We also have been investing in newer areas of research such as computational neuroscience, and quantum computing. CISP, Lead Auditor.. He has a keen interest in ensuring that the best of human and machine intelligence is used to drive higher levels of objectivity and reduce bias in decision-making. Other than Moonraft, Ritesh has also worked with Infosys Technologies. We are a better firm for it. Moreover, he harnessed his expertise in analytics for a more significant impact during the COVID-19 pandemic. He has also worked at MarketsandMarkets, Mu Sigma, IBM, and Daksh. We are investing in the right things, but we are not wasting any money on anything (unnecessary). We pause briefly while I bite into a tomato-mozzarella salad and Velamakanni sips his Red Bullonce during a holiday in Europe, Velamakanni and his wife drove past millionaire Red Bull owner Dietrich Mateschitzs house: His story was quite an inspiration! Velamakanni says pointing at the ubiquitous blue and silver can. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Puneet Bhatia is the Co-Managing Partner for TPG Capital Asia and the head of TPG Capital India. But suffice to say that we would want to be public sooner than later. You realize no one had a straight path to success. They tried really hard to keep the car by making payments somehow. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, What Led to Europes Deadliest Train Crash in a Decade, This Week in Crypto: Ukraine War, Marathon Digital, FTX, Vice Chair/Group Chief Exec/Co-Founder, Fractal Analytics Ltd. Ashwath is a member of the executive leadership team and CFO at Fractal, driving growth with efficient capital allocation. His expertise helps build commercial effectiveness, ensuring that customer acquisitions are strategic and profitable with a win-win relationship. Also, decision-making was slowing down., A bad decision taken in time, Velamakanni says, is better than none at all. Brilliant work by my colleagues Karen Shackleton and Cameron Turner with support from Redington. Ever since, he has been serving as a pro bono Technology Advisor & Consultant for the Government of Karnataka Forest Department, delivering data-driven solutions for the conservation of forests and environment sustainability. But AI is such a large and nascent space that there are many victories to be had. Prior to Fractal, Amit worked at Kotak Mahindra Bank across business development and product management roles and at Cedar Management Consulting. Click here to apply, Co-Founder, Group Chief Executive and Executive Vice Chairman, Fractal. He believes in integrating AI to deliver more ingenious innovations, efficient business execution, and product supply in customer-facing industries. He leads capabilities globally for research and delivery in the areas of AI, engineering, machine vision, natural language processing, machine learning operations, and cognitive automation. Gaurav also brings a wealth of expertise in collaborating with CIOs of CPG and retail organizations to architect AI and advanced analytics solutions for addressing multiple business needs in route-to-market, pricing, demand forecasting, and data management. Ed has a long work history in the Property-Casualty insurance industry. Anindya is an expert in solving tough business problems and implementing solutions across the insurance and healthcare value chain using advanced AIML techniques. Prithwish has also worked extensively in primary and secondary sales, BTL marketing campaigns, and supply chain. He has a bachelors degree in Technology from the National Institute of Technology, Trichy, and completed a senior executive finance program from London Business School. Sagar has completed his bachelors and masters in chemical engineering from IIT, Mumbai, and has done research at NCBS Bengaluru, and the University of Karlsruhe, Germany. Rohini joined Fractal to set up the Global Talent Acquisition Capability and lead Special Initiatives. Suraj drives the AI @scale division at Fractal, focusing on novel and innovative solutions involving AI, and engineering. Miten is a member of the executive leadership and alliance team. Fractals mission is to power every human decision in the enterprise and to use the power of AI to help the worlds most admired Fortune 100 companies. She has also done her Masters in Science from the Claremont Graduate University. Deb serves on the Board of Directors at publicly held companies including American Eagle Outfitters, Corning Inc., and Meritage Homes. . (Think broccoli, snowflakes, air bubbles.) This makes Fractal just the second unicorn of 2022 incredible! During his tenure at BT, he completed the UK rollout of the superfast fibre and started the deployment