With a background in Banking, Financial Services, and Insurance (BFSI), as well as Consulting, Subhalakshmi Samanta is a young leader with a solid background in technology who has not only completed courses in Big Data Analytics and AI/ML but also brings extensive experience to her role as the CEO of PrediQt. She has consistently demonstrated leadership and strategic foresight throughout her career.
As the co-founder of PrediQt, a technology startup specializing in AI/ML and Data Analytics, Subhalakshmi has led the company to remarkable success. Under her guidance, Prediqt has become a beacon of innovation and excellence in the IT industry. Through strategic planning and unwavering dedication, she transformed Prediqt from a boutique analytics startup to a global leader in intelligent business solutions. By fostering a culture of innovation, forging strategic partnerships, and charting a course for growth, she played a pivotal role in shaping Prediqt’s trajectory. The company has gained the trust of clients worldwide and established itself as a trusted partner in the dynamic landscape of data analytics, serving over 25 satisfied clients across India, USA, UK, and the Middle East. The PrediQt family, now comprising 110+ members, has expanded its presence in West Bengal, Pune, Hyderabad, and New Delhi.
Subhalakshmi’s belief in the value of data lies in extracting meaningful insights that facilitate decision-making. Under her leadership, the PrediQt team has achieved milestones, including the development and implementation of an LLM-based recommendation engine in collaboration with a prominent deep tech company based in London. Her team, inspired by her guidance, is actively involved in creating solutions in generative AI and Computer Vision, enhancing consumer experiences across diverse industries such as Retail, E-Commerce, Real Estate, and Healthcare.
With a firm commitment to an impeccable value system, Subhalakshmi perceives the key to success as establishing trust among all stakeholders—Shareholders, Employees, Clients, and Vendors. She has cultivated an organizational culture based on the pillars of Respect, Ownership, Trust, and Integrity, positioning PrediQt as a respected entity within the industry. Her goal is to make PrediQt a “Great Place to Work” by 2024.
Subhalakshmi actively represents PrediQt in various influential forums such as CII, ICC, and BCCI, and is a sought-after speaker in both corporate and academic circles. Her leadership contributions were acknowledged when she was featured as one of the ‘Top 10 Women Leaders from Kolkata – 2023’ by WomenEntrepreneurIndia! She was also honored with the Business Excellence award by iLEAD India in 2023.
Subhalakshmi played a vital role as a member of the Indian Business Delegation team at the Business & Investment Conference India – Vietnam in Vinh Long Province and Ho Chi Minh City from March 4th to March 8th, 2024. During the event organized by the Consulate General of India in Vietnam, she shared her insights on how artificial intelligence (AI) is revolutionizing the consumer experience.
Recently, on April 24, 2024, PrediQt signed a Memorandum of Understanding (MOU) with the University of CUU LONG, Vietnam, marking a significant milestone in the journey towards fostering Innovation & Collaboration in the field of AI/ML.
Empowering Fortune 500 Clients
Prediqt demonstrates exceptional proficiency across various domains, including Managing Overseas Delivery Centers, Voice and Non-Voice Customer Care Support, Analysis & Research, Complex Technology Platforms, and Client Response Blended Services. Their expertise extends to areas such as Business Strategy, Change Management, Big Data Analytics, Technology Implementation, and the Build-Operate-Manage-Transfer Capability model. Moreover, they exhibit high proficiency in Data Preparation, Management, Visualization, and Dashboards.
In a groundbreaking collaboration with a leading Big 4 firm, Prediqt ventured into establishing their indirect practice in India, aiming to tackle the intricate challenges surrounding Goods and Services Tax (GST) implementation in the country. Leveraging Prediqt’s intelligent business solutions and data-driven insights, coupled with the Big 4’s global reputation and extensive client network, the collaboration aimed to provide comprehensive support to Fortune 500 clients navigating GST compliance complexities in India.
As part of this collaboration, Prediqt assumed a pivotal role in onboarding and servicing the Fortune 500 clients of the Big 4, offering customized solutions to address their GST-related queries and concerns. Prediqt’s team of experts closely collaborated with clients to streamline GST compliance processes, mitigate risks, and optimize tax strategies, ensuring adherence to regulatory requirements while maximizing operational efficiency.
Through this collaborative endeavor, Prediqt and the Big 4 successfully facilitated the seamless transition of Fortune 500 clients into the Indian market, empowering them to navigate the evolving GST landscape with confidence and agility. This partnership underscores Prediqt’s commitment to delivering value-driven solutions and fostering innovation in the realm of indirect taxation, ultimately driving growth and success for clients across industries.
Commitment to Innovation and Excellence in Data Analytics
According to Subhalakshmi, Prediqt operates as a learning organization, fostering a culture of continuous learning and skill development among its employees. The company provides various opportunities for training, attending conferences, and participating in industry forums to ensure its workforce stays updated on the latest trends, tools, and techniques in data analytics, AI, machine learning, and other relevant domains. Prediqt encourages innovation from within by empowering employees to explore new ideas, experiment with emerging technologies, and propose innovative solutions to business challenges. Internal innovation programs, hackathons, and innovation labs are organized to nurture creativity and foster a culture of innovation within the workforce.
Prediqt actively engages with clients to understand their evolving needs, challenges, and pain points. By soliciting feedback and collaborating closely with clients, Prediqt identifies opportunities for innovation and develops solutions that effectively address real-world problems. The company adopts an agile and adaptive approach to innovation, allowing it to quickly respond to changes in the market, technology landscape, and client requirements. This agility enables Prediqt to experiment, iterate, and refine its solutions iteratively, ensuring that it remains at the forefront of industry trends.
What sets Prediqt apart is its relentless pursuit of innovation and dedication to staying ahead of the curve. With a focus on continuous learning and expansion, the company pioneers advancements in AI and machine learning, unlocking new possibilities and driving businesses to greater heights. Prediqt aims to be recognized as a global technology leader, trusted for its people and performance, and its journey towards this vision is fueled by the trust earned from clients and team members alike.
Scaling with Quality
Subhalakshmi emphasizes that the key motivational driver for the Prediqt team is its steadfast commitment to making a positive impact through their work. At the heart of their endeavors lies a deep-seated desire to tackle complex challenges, foster innovation, and empower businesses to thrive in the digital era. This sense of purpose serves as a catalyst, igniting their passion, fueling determination, and inspiring them to push boundaries and exceed expectations on a daily basis.
However, like any journey of growth and success, Prediqt has encountered its fair share of challenges. One significant hurdle they faced was adapting to rapid technological advancements and evolving client needs. The data analytics industry is characterized by relentless change, with new technologies emerging and client requirements evolving continuously. To surmount this challenge, Prediqt adopted a proactive approach focused on innovation, agility, and adaptability.
Another challenge Prediqt encountered was scaling operations while upholding quality standards and client satisfaction. With an expanding client base and increasingly complex projects, maintaining excellence was paramount. To address this, Prediqt concentrated on building scalable processes, enhancing operational efficiency, and investing in talent acquisition and development. They implemented robust project management methodologies, streamlined workflows, and leveraged automation to optimize efficiency and productivity. Client relationships were prioritized, fostering open communication and responsiveness to consistently deliver value and surpass expectations.
Through collective efforts and unwavering dedication, Prediqt successfully navigated these challenges, emerging stronger, more resilient, and better positioned to seize new opportunities for continued growth and success. Their ability to overcome challenges underscores the strength of their team, the resilience of their organization, and their unwavering commitment to excellence in all endeavors.
Impact and Expansion in Intelligent Business Solutions
The establishment of Prediqt as a boutique analytics startup specializing in entertainment, sports, and social media analytics marked the inception of its journey. This significant milestone laid the groundwork for its subsequent growth and expansion into new domains and industries.
Over time, Prediqt has broadened its service offerings to encompass a diverse array of intelligent business solutions, spanning data analytics, process optimization, and AI-driven insights. This strategic expansion has enabled the company to address a wide spectrum of client needs, solidifying its position as a trusted partner in the industry. Prediqt has forged strategic partnerships and alliances with leading consulting firms, technology providers, and industry stakeholders, which have not only expanded its reach but also enhanced its capabilities, opening new avenues for collaboration and growth. The company has garnered recognition for its innovative solutions, expertise, and client-centric approach, earning accolades across various industries.
Subhalakshmi highlights several success stories, including streamlining recruitment processes for a prominent healthcare organization, restructuring revenue operations for a fast-growing US-based company, and facilitating seamless GST compliance for Fortune 500 clients in India.
Prediqt has consistently prioritized investment in innovation and technology to maintain a competitive edge and drive business transformation. With a focus on AI, machine learning, and advanced analytics, the company has developed cutting-edge solutions that deliver tangible value and foster a competitive advantage for its clients. Prediqt has received recognition for its contributions to the industry, earning awards and accolades for excellence in service delivery, innovation, and client satisfaction. The company has experienced significant team growth, attracting top talent and fostering a culture of learning, collaboration, and innovation, with team members serving as its greatest asset.
