WEBVTT 1 00:00:09.741 --> 00:00:11.971 line:15% It is my pleasure to introduce Tony Thomas. 2 00:00:11.971 --> 00:00:15.110 line:15% Tony is a global CIO of Nissan, 3 00:00:15.110 --> 00:00:17.380 line:15% Tony, could you tell us more about your roles 4 00:00:17.380 --> 00:00:19.020 and objectives at Nissan? 5 00:00:19.020 --> 00:00:21.400 My responsibility here at Nissan predominantly 6 00:00:21.400 --> 00:00:23.300 is to run all the information systems 7 00:00:23.300 --> 00:00:26.740 and information technology for the entire value chain 8 00:00:26.740 --> 00:00:30.090 across all regions, all functions for Nissan. 9 00:00:30.090 --> 00:00:32.200 What were the key challenges for Nissan 10 00:00:32.200 --> 00:00:34.450 to fully capture the value of digital? 11 00:00:34.450 --> 00:00:36.962 We identified that our platforms are really fragmented, 12 00:00:36.962 --> 00:00:39.911 quite obsolete and in some cases, 13 00:00:39.911 --> 00:00:42.590 we really don't even have the ability 14 00:00:42.590 --> 00:00:45.330 to move at the speed that the business is looking at. 15 00:00:45.330 --> 00:00:47.902 We don't have the ability to capture the data 16 00:00:47.902 --> 00:00:51.140 from the way we want so that we can unlock the value. 17 00:00:51.140 --> 00:00:54.110 Lastly, because my team is not been able to deliver 18 00:00:54.110 --> 00:00:57.370 at the speed and the quality that they were looking for, 19 00:00:57.370 --> 00:00:58.790 the business teams themselves started 20 00:00:58.790 --> 00:01:00.400 solving this problem themselves. 21 00:01:00.400 --> 00:01:02.170 Which meant that there's been a proliferation 22 00:01:02.170 --> 00:01:03.860 of what we call shadow IT, 23 00:01:03.860 --> 00:01:06.610 where systems have been deployed, 24 00:01:06.610 --> 00:01:08.030 but probably not with the right controls 25 00:01:08.030 --> 00:01:09.860 and the scale that we're looking at. 26 00:01:09.860 --> 00:01:12.380 So what are the changes you implemented 27 00:01:12.380 --> 00:01:16.275 to unlock the value of digital and unleash it at scale? 28 00:01:16.275 --> 00:01:18.560 Predominantly, three things. 29 00:01:18.560 --> 00:01:22.230 First and foremost, building the right organization. 30 00:01:22.230 --> 00:01:24.580 Second, ensuring that we have the right portfolio 31 00:01:24.580 --> 00:01:26.230 and the portfolio management. 32 00:01:26.230 --> 00:01:29.030 Third, having the right talent to drive 33 00:01:29.030 --> 00:01:30.465 the outcomes that we look for. 34 00:01:30.465 --> 00:01:32.490 Coming back into the organization, 35 00:01:32.490 --> 00:01:35.494 since we were completely regionally aligned in the past, 36 00:01:35.494 --> 00:01:39.310 we had to move towards a global organization 37 00:01:39.310 --> 00:01:40.247 where we have regional CIOs responsible 38 00:01:40.247 --> 00:01:43.950 for driving outcomes for the regions, 39 00:01:43.950 --> 00:01:46.810 we have global leaders who own functionally 40 00:01:46.810 --> 00:01:49.253 the capabilities that we need to drive across. 41 00:01:49.253 --> 00:01:51.980 Then the second thing like I talked about was the portfolio. 42 00:01:51.980 --> 00:01:54.270 We started diligently moving towards 43 00:01:54.270 --> 00:01:57.430 portfolio rationalization and moving towards 44 00:01:57.430 --> 00:01:59.470 more global applications. 45 00:01:59.470 --> 00:02:00.694 We started working towards 46 00:02:00.694 --> 00:02:03.424 more agile way of delivering 47 00:02:03.424 --> 00:02:06.120 rather than the traditional waterfall. 48 00:02:06.120 --> 00:02:08.140 We started focusing on doing 49 00:02:08.140 --> 00:02:11.400 more smaller projects, rather than the long projects. 