ultrafast fibre. Rohit is the leader of ANZ business, responsible for growth, client development, and P&L. AV: You mentioned Fractal wants to invest and scale up in a lot of new areas. Fractal is a leading player in the artificial intelligence and transformative enterprise decision making space. Sankar is a member of the executive leadership team at Fractal and global practice leader for Banking, Insurance, Healthcare & Technology. Before Fractal, he pioneered high-frequency algorithmic trading in India with Getco/KCG. And were trying to see how we can enable them to access AI and really learn the basics of AI and problem solving. Prashant heads Qure.ai our healthcare business using deep learning to help diagnose disease and recommend personalized treatment plans from healthcare imaging data. Rohan Haldea is a Partner in the Tech & Telco team. He joined BT in 2004 as MD Consumer and joined the board as CEO BT Retail in 2008. We can bring a certain set of skills and capabilities and resources to their success, but eventually, we want them to be, 2010 Google and Microsoft got interested in AI and started investing heavily, 2015 Big global companies started investing in AI, and. Srikanth Velamakanni | Playing it by the numbers. His focus areas are Natural Language Processing, speech recognition, and other technologies at the intersection of human-machine interactions. Think of the IT industry. A transformational leader with a remarkable record of achievement, General Stanley A. McChrystal was called one of Americas greatest warriors by Secretary of Defense Robert Gates. Previously, she has also played consulting leadership roles for Fortune 500 companies in the hospitality, insurance, and CPG industries. Prior to DBC, Dave was Sr. Director of Marketing Analytics in Googles Ads business, where his teams evaluated marketing program effectiveness and developed machine-learning models to route leads to sales. Senior Editor at Analytics Vidhya. San Francisco Bay Area, Silicon Valley), Total number of current Jobs the person has, CB Rank (Hub): Algorithmic rank assigned to the top 100,000 most active Hubs, Number of news articles that reference the Person, Co-Founder, Group Chief Executive and Vice Chairman, Indian Institute of Management (IIM) Ahmedabad, Analytics, automation startups gain as firms look to cut costs due to covid hit, Karnataka introduces Covid-19 tracking platform built by Nasscom, Interview: Srikanth Velamakanni, Co-Founder, Fractal Analytics, Healthcare AI Firm Qure.ai Raises $16M to Expand into New Markets, How Fractals Trial Run uses AWS to power AI-based decision-making, Q&A: Fractal Analytics Co-Founder on Decision-Making and AI, Apax Funds invests $200 million in Fractal Analytics, Young millennials are snacking on careers, Fractal Analytics Humanizes AI: Acquires Behavioral Architecture Firm Final Mile. They became so good in risk management that in 2008, they were the most stable bank, certainly in India from a credit standpoint, because they had such solid mathematical risk models that we had built using analytics and AI predictive models. Before Fractal, he worked with GE, IBM, and Nielsen. Sagar has actively worked with NASSCOM, supporting two initiatives: responsible AI framework and unlocking the value from India open government data (data.gov.in). Sandeep comes with over two decades of supply chain domain experience spread across analytics, consulting, and IT in the CPG and retail industry. He has led several large, multi-year and cross-market analytics engagements, transforming decisions across the portfolio of brands. Ideas worth spreading. Before Fractal, Dinesh was at the forefront of several digital transformation initiatives at Sky UK, such as a 1:1 customer decision platform, enterprise forecasting solutions, ML portfolio optimization, and GCP cloud migration. He has designed a 3P flywheel growth model of People, Products, and Partnerships, with customers in the center is widely recognized to drive SaaS growth.. He has a bachelors degree in engineering from Bangalore University and a masters in systems and operations from IIT Madras. Its an AI-led demand forecasting product aimed at the CPG industry. Even as you see increased interest in analytics, bigger IT companies are getting into it. As a Senior Vice President at 21. Based in London, he is responsible for driving customer success for Fortune 500 clients in the US, UK, and Europe. Right from the early days we decided we wouldnt appoint one single CEO. Als specialty is bringing teams together to work on the key areas of; trust,meaningful conflict, commitment and clarity. We don't have to really be hyper-aggressive. Deb is an advocate for the health & education of