The world as we know today is experiencing a paradigm shift towards a culture which is digital – changes are impacting not only on how enterprises operate but also on an individual’s life. Integration of traditional economy with digital economy has given rise to innovative business models, production, business organization and governance (ECLAC, 2020). Businesses are leveraging digital technologies for catalyzing growth, innovation and to remain competitive. Emerging technologies like AI, IoT, Cloud Computing, and Blockchain are revolutionizing business operations across industries. As a response to continual competitive threats, new customer experiences and emerging business models, firms are implementing the technologies and best practices. There is a requirement for seamless integration between IT and operational technologies, skill development, and public private partnership to harness the power of these emerging technologies.
Adoption of technology will be impacted by issues such as infrastructure, environmental sustainability, and cybersecurity. On the one hand, technology has opened new possibilities in the industry but on the other hand, there is an increasing need for enhanced cybersecurity measures to protect against evolving threats. Emergence of technologies like Cloud, Artificial Intelligence (AI)/Machine Learning, Internet of Things (IoT), Big Data etc. has increased the risk of privacy and data breach. This has made it imperative that companies have in place a robust IT security strategy.
The theme for 6th INFINITY 2023 focusses on transformative power of emerging technologies to overcome these challenges and foster sustainable growth. The Conference will act as a platform for eminent speakers from industry and academia to share their experience, insights, and views on how we can judiciously and responsibly use digital technologies for empowering businesses and at the same time be cautious of technology threats.