Digital Transformation and Re-imagining Business processes through Big Data

A leader in cash management and logistics, operating in all major cities in India. The client takes care of cash transport to and from banks and major cash based business units like super marts. They also provide other cash related services like providing cashiers. They have their base across major cities of India. Their offices in each city manage overwhelming number of vehicle and human resources addressing thousands of requests,…

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Understanding Channel-wise profitability and simultaneous multidimensional analysis of sales person efficiency

The client is a one and half century old Indian financial firm. One of the premier asset management companies in India, with over 20 years of track record of investment excellence. The client manages trillions of dollars worth Assets every month. They operate with more than thousands of brokers selling a wide range of schemes. Transactions made by each broker may vary from few hundreds of rupees to crores of…

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GOVERNMENT DATA HAS TREASURE TROVES OF INFORMATION REQUIRED TO GENERATE ANALYTIC INSIGHTS

It’s the year 2020, we are sitting in a room called the Health Cockpit of a prominent municipal corporation in India, and there is an emergency meeting to prevent a possible outbreak of Leptospirosis, which the municipal corporation feels it should check with the anticipated heavy rainfall in the city and the relationship between rainfall, rodent population, and garbage that their in-house data scientists just established. Leptospirosis (also known as…

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UTKAL EXPRESS DERAILMENT: ACCIDENT HIGHLIGHTS FRACTURES IN RAILWAY’S HIRING PROCEDURES, SKILL MANAGEMENT

The Japanese rose as a global manufacturing power out of their processes and techniques, not just technology. Some of their early principles were based upon simple but very powerful techniques to manage the manufacturing process and shop floor (factory) maintenance. One of the most common Japanese principles is 5S – sort, set in order, shine, standardize, and sustain. Of these principles, the most important is set in order and standardize.…

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DECISION SUPPORT SYSTEMS, THE NEW NERVOUS SYSTEMS OF THE ENTERPRISE.

A strategy thinker often needs to depend upon a whole host of reports and other information indirectly sieved out of a multitude of Data-warehouses and Data Marts to be able to take the right decisions, and the right strategy. Invariably this would mean unavailability of preprocessed data or simply the lack of data at the right levels. A bigger handicap could be the inability to ascertain which Mathematical model is…

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ENABLING A TRUE BUSINESS INTELLIGENCE (BI) SOLUTION

Reflect on these questions for a moment, please? Is BI really the solution?Are an intuitive understanding of business and an intuitive slicing of data actually giving us the rare insights we needed from data to complete this journey?Is a Data warehouse really the solution?What should I chase to get my first insights from data?What should be the journey we actually traverse to be able to reach a point where one…

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RAILWAYS NEEDS A REVENUE MANAGER, NOT A TARIFF REGULATOR; HERE’S WHY

The Indian Railways (IR) is expecting a 94 percent Operating Ratio, (they had targeted an operating ratio of 92 percent) despite wage hikes, and falling revenue. What is more, a matter of concern than managing the operating ratio is the falling passenger and freight revenue of the Indian Railways. The dip in gross earnings in the first five months of FY’16-17 is about 13 percent lower than targets and five…

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INDIAN RAILWAYS’ SURGE PRICING: WHY STRATEGY FOR PREMIUM TRAINS IS MYOPIC AND BAD MOVE

Sometime in November 2014, I hailed a cab back from the airport to my house. The cab driver, as numerous of them in Mumbai are, was from Uttar Pradesh. An avid fan of the Indian Railways that I am, I asked him about the punctuality of trains from his home state (which, most railway fans will acknowledge, have a notorious reputation for being late). I was accosted by a conversation…

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BIG DATA: RELEVANCE IS KING!

The advent of Big Data has certainly created bigger opportunities. But, success in implementing BIG DATA initiatives lies in being able to extract RELEVANT KNOWLEDGE from heaps of data generated. This onerous task is akin to getting a needle out of a haystack. More importantly, the right questions need to be asked within this sphere. Are conversions right or simply the number of orders, for what sort of products is…

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M76 ANALYTICS: PROVIDING ABSOLUTE ANALYTICS DRIVEN BUSINESS SOLUTIONS

Business Strategies driven by Data Insights have become the number one priorities for the CXO level Management. Together, they promise to transform the way companies do businesses, delivering the kind of performance gains when organizations redesign their core processes. As Data-Driven strategies take hold, it will become an increasingly important point of competitive differentiation.

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