i3c offering business intelligence and analytics

22
0 This presentation is confidential and should not be reproduced (in whole or in part) nor summarised or distributed without the prior written permission of i3 consulting Private Ltd. The recipient(s) of this report agree(s) to keep its contents strictly confidential and undertake(s) not to disclose the information contained herein to any person other than those of its/their employees. Business Intelligence and Analytics services T: +91-120-6737900 W: www.i3C.in New Delhi | Singapore | Riyadh | Cairo | Dubai

Upload: ps

Post on 17-Nov-2015

14 views

Category:

Documents


2 download

DESCRIPTION

i3C Offering Business Intelligence and Analytics.India and Mumbai

TRANSCRIPT

  • 0

    This presentation is confidential and should not be reproduced (in whole or in part) nor summarised or distributed without the prior written permission of i3 consulting Private Ltd. The

    recipient(s) of this report agree(s) to keep its contents strictly confidential and undertake(s) not to disclose the information contained herein to any person other than those of its/their

    employees.

    Business Intelligence and

    Analytics services

    T: +91-120-6737900 W: www.i3C.in

    New Delhi | Singapore | Riyadh | Cairo | Dubai

    http://www.i3c.in/

  • 1

    Value Proposition

    Business Intelligence

    Business Analytics

    About i3 Consulting

  • Our services range from developing BI and analytics strategy to

    enabling the organization execute analytics strategy

    Consumer and market insights

    Risk management

    Service excellence diagnostics

    Market communication Cost management Capital management Product innovation

    Marketing and consumer research

    Internal data Mystery shopping

    Secondary research

    Internal diagnostics

    IT tools Techniques

    Data analysis Data mining Consulting approach

    Business involvement

    Data procurement

    Information processing

    Need focused insight generation

    Value creation

    Strategic management

  • BI driven Predictive

    Optimized Real time

    We handhold organizations in their journey for achieving best in class

    BI and analytics program

    Focus on

    post facto

    analysis

    and

    dashboard

    s for

    decision

    making

    Focus on

    developing

    predictive

    models to

    define

    future

    outcomes

    Focus on

    optimizing

    the

    predictive

    future

    outcomes

    for

    business

    Focus on

    enabling real

    time decision

    making for

    better

    customer

    value

    maximization

  • 4

    Value Proposition

    Business Intelligence

    Business Analytics

    About i3 Consulting

  • BI provide organizations a sustainable competitive advantage by enabling relevant

    business users to take quick and accurate decisions

    Customer

    Internal

    processes

    Financial

    BI helps in achieving

    success on these

    parameters

    Increases wallet share Improves campaign

    effectiveness & efficiency

    Discover cross-sell, cost reduction and customer

    experience improvement

    opportunities

    Increase process efficiency Embedded intelligence in

    business processes

    Adapt to changing scenarios, contradictory information &

    uncertain judgments

    Robustness of data Accuracy in reporting Optimal usage of existing

    resources

    BI does this by:

    Multi-source analysis streamed in

    real-time

    Shows correlations and relationships

    between disparate

    data sets

    Gleans unstructured (texts, blogs, forums,

    etc.) data and

    provide insights,

    patterns & trends

    Provides dashboards on

    mobile devices

    Identifies diverse entities and trace

    data lineage

    Learning &

    growth

    User-friendly, real-time and functional to support to

    decision making

    Enables creation of evidence for future learning and

    growth

    Business parameters To provide inputs

    to strategy

    Formulation of initiatives

    Creation of roadmap for

    implementation

    Outcome-based definition of key

    metrics to track

    Identification of BI tool

    Mapping of metrics to data sources

    Development of user-friendly dashboards

    Development of robust BI governance

    framework

    Strategy Formulation

    Strategy Execution

    Sustainable

    competitive

    advantage

    Thereby creating a

    sustainable

    competitive

    advantage

  • 6

    Typically, we start with developing an organization level business

    intelligence strategy around three critical levers

    Governance

    Metrics & Data Tools

    Gather Business requirements Creation of Business intelligence

    centre of competence

    Defining roles and personnel

    Involves data integration and data warehousing options

    Selection of BI tool which can be configured as per organizational

    needs

    Involves understanding of business processes and metrics

    at the organization level

    All these metrics are used to define and capture KPIs in the BI

    tools like dashboards, fixed

    reports, etc

    Business intelligence

    strategy

  • 7

    KPIs

    Data summary

    Data listings

    Detailed data

    Information delivery portal OLAP cubes

    MS office Web Report studio

    Data mining software

    Executives

    Department managers

    Team managers

    Analysts

    Right people ; Right data ; Right tools

    BI Dashboards

    The key to building a successful business intelligence strategy is to

    provide the right data to right people with the aid of right tools

  • 8

    followed by a proprietary four stage implementation plan

    * The Data integration and Data Warehousing requirements to be assessed as per organizational requirements, if needed

    Need analysis &

    Identification of

    appropriate BI tool

    Identifying specific BI features

    Defining reporting dimensions like

    frequency, types of

    reports, etc

    Defining users and their specific analysis needs

    BI presentation needs Dashboards Scorecards BI integration needs Appropriate tool, as per

    the requirements of BI

    would be selected

    through RFP process

    Define business

    Metrics and map to

    sources

    Analysis of existing reports and dashboards

    Workshop for future needs of analysis

    Definition of key business metrics at individual,

    department and

    organizational level

    Aligning of Kpis with overall business strategy

    Alignment and unification of Kpis at various executive

    levels

    Identification of internal and external sources of data

    Mapping of data to defined Kpis

    If required*, data integration framework can be defined

    either directly from OLTPs

    or from data repositories

    Develop visual

    representation of

    analysis

    Design and Develop dashboards

    Automate process for refreshing data in the

    dashboards

    Select tools for automating dashboards

    Identifying partners for implementing automation

    of dashboards

    Develop SOPs for

    BI governance

    Introduction of new data sources

    Modifications in existing data sources

    Modifications in business metrics

    Key

    activities

  • Case study : Developed and implemented dashboard for campaign

    management for a leading bank in KSA (1/3)

    Background

    Business Problem

    Impact / Result

    Provide one stop shop that provides a single snapshot of

    performance of retail banking (cards, consumer finance)

    The tool should enable business to conduct root cause analysis by

    pinpointing specific issues and thereby take corrective action

    Helped the client with identification and definition of key business

    metrics to track, improve campaign execution to drive higher

    customer profitability

    i3C also monitored and tracked the performance of campaigns to

    ensure optimal results

    This lead to an increase in campaign effectiveness & efficiency,

    reduction in cost of acquisition, higher customer satisfaction and

    greater wallet share per customer

    The client is a leading bank in middle east created through alliance

    with a foreign bank

    9

  • i3C worked as a partner helping the client with development of an

    analytics tool to monitor business performance (2/3)

    10

    Creating BI

    Strategy

    Analyzing the clients business along with its key drivers

    Creating a plan based on the understanding to enable business transformation

    Quick wins and

    immediate cost

    reduction

    Execution of the

    BI initiatives

    identified

    Monitoring of BI

    initiatives

    Identifying key improvement

    initiatives and align BI

    strategies to be

    implemented in the

    near future

    Executing the BI initiatives identified in the previous

    phase (Implement BI tools and

    develop BI solutions)

    Working with department teams to ensure that the

    initiatives are being executed

    as per the defined BI strategy

    For ensure smooth implementation of the various

    on-going and future BI initiatives,

    monitored all BI initiatives by

    defining and tracking their key

    success parameters

    Analyze the performance of the BI

    initiatives and provided

    inputs for tweaking of Bi

    strategy based on

    ground realities Feedback and

    improvement

  • The dashboard with drill down feature improves predictability and helps

    identify appropriate and profitable product-customer-channel mix (3/3)

    11

  • Case Study Dashboarding

    A PE fund held a stake in a brokerage business which wasnt performing as per

    expectation. The CEO was looking for a consultant that the PE fund was able to

    recommend. The objective of the project was to create dashboards that helps the PE fund

    get visibility on the performance of the company as well as provide right information for the

    management

    i3C started with detailed evaluation of all the major functions and the information needs for

    the business and then designed the dashboards at:

