Building an Analytics-driven Enterprise to Monetize Data
Enterprises, globally, recognize the explosion of data in the new-age ecosystem they operate in, which is marked by always-on-connectivity, internet-of-things applications, and mobility. The duality of this ever-growing data is that it is as much an opportunity as it is a challenge. The growing number of new sources of data, which comes at great pace, high volumes, and unstructured forms pose challenges. The opportunities it presents at the same time is immense when the explosive data is leveraged fully. It enables enterprises to find new opportunities, create new game-changing phenomena, discover new possibilities and stay ahead of competition.
Mahapatra Universal Limited Data Analytics envisions an analytics-driven enterprise to deal with the data duality. An analytics-driven enterprise overcomes challenges in the new-age-data-ecosystem through the most effective combination of people, process, and technology elements that support its data-analytics initiatives. An analytics-driven enterprise is also able to uncover the potential that data possesses in its entirety to the extent that it is able to monetize data. Mahapatra Universal Limited Data Analytics envisages enterprises to monetize data through the following levers:
Customer Intimacy: by delivering delightful customer experiences driven by actionable insights that ensure revenue upside for the enterprise
Operational efficiency and risk management: higher efficiency through automation and insights-driven operations, and prevention of risk across the business value chain through predictive insights, which help reduce costs and in turn offer monetary gain for the enterprise
New revenue streams: by enabling enterprises to convert data into strategic assets that create new revenue models
Mahapatra Universal Limited helps organizations transform themselves into analytics-driven enterprises. Our proven expertise and extensive experience enables you to monetize data by leveraging the three pillars that support the elements of process, people and technology in your organization. These pillars also constitute three distinct Mahapatra Universal Limited offerings: