Session Summary
The AI ROUNDTABLE 2019 that we conducted in Chennai on 13th June in collaboration with Microsoft was a huge success. The event was conducted at Courtyard by Marriott, Chennai and had 25+ attendees from over 20+ companies. This included IT and Industry leaders from Auto, FMCG, Manufacturing, Construction, BFSI and many others.
The theme of the conference was “Leverage Analytics, AI & ML intelligently and efficiently for manufacturing industries.”
Dr Shankar Venugopal from Mahindra and Mahindra gave an enlightening keynote on the disruptive impact of digital technologies in different industries tracing its origin, right from the first digital camera of kodak to autonomous self-driving vehicles.
As per Mr. Venugopal, disruptive changes by digital technology are having a direct impact because of the increasing amount of data which is being generated and the computation power of modern computers. He introduced Peter Diamandis’ 6D framework and explained the same with relevant examples. He concluded with the challenge of riding the wave of digital technology causing disruption in almost every industry.
Mr. Randhir Hebbar from Convergytics along with his Team (Mr. Lalu S, Mr. Soumyo Dey and Ms. Chaitanya Kayasri) presented different case-studies of the solutions that Convergytics has effectively delivered to different clients and enabled its customers to reduce costs and adapting to changing consumer needs and how to deal with those with the help of Next Generation Business Intelligence applications along with Cost Optimization and Better ROI, how to Increase inventory turns through real-time insight into supply-demand balancing across channels and suppliers, how to enhance revenues using detailed analyses of SKU-level sell-through and sell-in data, how to Boost sales performance by giving representatives real-time insights into product availability and Managing supplier relationship.
Also elaborated on how to retain and acquire customers for AI products and how to provide the correct assistance and solutions to clients when they need it.
Interesting questions posed by the audience mostly regarding AI/ML and IOT were addressed by them along with team Convergytics.
Key Discussion Points
The delegates animatedly discussed on different topics around AI/ML and IOT in Manufacturing and other industries. Some of the Interesting questions came from the audience were regarding data patterns, external components inclusion in the forecast, to what extent of the processes can be automated, issues faced while deploying IOT solutions.
Special Thanks to Mr. Veera Srinivasan from Saint-Gobain for his support in conducting the AI Round Table successfully.
Different questions were given at AI Roundtable and participants discussed and came up with solutions.
- Which industry penetrated AI?
- Where AI has progressed in terms of penetration?
- What are the Use cases for organization ?
- What are the Challenges you faced?
The conference was a very interactive, with the attendees speaking up and sharing their opinions with the speakers.
The event concluded with a networking dinner wherein some of the attendees has expressed their interest for a one or two-day AI and ML workshop. Convergytics is planning for the same, where the focus will be on detailing out the use-cases identified by the Client, trashing out the details of the ROI from each of the use-cases and building a business case for one or two use-cases along with the IT and Business Leaders from the organization.
We thank everyone who has participated and made this event a success.
