Dr. Sunny Dronawat is the CIO of the Quantum Group. Headquartered in New York City, it provides point-of-sale credit card processing, Check Guarantee, Web-based E-commerce solutions, Cash Advance Funding and host of ancillary products such as- Electronic Health Records, Social Media Marketing, Business Concierge Services, Payroll and Paycard. Dr. Dronawat is the past CTO and VP of E-Commerce at LISG and Integrity Life, Western Southern Financial Group. Sunny has over 15 years of experience in Marketing, IT and Entrepreneurship. His background includes health care, education and practice in market research, financial services, IT, and engineering. Sunny has Ph.D., University of Louisville; MBA, University of Louisville; MS, Biochemical Engineering, NITK, India; BS, Chemical Engineering, Karnataka University, India

Top trend shaping the industry

One of the top trends shaping the industry is definitely cloud computing. Everyone today is more open in adopting and moving on to the cloud. The mobile payment and the mobile devices are also changing the way we do business. These are two trends that are pushing the way we do business. But the biggest question that remains to be addressed is ‘what can be moved on to the cloud?’ From reporting to merchant transactions to credit transaction, can all be done on the cloud. Also with more and more tablets and smartphones coming in, the whole industry is entering a new phase.

Promising technologies CIOs must adopt

As a CIO you have to make sure that you do not jump into the first technology that comes across. You have to make sure that these technologies comply with the constraints, requirements and regulations of the industry.