Data can give competitive advantage to companies – Big Data Experts
While telecom industry is going through tough times, Big Data will have a big impact and will give competitive advantage to companies according to experts. MIT School of Telecom Management (MITSOT) as a part of its World Telecommunication Day program had organised a special Conference focusing on “Big Data for Big Impact” at MIT- WPU premises at Kothrud, Pune.
Mr. Mohan Sathe, Vice President – Operations, Global Sourcing Group (Chief Guest), Dr. Sunil Patil, Managing Director, Indus Valley Technologies (Guest of Honor), Mr. Prashant Pansare, Managing Director, Inteliment Technologies (Conference Chairman) and Dr Milind Pande, Project Director, MITSOT were present at the Inaugural session.
The annual MITSOT Telecom Awards were also given away on the occasion to leading organizations who have performed exceedingly well in their respective sectors like Telecom, ICT etc.
The companies who received the Awards for 2017 included REDINGTON INDIA LTD (Excellence in Supply Chain Solutions in IT and Digital Life Style Products), SIGMA OSS SYSTEMS INDIA PVT. LTD. (Excellence in Catalog-driven software solutions for communications, media, and high-tech companies), SCHNEIDER ELECTRIC INDIA (Excellence in reducing energy expenses, meeting sustainability goals, improving performance and guaranteeing uptime for telecom players as well as deploying & operating data centers for telecom services while using colocation & cloud services to increase revenue), LAVA INTERNATIONAL LTD. (Excellence in Mobile Handset Manufacturing (Make in India) and SAVEX TECHNOLOGIES PVT. LTD. (Excellence in Information & Communication Technology Distribution Services)
A panel discussion on “Big Data for Big Impact” was held on the occasion. Mr. Vinay Gupta, Head – Data Analytics & Business Excellence, Suzlon Group moderated the session while experts including Mr. Bhupesh Gahrotra, Vice President – Technology, Accenture Solutions, Mr. Kishor Himane, Director – Global Services, PTC India, Mr. Sanjay Patwardhan, Head – BI and Data Analytics COE, Cybage Software and Mr. Prasad Deore, Regional Head, NASSCOM participated in the discussion.
Mr. Mohan Sathe in his Keynote Address said that while telecom industry was witnessing turbulent times, this challenge should be taken as an opportunity . All the big enterprises today require big data to get more clarity on their operations and therefore students of Telecom should also look at other enterprises for career opportunities other than just Telecom companies. Dr Sunil Patil said that change in the business dynamics is driving the overall change. Dynamics have shifted to demand side and telecom companies need to be consumer centric. Revenue generation today has to come from data as voice is free. Also companies need big data for optimizing internal operations and reducing costs. Also Digitization in companies is bringing about a big digital transformation. However all said and done, ultimately data should help solve challenges and issues we face everyday.
Mr. Prashant Pansare said that Telecom today is labelled as Data Centric Business. There is a lot of raw data available but it needs to be analyzed in the right manner for it to give the competitive advantage. He also complimented MITSOT for organizing such Conference since it facilitates industry-institute interaction and that too on such important subjects. He said that everyone talks of the bridging the gap between the Industry & Academics but these kind of initiatives, which witnessed participation of management students in such large numbers was indeed heartening and a welcome step.
Dr Milind Pande welcomed the Industry delegates while Dr. Jaideep Jadhav, Head – Examinations, MITSOT presented the vote of thanks.