50 00:02:11.400 --> 00:02:14.390 So we are able to get outcomes much faster. 51 00:02:14.390 --> 00:02:16.140 Coming back to the talent, 52 00:02:16.140 --> 00:02:18.970 our objective is to be truly technical. 53 00:02:18.970 --> 00:02:21.873 So that we can drive the outcomes that we really want. 54 00:02:21.873 --> 00:02:24.720 Which meant that we have to up skill our team, 55 00:02:24.720 --> 00:02:27.320 bring them to the digital skills that we never had before. 56 00:02:27.320 --> 00:02:29.610 So we created a Nissan Digital University, 57 00:02:29.610 --> 00:02:32.260 so our team can learn the skills that they need 58 00:02:32.260 --> 00:02:34.420 to be efficient and effective in the future. 59 00:02:34.420 --> 00:02:36.210 One of the cornerstone initiatives 60 00:02:36.210 --> 00:02:38.330 of the Nissan digital transformation, 61 00:02:38.330 --> 00:02:40.260 is the setup of digital urban, 62 00:02:40.260 --> 00:02:43.200 starting with a new digital urban India. 63 00:02:43.200 --> 00:02:45.184 Could you tell us more about this digital urban? 64 00:02:45.184 --> 00:02:47.600 It's a new concept in that sense. 65 00:02:47.600 --> 00:02:50.550 So we are not talking about the traditional offshore model. 66 00:02:50.550 --> 00:02:52.330 We are not talking about what they call 67 00:02:52.330 --> 00:02:54.780 the Global Delivery Centers or the GDCs. 68 00:02:54.780 --> 00:02:58.130 We are talking about building the center of excellence 69 00:02:58.130 --> 00:03:01.740 where we have new product development capabilities, 70 00:03:01.740 --> 00:03:05.750 new data delivery capabilities, cyber security capabilities, 71 00:03:05.750 --> 00:03:07.890 some of the new product development skills 72 00:03:07.890 --> 00:03:09.150 that we never had before. 73 00:03:09.150 --> 00:03:12.362 The first came operational in India about a few months ago. 74 00:03:12.362 --> 00:03:15.180 We are already close to 600 people there 75 00:03:15.180 --> 00:03:18.460 and the team is already creating great outcomes 76 00:03:18.460 --> 00:03:20.600 that we are really looking for and we are quite proud 77 00:03:20.600 --> 00:03:22.492 of what we accomplished so far. 78 00:03:22.492 --> 00:03:25.270 So where does Nissan digital stand today 79 00:03:25.270 --> 00:03:26.412 in terms of value? 80 00:03:26.412 --> 00:03:30.332 Our ambition is to provide 1% revenue growth, 1% overall 81 00:03:30.332 --> 00:03:35.160 cost reduction, and 20% efficiency in my function. 82 00:03:35.160 --> 00:03:37.960 We are very well progressing in all disciplines. 83 00:03:37.960 --> 00:03:39.350 Very specifically speaking, 84 00:03:39.350 --> 00:03:41.470 even the new capabilities we talked about, 85 00:03:41.470 --> 00:03:44.781 artificial intelligence, even cybersecurity, 86 00:03:44.781 --> 00:03:48.150 we have quite a few measurable use cases 87 00:03:48.150 --> 00:03:50.474 where we've driven value back for the company. 88 00:03:50.474 --> 00:03:52.560 From a cost reduction perspective, 89 00:03:52.560 --> 00:03:53.580 we've been measuring the amount 90 00:03:53.580 --> 00:03:56.120 of real cost that we take out from my function 91 00:03:56.120 --> 00:03:57.670 so that we can reinvest that back 92 00:03:57.670 --> 00:03:58.950 into digital transformation. 93 00:03:58.950 --> 00:04:00.080 That is also going very well. 94 00:04:00.080 --> 00:04:02.000 So we are quite happy with the progress 95 00:04:02.000 --> 00:04:03.228 that we've been making that far. 96 00:04:03.228 --> 00:04:04.657 Thank you Alex. 97 00:04:04.657 --> 00:04:06.990 Tony, thank you very much.