- CXOs from multiple industries identify strategies to navigate global pandemic 
at Mindtree and Everest Group 'Possibilities Forums'

    Mindtree[https://www.mindtree.com/], a leading digital transformation and 
technology services company, and consulting and research firm Everest Group 
collaborated with leading CXOs from multiple industries through a series of 
roundtables—'Possibilities Forums' - to identify and share best practices to 
most effectively navigate business challenges created by COVID-19 pandemic. 
Digital resiliency and business continuity emerged as the top areas for 
technology investments to survive and thrive.   

    Companies are increasingly investing in tools and strategies to emerge from 
the pandemic as more resilient businesses, while accelerating their digital and 
cloud adoption initiatives. During the pandemic businesses across various 
industries have realized a measurable return on investment in these digital and 
modernization efforts.  

    "One of the lessons learned from the pandemic is that many organizations 
did not pivot toward digital transformation opportunities fast enough," said 
Peter Bendor-Samuel, CEO, Everest Group. "These organizations realize the 
importance of implementing digital resiliency plans and are re-assessing their 
digital transformation pathways. This will enable them to emerge more 
resilient."

    The roundtables revealed three imperatives:

   - Develop sustainable funding models. Balancing digital technology 
investments with fiscal prudence, given the global business disruption from the 
pandemic, is key. Flattening the cost increases of technology initiatives and 
preserving cash will help IT organizations find sustainable funding for digital 
projects. 

   - Evolve sales and distribution models. Social distancing requirements have 
changed customer expectations around experiences. Enabling zero-touch, 
self-service kiosks or contactless experiences will help re-establish customer 
trust. Providing omni-channel experiences strengthened by physical and digital 
models for sales and delivery is a new technology-led initiative. 

   -Rethink talent and workforce management models to drive productivity. 
Enterprises are adopting more distributed agile methodologies to make 
technology teams be more productive and drive scalable strategic transformation 
initiatives.

    "The pandemic has accelerated a massive paradigm shift in the way services 
get sourced, consumed and governed," said Venu Lambu, President, Global 
Markets, Mindtree. "Enterprises are increasingly moving away from on-premises 
implementation of technologies toward cloud and as-a-service, automation and 
digitizing their core systems. With our deep roots in digital and cloud 
technologies, Mindtree is well-positioned to be at the forefront of these new 
models of service consumption and engagement."

    The invitation-only, virtual Possibilities Forums were moderated by Everest 
Group and hosted by Mindtree. Enterprise executives from the travel, consumer 
packaged goods, transportation, insurance, hospitality, financial services, 
retail, and manufacturing participated in the forum. 

    More insights from the discussions can be found here[ 
https://possible.mindtree.com/redefining-possibilities-to-ensure-post-covid19-pandemic-readiness.html?utm_source=organic&utm_medium=web&utm_campaign=Everest_Post_Pandemic_Readiness]. 


    About Mindtree

    Mindtree [NSE: MINDTREE] is a global technology consulting and services 
company, helping enterprises marry scale with agility to achieve competitive 
advantage. "Born digital," in 1999 and now a Larsen & Toubro Group Company, 
Mindtree applies its deep domain knowledge to 290+ enterprise client 
engagements to break down silos, make sense of digital complexity and bring new 
initiatives to market faster. We enable IT to move at the speed of business, 
leveraging emerging technologies and the efficiencies of Continuous Delivery to 
spur business innovation. Operating in more than 15 countries across the world, 
we're consistently regarded as one of the best places to work, embodied every 
day by our winning culture made up of over 21,000 entrepreneurial, 
collaborative and dedicated "Mindtree Minds." To learn more about us, visit 
www.mindtree.com or follow us @Mindtree.

    All product and company names herein may be trademarks of their registered 
owners.

    For more information, contact:
    INDIA 
    Tanuja Singh
    Mindtree 
    +91-9741000266 
    Tanuja.Singh@mindtree.com  

    Logo: https://mma.prnewswire.com/media/1004066/Mindtree_Logo.jpg 


    Source: Mindtree