The 10 Most Innovative Leaders in AI & Big Data, 2024

VOL 03 I ISSUE 13 I 2024 Tech-Drive The 10 Most Leveraging The Aspects of AI Innovative #EraofAdvacements Leaders in Revamping Business AI & Big Data, 2024 Opera?ons with AI and ML Wayne Liu Chief Growth Officer, President of America Perfect Corp. Innova?on Through Innova?on Through Failure: Failure: Wayne Liu’s Liu’s Liu’s Trailblazing Journey to Collec?ve Success and Business Triumphs in the Tech Industry

Big data is at the foundation of all the megatrends that are happening today, from social to mobile to the cloud to gaming.

Editor’s Note Inclusivity in Tech Leadership tep boldly into the fundamentals of innovation, where visionary leaders don their mantles and chart the course towards a new horizon of possibilities. These leaders are not your typical S captains of industry; they possess a unique amalgamation of skills that transcends mere technical prowess. They navigate their organizations through unexplored realms, reshaping entire industries with their forward-thinking approaches. At the core of this new epoch lies visionary foresight—the ability to peer into the nebulous future and discern the evolving needs of tomorrow, both for their enterprises and the broader industry. These leaders possess an innate acumen for identifying emerging technologies, anticipating market shifts, and foreseeing disruptions, positioning their companies for sustained success over the long haul. As technology becomes increasingly intertwined with society, ethical considerations take center stage. Leaders of this technological revolution prioritize ethics, ensuring their organizations operate with integrity and accountability. They comprehend the societal ramifications of their innovations, striving to develop technology that upholds ethical standards and values. Yet, they do not traverse this path alone. Successful tech leaders understand the potency of collaboration and inclusivity, assembling diverse teams that bring forth a plethora of perspectives and talents. By cultivating an environment where every voice is valued, they ignite the flames of innovation, empowering their organizations to confront the multifaceted challenges of the modern tech landscape. In this brave new world, the customer is sovereign. Tech leaders recognize the paramount importance of delivering products and services that authentically cater to the needs of their users. By remaining attuned to their customer base, these leaders can refine their strategies based on real-world feedback, ensuring their innovations resonate within the marketplace. Join us on an expedition with CIOLook as we delve into the captivating narratives of the 10 Most Innovative Leaders in AI & Big Data in 2024. Explore their visionary perspectives, resilience in the face of change, ethical compass, collaborative ethos, customer-centric approach, appetite for risk- taking, anddedication to continuous learning. These attributes are not merely desirable; they are indispensable. Through their leadership, these luminaries not only shape the trajectory of their organizations but also leave an enduring imprint on technology and its societal impact. So, turn the pages and immerse yourself in these exciting narratives. Anish Mier E

Innova?on Through Failure: 08 Wayne Liu’s Liu’s Liu’s Trailblazing Journey to Collec?ve Success and Business Triumphs in the Tech Industry Profile Marina Pashkevich 24 Pioneering Data Excellence in Advanced Analy?cs Articles C O V E R S T O R Y Tech-Drive 20 Leveraging The Aspects of AI #EraofAdvacements 28 Revamping Business Opera?ons with AI and ML

Featured Person Company Name Brief StoryIQ Isaac is a skilled data analyst with a passion for deriving Isaac Reyes Data Analyst insights from complex datasets. storyiq.com Pooja M Bansal Ivan is a seasoned professional in the field of data Editor-in-Chief Speechlab Ivan J. Galea science, renowned for his expertise in leveraging data- speechlab.ai Sr. Data Scientist driven insights to solve complex problems. CONTENT FOLLOW US ON Kevin is known for his ability to analyze large datasets, Kevin Tran Blue Eclipse Inc. identify trends, and communicate findings effectively. Data Analyst blueeclipse.ca WE ARE ALSO AVAILABLE ON Marina Pashkevic Marina’s journey is marked by a profound passion for DESIGN VP Data Governance, technology, a firm commitment to driving innovation and Oshkosh Corporation a deep-seated belief in the transformative power of data Advanced Analytics & and AI. Artificial Intelligence Piotr Lech CONTACT US ON Brakes UK, Ltd. Piotr is a talented machine learning engineer with a Machine Learning passion for leveraging data to build innovative solutions. brake.co.uk Engineer SALES Renan is responsible for developing and executing the XP Inc. Renan Diniz organization's data strategy, ensuring the effective xpinc.com Chief Data Officer management, analysis, and utilization of data assets. Rodrigo Abt Rodrigo specializes in designing and implementing Mercado Libre TECHNICAL Machine Learning machine learning algorithms and models to solve mercadolibre.com complex business problems. Engineer Sebastian Kaus Sebastian is responsible for spearheading the Vattenfall,group organization's data strategy, overseeing the acquisition, Chief Data vattenfall.com SME-SMO management, and analysis of data assets. Officer Silvio collaborates with cross-functional teams to Silvio Ferrari Manchester Investimentos understand business requirements and develop data- driven solutions that drive business growth and improve Data Analyst manchesterinvest.com.br decision-making processes. sales@ciolook.com Wayne Liu Wayne has been the driving force in this scenario, Perfect Corp Chief Growth Officer navigating strategic business development, innovative March, 2024 perfectcorp.com leadership and a trademark approach into the very core of and President of Perfect Corp.’s triumphant story. America Division

COVER Innova?on Through Failure: STORY Wayne Liu’s Liu’s Liu’s Trailblazing Journey to Collec?ve Success and Business Triumphs in the Tech Industry Wayne Liu Chief Growth Officer, President of America Division Perfect Corp. It’s about more than just functionality but also about creating an experience that’s intuitive, engaging and seamless.

ayne Liu is emerging as a dynamic force in The fundraising venture didn’t unfold as anticipated, the buzzing realm of technology, currently prompting Wayne to reflect, “It was a humbling W managing the responsibilities of Chief experience, revealing a vital business lesson.” This pivotal Growth Officer and President of America Division at moment underscored the significance of a solid Perfect Corp. His journey from a startup garage to the monetization strategy. Wayne acknowledges, “Having a At the core of my vibrant trading floors of the NYSE is evident great product and cutting-edge tech isn’t enough. Investors achievements in showcasing a distinctive path carved in the ever- look for a proven business model showcasing sustainable leading and evolving Tech industry. revenue.” positioning the Picture a startup taking its first steps, navigating This revelation propelled a shift in focus, prompting company in uncertainties and eventually stand tall on the grand Wayne and the team to reassess their approach. They competitive stage of the NYSE. Wayne has been the driving force in realized that business transcends mere innovation and this scenario navigating strategic business user acquisition. Wayne emphasizes that it’s about markets is a blend development, innovative leadership and a trademark having a comprehensive strategy covering all of personal approach into the very core of Perfect Corp.’s operational facets. This shift marked the beginning of a philosophies and triumphant story. concentrated effort on technological advancement and the formulation of a robust business model geared for practices I hold Wayne is a seasoned global strategist, skillfully long-term growth and success. dear. navigating executive relationship intricacies and adeptly leading cross-functional teams through This lesson, learned through the crucible of fundraising, complex business landscapes. His expertise spans became the guiding principle for Wayne’s trajectory, pivotal technologies, including AI, AR, SaaS, and cloud, navigating the company towards its current standing. contributing to unprecedented revenue and As Wayne reflects on the journey, “It’s more profitability gains in fiercely competitive markets. than just innovation—it’s about a holistic strategy that paves the way for sustained Moreover, Wayne is a proficient public speaker with the success.” ability to distill complex technical and business concepts into clear, compelling narratives. His words Cultivating Collective Success resonate not only with industry peers but also with diverse audiences, teams and stakeholders connecting Leading global teams requires a on a personal level. nuanced approach and Wayne emphasizes the importance of Let’s explore how Wayne blends technical prowess, developing a strong company culture. strategic acumen and a captivating narrative that Clear communication, inclusivity and continues to propel Perfect Corp. to new heights! empowering team members with decision-making autonomy are crucial The Road to Resilience elements. Wayne’s leadership approach is rooted in empathy, understanding and Embarking on the journey to the New York Stock a willingness to embrace calculated Exchange, Wayne’s path unfolded through a series of risks. transformative moments that generate together to shape the very core of their business philosophy. Each Global Impact, Local Resonance instance, whether monumental or subtle, played a role in crafting their operational strategies. In the quest to distinguish themselves by shaping strategies, Wayne and the team have zeroed in on key In the midst of this dynamic journey, one experience areas that define their success. “First and foremost is our stood out as a crucial turning point—the initial foray commitment to embracing the latest and most remarkable into formal fundraising. As Wayne recalls, “We were technologies,” says Wayne. They don’t merely participate riding high on rapid user growth and positive tech in the technological landscape—they lead the way, reception, thinking venture capitalists would jump on pioneering advancements that set new standards. The board.” However, reality dealt a different hand. goal is not just to create great products but to achieve

perfection in every technological aspect. This relentless company culture. Communication plays a pivotal role, pursuit of innovation ensures their products not only as Wayne emphasizes, “By clearly communicating our meet expectations but consistently exceed them. vision and goals, we ensure that every team member, regardless of location, understands the company’s mission Another cornerstone of their strategy revolves around and aspirations.” prioritizing the user experience. According to Wayne, “It’s about more than just functionality but also about This shared sense of purpose is more than a creating an experience that’s intuitive, engaging and motivational tool, Wayne highlights its importance, seamless.” The continuous refinement of their apps and stating, “It guides our employees’ decisions, actions and platforms reflects their dedication to user-friendly, results, embedding our values into the very fabric of their optimized solutions, fostering loyalty and ensuring daily work.” Alongside clear communication, fostering an users keep coming back. inclusive environment is crucial. Wayne underlines the significance, noting, “Respecting individual differences Strategic partnerships form a vital part of their growth creates a workspace where diverse perspectives are integral strategy. “We’ve extended our collaboration beyond the to our collective success.” beauty and fashion industries to include tech giants like Google and Snap,” Wayne notes. These partnerships Empowering team members with decision-making transcend mere alliances; they are opportunities to autonomy, as Wayne points out, enhances the enhance technological capabilities and expand reach. collaborative dynamic. Management becomes relevant Collaborating with industry leaders allows them to and responsive to varied contexts. Recognizing integrate specialized solutions into extensive platforms, achievements further reinforces the value of teamwork elevating their offerings and accessing new markets. and the significance of every contribution. The approach to global expansion is nuanced, as Wayne Tech Innovation and Market Outlook explains, “It’s not just about taking our brand global; it’s about making it resonate locally.” This twofold strategy In the world of technology, Wayne believes that involves spreading their influence worldwide while perpetual curiosity and a hunger for learning are staying attuned to local needs and preferences. essential. His teams stay at the forefront through Understanding regional differences allows them to continuous learning, active participation in industry customize offerings, maintaining a delicate balance events and significant investments in research and between global brand identity and local cultural development. Wayne’s vision extends beyond present adaptation—a challenge they wholeheartedly embrace. success, positioning Perfect Corp. for continued growth It’s about steering clear The result is a comprehensive strategy that propels and relevance in the tech industry. them towards sustained success in the ever-evolving of technical lingo and business landscape. The Winning Formula using analogies and Distinguishing themselves in the competitive tech “At the core of my achievements in leading and positioning metaphors, drawing landscape, Wayne and his team at Perfect Corp. the company in competitive markets is a blend of personal parallels to everyday prioritize embracing cutting-edge technologies, philosophies and practices I hold dear,” says Wayne. His prioritizing user experience and forming strategic success is rooted in a passion for continuous learning, experiences to make the partnerships. Wayne states, “It’s about more than just with Wayne noting, “I’ve always been fascinated by the functionality; it’s about creating an experience that’s ever-evolving landscape of technology and consumer content more digestible intuitive, engaging and seamless.” This commitment behaviors.” This curiosity drives him to explore new and relatable. ensures sustained success and global resonance while trends, ideas and innovations by staying current and staying attuned to local needs. forward-thinking to anticipate the next big market shift. Diverse Perspectives, Collective Success Wayne emphasizes the importance of building strong relationships, stating, “Success isn’t just about what you Leading global teams in a dynamic technological know but who you connect with.” Nurturing connections landscape requires a nuanced approach. At the heart of with team members, partners and industry peers this approach is developing and reinforcing a strong provides invaluable insights and opportunities for

forming collaborations built on trust and mutual resources is dedicated to exploring new technologies respect. and their applications, positioning Wayne’s teams at the forefront of technological innovation. Wayne’s leadership approach is characterized by empathy, understanding and a willingness to embrace Wayne’s ‘secret recipe’ for success blends continuous It’s about risk. Innovation often involves stepping into uncharted learning, relationship-building, empathetic leadership, understanding our territory, Wayne highlighting the significance of calculated risk-taking, and maintaining a healthy work- messages and calculated risks in achieving significant breakthroughs. life balance. His approach ensures not only personal Additionally, Wayne values the power of balance, growth but also serves as a guiding philosophy for ensuring they acknowledging, “While deeply passionate about my work, success in the ever-evolving business landscape. align with our I recognize the importance of stepping back, reflecting and values and recharging.” This balance ensures focus and creativity, Learning as a Shared Journey preventing burnout and maintaining fresh perspectives. contribute Wayne leads by example, actively engaging in learning positively to our In Wayne’s own words, his ‘secret recipe’ for success is a and staying updated with industry trends, organizational combination of lifelong learning, strong relationship- demonstrating that continuous growth is integral to the building, empathetic leadership, calculated risk-taking, work. He aims to create an atmosphere where learning narrative. and maintaining a healthy work-life balance. It’s a is a shared journey and a fundamental part of daily formula that has not only driven Wayne’s achievements operations. but also serves as a guiding philosophy for success in the competitive business landscape. Encouraging his team to embrace the philosophy of ‘fail fast, learn fast,’ Wayne believes that failure is often a From Learning to Leading stepping stone to innovation and growth. He provides a ladder for the team to climb high while offering a safety In the world of technology, Wayne firmly believes that net, ensuring team members feel comfortable trying resting on your laurels is not an option. To stay ahead, new things without fear of repercussions. perpetual curiosity and a hunger for learning are essential. Wayne ensures his teams stay at the Adaptability is a core value for Wayne, reinforced by forefront by promoting continuous learning and recognizing and rewarding efforts to learn and evolve. exploration, emphasizing that it’s not just about formal Acknowledging achievements in acquiring new skills or training but nurturing an environment where learning adapting to change motivates individuals and is part of the job. Team members are encouraged to strengthens the collective mindset of staying agile. experiment, explore new ideas and share their findings. Wayne fosters a culture that combines a commitment to ongoing personal development, a supportive Staying connected with the broader tech community is environment for innovation and recognition of another crucial aspect of Wayne’s strategy. Actively adaptive efforts. This approach ensures that the participating in conferences, webinars and industry team remains nimble and ahead in their dynamic forums, as well as hosting flagship events like the industry. Beauty and Fashion Tech Forum and The Master Series allows his teams to gain insights into emerging trends Digital Disruption and engage with thought leaders and innovators. Wayne sees it as being part of the larger conversation, The strategic integration of cutting-edge understanding where the industry is headed and technologies, as emphasized by Wayne, identifying how to align strategies accordingly. has been transformative, revolutionizing the consumer Investing heavily in research and development is a shopping experience and cornerstone of Wayne’s approach. He emphasizes that propelling our enterprise this investment goes beyond financial aspects, customers’ businesses. extending to allocating time and space for teams to According to Wayne, these engage in research and development activities. This technologies have enabled us commitment ensures that a significant part of their to offer highly personalized

