Page 4 - Digital Transformation Dec Edition 2020

CIO VIEW

Discussion boards, CIO & IT Director – CrIF Key Takeaways: different action points
Interactive Sessions, India. “Credit scoring “One of the main like skill and individual
Insightful Webinars, requires handling of a benefits is the ability details of the job
Online Industry Expert large amount of data to run across large seeker,” says Harmit
Lecture Delivery, Health and correlating it to volumes of data to Singh Malhotra, GM-IT
& Fitness Yoga & produce the desired predict an outcome. broadcast & Corporate,
Meditation Classes have outcome. Traditional The value of machine republic-TV. “It was a
been a part and parcel analytics methods learning models lie in boon for the Hrs as
of the solutions,” says could not keep up their relative lack of they no longer had
Nikhil Kumar Nigam, with this demand. To limitations. Commercial to sort the resumes
Associate Director – uncover new insights, credit scoringalgorithms again and again and
Technologies, Amity we needed new ways of use machine learning also if the person had
Education Group. technology to integrate already applied then the
real-time data trends feedback was saved and
Key Takeaways: and human decision shared with the HODs.”
With the making. At CrIF, we are republic Media
collaborative platform, with machine learning also setup a COVID
Amity has been able to models to help achieve committee that
build an Agile Future- our digital strategy was responsible
Proof Network of objective,” he further
Applications ensuring explains.
security aspects that has Continuous Machine
a promising business learning has helped
Continuity plan. “We PINkes ambVat to attain higher
also understood that CIO & IT Director – accuracycompared to
Change management CRIF India the manual algorithm
is crucial and should be while there was also
at the center of your an improvement in
digital transformation top-line revenue due to
strategy. Also, one looking at data.” improved match logic
should be always Future CrIF has efficiency. harmIt sINgh
ready and Continuous implemented Machine malhotra
Transformation is the Learning using latest IT Broadcasting & GM-IT Broadcast &
only strategy,” he technologies for its Media Corporate,
observes. matching algorithms, republic Media Republic-TV
and it is showing Network is one of the
Fintech significant results. It is fastest growing and
CrIF High Mark using different machine leading news brand in for monitoring the
Credit Information learning technologies to India when it comes to employees coming to
Services is an rbI build the ML Model that English or Hindi News office are safe and also
approved credit bureau can provide detailed channel. The Hr team the people they are
in India. As part of its and deep understanding at republic is always staying with. To ensure
digital transformation needed to improve in search of the best this an application
journey, CrIF has credit decisioning talents and receives a was set up in a short
implemented machine models for assessing large number of resume span of time wherein
learning. the risks and also offer on their email. the data regarding the
“The challenge for us several advantages over “We hence created employees’ temperature
was to analyse growing those that use human the resume repository and health is updated
volume and variety of judgment or traditional (talent portal) with before employee reaches
data,” Pinkes Ambvat, statistical models. office for work.

4 27 DECEMbEr 2020