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Big Data to Revenue™



         1       Strictly Confidential • Copyright 2011 zakipoint
Context

“In 2010 the amount of data collected exceeded 1 trillion
gigabytes and it is doubling every 2 years”
- IDC


      “Data is now big data, with increasing
      volume, velocity and variety”
      - Michael Stonebraker, Professor at MIT


 The phrase “Drowning in data, but starving for
 knowledge” has over 1 million search results on google
 search




                                          2                 Strictly Confidential • Copyright 2011 zakipoint
Our Vision
zakipoint integrates the strategy, operations, technology and mathematical modeling
for big data to redesign client’s businesses for step change revenue growth


                                         Data
                                      Science to
                                       Action™



                                    Big data to
                                    revenue™
                          Data                     Technology
                       Science on                    for Big
                       Big Data™                     Data™



                                          3                     Strictly Confidential • Copyright 2011 zakipoint
Our Services

               •   Identify goals, objectives, benefits, strategy and challenges for data analytics
Data Science   •   Analyze ROI from various data analytics opportunities
 to Action™    •
               •
                   Prioritize plans for leveraging & implementing new data models
                   Train of executives in the data analytics decision making domain



               • Run advance data analytics using latest developments in machine learning
Data Science   • Merge structured and unstructured data for predictive modeling
               • Merge and match to create unified data sets
   for big     • Advise and select the most appropriate modeling techniques for business problem
 data™         • Review of existing data models and propose improvements
               • Train in-house team on usage of big data analytics


               • Architect technology stack to store, manage and analyze big data to fundamentally
Technology       change the cost structure or store vast quantities of data
               • Implement and set up infrastructure for on-going needs
  for big      • Set up DB to store or transpose existing data for on-going data using open source
  data™          technologies like Hadoop, MongoDB, Hive etc.
               • Train tech team to manage and maintain new technology stack




                                               4                               Strictly Confidential • Copyright 2011 zakipoint
Our Edge
                                                       zakiEdge™


   Connect Business              There is                Rigorous                   Fast Cycle of                  ROI focused
     Challenge to               No Bad data             Mathematics                   Analysis
       Science

Challenge                        Data                               Analysis                            Action
Focus on business                Work with full range of data       Apply wide array of cutting         Bias towards actionable
objectives and challenges        • Transaction data                 edge data science                   modelling
• Strategy consultants from      • Web clickstream data             techniques                          • Segmentation
  top tier strategy companies    • Call centre data                 • Quantitative Analysis             • Prioritization & Ranking
• Consultants with extensive     • Customer service data            • Linear and Logistic               • Conversion improvement
  industry and executive         • Web scrapped data                  regression                        • Visualization tools
  experience who                 • Unstructured data from           • Text mining                       • Dashboards to ensure
  understand operational           blogs, portals, competitor       • Natural Language
                                                                                                           on-going usage of
  challenges                       sites                              processing
                                 • Social media data from
                                                                                                           models developed
• Team is trained at world                                          • Sentiment Analysis
  class universities and           LinkedIn, FB, Meetup, Even                                           • Training of client team to
  corporations to think big        tbrite etc.                                                             continue model
  and laterally                  • Competitor data                                                         improvements and on-
                                                                                                           going management




                                                                5                                 Strictly Confidential • Copyright 2011 zakipoint
Our Process
                                                   Type of
                                                                                                 Insights
      Business                Data                  data                 Apply Data
                                                                                                   and                   Implementation
     Evaluation              Survey               modeling                Science
                                                                                                Decisions
                                                  and ROI



• Survey of the     • Data audit           • Quick analysis of    • Prepare data for      • Present insights     • Develop
  organization        (type, format, acc     sample data and        analysis                and decisions          implementation
  on current use      essibility, use)       types of models      • Propose data            tied to insights       plan
  of data           • Type of data         • ROI analysis and       models to apply       • Quantify             • Identify
• Objectives and      modeling used          types of             • Run algorithms          improvements           technology
  business          • External data          improvement          • Iterate to find the                            changes
  challenges          that can answer      • Prioritization and     truth or signal                                (dashboard or
• Workshop to         strategic              key areas of           from data                                      architecture)
  understand          questions              focus                                                               • Set up
  priorities and    • Data architecture    • Access data from                                                      technology for
  decisions           in place and           external data                                                         on-going use
• Prioritization      challenges             sources to                                                          • Train client team
  of key areas of                            augment internal                                                      to manage on-
  opportunity                                data                                                                  going model
                                                                                                                   development




