturer of air compressors, highlighted how democratization of technology can help organizations in digital transformation. He said it is important for the companies to really democratize knowledge and technology rather than depend on one digital or IT function. If more and more people who are performing on the line functions can embrace technology and become tech savvy automatically it will lead to successful digital transformation. "Democratization of data, technology and encouraging people to use technology rather than running to one function for solutions is key for digital transformation" Jayakanthan said. Advertisement Talking about his role in digital transformation, Jayakanthan said he as CFO doesn’t get much into the technological aspect of transformation rather focuses on functional gain. The CFO highlighted that, being in the manufacturing sector It’ fine if the company is little late in catching up with latest technology, "what’s important is reliable and accurate […]
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