Since Srikanth co-founded Fractal in 2000, the company has raised more than USD 300 million from institutional private equity investors. 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). This is so special. AV: Well switch focus here and look at it from the community angle. Interview with Srikanth Velamakanni - Fractal Analytics. So I do feel like I take very strong personal accountability for everything that's happened, especially the bad things that happened. Akhil has also developed subrogation models from unstructured data using text mining algorithms and HPC tools. That change in focus coupled with movement in AI helped us reach here at this stage. She has completed her B.Sc. And that is the attraction. In his prior responsibilities at Fractal, he focused on account management and delivery for a leading loyalty firm and was running their analytics CoE from India. He combines his healthcare knowledge with advanced analytics and AI to solve healthcare problems, particularly in clinical, payment integrity, and member experience areas. Deb is a thought leader on topics including leadership, digital transformation, and diversity. But opting out of some of these cookies may affect your browsing experience. I wish I was a better CEO that they didn't have to leave. And were trying to see how we can enable them to access AI and really learn the basics of AI and problem solving. Srikanth Velamakanni | Playing it by the numbers | Fractal Before Fractal, Gaurav worked at Tech Mahindra, Schindler Elevators, and ABB. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. AI. She is also the Wall Street Journal bestselling author of Hire Purpose: How Smart Companies Can Close the Skills Gap. Shailendra specializes in guiding enterprises with their GTM strategies, helping them scale, win clients and become successful in the journey. . She is a business leader and ex-entrepreneur and has previously worked at P&G and Marico brand teams. Sandeep has close to 24 years of global experience spanning IT, BPO and E-Business with companies like Mphasis, TCS, HP and Wipro. Deb has been listed by Women Inc. as one of the 50 most powerful female board directors. A third or quarter of them are very interested in careers in data science. TED Conferences, LLC. Rohini is the Chief People Officer at Fractal with over 16 years of multi-functional experience. Its a matter of time these things will happen. Ms. Mulligan graduated from the University of Nebraska with High Distinction and holds an MBA from the Stanford Graduate School of Business. 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. He considers himself a lifelong student of mathematics, behavioral economics, neuroscience, and consumer behavior. He is an alumnus of BITS Pilani and holds a degree in BE (Mechanical). 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. Somaiya, Mumbai.. Beth was a 26-year Executive at Delhaize leading its highest performing banner as the President of Hannaford to a health and wellness strategy and then repositioning and driving transformational change to successfully turn around the business model, culture, and brand at Food Lion as the President. By subscribing, you understand and agree that we will store, process and manage your personal information according to our. He has appreciation towards creating reusable solutions and had co-created an AutoML platform, brAIn.ai, for driving acceleration and standardization in modelling workflows. It has taken 21 years to reach $1 billion, whereas some companies have been able to do that in 6 months. 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. Neeraj is a visionary leader who sees technology as a business differentiator and helps healthcare organizations to optimize business outcomes using innovative technology solutions. Velamakanni saidback thennobody knew analytics nor did they want it, and it was all fine. (Think broccoli, snowflakes, air bubbles.) Dipita is a Chief Practice Officer and leads the Consumer Packaged Goods (CPG) global practice at Fractal, designing and implementing transformative solutions for our clients. He has also worked at MarketsandMarkets, Mu Sigma, IBM, and Daksh. Srikanth Velamakanni and Pranay Agrawal survived a near-death experience and made Fractal into a force to reckon with in the AI and analytics world . But Fractals data analysis threw up a surprising result. This email id is not registered with us. Rohit is the leader of ANZ business, responsible for growth, client development, and P&L. At an individual level, I facilitate courses on entrepreneurship and encourage others to do the same to leverage their experience and help the talented young people of this country to broaden their horizons. Satish serves as Chief Strategy Officer for Fractal, where he drives group-wide formulation, development and execution of Fractals corporate strategy, including leading the companys efforts in corporate development and long term capital planning, origination, execution and deployment. He has been an advisor to various Indo-US startups and now looking to grow in the US and Europe. Dinesh is a Client Partner and member of the APAC leadership team. Shashank Singh is a Partner and Head of the India office of Apax Partners, the global Private Equity fund. 