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What Are Effective Data-Led Strategies for Businesses?

What Are Effective Data-Led Strategies for Businesses?

AIM Research, in partnership with Tableau Software, hosted the exclusive invite-only roundtable conference, AIM Data-Connect 2023, on April 12, 2023. The event aimed to explore the benefits of investing in data and how a data-led strategy can drive efficiency and cost savings for an organization.

Benefits of Investing in Data:

Investing in data is essential for businesses that want to achieve efficiency and cost savings. By adopting a data-led strategy, companies can make more informed decisions, identify areas for improvement, and optimize their operations. Data provides businesses with a comprehensive understanding of their operations, which helps them identify patterns, trends, and insights that would otherwise go unnoticed.

AIM Data-Connect 2023 aimed to help leaders understand how they can make better decisions, optimize their operations, and ultimately achieve their goals with greater efficacy by adopting a data-led strategy. The event kicked off with a keynote address by Tableau, followed by a roundtable discussion with CXO Power Players focusing on ways to invest in data to enhance decision-making, gain a competitive advantage and optimize company operations.

AIM Data-Connect 2023 brought together a diverse group of attendees, including:

• SBI Cards - Gopal Malakar, SVP - Analytics & Data Science

• Mahindra & Mahindra Ltd. - Vineet Shukla, Group Vice President (Head of Data)

• HDFC Bank - Abhishek Saxena, Vice President & Head – Liability & Digital Analytics

• Vodafone Idea - Asok Kumar, Head Analytics

• ICICI Securities - Nilotpal Gupta, Head of Data Science

• Sharekhan Limited - Suyog Kulkarni, Head Data Analytics

• Aditya Birla Capital - Preetam Biswas, Head Of Analytics, Aditya Birla Health Insurance Company Limited

• IKS Health India - Dhruv Rastogi, Vice President & Head of Data Science

• Reliance Digital Retail - Amit Ray, CIO

• Yes Bank - Ragesh Nair, Senior VP

• Yes Bank - Raja Banerjee, President

• L & T Infotech - Dharmesh Shah, Associate Principal - Data Engineering.

These attendees represented Chief data/digital officers, technical and business decision-makers, Head of data, VP, Analytics, Head of data science and analytics, and data and analytics practitioners, bringing diverse perspectives and experiences to the roundtable discussion.

Key Takeaways

  • Invest in data to enhance efficiency and achieve cost savings for your organization.
  • Adopt a data-led strategy to make informed decisions and identify operational improvements.
  • Attend events like AIM Data-Connect 2023 to learn from industry leaders on data investment.
  • Leverage insights from data to gain a competitive advantage in your market.
  • Engage with diverse professionals to share best practices in data analytics and decision-making.