children. He did his Masters in Industrial Technology from Eastern Michigan University, Michigan, USA. Deb is a Partner at Council Advisors (CA) where she spearheads their digital transformation practice and is a senior advisor to World 50, a C-Suite Leadership Development & Networking Company which houses the G100 Network. Kathy is published in industry-leading publications, including Forbes, Ad Age, Ad Week, eMarketer, CMO.com, MediaPost, Business Insider, Tech Crunch, GigaOM, Mobile Marketer, Venture Beat, and Internet Retailer. He is keen on delivering insights at scale by bringing in the relevant data to power AIML and democratize consumption. Her past industry associations include her role as a Former Independent Director, for Cyient, Ltd., (the former InfoTech), a public company in Hyderabad, India, where she chaired the Strategy & Client Engagement Committees, and the Diversity & Inclusion Subcommittees of the Board. You had shared earlier about building the company for 100 years. The first year was pure startup mode, like sleeping in the office type of situation. She has been working on various initiatives to encourage STEM education for girls. In this wide-ranging interview, we discussed multiple topics, including: Srikanth co-founded Fractal Analytics in 2000, well before analytics and AI were entire industries. He has an MBA from Indian Institute of Management, Ahmedabad, Bachelor of Engineering, Control Systems from Madras University, and Big Data Opportunities, Challenges & Applications certificate from Massachusetts Institute of Technology. Kathy is a serial entrepreneur and founder of several technology companies, from ideation, scaling up to combined revenue of $45MM. Plaksha University is established under the Punjab government's 'Punjab Private Universities Policy 2010'. Additionally, Sandeep is helping take Fractals healthcare AI product (Qure.ai) to market. Other than Moonraft, Ritesh has also worked with Infosys Technologies. Thank you, Fractalites, women and men, for making Fractal a great place to work for women for the third year in a row. There is a lot to think about and learn from Srikanth and hence we are publishing this interview for our community. He has done his Bachelor of Engineering in Information Science and Technology from Bengaluru University. He also focused on the growth of newly acquired relationships across verticals and led their delivery to create scaled strategic client partnerships. Profile . Mrunali is passionate about ensuring digital programs are set up for success with a design first approach driving high adoption. So that's really where we want to be. In his work, he has brought the business side of learnings to the AI world, consulted, and grew global client relationships across retail, CPG, and hospitality industries, and has been a partner to over 25 Fortune 500 enterprises. He has done his Bachelor of Engineering in Information Science and Technology from Bengaluru University. Please enter your registered email id. However, from a competition standpoint our clients win rate is significantly higher. Pavan is passionate about selling large and complex deals to Fortune 500 clients based in the US and Europe across industries. Prior to Square, he was VP of Analytics/BI at Disney Interactive Games, and at Playdom, which Disney acquired in 2010, where he used data to help Disney create and market social, mobile, console and MMO games. Gaurav is a Client Partner and head of Trial Run in the business experimentation platform at Fractal. The son and grandson of Army officers, McChrystal graduated from West Point in 1976 as an infantry officer, completed Ranger Training, and later, Special Forces Training. A disagreement on the forward path for Fractal? With 20 years of global consulting experience, Abhi continues to be an evangelist on the use of artificial intelligence, machine learning, and analytical models in automating business processes and streamlining operations. He also played a significant role in developing enterprise software for IBM, Rakuten, and others. Since Srikanth co-founded Fractal in 2000, the company has raised more than $300 million USD from private equity investors and has empowered more than 100 Fortune 500 companies with its AI, data, and analytics-driven business strategies. Fractals mission is to power every human decision in the enterprise and to use the power of AI to help the worlds most admired Fortune. How do you use fancy math to help companies make money? He has over 21 years of experience leading technology teams across cloud engineering, SaaS operations, and product development. Happy learning! Shashank Singh is a Partner and Head of the India office of Apax Partners, the