She has a keen interest in interconnecting decision spines in organizations, digitization of decisions with AI & engineering, NextGen revenue growth with omnichannel commerce. Biju is the Chief Evangelist of Fractal and Chairman of FinalMile Consulting. Prior to joining Apax Partners, Shashank spent four years as a strategy consultant with Monitor Company in their London office. He has an MBA from the Indian Institute of Foreign Trade, MBE from Delhi University and BA (Eco) Hons from Sri Ram College of Commerce. With over 20 years of experience, Satish has deep expertise in strategy, corporate development, corporate financings and investing. He has completed his MBA in marketing from the Institute of Management Technology (IMT), Ghaziabad, and has a bachelors degree in technology and computer science from Kurukshetra University. 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. Fractal has done a strategic investment in Analytics Vidhya. He has a keen interest in building next-generation AI systems that scale for real-world impact. Rohit has a bachelors in Management from Southern Cross University and a Masters degree in Information Technology from the University of Southern Queensland. Vikram is a Client Partner and heads global partnerships and alliances, with a focus on AWS Cloud, NielsenIQ, and Databricks partnerships. Miten is a member of the executive leadership and alliance team. When I ask Velamakanni about the crisis that was widely reported in the media, his face falls and he goes quiet. She has proven competencies and executive leadership skills in creating vision, direction, strategy, and execution. US-based artificial intelligence (AI) firm Fractal, which became the second unicorn in 2022 with the latest . Velamakanni says the next target is to reach $1 billion in 4-5 years. Amit is the head of Integrated Marketing Effectiveness (IME) capability and a Client Partner at Fractal. He has done his BE from Visvesvaraya Technological University, India. 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Moreover, he harnessed his expertise in analytics for a more significant impact during the COVID-19 pandemic. Srikanth Velamakanni is the Co-founder, Group Chief Executive and Executive Vice Chairman of Fractal. His team was accountable for developing cutting-edge digital capabilities for Procter & Gamble to win where it matters most, with Consumers, Shoppers, and Retailers. It helps us in investing in more products. It is a hat-trick! Any other areas which need to take shape for India to progress forward in that journey? Pavan is a growth leader for new industries and geographies, across all services and product businesses. 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. Deb had a US State Department Appointment to the Business Council of the Asia-Pacific Economic Cooperation (APEC). He has a keen interest in leveraging AI and big data analytics for creating impact across client organizations. He has also completed disruptive strategy from Harvard Business School. Someone to help me with being a CEO. That is where we are headed as a next step. Before CBS, Dave held various executive roles in analytics and data infrastructure at eBay covering finance, strategy, and marketing. Sandeep has close to 24 years of global experience spanning IT, BPO and E-Business with companies like Mphasis, TCS, HP and Wipro. We see great opportunities in areas such as healthcare and supply chain, to name a few. Yes, I think it (competition) is real. Amit is a Client Partner and is responsible for the business development and client relationship management in Southeast Asia and the GIC business. 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. Over the last 11 years at Fractal, Srikanth has worked with Fortune 1000 companies (in consumer banking, credit cards, retail, telco, insurance and consumer packaged goods industries) in institutionalizing analytics in their organizations to . 140306, B.Tech in Computer Science & Artificial Intelligence, B.Tech in Robotics & Cyber-Physical Systems, B.Tech in Data Science, Economics & Business, B.Tech in Data Science, Economics and Business. You also have the option to opt-out of these cookies. She is a business leader and ex-entrepreneur and has previously worked at P&G and Marico brand teams. It means that not only do we bring smart algorithms, but we bring in great engineering and a great human centered behavioral sciences and design.. He was responsible for IT & Shared Services for all Global Business Units and Markets around the world. 