Friday, November 6, 2015

Turning Data into Insights

Insightful information derived from organizational as well as non-organizational data is empowering businesses to increase productivity, expand the range and quality of services while gaining an edge over their competitors.

According to an Accenture report, 89% of the business leaders believe that big data will revolutionize operations the way the Internet did while 79% are of the belief that companies that do not implement data analytics solutions might lose their competitive advantage or face extinction. As referenced in the same study, big data analytics solutions
seem to have a significant impact on three segments of a business’s operations: consumer relationships (37%), the way of organizing operations (15%) and product development (26%).

It is essential that businesses implement the right big data analytics solutions to derive actionable insights from their existing as well as incoming data streams. How can these organizations turn their apparently inconsequential datasets into a repository of valuable insight? What do the application of such analytics solutions entail?
  • Deep understanding of the scope and sources of big data value
  • A facts-based focus on strategies and business outcomes
  • Effective allocation of budget and marketing or strategic initiatives
  • Better mapping and understanding of the consumer journey as well as the organization’s internal processes
Clavax helps organizations in simplifying analytics with the application of robust big data analytics solutions, efficiently transforming business outcomes and at scale. Deep domain knowledge, besides expertise in leading data analytics platforms, has allowed the company to turn their client’s business data into insights, insights into tangible action and actions into quantifiable results. Additionally, as a mobile application development company, the company also serves a global clientele operating in the growing mobile apps development segment.

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