DATA SCIENCE
We deliver business benefits from cutting-edge technology such as big data and machine learning.
All analytics experts agree that Artificial Intelligence will affect our lives. AI will dramatically change how we work, how we play and even how we function. It will significantly change how companies conduct business.
More than two thirds of organisations across various industries are expecting AI to impact everyday life within the next 5 to 10 years (*).
Well aware of AI's massive potential, forward thinking high-tech companies have taken early steps to succeed in this new market model. For example, sales recommendation engines generate 35% of Amazon's revenue and 75% for Netflix (**).
Be prepared for AI
Yet adoption of AI is still in the early stages and companies can benefit from evolving Machine Learning and Predictive Analytics technologies to better understand their customers' behaviour - their preferences and buying patterns, further automate their supply network, improve data quality and more.
In spite of future dramatic changes we believe that successful business will still continue to follow the fundamental principle of "know your customers well" and will have to make personalised offers at the right time and within the individual customer's context.
Our proposition
We provide the Data Science Services to build and implement solutions that address the following objectives:
+To Get Insight
for marketing, sales or operations areas using predictive analytics and machine learning
+To tune Insight
into action via appropriate communication channels with automation of marketing campaigns or sales offers
+To improve it infrastructure
existing data warehouse and extract, transform, load (etl) solutions to ensure the right data with appropriate quality is available in the right time
| Get Insight | Actions |
| Customer Profiling | Marketing Campaigns |
| Life Style | Up-Cross Sales |
| Credit Scoring | Improve Loyalty |
| Churn prediction | Operations |
| Fraud prediction |
Benefits
A significant uplift in sales can be achieved. According to E-consultancy "Businesses that use real-time personalization technologies see an average uplift of 19% in sales."
For one of our clients, enhanced Customer Insight helped in driving company-wide Customer Experience Program which resulted in 20% improvement of Net Promoter Score.
Customer loyalty is a key metric as customer lock-in is reduced by legislative changes, comparison sites, reviews etc. and the ease of switching suppliers. We have helped clients with churn reduction campaigns that have reduced customer churn by 5% (Mobile Telco).
Preventive maintenance, efficient sales efforts can bring 10-15% efficiency for most industries.
Deep insight and data driven decisions are invaluable for shaping the right company strategy.
WHY WEIGANDT?
Experienced Team
Experienced team with unique mix of experts in marketing, design, programming and statistical analysis.
Best Practices
We can bring proven best practices from across Retail, Telco and Banking industries.
Modern Technologies
We have expertise in modern cutting-edge Open Source Software as well as in commercial DWH, ETL, BI technologies. We can help to improve existing data management architecture, to increase ROI in IT and quicker deliver results.
Competitive Price
We have competitive pricing based on nearshore service, delivering incremental value fast.
(**) Source: “How retailers can keep up with customers” McKinsey, October 2013.