Published on February 14, 2014
Information Excellence 2014 Spring Summit Business Analytics
Dept of Management Studies, IISc Harvesting Management And Analytical Talent from 1947 The origin of the Department can be traced back to 1947 when the Section of Economics and Social Sciences was setup in 1947. This pioneering step was largely a result of the long-term vision of J.N. Tata, which had sown the seeds of management education and research in the country. Thank You for the Hosting the Business Analytics Industry Summit
NASSCOM AIG Thought leadership on structuring the growth strategies for India To emerge as the Analytics Hub Thank You for the Support and Anchoring the Panel on Analytics Talent Development
Information Excellence Group Harvesting Information Excellence Progress Information Excellence Towards an Enriched Profession, Business and Society
Information Excellence To Me Is….
Information Excellence 2014 Spring Summit Business Analytics Information Excellence to me is deriving relevant policy implications from the large and growing volume of secondary data on various macroeconomic variables to refine Indian economic policies in such a way as to maximize economic welfare of an average Indian. - Prof M H Bala Subrahmanya, Chairman, Department of Management Studies, IISc
Information Excellence 2014 Spring Summit Business Analytics A great forum for organizations & BI professionals to come together to share & learn from each other’s experiences. - Vineet Mehta, Group Manager, Enterprise BI, Target Corporation
Information Excellence 2014 Spring Summit Business Analytics Sharing of minds connected with best practices of all aspects of ‘data to insights’ processes, technologies, businesses and education. - Dr Rajaram Kudli, Analytics Education and Innovation Evangelist, Prajnan Enterprises
Information Excellence 2014 Spring Summit Business Analytics The ultimate breakthrough benefits a organization can derive based on data: •Delight Customers by providing them awesome experience in using the product •Build Innovative new offerings based on data about existing customers Information excellence is how we can connect technology, process and business to data to achieve these goals. - Neeta Pande, Data Architect, Intuit
Information Excellence 2014 Spring Summit Business Analytics Creation, Collation, Reporting and Analysis of data for rapid conversion into knowledge to drive business outcomes - Ravi Shankar P, AVP, Infosys BPO
Information Excellence 2014 Spring Summit Business Analytics Availability of insightful information to the right people at the right time that helps accurate and fast decision making - Tejas Sanghavi, VP, Analytics Academy, FRACTAL
Information Excellence 2014 Spring Summit Business Analytics A conflux of domain , cutting edge technology, hungry minds and selfless volunteers, looking for next wave in IT applications - Dr J B Simha, CTO, Abiba Systems
Information Excellence 2014 Spring Summit Business Analytics Path Way to Competitive Advantage – Corporate, Professional or Personal Ability to Distill the Data to Role Specific Actions Digital Oxygen for the Business Survival Operationalizing the “Decision Process” with “Decision Factors” - Nagaraj Kulkarni, COMPEGENCE
Information Excellence 2012 Spring Summit DATA DYNAMICS Information Excellence in organizations is about having a sustainable information pump that will enable employees to have access to right & trustworthy business insights, at the right time on the right devices, in their preferred formats to make right business decisions resulting in competitive advantage. - R.N. Prasad AVP, Infosys Limited Data is everywhere, putting data in a meaningful way is information but innovation of valuable hidden meaningful information out of those meaningful information is Information Excellence. -Asit Piri Data Architect, HP
Information Excellence 2012 Spring Summit DATA DYNAMICS Information Excellence involves the entire life cycle of processes – From access to acuity Dredging to delivery Extraction to evaluation Understanding to use of information for achieving efficiency and effectiveness in all activities—individual, organizational, societal -Prof. Shalini Urs Exec Director, ISIM, Mysore
Information Excellence 2012 Spring Summit Data Dictionary Data Governance Data Model Information Excellence DATA DYNAMICS -Efficiency and effectiveness of getting information from large data which determines the quality of decision making process and eventually business success. You need to establish information framework based on five elements - Data Dictionary, Data Model, Process Model, Data Interface, Data Governance. (Source: Bojan Ćirić) Data Interface Process Model -Prof Balasubbaraman Guruswamy KCE, CSI Bangalore Chapter Chair
Information Excellence 2012 Spring Summit DATA DYNAMICS Learning to distil that one ounce of actionable wisdom from the flood of data all around us. -Chidambaram Kollengode Sr Director, Nokia -Is gathering, transforming and analyzing data to drive key decisions that constantly shapes companies growth and builds competitive advantage. It is the key to keep organization one step ahead in managing dynamically changing market and client expectations to their advantage. -Processing the right data at the right time to create actionable insights -Sarfaraz Hafiz Project Manager, Target India
Information Excellence 2012 Spring Summit DATA DYNAMICS Excelling in interpreting the information out of the data -Srini Rengarajan, BI Head, Collabera -Availability of high-quality information is increasingly important for the quality of critical business processes because it enables people within the processes to make the right decisions and perform appropriate actions, how to achieve the maximum of information potential in decision making process for a reasonable price is Information Excellence me…. -Prashanth Chandrashekar Project Manager, Target India
Information Excellence 2012 Spring Summit Decision Excellence for Competitive Advantage through the exploitation of: • More detailed and specific information • More comprehensive internal and external data • More in depth analysis • More insightful Actions • More rapid response to business events • More precise response to customer events -Nagaraj Kulkarni COMPEGENCE DATA DYNAMICS
