Harvesting "Information Excellence"


Summit Sumary: 2015 Feb 28th Business Analytics Industry Summit by informationexcellence
April 15, 2015, 5:22 pm
Filed under: 2015 Spring Conference

Information Excellence 2015 Business Analytics Industry IEG 20150228 Summit BrochureSummit highlighted industry case studies in the information use and data analytics for improved business efficiency and impact of big data on business operations. This is the 6th Summit session from IEG.

The summit hosted by the Department of Management Studies, IISc. The Satish Dhawan Auditorium was packed to the capacity with 250+ participants; with registrants from across the industry spectrum, academic faculty and IISc Student community.

Speakers shared their thoughts on how the analytics is being used in the industry to drive business growth. Lively interaction by the audience with the speakers showed immense audience interest in the talks.

The Summit also highlighted the need for closer Academia and Industry Interaction. It specifically 20150228 Spring IEG Audienceemphasized the need for A) bringing the real life challenges that could benefit from the research from leading academic institutions and B) industry adopting the leading edge research output from the institutes like IISc. There were specific action items from many participant industry leaders in progressing this call for action from the Institute (Indian Institute of Science).

The summit Presentations are available (where share permission granted) on the http://www.slideshare.net/informationexcellence/presentations

Summit Summary:

Prof Chiranjit MukhopadhyayProf Chiranjit Mukhopadhyay, Professor of Statistics, DoMS, IISc (Preso Link)

 Prof Chiranjit kicked off the Summit with a brief overview of the IISc and the Department of Management Studies.

  • The Institute was founded on May 27, 1909; as a “University of Research”, Conceived by Jamsetji Nusserwanji Tata (J N Tata) with inspiration from Swami Vivekananda and land granted by the Mysuru Maharajas
  • Department of Management Studies is the first management institute in the country, founded in 1947. Offering Master of Management Program as well as PhD in Management Studies (~50 researchers pursuing Doctoral Degrees)

He articulated the Business Analytics to be the discipline addressing the following three connected issues:

  • Data Management & Technology Exploitation
  • Data Analysis & Optimization
  • Automated Decision Making

 Prof Chiranjit articulated the importance of this interdisciplinary area involving Computer Science and Engineering, Statistics and Machine Learning and OR & Management Science. His Welcome Note set the tone for the rest of the day with the focus and intent on how to leverage the technology and data towards effective business and societal decision making.

Prof Govindan RangarajanProf Govindan Rangarajan Chairman, Division of Interdisciplinary Research, IISc

 In the Inaugural session, Prof Govindan Rangarajan brought to fore the rapid emergence of new technologies and the resultant digital revolution. Together, they would change the way we live and conduct our business, in the near future.

Prof Rangarajan articulated the interaction between Academia and Industry is inevitable due to rapid emergence of new technologies; and the need for the two (Industry and Academia) to work together to adopt the advances in technology and research towards positively adopting the digital revolution. He called for focused engagement between the Academia and Industry. This was further detailed out between the industry leaders and IISc Faculty in the focused lunch meeting discussion.

Dinakar AdhyamDinakar Adhyam, Managing Director, Saint-Gobain Sekurit India Ltd

Dinakar shared his thoughts on Information Excellence: It is a lever and decision tool towards

  •  Control on cost, quality, service & value,
  • Minimize overheads & Maximize value and
  • Linking strategic vision to robust daily management.

Dinakar defined 5 levels for achieving information excellence:

  • L1- Real time data interchange
  • L2 – TQM, Kaizen, Six Sigma,
  • L3 – Extract intelligence,
  • L4 – Combine managerial Innovation with technology,
  • L5 – Balancing IT strategy with Business strategy.

 Top Tweets for the session from Dinakar Adhyam:

Kamlesh ® ‏@kamleshrao  Feb 27

IT is no more about Computers and Technology than astronomy is about telescopes #InfoExcel

Kamlesh ® ‏@kamleshrao  Feb 27

Manufacturing Industry – Cost, Quality, Service and Value #InfoExcel

Siddharth Dixit ‏@siddharthdixit1  Feb 28

#InfoExcel Mr. A Dinakar lucidly explained what top management looks for after investing into IT.