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. Chetan has worked with TCS, Teradata, BMC Software, Symantec, Vuclip, HSBC in roles including Principal Engineer, Principal Architect, and Senior Director.. When expanded it provides a list of search options that will switch the search inputs to match the . He comes with over 15 years of experience spanning roles in CPG consulting, account management, and building global partnerships and strategy. We also have been investing in newer areas of research such as computational neuroscience, and quantum computing. He served as CEO of Fractal Analytics from 2006 to 2016. He teaches at Santa Monica College. He is passionate about developing problem-solving approaches based on first principles thinking and converting ambiguous canvas into structured roadmaps. What are your thoughts on being a profitable unicorn, which are so few in India? Her interests include harnessing data and technology, including artificial intelligence, machine learning, probabilistic modeling, and algorithms for big data, to build innovative businesses. Since joining Fractal in mid 2017, he has led the $200 million investment from Apax Partners, the acquisitions of 4i and Final Mile, Samya.ai, Zerogons (Streamflux); the strategic investments in Senseforth.ai and Analytics Vidhya; a minority investment in Rx.Health; and the external equity financings and spin outs of Qure.ai and Theremin.ai. 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. Sumit is a Client Partner and leader in Technology, Media & Entertainment practices. Prashant heads Qure.ai our healthcare business using deep learning to help diagnose disease and recommend personalized treatment plans from healthcare imaging data. How about that for an eye-opener? 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. He has done his MA in Economics from Jawaharlal Nehru University (JNU), New Delhi, and BSc (Honors) in Statistics from Delhi University. 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 is a movie buff and loves traveling, particularly to the national parks. He is currently building Eugenie, an enterprise AI-SaaS platform for operational intelligence. Become a Premium member Start free trial. 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. A member of the NASSCOM Executive Council Srikanth serves as a subject matter expert on data and AI. He has worked with Merrill Lynch, Citi, Morgan Stanley, and Booz Allen. 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 has experience of over 15 years spanning across roles in business development, customer success, and regional P&L leadership in analytics and AIML. There is a lot to think about and learn from Srikanth and hence we are publishing this interview for our community. She was a Principal at McKinsey & Company, and held senior positions at AXA Financial and New York Life Insurance Company. Other than Moonraft, Ritesh has also worked with Infosys Technologies. He has served on the Boards of industry organizations including the Insurance Institute for Highway Safety (IIHS), Highway Loss Data Institute (HLDI) and Advocates for Highway and Auto Safety. 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. Rohit has a bachelors in Management from Southern Cross University and a Masters degree in Information Technology from the University of Southern Queensland. The organization was later acquired by Nielsen. Some of the fin-tech companies are using some of those techniques now, 20 years later. Srikanth Velamakanni, group CEO of US-based artificial intelligence firm Fractal. Raj leads M&A integration. He considers himself a lifelong student of mathematics, behavioral economics, neuroscience, and consumer behavior. Anindya is a Client Partner and offshore delivery lead in the insurance and healthcare practice. He comes with over 18 years of experience in predictive analytics and product development. 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). Amit has over 18 years of experience in analytics and AI, strategy consulting for CPG, retail, technology, and financial services organizations worldwide, in diverse markets. If there are any wizened old business barons out there looking for a student to take under their wings, Velamakanni is a good bet. I do still think that relative to the rest of the world, we are quite under-indexed on overall entrepreneurship. 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. You can read more about this announcement in our article here. 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 . 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. We should have been more ambitious and taken bigger risks!. From a size point of view, we are the second-largest . or medium without express writtern permission of moneycontrol.com is prohibited. Vijay is the head of AWS practice and a retail tech leader. There are some industries like that, for example, payments or food delivery. How does the engineering side of things factor into your thinking at Fractal? From Malaviya National Institute of Technology (NIT), Jaipur. 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 is keen on delivering insights at scale by bringing in the relevant data to power AIML and democratize consumption. He has done his Bachelor of Engineering in Information Science and Technology from Bengaluru University. Ed has a long work history in the Property-Casualty insurance industry. He has a keen interest in user behavior analytics, fraud detection, investigations & prevention, and threat hunting. Dipita has over 25 years of experience in enabling decisions with analytics across the largest CPG enterprises globally. 7 Answers. 