Big Future: CMS's Roadmap
Increasing integration of the world economy creates discontinuities and powerful forces which throw up various challenges for countries and corporations. The past several years have been characterized by crises that never seem to end. The dotcom bubble of 2000 was followed very quickly by the sub prime crisis in 2007. There was no let up thereafter with the European currency crisis and a slow down across BRIC countries including India. Similar changes happened across the digital world too. The physical world and the IT world are converging as objects, devices, and machines leverage information and participate in the digital world. This is a validation of the CMS story.
Our view of the future is positive as the Economy rebounds and investments in infrastructure picks up. Across our businesses, we work with Big Data. Enterprise data, across sectors like Transportation, Energy, Media, Government is vastly underutilized. Enterprise and the Government is littered with data silos, limiting the value that organizations can get. Our Big Data play shifts focus from reporting, dashboards and mining to trending and predictive patterns enabling accurate decision making across the entire organization. Correlations from current data and historical as well as from disparate sources help in better decision making. We are building Big Data Solutions into every one of our industry solutions as well as the assets we build.
We see huge synergy between mobility and the Internet of Things. Over decades, we have worked with devices in the natural world and today with intelligence and mobility they are able to solve real world issues. Enterprises and Government can deliver great value without complexity at the front end. Complex intelligent devices at the backend can share information, interact and deliver information with advances in mobility. CMS's mobile applications add value across industries utilizing our expertise across areas like Traffic, Surveillance, Broadcasting, Energy and Government.
The physical world and the IT world are converging as objects, devices, and machines leverage information and participate in the digital world. This is a validation of the CMS story.
Innovation tops our agenda today as it has over the last several decades. Our focus is not to build new products or invent new technologies, but looking at product, process innovations to further client experience. We continue to invest in Research & Development out of our Trivandrum centre and at the Product Development centre at Mumbai the focus is around Meters, Traffic Controllers, Analytics dashboards, Workforce management products, Biometrics, Traffic solutions like ANPR as well as Mobile technologies. Our Centre of Excellence in Electronic Governance, out of Bangalore continues to support government clients and partners in delivering services right down to the village.
We are at the centre, delivering Citizen services through innovative models as the government and citizens recognise the need to enhance their productive capacity and generate new sources of growth. CMS is aligned with the government's mission and continues to play a major role in cultivating the use of information technology.