Siddharth Dixit ‏@siddharthdixit1  Feb 28

#InfoExcel Mr. A Dinakar lucidly explained what top management looks for after investing into IT.

Kamlesh ® ‏@kamleshrao  Feb 27

Pervasive Computing – 1 PC per 1.5 employees at Saint Gobian #InfoExcel

Manoj Gunasekaran ‏@ManojG20  Feb 27

1 PC per 1.5 employees in Saint-Gobain… #InfoExcel #IISc

(Note; It is a manufacturing company, still 2 PCs for every three employees!)

Siddharth Dixit  ‏@siddharthdixit1  Feb 28

#InfoExcel Mr. A Dinakar lucidly explained what top management looks for after investing into IT.

Manoj Gunasekaran ‏@ManojG20 Feb 28

Transition from “Chances favors prepare minds” to.”Chances favors connected minds” in IT… #InfoExcel #DataSciencw

Kamlesh ® ‏@kamleshrao  Feb 27

Pervasive Computing – 1 PC per 1.5 employees at Saint Gobian #InfoExcel

Manoj Gunasekaran ‏@ManojG20  Feb 27

80% of Saint-Gobain Chennai’s water needs are met through rain water harvesting… #InfoExcel #IISc

Kamlesh ® ‏@kamleshrao  Feb 27

3 activities 10 locations 1600 employees – Thats Saint Gobian in India #InfoExcel

Kamlesh ® ‏@kamleshrao  Feb 27

Saint Gobian founded in 1665! #InfoExcel

Kamlesh ® ‏@kamleshrao  Feb 27

Mr. Dinakar from @saintgobain begins his first session at #InfoExcel A Top Management Persepective

Ramesh BhashyamRamesh Bhashyam, CTO, Teradata R&D labs (Preso Link)

Ramesh presented his thoughts on universal big data architecture and Zeta byte age.

He elaborated on complex dimensions –

  • Value density (measure of extent of processing based on data format),
  • Analytic agility (structured vs unstructured for business intelligence) and
  • Concurrency of data (Frequency of use of data vs infrequency vs one time use).

He explained five I’s:  Implement, Integrate, Improve continuously, generate Intelligence and Innovate using IT

Top Tweets for the session from Ramesh Bhashyam:

Siddharth Dixit ‏@siddharthdixit1  Feb 28

#InfoExcel learnt two new things from Ramesh Bhashyam – Value density of data concept and 5 steps approach towards Big Data

Kamlesh ® ‏@kamleshrao  Feb 28

Infy team now for “Realizing Business Value through Big Data” #InfoExcel #BigData

Manoj Gunasekaran ‏@ManojG20  Feb 28

Value Density – Measure of the extent to which data has to be processed based on form #InfoExcel #IISc #DataScience

Kamlesh ® ‏@kamleshrao  Feb 27

And back to basics – The V’s – Volume Variety Velocity Value #BigData #InfoExcel

Kamlesh ® ‏@kamleshrao  Feb 27

Data Driven Decision Making – Acquire, Prepare, Analyze, Validate and Operationalize #InfoExcel #BigData

Manoj Gunasekaran ‏@ManojG20  Feb 27

Big Data = Transactions + Interactions + Obaervations #InfoExcel #IISc #DataScience #BigData

Kamlesh ® ‏@kamleshrao  Feb 27

Its the Zeta Byte Age #InfoExcel #BigData #Analytics

Kamlesh ® ‏@kamleshrao  Feb 27

More data has been created in the last 3 years than in all the past 40,000 years #InfoExcel #BigData and the Unit of Analysis has changed!

