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Visionary speakers at the Big Data Summit

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1. Patrick Schwerdtfeger In one of the TED conferences, Patrick Schwerdtfeger made a very interesting observation which forms the premise of this whole theory behind Big Data & Analytics. Patrick says, that the human mind is capable of making 10 million observations in 1 minute. Smell, sight etc. Out of which it can make sense of (retain) only 40 observations which it then uses to predict the immediate outcome. For example, on the highway, a seasoned driver would know if the car ahead is likely to take an unexpected swerve and endanger lives; or a coach knows if the tennis player is likely to make a double fault. Intuition? Remarkable as it may sound, but it also means that 99.99% of these observations go unreported, and that’s where machines can trump humans. This is the premise on wh...

Innovative analytics startups showcased at the Big Data Summit

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Can a conference of the size and magnitude of the NASSCOM Big Data & Analytics Summit, be complete without an extensive Product Showcase? Certainly NOT! It’s the showcase session, which provides that vital connect between global best practices and what’s truly happening at ground level. It is a huge confidence booster of sorts, to witness complex technology unfolding right in front of our eyes, and not typically shackled by the two dimensions of a power-point, accentuated by the oratory skills of the presenter and other optical paraphernalia, notwithstanding. 3-D trumps 2-D. Any day! Let us have a brief look at these products which will be showcased, and try to capture what will hold the august audience in thrall. Arya Arya.ai is an AI based research companion app built with users̵...

Big Data Summit: Just Got Bigger & Better

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A cynic is likely to remark that there more number of Big Data & Analytics conferences held in a year, than the actual proliferation of the avowed technology. While the world is filled with their ilk, and their presence (or absence if we are lucky) should not be a cause of undue concern, yet there are rare occasions when one is able to face criticism head on, especially when the cards are loaded in one’s favour. The cards ARE loaded in our favour this time! NASSCOM Big Data & Analytics Summit 2016 comes packaged with a high degree uniqueness, which cannot be missed. The proverbial value-add “isn’t just another value add” in a complex maze of over-sell, and here’s an opportunity to see why not: 1. It is the first Analytics event to focus on AI. Unarguably, it takes a lot of effort a...

Big Data Summit – Sessions you can’t miss

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When you walk into any large conference, there is a feeling of being overwhelmed because of the flurry of activities all around. It helps, if one is able to identify beforehand which are the key sessions and plan accordingly. Conferences are also great places to establish and renew business connects after all. This an attempt to capture some of the key knowledge dissemination sessions. Needless to say, this cannot be conclusive, but there does prevail a certain degree of familiarity. The participant base is rich and diverse, and we do appreciate that there will be varying levels of interest. Day 1 – 23rd June (Thursday)    You should attend the Welcome Address by the Former Chairman of NASSCOM, Mr B.V.R. Mohan Reddy. He will provide an outline on the thought process behind this event, and ...

Re: Collaborative Approach at Work: Analytics Cos and Large Enterprises

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Kotak Securities – Heckyl Technologies In July last year, Kotak Securities had tied up with data analytics company Heckyl Technologies to provide real-time news, market information, and insights for trading in futures and options. The information was to be offered to clients through two analytics applications developed by Heckyl, and be made available on the brokerage firm’s trading platform. At that time, the leadership team at Kotak had said that investment in technology would help clients make trading decisions based on robust data, by combining real-time market data, news and analytics in an intuitive and easy way, to cater to diverse needs of investors and traders. 

Collaborative Approach at Work: Analytics Cos and Large Enterprises

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India boasts of a very vibrant start-up ecosystem. In sheer numbers, it is estimated ~4000. Out of which, about 10% can be said to be in analytics. Given this exceptional pool, larger enterprises are increasingly leveraging these analytics startups to enhance / build capabilities which are critical but non-core to their business. Interestingly, start-ups that are focused on areas such as speech analytics, text analytics, video analytics, social media analytics, sentimental analytics, high-end visualization, telematics, geo-spatial, sensors etc are finding favour with these firms. Also, the engagements could be in different ways, including – white labelling of the product, common go-to market strategy, direct financial investment, acqui-hire, access to know-how and domain to name a few. Som...

Here’s the Money, Honey!

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Arguably, funding is a common enough challenge and if not addressed on time, it has the potential to derail strategic initiatives. Why strategic, come to think of it, even day-to-day operations are likely to get severely impacted! As recent as few days back, the Indian Analytics industry was agog with news of fresh infusion of funds in two companies – Bridge i2i and Fractal Analytics. Let us briefly capture their moments of joy, as we join in with a loud round of cheer. Bridge i2i On 1st June in Bangalore, it made an announcement of securing Series A growth capital from Edelweiss Private Equity, the Venture Capital and Private Equity arm of Edelweiss Financial Services, one of India’s leading diversified financial services conglomerate. The company http://www.bridgei2i.com/#home was founde...

Ongoing Research: Demystifying AI – Aladdin’s Lamp?

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Sci-fi movies have only added on to the myth. Whether machines will eventually trump humans, is a debate which has steadily moved away from university level ruminations to capture not just leadership mindshare, but often constitutes the core of international conferences, studies, whitepapers and the like. That algorithms are a better bet than humans in performing repetitive tasks is now widely gaining acceptance, but can they be made to play better Chess? Perhaps yes. To what extent can this venerable idea be stretched and put to viable commercial use? This is just a teaser. As you apply your mind to it, the realization dawns on many areas: Admittedly, all answers may not be forthcoming as the space itself is rapidly evolving. But certainly a sincere attempt can be made to place before the...

Big Data & Analytics Summit 2016 – Opportunity Beckons

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The Summit, like all other large NASSCOM conferences brings together industry professionals under a common theme. This time it is Big Data & Analytics. It is not just a big wave, but an area of focus as well for companies, and is touted to be the key differentiator in future, between successful enterprises and the also-rans. Big Data has transcended to a point where it is now safe to say that it is disruptive, aided by exponential growth of internet and connected devices. The quantum of growth of machine generated data at the shortest conceivable time, may best be described as explosive. Against this industry backdrop we have the 4th NASSCOM Big Data and Analytics Summit to be held on 23rd June and 24th June, 2016 has crafted the theme, “Rise of Algorithms and AI: Complexity to Competi...