Data, AI, and the Sustainability Shift!
Welcome to this edition of LatentView’s ‘Why’ Axis monthly newsletter. This newsletter is your one-stop shop for understanding what's happening across industries – and, more importantly, WHY it matters. We present the most interesting industry developments from the LatentView lens.
Industry Perspectives
Automotive
There’s AI in SustAInability!
There’s a notion that sustainability and efficiency are at odds, especially in the industrial sector. Well, AI is here to challenge and change that. Companies like Stellantis are embedding AI into their production processes, demonstrating the immense potential to reduce costs, improve product quality, and meet ambitious sustainability goals. Stellantis has achieved an over 20% reduction in the manufacturing carbon footprint since 2021 and is on track to reduce production costs by 40% by 2030. This underscores the tangible benefits AI can deliver, especially in reducing waste and improving resource use. The integration of technologies like AI, digital twins, and autonomous robots is not just streamlining operations; it’s making factories smarter and more agile. As AI continues to evolve, the industrial sector must double down on smart, scalable solutions that contribute to a greener, more sustainable future.
- Prashant Vishnupad | Business Head – Industrials, LatentView Analytics
Consumer Packaged Goods
Clean Data, Clear Impact: The Future of Sustainability
Without clean, actionable data, any promise of environmental responsibility risks being empty. To truly drive change, brands need to commit to rigorous data frameworks that do more than just manage information; they need to enable real transparency and accountability. It’s inspiring to see Kenvue understand the connection between good data practices and meaningful, lasting change in sustainability. By prioritizing clean data and focusing on accessibility through extensive training, they’re making sustainability operational. CPGs can make genuine progress toward a healthier planet by creating integrated purpose-driven data ecosystems.
- Nikki K. | Delivery Head – Hi-Tech, LatentView Analytics
LatentView Insights and Highlights
How Industries Are Using AI-Driven Analytics To Enhance Sustainability
A PwC report states that AI for environmental applications could contribute up to $5.2 trillion to the global economy in 2030. Sanjay Annadate , Business Head – Europe, LatentView, shares a few use cases where AI and analytics help organizations push their ESG goals forward in his article. He highlights that organizations with strong data infrastructure and advanced AI models will lead the pack in sustainability efforts.
Return On Innovation: Leaders Take Long-Term View Of GenAI Investments
Up to 40% of all open job roles in the banking, financial services, and insurance (BFSI) sectors are focused on AI hires. This trend reflects a rush driven by AI FOMO alongside strategic investments for the future, sparking a broader conversation among BFSI leaders about how to leverage these capabilities effectively in the long run. Parijat Banerjee , Business Head – Financial Services at LatentView, outlines the three key areas of AI/GenAI transformation that can offer BFSI companies short-term rewards while satisfying long-term business objectives.
Expand or Perish: CPG Companies Focus on Securing Their Data Analytics to Foster Sustainable Growth
To boost their chances of success, CPG brands must sharpen their strategies and leverage data to identify inefficiencies and ensure a solid foundation before entering new markets. Kaushik Boruah , Business Head - CPG & Hospitality at LatentView, highlights three ways a robust data analytics infrastructure can help brands manage global operations, optimize supply chains, and tailor campaigns for diverse audiences.
Q2FY25 Financial Performance and Highlights
We are pleased to announce our financial performance for Q2FY25, marking our 7th consecutive quarter of revenue growth. We achieved ?2,090 million in revenue, reflecting a 34.2% increase compared to Q2FY24. Further, we were recognized as a Supply Chain Leader for Specialty Analytics Services in the ISG Provider Lens Report 2024. We elevated our partnership with Databricks to Elite C&SI (Consulting and System Integrator) status, further strengthening our data capabilities for enterprise clients. From enabling GCCs to empowering GenAI adoption, we are well-positioned to deliver excellence for our clients.
Recent Events
AI Risk & Reward: Navigating the Business Landscape
We recently brought together AI leaders from various industries to discuss how to balance AI's potential with evolving regulations and risks. Attendees got a glimpse of the current EU AI landscape and explored best practices and strategies for AI adoption while managing risks and regulations. One of the key highlights was a deep dive into the EU AI Act, with the experts sharing practical strategies for driving AI growth without crossing the compliance line. The event also featured a panel on cutting through the AI hype to maximize value while minimizing risks.
EvoLV: LatentView’s Investor Day
November marks the third anniversary of our historic IPO listing, and we recently hosted LatentView's Investor Day. The event brought over 150 of our valued institutional investors together for an in-depth look at LatentView's vision, solutions, and the market trends shaping the future. We shared how our strategic positioning and advanced analytics solutions are driving innovation and value creation across industries. From real-world impact to industry outlook, we had some sparking conversations.
Datanomics: Powering CX 2.0 in Financial Services with GenAI
We were happy to bring together some of the brightest minds in financial services at our New Jersey event, Datanomics: Powering CX 2.0 in Financial Services with GenAI. We thank all attendees for their perspectives on bridging the gap in existing analytics and GenAI capabilities to drive scalable CX initiatives. As we stand at a pivotal moment in the evolution of financial services, we are eager to continue hosting events focused on this industry that empower business leaders to stay ahead of the curve.
We Presented at NVIDIA's AI Summit 2024
We had a great time at NVIDIA's AI Summit 2024. We enjoyed sharing the stage, exchanging insights, and discussing the latest in AI, particularly the rising interest in Agentic AI with the brightest minds across industries. While GenAI has dominated conversations in recent years, "Agentic AI" has emerged as a new focus. At the summit, our leaders, Ganesh Sankaralingam and Theagarajan Thanikachalam , highlighted the potential of LLM models for code generation in their keynote session.?
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