Kamlesh ® ‏@kamleshrao  Feb 27

Total data has quadrupled in the last three years #InfoExcel

Manoj Gunasekaran ‏@ManojG20  Feb 27

Data are no longer merely the by-product of process improvement, they r becoming the raw material of business. #InfoExcel #IISc #DataScienc

Kamlesh ® ‏@kamleshrao  Feb 27

Next #InfoExcel topic – “Big Data Universal Architecture” by Ramesh Bhashyam of Terradata R#D Labs

Manoj Gunasekaran ‏@ManojG20  Feb 27

“Data drives but guts decides”.. guts needs wisdom #InfoExcel #DataScience #IISc

Kamlesh ® ‏@kamleshrao  Feb 27

Heard from a participant question – “Data Drives, but Gut decides” #InfoExcel

Manoj Gunasekaran ‏@ManojG20  Feb 27

Important to shift from ‘T’ of ‘IT’ to ‘I’ of ‘IT’ #InfoExcel #IISc #DataScience

Manoj Gunasekaran ‏@ManojG20  Feb 27

Transition from “Chances favors prepare minds” to “Chances favors connected minds” in IT… #InfoExcel #DataSciencw

Kamlesh ® ‏@kamleshrao  Feb 27

The other I’s of IT – Implement, Integrate, Improve, extract Intelligence, Innovate #InfoExcel

VC GopalratnamVC Gopalratnam, President, IT and CIO – APJ&C and Chief of Strategy, Planning & Operations, Cisco India (Preso Link)

Gopalratnam gave CIO perspectives on Data analytics, Internet of things and fast pace of changes in the world.

He explained and deliberated on the emerging state of the next generation of IT:

  • New paradigm (Application centricity, ITaas, Social, Mobile analytics, cloud),
  • Globalization (New business models, Governance and security concerns) and
  • Consumerization (BYOX, Collaboration and flexible consumption models).

Gopalratnam explained that Digital Natives (people aged upto 21 years) are bringing a new way of thinking in flexibility and collaborative working.

He predicted that Inter cloud, FAR computing, video analytics, Policy Engine and SMART everything (City, Hospital, Highway, Factory, etc.) are the future.

Top Tweets for the session from V C Gopalratnam:

 Siddharth Dixit ‏@siddharthdixit1  Mar 1

#InfoExcel it was interesting to listen on 3 undergoing changes, micro segmentation n IoT(E) from V C Gopalratnam

Kamlesh ® ‏@kamleshrao  Feb 27

Queries coming up on Data motion from one cloud to another cloud #InfoExcel #BigData

IoT Attack ‏@iotattack  Feb 27

“Internet of Things” – new term introduced in 2015 edition of #InfoExcel #IoT #Business #Analytics via kamleshrao

Kamlesh ® ‏@kamleshrao  Feb 27

“Internet of Things” – means #InfoExcel sessions are not the repeatative. Happy to know that the we have new content with speakers

Kamlesh ® ‏@kamleshrao  Feb 27

“Internet of Things” – new term introduced in 2015 edition of #InfoExcel #IoT #Business #Analytics

 

Ravishanker N Ravishanker N, CIO, Tatasky (Preso Link)

Ravishankar took the audience on an exciting analytics journey in TataSky.

He explained that hundreds of traits of an individual viewer are analyzed to understand the customer behaviour towards the business objectives of driving organic growth, increasing operating efficiency and reducing the risks in DTH industry.

Ravishanker elaborated that the current focus areas are on leveraging the Social circle, Social media and Sentiment analysis towards positive business benefits and meaningful customer engagement.

Top Tweets for the session from Ravishanker N:

Siddharth Dixit ‏@siddharthdixit1  Mar 1

#InfoExcel learnt from Ravi Shankar how text analytics is used 2 resolve customer complaints n keep churn rate much below industry figures

Kamlesh ® ‏@kamleshrao  Feb 27

Digital TV Subscription is a $ 4 monthly business in India #InfoExcel

Kamlesh ® ‏@kamleshrao  Feb 27

TataSky – 3 Lakh Distributors and Dealers

Kamlesh ® ‏@kamleshrao  Feb 27

@tatasky insights on deliberations talk #InfoExcel

Ramprasad K RRamprasad K R, Chief Technologist andDistinguished Member of Technical Staff, AI & Cognitive Computing, Wipro

Ramprasad explained how BOTS have been used to improve the efficiency of Service Desk in WIPRO. He elaborated on the use of Artificial Intelligence (AI) in IT services in Wipro.

