The Techno Fair 2019 organized by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) was inaugurated yesterday.
The digital accounting expo which is the first of its kind showcased a diverse range of digital products and services available in the market for businesses and finance partners.
“This is not a workshop but an experience of all technological development happening around the world,” said President, CA Sri Lanka, Jagath Perera. This paves the way for members of the CA Sri Lanka to listen to and experience some of the digital products available in the market which could be incorporated in their business processes.
Today the world is embracing the technology resulting in drastic changes on how businesses are done. Majority of the human processes done at businesses are now automated.
“Thus we should reorient ourselves to use this advancing technology to change the future,” he said. With the introduction of bots, all businesses processes with human intervention are likely to be replaced in the future. Thus there is fear within the business and finance industries regarding the impact of automation in work force. “Half a billion people will lose jobs with this transformation but at the same time more than half a billion jobs will emerge,” said Group Chief Operating Officer, Dialog Axiata, Dr.Rainer Deutschmann.
Deutschmann further said that it is crucial to have an organization that is exposed to technology and a staff that has the skill to accommodate those changes.
The fair featured local and international digital products and services ranging from automation, artificial intelligence, block chain, big data, cloud computing and data analysis. Chartered Accountants, Corporate Leaders such as Chairmen, Partners, Managing Directors, Vice Presidents, CEOs and CFOs attended the fair.
0 comments: