Data-driven digital transformations are the key to differentiation and industry leadership
Until recently, decision-making by the leaders of enterprises has been primarily based on their inherent human resources - knowledge, experience, and insights guided by assumptions, personal experiences, individual perspectives, risk profiles, and intuition. Data has merely played a supportive role in molding such decisions.
In the present digital age, critical and analytical thinking take precedence with the most successful enterprises relying on data to make business decisions. Data-driven decisions can be relied on to hedge against human biases and personal agendas with objectivity and an inherent commitment to company-level priorities to deliver more universally beneficial outcomes.
To explore how organizations can fast-track their growth by making more data-driven decisions and overcome challenges on their digital transformation journeys, Forbes India and Quantiphi hosted a virtual panel discussion themed, ‘Leading A Data-Driven Transformation’.
The power-packed panel had representation from a range of segments and leaders, including Vivek Khemani, Co-founder, Quantiphi - an AI-First Digital Engineering company; Dhananjay Joshi, MD & CEO, Summit Digitel; Khushru M. Mistry, CIO & Senior Vice President, Information Technology, Eureka Forbes; Sreenivas Pamidimukkala, CIO, Mahindra Logistics; Vikas Choudaha, Sr. Vice President and Business Head, Godrej Storage Solutions; Srinidhi Shama Rao, Chief Strategy Officer, Aegon Life Insurance; and Rishabhdhwaj Singh, VP, Engineering, Urban Company.