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. We have extremely smart people across the country. He is responsible for client relations, strategy, and execution for the unit. 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. She has also done her Masters in Science from the Claremont Graduate University. 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). Gavin Patterson was appointed President & Chief Revenue Officer, Salesforce on August 1, 2020. He has built the development sector practice at FinalMile and led multiple successful endeavors in global health and development across continents, involving health areas like HIV, Reproductive and Maternal Health, Financial Inclusion, Road Safety, Nutrition. Ashwath is a finance leader with global and multi-market experience with a demonstrated history of business partnership to accelerate growth and improve business performance. He is a recipient of multiple corporate awards and leads large global teams in North America and Asia. 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. Amit is an SME in the areas of omnichannel marketing optimization, price-n-promo strategy, trade fund optimization, brand positioning and communication strategy, customer analytics and consumer behavior. Prior to Fractal, Manish has worked at UIDAI, Microsoft India, Bharti Airtel, and the Indian Navy. Balraj January 6, 2022. He is keen on delivering insights at scale by bringing in the relevant data to power AIML and democratize consumption. In this latest episode of Figuring Out Podcast, we have Srikanth Velamakanni, Founder of Fractal Analytics and we have discussed:-How AI will replace all the. He also played a significant role in developing enterprise software for IBM, Rakuten, and others. Ritesh is passionate about Senseforths mission to make technology human-like. 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.). Her career span covered the industrys major milestones and had the opportunity to work alongside the key architects of the sector in India. Mr. Bhatia was born, grew up in and is based in India. Ritesh is passionate about Senseforths mission to make technology human-like. Prior to Fractal, he held senior leadership positions with various notable Fortune 500 organizations and led many large-scale transformations. We think true client-centricity is about inventing on behalf of the client.. The longer the period of delinquencythe longer the borrower struggled to pay off the loanthe better the chances of recovering future loans. Srikanth: I feel very passionately about the community. Prior to Fractal, Amit worked at Kotak Mahindra Bank across business development and product management roles and at Cedar Management Consulting. Srikanth Velamakanni is the Co-Founder, Group Chief Executive and Vice Chairman at Fractal Analytics. Srikanth co-founded Fractal Analytics in 2000, well before analytics and AI were entire industries. Her work has appeared in top-tier publications including Fortune, Bloomberg, and Huffington Post. Manish has the expertise in building and implementing IT security strategy, gap assessment and risk mitigation, and the transformation of operations. Sahibzada Ajit Singh Nagar,
Raj leads M&A integration. He combines his Wharton MBA with executive training from Harvard and Stanford. Anindya has a keen interest in enabling every human decision from the lenses of AI, engineering, and design. Like (97) Share. Sumit holds an MBA in Finance from Narsee Monjee Institute of Management Studies (NMIMS), Mumbai. Certainly all competition is welcome and it only makes us better. I try to coax him along: Was it a leadership issue? He is also interested in building, developing, and leading high-performance sales and customer success teams, consistently exceeding revenue targets and client expectations. Previously, Shelly built Samya.ai as the founder and CEO. To do that we have to have a great workplace and work culture. Her interests include harnessing data and technology, including artificial intelligence, machine learning, probabilistic modeling, and algorithms for big data, to build innovative businesses. Two of the five partners left in circumstances that were said to be less than cordial. Or perhaps the intensity is an outcome of the pressure of guiding his company through a turbulent period in its history. He is a thought leader, driving business transformation through AI, engineering, and design. 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. 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. in Mathematics and MBA from Mumbai University, India. India is the only major country in the world that actually has a net addition of labor workforce in the next 7-8 years. Deb gives of her time and talents to several learning and charitable institutions. We also use third-party cookies that help us analyze and understand how you use this website. Biju is the Chief Evangelist of Fractal and Chairman of FinalMile Consulting. Previously, Shelly built Samya.ai as the founder and CEO. Since Srikanth co-founded Fractal in 2000, the company has raised more than USD 300 million from institutional private equity investors. Neelam is an Economics Graduate from St Stephens College, Delhi University. And the second aspect of it is deploying them. He has over 18 years of global work experience across the practices