Predictive Analytics for Business growth Across …...Predictive analytics equips businesses with...

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

Transcript of Predictive Analytics for Business growth Across …...Predictive analytics equips businesses with...

Page 1: Predictive Analytics for Business growth Across …...Predictive analytics equips businesses with knowledge on when, how and where earnings can swing, offering the opportunity to

Predictive Analytics forBusiness Growth

UST Global Inc,September 2017

USTGlobal ®

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Table of Contents

Introduction 3

Business Concerns: Problems Faced and Challenges to Deal With 4

Business Relevance 4

PREDICTIVE ANALYTICS FOR BUSINESS GROWTH I SEPTEMBER 2017 2Copyright © 2017 UST Global Inc

Business Impact 5

Business Solutions 5

Business Benefits 5

How UST Global can Help You 6

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PREDICTIVE ANALYTICS FOR BUSINESS GROWTH I SEPTEMBER 2017 3Copyright © 2017 UST Global Inc

IntroductionMonetization of data is enabled by analytics, which should be predictive to generate business value.

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

Analytics needs to be predictive –

Digital deprived of analytics is pointless –

The world currently has 2.7 billion internet users, 39% of the world’s population.

The volume of data generated or processed in 2020.

39%

44zettabytes

Seventy-nine percent of businesses believe that big data will boost revenue.

Companies that successfully use data outperform their peers by up to 20%.

79%

20%

Fifty-nine percent of business decision makers use customer-generated data for customer insight.

Eighty percent of organizations are in the early stages of big data initiatives.

59%

80%

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$325billion

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Acuminate business performance and enhance market position

Business Concerns: Problems Faced andChallenges to Deal WithDigital is changing the business. The current approach to business may no longer serve in the digital age. New realities need to be factored –

Predictive analytics unravels performance drivers and relationship to future outcomes, and improves decision making.

It helps generate new processes, novel business strategies and agility for business opportunity capitalization demanded by the speed of digital economy.

Business RelevancePredictive analytics is turning out to be the need of the hour.

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

AntecedentsBusiness

performance

Make decisions fasterand increase agility

Offer actionableinsights

Forecast what may occurand what should occur

Identify risks andopportunities in advance

Consequences

Predictive analytics

Ascertain future business revenue possibilities

Spot new market opportunities

Foresee constructive and adverse outcomes

Identify internal and external factors that drivebusiness performance

Level of impact of these factors

Recognize postive and negative influences

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Shaping the business with predictive analyticsFirms achieve winning positions through predictive solutions that are decisive contributors to improved profitability.

Business Impact

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

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.

Analytics needs to be predictive –

Remedies to business issuesPredictive analytics equips businesses with knowledge on when, how and where earnings can swing, offering the opportunity to execute predictive maintenance and maximize profit.

Business Solutions

Outcomes of applying predictive analyticsPredictive analytics enables businesses to gain and maintain a definite competitive business advantage with a significantly improved bottom line, leveraging the power of information.

Business Benefits

Sharpen business projections

Shrink expenses and improve savings

Allow cost management with strategic perspective

Finance & performance management

Effective utilization of sales force

Optimize marketing spend

Improve impact of marketing campaigns

Sales & marketing management

Improve efficiency of operational processes

Tighten up supply chain channels

Effective human capital management

Operations management

Reduce churn and optimize loyalty

Deepen customer engagements

Enhance client targeting and acquisition

Customer management

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UST Global helps build in a predictive attribute, enabling our clients to act proactively, envisaging new business growth opportunities that add value.

How UST Global can Help You

Reformed decision making

Outpace thecompetition

Informed of business

opportunities

Maximized operational

decision value

Optimized supply chain processess

Reduced attrition rates

Increased conversion

rate

Improved pipeline

management

Raised deal value

Enhance brand image

Identify new revenue potential

Establish customer trust

Foresee real business worldscenarios

Identify future needs andmarket preferences

Reveal hidden risks that bruntbusiness performance

Embrace data for clientengagement

High quality predictive capability specific to context

Use periodically updated data with up-to-date alerts for analysis

Deliver high quality insights and intelligence to clients

PREDICT PREPARE

EMPOWER PLAN

PredictiveAnalytics

Competency

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We enable the following predictive abilities for our clients:

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

TARGETING

INTELLIGENCE

MODELLING

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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 entrepreneuri-

al 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 Technol-

ogy, 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: www.ust-global.com

ABOUT UST GLOBAL®

Corporate Office: UST Global ®

5 Polaris Way, Second Floor, Aliso Viejo, CA 92656Tel: (949) 716-8757 Fax: (949) 716-8396

www.ust-global.comFor further information contact: [email protected]

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USTGlobal ®