    Corporate level - provide information on the corporate and each business line going

    down to profitability, business and turnover from customer segments and by vintage

    Portfolio performance assess the performance of the portfolio managers by

    providing various measures of risk and returns

    Sales force trackers designed sales force trackers for the organization that helps in

    identifying the performance and right levers of sales force performance drilled down to

    sales officer level

    Productivity tools Develop budgeting tool and custom designed HR performance

    tracker tools

    Loaded with the information the company was able to improve the operating profitability

    of the business by 8.2% in the next six months

    The sales force churned with new sales officers bringing in increased AUM of over 45%

    New incentive policy rolled out focused on providing incentives for bringing in profitable

    products and in turn improving the portfolio performance

    Value addition

    by i3C

    Impact

    Situation

  • 13

    Value Proposition

    Business Intelligence

    Business Analytics

    About i3 Consulting

  • i3C provides support to clients in developing and managing the

    complete lifecycle of business analytics program

    Requirement

    gathering

    Data preparation

    and ETL

    development

    Modeling or IP

    development

    Installation and

    Configuration of

    system

    SIT, UAT and

    trainings

    Conducting

    business

    workshops to

    define scope of

    services

    Conducting

    business

    meetings to

    collect business

    requirements

    Showing end

    state to all

    stakeholders

    Conducting

    diagnostics

    exercise and gap

    analysis

    Conducting data

    mapping exercise

    Developing data

    models

    Conducting data

    quality assessment

    Conducting

    cleansing,

    standardization and

    deduplication

    exercise depending

    on client needs and

    data gap

    assessment

    Integrating

    unstructured and

    structured data

    Developing ETL

    scripts from clients

    staging area

    Jointly

    developing

    Intellectual

    Property for the

    client in the form

    of analytical

    framework

    Conducting

    modeling

    exercise to

    develop logic that

    will be

    implemented in

    the solution

    Seeking business

    sign-off on the

    models/logic/fram

    ework

    Installing the

    solution

    Configuring the

    solution based on

    workflow and

    authority matrix

    agreed with the

    users

    Conducting data

    migration

    Conducting SIT

    on the solution

    implemented

    Jointly

    developing test

    cases and

    coordinates UAT

    Conduct training

    on the tools,

    administration

    and business

    trainings to

    ensure adoption

    of the tools and

    business

    application in the

    organization

  • Case Study Developing cross selling proposition for banking products

    DIB is one of the leading banks in UAE. They had a large customer base but they wanted

    to explore possibilities of strengthening the relation by cross selling other products to them.

    This was the beginning of their ambitious plan for analytics driven business for the rtail

    division.

    i3C started with understanding the business plan and priorities of the business heads and

    carried out the following activities :

    Complete customer visibility- Created a 360 degree view of the customer, including

    all products they own and the transaction behavior on each product

    Portfolio Analysis Analyzed the portfolio behavior to identify opportunities for cross

    sell

    Cross sell models Developed cross sell products for key products using SAP

    analytics

    Campaign Design and execution support Helped the bank develop campaigns

    based on the results of the modeling exercise and provided execution support

    The biggest impact the initiative had was a huge lift in the campaign results. Conversions

    before the analytics driven campaigns were around 2% while the analytics driven

    campaigns gave a conversion in excess of 12%

    Additionally, the bank also started having a better visibility of the customer across

    products and could plan initiatives based on the complete banking relation and not just

    individual product relations

    Value addition

    by i3C

    Impact

    Situation

  • Case Study Developing analytics driven search engine for a job portal

    Merajob is a job portal catering to recruitments across sectors. Since the effectiveness of

    the portal depends on the effective search results, they wanted to develop a mechanism for

    higher successful search r esults

    i3C started with understanding the business model and the business objectivesand carried

    out the following activities :

    Analysis of past data Analysed the past search results, the search objectives, user

    profile etc. to understand the corellation between the various factors resulting in

    successful search results

    Improvement on search engines Developed analytics models to develop algorithms

    for better search results utilizing the knowledge of the users past search behaviour and

    the user profile. This leads to better pre-screening of profiles to reduce the effort from

    recruiters

    Development of a proprietary service called SmartProfile which facilitates reduction in

    hiring time and cost.

