2020 Everybody and their cousin started investing in AI! Even as you see increased interest in analytics, bigger IT companies are getting into it. I think there is a case to be made for what we call blitz scaling. Prior to his current role, Abhi served in Senior Leadership roles at Wipro and HCL, where he was responsible for the digital transformation of the Retail business unit by building unique market capabilities and combining them with design and engineering talent at scale. Velamakanni, visibly distraught, explains what happened: Each one of us worked in one global region and we all thought that our own area was important. Deb spent seven years on Fortunes US and International rankings of the 50 Most Powerful Women in Business. His answers are precise and, to be honest, a relief for a journalist looking for a clean quote. She has also served on the Stanford Graduate School of Business Advisory Council, as Chair of ACLI, and as a director at ARCH Capital, Catalyst, and The Economic Club of New York. You might have come across Fractal in the news recently they announced a huge US$ 360 million (~ INR 2700 crores) investment from TPG, a leading global alternative asset firm. 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. She is a business leader and ex-entrepreneur and has previously worked at P&G and Marico brand teams. Previously, Vijay has worked at Manthan (Algonomy) and in Red Prairie (Now Blue Yonder). 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. But egos had been hurt by then. Srikanth Velamakanni 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 Fortune 100 companies. Fractal is a leading player in the artificial intelligence and transformative enterprise decision making space. Gaurav is a Client Partner and head of Trial Run in the business experimentation platform at Fractal. 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. Somaiya, Mumbai.. Looking forward to catching up with the Data Leadership network and making some new connections. A3S protection > Blog Classic > Uncategorized > srikanth velamakanni net worth. She attended the Yale School of Management Executive Education Program. Dipita founded The Modeling Group, an analytics consulting firm helping Fortune 500 CPG companies allocate marketing and trade promotion resources to drive profitable growth. He has a keen interest in user behavior analytics, fraud detection, investigations & prevention, and threat hunting. He is still on a plane once every three or four days. CISP, Lead Auditor.. 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. Fractal's build-to-last map for AI treasure - The Ken So it definitely created its own issues. Ritesh has over two decades of varied experience, conceptualizing, architecting, and building highly scalable B2B/B2C products and applications. He has also co-developed two patent solutions in the areas of predictive analytics and resource optimization. She is currently Vice Chair of the Board of Trustees at St. Bonaventure University and serves on the board of Trustees at Syracuse University. 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. Being a unicorn is a small milestone in the scheme of things when you look back 10 years later. He comes with over 15 years of experience spanning roles in CPG consulting, account management, and building global partnerships and strategy. He has also completed disruptive strategy from Harvard Business School. Rohini joined Fractal to set up the Global Talent Acquisition Capability and lead Special Initiatives. 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. Prior to joining Apax Partners, Shashank spent four years as a strategy consultant with Monitor Company in their London office. This website uses cookies to improve your experience while you navigate through the website. He comes with industry experience to drive end-to-end sales and business operations and franchisee networks, including network setup and growth. Previously, Vijay has worked at Manthan (Algonomy) and in Red Prairie (Now Blue Yonder). Ritesh is passionate about Senseforths mission to make technology human-like. 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. But the crisis, says Velamakanni, has left his team stronger. A member of the NASSCOM Executive Council Srikanth serves as a subject matter expert on data and AI. Suraj drives the AI @scale division at Fractal, focusing on novel and innovative solutions involving AI, and engineering. Srikanth Velamakanni co-founded Fractal in February 2000 and is the Group Chief Executive Officer. He is passionate about developing problem-solving approaches based on first principles thinking and converting ambiguous canvas into structured roadmaps. TED Recommends. Before CBS, Dave held various executive roles in analytics and data infrastructure at eBay covering finance, strategy, and marketing. Karenann is currently a Senior Advisor for Insight Partners, LLC and board member for public and private technology companies. Additionally, Plaksha promotes interdisciplinary learning by bringing together science and the liberal arts. 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 TMT, he consulted semiconductors manufacturing, strategy, and related Private Equity due diligences, influencing $1-3 billion investments. Velamakanni says the next target is to reach $1 billion in 4-5 years. Ford launches automated driving unit Latitude AI months after winding down Argo, Coders losing jobs to ChatGPT will never happen, says NR Narayana Murthy, Benefits of AI lie in enterprise use cases, says NASSCOM Chairman Krishnan Ramanujam, Invest in high-rated bonds from as low as Rs. He received an MBA from Indian Institute of Management and an undergraduate degree from Indian Institute of Technology New Delhi. The longer the period of delinquencythe longer the borrower struggled to pay off the loanthe better the chances of recovering future loans. Before that, he led Analytics at Square, where his team used data to help Square manage risk and improve its products and services for businesses and consumers. He has also worked at MarketsandMarkets, Mu Sigma, IBM, and Daksh. 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. Hemant is passionate about creating algorithmic solutions for automated quantitative trading. His expertise helps build commercial effectiveness, ensuring that customer acquisitions are strategic and profitable with a win-win relationship. Srikanth Velamakanni is the Co-founder, Group Chief Executive and Executive Vice Chairman of Fractal. Its what I did. 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. 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. Fast forwardto 2022:the firmis now valued at $1 billion, after the $360 million from TPG. 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. Could you talk more about your journey? 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 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. 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. Happy learning! He is keen on making analytics and data science consumable, by bridging the analytics-business value chains with problem structuring, design thinking, experimentation, and cross-functional collaboration. Deb is an advocate for the health & education of children. Think of the IT industry. 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 has done MS and BE in computer science and MBA from Stern Business School, New York University. 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. Srikanth Velamakanni is the Co-founder, Group Chief Executive and Executive Vice Chairman of Fractal. Also to create this ecosystem in India and I think contribute to the nation overall because of that. He also leads a few of our strategic client relationships globally and heads our Gurgaon office. 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. Deb partnered with academics from the University of Virginia Darden School of Business on groundbreaking research on women on corporate boards which was published in Harvard Business Review and MITs Sloan Management Review. Ideas worth spreading. Faculty come from institutions such as MIT, Stanford, Cornell, University of Cambridge, NTU Singapore, IIT, IISc among others. 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. 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. 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. Are there any regrets over the whole 21-year journey? I try to coax him along: Was it a leadership issue? Srikanth: I see opportunities everywhere! 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. He has a bachelors degree in Engineering and has done his executive MBA from Symbiosis University, Pune, India. He has an MBA from the India Institute of Management (IIM) Ahmedabad, Bachelors in Accounting from Bangalore University, and a Certified Financial Risk Manager from GARP. Ashlee Vance explores innovations in new tech, software, engineering, and science in places outside of Silicon Valley. Pdo Thread Lift Procedure How Is It Done Benefits And Side Effects Dr Srikanth V Doctors Circle. Rohan serves as a Director on the Boards of ThoughtWorks, EVRY and GlobalLogic. He has worked previously with Unilever and Wipro. Before that, he led Analytics at Square, where his team used data to help Square manage risk and improve its products and services for businesses and consumers. Get TED Talks picked just for you. And weve seen in the last decade that data science is everywhere. Companies will be more profitable, productive, customer-centric, and secure, because they have used analytics and AI to power those decisions. Add. You feel ready to take on the world. 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. Like (97) Share. She joined Gupton Marrs from Wachovia Bank, where she led Customer Experience and Loyalty across the enterprise. Rohit is the leader of ANZ business, responsible for growth, client development, and P&L. In some ways, co-founders exiting in 2007 was a setback. From the revenue standpoint, I think the next logical step is to think of $1 billion in about four or five years. He also focused on the growth of newly acquired relationships across verticals and led their delivery to create scaled strategic client partnerships. In that sense, the pie that we can address also becomes much, much larger. Before Fractal, Gaurav worked at Tech Mahindra, Schindler Elevators, and ABB. CISP, Lead Auditor.. His interests lie in integrating AI, Data Science, Behavioral Science, and Design to address complex health and social challenges. She is currently an Independent Director with UBS Bank USA and serves on the Audit & Risk Committees. Free catering for all employees came from SAS and soon, taking a leaf out of Googles book, a 10% personal project time may be implemented, Insecurities Of A Young CEO:Sometimes when I am out seeing a movie with the family, I look at myself in T-shirt and jeans and wonder if thats appropriate CEO attire. Srikanth Velamakanni on LinkedIn: Fractal - India's Best Workplaces for The boldness of vision and the willingness to commit a higher degree of capital would also be useful. Her capabilities include deep knowledge regarding technology engineering and support for global supply chains, merchandising, finance, cyber security and enterprise infrastructure. Since retiring from the military, McChrystal has served on several corporate boards of directors, that include Deutsche Bank America, JetBlue Airways, Navistar, Siemens Government Technologies, Fiscal Note, and Accent Technologies. The road to success is not a straight line. roup Chief Executive & Vice-Chairman at Fractal. 