CEO of Boston Analytics Explains the “Business” of Analytics at Speaker Series
On November 28, the Center for Financial Studies (CFS) at the Lally School featured a presentation by Inder Thukral, PhD. ’95, CEO of Boston Analytics.
During the seminar, Thukral provided a practitioner’s view of business analytics with examples from the financial services sector to demonstrate how this space is evolving. He explained that business analytics is experiencing rapid growth in the global marketplace due to widespread adoption across multiple industries and business processes.
Thukral examined business analytics from several vantage points: the taxonomy and magnitude of a business opportunity, strategic positioning and business models, and the individual and organizational competencies necessary to succeed. He also created a case for business analytics as complemented by the theoretical foundations of business discipline that exist today.
Since 2011, Thukral has served as CEO of Boston Analytics, a small but rapidly growing global analytics firm with operations in the U.S., Middle East, and Asia. His background includes 16 years at IBM in various capacities including management consulting, new business development, and emerging markets. Thukral earned a doctorate in decision sciences and engineering systems at Rensselaer.
During the seminar, the CFS Modeling Competition first- and second-place teams were announced. These two teams moved on to the International Association of Financial Engineers Annual Modeling Competition in December. As part of the CFS modeling competition, six teams solved a challenging case on a current issue. The winners were determined by a panel comprising CFS co-directors and external reviewers.
The first place team members are Manjia Huang ’12, M.S. FERA; Xiao Tang ’12, M.S. FERA; and Qingshan Zeng ’12, M.S. FERA. The second place team members are Ke Cao ’13, M.S. FERA; Ce Shi ’13, M.S. FERA; Eric West ’13, M.S. FERA; Zach Harper ’13, M.S. FERA; and Jie Yan ’13, M.S. FERA