‘Big data and the knowledge extracted from it provide considerable potential for social and economic benefits to the citizens, and the businesses of countries to exploit the possibilities. Countries with well-trained data scientists will be best positioned to take advantage of opportunities for data-driven innovation’ thus said Dr. Randy L. Carter, Professor Emeritus, University at Buffalo, in his keynote address delivered during the inauguration of International Conference in Operations Management and Research (ICOMAR 2016), on January 21, 2015, at Shri Dharmasthala Manjunatheshwara Institute for Management Development (SDMIMD), Mysore. 
Dr. Carter said that US is facing a shortage of 140,000 to 190,000 people with deep analytical skills and 1.5 million analysts and managers to analyse big data. Analysts who are able to mine big data with extremely diverse set of skills like deep business insights, data visualization, statistics, machine learning, and computer programming, have greater opportunities in the near future. 
The guest of honor for the event Mr. Rajiv Rajpal, Chief Executive Officer, Gear Business Group, Triveni Engineering & Industries Ltd, spoke about how an engineering industry could reach global standards by investing in technology, people and of course relationship with all the stakeholders. He elaborated this based on his experience in building up Triveni Engineering. 
Earlier, Dr. N.R. Parasuraman, Director, SDMIMD, welcoming the delegates and dignitaries highlighted the importance of studies on quality & value to aid decision making. 
Dr. R. Jagadeesh, Conference Chair, presented the background note of the conference and the conference theme “Towards Operational Excellence”. 
Mr. Sadashiva Baligar, Vice President – Manufacturing, Toyota Kirloskar Auto Parts Pvt. Ltd, Bangalore, was the invited speaker for the technical session scheduled on the second day of the conference. Mr. Baligar spoke on “Lean Manufacturing Principles of Toyota Production System (TPS)”. He shared the success story of Toyota in standardizing the operations and waste minimization in their entire manufacturing and non-manufacturing functions to increase productivity and efficiency. The talk illustrated the principles of ethical manufacturing followed by the Toyota Company, and described how the culture of lean practices has been spread across the entire organization.
Mr. Mahesh Jambardi, Chief Operating Officer, Excelsoft Technologies Pvt. Ltd., Mysore, was the Chief Guest for the Valedictory session on January 22, 2016. In his valedictory address, Mr. Jambardi stressed upon the improvement in the skills of the students using technology. He expressed his views on the digital content development pertaining to primary and higher education. 
Mr. Mahesh Jambardi distributed the certificates to the participants.
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