He shared details of Helpdesk automation, Enterprise Business automation, Wipro Intelligent recruitment agent, Wipro ngGenie and Voice BPO. He shared about the Intelligent recruitment AI system that can screen candidates in the first round without any “human” intervention. 

Top Tweets for the session from Ramprasad K R:

Siddharth Dixit ‏@siddharthdixit1  Mar 1

#InfoExcel Ramprasad has developed a curiosity in me about AI. Assisted hypothesis discovery, deep learning, etc were interesting topics

Siddharth Dixit ‏@siddharthdixit1  Mar 1

#InfoExcel Ramprasad’s simple n day to day examples helped me understand and appreciate tremendous effort going on in AI field

Kamlesh ® ‏@kamleshrao  Feb 28

Open Source Technologies can be leveraged for #AI #InfoExcel

Kamlesh ® ‏@kamleshrao  Feb 28

Next time when you go for an Interview at Wipro, probably a BOT will do screening #AI #InfoExcel

Kamlesh ® ‏@kamleshrao  Feb 28

Bots Service Desk at Wipro helps in catagorizing the tickets #InfoExcel #AI

Manoj Gunasekaran ‏@ManojG20  Feb 28

We are not machines, but we do something like machine. Those things can be automated.. #InfoExcel #IISc #ArtificialIntelligence

Siddharth Dixit ‏@siddharthdixit1 Mar 1

#InfoExcel Ramprasad’s simple n day to day examples helped me understand and appreciate tremendous effort going on in AI field

Siddharth Dixit ‏@siddharthdixit1 Mar 1

#InfoExcel Ramprasad has developed a curiosity in me about AI. Assisted hypothesis discovery, deep learning, etc were interesting topics

Ganapathy SubramanianGanapathy Subramanian, Sr VP – Analytics, Infosys

Subramanian gave an overview of real time analytic platform using Hadoop and Spark that can refresh a dashboard every 4 seconds analyzing data from several hundreds of sensors from several thousands of automated vehicles operating inside mines to show possible breakdown and provide an ability to fix the problems before they occur in real-time. He aptly summarized the change and shift towards real time as that of atoms changing into bits.

Subramanian discussed and summarized bigdata in terms of three aspects: Scope, Scale and Ability to Discover

Top Tweets for the session from Ganapathy Subramanian

Siddharth Dixit ‏@siddharthdixit1  Mar 1

#InfoExcel mining Industry example from Ganapathy’s session was interesting. I wish I could see it till end.

Siddharth Dixit ‏@siddharthdixit1  Mar 1

#InfoExcel Ganapathy n Ramprasad’s idea of helping business 2 get rid of mundane jobs n providing capabilities to focus on core jobs

Venkat.KL ‏@VenkatKL  Feb 28

Very Good talk on Big Data and Open Source Technologies by Mr. Ganapathy Subramanian Sr. VP, Analytics, Infosys #InfoExcel

Siddharth Dixit ‏@siddharthdixit1  Mar 1

#InfoExcel Ganapathy Subramanian showed how open source tech can b combined to make products which give enhanced capabilities to end users

Siddharth Dixit ‏@siddharthdixit1  Mar 1

#InfoExcel Ganapathy Subramanian showed how open source tech can b combined to make products which give enhanced capabilities to end users

Cohan Sujay CarlosCohan Sujay Carlos, Founder CEO, Aiaioo Labs (Preso Link)

Cohan explained how text analytics can be used to build products that lead to better conversion rates than Google in B2B marketing. He gave an overview of “Intension Analysis” and associated use cases.

