Copyright 2023 All rights reserved Fractal Analytics Inc. He led the Commercial Services & Delivery Organization (over 1500 IT and multifunctional professionals) for Procter & Gambles Global Business Services (GBS). TED Recommends. Then, HDFC Bank was another big success. If there werent a publicist waiting for me at Cellini, the excellent Italian restaurant at Mumbais Grand Hyatt, there would be little chance of me identifying Srikanth Velamakanni, the CEO of Fractal Analytics. He has 18 years of multi-market experience supporting more than 100+ organizations achieve measurable top line/bottom line impact through AI, Data Engineering & Design. Or perhaps the intensity is an outcome of the pressure of guiding his company through a turbulent period in its history. He has an MBA from the Indian Institute of Management, Lucknow, and a Bachelors degree in Mechanical Engineering from the Indian Institute of Technology, Madras. He is a Bachelor of Business Studies, from Shaheed Sukhdev College of Business Studies, Delhi University, and has done his PGDBM in Marketing and Finance from SCMHRD, Pune.. He has over 25 years of experience that focuses on technology-led disruption in the financial markets. He is passionate about developing problem-solving approaches based on first principles thinking and converting ambiguous canvas into structured roadmaps. He comes with a keen interest in driving organizations closer towards cognitive technologies in day-to-day operations and unlocking large capacity for growth using the power of AI, Engineering, and Design. He was also responsible for consummating some of GE Capitals joint ventures in India. I wish I was a better CEO that they didn't have to leave. Previously, Vijay has worked at Manthan (Algonomy) and in Red Prairie (Now Blue Yonder). But obviously it's not nothing, it takes a long time to get here. One of the few profitable unicorns, Fractal is also a successful turnaround story afterrecovering froma huge setback in 2007 when some of its founders left the firm over the choice of the CEO andthe companylost one of its key clients. Mrunali has over 25 years of experience in the CPG industry, leading brand P&L, marketing insights, analytics operations, and client partnerships. Can you share more about how you are building it? In his current role, Natwar is leading a global engineering team to operationalise our clients data-to-decisions platform and partner them in their digital transformation. You know how long this signal will take, how much traffic will be there at a particular junction and so on. Founder of Fractal Analytics, Inc. and Fractal Analytics Pvt Ltd., Srikanth Velamakanni currently occupies the position of Chairman of ideaForge Technology Ltd. and Executive Vice Chairman & Group CEO at Fractal Analytics, Inc., Executive Vice Chairman & Chief Executive Officer at Fractal Analytics Pvt Ltd. (a subsidiary of Fractal Analytics, Inc.). He also focused on the growth of newly acquired relationships across verticals and led their delivery to create scaled strategic client partnerships. He has consulted with Fortune 100 C-suite to strategize and deliver over a hundred impact programs in marketing, sales, finance, e-commerce, analytics, IT (Information Technology), and R&D functions. We both knew mathematics and we both knew finance. 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. With digital acceleration, we are seeing an uncapped demand situation. Prior to Fractal, Amit worked at Kotak Mahindra Bank across business development and product management roles and at Cedar Management Consulting. He has worked globally, with significant exposure to North America, Europe, Singapore, and Australia. These are the two key features about what Fractal is building: Thats what really characterizes Fractals approach and strategy. Fractal serves more than 100 Fortune 500 companies with its AI, data and analytics driven business strategies. 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 . Sagar is a Client Partner and part of Fractal Dimension focused to solve complex problems using AI, engineering, cognitive sciences, and human-centered design. He also guides solution design and client value realization for insurance and healthcare practices. 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. From the revenue standpoint, I think the next logical step is to think of $1 billion in about four or five years. Ram is a member of the executive leadership team at Fractal and leads FinalMile Consulting to do pioneering work in the development sector. Punjab And were trying to see how we can enable them to access AI and really learn the basics of AI and problem solving. Abhi is deeply passionate about technology and the positive impact it can have on our lives and society at large. He served as CEO of Fractal Analytics from 2006 to 2016. So I think going public is consistent with being positioned for the very long term. Part III Interview with Industry expert, Mr. Srikanth Velamakanni, CEO, Fractal Analytics, Senior Consultant- Fractal Analytics, Mumbai (6+ years of experience), Fractal Podcast with Sagar Shah Featuring Suman Giri (MSD), Project Manager CRM Analytics Fractal Analytics Delhi (5+8 years of experience), Interview with Industry expert, Mr. Srikanth Velamakanni, CEO, Fractal Analytics, Overview of Analytics Industry in India (my notes and views), Analytics Lead / Senior Consultant Fractal analytics Gurgaon (2-8 years of experience), Fractal becoming a unicorn with the latest investment round, The role of data engineering at large in the data science ecosystem, Fractals plans for the data science community. Beth has a passion for developing and executing growth strategies, scaling businesses, and growing talent both as an operating executive and now as a director, advisor, and mentor. Our focus is how to be really client-centric. Read More. Under his leadership, Fractal has developed several product lines within the company, including. Shailendra specializes in guiding enterprises with their GTM strategies, helping them scale, win clients and become successful in the journey. 