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How to Build a Business-owned Data & AI Strategy: Volvo Penta’s Digital & Data Journey – Sudharshan Ravi, Volvo Penta AB

Volvo Penta has embarked on a journey to become a digital and data-driven industry leader in sustainable power solutions. There is strong emphasis on the importance of data and digital services within the leadership today. This presentation at the Data Innovation Summit 2024, is led by Sudharshan Ravi, Vice President & Head of Data at Volvo Penta AB! This session focuses on the Data & AI Strategy’s creation, strategic framework for data adoption, navigation of the implementation challenges and impact of the transformation. Key takeaways:

  • Strategic Framework for Data & AI Adoption: Understanding the foundational elements required to initiate and shape a successful data transformation within the automotive industry.
  • Navigating Implementation Challenges: Recognizing common challenges in transitioning to a data-driven approach and learning strategies to overcome these obstacles.
  • Impact and Transformation: Observing the real-world impact of a data-driven strategy, highlighting the transformative power of data in driving business success.

During an on-site interview at the summit, we had the pleasure of speaking with Sudharshan! In this interview, Sudharshan shares his thoughts on how it feels to be speaking on such an event. Sudharshan also underscores the challenge of showing value out of data, analytics, and AI.

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