He compared and contrasted pull marketing vs push marketing and elaborated the B2B sales approach effectiveness with push marketing. The solution included iterative multi-step approach with

  1. Identifying prospect categories
  2. Harvesting Contact Details of stakeholder persons (Email Server, Social Media, Company Id)
  3. Identifying a prospect (Text Analytics Steps)
  4. Engaging them with effective conversations

He explained the most likely observed reasons for in-effective B2B sales as the following: 1. Not enough content, 2. No social media followers.

Top Tweets for the session from Cohan Sujay Carlos:

Siddharth Dixit ‏@siddharthdixit1  Mar 1

#InfoExcel Sujay showed how text analytics can b used 2 build products dat has better conversion rates than Google in B2B marketing

Kamlesh ® ‏@kamleshrao  Feb 28

Text Analytics can enable Push Methods, which can be effective #InfoExcel #AI

Kamlesh ® ‏@kamleshrao  Feb 28

Promoting B2B Products is all about Targeting #InfoExcel

Manoj Gunasekaran ‏@ManojG20  Feb 28

Most B2B marketing is “pull” method. “Push” method is possible with AI and it is more effective too. @CohanSujay #InfoExcel #IISc #Marketing

Manoj Gunasekaran ‏@ManojG20  Feb 28

Failure point of B2B marketing – 1.No enough content, 2.No social media followers @CohanSujay #InfoExcel #IISc #Marketing

Manoj Gunasekaran ‏@ManojG20  Feb 28

People selling B2B products dont like to spend money for google ads, but like to get high ratings in search. @CohanSujay #InfoExcel #IISc

 

Bindu NarayanBindu Narayan, Stragetic Projects, HP Global Analytics (Preso Link)

Bindu Narayan explained how text analytics can be used to find proxy for important variables. She discussed measuring the loyalty through “Intension to Repurchase” and “Intension to Recommend”; simplifying the complex process into three actionable outcomes namely: 1. Positive, 2. Negative, 3.Neutral.

She explained and elaborated about Regular Sentiment Analysis and Use of Semantic Similarity.

Top Tweets for the session from Bindu Narayan:

Siddharth Dixit ‏@siddharthdixit1  Mar 1

#InfoExcel Bindu showed how text analytics can b used 2 find proxy 4 important variables. 4 me it is an example of out of the box thinking

Siddharth Dixit ‏@siddharthdixit1  Mar 1

#InfoExcel Bindu showed how text analytics can b used 2 find proxy 4 important variables. 4 me it is an example of out of the box thinking

Siddharth Dixit ‏@siddharthdixit1  Mar 1

#InfoExcel I could relate well to Bindu’s session bcoz she took us through things that I do everyday

Kamlesh ® ‏@kamleshrao Feb 28

NPS – Net Promoter Score – A 10 point scaled single question on intention to recommend #InfoExcel

Kamlesh ® ‏@kamleshrao  Feb 28

Loyalty – Repurchase, Intention to Purchase, Intention to recommend #InfoExcel

Kamlesh ® ‏@kamleshrao  Feb 28

Last session from HP Team on Measuring Loyalty Real Time #InfoExcel

 

Top Tweets for the conference:

Nagaraj Kulkarni ‏@NagarajKulkarni  Mar 2

#InfoExcel Captivated Audience, Engaging Qns, Insightful Speakers; Many “Invaluable n Tax free” budget day takeaways!

Md.Sajid ‏@sajid_rvd  Feb 28

What an awesome way to start with my Saturday,, The seminar, content and all the speakers were flawless.. #InfoExcel

Siddharth Dixit ‏@siddharthdixit1  Mar 1

#InfoExcel I am grateful to DoMS IISc team 4 hosting Business Analytics Industry Summit. I learnt a lot n I m inspired

Siddharth Dixit ‏@siddharthdixit1  Feb 28

#InfoExcel Got to learn many new things. It was interesting to c how text analytics n open source tech r being used to solve business prob

Venkat.KL ‏@VenkatKL  Feb 28

@NagarajKulkarni request you to share PPTs & other useful Links of #InfoExcel Information Excellence Business Analytics Industry Summit