                                                                  6                            Strictly Confidential • Copyright 2011 zakipoint
Our Science and Technology
zakipoint prides in being business challenge focused with highest quality data
science capability to work on the big problems and complex data sets

 • Expertise in full array of data analytics methodologies e.g., econometric
   modeling, machine learning, text mining, etc.
 • Manage both structured and unstructured data
     •   Mash data to create unique & valuable data sets
 • Experience in extracting, collecting and storing large & unstructured data
   sets
 • Focus on turning models into advanced visualizations and dashboards to
   assist action oriented decision making
 • Connected with data science innovations coming out of
   MIT, Wharton, Harvard and WPI



                                               7            Strictly Confidential • Copyright 2011 zakipoint
Our
                                    Big Data Team
Ramesh Kumar is Managing Partner of zakipoint, and brings deep experience in strategy
and decision making through data analytics. Ramesh has worked at Monitor Group’s
helping fortune 50 clients develop data analytic driven marketing strategy Ramesh holds
an undergraduate and Masters degrees from Oxford University, UK in
Engineering, Economics and Management and Masters from University of Pennsylvania in
Operations Research. He has also completed Unit 1 of OPM program at Harvard Business
School.
Costas Boussios, PhD, leads the Data Science practice at zakipoint. Dr. Costas Boussios is
a data scientist with expertise in Predictive Statistical Modeling and Machine Learning.
He has over 12 years experience leading projects and building models with large data
sets in a variety of industries, including financial risk scores and target marketing. He has
worked for a variety of start-ups and large companies. He holds a PhD from MIT.


Shahin Ali, PhD, has over 12 years of strategy and operational experience in the areas of
customer loyalty, retention and up-sell. Shahin has worked with major
entertainment, broadcasting & mobile technology companies such as: DIRECTV, Fox
Mobile, HBO, Starz, Showtime, Helio/Virgin Mobile, AT&T U-verse, MTV Networks and
others. Shahin has a undergraduate degree from UMass and PhD from MIT.




                                                         8                          Strictly Confidential • Copyright 2011 zakipoint
Our
                     Executive Team (cont…)
J.Singh, PhD leads the data technology practice at zakipoint. J is an adjunct professor at
Worcester Polytechnic Institute teaching classes on data base technologies. J. has been a CTO
at various technology companies, architecting scalable cloud based platforms, and launching
them. Prior to that he was an executive at Fidelity working on new technology disruptions and
launching these for the group. J. has presented at a number of conferences and seminars (TiE,
Boston Software Symposium and others) on Big Data technology. He also co-chairs “Big Data”
Special Interest Group at TiE (www.tie.org)




                                                      9                         Strictly Confidential • Copyright 2011 zakipoint
Our Expertise
Financial Services                    Retail & E-commerce                    Entertainment & Media
•   New product targeting             • Segmentation                         • Improve ad inventory
•   Segmentation                      • Pricing models                         management
•   Customer acquisition models       • Conversion model                     • Increase retention via
•   Customer Retention through        • Web traffic and mobile usage           personalized recommendations &
    survival analysis                   analysis                               targeted up-sell
                                      • Conversion models                    • Increase retention through novel
                                      • Cross-promotion models                 comprehensive operational
                                      • Real time analytics to assist          approach
                                        sales staff (store or call centre)   • Churn modelling


Insurance                             Healthcare                             Telecom
•   New product targeting             • Revenue leakage analysis             • New product targeting
•   Revenue leakage                                                          • Segmentation
•   Customer acquisition models                                              • Customer acquisition models
•   Customer retention initiatives                                           • Customer Retention through
                                                                               survival analysis & novel
                                                                               comprehensive operational
                                                                               approach
                                                                             • New product and service
                                                                               introduction model




                                                       10                        Strictly Confidential • Copyright 2011 zakipoint
Problem
Companies are not able to identify and focus on revenue maximization
opportunities that data analytics offers because:
      Data not stored in one place for easy
 1    access, legacy technologies not flexible and
      cost effective for large scale analytics and
      use

      Limited access to math-whizz talent with
 2    expertise in state-of-the-art data
      science, machine learning and knowledge
      discovery

      Limited executive experience of leveraging
 3    data analytics for large scale company wide
      implementations


                                           11            Strictly Confidential • Copyright 2011 zakipoint
Opportunity
Tremendous opportunity in combining transaction, customer service and external
data for revenue maximization across marketing activities




       Acquisition           Retention                   Cross-sell & Up-sell                    New
       • Lots of data        • Real value in             • Detailed models on                    product/servic
         about                 storing and                 related products and                  e launch
         customers             analyzing                   target products to                    • Detailed usage
         interactions, con     customer                    specific customers                      maps to develop
         versions, social      service data and                                                    new products
         media                 integration of all                                                  and service
         comments              data                                                                offerings




                                                    12                       Strictly Confidential • Copyright 2011 zakipoint
Customer acquisition through big data
Big data that combines internal and external data sources can pinpoint customers
who are likely to convert using the most cost effective channel
      Customer Acquisition Cost
                                                     • There is a huge difference in acquisition
                                         100 X         costs across self-service vs. face-to-face
                                                       channel
                                                     • Likelihood of conversion also varies at
                                                       individual customer level
                                                     • Big data analytics of customer interactions
         X
                          10 X                         through different channels (social media
                                                       chatter, transaction data and position in
 Self-Service          Online or      Face to Face
                      Telephone
                                                       sales funnel) to provide insights about
                                                       who to target via which channel & and
                                                       how much to invest
Source: David Skok, Matrix Partners




                                                        13                  Strictly Confidential • Copyright 2011 zakipoint
Customer Retention through big data
The core of customer retention is knowing the customer; Big data analytics makes
truly knowing the customer possible for the 1st time
                                                                                                     Commitment to
  A 5% increase in                             Satisfied customers                                 customer experience
                                                                                                                               Knowing the customer
retention increases                            tell 9 people, while                               yields up to 25% more
                                                                                                                                  & meeting their
business profits by                           dissatisfied customers                               retention & revenue
                                                                                                                               expectations is crucial
    25% - 125%1                                   tell 22 people2                                      than sales or
                                                                                                  marketing initiatives3

        • Big data analytics combined with human expertise is the key to quickly identify
          customer needs & wants as well as the areas the company is falling short
            • Leverage all data sources simultaneously (customer
                service, transactions, social media, blogs, etc)
            • Identify insights not captured via manual processes
        • Facilitates comprehensive organizational approach to customer retention
        • Allows development of proactive retention tactics based on customer behavior

1,3: Gartner Group and “Leading on the Edge of Chaos”, Emmett C. Murphy and Mark A. Murphy
2: http://www.allbusiness.com/sales/customer-service/1096122-1.html

                                                                                             14                       Strictly Confidential • Copyright 2011 zakipoint
Cross-Sell and Up-Sell through big data
 Big data analytics makes possible highly targeted & extremely relevant cross-sell
 & up-sell promotions

                                                                           It costs six times more                                  88% of customers
            Repeat customers                                                to sell something to a                                 value being advised
          spend 33% more than                                                prospect than to sell                                  on products and
             new customers1                                                  that same thing to a                                  services that better
                                                                                  customer2                                         meet their needs3


            • Big data allows the company to learn customer behaviors and preferences
            • Through pattern detection across all customers, systems can learn the
              appropriate products & services to recommend
            • By optimizing sales opportunities with customer retention attributes, a true
              win-win can be achieved
                • Customer wins: increased value and better experience
                • Company wins: increased revenue and customer loyalty
1,2: http://marketing.about.com/od/relationshipmarketing/a/crmstrategy.htm
3: Research by The Forum Corporation of North America (http://www.changefactory.com.au/articles/customer-service/cross-sell-to-
provide-service-in-the-hospitality-industry/)
                                                                                                15                                Strictly Confidential • Copyright 2011 zakipoint
New Product and Service introduction
           through big data
Customers will talk about products/services via many channels, big data analytics
turns this into actionable insights


  • Customer complaints and ideas are a valuable resource for improving
    company operations & products
  • Big data analytics allows mining of all available data sources to understand
    how customers are using products/services
      • Golden nuggets of information are “hidden” in conversations with
          customer service or on social media forums
  • Facilitates rapid collection of customer feedback regarding new product
    features or service enhancement
      • Monitoring of communication channels will provide insights regarding
          features & enhancements
  • Possible to test ideas without committing to development via starting
    discussions and monitoring responses


                                           16                   Strictly Confidential • Copyright 2011 zakipoint
Get started today




    Thank you

 ramesh.kumar@zakipoint.com
      +1 857 383 1574
     www.zakipoint.com

             17               Strictly Confidential • Copyright 2011 zakipoint

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Big Data to RevenueTM

  • 1. Big Data to Revenue™ 1 Strictly Confidential • Copyright 2011 zakipoint
  • 2. Context “In 2010 the amount of data collected exceeded 1 trillion gigabytes and it is doubling every 2 years” - IDC “Data is now big data, with increasing volume, velocity and variety” - Michael Stonebraker, Professor at MIT The phrase “Drowning in data, but starving for knowledge” has over 1 million search results on google search 2 Strictly Confidential • Copyright 2011 zakipoint
  • 3. Our Vision zakipoint integrates the strategy, operations, technology and mathematical modeling for big data to redesign client’s businesses for step change revenue growth Data Science to Action™ Big data to revenue™ Data Technology Science on for Big Big Data™ Data™ 3 Strictly Confidential • Copyright 2011 zakipoint
  • 4. Our Services • Identify goals, objectives, benefits, strategy and challenges for data analytics Data Science • Analyze ROI from various data analytics opportunities to Action™ • • Prioritize plans for leveraging & implementing new data models Train of executives in the data analytics decision making domain • Run advance data analytics using latest developments in machine learning Data Science • Merge structured and unstructured data for predictive modeling • Merge and match to create unified data sets for big • Advise and select the most appropriate modeling techniques for business problem data™ • Review of existing data models and propose improvements • Train in-house team on usage of big data analytics • Architect technology stack to store, manage and analyze big data to fundamentally Technology change the cost structure or store vast quantities of data • Implement and set up infrastructure for on-going needs for big • Set up DB to store or transpose existing data for on-going data using open source data™ technologies like Hadoop, MongoDB, Hive etc. • Train tech team to manage and maintain new technology stack 4 Strictly Confidential • Copyright 2011 zakipoint
  • 5. Our Edge zakiEdge™ Connect Business There is Rigorous Fast Cycle of ROI focused Challenge to No Bad data Mathematics Analysis Science Challenge Data Analysis Action Focus on business Work with full range of data Apply wide array of cutting Bias towards actionable objectives and challenges • Transaction data edge data science modelling • Strategy consultants from • Web clickstream data techniques • Segmentation top tier strategy companies • Call centre data • Quantitative Analysis • Prioritization & Ranking • Consultants with extensive • Customer service data • Linear and Logistic • Conversion improvement industry and executive • Web scrapped data regression • Visualization tools experience who • Unstructured data from • Text mining • Dashboards to ensure understand operational blogs, portals, competitor • Natural Language on-going usage of challenges sites processing • Social media data from models developed • Team is trained at world • Sentiment Analysis class universities and LinkedIn, FB, Meetup, Even • Training of client team to corporations to think big tbrite etc. continue model and laterally • Competitor data improvements and on- going management 5 Strictly Confidential • Copyright 2011 zakipoint
