IIM Ahmedabad and Bank of America partner to set up a Centre for Digital Transformation.
ENPNewswire-August 27, 2021--IIM Ahmedabad and Bank of America partner to set up a Centre for Digital Transformation
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Release date- 26082021 - Prominent leaders across the world join its Advisory Council for Responsible Digital Transformation.
Indian Institute of Management Ahmedabad (IIMA), the premier global management institution, has partnered with Bank of America to launch a Centre for Digital Transformation (CDT). The Centre aspires to become a vibrant knowledge hub for academia, policymaking and the private sector by facilitating cutting-edge research on digital transformation and innovation.
The Centre for Digital Transformation was launched with an event which was attended by faculty members of IIMA, along with well-known leaders from industry and academic institutions from India and abroad.
Announcing the launch of the Centre, Professor Errol D'Souza, Director, IIMA, said, 'Advancements in the information technology sector are growing rapidly and transforming the way we function. The pandemic has further revealed the value of digital operating models and the need for industry, institutions, and nations to ramp up their adoption of technology. Therefore, it becomes imperative that we study the impact of this digital transformation on business, government, individuals and society.'
'Our global economy is quickly becoming more reliant on digital technologies as underscored by our current environment,' said Cathy Bessant, Bank of America Chief Operations and Technology Officer. 'With the development of digital economies increasing at an exponential rate, shared learning and best practices are critical for shaping the future for our governments, private industry and universities. It's how we'll ensure we're creating and implementing technology responsibly.'
As a strategic next step, the Centre has also set up an advisory Council on Responsible Digital Transformation. Helmed by IIMA, this council will bring together diverse stakeholders to deliberate on the urgent needs and unique perspectives on digitalization. This is intended to help develop best practices and guidelines designed to benefit all stakeholders and achieve broader goals. The council will play a critical role in enhancing core competencies of the Centre and help guide the projects. The council will enable greater collaboration and alignment with external industry partners for long term value creation.
The council members...
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