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. He has played the CTO role for a multi-cloud data offering and was responsible for features, use cases, architecture, and development roadmap. English Deutsch Franais Espaol Portugus Italiano Romn Nederlands Latina Dansk Svenska Norsk Magyar Bahasa Indonesia Trke Suomi Latvian Lithuanian esk . He is a thought leader, driving business transformation through AI, engineering, and design. You realize no one had a straight path to success. Prior to Playdom, Dave was SVP Audience Analytics at CBS Interactive, developing behavioral and survey-based tools to help producers and advertisers understand how consumers engage with video and web content. Ritesh is passionate about Senseforths mission to make technology human-like. Ritesh has over two decades of varied experience, conceptualizing, architecting, and building highly scalable B2B/B2C products and applications. Ideas worth spreading. He has completed his M.Sc and M.Phil in Economics from IGIDR, Mumbai, India. Based in London, he is responsible for driving customer success for Fortune 500 clients in the US, UK, and Europe. (Think broccoli, snowflakes, air bubbles.) Srikanth co-founded Fractal Analytics in 2000, well before analytics and AI were entire industries. Suraj drives the AI @scale division at Fractal, focusing on novel and innovative solutions involving AI, and engineering. Eventually, youll have to procure the data and create those pipelines, which is one aspect of it. This included all eBusiness, Consumer Services, BI/Analytics, Sales Force Solutions, Project Delivery, Business Process Services, and A&D / Company restructuring efforts. Srikanth Velamakanni is the Co-founder, Group Chief Executive and Executive Vice Chairman of Fractal. He has a bachelors degree in engineering from Bangalore University and a masters in systems and operations from IIT Madras. Activity. But I think the next step really is to be a public company. We help them with collecting their receivables. Mrunali is interested in building interconnected decision spines in organizations, digitizing decisions with AI & engineering, analytics strategy for CXOs, and high adoption digital culture. They were much better potential clients than guys who just bought the car rashly and gave it up as soon as they couldnt pay.. 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. And the second aspect of it is deploying them. We both knew mathematics and we both knew finance. As a Senior Vice President at 21. Sagar is a Client Partner and part of Fractal Dimension focused to solve complex problems using AI, engineering, cognitive sciences, and human-centered design. Most recently, Campbell retired from Giant Eagle as the President of Supermarkets leading during a time of rapid growth defined by a period of record comp store sales, market share expansion and transformational growth in the e-commerce business. She is on the Governing Board of IIIT, Delhi. Passionate about analytics, Dinesh has powered impactful digital initiatives and transformed lab experiments into high-impact customer solutions for client organizations. Srikanth reads an average of 40 non-fiction books a year on the aforementioned subjects. Since Srikanth co-founded Fractal in 2000, the company has raised more than USD 300 million from institutional private equity investors. As Vice Chair of SSA & Company, a CA portfolio company, founded and oversees their Digital Transformation Practice. Client Partner, Technology, Media & Entertainment. Fractal serves more than 100 Fortune 500 companies with its AI, data and analytics driven business strategies. We were trying to educate everybody, and it was hard to sell initially. Add. Pavan founded a Sequoia-funded startup, Samya.ai, now acquired by Fractal. 100 companies. Do you have an internal goal for the same? Analytics is like that. Srikanth is the Chair of the board of Qure.ai, that recently raised USD 16MM in funding, less than three years after incubation. 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. Vijay is the head of AWS practice and a retail tech leader. Fast forwardto 2022:the firmis now valued at $1 billion, after the $360 million from TPG. 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. 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 comes with over 27 years of experience spanning building a unicorn, Samya.ai, acquired by Fractal. Named by Fortune as one of the 50 Most Powerful Women in Business and by Crains New York Business as one of The 50 Most Powerful Women in New York, five times each. Akhil has also developed subrogation models from unstructured data using text mining algorithms and HPC tools.. 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. Expertise in data platforms and analytics led to unique capabilities for retail in the areas of customer insights, Pharma Genetics/functional genomics analytics which made research discovery and clinical development possible within a significant digital augmentation, as well as broad based use of IoT data for manufacturing and security operational excellence. We found initial success with ICICIBank, where we worked to create the 30-minute loan product. The road to success is not a straight line. 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. 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. 