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With predictive analytics anticipating market shifts and real-time data enabling prompt decisions, companies are becoming more agile and efficient. It is interesting to see how converting raw data into actionable insights is doing wonders. Manufacturing sector, in particular, is making visible contributions and inculcating progressive growth in terms of tech-related transformation. As a matter of fact, NASSCOM’s study states that digital technologies will account for 40% of total manufacturing expenditure by 2025. ETCIO interacted with Mehjabeen Taj Aalam, Chief Digital & Information Officer, Raychem RPG, who believes that data-driven decision-making is revolutionizing industries by converting raw data into actionable insights. Aalam is at the forefront of leveraging AI and to enhance customer experiences and optimize operations. In this interview, she discusses the transformative power of , the impact of , and the role of in achieving sustainability goals.Society 5.0, as a concept, was introduced by the Japanese government in 2016. It aims at creating a Super Smart future society through a new industrial revolution. With the growing advent of technology in our daily lives, this concept aims at achieving a human centric society by integrating realms of cyberspace and physical space. The base premise is that as AI, IoT, robotics, and big data integrate into our daily life, it will form a super-smart society. With Smart cities, urban areas will use AI and IoT for efficient management, from traffic to waste disposal. Big data and AI will facilitate date-based decision-making that’ll lead to inclusive governance without any biases.When tech advancements align with societal needs, technology becomes human-centric.