of Retail, Telecoms, Media, and Health Tech. Then, HDFC Bank was another big success. Necessary cookies are absolutely essential for the website to function properly. As Fractal turns 23, I am about to reach the point where I have spent half my life | 20 comments on LinkedIn Fractal's mission is to power every human decision in the enterprise and to use the power of AI to help the world's most admired . Before Fractal, he has worked with McKinsey and Co., REC, and Mu Sigma. His passion is to help global clients in their AI transformation journey, incubate and nurture breakthrough ideas, and build high-performance teams. We found initial success with ICICIBank, where we worked to create the 30-minute loan product. Is it the increasing investor interest the space has seen, or is it driven by other factors? She has a Masters in Management and Policy from the University of StonyBrook, the USA, and a BTech in Engineering from IIT Kharagpur, India. As you said, everybody wants to invest in data science. 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). Soudip has co-authored 5 US patents and 12+ international peer-reviewed journals and publications. He is a thought leader, driving business transformation through AI, engineering, and design. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); 30 Best Data Science Books to Read in 2023. During her time at P&G, she served as President and Senior Executive Officer of P&Gs $20 billion Beauty Business while simultaneously serving as President and Senior Executive Officer of P&Gs e-Business which touched nearly half of P&Gs then $86 billion global business. He believes in integrating AI to deliver more ingenious innovations, efficient business execution, and product supply in customer-facing industries. He is also the author of the novel Overrated and is working towards writing another one in the non-fiction category A millennial apologie. He has a keen interest in solving complex problems for business, society, and the planet with an inter-disciplinary approach in a responsible, inclusive, and sustainable manner. In her career span of over two decades, Rajs focus has been on building engaged teams and driving a culture of data-driven decision-making. He has also essayed leadership roles in multiple consumer industries like Logistics, Hospitality, and Distribution. His passion for AI and analytics has made him a thought leader in the space and an admired public speaker. Dylan is the leader of Neal Analytics andhas over 24 years of experience spanning roles in new market entry, entrepreneurship, team building, consulting, engineering, and design. He has a keen interest in leveraging AI and big data analytics for creating impact across client organizations. She is a member of the board of trustees for the New York Hall of Science, a hands-on science and technology center and has also led Global Councils for Women Leaders at GSK and Walmart and acts as an executive sponsor of Science, Technology, Engineering and Math (STEM) initiatives. Shelly has a bachelors degree in commerce from Delhi University, ICWAI, from Delhi, and completed an executive program for negotiations from Harvard Business School. And secondly, it will help us in doing meaningful investments and acquisitions that bring greater client value overall. 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. This talk was presented to a local audience at TEDxNIITUniversity, an independent event. Shelly has a bachelors degree in commerce from Delhi University, ICWAI, from Delhi, and completed an executive program for negotiations from Harvard Business School. If you look at the AI world, I see it as three phases : We want to invest today because we know that in seven or ten years everybody will be investing, and in fact even in five years well see some great use cases. So I think going public is consistent with being positioned for the very long term. I know, you've been talking about it, but any timeline which you can share? Suneet is a Client Partner in APAC Practice, leading our partnership with a HealthTech and Consumer Goods major. 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. Before Fractal, Yash has led multiple large engagements in IBM, Mphasis, Wipro, and Ramco Systems. Always looking for new ways to improve processes using ML and AI. He has previously worked at The Arnold Group, PwC: Strategy & (formerly Booz Allen Hamilton), Microsoft, e-Emphasys Technologies, and Infor (formerly Baan). Fast forwardto 2022:the firmis now valued at $1 billion, after the $360 million from TPG. He was responsible for IT & Shared Services for all Global Business Units and Markets around the world. From Malaviya National Institute of Technology (NIT), Jaipur. He also enjoys memoirs, biographies and books on leadership. We are looking to add 2000 people in 2022. We also have been investing in newer areas of research such as computational neuroscience, and quantum computing. He has a keen interest in building next-generation AI systems that scale for real-world impact. How do you use fancy math to help companies make money? In addition to her Board roles, Andrea most recently was a Managing Director with Gupton Marrs International, a boutique consulting firm of former KPMG Partners focusing on Governance, Risk, Compliance, and Reporting. 