global Private Equity fund. She also served as President & Senior Executive Officer of P&Gs $15 billion Asian Business & for P&Gs $15 billion Baby Care Business. What does the investment mean for the Community and the data science ecosystem at large? He also has expertise in building data engineering and AIML capabilities on public clouds specifically Google Cloud. By regret, if you mean, would I do some things differently if I knew what was happening? Prithwish is a Client Partner for Fractals retail practice. If you are a winner-takes-all market, you want to expand so fast that scale and speedaremore important than profitability for a long time. She has the expertise in enabling enterprise digital transformation by translating business goals into D&A strategy, leveraging data science, data engineering, and design thinking. Mrunali has over 25 years of experience in the CPG industry, leading brand P&L, marketing insights, analytics operations, and client partnerships. Pavan is passionate about selling large and complex deals to Fortune 500 clients based in the US and Europe across industries. Another fantastic looking agenda with some great speakers Browse the library of TED talks and speakers. He has a keen interest in harnessing the power of cloud technologies to drive AI, engineering, and design basis data engineering and AI solutions that deliver impactful and sustainable business outcomes for clients. Quantum computing is an area of research for us. Become a Premium member Start free trial. He graduated from Cambridge University with an MEng in Chemical Engineering. Srikanth Velamakanni is the Co-founder, Group Chief Executive and Executive Vice Chairman of Fractal. Prithwish has a keen interest in enabling client value realization through the ethical use of data and analytics. Can you share more about how you are building it? Sumit is a Client Partner and leader in Technology, Media & Entertainment practices. Ashlee Vance explores innovations in new tech, software, engineering, and science in places outside of Silicon Valley. Every minute of this journey has been super fun. Gaurav is a Client Partner and head of Trial Run in the business experimentation platform at Fractal. Education:Bachelor of engineering, IIT Delhi; MBA, IIM Ahmedabad, Current Designation:Chief executive officer and co-founder, Work Profile:Joined ANZ Investment Bank in 1998 and then moved to ICICI Bank before setting up Fractal in February 2000, Management Inspiration:Velamakanni and his partners try to pick up and implement policies from other top firms. Dinesh is a Client Partner and member of the APAC leadership team. Her responsibility for the global Walmart Technology portfolio included both Information Systems Division(ISD) and Global Back Office Solutions. Since Srikanth co-founded Fractal in 2000, the company has raised more than $300 million USD from private equity investors and has empowered more than 100 Fortune 500 . And the second aspect of it is deploying them. Akhil has also developed subrogation models from unstructured data using text mining algorithms and HPC tools. Prior to Fractal, Ajoy was the Country Credit Risk Head for the consumer portfolio of Barclays India. Neelam is currently a Non-Executive Director at ICICI Bank Limited, Capita PLC and Yatra Online Inc. She is also the Chairperson of Capillary Technologies, a young startup. Since retiring from the military, McChrystal has served on several corporate boards of directors, that include Deutsche Bank America, JetBlue Airways, Navistar, Siemens Government Technologies, Fiscal Note, and Accent Technologies. Prior to Wachovia, she was a part of the CEOs Office of Bearing Point, the former KPMG Consulting. Now human intuition, Velamakanni explains, is to assume that a history of long periods of delinquency before charge-off means that the borrower is a bad customer. Under Debs leadership of P&Gs Live, Learn and Thrive Program, Asia delivered more than 325 million Liters of clean drinking water to Asias poverty ridden and disaster struck areas improving the lives of more than 100 million children in Asia. Rohit has worked with some of the most admired ASX 20 brands in BFS, insurance (P&C, health), telco, CPG, and aviation. When Fractal was $4-5 million in revenue and I thought it was very useful, so I will recommend that. And were trying to see how we can enable them to access AI and really learn the basics of AI and problem solving. Reproduction of news articles, photos, videos or any other content in whole or in part in any form Ram has several published papers in academic journals and is a regular speaker at conferences. This was creating issues in allocating resources. Deb is married to her husband, Sean, and