The signing of the Memorandum of Understanding (MOU) with a public university in Vietnam on April 24th, 2024, signifies a significant milestone for Prediqt, reflecting its commitment to fostering innovation, driving talent development, and nurturing a thriving AI community in Vietnam. Through this collaboration, Prediqt aims to leverage the expertise and resources of the public university to engage the local talent pool, cultivate a vibrant ecosystem for AI research, education, and entrepreneurship, and empower aspiring AI professionals with the skills needed to excel in the field. Additionally, this partnership presents an opportunity for Prediqt to tap into the rich talent pool in Vietnam, co-create innovative solutions, conduct research, and explore new avenues for collaboration and knowledge exchange, further fueling its growth and innovation efforts.
Keys to Success
Subhalakshmi offers valuable advice to aspiring entrepreneurs looking to enter the data analytics and AI industry. She emphasizes the importance of resilience, perseverance, and maintaining a positive mindset throughout the entrepreneurial journey. Learning from failures, iterating on ideas, and continuously pushing forward towards goals are essential elements of success in this dynamic field.
Besides, Subhalakshmi suggests identifying pressing challenges or pain points in the market that can be effectively addressed through data analytics and AI solutions. By focusing on solving real-world problems, entrepreneurs can create tangible value for their clients and stand out in the competitive landscape. It’s crucial to ensure that solutions are aligned with the strategic goals and objectives of businesses, understanding the broader context, industry dynamics, and specific client needs.
Ethics and responsible AI are also highlighted as fundamental aspects of entrepreneurship in this domain. Prioritizing ethics, fairness, and transparency in both approach and solutions is essential for building trust with clients and stakeholders. By integrating ethical considerations into business practices, entrepreneurs can demonstrate integrity and commitment to societal well-being while driving innovation and success in the data analytics and AI industry.
Building a Culture of Empowerment and Collaboration
Subhalakshmi’s leadership philosophy revolves around empowerment, collaboration, and continuous growth. She believes in creating a culture where every individual feels valued, inspired, and empowered to contribute their best work towards collective goals.
Empowerment lies at the core of Subhalakshmi’s approach. She fosters an environment of trust and ownership, delegating responsibilities and providing necessary support and resources for individuals to excel in their roles. By empowering team members, she encourages creativity, innovation, and initiative, driving the organization forward.
Collaboration is another cornerstone of Subhalakshmi’s leadership philosophy. She promotes open communication, teamwork, and cross-functional collaboration within the company, recognizing the power of collective effort in achieving shared objectives.
Continuous learning and development are also integral to Subhalakshmi’s leadership approach. She values curiosity, experimentation, and a growth mindset, fostering a culture where individuals are encouraged to continuously learn, adapt, and grow. This commitment to ongoing learning ensures that the organization remains agile, adaptable, and resilient in the face of change.
Vision for Global Leadership in Business Solutions
Subhalakshmi envisions Prediqt’s future as a global leader in intelligent business solutions, driving innovation, and delivering value for clients across industries. The company plans to continue expanding its service offerings to meet the evolving needs of clients, with a focus on further investment in AI, machine learning, and advanced analytics capabilities. Exploring new domains and industry verticals where data-driven solutions can make a significant impact is also on the agenda.
Geographical expansion is another key aspect of Prediqt’s future plans, involving the establishment of regional offices, formation of strategic partnerships, and leveraging networks to access new client segments and industries. The company recognizes that its success is driven by its talented team members and remains committed to investing in their growth and development. This commitment includes attracting top talent, providing opportunities for training and advancement, and fostering a culture of innovation, collaboration, and excellence.
Innovation is deeply ingrained in Prediqt’s DNA, and the company plans to continue investing in research and development to stay ahead of industry trends and technological advancements. This involves exploring emerging technologies, conducting research, and developing innovative solutions to address future challenges and opportunities.
Prediqt is committed to upholding the highest standards of ethics, integrity, and responsibility in all its endeavors. This includes prioritizing ethical AI, data privacy, and security, as well as making positive contributions to society and the communities in which it operates.
As an agile, adaptive, customer-focused, and learning organization, Subhalakshmi is confident that Prediqt will continue to thrive and achieve even greater success in the future. She is excited about the opportunities that lie ahead for the company and its team, believing that their journey is just beginning.