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. 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. The show examines all aspects of the legal profession, from intellectual property to criminal law, from bankruptcy to securities law, drawing on the deep research tools of BloombergLaw.com and BloombergBNA.com. He has both led and participated in a number of key deals includingThoughtWorks, Grupo Engineering,EVRY, GlobalLogic, iGATE, Tivit S.A. and Orange Switzerland. He has previously worked with Booz & Co and American Express. Miten has proven expertise in building digital-tech and SaaS business and scaling it globally leveraging partner ecosystem and distribution network to reduce CAC and churn, expand margins and increase ACV & ARR. Our focus is how to be really client-centric. Are there any regrets over the whole 21-year journey? Moreover, he harnessed his expertise in analytics for a more significant impact during the COVID-19 pandemic. Yes, I think it (competition) is real. Rohit has a bachelors in Management from Southern Cross University and a Masters degree in Information Technology from the University of Southern Queensland. 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. He also acts as a strategic advisor/angel investor to a few start-ups. He currently serves on most of the Board of Directors of these companies. And finally, I would say generically read books about entrepreneurs and their stories. He likes evangelizing technology and building high-performance teams while continuously delivering value delivery from modern cloud data platforms by applying engineering innovations. Deb is an advocate for the health & education of children. Als specialty is bringing teams together to work on the key areas of; trust,meaningful conflict, commitment and clarity. Shailendra specializes in guiding enterprises with their GTM strategies, helping them scale, win clients and become successful in the journey. Kathy is recognized for leadership at innovative companies by Inc. Magazine, TechCrunch, and SmartCEO, to name a few. 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. However, afterthe firm'sbreakthrough with ICICI Bank and HDFC in India, the company decided to move business to the USin 2005 where the opportunities were significant. Srikanth Velamakanni on LinkedIn: Best founder of a Unicorn? I find it He has a proven record of leading CPG clients across North America, Latin America, Europe, and APAC. Passionate about analytics, Dinesh has powered impactful digital initiatives and transformed lab experiments into high-impact customer solutions for client organizations. He has over 33 years of experience spanning roles in the Navy, IT (Information Technology) project management, IT security operations, risk management, and National cyber security strategy. 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. He holds MBA from The Wharton School with majors in Strategy, Finance, and General Management and a Bachelor of Technology from the Indian Institute of Technology (IIT). Gaurav is a Client Partner and head of Trial Run in the business experimentation platform at Fractal. He is a Google Cloud leader accelerating & scaling non-linear revenue growth through partnerships. 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. Then you use that information to change your schedule when you want to. In his past career Mr. Velamakanni held the position of Assistant Manager at ICICI Bank Ltd. and Associate of Anz Investment Bank (AU). When I ask Velamakanni about the crisis that was widely reported in the media, his face falls and he goes quiet. Amit has over two decades of experience spanning business development, consulting, and delivery. He leads consulting, solution development using AI, Engineering & Design, P&L management, and practice development. Its an AI-led demand forecasting product aimed at the CPG industry. Passionate about analytics, Dinesh has powered impactful digital initiatives and transformed lab experiments into high-impact customer solutions for client organizations. AV: Can you recommend a couple of top books on entrepreneurship for anyone who wants to get started? And weve seen in the last decade that data science is everywhere. Rohit is the leader of ANZ business, responsible for growth, client development, and P&L. He also brought excellent business value as a senior consultant for Amway (US) and Upromise (US). Akhil is the Head of Data Science, North America, with over nine years of experience using mathematical, statistical, and computational tools to solve decision-makingproblems in Consumer Packaged Goods (CPG), retail, insurance, and other industries. Nothing else.. When we went back to double-check we discovered that these customers really do want to pay their loans. 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. Somaiya, Mumbai.. By regret, if you mean, would I do some things differently if I knew what was happening? . Of course, while the example sounds fascinating, Velamakanni, points out, it was very difficult to get any work with their math models in the early days: Companies would look at us and wonder what these young MBAs could do that their own people didnt do or know already. So, little wonder that it took almost a year before Fractal billed its first client.