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We bring to you a compilation of the best said quotes by the leaders in analytics, artificial intelligence, big data, machine learning and related fields, who have interacted with Analytics India Magazine over the years. Picked from the Interview archives, these quotes tell a lot about the trends in the industry and its overall growth.
Here goes a compilation of 20 Quotes from Indian Analytics Leaders. Have an insightful read.
ARUN SINGHAL, PRODUCT MANAGER, INTUIT’S DATA & ANALYTICS DIVISION
1.“Most companies are looking at real-time analytics and real-time decision-making. Machine learning and artificial intelligence are the key innovative areas in this space today. Earlier, few companies were using ML and Data Science, but now with the availability of cheap computing power it has become mainstream.”
Read the complete interview here
ARVIND SHETTY, PRODUCT MANAGER, DIRECTOR, IBM ANALYTICS
2.“Today, every discussion about changes in technology, business, and society begins with data. In its exponentially increasing volume, velocity and variety, data is becoming a new natural resource.“
Read the complete interview here
VIJAY KUMAR, FORMER ANALYTICS HEAD, SBI
3.“Once the twin challenges of generating high-quality insights and effectively delivering these insights have been resolved, the acceptance and adoption of Analytics will automatically improve, especially when there is sponsorship of Analytics initiatives at the highest levels of the organization.“
Read the complete interview here
SURJIT SWAIN, HEAD OF ADVANCED ANALYTICS, ASEAN BU, THE COCA COLA COMPANY
4.“The path to any actionable insight doesn’t come in one single form. There are many different elements in play, and they are always changing — business goals, technologies, data types and sources, and then some are in a state of flux. Each path to analytics insight should be individually paved with an outcome-driven mindset.“
Read the complete interview here
NIRANJAN RAMAKRISHNAN, CIO, SIR GANGARAM HOSPITAL
5.“Thanks to Big data, Hadoop and other data management techniques that made data analytics in healthcare a new trend, that is now helping in stabilizing and standardizing the quality healthcare service. Good Analytics tool can change the trend of the organization from people centric to process centric, preventing the organization from unexpected losses and errors in decision making thus saving expenses, and increasing the profit.“
Read the complete interview here
UMA TALREJA, CHIEF DIGITAL OFFICER, RAYMOND
6.“Companies struggle with volumes of data and money spent on sourcing, storing, and managing huge volumes of data. Unfortunately, they also struggle to keep up with the value and monetization of data. When it comes to using Big Data, the adage of ‘dream big and smart’ holds truer than ever.“
Read the complete interview here
ROHIT TANDON, SVP & BUSINESS LEADER, GENPACT’S ANALYTICS & RESEARCH BUSINESS
7.“No longer is analytics a post-mortem exercise with the aim of improving results in the future. Analytics is now done real time or pre-emptively in order to create positive impact. From the CEO to the shop floor workers – there will need to be retooling and reskilling to ensure that analytics is used to improve day-to-day operations. Apart from roles such as data scientists, new roles like ‘data engineers’ who are responsible for designing and managing the data architecture will emerge.“
Read the complete interview here
PIYUSH KUMAR CHOWHAN, VP & CIO, ARVIND LIFESTYLE BRANDS
8.“The ability to capture end to end customer information is the biggest challenge for a retailer. The ability to merge structured and unstructured data into an Analytics Platform and be able to generate cohorts effectively is a challenge in today’s landscape. There is sudden surge of data and ability to manage the same and generate meaning out of the same is a challenge.”
Read the complete interview here
RATNAKAR PANDEY, ANALYTICS & DATA SCIENCE HEAD, KABBAGE
9.“We are generating more data than ever before– 90% of the data that we have today is generated in last 2 years alone. This data is coming from a variety of different sources such as voice, text, transaction, sensor, chat, images, videos etc. To handle this fast moving, heterogenous and multimodal data we need to get more entrenched with machine learning and deep learning to make real time analytics driven decisions that will bring maximum value for the customers and companies alike.“
Read the complete interview here
SUMIT PURI, CHIEF INFORMATION OFFICER, MAX HEALTHCARE
10.“Analytics today is the bedrock of any growing business. It has become an important part, more so in healthcare because analytics can help us in bringing improvements in clinical performance, enhance patient safety, productivity and efficiency. There are some very good developments happening on machine learning and artificial intelligence which could potentially have huge impact on healthcare industry. “
Read the complete interview here
CHRIS ARNOLD, WELLS FARGO
11.“When I was a young analyst, people struggled to understand what relevance data had in their lives. Using the word “data” was the quickest way to end a social conversation. I think people outside the analytic world still struggle with the exact relevance of data, however, they have a growing awareness that it is important.“
Read the complete interview here
SUBRAMANIAN MS, ANALYTICS HEAD, BIG BASKET
12.“Analytics is all about customer retention. It not only enables us to better understand why the customer is happy or unhappy about but also helps us manage and address complaints.“
Read the complete interview here
PRAMOD SINGH, CHIEF ANALYTICS OFFICER, ENVESTNET|YODLEE
13.“I look at a healthy data analytics practice as a three legged stool. All legs have to be equally balanced and strong. The first leg is a team of Data Scientists, mostly with PhDs in disciplines like deep learning. The second leg is Analytics Engineering, folks who help build the production system and scale the production, using tools like Hadoop and Scala. The third leg is Business Analytics, with folks who can understand the business problems and circle back with Data Scientists and Analytics Engineers.“
Read the complete interview here
RUPINDER GOEL, GLOBAL CIO, TATA COMMUNICATIONS
14.“As the wonder and mystery of data science begins to wear off…so will the hype (and high prices!) around the data science tools.“
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ASHWIN B, COO, EXIDE LIFE INSURANCE
15.“The market is becoming highly disruptive and at a feverish pace with most of the disruption not coming from the market leaders but from the Start-ups. The biggest differentiator for successful start-ups is that they are not afraid of challenging the status quo.“
Read the complete interview here
RAVI SHANKAR, CHIEF MARKETING OFFICER, DENODO
16.“Data virtualization has enabled companies to gain agility, beyond what was possible using the traditional data integration toolbox. Data virtualization has become key for integrating the data from big data sources and the existing enterprise data, to provide a holistic view.“
Read the complete interview here
KAVITA DWIVEDI, HEAD, ENTERPRISE ANALYTICSM VODAPHONE
17.“Analytics is going to drive businesses for the next decade right from the way they sell, manage their finances, operate, audit, report, interact with customers, product design and pricing…and the list goes on.”
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JATIN SOLANKI, HEAD OF ANALYTICS, COVERFOX INSURANCE
18.“Being into the analytics space for almost a decade now, I have witnessed tremendous transformation from business intelligence to using advanced analytics, for driving business decisions and developing various marketing campaigns. The talent pool is limited which drives the nicheness in the market, and demand is surging as we progress.“
Read the complete interview here
ISHAN GUPTA, MD, UDACITY INDIA
19.“There has been a rising adoption of machine learning and artificial intelligence technologies across multiple industries such as healthcare, finance, education, retail, media, advertising and education. The demand for these sectors has been rising because both domestic and international companies are relying upon India for the right talent.“
Read the complete interview here
NEERAJ SANAN, CMO, SPIRE
20.“AI is a buzzword right now which started somewhere early last year. AI being the buzziest word may not in reality have seen the biggest business adoption till now. It has a lot of potential but the penetration is very low.“
Read the complete interview here
The post A Compilation of 20 Insightful Quotes from Indian Analytics Leaders appeared first on Analytics India Magazine.