is mom to three children: Caitlin, Connor, and Shannon. His passion for AI and analytics has made him a thought leader in the space and an admired public speaker. Sumit is a Client Partner and leader in Technology, Media & Entertainment practices. He is responsible for worldwide sales and distribution of Salesforce products and services. Fractal has done a strategic investment in Analytics Vidhya. Shashank joined Apax in London in 2004, before moving to India in 2007 to start Apaxs office there. Deb previously served as Chair of the Board at Accupac and on the Board of Directors for Sprint, Staples, and the Singapore Economic Development Board (EDB). Srikanth serves on the board of Qure.ai which has recently received 16MM USD in funding less than three years after incubation. Deb has been listed by Women Inc. as one of the 50 most powerful female board directors. Rasesh is the CIO and Head Global Business Services. He is a thought leader, driving business transformation through AI, engineering, and design. Amit is the head of Integrated Marketing Effectiveness (IME) capability and a Client Partner at Fractal. Wanting to be public has other benefits, which like I saidislong-term thinking. Rohit is the leader of ANZ business, responsible for growth, client development, and P&L. Everything is client-centric. Hemant is the founder and CEO of Theremin.ai business that focuses on AI-powered alpha generation for the financial investment markets. Prior to that, Rohan was a consultant at McKinsey and Co. in India. She has completed her B.Sc. It helps us in investing in more products. He further has the experience of building AI systems for cancer research for Celera Genomics, Mayo clinic, Correlogic systems, and others. Since Srikanth co-founded Fractal in 2000, the company has raised more than $300 million USD from private equity investors and has empowered more than 100 Fortune 500 companies with its AI, data, and analytics-driven business strategies. Amit is a Client Partner and is responsible for the business development and client relationship management in Southeast Asia and the GIC business. We only serve Fortune 500 size clients. Mr. Gulu Mirchandani is the Founder Chairman of the Onida Group. Neeraj is passionate about education and youth development and has served on the board of various non-profit organizations and currently is on the board of Lions Heart (a non-profit for teen volunteers and leaders). Dylan has a keen interest in the evolution and automation of work and workflows through the convergence of data, AI, apps, insights, and automation. Chief Practice Officer - Banking, Insurance, Healthcare & Technology. Fractal serves more than 100 Fortune 500 companies with its AI, data and analytics driven business strategies. Before that move, she was a Partner with Kearney, running the Business Process Offshoring Practice globally. Gaurav is driven by the power of AI and analytics, developing products enabling enterprises to draw accelerated value from their data assets. He has previously worked at Infosys, Gartner, Macquarie, and HP. Prior to Deloitte, Sangeetha was part of the executive leadership team at Sobeys where she led the Corporate Strategy function. Velamakanni says that companies outside India were much more open to innovative ideas than Indian ones. It was a painful turn of events that shook the entire firm. Srikanth Velamakanni TEDxNIITUniversity. As you said, everybody wants to invest in data science. She is passionate about driving impact at CPG companies by adopting a user-centric approach and implementing analytics that increase both the speed and value of decisions. He has an MS in Economics from IGIDR, Mumbai, and a BS in Mathematics, Hansraj College, Delhi University. He has a keen interest in monetizing data, getting signals and avoiding noise, and empowering people to make impactful and sustainable decisions using the power of AI, engineering, and design. That's how we visualise our success. Yash is a Chief Technology Officer and leader, working closely with clients in the APAC region, providing technical leadership and oversight for cloud and data engineering projects. He has also led the analytics practice for a large global enterprise and was responsible for business strategy, GTM, sales, revenue, P&L, people, delivery, solutions, consulting, and customer and vendor relationships. Before that, we were curious Fractal started as an Analytics Consulting/services company but has built and invested in several products in the last few years. Updated: 15 Nov 2008, 12:00 AM IST Sidin Vadukut. He has extensive experience working in the technology space within the retail domain, across customer experience platforms, CMPs, merchandising, and