USTGlobal. Predictive Analytics for Business Growth

Transcription

1 USTGlobal Predictive Analytics for Business Growth UST Global Inc, September 2017

2 Table of Contents Introduction 3 Business Concerns: Problems Faced and Challenges to Deal With 4 Business Relevance 4 Business Impact 5 Business Solutions 5 Business Benefits 5 How UST Global can Help You 6 Copyright 2017 UST Global Inc PREDICTIVE ANALYTICS FOR BUSINESS GROWTH I SEPTEMBER

3 Introduction Monetization of data is enabled by analytics, which should be predictive to generate business value. Digital deprived of analytics is pointless The world currently has 2.7 billion internet users, 39% of the world s population. 39% 44 zettabytes The volume of data generated or processed in Seventy-nine percent of businesses believe that big data will boost revenue. 79% 20% Companies that successfully use data outperform their peers by up to 20%. Fifty-nine percent of business decision makers use customer-generated data for customer insight. 59% 80% Eighty percent of organizations are in the early stages of big data initiatives. Better analytics tools create huge value. The mainstream adoption of big data analytics would boost the output of global retail and manufacturing industries by US$325 billion. US$325 billion Analytics needs to be predictive Improved intelligence to offer business insights Use available information to take correct decisions Transform data into actionable insights for business performance improvement Forecast with precision - enabling exploration of business opportunities Copyright 2017 UST Global Inc PREDICTIVE ANALYTICS FOR BUSINESS GROWTH I SEPTEMBER

4 Business Concerns: Problems Faced and Challenges to Deal With Digital is changing the business. The current approach to business may no longer serve in the digital age. New realities need to be factored Prevalence of digital technologies Exponential growth in new market segments Need for accelerated decision making Essential to benefit from data to spot opportunities Analytics can help explore this opportunity, but the problem and the challenge is how to do it. Quantify the value of information Derive advantage from data Right data for right decision at the right time Business Relevance Predictive analytics is turning out to be the need of the hour. Acuminate business performance and enhance market position Predictive analytics unravels performance drivers and relationship to future outcomes, and improves decision making. Antecedents Business performance Consequences Predictive analytics Identify internal and external factors that drive business performance Level of impact of these factors Recognize postive and negative influences Ascertain future business revenue possibilities Spot new market opportunities Foresee constructive and adverse outcomes Make decisions faster and increase agility Offer actionable insights Forecast what may occur and what should occur Identify risks and opportunities in advance It helps generate new processes, novel business strategies and agility for business opportunity capitalization demanded by the speed of digital economy. Copyright 2017 UST Global Inc PREDICTIVE ANALYTICS FOR BUSINESS GROWTH I SEPTEMBER

5 Business Impact Shaping the business with predictive analytics Firms achieve winning positions through predictive solutions that are decisive contributors to improved profitability. Opportunities Extract sweet spots essential for driving growth Be competitive Decisions Enable proactive decision making process Driven through data Risks Anticipate future state of affairs Expose possible risks and threats Targets Shows ways to achieve customer acquisition and retention Analytics needs to be predictive Opens doors for businesses to aim at new opportunities and new customers. Provides intelligence to forecast future business trends by understanding past and present patterns. Enables modeling to reveal the relationship between demand and price, to determine the best pricing strategic decisions. Business Solutions Remedies to business issues Predictive analytics equips businesses with knowledge on when, how and where earnings can swing, offering the opportunity to execute predictive maintenance and maximize profit. Finance & performance management Sharpen business projections Shrink expenses and improve savings Allow cost management with strategic perspective Sales & marketing management Effective utilization of sales force Optimize marketing spend Improve impact of marketing campaigns Operations management Improve efficiency of operational processes Tighten up supply chain channels Effective human capital management Customer management Reduce churn and optimize loyalty Deepen customer engagements Enhance client targeting and acquisition Business Benefits Outcomes of applying predictive analytics Predictive analytics enables businesses to gain and maintain a definite competitive business advantage with a significantly improved bottom line, leveraging the power of information. Copyright 2017 UST Global Inc PREDICTIVE ANALYTICS FOR BUSINESS GROWTH I SEPTEMBER

6 Reformed decision making Outpace the competition Informed of business opportunities Increased conversion rate Improved pipeline management Raised deal value Maximized operational decision value Optimized supply chain processess Reduced attrition rates Foresee real business world scenarios Identify future needs and market preferences Enhance brand image Identify new revenue potential Establish customer trust Reveal hidden risks that brunt business performance Embrace data for client engagement How UST Global can Help You UST Global helps build in a predictive attribute, enabling our clients to act proactively, envisaging new business growth opportunities that add value. PREDICT PREPARE High quality predictive capability specific to context Predictive Analytics Competency Use periodically updated data with up-to-date alerts for analysis Deliver high quality insights and intelligence to clients EMPOWER PLAN Copyright 2017 UST Global Inc PREDICTIVE ANALYTICS FOR BUSINESS GROWTH I SEPTEMBER

7 We enable the following predictive abilities for our clients: TARGETING INTELLIGENCE MODELLING Perform mining of historical data to comprehend what has happened Leverage historical data to realize why it occurred and forecast what can take place in future in diverse business scenarios Determine which decisions are capable of delivering effective results Copyright 2017 UST Global Inc PREDICTIVE ANALYTICS FOR BUSINESS GROWTH I SEPTEMBER

8 ABOUT UST GLOBAL UST Global is a fast-growing digital technology company that provides advanced computing and digital services to large private and public enterprises around the world. Driven by a larger purpose of Transforming Lives and the philosophy of fewer Clients, more Attention, we bring in the entrepreneurial spirit that seeks the fastest path to value in today s digital economy. Our innovative technology services and pioneering social programs make us stand apart. UST Global is headquartered in Aliso Viejo, California and operates in 21 countries. Our clients include Fortune 500 companies in Banking and Financial Services, Healthcare, Insurance, Retail, High Technology, Manufacturing, Shipping, and Telecom. UST Global believes in building long-lasting, strategic business relationships through agile and client-centric global engagement models that combine local experts and resources with cost, scale, and quality advantages of global operations. For more information, please visit: USTGlobal Corporate Office: UST Global 5 Polaris Way, Second Floor, Aliso Viejo, CA Tel: (949) Fax: (949) For further information contact: info@ust-global.com /USTGlobal /USTGlobal /ustglobalweb /company/ust-global