  • 6. Our Process Type of Insights Business Data data Apply Data and Implementation Evaluation Survey modeling Science Decisions and ROI • Survey of the • Data audit • Quick analysis of • Prepare data for • Present insights • Develop organization (type, format, acc sample data and analysis and decisions implementation on current use essibility, use) types of models • Propose data tied to insights plan of data • Type of data • ROI analysis and models to apply • Quantify • Identify • Objectives and modeling used types of • Run algorithms improvements technology business • External data improvement • Iterate to find the changes challenges that can answer • Prioritization and truth or signal (dashboard or • Workshop to strategic key areas of from data architecture) understand questions focus • Set up priorities and • Data architecture • Access data from technology for decisions in place and external data on-going use • Prioritization challenges sources to • Train client team of key areas of augment internal to manage on- opportunity data going model development 6 Strictly Confidential • Copyright 2011 zakipoint
  • 7. Our Science and Technology zakipoint prides in being business challenge focused with highest quality data science capability to work on the big problems and complex data sets • Expertise in full array of data analytics methodologies e.g., econometric modeling, machine learning, text mining, etc. • Manage both structured and unstructured data • Mash data to create unique & valuable data sets • Experience in extracting, collecting and storing large & unstructured data sets • Focus on turning models into advanced visualizations and dashboards to assist action oriented decision making • Connected with data science innovations coming out of MIT, Wharton, Harvard and WPI 7 Strictly Confidential • Copyright 2011 zakipoint
  • 8. Our Big Data Team Ramesh Kumar is Managing Partner of zakipoint, and brings deep experience in strategy and decision making through data analytics. Ramesh has worked at Monitor Group’s helping fortune 50 clients develop data analytic driven marketing strategy Ramesh holds an undergraduate and Masters degrees from Oxford University, UK in Engineering, Economics and Management and Masters from University of Pennsylvania in Operations Research. He has also completed Unit 1 of OPM program at Harvard Business School. Costas Boussios, PhD, leads the Data Science practice at zakipoint. Dr. Costas Boussios is a data scientist with expertise in Predictive Statistical Modeling and Machine Learning. He has over 12 years experience leading projects and building models with large data sets in a variety of industries, including financial risk scores and target marketing. He has worked for a variety of start-ups and large companies. He holds a PhD from MIT. Shahin Ali, PhD, has over 12 years of strategy and operational experience in the areas of customer loyalty, retention and up-sell. Shahin has worked with major entertainment, broadcasting & mobile technology companies such as: DIRECTV, Fox Mobile, HBO, Starz, Showtime, Helio/Virgin Mobile, AT&T U-verse, MTV Networks and others. Shahin has a undergraduate degree from UMass and PhD from MIT. 8 Strictly Confidential • Copyright 2011 zakipoint
  • 9. Our Executive Team (cont…) J.Singh, PhD leads the data technology practice at zakipoint. J is an adjunct professor at Worcester Polytechnic Institute teaching classes on data base technologies. J. has been a CTO at various technology companies, architecting scalable cloud based platforms, and launching them. Prior to that he was an executive at Fidelity working on new technology disruptions and launching these for the group. J. has presented at a number of conferences and seminars (TiE, Boston Software Symposium and others) on Big Data technology. He also co-chairs “Big Data” Special Interest Group at TiE (www.tie.org) 9 Strictly Confidential • Copyright 2011 zakipoint
  • 10. Our Expertise Financial Services Retail & E-commerce Entertainment & Media • New product targeting • Segmentation • Improve ad inventory • Segmentation • Pricing models management • Customer acquisition models • Conversion model • Increase retention via • Customer Retention through • Web traffic and mobile usage personalized recommendations & survival analysis analysis targeted up-sell • Conversion models • Increase retention through novel • Cross-promotion models comprehensive operational • Real time analytics to assist approach sales staff (store or call centre) • Churn modelling Insurance Healthcare Telecom • New product targeting • Revenue leakage analysis • New product targeting • Revenue leakage • Segmentation • Customer acquisition models • Customer acquisition models • Customer retention initiatives • Customer Retention through survival analysis & novel comprehensive operational approach • New product and service introduction model 10 Strictly Confidential • Copyright 2011 zakipoint
  • 11. Problem Companies are not able to identify and focus on revenue maximization opportunities that data analytics offers because: Data not stored in one place for easy 1 access, legacy technologies not flexible and cost effective for large scale analytics and use Limited access to math-whizz talent with 2 expertise in state-of-the-art data science, machine learning and knowledge discovery Limited executive experience of leveraging 3 data analytics for large scale company wide implementations 11 Strictly Confidential • Copyright 2011 zakipoint