and immersive virtual try-ons creating a profound For him, it’s about cultivating a culture where architecture—systems, processes and structures. In challenging situations, Wayne evaluates how existing impact on customer engagement and fostering strong innovative thinking is not only encouraged but also brand loyalty. nurtured within a framework that ensures operational structures support or hinder objectives ensuring that continuity and reliability. Creating a space where new organizational design effectively addresses the challenge. Simultaneously, the Human Resource Frame This heightened engagement translates to tangible ideas can be explored and tested is crucial. However, he results. Increased sales conversions stem from equally values the importance of ensuring these reminds Wayne to consider the impact of decisions on innovations align with core business objectives and the team. It’s about understanding and responding to consumers being more confident and satisfied with their needs ensuring decisions are empathetic and their purchases. The scalability and accessibility don’t compromise operational integrity. supportive of their growth and well-being. facilitated by cloud technologies have played a pivotal role in expanding our global reach. Simultaneously, Strategic planning holds a significant place in Wayne’s Wayne recognizes the significance of the Political Wayne highlights that the efficiency of our SaaS model methodology. It involves not just looking at short-term results and long-term impact but also understanding Frame guiding him in navigating power dynamics and has streamlined operations for our partners leading to a stable revenue stream. the steps and resources needed without disrupting diverse interests within the organization. It focuses on negotiation and compromise. The Symbolic Frame, on ongoing operations. This comprehensive evaluation includes weighing potential risks and benefits, along the other hand, urges Wayne to consider the cultural The digital nature of our solutions, Wayne emphasizes, has additional benefits. Cost savings and sustainability with a well-thought-out implementation plan that implications of his decisions. “It’s about understanding our messages and ensuring they align with our values and are achieved through reduced reliance on physical considers all possible scenarios. contribute positively to our organizational narrative,” samples and product returns. Rapid innovation and responsiveness to market trends, driven by these Communication and agility are at the heart of Wayne’s Wayne states. advanced technologies have allowed us to maintain a balancing act. He stresses the importance of open lines of communication across all organizational levels to Integrating these frames enables Wayne to approach competitive edge. Wayne states, “We’ve seen substantial growth in revenue and market presence, underpinned by ensure everyone is aligned with the vision and aware of challenges holistically, balancing immediate needs with and level of expertise of my audience,” he notes. This long-term implications on the organization’s structure, deep and close customer engagement.” The strategic their roles in the bigger picture. This not only aids in insight allows him to tailor content to the right level. fusion of these technologies has not only shaped our early issue identification but also resolves potential people, politics, and culture. This comprehensive present success but positioned us for continued growth problems swiftly. Wayne’s structured yet flexible approach, influenced by Reframing Theory has been Visual aids are integral to Wayne’s presentations, with and relevance in the market. approach enables quick adaptation to changes, seizing instrumental in guiding Wayne through the diagrams, charts, infographics, and videos playing a new opportunities while maintaining the core stability complexities of leadership and decision-making. significant role. “They enhance comprehension and Strategic Simplicity of operations. Wayne’s methodology embodies a keep the audience visually engaged,” Wayne harmonious integration of innovation and stability, Future Outlook emphasizes. His public speaking approach is about Discussing intricate technical and business concepts in fostering a dynamic yet reliable business environment. simplifying, contextualizing and engaging. By public speaking, Wayne finds both challenge and Looking ahead, Wayne envisions Perfect Corp. not only transforming complex concepts into compelling reward. His approach, as he explains, revolves around Wayne’s leadership philosophy centers on the belief as a leader in beauty and fashion tech but as a narratives and tailoring them to the audience’s needs, making these concepts accessible and relatable to that innovation and stability complement each other. trailblazer shaping the future of the tech industry. His he ensures that his messages are not just heard but are diverse audiences, irrespective of the audience’s His structured yet flexible approach ensures contributions stand out in an ever-evolving landscape impactful and resonant, making technical and business expertise. Wayne starts by simplifying complex ideas, operational continuity while fostering an environment and Perfect Corp.’s trajectory aligns with Wayne’s discussions accessible to all. breaking them down into understandable terms and for innovative thinking. Wayne’s methodology commitment to continuous innovation and global avoiding jargon. He shares, “It’s about steering clear of embodies a harmonious integration of innovation and resonance. As technology advances, Wayne’s foresight Wayne highlights the transformative impact of technical lingo and using analogies and metaphors, drawing stability propelling Perfect Corp. to dynamic yet positions Perfect Corp. as a driving force in shaping the integrating cutting-edge technologies at Perfect Corp. parallels to everyday experiences to make the content more reliable heights. tech industry’s future. These technologies enhance the consumer shopping digestible and relatable.” Humor often finds its way into experience, foster brand loyalty and contribute to his talks, adding a touch of lightness. Leadership Lens increased sales conversions. The strategic fusion positions Perfect Corp. for continued growth Wayne incorporates storytelling, recognizing that Wayne incorporates Dr. Lee G. Bolman’s Reframing emphasizing scalability, accessibility and sustainability. humans are drawn to narratives. “I weave stories that Theory into his decision-making process, stating that highlight the real-world impact of the technologies or different leadership frames offer a comprehensive lens The Agile Leader strategies being discussed,” he says. These stories not for addressing organizational challenges. It’s a only make the presentation more engaging but also multifaceted approach to understanding and managing Wayne’s approach, as he puts it, is grounded in the provide valuable context. Understanding the audience administrative issues. belief that innovation and stability aren’t mutually is paramount in Wayne’s approach. “Before any speaking exclusive but rather complement each other. engagement, I invest time in understanding the background The Structural Frame, as Wayne explains, emphasizes the importance of organizational

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Tech-Drive Leveraging The Aspects ofAI rtificial Intelligence (AI) has become an integral part of our daily lives, revolutionizing industries A and driving technological advancements. From self-driving cars to virtual personal assistants, AI has permeated almost every aspect of modern society. Leveraging the various aspects of AI has the potential to transform the way we work, interact, and innovate. In this article, we will explore the different facets of AI and how they can be harnessed to bring about positive changes in our world. Machine Learning: The Foundation of AI Machine learning is one of the foundational aspects of AI. It's a subset of AI that enables systems to learn from data and improve their performance over time. This technology has seen significant applications in various domains. In healthcare, machine learning is used to analyze medical data, make accurate diagnoses, and even predict disease outbreaks. In finance, it is employed for fraud detection, risk assessment, and algorithmic trading. In marketing, machine learning algorithms power recommendation systems, personalizing user experiences and increasing engagement. One of the key strengths of machine learning is its ability to handle massive datasets and extract valuable insights. By leveraging machine learning models, businesses can gain a competitive edge, optimize operations, and make data-driven decisions. 20 21 www.ciolook.com | March 2024 | www.ciolook.com | March 2024 |

Furthermore, the adaptability of machine learning Robotics and Automation: AI in the Physical World algorithms makes them a powerful tool for automating repetitive tasks and enhancing productivity. Robotics and automation are closely tied to AI and are instrumental in streamlining physical processes. From Natural Language Processing: Transforming manufacturing lines to healthcare, AI-driven robots and Communication automation systems are revolutionizing the way work is done. Natural Language Processing (NLP) is another crucial aspect of AI, focusing on the interaction between In manufacturing, robots equipped with AI can humans and machines through natural language. NLP assemble products with precision and speed, reducing enables machines to understand, interpret, and errors and increasing efficiency. In healthcare, robots generate human language, making it a game-changer in assist with surgery, deliver medications, and even various fields. provide companionship to patients. In logistics, drones and autonomous vehicles use AI to optimize routes and In customer service, chatbots and virtual assistants are make deliveries. powered by NLP to provide instant support and resolve customer queries. Translation services are benefiting The potential for AI-powered robots and automation from NLP, making communication between people who goes beyond these examples. They can be used in speak different languages easier. In content creation, agriculture for precision farming, in construction for AI-driven tools are helping writers generate high- heavy lifting and dangerous tasks, and even in the home quality content quickly. This aspect of AI is not only for tasks like cleaning and maintenance. transforming communication but also enhancing accessibility, making information more widely available. Ethical Considerations: The Human Element in AI Computer Vision: Seeing Beyond the Eye While the potential benefits of AI are immense, it's essential to consider the ethical aspects. As we leverage Computer vision is the branch of AI that empowers AI's capabilities, we must also address issues like bias in computers to interpret and understand visual algorithms, data privacy, and the potential for job information from the world. It has applications ranging displacement. It's crucial to ensure that AI is developed from facial recognition to autonomous vehicles. For and used responsibly, with transparency and fairness in instance, self-driving cars rely heavily on computer mind. vision to navigate and avoid obstacles. To address these concerns, governments, businesses, In the healthcare sector, computer vision is used for and AI developers need to collaborate to create medical image analysis, helping doctors make accurate guidelines and regulations that promote ethical AI diagnoses and treatment plans. In manufacturing, it practices. Ensuring that AI technologies are used to assists with quality control by identifying defects in benefit society as a whole is a collective responsibility. products. The retail industry benefits from computer vision in inventory management and cashier-less In conclusion, AI is a multifaceted technology that has checkout systems, where cameras track items selected the potential to transform industries and improve the by customers and automatically charge their accounts. quality of our lives. By leveraging the various aspects of AI, we can streamline processes, enhance Leveraging computer vision is not limited to large communication, and make more informed decisions. A year spent in articial corporations. Small businesses can employ this However, it's imperative that we do so with ethical technology for tasks like inventory management, considerations in mind, striving for a future where AI security, and even social media marketing, where image benefits all of humanity. As AI continues to evolve, it intelligence is enough to recognition can identify brand logos and track the will offer us even more opportunities to innovate and reach of marketing campaigns. improve our world. make one believe in God. 22 www.ciolook.com | March 2024 |

Marina Pashkevich VP Data Governance Oshkosh Corporation Marina Pashkevich Pioneering Data Excellence in Advanced Analytics arina Pashkevich is emerging as a Marina’s journey is marked by a profound passion for transformative leader in the dynamic realm technology, a firm commitment to driving innovation M of data governance, advanced analytics and and a deep-seated belief in the transformative power of data and AI. As she embraces the future, Marina is artificial intelligence. Her journey began years ago as a statistician, crafting valuable insights through poised to seize the abundant opportunities that lie statistical models that not only addressed companies’ ahead in the ever-evolving landscape. Let’s explore pain points but also fueled revenue generation through more! the power of data and analytics. As a visionary executive, you’ve played a crucial role in Marina’s fascination with technology’s potential to enabling business growth through ML and AI projects. revolutionize businesses led her to pivotal roles at What inspires you to lead transformative initiatives industry giants. As the ML and Big Data practice leader and how do you foster a culture of innovation within at IBM, she honed her expertise in advanced analytics your team? and AI. Marina further enriched her skills and insights at AT&T, SAS along with Sprint solidifying her I have always been inspired by the leaders in our understanding of evolving data technologies. company, our CIO, CEO who brought an innovative DNA to our business and transformed our organization Motivated by a desire for a broader impact and a into the leading technology company, encouraging open commitment to driving strategic initiatives, Marina communication and breaking down silos, which created assumed the role of Vice President of Advanced a fertile ground for creative problem-solving and Analytics & Artificial Intelligence at Oshkosh innovation. Corporation. Here, she focused on leveraging data to The power of technology and innovation to drive optimize business decisions and foster informed positive change and unlock new opportunities for choices. growth is what inspires me to lead transformative initiatives. To foster a culture of innovation within any In a strategic move last year, Marina transitioned to the team I believe it’s important to follow the following role of VP of Data Governance at Oshkosh principles: Corporation. She firmly believes in the indispensability of a robust data governance strategy, emphasizing its Ÿ Communicating a Compelling Vision pivotal role in ensuring data quality, integrity and Ÿ Encouraging Creativity and Calculated and security. Marina sees data governance as the linchpin Acceptable Risk-Taking for effective data-driven decision-making and an Ÿ Promoting Collaboration and Cross-Functional accelerator for an organization’s AI journey. Teams Ÿ Recognizing and Celebrating Success 24 25 www.ciolook.com | March 2024 | www.ciolook.com | March 2024 |