vendor and supply chain management. Abhi is deeply passionate about technology and the positive impact it can have on our lives and society at large. Yes. Over the years, Gaurav has honed his specialization in cross-functional team collaboration across the business and central analytics verticals. Why is the huge focus on going public? He has appreciation towards creating reusable solutions and had co-created an AutoML platform, brAIn.ai, for driving acceleration and standardization in modelling workflows. and we aim to build products across each of these areas of interest. If we want pension funds to do more with FSB Task Force on Fractals mission is to power every human decision in the enterprise and to use the power of AI to help the worlds most admired Fortune 100 companies. Rohini has a bachelors and Masters in Psychology (Organizational Behavior) from Delhi University. Are there any regrets over the whole 21-year journey? He is a senior fellow at Yale Universitys Jackson Institute for Global Affairs, where he teaches a course on leadership. He is still on a plane once every three or four days. Srikanth Velamakanni is the Co-founder, Group Chief Executive, and Executive Vice Chairman of Fractal, one of the leading players in artificial intelligence and digital transformation. Perhaps it is the mathematical, data-intensive nature of his work that makes him so ordered and precise. Pdo Thread Lift Procedure How Is It Done Benefits And Side Effects Dr Srikanth V Doctors Circle. She also incubated the Wellbeing function at Fractal and gave shape to the firms charter on diversity and inclusion. Interview with Srikanth Velamakanni - Fractal Analytics. Amit has over two decades of experience spanning business development, consulting, and delivery. India is going to contribute 91 million to the global workforce in the next 8-10 years. Neeraj is a visionary leader who sees technology as a business differentiator and helps healthcare organizations to optimize business outcomes using innovative technology solutions. She is focused on strengthening client relationships, helping them achieve their digital transformation goals. Her expertise spans marketing, revenue growth, digital commerce, innovation, consumer and demand analytics. He also has the experience of deploying production-grade big data systems at government/secure facilities for Palantir technologies. Ritesh is passionate about Senseforths mission to make technology human-like. And this fundraise actually helps us in both. Prior to this, Mr. Bhatia was with ICICI Ltd from 1990 to 1995 in the Project and Corporate Finance group and worked as Senior Analyst with Crosby Securities from 1995 to 1996. Srikanth Velamakanni co-founded Fractal in February 2000 and is the Group Chief Executive Officer. He has led several data science activities for Fractals AI products and accelerators. In his current role as Group Chief Executive, Srikanth leads the Fractal group of companies and is also responsible for the inorganic growth and long-term future of the business. Soudip has a keen interest in using AI for good. Prior to Sky, Dinesh led the analytics portfolio for TalkTalk UK. US-based artificial intelligence (AI) firm Fractal, which becamethesecond unicornin2022with the latest investment of $360 million from private equitycompanyTPG Capital Asia, is notausualcompany. So that's something I would like us to be known for. Suraj is the author of one of the first patents and publications for cancer detection AI systems and has multiple papers and publications in AI and engineering space. Yash is passionate about combining the power of AI, cloud, and data engineering to improve customer experience and solve clients toughest business challenges. As Chief Executive, he created and handled a portfolio of almost a dozen companies such as TCS, Patni Computers, BirlaSoft, Sierra Atlantic, iGate, Indus Software and Rediff. Prior to Fractal, he held senior leadership positions with various notable Fortune 500 organizations and led many large-scale transformations. Sumit has been associated with Fractal since 2007 and has expertise in influencing business outcomes of varied nature including Customer experience, Revenue uplift, Cost reduction and Operational efficiencies, delivering 50+ programs on legacy and cloud platforms. He has over 25 years of experience that focuses on technology-led disruption in the financial markets. You feel ready to take on the world. Srikanth completed his B.Tech in Electrical Engineering from the Indian Institute of Technology (IIT), Delhi and holds an MBA in Management from the Indian Institute of Management (IIM), Ahmedabad.

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