Project Management SymposiumThe chapter conducted a symposium on big data analytics and its adoption
for next generation products and services on 25 March. After a welcome
address by chapter vice president, Shyam Bhavsar, several speakers took
Patanjali Somayaji, co-founder and COO, Walnut, spoke on the four ‘Vs’
of big data – velocity, variety, volume, and veracity. Highlighting the
role of big data in personal finance, he said consumers can track their
spending through a personal finance management mobile app that securely
analyzes SMSs sent by banks for credit card and debit card transactions.
In the next keynote, Prashant Pansare, managing director, Inteliment
Technologies, spoke about the science and art of big data analytics for
project professionals. He said that in this ‘digital steroids age,’
technology and network are the new oxygen for people. He discussed the
role of big data and ‘data in motion’ in product and project forecasting
in key industries.
M Taher Borsadwala, senior vice president, fintech, data governance and
data management, iNautix Technologies, delivered an ‘elevator pitch’ on
data analytics. He explained the four stages of data analytics –
descriptive, diagnostic, predictive, and prescriptive. In the second
‘elevator pitch,’ Mayur Umbarkar, director – analytics, KloudData Inc.,
talked about competitive advantages of big data analytics in healthcare.
Rajnesh Kumar, vice president, operations and general manager, India
operations, Entercoms, Inc., shared case studies from aviation, oil, and
high tech industries that show how big data analytics is bringing down
the cost of services and products and making them better and faster.
Kiran Rajeshirke, delivery manager, Teradata Corporation, talked about
challenges in big data implementations in terms of business
understanding, architecture, and deployment options.
Mr. Rajeshirke, Mr. Borsadwala, Mr. Umbarkar, and Mr. Kumar also took
part in a panel discussion on “Data analytics – The disruption in the
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