The skills you’ve highlighted cover a broad spectrum, from ML & AI business transformation to analytics for the supply chain. How do you balance and integrate these skills to create a comprehensive approach to data-driven decision-making within the organization? To create a comprehensive approach to data-driven decision-making within an organization, it is important to balance and integrate various skills related to AI, ML, analytics and business operations. To create a comprehensive approach to data-driven decision we need to do the followings: Ÿ Understand business pain points and goals. Ÿ Identify relevant skills and expertise. Ÿ Leverage AI and analytics for critical use cases and integrate into business process. Ÿ Understand AI tools and capabilities and encourage continuous learning. Ÿ Embracing New Technology and Innovation, Cloud infrastructure is a key component in today’s Ÿ Maintain a Constant state of learning. data landscape. How does Oshkosh leverage cloud technologies to enhance analytics capabilities and How do you see the role of AI and advanced analytics what challenges have you overcome in the process? in shaping the future of the company, particularly in optimizing business outcomes and driving profit At Oshkosh, we leverage cloud technologies to enhance improvements? our analytics capabilities in many ways. Cloud technologies provide us with the scalability and AI and advanced analytics have the potential to goals. Here are some strategies we employ to ensure a Ÿ We invest in training and development to equip flexibility to handle large volumes of data and complex transform businesses by providing valuable insights, cohesive and aligned approach: team members with the skills they need to analytics tasks. This allows us to scale our analytics optimizing outcomes and driving profit improvements. collaborate effectively. capabilities up or down based on our needs and to By leveraging AI technologies, companies can make Ÿ Clear and open communication is the foundation of quickly adapt to changes in our business environment. data-driven decisions, improve operational efficiency effective collaboration. We ensure that all teams How do you stay informed about emerging trends in and gain a competitive edge in the market. AI and understand the organization’s goals, the role they AI, big data and analytics and how do you incorporate Cloud technologies give us access to a wide range of advanced analytics play an important role in shaping play in achieving those goals and how their work these insights into the company’s strategy? advanced analytics tools and technologies. These tools the future of companies by optimizing business intersects with the work of other teams. This helps enable us to analyze our data in more sophisticated outcomes and driving profit improvements. to align everyone’s efforts and promotes a sense of I use a variety of methods to stay updated, including ways, to generate deeper insights and to make more When it comes to business optimization outcomes AI shared purpose. participating in professional associations, joining online informed decisions. While leveraging cloud analytics tools enable to discover new insights in Ÿ We encourage the formation of cross-functional discussions and forums and leveraging social media to technologies to enhance our analytics capabilities has accelerated way and recommend actions based on teams that include members from the data, connect with industry leaders and influencers. presented some new opportunities and the benefits opportunities identified by specific tasks and goals. AI analytics and business teams. This allows for a we’ve gained in terms of scalability, flexibility, cost can help predict business and marketing outcomes, diversity of perspectives and skills, which can lead One of the important trends is the integration of AI and efficiency, access to advanced tools, and data security enabling companies to make more informed decisions to more innovative solutions. It also helps to break analytics in business and IT strategies. Collaboration have made it a worthwhile investment. and take successful courses of actions. down silos and promotes a better understanding of and teamwork allow us to understand business goals, each team’s challenges and contributions. identify opportunities and integrate innovative Collaboration is often vital in large organizations. When it comes to profit improvements AI and advanced Ÿ We leverage collaborative tools and technologies methodologies into the business process. This requires How do you foster collaboration between data, analytics enable companies to gather, sort, analyze, and that facilitate communication, information sharing a collaborative effort across all levels of the analytics and business teams to ensure a cohesive and present information in a way that enhances growth, and project management. These tools make it easier organization, from the executive team to the front-line aligned approach to achieving organizational goals? analysis, efficiency, and operations. Data analytics for teams to work together, regardless of their employees. provide a critical component of a company’s probability physical location while ensuring that everyone has Fostering collaboration between data, analytics and of success and can benefit both large enterprises and access to the information they need. business teams is crucial for achieving organizational small businesses looking for a competitive edge. 26 27 www.ciolook.com | March 2024 | www.ciolook.com | March 2024 |

