Navigating the Tech Evolution: Insights from Dr. Sayed Peerzade, Executive VP, CCO at Yotta Data Service

In an exclusive interview with Sayad Peerzade, a seasoned CIO with a remarkable track record in various industries, spanning an impressive 25-year career. Starting with the ISP sector, Sayad moved on to make significant contributions as a CIO at ICICI Bank and later at Reliance Entertainment, where he honed his expertise over 15-17 years.

The tech landscape is constantly evolving, and Sayad recognizes the shift towards Web3, characterized by a distributed architecture. Gone are the days of on-premises solutions; the world is transitioning to a realm of IoT, Web3, blockchain, and the digitalization of AR and VR technologies. The focus is now on Edge computing, and the integration of 5G networks is set to redefine the game, complementing the core cloud infrastructure.

In the coming years, discussions in the tech world are likely to revolve around 5G and Edge computing, more so than traditional cloud solutions. Industries are increasingly embracing technologies that bring them closer to end-users. For Sayad, this underscores the importance of technologies such as 5G, Edge, AI, and blockchain. Moreover, IoT applications are poised to revolutionize various sectors.

The pandemic has thrown unique challenges at organizations, driving a cultural shift towards a greener, more digital future. However, it’s not just about digitalization; it’s about transformation. The role of CIOs is evolving, requiring them to lead new business initiatives rather than just managing existing systems. With the advent of 5G, the Information Technology (IT) industry is on the brink of a major transformation, and CIOs must embrace these new-age technologies to drive their businesses forward.