Information excellence 2012feb_panel_changing face of data
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Transcript of Information excellence 2012feb_panel_changing face of data
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Mementos
Welcome KitRaffles Raffles
Information Excellence Summit
Data DynamicsFeb 25 - 26th 2012,
Wipro Campus, Electronic City, Bangalore
http://informationexcellence.wordpress.com/category/spring-summit-data-dynamics/
Register for FREE at http://ieg-2012-feb-data-dynamics.eventbrite.com/
Organizers
Information Excellence
Impacting“Profession, Business and Society”
Data Dynamics Information Excellence Spring 2012 Summit
Dr. N.R.S RaghavanSVP, Citicorp
Mukund MohanChief Architect, IBM India
Mahesh VLGeneral Manager, Wipro
Iqbal KaurDirector, Target India
Naren PeriDelivery Head, Mu Sigma
Niranjan ThirumaleCTO, EMC India
Dr. N. R. Srinivasa Raghavan, Senior Vice President- AdvancedAnalytics, Global Decision Management, Citicorp
Dr Raghavan has over 85 publications and has experiencedboth the Industry and academia. After his stint as Associateprofessor of Management studies in IISc, he has Mentoredand Managed the R&D engagement for Dell and GM.
He has been awarded the Outstanding young associate ofthe Indian Academy of Sciences. He currently heads theGlobal decision management for Citicorp in Bangalore. Hehas guided over 49 MS / PhD research students.
He was instrumental in setting up global centers ofexcellence in Predictive Modeling as well as establishingcollaborative research partnerships with academia acrossthe world (US, UK, Singapore, Israel, India) during his stintin GE. He is also a member of the Karnataka State higherEducation Council and Program Committee member forAPAC conference on Knowledge and Data Discovery.
Panelists
Panelists
Mukund Mohan, Chief Architect, IBM India Business Analyticsand Optimization CoC
Mukund comes with over 20 years of experience in various roles as architect, consultant, teacher, mentor and researcher in Business Intelligence.
He is a recipient of Kewal Dubey Award, a national award of the Computer Society of India, and has multiple patents.
He has designed over a dozen data warehouses in various industry sectors, designed first-of-a-kind solutions, worked with multiple technologies and advised large companies in BI Strategy and data governance.
His current research areas include Self-care BI and Exploratory Analytics .
He has B Tech from BIT, Ranchi and Ph D from Indian Institute of Science, Bangalore.
Panelists
Iqbal Kaur, Director - Analytics & Reporting at Target
Iqbal has over 14 years of experience in areas of Analytics and Consumer Lending, with focus on Predictive Analytics, Risk Management and setting up enterprise Analytical Capabilities.
She brings a combination of proven leadership capabilities both in general management and functional leadership roles.
Iqbal created the enterprise analytics and reporting capabilities from scratch through aggregation of talent, contextual and platform exercise, for Target Corporation with 400+ member team.
She was previously with Genpact and GE Money. She is an alumnus of XIM Bhubaneshwar.
Panelists
Mahesh Velapakam, GM - Analytics & InformationManagement Services, Healthcare & Manufacturing, Wipro
With an extended past into non-information technologybusinesses like coal mining & Hi-tech industrialautomation and engineering,
Mahesh has been performing various contributions toinformation technology services at Wipro for the past 14plus years. He has contributed extensively to advisoryareas around Information value realization, informationquality assurance for manufacturing and healthcareenterprises.
As a hands-on practitioner, he has created few IPs foronline consumption. One of that is in the area of socialnetwork media mining / information modelling toestablish an information supply chain from external toenterprise systems to create retail value.
Panelists
Naren Peri, Delivery Unit Head, Mu Sigma
Naren is a Delivery Unit Head in Mu Sigma. He is Alumni of Penn State University, Indian School of Business, Hyderabad, and Bachelor of Technology in Chemical Engineering from National Institute of Technology, Warangal, India
He is responsible for client delivery, peopledevelopment and providing thought leadership acrossprojects.
He has extensive background in Business Consultingand data warehousing, servicing Fortune 500 clientsacross multiple industries.
He has deep interest in the areas of BusinessIntelligence and Business Analytics, and also blogsabout it .http://diki-naren.blogspot.in/http://idletalk-naren.blogspot.in/
Panelists
Niranjan Thirumale, Chief Technology Officer, EMC IndiaCenter of Excellence (COE).
Niranjan incubates advanced research and technology development projects within the India COE and raises the technical capabilities of the organization by working closely with EMC's leadership.
