And were trying to see how we can enable them to access AI and really learn the basics of AI and problem solving. Sagar has actively worked with NASSCOM, supporting two initiatives: responsible AI framework and unlocking the value from India open government data (data.gov.in). Shailendra specializes in guiding enterprises with their GTM strategies, helping them scale, win clients and become successful in the journey. Kathy Leake is the CEO and board member of Crux Intelligence an AI-based personal analyst for business professionals. We can bring a certain set of skills and capabilities and resources to their success, but eventually, we want them to beon their own and be very successful. And things didnt improve. Finally, two partners walked out. We help them with collecting their receivables. Sandeep comes with over two decades of supply chain domain experience spread across analytics, consulting, and IT in the CPG and retail industry. Velamakanni obliges. As a Senior Vice President at 21stCentury Insurance he led the Marketing, Advertising, Sales and Actuarial functions for this direct distribution company. Prithwish is a Client Partner for Fractals retail practice. From Malaviya National Institute of Technology (NIT), Jaipur. We focus on what do our clients need the most. In this interaction with Moneycontrol, Velamakanni talks about the firm morphing into a unicorn, what's next for Fractal and the company's early days as one of the first analyticsfirmsin India. He has both led and participated in a number of key deals includingThoughtWorks, Grupo Engineering,EVRY, GlobalLogic, iGATE, Tivit S.A. and Orange Switzerland. She is focused on strengthening client relationships, helping them achieve their digital transformation goals. He is also interested in building, developing, and leading high-performance sales and customer success teams, consistently exceeding revenue targets and client expectations. He is a graduate of the US Naval War College, and he completed fellowships at Harvards John F. Kennedy School of Government in 1997 and at the Council on Foreign Relations in 2000. He has completed his M.Sc and M.Phil in Economics from IGIDR, Mumbai, India. He is a member of Forbes Technology Council, technical advisor for DevNetwork, San Francisco, and has held academic positions in the University of Paris Sud and IITKGP. We feel good about our capability, our ability to win. Vikram has a keen interest in using analytics and artificial intelligence to solve complex business problems and analyze structured and unstructured data assets. Not many survived, and they all have morphed into something else or sold their business. Every minute of this journey has been super fun. Sandeep has a Bachelors degree in technology from Sri Venkateswara University., Chief Practice Officer - Asia Pacific region. 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 served on many boards including British Airways plc and as a Trustee at The British Museum and acting as an advisor for many tech start-ups. He has completed his M.Sc and M.Phil in Economics from IGIDR, Mumbai, India. Suneet is a Client Partner in APAC Practice, leading our partnership with a HealthTech and Consumer Goods major. He has a deep experience of over two decades across diverse domains of analytics consulting, project management, sales, and marketing. Are there any regrets over the whole 21-year journey? When Fractal was $4-5 million in revenue and I thought it was very useful, so I will recommend that. 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 comes with over 16 years of experience in executing and implementing projects in predictive analytics and reporting-enabled solutions. This is just one excerpt from our exclusive interview with Srikanth Velamakanni, Group Chief Executive & Vice-Chairman at Fractal. Everything is client-centric. He has a bachelors degree in engineering from Bangalore University and a masters in systems and operations from IIT Madras. As I said, we see opportunities in a number of different places and we aim to build products across each of these areas of interest. He has previously worked at The Arnold Group, PwC: Strategy & (formerly Booz Allen Hamilton), Microsoft, e-Emphasys Technologies, and Infor (formerly Baan). Interview with Srikanth Velamakanni - Fractal Analytics AV: You mentioned that India has everything to be the AI destination for the world and upskilling is obviously one of the areas. Neelam has been a key participant in shaping the IT industry in India. Pavan founded a Sequoia-funded startup, Samya.ai, now acquired by Fractal. Phillip Liu: #data #leadership #network #cdoexchange Rohan holds an MBA from the Harvard Business School and a Bachelor of Technology in Manufacturing Sciences and Engineering from the Indian Institute of Technology, New Delhi. She was formerly on the Boards of Cincinnati Childrens Hospital and Xavier University. He did his Masters in Industrial Technology from Eastern Michigan University, Michigan, USA. Mrunali is passionate about ensuring digital programs are set up for success with a design first approach driving high adoption. Deb spent seven years on Fortunes US and International rankings of the 50 Most Powerful Women in Business. These cookies do not store any personal information. Before Fractal, Yash has led multiple large engagements in IBM, Mphasis, Wipro, and Ramco Systems. 