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. Deb serves on the Board of Directors at publicly held companies including American Eagle Outfitters, Corning Inc., and Meritage Homes. So thats one area of investment. Deb gives of her time and talents to several learning and charitable institutions. Miten has a Bachelors in Electronics & Telecom from the University of Pune, Maharashtra and completed his Executive Programs from Kellogg and Dartmouth, and is Google Cloud Certified. He has worked globally, with significant exposure to North America, Europe, Singapore, and Australia. He is also interested in building, developing, and leading high-performance sales and customer success teams, consistently exceeding revenue targets and client expectations. 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. You feel ready to take on the world. So I don't understand some of those businesses, why they don't make money and how they're building their businesses. Sandeep leads the Supply Chain analytics practice, consulting, and delivery at Fractal. But the crisis, says Velamakanni, has left his team stronger. Velamakanni then interrupts the Fractal story to point out the most important lesson he picked up in those early days: When we started, we thought of establishing ourselves in India first before going abroad. He has completed his BE in electronics and communication engineering from BIT, Mesra. Kathy is a serial entrepreneur and founder of several technology companies, from ideation, scaling up to combined revenue of $45MM. He has 15 years of experience in architecting and building advanced analytics solutions in the fields of personalized marketing, targeted digital advertising, merchandize planning and network optimization. India is going to contribute 91 million to the global workforce in the next 8-10 years. He leads consulting, solution development using AI, Engineering & Design, P&L management, and practice development. However, from a competition standpoint our clients win rate is significantly higher. She has 22 years of experience, having served in progressive leadership positions with some notable global retail brands in both industry and consulting. Somaiya, Mumbai.. The good news is that we do good work and clients pay. CBOs, for the uninitiated, are similar to those subprime mortgages that have walloped global markets out of shape over the past few months. Patterson joined Salesforce in August 2019 and served as Chairman of EMEA Advisory Board and President and CEO International. My experience is that for every dollar of AI spend, you need $10 of engineering spend to make it work.. You are alreadythesecond unicorn in 2022 and it has been just week one of new year. In his earlier roles, Natwar played a key role in building our CPG practice, founded Fractals data science lab called Fractal Sciences, and incubated Crux Intelligence. 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. 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. Alongside, he is also focused on simplifying the adoption of AIML on top of the data platforms. She is also the Wall Street Journal bestselling author of Hire Purpose: How Smart Companies Can Close the Skills Gap. 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. TEDx was created in the spirit of TED's mission, "ideas worth spreading." Karenann Terrell is the former Chief Digital and Technology Officer for GlaxoSmithKline. But AI is such a large and nascent space that there are many victories to be had. 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. Hemant is passionate about creating algorithmic solutions for automated quantitative trading. AV: Well switch focus here and look at it from the community angle. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. He also guides solution design and client value realization for insurance and healthcare practices. Soudip has nearly two decades of experience spanning product development, research, AI, and enterprise software development roles. In 1998, Velamakanni joined ANZ Investment Bank from business school in the structured debt department. So I think going public is consistent with being positioned for the very long term. Raj has a Masters in Mathematics, and in her most recent role, she was the Chief People Officer at Fractal. Before that move, she was a Partner with Kearney, running the Business Process Offshoring Practice globally. Only when you're truly public can you have permanent capital, and that's when you can build it for the really long term. I don't think ed-tech is that space. He has also completed disruptive strategy from Harvard Business School. 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. He is currently building Eugenie, an enterprise AI-SaaS platform for operational intelligence. are the two key features about what Fractal is building: Extreme orientation towards clients and people, and. Amit has over two decades of experience spanning business development, consulting, and delivery. He leads consulting, design and, delivery of transformative analytics engagements with global clients across industries. He also focused on the growth of newly acquired relationships across verticals and led their delivery to create scaled strategic client partnerships. Prior to Fractal, he held senior leadership positions with various notable Fortune 500 organizations and led many large-scale transformations.