  • 12. Opportunity Tremendous opportunity in combining transaction, customer service and external data for revenue maximization across marketing activities Acquisition Retention Cross-sell & Up-sell New • Lots of data • Real value in • Detailed models on product/servic about storing and related products and e launch customers analyzing target products to • Detailed usage interactions, con customer specific customers maps to develop versions, social service data and new products media integration of all and service comments data offerings 12 Strictly Confidential • Copyright 2011 zakipoint
  • 13. Customer acquisition through big data Big data that combines internal and external data sources can pinpoint customers who are likely to convert using the most cost effective channel Customer Acquisition Cost • There is a huge difference in acquisition 100 X costs across self-service vs. face-to-face channel • Likelihood of conversion also varies at individual customer level • Big data analytics of customer interactions X 10 X through different channels (social media chatter, transaction data and position in Self-Service Online or Face to Face Telephone sales funnel) to provide insights about who to target via which channel & and how much to invest Source: David Skok, Matrix Partners 13 Strictly Confidential • Copyright 2011 zakipoint
  • 14. Customer Retention through big data The core of customer retention is knowing the customer; Big data analytics makes truly knowing the customer possible for the 1st time Commitment to A 5% increase in Satisfied customers customer experience Knowing the customer retention increases tell 9 people, while yields up to 25% more & meeting their business profits by dissatisfied customers retention & revenue expectations is crucial 25% - 125%1 tell 22 people2 than sales or marketing initiatives3 • Big data analytics combined with human expertise is the key to quickly identify customer needs & wants as well as the areas the company is falling short • Leverage all data sources simultaneously (customer service, transactions, social media, blogs, etc) • Identify insights not captured via manual processes • Facilitates comprehensive organizational approach to customer retention • Allows development of proactive retention tactics based on customer behavior 1,3: Gartner Group and “Leading on the Edge of Chaos”, Emmett C. Murphy and Mark A. Murphy 2: http://www.allbusiness.com/sales/customer-service/1096122-1.html 14 Strictly Confidential • Copyright 2011 zakipoint
  • 15. Cross-Sell and Up-Sell through big data Big data analytics makes possible highly targeted & extremely relevant cross-sell & up-sell promotions It costs six times more 88% of customers Repeat customers to sell something to a value being advised spend 33% more than prospect than to sell on products and new customers1 that same thing to a services that better customer2 meet their needs3 • Big data allows the company to learn customer behaviors and preferences • Through pattern detection across all customers, systems can learn the appropriate products & services to recommend • By optimizing sales opportunities with customer retention attributes, a true win-win can be achieved • Customer wins: increased value and better experience • Company wins: increased revenue and customer loyalty 1,2: http://marketing.about.com/od/relationshipmarketing/a/crmstrategy.htm 3: Research by The Forum Corporation of North America (http://www.changefactory.com.au/articles/customer-service/cross-sell-to- provide-service-in-the-hospitality-industry/) 15 Strictly Confidential • Copyright 2011 zakipoint
  • 16. New Product and Service introduction through big data Customers will talk about products/services via many channels, big data analytics turns this into actionable insights • Customer complaints and ideas are a valuable resource for improving company operations & products • Big data analytics allows mining of all available data sources to understand how customers are using products/services • Golden nuggets of information are “hidden” in conversations with customer service or on social media forums • Facilitates rapid collection of customer feedback regarding new product features or service enhancement • Monitoring of communication channels will provide insights regarding features & enhancements • Possible to test ideas without committing to development via starting discussions and monitoring responses 16 Strictly Confidential • Copyright 2011 zakipoint
  • 17. Get started today Thank you ramesh.kumar@zakipoint.com +1 857 383 1574 www.zakipoint.com 17 Strictly Confidential • Copyright 2011 zakipoint