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 also acts as a strategic advisor/angel investor to a few start-ups. In terms of talent, almost 60 per cent our employees are from the premium institutes such as IIMs and IITs. Pavan is passionate about selling large and complex deals to Fortune 500 clients based in the US and Europe across industries. He has experience of over 15 years spanning across roles in business development, customer success, and regional P&L leadership in analytics and AIML. She brings strong managerial and leadership expertise to the Board, with great ability to drive decision making in a collaborative fashion while offering keen insights. 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 . The flagship company of the Onida Group is MIRC Electronics. 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 over 18 years of experience in account management, management consulting, and decision sciences consulting across the US, Japan, APAC, and Europe. Amit is the head of Integrated Marketing Effectiveness (IME) capability and a Client Partner at Fractal. So I'm looking forward to what's next. She was also the founder of Dstillery, a Social Targeting company. 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. So it definitely created its own issues. Her capabilities include deep knowledge regarding technology engineering and support for global supply chains, merchandising, finance, cyber security and enterprise infrastructure. I think there is a case to be made for what we call blitz scaling. Hemant is the founder and CEO of Theremin.ai business that focuses on AI-powered alpha generation for the financial investment markets. Srikanth: Our goal, when we incubate any product or a business, is that eventually, they should be able to raise a lot of the capital on their own and potentially be public on their own merits. 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. 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. Shelly has a bachelors degree in commerce from Delhi University, ICWAI, from Delhi, and completed an executive program for negotiations from Harvard Business School. Srikanth Velamakanni is the Co-founder, Group Chief Executive and Executive Vice Chairman of Fractal. Another is called Invent and Wander by Jeff Bezos and Walter Isaacson. 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. Prior to Fractal, Amit worked at Kotak Mahindra Bank across business development and product management roles and at Cedar Management 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. He has worked with Merrill Lynch, Citi, Morgan Stanley, and Booz Allen. She has experience of IT transformation across multiple industries: banking and finance, telecommunications, manufacturing, health care and government. Guha has previously worked at Grainger, AbsolutData, Volvo, and Ingersoll Rand. She is currently Vice Chair of the Board of Trustees at St. Bonaventure University and serves on the board of Trustees at Syracuse University. He comes with over 18 years of experience in predictive analytics and product development. He has experience of over 15 years spanning across roles in business development, customer success, and regional P&L leadership in analytics and AIML. He has evangelized AI solutions with senior leadership and incubated central analytics hubs at Fractal. 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. srikanth velamakanni net worth. Kathy is a serial entrepreneur and founder of several technology companies, from ideation, scaling up to combined revenue of $45MM. Srikanth is Co-founder and Trustee of Plaksha University, with a strong academic focus on core engineering, AIML and mathematics. Bloomberg Law speaks with prominent attorneys and legal scholars, analyzing major legal issues and cases in the news. Ms. Mulligan serves as a trustee on the Board of Directors for The Vanguard Group, a position she has held since 2017, and at DuPont de Nemours, Inc., where she has served since 2021. 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 . He also focused on the growth of newly acquired relationships across verticals and led their delivery to create scaled strategic client partnerships. He has also co-developed two patent solutions in the areas of predictive analytics and resource optimization. Sandeep leads the Supply Chain analytics practice, consulting, and delivery at Fractal. Very, very smart and capable people. Read More. Vikram has a keen interest in using analytics and artificial intelligence to solve complex business problems and analyze structured and unstructured data assets. But obviously it's not nothing, it takes a long time to get here. Before Fractal, he worked with GE, IBM, and Nielsen. We are looking to add 2000 people in 2022. Scaling analytics and AI with enterprise IT, Delivering continuous machine learning models & automation pipelines, Transforming enterprises through finance intelligence, Accelerated data to decision transformation, Machine learning and Natural Language Processing, Vice President Sales Retail & Distribution. 