Duco Consultancy offers both for sustained growth
Venkat Raman
Auckland, February 27, 2024
Companies that are keen to grow and diversify their products and services should have in partnership an organisation that has the experience and expertise to combine management with state-of-the-art technology, says one of New Zealand’s most successful corporate executives.
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Chandan Ohri is known to the business world for his earlier assignments as a Chartered Accountant and a top executive in two multinational companies including KPMG and IBM.
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A little-known fact is that he is a Licenced Immigration Advisor, duly registered with the Immigration Advisors Authority of New Zealand,
But his role as the Founder and Chief Executive of Duco Consultancy, a multinational company with offices and clients across three Continents is becoming increasingly central to enterprises with ambition looking for appropriate solutions.
Global Focus in pursuit of excellence
Mr Ohri describes Duco Consultancy as a globally focused and dynamic enterprise, dedicated to delivering excellence.
“Our unwavering commitment to providing expertise, rather than mere information, allows us to tailor solutions that confer a competitive advantage to your business. There is no one-size-fits-all approach in our Company. We recognise and comprehend the distinct requirements of our clients and develop solutions to unlock their full potential requirements. We work with them to comprehend the evolving market trends and respond accordingly,” he said.
His association with Indian Newslink dates back to 2002 when he migrated to New Zealand.
Despite professional qualification as a Chartered Accountant, Mr Ohri did a brief stint at Burger King, before being invited by KPMG to join its team. He rose to the role of Partner IT Advisory Services before moving to IBM as the Managing Partner (Global Business Services).
His penchant for education and entrepreneurship encouraged him to invest in several institutions catering to education, art and fashion, healthcare, jewellery making and information technology. The businesses were sold before the onset of the Covid pandemic to allow him to concentrate on the veritable combination of business and technology.
Duco Consultancy was established in 2018 with a vision centred on affordable excellence.
As a business-led and technology-enabled organisation, Duco Consultancy works with its clients for the implementation of Enterprise Resource Planning, Customer Relationship Management Systems, Business Process Re-Engineering, Programme and Change Management, Data Solutions, Architecture Integration and Artificial Intelligence.
“We partner with several multinational giants including Microsoft, Oracle, Amazon Web Services, IBM, Stibo systems and Atlassian. We are spread across New Zealand, Australia, USA, Fiji and India with more than 200 staff providing services round-the-clock,” Mr Ohri said.
The new world of AuxiBot
Mr Ohri was at our offices on February 20, 2024, for his first Video and Podcast, to promote the products and services of his company, arguably the most exciting of which is AuxiBot, a versatile generative AI framework designed to support businesses.
Developed by Duco Consultancy, this is a ‘constantly improving product.’
“AuxiBot simplifies technical jargon and provides services like information retrieval, customer service, and data visualisation. It incorporates advanced features including a custom search engine, charting, data source integration, Natural Language Processing, and machine learning,” he said.
AuxiBot has now been installed on the Indian Newslink website (www.indiannewslink.co.nz) with our mascot Jumbo attempting to solve your queries.
Mr Ohri said that AuxiBot offers multilingual support, and cross-platform integration and utilises emerging technologies.
“Prioritising data protection, AuxiBot provides end-to-end encryption, secure data storage, regular security updates, and secure API integrations. It is tailored for tech-savvy professionals and business decision-makers, offering a friendly and approachable interaction experience,” he said.
According to Harvard Business School, worldwide business spending on AI is expected to hit US$ 110 billion this year, even after the global economic slump caused by the Covid-19 pandemic and the ongoing wars in Ukraine and the Middle East.
Harvard Business School Management Practice Professor and Co-Leader of ‘Managing the Future of Work’ Joseph Fuller said that virtually every big company has multiple AI systems and counts its deployment as integral to its strategy.
Editor’s Note: ‘Managing the Future of Work,’ is a research project that studies in part the development and implementation of AI including machine learning, robotics, sensors and industrial automation in business and the work world.
When AI was conceptualised, the popular assumption was that its future would involve the automation of simple repetitive tasks requiring low-level decision-making.
But AI has rapidly grown in sophistication, orchestrated by powerful computers and the compilation of huge data sets. One branch, machine learning, notable for its ability to sort and analyse massive amounts of data and to learn over time, has transformed countless fields, including education.
Finance Automation at Duco
Increasing compliance has placed increasing emphasis on financial management and discipline, and AI is revolutionising this process.
Saif Parkar, Oracle Practice Director at Duco Consultancy said that Finance Automation is the process of using technology to automate financial processes and workflows.
“Finance Automation is becoming an essential component of modern finance due to its capacity to organise financial processes, increase effectiveness, and lower the possibility of mistakes. By automating finance processes, businesses can focus on strategic work, improve customer experience, and free up time and resources,” he said in his blog posted on the company’s website.
Finance automation has become a crucial tool for organisations to achieve more efficiency and accuracy in their financial processes as they increasingly rely on technologies to optimise their operations.
“Across the board, Cloud-based solutions, such as SaaS, PaaS and IaaS offerings have become more prevalent. The benefits are immense,” Mr Parkar said.
Mr Ohri is proud of his team, which he said is characterised by a blend of technical prowess and a steadfast focus on quality, simplifying the intricate IT landscape.
“We offer pragmatic solutions that empower decision-makers in pursuit of thriving businesses. At Duco Consultancy, the success of our clients is not just a goal but an integral part of our narrative. Our team is dedicated to empowering businesses and fostering innovative technology for the future. We are creators, problem solvers and architects of digital transformation,” he said.
Mr Ohri continues to invest in human capital to maintain the Company’s status as the provider of cutting-edge business solutions to cater to the exacting demands of the market.