Information Excellence 2012 Spring Summit DATA DYNAMICS when the Right information is available to the Right individual at Right time through Right platform Enabling the overall information value chain to operate Repeatedly and produce desired business Results with Reliability - Piyush Malik IBM Business Analytics & Optimization
Information Excellence 2012 Spring Summit DATA DYNAMICS It is becoming a norm to visualize business data since 80% of people who use data understand it better through visualization than presented as a table. Good visualization provide quickest way for sensing information by passing the logical interpretation by brain. This quick insight provides good base for decision support. However, most of the visualization in the current solutions are constrained by fancy/entertaining gadgets like animation, unnecessary color, inappropriate chart for making effective extraction of relevant information. Therefore.. "Information Excellence is the capability of an organization to reduce the cognitive overload to make an evidence based decision by providing information, context and reason to take a decision". - Dr. Jay Bharatheesh Simha CTO, Abiba Systems
Information Excellence 2012 Spring Summit DATA DYNAMICS -Using information in an optimal way to achieve my own competitive advantages. -Improved availability of timely, accurate and relevant information to support process performance and informed decision making. -Achieving the maximum of information potential in decision making process at a reasonable cost. Venugopal Krishnan Sr Consultant and Data Architect, TCS Memento s Host Organizer s Raffle s Online Media Partner Raffle s Welcome Kit http://informationexcellence.wordpress.com/category/spring-summit-datadynamics/
Information Excellence 2012 Spring Summit DATA DYNAMICS “There are five key elements (data dictionary, control framework, business model, interfaces, data governance) when properly harvested will produce Information excellence that allows the customer to stay connected with personalized services. These include analytics, mobility, social business, and cloud. Information excellence is judged by the quality, agility and the ability to make it actionable for desired outcomes” -Chandu Makkavalli Director, Deloitte Consulting
Information Excellence 2012 Spring Summit DATA DYNAMICS Best place for professionals to connect with Industry experts and to share/Increase knowledge in Business Intelligence domain. - Srinivas Eranti Accenture The confluence of institutions, experts and ideas for creating a better tomorrow - Senthil Nathan Abiba Systems
Information Excellence 2012 Spring Summit DATA DYNAMICS Network of professionals to connect with specialists - Subrahmanyam DVR Enterprise Architect, Intel Convergence of like minded experts sharing their knowledge of best practices and early trends. Personally to me, it means networking and giving back to community - Neerav Joshipura IBM Global Services - Global Delivery
Information Excellence 2012 Spring Summit DATA DYNAMICS It means all aspects of information – being able to record – keep it secure and private- deliver it fast – and to convert information to intelligence. Excellence in all areas of information – storing, managing, securing and acting with information - Niranjan Thirumale CTO, EMC India CoC Ability to use it substantially and constantly for improving business operations to excel and better decision making; it truly becomes an asset and balance sheet item - Sridhar Gopalkrishnan Founder and CEO of Xurmo
Information Excellence 2012 Spring Summit DATA DYNAMICS To being in a state where you are comfortable taking a decision. •Powered with necessary data to make decisions •Have the necessary data to collect and collate information •Able to communicate and distribute information in the best possible manner. -Dr. N. R. Srinivasa Raghavan, SVP-R&D, GDM,Citicorp Bangalore That one critical differentiator between market leaders and wannabe’s. - Aditya Yadav, ATS/R&D head SunGard India
Information Excellence First 2012 Spring Summit DATA DYNAMICS - Having instinct for more information Second - Creating original concepts with recognizable patterns from data Sanskrit – knowledge about knowledge- niya krithe varthathe eva nithyam - Mahesh Velapakam, GM - Analytics & IM Services, Healthcare & Manufacturing, Wipro Complete and right information at right time to right people in right form. - Dr. Mukund Mohan, Chief Architect, IBM India BOA CoC
Information Excellence 2012 Spring Summit DATA DYNAMICS Competitive advantage - Sreedharan Srinivasan, Manager, EIS Architecture & Delivery, Ironmountain Enabling decision making – spectrum of data, info, knowledge, outcomes ,actions Enable actions – policy decisions – smarter planet –make lives better - Naren Peri, Delivery Unit Head, Mu Sigma
Information Excellence 2012 Spring Summit DATA DYNAMICS Basically It is a dissatisfier- something basic needed for survival It is the only way to do business – only way for survival Companies that do not invest in IE as a philosophy will be wiped out - Iqbal Kaur, Director, Analytics & Reporting Target Data to Insights through Science – S H Srinivasan Head of Komli Labs
Information Excellence 2012 Spring Summit DATA DYNAMICS Using the right information for the right purpose Using right information to develop and execute the strategy - Vijaya P H Deepti, VP &Head of Global Delivery Insurance unit, TCS Good Data and Data Quality Big problems originate mostly from small issues like bad data and data quality – Ashish Vikram Vice President - Engineering, User Data and Analytics (UDA) at Yahoo!.
Information Excellence 2012 Spring Summit DATA DYNAMICS Currency of the future Data => Information => Insight => Decision => Action => Results - Deepak Swamy, Head, Corporate Product Strategy, Products, Platforms & Solutions, Infosys It ought to Augment the quality of business decision - Sanjiv K R, Sr. Vice President - Analytics & Information Management Services, Wipro
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