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. Perhaps it is the mathematical, data-intensive nature of his work that makes him so ordered and precise. When expanded it provides a list of search options that will switch the search inputs to match the . He has over 18 years of global work experience across the practices of Retail, Telecoms, Media, and Health Tech. That would have been nice.. I have personally been involved with the data science community for a long time. He has a Post Graduate degree in Business Administration from the Indian School of Business (ISB), Hyderabad, India. 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. Bhaskar is a Client Partner and part of the Asia-pacific leadership team, driving digital transformation for Fortune 500 clients across industries. But recently, we have started to see a huge spike in interest in the data engineering side of things from organizations. He teaches at Santa Monica College. It was very difficult. He has led high-performing sales and account management teams and has been the single point with end-to-end accountability to drive portfolio growth and develop meaningful relationships. A member of the NASSCOM Executive Council Srikanth serves as a subject matter expert on data and AI. Think of the IT industry. Century Insurance he led the Marketing, Advertising, Sales and Actuarial functions for this direct distribution company. Prithwish has a keen interest in enabling client value realization through the ethical use of data and analytics. 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. Soudip has a Ph.D. in recommender systems and machine learning from the University of Trento, Italy., Co-founder, Group Chief Executive and Vice Chairman. Terrell previously served as chief information officer of Baxter International, Inc., where she was responsible for the companys global IT function, supporting businesses worldwide in bio-tech, medical devices and pharmaceuticals and was chief information officer in Daimler Chrysler where she had total technology responsibility for the Chrysler Group and Mercedes-Benz Americas. When you turn 23, you don't feel old. Ed has a long work history in the Property-Casualty insurance industry. He is keen on delivering insights at scale by bringing in the relevant data to power AIML and democratize consumption. He has co-founded FinalMile and has built a world-class team of behavioral scientists and designers. Deb has been listed by Women Inc. as one of the 50 most powerful female board directors. He received an MBA from Indian Institute of Management and an undergraduate degree from Indian Institute of Technology New Delhi. Deb has been listed by Women Inc. as one of the 50 most powerful female board directors. 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. He holds the CPCU and ARM designations. 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. We should have been more ambitious and taken bigger risks!. 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. He comes with over 27 years of experience spanning building a unicorn, Samya.ai, acquired by Fractal. Previously, Shelly built Samya.ai as the founder and CEO. Fractal turns unicorn: Interview with cofounder Srikanth Velamakanni Fast forwardto 2022:the firmis now valued at $1 billion, after the $360 million from TPG. 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. He has also completed disruptive strategy from Harvard Business School. Earlier, he worked with SAP and was instrumental in building their Data Science practice. He is responsible for worldwide sales and distribution of Salesforce products and services. He further has the experience of building AI systems for cancer research for Celera Genomics, Mayo clinic, Correlogic systems, and others. It was a product where anybody can walk into a store, buy a product, get a loan and take the product home, like a TV or a flat screen TV. This talk was presented to a local audience at TEDxNIITUniversity, an independent event. Could you throw more light on the revenue split-up? 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. Shashank has an MBA from Harvard Business School, a Masters in Economics from Cambridge University and a BA (Honours) in economics from St. Stephens College (Delhi University). He has worked in the US, Europe and India Geographies and has managed extended sales and delivery teams in these regions. Prithwish has also worked extensively in primary and secondary sales, BTL marketing campaigns, and supply chain. You had shared earlier about building the company for 100 years. 