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. Gavin Patterson was appointed President & Chief Revenue Officer, Salesforce on August 1, 2020. Tell us what youre interested in and well send you talks tailored just for you. Ed is still active in the business. Now AI is everywhere, and it is just powering our lives in a very significant way, like improving the video quality of this call. 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. Prophetic: In March 2007, Velamakanni's company built a mathematical cricket . He is a thought leader, driving business transformation through AI, engineering, and design. Biju is the Chief Evangelist of Fractal and Chairman of FinalMile Consulting. Guha has previously worked at Grainger, AbsolutData, Volvo, and Ingersoll Rand. In terms of talent, almost 60 per cent our employees are from the premium institutes such as IIMs and IITs. We are much better positioned to handle problems because of that. Velamakanni only shifted back to India in May 2007 from the US. Miten has over 25 years of technology experience in building and growing partner ecosystems and communities to drive repeatable, scalable, profitable & non-linear growth. After dinner, as he drops me in his car to the nearest taxi stand, I ask him if he has any regrets. WATCH. Srikanth co-founded Fractal Analytics in 2000, well before analytics and AI were entire industries. Guha has previously worked at Grainger, AbsolutData, Volvo, and Ingersoll Rand. Additionally, Sandeep is helping take Fractals healthcare AI product (Qure.ai) to market. He comes with over 19 years of experience in the ICT, Cloud, Data Analytics, and AIML industry, with a focus on start-ups in Australia and New Zealand. 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. At Fractal, he is playing the new game that is emerging at the intersection of human and machine intelligence. Under Debs leadership of P&Gs Live, Learn and Thrive Program, Asia delivered more than 325 million Liters of clean drinking water to Asias poverty ridden and disaster struck areas improving the lives of more than 100 million children in Asia. Patterson is Chairman of Business in the Community, a Non-Executive Director at Elixirr Consulting, the APAX backed AI business Fractal and EQT backed Delta Fiber. We are in a business that has many winners. However, understanding this clash of egos involves going back to the genesis of Fractal Analytics and Velamakannis career moves after business school. Sagar is amongst the early Fractal members driving 100X growth over 14 years. AV: You mentioned Fractal wants to invest and scale up in a lot of new areas. This email id is not registered with us. Not many survived, and they all have morphed into something else or sold their business. Her responsibility for the global Walmart Technology portfolio included both Information Systems Division(ISD) and Global Back Office Solutions. On top of massive and long-standing shifts in the strategy and business results, Beth is most proud of founding Food Lion Feeds program which continues today and is approaching serving one billion meals toward hunger-relief for our most vulnerable and underserved populations. Srikanth Velamakanni on LinkedIn: Best founder of a Unicorn? I find it Ed has a long work history in the Property-Casualty insurance industry. 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. He has a bachelors degree in engineering from Bangalore University and a masters in systems and operations from IIT Madras. Srikanth Velamakanni: Thanks a lot. They were ready to trust us. Today, he says, he sometimes wishes theyd headed off to the US and South-East Asia sooner than they did. His passion for AI and analytics has made him a thought leader in the space and an admired public speaker. With his expertise, he helps enterprises drive better decisions with the right strategy and problem-solving approach, leveraging the power of AI and the Cloud. But then, if not that, something else would have happened. And this fundraise actually helps us in both. TED Conferences, LLC. Kathy is a serial entrepreneur and founder of several technology companies, from ideation, scaling up to combined revenue of $45MM. Guha is the product and technology leader for Samya.ai business unit. Under his leadership, Fractal has developed several product lines within the company including Cuddle.ai, Eugenie.ai and Qure.ai. Other than Moonraft, Ritesh has also worked with Infosys Technologies. And the suitwithout a tiedoesnt add any years. 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. So think about that for a minute!. Let us say that we don't do TV ads and adson cricket matches. All rights reserved. She was also the Former Trustee of the Center for Economic Development, in Washington D.C. Andy Walter is a business results-driven professional with extensive experience in strategy, development, execution, and operations across Shared Services and IT. He believes in building AI products to solve complex real-life problems (e.g., climate change) by changing priorities for people and processes. Chetan comes with nearly two decades of experience spanning roles in designing and building data engineering, business intelligence, and analytics solutions. 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. Prior to Fractal, Amit worked at Kotak Mahindra Bank across business development and product management roles and at Cedar Management Consulting. Her technology remit included responsibility for all cyber security efforts globally. He also actively follows US politics and American late-night talk shows, such as Stephen Colbert, Trevor Noah, Hassan Minhaj, and Jimmy Kimmel. Rasesh is the CIO and Head Global Business Services. 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.