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. Analytics is like that. 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. 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 has led several data science activities for Fractals AI products and accelerators. He has played the CTO role for a multi-cloud data offering and was responsible for features, use cases, architecture, and development roadmap. She was the lead partner on Morgan Stanley globally which became the largest client in financial services in the United States. And things didnt improve. Finally, two partners walked out. Srikanth Velamakanni, Fractal Analytics Ltd: Profile and Biography - Bloomberg Markets Live Now Bloomberg TV+ Bloomberg Markets The Close Romaine Bostick breaks down the day's top stories. Fractal is working with over 50 Fortune 500 companies helping them drive better business outcomes by embedding analytics in their decisions and processes. Suneet has consulted clients in the TMT and retail sectors and driven multi-million dollar per annum gains from digitalization in customer-facing and operations functions. We just have to be focused on what we can address. He has an MBA from Northwestern University Kellogg School of Management, MMM from Northwestern University Robert R. McCormick School of Engineering and Applied Science and B.E. It has taken 21 years to reach $1 billion, whereas some companies have been able to do that in 6 months. When he speaks he leans forward purposefully, his suit jacket rolling up into folds behind his neck, his palms pressing on to the tabletop. Anindya has a keen interest in enabling every human decision from the lenses of AI, engineering, and design. Srikanth is the Chair of the board of Qure.ai, a leading healthcare AI company that's playing a pivotal role in diagnosing and treating diseases like Tuberculosis and Covid-19. At Fractal, he is playing the new game that is emerging at the intersection of human and machine intelligence. Pranay has led Fractal to be one of the most respected analytics companies in the world. Dinesh has a Bachelor of Technology in Mechatronics Engineering from Mahatma Gandhi Institute for Technology (MGIT), Hyderabad, India. He works towards solving sustainability, Responsible AI, gender-neutral fashion, cyber-insurance, C-suite growth agenda, insurance underwriting, healthcare digital adoption, home loans, disintermediation for DTC, rethinking customer acquisition, and engagement with personalization 3.0, among others. The flagship company of the Onida Group is MIRC Electronics. Guha specializes in helping enterprises future-proof their business processes. Srikanth Velamakanni Born: 16 February 1974 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 Current positions of Srikanth Velamakanni. Ed is still active in the business. You had shared earlier about building the company for 100 years. Well, Ive always wanted to have a mentor. Get TED Talks picked just for you. in Mathematics and MBA from Mumbai University, India. A move to ICICI Banks structured products group followeddue to lifestyle issuesand this is where Srikanth and Pranay Agarwal, eventually a co-founder at Fractal, worked on Indias first collateralized bond obligation (CBO) in 1999. What does the investment mean for the Community and the data science ecosystem at large? Somaiya, Mumbai.. Recognizing that companies today are experiencing parallels to what he faced in the war theater, McChrystal established this advisory services firm to help businesses challenge the hierarchical, command and control approach to organizational management. She has a Masters in Management and Policy from the University of StonyBrook, the USA, and a BTech in Engineering from IIT Kharagpur, India. He helped build a robust team, lay the technology foundation, get good deals and incubate ideas like telematics-based apps, Doofles, smart interactive tables, and displays among others. He has completed his BE in electronics and communication engineering from BIT, Mesra. Theres obviously the complexity of data that we have to handle, and the complexity of the systems that we have to handle. He has completed his BE in electronics and communication engineering from BIT, Mesra. When you turn 23, you don't feel old. Big Announcement Analytics Vidhya Announces Strategic Funding from Fractal! Srikanth Velamakanni | Playing it by the numbers. He considers himself a lifelong student of mathematics, behavioral economics, neuroscience, and consumer behavior. He was also the Chairman of the Bombay chapter of the World Presidents Organisation (WPO). He has a deep experience of over two decades across diverse domains of analytics consulting, project management, sales, and marketing. But egos had been hurt by then. He is still on a plane once every three or four days. And I know that some other industries have slightly different choices, and I'm respectful of the people who are making those choices as well. He has a keen interest in problem-solving, AI, and ML with its applications to CPGR and at large to humanity. 