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. She has a keen interest in interconnecting decision spines in organizations, digitization of decisions with AI & engineering, NextGen revenue growth with omnichannel commerce. He has appreciation towards creating reusable solutions and had co-created an AutoML platform, brAIn.ai, for driving acceleration and standardization in modelling workflows. She has worked with public, private, co-op and private equity companies delivering transformational growth with a proven track record of delivering value creation and customer satisfaction in Canada and the U.S. Beth is known for developing and implementing strategies that leverage innovation and consumer data to grow high performing businesses. Another fantastic looking agenda with some great speakers Soudip has co-authored 5 US patents and 12+ international peer-reviewed journals and publications. This makes Fractal just the second unicorn of 2022 incredible! |View Academic Calendar 2022-23here. Fractal is working with over 50 Fortune 500 companies helping them drive better business outcomes by embedding analytics in their decisions and processes. He further has the experience of building AI systems for cancer research for Celera Genomics, Mayo clinic, Correlogic systems, and others. 7 min read . 'We would be looking for an IPO in India': Fractal - VCCircle Like (97) Share. He has done his Bachelor of Engineering in Information Science and Technology from Bengaluru University. 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 also acts as a strategic advisor/angel investor to a few start-ups. Patterson joined Salesforce in August 2019 and served as Chairman of EMEA Advisory Board and President and CEO International. Deb was the first woman to serve as Chair of the 23 Country Business Council and advised top government officials including President Barack Obama and Secretary of State Hillary Clinton. From 2003 to 2008, McChrystal commanded JSOC responsible for leading the nations deployed military counterterrorism efforts around the globe. We both knew mathematics and we both knew finance. 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. When Fractal was $4-5 million in revenue and I thought it was very useful, so I will recommend that. 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). 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. Terrell has been named CIO of the Year , CIO Hall of Fame, and is a winner of the prestigious Fisher-Hopper Prize for Lifetime Achievement in CIO Leadership and selected as a member of Fortunes Executive Fantasy League Dream Team starting line-up. Prior to BT, he spent four years at Virgin Media latterly as MD Consumer and nine years at Procter & Gamble in various brand management and marketing roles. 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. He has over 14 years of experience in analytics and in the early part of his career he also partnered with Financial Services and FinTech companies. She acts as the Co-CEO of the Colonnade Society which provides critical funding for the Lee Institute, a Leadership Institute, and the Duke Mansion. He has also incubated and led Fractals retail & customer experimentation product business in various industries. At Fractal, Shelly is focused on building new geography, helping in the acquisition and growth of the select practice, and contributing towards the billion-dollar revenue company across services businesses. 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. (Think broccoli, snowflakes, air bubbles.) Before CBS, Dave held various executive roles in analytics and data infrastructure at eBay covering finance, strategy, and marketing. We were in a nascent market and first to start in the analytic space. He is a member of Forbes Technology Council, technical advisor for DevNetwork, San Francisco, and has held academic positions in the University of Paris Sud and IITKGP. She is a business leader and ex-entrepreneur and has previously worked at P&G and Marico brand teams. He also has the experience of deploying production-grade big data systems at government/secure facilities for Palantir technologies. 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. It is a hat-trick! These cookies will be stored in your browser only with your consent. Shelly has a bachelors degree in commerce from Delhi University, ICWAI, from Delhi, and completed an executive program for negotiations from Harvard Business School. Prior to Sky, Dinesh led the analytics portfolio for TalkTalk UK. He has done his Bachelor of Engineering in Information Science and Technology from Bengaluru University. Additionally, he is the author of the bestselling leadership books, My Share of the Task: A Memoir, Team of Teams: New Rules of Engagement for a Complex World, Leaders: Myth and Reality, and Risk: A Users Guide. Srikanth Velamakanni's Post Srikanth Velamakanni Co-founder, Group Chief Executive & Vice-Chairman, Fractal Analytics 2mo Report this post . Bhaskar is passionate about driving efforts around Sustainability. Suraj drives the AI @scale division at Fractal, focusing on novel and innovative solutions involving AI, and engineering. Her responsibility for the global Walmart Technology portfolio included both Information Systems Division(ISD) and Global Back Office Solutions. He has also incubated and led Fractals retail & customer experimentation product business in various industries. You not only had the challenge of starting early, but also had to face two of your co-founders leaving the companyon bitter terms in 2007, and losing a key client General Motors. The only question was if wed make any money selling math to companies.. 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. Eventually, youll have to procure the data and create those pipelines, which is one aspect of it.