He offers technology leadership to emerging markets initiatives and promotes tighter interlock between Sales and Engineering.
Niranjan also works university research collaborations through the EMC Innovation Network. Niranjan is also a member of EMC’s CTO council.
Prior to joining EMC India, Niranjan was with NetAppIndia and IBM in the US. Niranjan is an Engineer in Computer Science from IIT Madras, and holds an M.S. and Ph.D. from the State University of New York at Stony Brook.
Panel Theme: Organizer’s Take
“Changing face of Data”
The demand and need for data collection, integration, transformation, analysis, discovery, dissemination, presentation and visualization (and tools focused on some or all of these functions) have been changing rapidly in the past decade.
The context and landscape of Data has been changing from ‘data in databases” to expand and include unstructured text, documents, web content and further expanding to include images, voice, speech, video and streaming etc.
The Moore’s Law and evolving transformational technologies such as Big Data, Cloud, Virtualization, Pervasive internet and Mobility are further spiraling up the vortex of change. In the context aware, location / person / device specific data world. With Behavioural context.
The business demands have been changing as well, from the conventional “load time latency” and “here are the reports” to helping “business adapt to the change” and “innovating with data driven (product/solution) offerings”
What remains unchanged, though, is the unqualified need for the “trusted data foundation” with no compromises on consistency, integration, traceability, auditability and governance of the hugely enlarged data spectrum.
This Panel focuses on this “Changing face of Data” and its implications, along with call for action to Business Leaders, Industries, Information Professionals and Academia.
Changing face of data combined with math & technology innovation lead to a paradigm shift:creates business opportunities
Industry boundaries are fast becoming hazy & thinner
Technology innovation is enabling new business models
Old economy is becoming ‘old’ faster
Behaviors are changing, new behaviors and needs are emerging
Need for faster and better decisions, more such decisions
Moore’s law, Unstructured data
Data Information & Knowledge Actions Outcomes
OLTP BI/OLAP Analytics Actionable insights Outcomes Change Process/change OLTP?
Agenda less data vs. agenda driven data
‘conversations’ are perishable? Privacy affected?
ChangingFace of
Data
Analytics is continually evolving with
changing face of data, business and innovations in technology and math
Analytics is continually evolving with
changing face of data, business and innovations in technology and math
Panel Theme: Changing Face of Data
Creates convergence opportunities and business applications across industries
Industries Data and Business Applications
Retail/pharmacy, Pharmaand health insurance
Patient prescription adherence data finds its applications across 3 industries leading to better outcomes/ health management, & lowering costs
Retail, and banks/financial services
Transactional and behavioral data resulting from purchases on cobranded/loyalty cards improves customer experience, enables focused targeting
B2C, e-commerce, B2B-across industries
Conversations, intentions, unstructured data from blogs, social networks : Mining and discovering patterns from agenda less data can lead to newer business opportunities- e.g.: enables closed loop marketing
Retail /CPG RFID tags
UIDAI Infinite possibilities that make social and business sense
Panel Theme: Changing Face of Data
Changing face of data
Challenges and threats• Security /Privacy
violation• Danger of data deluge,
lost in data
Opportunities• Fuel innovation in data
and technology- BIG DATA
• Business and social applications
• Possibilities of new businesses
Thoughts for discussion• Does it creatively
destruct anything?• Who is leading who-
data or business or tech or simultaneous change?
• Academicians vs. practitioners or fusion?
Key Takeaways / Calls to Action
Panel Theme: Changing Face of Data
Data Dynamics Information Excellence Spring 2012 Summit
Call for Action:
There is increased enthusiasm coupled with bewilderment around big data and what it portends forcompanies from an ROI perspective, and individuals from a career perspective.
Analytics is here to stay and will oil our's and in turn the world's economy in the next decade atleast !
Changing face of data is not a phenomenon in isolation. Simultaneously faces of business and technology are also changing. Changing face of data, combined with innovation in technology creates a shift in paradigm- it not solves existing business problem but also creates new business opportunities.
New opportunities would be built upon leveraging data assets across industries, new opportunities would be discovered by mining unstructured data.
However practitioners and academicians need to be cognizant of certain challenges specifically about chances of compromising on data security and privacy.
Data Dynamics Information Excellence Spring 2012 Summit
Harvesting Information Excellence
Impacting“Profession, Business and Society”
Information Excellence Summit,February 25, 2012 Bangalorehttp://Informationexcellence.wordpress.com