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. He believes in integrating AI to deliver more ingenious innovations, efficient business execution, and product supply in customer-facing industries. He is a senior fellow at Yale Universitys Jackson Institute for Global Affairs, where he teaches a course on leadership. We feel good about our capability, our ability to win. Srikanth is also a Co-founder and Trustee of Plaksha University, which focuses on core engineering, AIML, and mathematics, and promotes interdisciplinary learning by bringing together science and liberal arts. Shailendra specializes in guiding enterprises with their GTM strategies, helping them scale, win clients and become successful in the journey. Very, very smart and capable people. Sagar is amongst the early Fractal members driving 100X growth over 14 years. So the way we visualise it is that in the not-so-distant future, many decisions that companies will make will have AI, analytics and algorithms involved inthem. He served as CEO of Fractal Analytics from 2006 to 2016. Founded in 2000, Mumbai and New York-based Fractal Analytics raised 360 million dollars from a private equity firm, TPG Capital Asia and became the second un. Andrea held other corporate positions as the Assistant Treasurer of the JC Penney Company and Assistant Treasurer of Deutsche Bank. He works towards solving sustainability, Responsible AI, gender-neutral fashion, cyber-insurance, C-suite growth agenda, insurance underwriting, healthcare digital adoption, home loans, disintermediation for DTC, rethinking customer acquisition, and engagement with personalization 3.0, among others. I could have been a better leader for them. She developed the positioning, strategy, and go-to-market blueprint and successfully drove the company from pre-revenue to $20 million in revenue and $100 million in valuation in 2 years. Honestly, I don't feel that those make sense to me. Yash comes with over 25 years of experience in advanced analytics, information management, big data, cloud, and various digital technology initiatives with Fortune 500 enterprises spanning architecture, strategy, delivery, and consulting services. He has a keen interest in leveraging AI and big data analytics for creating impact across client organizations. So our goal is to incubate many of these products or invest in some of the products and then let them discover their journey as part of Fractal. First, Velamakanni gives me the analogy he uses to explain to students what its all about: Imagine you leave home for office at a certain time everyday. He has worked in the US, Europe and India Geographies and has managed extended sales and delivery teams in these regions. Prior to Fractal, Bhaskar was in leadership positions with Target (Enterprise Risk Minneapolis and Bangalore), Accenture Digital (Customer Analytics), and Genpact (Lead Consultant Financial Services).. However, understanding this clash of egos involves going back to the genesis of Fractal Analytics and Velamakannis career moves after business school. Could you throw more light on the revenue split-up? 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). He also acts as a strategic advisor/angel investor to a few start-ups. He has done his BE from Visvesvaraya Technological University, India. He comes with over 15 years of experience spanning roles in CPG consulting, account management, and building global partnerships and strategy. She was on the Supervisory Board of Royal Philips, Netherlands (2012 to 2022) and the Head of IBM India Advisory board from December 2018 till August 2020. Ajoy leads engagement delivery and heads capabilities development for Customer & Loyalty Analytics, Integrated Marketing Effectiveness, Artificial Intelligence and Machine Learning, Big Data & Visualization. A former physicist turned data scientist, Dave Botkin built and ran analytics and data engineering teams in startups and Fortune 50 companies until retiring in 2018 to focus on Analytics Consulting and Advisory services as Dave Botkin Consulting, LLC.DBC LLC has advised clients in ecommerce, mobile gaming, streaming audio, healthcare, and IoT on driving more value with their data.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. She also has a MBA degree from Faculty of Management Studies, University of Delhi, India. Rasesh is the CIO and Head Global Business Services. When expanded it provides a list of search options that will switch the search inputs to match the . How about that for an eye-opener? Yes, definitely. Akhil has also developed subrogation models from unstructured data using text mining algorithms and HPC tools. Its about building a company from lets say $5 million to a $200 million scale. He has worked with Merrill Lynch, Citi, Morgan Stanley, and Booz Allen. He is experienced in Credit Risk Policy & Portfolio Management, Collections Strategy, Underwriting & Fraud Control. Her interests include harnessing data and technology, including artificial intelligence, machine learning, probabilistic modeling, and algorithms for big data, to build innovative businesses. 0 Posts. Ms. Mulligan graduated from the University of Nebraska with High Distinction and holds an MBA from the Stanford Graduate School of Business. He did his Masters in Industrial Technology from Eastern Michigan University, Michigan, USA. He has a keen interest in democratizing data analytics and ML applications. He has created and been involved in over 7 investments totaling over $1.2Bn including Fractal Analytics and Jio Platforms at TPG. He combines his Wharton MBA with executive training from Harvard and Stanford. Mr. Velamakanni is also on the board of 9 other companies. Deb serves on the Board of Directors at publicly held companies including American Eagle Outfitters, Corning Inc., and Meritage Homes. 2 Questions. Before Fractal, he has worked with McKinsey and Co., REC, and Mu Sigma. Thank you, Fractalites, women and men, for making Fractal a great place to work for women for the third year in a row. He completed his BE in computer science from the University of Pune, MS in computer science from the University of Maryland, Baltimore County, and MBA from Indian School of Business (ISB), Hyderabad. So it definitely created its own issues. . We are in a business that has many winners. 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.
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