#EraofAdvacements Revamping Business Operations withAI and ML usinesses in the modern world are being innovative by initiating numerous changes in their working strategies to bring about a positive difference in B their product/service offerings. The rapidly changing market with customers’ demanding behavior and rising operational costs are pushing businesses/organizations to innovate through various means of technologies and creative strategies. New technologies that have significantly boosted business operations through multi-functional enhancements are observed through Artificial Intelligence (AI) and Machine Learning (ML), respectively. AI has been in use for quite some time now. The modern technologies of AI/ML are the substantial evolution in IT innovation and data science by transforming a vast gamut of industries worldwide. Data plays a vital role in various functions, decision-making, and business projections in every business organisation. The AI methodology indicates the algorithms and processes that can simulate human intelligence, including mimicking cognitive functions such as perception, learning, and problem-solving. Machine Learning and Deep Learning are subsets of AI. It is also seen in four distinct types from basic to highly advanced functionalities: Reactive Machines, Limited Memory, Theory Of Mind, and Self- Awareness. Data Analytics-Management The data is generated, processed, and transferred exponentially faster. It involves many highly skilled resources in data management. The new technology of AI/ML offers numerous ways to out of the volumes of data it collects, provides business statistics, automates tasks, and advances in system capabilities. Data forms an important resource for every business organization as it. Time and Effort Optimization The numerous algorithms in AI contribute to handling the basic tasks that otherwise would have demanded the involvement of valuable resources. 28 29 www.ciolook.com | March 2024 | www.ciolook.com | March 2024 |

AI tools assist many operations with fast data process- Industry-based Applications ing with categoric results in significantly less time. The skilled team members can focus on higher-end tasks AI applications in Healthcare are pivotal in increasing suitable for their technical and business skills. It also clinical efficiency, speeding up diagnosis with consider- assists in data finding and specific search of the able accuracy, and contributing to patient recovery required quickly. outcomes. Significant Cost Reduction Today, the leading companies in this niche are using Machine Learning to develop a real-time predictive The AI applications handle numerous basic level analysis product named SPOT which stands for Sepsis operations with seamless ease and accuracy, helping Prediction and Optimization of Therapy. This has businesses reduce high variable costs of manpower played a crucial role in the quick and accurate detection required in the same activities. Companies spend large of sepsis-a potentially life-threatening situation. amounts of money on fees to the workforce specially employed for the functions. The same work on data Moreover, the energy sector has undergone noticeable gathering-processing-analysis-storage and Inference transformations with the advent of modern technolo- details has impressively saved good amounts of gies. The AI/ML applications in the energy sector aid in employee salary expenses. the development of smart power plants, optimize energy consumption and cost, develop predictive maintenance schedules, and considerably optimize field Enhanced Customer Satisfaction and safety operations. The AI features provide constant support with built-in AI/ML in the financial services industry is helping in features that identify the customer queries and need to identifying the fund and portfolio management that process them with positive replies seamlessly. Custom- includes personalized customer services, improvement in risk identification and analysis, and better prepara- ers get the basic information through the company’s AI tion in tackling complex frauds, cyber-crimes, and system up to certain initial levels of communication. Customers feel valued and attended, hence are happy money laundering cases. with the company. The insurance industry is significantly benefited The features of AI like chatbots give customers a through the AI/ML applications in its areas of seamless spontaneous, interactive experience and provide all the claim settlement, product suggestions, and illustration relevant details that are asked for. The system is generation based on customer inputs. The basic already fed in with the questions and suitable answers, duplicating and repetitive tasks are easily covered by which are logically connected through the algorithms AI, which otherwise consumes many people. helping to read the conversation messages and respond appropriately. Partnering with Technology Significant Increase in Revenue The role and applications of AI have been widespread in numerous industrial sectors. The modern age is The AI systems' logical data processing functions help witnessing business organizations partnering with AI identify the cost-optimizing solutions and pinpoint the for shouldering basic operations is a great leap ahead. cost-consuming variables. The finance department is The scope and scalability of the AI are huge, provided enabled through the AI applications in the right aspects, the functional areas need to be rightly identified. The thereby helping in resource optimization. The business new age of the Hi-Tech Future has already begun. projections are based on impressively accurate figures generated by the AI applications in decision-making and planning. 30 www.ciolook.com | March 2024 |

Artificial Intelligence is not a substitute for human intelligence; it is a tool to amplify human creativity and ingenuity. www.ciolook.com

The 10 Most Innovative Leaders in AI & Big Data, 2024

The 10 Most Innovative Leaders in AI & Big Data, 2024

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