Business Lab

MIT Technology Review Insights

The Business Lab is a sponsored podcast produced by Insights, the custom content division of MIT Technology Review. The Business Lab podcast features a 30-minute conversation with either an executive from the sponsor partner or a technologist with expertise in a relevant technology area. The discussion focuses on technology topics that matter to today’s enterprise decision-makers. Laurel Ruma, MIT Technology Review’s custom content director for the United States, is the host.

  • 28 minutes 19 seconds
    Cloud transformation clears businesses for digital takeoff

    In an age where customer experience can make or break a business, Cathay Pacific is embracing cloud transformation to enhance service delivery and revolutionize operations from the inside out. It's not just technology companies that are facing pressure to deliver better customer service, do more with data, and improve agility. An almost 80-year-old airline, Cathay Pacific embarked on its digital transformation journey in 2014, spurred by a critical IT disruption that became the catalyst for revamping their technology.

    By embracing the cloud, the airline has not only streamlined operations but also paved the way for innovative solutions like DevSecOps and AI integration. This shift has enabled Cathay to deliver faster, more reliable services to both passengers and staff, while maintaining a robust security framework in an increasingly digital world. 

    According to Rajeev Nair, general manager of IT infrastructure and security at Cathay Pacific, becoming a digital-first airline was met with early resistance from both business and technical teams. The early stages required a lot of heavy lifting as they shifted legacy apps first from their server room to a dedicated data center and then to the cloud. From there began the process of modernization that Cathay Pacific, now in its final stages of this transformation, continues to fine tune.

    The cloud migration also helped Cathay align with their ESG goals. “Two years ago, if you asked me what IT could do for sustainability, we would’ve been clueless,” says Nair. However, through cloud-first strategies and green IT practices, the airline has made notable strides in reducing its carbon footprint. Currently, the business is in the process of moving to a smaller data center, reducing physical infrastructure and its carbon emissions significantly by 2025.

    The broader benefits of this cloud transformation for Cathay Pacific go beyond sustainability. Agility, time-to-market, and operational efficiency have improved drastically. "If you ask many of the enterprises, they would probably say that shifting to the cloud is all about cost-saving," says Nair. "But for me, those are secondary aspects and the key is about how to enable the business to be more agile and nimble so that the business capability could be delivered much faster by IT and the technology team."

    By 2025, Cathay Pacific aims to have 100% of their business applications running on the cloud, significantly enhancing their agility, customer service, and cost efficiency, says Nair.

    As Cathay Pacific continues its digital evolution, Nair remains focused on future-proofing the airline through emerging technologies. Looking ahead, he is particularly excited about the potential of AI, generative AI, and virtual reality to further enhance both customer experience and internal operations. From more immersive VR-based training for cabin crew to enabling passengers to preview in-flight products before boarding, these innovations are set to redefine how the airline engages with its customers and staff. 

    "We have been exploring that for quite some time, but we believe that it will continue to be a mainstream technology that can change the way we serve the customer," says Nair.

    This episode of Business Lab is produced in association with Infosys Cobalt.

    16 October 2024, 12:55 pm
  • 22 minutes 46 seconds
    Transforming the energy industry through disruptive innovation
    Our topic today is disruptive innovation in the energy industry and beyond. We use energy every day. It powers our homes, buildings, economies, and lifestyles, but where it came from or how our use affects the global energy ecosystem is changing, and our energy ecosystem needs to change with it. My guest is Nadège Petit, the chief innovation officer at Schneider Electric.
    17 July 2024, 12:50 pm
  • 24 minutes 27 seconds
    Purpose-built AI builds better customer experiences
    Successfully improving customer satisfaction through AI means becoming data-driven, prioritizing employee feedback and resources, and letting business goals guide technology deployment, says senior product marketing manager at NICE, Michele Carlson.
    2 April 2024, 1:30 pm
  • 28 minutes 40 seconds
    Scaling customer experiences with data and AI
    Integrating data and AI solutions throughout the customer experience journey can enable enterprises to become predictive and proactive, says vice president of product marketing at NICE, Andy Traba.
    1 April 2024, 1:30 pm
  • 23 minutes 10 seconds
    Conversational AI revolutionizes the customer experience landscape
    AI can create seamless customer and employee experiences but it’s important to balance automation and human touch, says head of marketing, digital & AI at NICE, Elizabeth Tobey.
    26 February 2024, 2:30 pm
  • 22 minutes 3 seconds
    Data at the center of business
    Operationalizing data allows enterprises to optimize decision-making, deliver growth, and improve customer experiences, according to Mark Birkhead, firmwide chief data officer at JPMorgan Chase.
    21 February 2024, 2:00 pm
  • 29 minutes 1 second
    Providing the right products at the right time with machine learning
    Amid shifting customer needs, CPG enterprises look to machine learning to bolster their data strategy, says global head of MLOps and platforms at Kraft Heinz Company, Jorge Balestra.
    14 February 2024, 2:30 pm
  • 20 minutes 51 seconds
    Building innovation with blockchain
    Deploying blockchain technology can bolster innovation and create a more secure way to bank, according to Suresh Shetty, the CTO at Onyx by JP Morgan at JPMorgan Chase.
    6 February 2024, 2:30 pm
  • 20 minutes 32 seconds
    Start with data to build a better supply chain
    Successful digital transformation starts with the right team, an agile mentality, and a strong data foundation, says global digital solutions manager of procurement and supply chain at bp, Raimundo Martinez.
    17 January 2024, 3:30 pm
  • 29 minutes 9 seconds
    Deploying high-performance, energy-efficient AI
    Investments into downsized infrastructure can help enterprises reap the benefits of AI while mitigating energy consumption, says corporate VP and GM of data center platform engineering and architecture at Intel, Zane Ball.
    10 January 2024, 2:30 pm
  • 26 minutes 12 seconds
    Developing climate solutions with green software
    Deploying sustainable software practices can reduce emissions and infuse greater efficiency, resiliency, and cost-effectiveness.
    18 December 2023, 2:00 pm
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