Venkat.KL ‏@VenkatKL  Feb 28

@NagarajKulkarni It was good – #InfoExcel Information Excellence Business Analy

Nishank Tripathi ‏@tnishank  Feb 28

#InfoExcel It was a great experience of listening humble geeks #iisc

Nagaraj Kulkarni ‏@NagarajKulkarni  Mar 2

#infoexcel @siddharthdixit @VenkatKL @kamleshrao @ManojG20 Thank You for sharing your key learnings and takeaways from the conference

Nagaraj Kulkarni ‏@NagarajKulkarni  Mar 2

#infoexcel Thanks to all the participants for making it a proactive summit in the 2015 Spring Conference; Presos to be published by weekend

The summit hosted by the Department of Management Studies, IISc. Sincere thanks to the faculty, students and staff whose support made the summit a huge success.

IISC DoMS Dept Faculty

Volunteer Team Contributing to the Success of the Summit:

Information Excellence Group operates by Volunteers from the Industry and Academia.

The volunteer Team from IISc ensured the summit was well planned and executed, from the speaker reachout to the summit day organization ownership. Thanks to the team that did a great job on this. Thank You  Team!

Rajesh Bhat201502_IISc_DoMS Student Volunteers
Amit Kumar Sendre
Srikanth S
Karthikeyan K
Bidyot Doley
Aditi Tiwari
M Srinivas

20150228_NIFT_Volunteers

The volunteer Duo from NIFT, Bangalore captured the memories and snapshots of the summit. Kudos to Sindhu Senthil and Mananashritha Parvati from NIFT, for finding about this unique conference and approaching the IEG Team to be Volunteer Photographers.

Thank You Sindhu and Mananashritha for capturing the summit unmindful of the full day standing and adding some fashion to this knowledge summit.

Working behind the scenes are many committed information excellence professionals, who volunteer and / or advise for the cause of building a vibrant community and ensuring the community driven knowledge share. Kudos to the volunteer team that worked closely on this summit.

Dr. Abhinanda Sarkar
K L Mukesh20150228_IEG_Volunteers
Kiran Bettadapur
Chid Kollengode
Venugopal Krishnan
Neerav Joshipura
Kanupriya Garg
Sorabh Bajaj
Siddharaj Umrani
Jagadish Puvvada
Gowthaman Basuvaraj
Raghavendra Rao H
Balasubba Raman G
Chandramouli Ramaswamy
Balaji Venkataraman

Sponsor Acknowledgement:

The Organizing Volunteer time acknowledges and thanks the sponsors for the summit, DataXu and COMPEGENCE, for the support.

dataxu_logo_TWOCOLOR_tagline

 

 

COMPEGENCE_logo_with_blue color new





 

Summit Summary by Industry Participant:

https://www.linkedin.com/pulse/notes-from-information-excellence-industry-summit-prasad-chitta

Thanks to Prof BalaSubbaraman G and Dheepa K for the detailed summary notes and collation. Thank you Prasad Chitta for the summary published in the link abobe.

Engage, Support and Grow:

https://informationexcellence.wordpress.com/about/

https://informationexcellence.wordpress.com/engage/

How can I support and contribute to the cause of Information Excellence:

From The Organizations and Institutes:

1)      Venue Support from your company for One Monthly Knowledge Share Sessions  in this Year (3:30 to 6:00 PM on Fridays  OR 10 AM to 12 Noon on Saturdays, Once a month)

2)      Subject Matter Expert Speaker Support to share he expert and emerging knowledge (in detailed, deep dive format, that helps the professionals with deployable-take-away knowledge)

3)      Host and / or Sponsor a Large format session

4)      Support with incremental sponsorship support (mementoes, raffles, welcome kits)

From The Individual Professionals:

1)      Sign up to be a volunteer, and take ownership of a whole monthly session

2)      Offer to speak, Offer to be a back up speaker

3)      Communicate and engage your fellow practitioners and your company

4)      Contribute with your expertise to share and speak

5)      Active contribution to the KnowBase on the informationexcellence site

6)      Volunteers with commitmen to drive these activities further to next level

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