Data driving BFSI, exciting times ahead!

Dr Ravi Gupta

Today, staying connected to a device and depending on technology to accomplish small as as well big goals, is usual.

Have you ever thought, how much data we generate every day due to this increased connectivity?

As per the media reports, 2.5 quintillion bytes of data were created each day in 2018, and the pace is only accelerating with the growth of the Internet of Things (IoT).

Not surprising that this abundance of data generation calls for an urgent need of data analytics deployment, which almost every leading industry is banking on,
including the technology front-runner BFSI sector.

Something that seems very usual today believed to have begun centuries ago and still surprising us with its progression. Reportedly, the history data analysis that led to today’s advanced big data analytics started way back in the 17th century in London.

Underlining this promising piece of innovation, our cover story titled -Analytics Augmenting the Game for BFSI is an attempt to explore how data generated is analysed and helps financial institutions in augmenting ahead.

This special issue also carries exclusive interactions and write-ups featuring Dr. Amitabh Rajan, Chairman, Reserve Bank of India Services Board, Vinod G, HeadData Science & Analytics, South Indian Bank, Utpal Chakraborty, Chief Digital Officer, Allied Digital Services, AI & Quantum Researcher, Shivakumar Nandipati, Chief Digital Officer, Fedfina, Tanuj Jain, Head – Credit Policy and Analytics- SME, Retail & Rural, DCB Bank Ltd., Sankaranarayanan Raghavan, Chief Technology and Data Officer at IndiaFirst Life, Amol Godha, Strategy & Data Analytics Head, Reliance Nippon Life Insurance and many more.

We dedicate this issue to the leaders who are revolution the space of Data Analytics, Artificial Intelligence, by implementing relevant strategies

We believe that our latest issue carrying such a unique collection of conversations and opinions would be an interesting read. Stay safe and happy reading!

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