    The result of the exercise was better search results leading to higher number of satisfied

    customers.

    Value addition

    by i3C

    Impact

    Situation

  • 17

    Value Proposition

    Business Intelligence

    Business Analytics

    About i3 Consulting

  • The Team

    Founder partners bring with them valuable

    experience in world class Consulting and

    Business organizations to ensure high quality

    solutions for clients

    Senior consultant team comes with a cumulative

    international experience of more than 100 years in

    market leader organizations like McKinsey, Citibank,

    Kantar, TNS and GCC banks like Al Rajhi

    A young team picked from top institutions and

    diverse backgrounds ensures high enthusiasm and

    intellect to match client demands for superior delivery

    i3 Consulting provides consulting services to senior management of

    organizations to create long term value for their businesses

    Our Clients

    i3 Consulting has served more than 120 clients across the globe including several leading

    organizations in the GCC region. We have a strong understanding of both local culture and international

    best practices that blend into customized solutions for clients.

    Our Presence

    New Delhi Riyadh

    Cairo

    Singapore Dubai

    Overview of i3 Consulting

    18 18

  • Our strategic inputs have a proven track record of delivering

    value impacting solutions viz. net growth in sales or a

    substantial decrease in cost of operations

    Organization specific and credible strategies that stem from

    a rigorous fact based approach

    Our customized BOT model of project delivery allows

    clients to adapt smoothly to change and maximise returns

    on an ongoing basis

    Our high quality and wide ranging analytics capabilities drive

    immediate competitive advantages for the business

    Our understanding of local markets ensures relevant

    solutions that are effective and implementable

    Maximum

    impact

    Local flavor

    Superior

    analytics

    capability

    Robust

    solutions

    Streamlined

    transition

    Value proposition of i3 Consulting

    19 19

  • Our knowledge and experience of the Middle East

    Have worked with more than 100 clients

    in the last four years

    ranging from large

    corporations,

    institutions to small

    and medium

    enterprises

    Have a team of ~15 members in the

    Middle East at any

    point of time working

    on different

    engagements

    Industries

    Functions

    Economic

    environment

    Feasibility

    studies

    Financial institutions,

    Petrochemicals, Real Estate, Basic

    material companies, Consulting

    and Audit firms, regulators and

    government agencies

    Engagements ranging from

    Strategic advisory to management

    of operational matters: Sales and

    Marketing, Risk management,

    Operations

    Evaluation of economic

    environment, government

    initiatives and their impact on the

    economy, industrial developments,

    GDP components and there

    movement Undertaken several Greenfield and

    Brownfield projects and helped

    companies develop businesses

    20 20

  • 21

    Why should you choose i3 Consulting?

    Strong problem solving ability

    Team represents one of the best problem solvers, who can handle

    multi layered complexity and

    uncertainty.

    The team follows a flexible approach to make quick

    calibrations with ease to adapt to

    the evolving situation

    1

    Implications for Client

    Strong project management reduces implementation cost

    Higher business usage of the solutions

    Ability to pick up technical design of

    implementation software quickly

    Team at i3C has the ability to pick up technical design, architecture,

    implementation and configuration within

    a matter of a month.

    This ensures companys ability to translate its ability in one solution into

    multiple product offerings with a

    relatively small team

    2

    Quick prototyping and rapid

    application development thereby

    bringing down development cost

    i3C has a strong sense of business on the basis of which it

    Senses the need for an add-on product

    Quickly develops prototype for bridging the gaps

    Develop and conduct SIT and UAT for implementation

    3 Development of right technical team for

    solution implementation

    i3C has successfully built teams for system implementations from multiple

    companies starting from solution

    architects to data management and

    solution implementation in a short span

    of time

    4

    21