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Data to Insight to Action
                                                  Today’s flat and wired world and increased
                                                  competitiveness has shifted the focus more and
                                                  more towards the customer. It is an absolute
                                                  necessity that the companies understand their
                                                  customers      well   and   address   their   needs
                                                  proactively.




         Author – Nagaraj Kulkarni
         e-mail – Nagaraj.Kulkarni@cequitysolutions.com




                                                                                                        1
© Copyright 2008 Cequity             www.cequitysolutions.com
Index
                                        Data to Insight to Action   …3

                                        Framework                   …5

                                        Value Propositions          …7

                                        About the Author            …8




                                                                         2
© Copyright 2008 Cequity   www.cequitysolutions.com
1
           Data to Insight to Action

                                                                                      resources over an extended period of time1. The
           Today’s flat and wired world and increased
           competitiveness has shifted the focus more and                             added burden of managing such a program and
           more towards the customer. It is an absolute                               systems over a period of time makes it difficult to
           necessity that the companies understand their                              sustain such programs in house.
           customers         well     and     address         their   needs
           proactively. The reliable and integrated customer
                                                                                      The typical challenges and pain-points go as
           data is an important asset to every company that
                                                                                      follows:
           recognizes         the     value      of    this     quot;Customer
           Information          Enabled”        competitive           market          •     Multiple, disparate data sources across multiple
                                                                                           business lines and multiple customer databases
           advantage.
                                                                                      •    Challenges with ETL, Integration and consolidation
           The siloed customer databases across business
                                                                                           of multiple disparate systems and systems
           units and geographies add to consolidation and
                                                                                      •    Integration with operational (enterprise, channel,
           integration challenges. The data that is not                                    partner) systems as well as downstream marketing
           correct and current will lead to wasted efforts and                             systems such as campaign management or email
                                                                                           marketing systems
           dollars. A scenario of unutilized or underutilized
                                                                                      •    Customer data quality, cleansing, de-duplication,
           customer data will mask several competitive
                                                                                           ongoing data quality maintenance
           business advantages (and disadvantages) the
                                                                                      •    Defining, managing and maintaining Customer
           company could otherwise discover and leverage
                                                                                           hierarchy and relationships
           upon. In the increasingly global market scenario,
                                                                                      •    Defocus of the business users from the core
           single customer view across the enterprise is a
                                                                                           business towards the pre-requisite of having a
           definitive competitive weapon. It will serve the
                                                                                           integrated,     consolidated,      cleansed      customer
           customer well and help build the customer loyalty.                              database

                                                                                      •    Lack of adequate and required information and
           While the advantages of having a single customer
                                                                                           insights into the customer base (leading to
           view are well understood and recognized, the
                                                                                           suboptimal servicing and           potentially unhappy
           complexity and long cycles coupled with large                                   customers)
           investments make decision makers shy away
                                                                                      •    Maintaining required levels of access and security
           from leveraging the hidden customer data assets.                                permissions towards safeguarding the customer
                                                                                           data
           Businesses find it difficult to justify the upfront
           investment in such applications – in terms of
           hardware,         software,      system integration and



            1Most   data warehouses are built by hand, which suits systems integrators just fine (all those yummy billable hours) but does not serve
            customers well. TDWI reckon an average data warehouse takes 16 months to deploy, USD 3 million to build and costs 72% of the
            development costs in support every year.


                                                                                                                                                       3
© Copyright 2008 Cequity                                 www.cequitysolutions.com
CEQUITY-ACE Hosted Customer Solution
           CEQUITY-ACE hosted customer environment                                     licensing model that makes it easier for the
           (HCE), eliminates these pain-points to the                                  companies to scale in data- size and usage-value
           business. It jumpstart the “customer information                            in an iterative quick-hit (DMAIC) cycle mode.
           enabled”         competitive        advantage.         Cequity’s
           expertise with customer data cleansing and                                  Providing for the business ownership of customer
           integration cuts cycle time and increases data                              data ensures its success with robust data quality
           competency. It takes out the nuances of upfront                             frameworks,        based       on     CEQUITY’s         industry
           investment, long cycles, added systems, the                                 experience that is further augmented by business
           learning cycles and instead focuses business                                users. The benefits of such an empowered
           users in using the enabled data to unleash                                  customer data can be reaped and leveraged
           competitive advantage. It puts the power of                                 across business units spanning sales, service,
           reliable customer data coupled with the power of                            marketing, shipping etc.
           analysis and analytics in the hands of the
           business users. The ongoing data quality focus                              The power of CEQUITY-ACE Analytics on the
           helps        maintain     continued       data     quality    and           hosted      environment         can      provide      jumpstart
           ensures no redundant or inconsistent data                                   analytical solutions to help answer and address
           elements are introduced by individual business                              business directives such as:
           units.
                                                                                       •     How do I build a ‘one view’ of my customers?

                                                                                       •     How do I identify loyal customers?
           Cequity’s strong understanding of underlying
                                                                                       •     How can I         segregate customers          based on
           customer data and the ability to address the                                      behaviour?
           entire marketing lifecycle right from prospecting,                          •     How can I turn my customers into high value
                                                                                             customers?
           acquisition, development, retention to relationship
                                                                                       •     How do I calculate the lifetime value of my top
           management and measurement will help our
                                                                                             customers?
           clients realize the value of their investments. It
                                                                                       •     What is the churn pattern? Which of my customers
           also enables the business to take advantage of                                    are possibly thinking of leaving me?
           sophisticated customer acquisition and retention                            •     Is there an aberrant behaviour amongst my
                                                                                             customers that I should watch out for?
           tools that can help grow their customer base and
                                                                                       •     Where are the strategic white-space opportunities
           increase the customer lifecycle value.
                                                                                             in the market landscape?

                                                                                       •     What is customer’s lifecycle value to the business?
           All this, without any significant upfront capital
                                                                                       •     What is my ideal target customer for new
           investment2. It provides for a use as you go                                      acquisition?



           2According   to Gartner’s guideline for enterprise CRM rollouts, a typical midmarket CRM rollout can run into 20 million over a three year
           period.

                                                                                                                                                          4
© Copyright 2008 Cequity                                  www.cequitysolutions.com
2
           Framework
                                                                  •      Cequity     ACE     Analyser™     gain     insight     into
           CEQUITY-ACE hosted customer environment is
                                                                         characteristics and behavior of customers and
           realized   based     on   the    CEQUITY’s   5E
                                                                         prospects
           methodology. It delivers the business needs in a
                                                                  •      Cequity     ACE     Campaigner™        transforms      the
           simple, scalable, iterative, prioritized model.
                                                                         insight   and     intelligence   gained.    It    delivers
           Each phase can be tied down to clearly defined
                                                                         campaign planning and management functionality
           KRAs with business ownership and participation.
                                                                  •      Cequity     ACE    Modeller™      enables        predictive
           The Cequity ACE solution suite bundled with the
                                                                         modeling and data mining
           hosted solution provides a complete customer
                                                                  •      Cequity     ACE      Operations    &     Measurement
           lifecycle management solution. Following are the
                                                                         Services provide the Measurement Frameworks
           various solutions that are available:
                                                                         and Dashboards
           •    Cequity ACE Snapshot™ gives one view of the
                Customer data with dependencies




                                                                                                                                       5
© Copyright 2008 Cequity                      www.cequitysolutions.com
3
           Value Propositions
                                                                         •
           CEQUITY ACE simplifies the complex and                            Capture all marketing communication touch
                                                                             points and results, enabling right-time tracking
           arduous chain of processes and projects to, an
                                                                             and monitoring
           engagement with CEQUITY. We take out the IT
                                                                         •   Managed security with multiple access and
           and Data Integration challenges, shrink the time
                                                                             permission levels
           to rollout to few weeks, provide a flexible and
                                                                         •   Tested methodology, domain expertise leading to
           scalable model. We complement this with end to                    lower costs, faster implementations and faster
                                                                             return on investment
           end solution offerings with CEQUITY ACE
                                                                         •   Out of box, quick rollout (weeks), with end to end
           companion products and solution offerings.
                                                                             functionality leveraging the CEQIUTY ACE suite
           We take care of all the data and technology                       of solutions
           challenges and requirements and put your focus                •   Realize Business Value with CEQUITY ACE
                                                                             hosted solution and CEQUITY ACE solution
           back on the customer and business. Our domain
                                                                             offering
           and business vertical expertise complements the
                                                                         •   Faster, easier & more efficient execution of
           solution offering.
                                                                             promotions and campaigns

           •    All Operational issues including ETL,             data   •   Increased      effectiveness   and    efficiency   of
                                                                             acquisition and retention marketing
                integration, data quality and cleansing are
                                                                         •   Improve overall ROI by marketing to most
                addressed    by    CEQUITY,      saving    time    for
                                                                             valuable customers
                businesses to focus on managing the customers
                                                                         •   Insight into customer characteristics and buying
           •    A   consistent    view   of   customer    data    with
                                                                             patterns across product suites
                standardized key data elements
                                                                         •   Ability to run precision marketing campaigns
           •    Ongoing data quality and maintenance with right              designed for specific target audience
                time cleansing and updates to ensure current and         •   Power of Analytics with Customer Banding,
                accurate data                                                Profiling, Segmentation, Trending and Predictive
                                                                             models towards identifying best customers and
           •    Enhanced customer profile and ability to integrate
                                                                             prospects and enabling precision marketing
                with external and third party data sources




                                                                                                                                     6
© Copyright 2008 Cequity                          www.cequitysolutions.com
Key Benefits
                                                                           •     On demand managed analytics with single view
           •      Our industry knowledge and deep understanding
                                                                                 of customer data
                  of customer lifecycle with business vertical
                  expertise will jumpstart the effective, complex and
                                                                           •     Out of box dashboards and reports that help you
                  extendable customer environments in weeks
                                                                                 measure the success of the marketing programs
           •      Our tested approach to ETL and integration, Data
                  Quality    and   Cleansing,   customer     database      CEQUITY brings in customer experience and
                  design and management will act as a catalyst to          marketing domain expertise, industry vertical
                  your organization’s ability to leverage customer
                                                                           insight and experience, technology expertise
                  insights
                                                                           with the end to end fulfillment solutions to
           •      We   combine     our   knowledge     of   identifying    manage      your    customer    engagement       and
                  business objectives, insight of customer events
                                                                           experience. We do this starting with customer
                  and data expertise to extract maximum value out
                                                                           data integration, hosted solution with reference
                  of customer databases
                                                                           customer master, data cleansing, de-duplication
           •      Our solution assets coupled with technology and          and enhancement, augmented by CEQUITY
                  business expertise enable us to deliver better
                                                                           ACE Snapshot, Campaigner and Modeler to
                  returns on marketing database investments and
                                                                           enable seamless and single point of campaign
                  campaigns
                                                                           and    loyalty   management      powered    by   the
           •      Our focus on time to market (6 weeks for initial
                                                                           customer insights gained. We manage this with a
                  iteration and jumpstart), iterative refinements and
                                                                           measurement framework and dashboards that
                  pay as you go models help jumpstart your
                                                                           we design and implement to help you monitor
                  business objectives
                                                                           the success of the business intent and the
                                                                           engagement.
           •      Enables    business    with   the   possibilities   of
                  customer data and insights, a must have
                  competitive advantage




                                                                                                                                   7
© Copyright 2008 Cequity                              www.cequitysolutions.com
4
           About the author
              Nagaraj Kulkarni brings over 16 years of
              technology and business solutions experience
              across large enterprises, global consulting firms
              and start-ups. His focus areas include enterprise
              strategy, technology and business systems
              architecture,    business    intelligence    &   data
              warehousing, data architecture, information life
              cycle and knowledge management.


              He has applied technology solutions to realize
              business benefits and value for companies in
              India and US across Leasing and Retail Finance,
              Banking, Trading, Cerdit Card, Telecom Billing
              and Collections, eCommerce, CRM & Customer
              lifecycle and Manufacturing and Supply chain.


              He is an alumni of Indian Institute of Science,
              Bangalore       and   University   of   California   in
              Santacruz.




                                                                            8
© Copyright 2008 Cequity                         www.cequitysolutions.com
Disclaimer / Copyright
           The information contained in this document represents
           the views of the author on Data to Insight to Action in
           the existing market scenario. It is exclusively for
           informational purposes only. Complying with all
           applicable copyright laws is the responsibility of the
           user. Without limiting the rights under copyright, no
           part of this document may be reproduced, stored in or
           introduced into a retrieval system, or transmitted in any
           form or by any means (electronic, mechanical,
           photocopying, recording, or otherwise), or for any
           purpose, without the express written permission of the
           author and the above mentioned authors of the
           reference documents.




           Contact
           105-106, 1st Floor, Anand Estate,
           189-A, Sane Guruji Marg,
           Mahalaxmi, Mumbai 400 011, India.

           Ph: +91 22 23000133 / 23054039
           Fax: +91 22 23053809

           Email: info@cequitysolutons.com




                                                                             9
© Copyright 2008 Cequity                          www.cequitysolutions.com

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Data Insight Action

  • 1. Data to Insight to Action Today’s flat and wired world and increased competitiveness has shifted the focus more and more towards the customer. It is an absolute necessity that the companies understand their customers well and address their needs proactively. Author – Nagaraj Kulkarni e-mail – Nagaraj.Kulkarni@cequitysolutions.com 1 © Copyright 2008 Cequity www.cequitysolutions.com
  • 2. Index Data to Insight to Action …3 Framework …5 Value Propositions …7 About the Author …8 2 © Copyright 2008 Cequity www.cequitysolutions.com
  • 3. 1 Data to Insight to Action resources over an extended period of time1. The Today’s flat and wired world and increased competitiveness has shifted the focus more and added burden of managing such a program and more towards the customer. It is an absolute systems over a period of time makes it difficult to necessity that the companies understand their sustain such programs in house. customers well and address their needs proactively. The reliable and integrated customer The typical challenges and pain-points go as data is an important asset to every company that follows: recognizes the value of this quot;Customer Information Enabled” competitive market • Multiple, disparate data sources across multiple business lines and multiple customer databases advantage. • Challenges with ETL, Integration and consolidation The siloed customer databases across business of multiple disparate systems and systems units and geographies add to consolidation and • Integration with operational (enterprise, channel, integration challenges. The data that is not partner) systems as well as downstream marketing correct and current will lead to wasted efforts and systems such as campaign management or email marketing systems dollars. A scenario of unutilized or underutilized • Customer data quality, cleansing, de-duplication, customer data will mask several competitive ongoing data quality maintenance business advantages (and disadvantages) the • Defining, managing and maintaining Customer company could otherwise discover and leverage hierarchy and relationships upon. In the increasingly global market scenario, • Defocus of the business users from the core single customer view across the enterprise is a business towards the pre-requisite of having a definitive competitive weapon. It will serve the integrated, consolidated, cleansed customer customer well and help build the customer loyalty. database • Lack of adequate and required information and While the advantages of having a single customer insights into the customer base (leading to view are well understood and recognized, the suboptimal servicing and potentially unhappy complexity and long cycles coupled with large customers) investments make decision makers shy away • Maintaining required levels of access and security from leveraging the hidden customer data assets. permissions towards safeguarding the customer data Businesses find it difficult to justify the upfront investment in such applications – in terms of hardware, software, system integration and 1Most data warehouses are built by hand, which suits systems integrators just fine (all those yummy billable hours) but does not serve customers well. TDWI reckon an average data warehouse takes 16 months to deploy, USD 3 million to build and costs 72% of the development costs in support every year. 3 © Copyright 2008 Cequity www.cequitysolutions.com
  • 4. CEQUITY-ACE Hosted Customer Solution CEQUITY-ACE hosted customer environment licensing model that makes it easier for the (HCE), eliminates these pain-points to the companies to scale in data- size and usage-value business. It jumpstart the “customer information in an iterative quick-hit (DMAIC) cycle mode. enabled” competitive advantage. Cequity’s expertise with customer data cleansing and Providing for the business ownership of customer integration cuts cycle time and increases data data ensures its success with robust data quality competency. It takes out the nuances of upfront frameworks, based on CEQUITY’s industry investment, long cycles, added systems, the experience that is further augmented by business learning cycles and instead focuses business users. The benefits of such an empowered users in using the enabled data to unleash customer data can be reaped and leveraged competitive advantage. It puts the power of across business units spanning sales, service, reliable customer data coupled with the power of marketing, shipping etc. analysis and analytics in the hands of the business users. The ongoing data quality focus The power of CEQUITY-ACE Analytics on the helps maintain continued data quality and hosted environment can provide jumpstart ensures no redundant or inconsistent data analytical solutions to help answer and address elements are introduced by individual business business directives such as: units. • How do I build a ‘one view’ of my customers? • How do I identify loyal customers? Cequity’s strong understanding of underlying • How can I segregate customers based on customer data and the ability to address the behaviour? entire marketing lifecycle right from prospecting, • How can I turn my customers into high value customers? acquisition, development, retention to relationship • How do I calculate the lifetime value of my top management and measurement will help our customers? clients realize the value of their investments. It • What is the churn pattern? Which of my customers also enables the business to take advantage of are possibly thinking of leaving me? sophisticated customer acquisition and retention • Is there an aberrant behaviour amongst my customers that I should watch out for? tools that can help grow their customer base and • Where are the strategic white-space opportunities increase the customer lifecycle value. in the market landscape? • What is customer’s lifecycle value to the business? All this, without any significant upfront capital • What is my ideal target customer for new investment2. It provides for a use as you go acquisition? 2According to Gartner’s guideline for enterprise CRM rollouts, a typical midmarket CRM rollout can run into 20 million over a three year period. 4 © Copyright 2008 Cequity www.cequitysolutions.com
  • 5. 2 Framework • Cequity ACE Analyser™ gain insight into CEQUITY-ACE hosted customer environment is characteristics and behavior of customers and realized based on the CEQUITY’s 5E prospects methodology. It delivers the business needs in a • Cequity ACE Campaigner™ transforms the simple, scalable, iterative, prioritized model. insight and intelligence gained. It delivers Each phase can be tied down to clearly defined campaign planning and management functionality KRAs with business ownership and participation. • Cequity ACE Modeller™ enables predictive The Cequity ACE solution suite bundled with the modeling and data mining hosted solution provides a complete customer • Cequity ACE Operations & Measurement lifecycle management solution. Following are the Services provide the Measurement Frameworks various solutions that are available: and Dashboards • Cequity ACE Snapshot™ gives one view of the Customer data with dependencies 5 © Copyright 2008 Cequity www.cequitysolutions.com
  • 6. 3 Value Propositions • CEQUITY ACE simplifies the complex and Capture all marketing communication touch points and results, enabling right-time tracking arduous chain of processes and projects to, an and monitoring engagement with CEQUITY. We take out the IT • Managed security with multiple access and and Data Integration challenges, shrink the time permission levels to rollout to few weeks, provide a flexible and • Tested methodology, domain expertise leading to scalable model. We complement this with end to lower costs, faster implementations and faster return on investment end solution offerings with CEQUITY ACE • Out of box, quick rollout (weeks), with end to end companion products and solution offerings. functionality leveraging the CEQIUTY ACE suite We take care of all the data and technology of solutions challenges and requirements and put your focus • Realize Business Value with CEQUITY ACE hosted solution and CEQUITY ACE solution back on the customer and business. Our domain offering and business vertical expertise complements the • Faster, easier & more efficient execution of solution offering. promotions and campaigns • All Operational issues including ETL, data • Increased effectiveness and efficiency of acquisition and retention marketing integration, data quality and cleansing are • Improve overall ROI by marketing to most addressed by CEQUITY, saving time for valuable customers businesses to focus on managing the customers • Insight into customer characteristics and buying • A consistent view of customer data with patterns across product suites standardized key data elements • Ability to run precision marketing campaigns • Ongoing data quality and maintenance with right designed for specific target audience time cleansing and updates to ensure current and • Power of Analytics with Customer Banding, accurate data Profiling, Segmentation, Trending and Predictive models towards identifying best customers and • Enhanced customer profile and ability to integrate prospects and enabling precision marketing with external and third party data sources 6 © Copyright 2008 Cequity www.cequitysolutions.com
  • 7. Key Benefits • On demand managed analytics with single view • Our industry knowledge and deep understanding of customer data of customer lifecycle with business vertical expertise will jumpstart the effective, complex and • Out of box dashboards and reports that help you extendable customer environments in weeks measure the success of the marketing programs • Our tested approach to ETL and integration, Data Quality and Cleansing, customer database CEQUITY brings in customer experience and design and management will act as a catalyst to marketing domain expertise, industry vertical your organization’s ability to leverage customer insight and experience, technology expertise insights with the end to end fulfillment solutions to • We combine our knowledge of identifying manage your customer engagement and business objectives, insight of customer events experience. We do this starting with customer and data expertise to extract maximum value out data integration, hosted solution with reference of customer databases customer master, data cleansing, de-duplication • Our solution assets coupled with technology and and enhancement, augmented by CEQUITY business expertise enable us to deliver better ACE Snapshot, Campaigner and Modeler to returns on marketing database investments and enable seamless and single point of campaign campaigns and loyalty management powered by the • Our focus on time to market (6 weeks for initial customer insights gained. We manage this with a iteration and jumpstart), iterative refinements and measurement framework and dashboards that pay as you go models help jumpstart your we design and implement to help you monitor business objectives the success of the business intent and the engagement. • Enables business with the possibilities of customer data and insights, a must have competitive advantage 7 © Copyright 2008 Cequity www.cequitysolutions.com
  • 8. 4 About the author Nagaraj Kulkarni brings over 16 years of technology and business solutions experience across large enterprises, global consulting firms and start-ups. His focus areas include enterprise strategy, technology and business systems architecture, business intelligence & data warehousing, data architecture, information life cycle and knowledge management. He has applied technology solutions to realize business benefits and value for companies in India and US across Leasing and Retail Finance, Banking, Trading, Cerdit Card, Telecom Billing and Collections, eCommerce, CRM & Customer lifecycle and Manufacturing and Supply chain. He is an alumni of Indian Institute of Science, Bangalore and University of California in Santacruz. 8 © Copyright 2008 Cequity www.cequitysolutions.com
  • 9. Disclaimer / Copyright The information contained in this document represents the views of the author on Data to Insight to Action in the existing market scenario. It is exclusively for informational purposes only. Complying with all applicable copyright laws is the responsibility of the user. Without limiting the rights under copyright, no part of this document may be reproduced, stored in or introduced into a retrieval system, or transmitted in any form or by any means (electronic, mechanical, photocopying, recording, or otherwise), or for any purpose, without the express written permission of the author and the above mentioned authors of the reference documents. Contact 105-106, 1st Floor, Anand Estate, 189-A, Sane Guruji Marg, Mahalaxmi, Mumbai 400 011, India. Ph: +91 22 23000133 / 23054039 Fax: +91 22 23053809 Email: info@cequitysolutons.com 9 © Copyright 2008 Cequity www.cequitysolutions.com