Preview

Customer Data

Powerful Essays
Open Document
Open Document
1596 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Customer Data
Enhancing Customer Data
Enhanced Customer Data Repository is a secure and fully supported data repository with problem determination tools and functions. It updates problem management records (PMR) and maintains full data life cycle management.
· combination of all the internal structured business data (CRM, ERP, POS and all the internal system data) and external unstructured data ( Social media data, feedback surveys, Audios, Videos, streaming data, Call center data, images)
· unmanageable volumes by traditional databases
· enormous speed at which it comes into the organization.
Today, most organizations are still struggling to unlock the full value of this Big data that is available to them. From internet to mobile and social, the amount of customer data is continuously growing.
Company’s ability to extract value from big data through smart analytics will be the key to their business success.
Channel based marketing is a least priority now. The increased amount of data available at individual customer level has allowed companies to do a personal marketing. But all this customer data out there is worthless if you can’t process it & turn it into actionable intelligence.
With Big data platforms helping in collection, integration, and transformation of large volumes of data, companies can conduct complex and varied analysis on much larger datasets and reduce the time to action and reaction to customer needs.
Organizations can now impact the entire customer life cycle and every interaction by being well prepared for each interaction, shaping the interaction in real time as it happens and driving the huge improvements across all the channels for next interaction.
By listening to the data as a signal from customers and working to personalize the experience for the customer, creates the value for the customer as well as business.
Some examples of enhancing the customer experience using Big data Analytics:
· Retail giants are using Big data to personalize

You May Also Find These Documents Helpful

  • Good Essays

    For companies has been using the analytics of data to reduce cost and drive innovation. Data has now become more available and with the help of technology better to understand though a computer. Stores such as Home Depot, Lowe’s, and Walmart analyze data to tailor products and price markdowns for customers located in curtain demographic areas. Fed-Ex use data on their delivery truck and planes, to help manage delivery times and traffic for better delivery schedules.…

    • 321 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Rlht2 Task 3

    • 1508 Words
    • 7 Pages

    Datanal, Inc., was established by five IT entrepreneur colleagues in 2002. It enjoys a reputation for outstanding performance and presently employs some 350 IT specialists, most with proven skill in analyzing, organizing, and managing large, diversified streams of data and databases in logical, systematic form, transparently and effectively bridging present artificial separations. By enabling customers to assimilate a consistently large influx of new data while simultaneously drawing from previously unrealized complementary database…

    • 1508 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Pepsi America Case Study

    • 578 Words
    • 2 Pages

    | 1. Used customers’ data for competitive asset, and collecting information.2. Helped in management and control of the business process flow.3. Predict business flow.…

    • 578 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Project Deliverable 1

    • 966 Words
    • 6 Pages

    In an uber globalized market of today, companies are faced with challenges in each and every step of their business. Our analytics and research services are geared towards giving those companies that extra edge over the competition. We process and analyze terabytes of data and break down all the fuzz and chatter around it to give our customers meaningful insights about their competition and the market they are engaged in.…

    • 966 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Week 6 Discussion 2

    • 582 Words
    • 3 Pages

    Any organization wishing to maintain a competitive advantage can benefit from big data management and analytical tools. When properly utilized, big data can increase efficiency, productivity, and predict future market conditions (Laudon, p. 231). As processors become faster and more affordable, big data management will become a necessary component of all organizations. The actual benefit from big data will lie in the ability to analyze and apply the vast amounts of information that are flooding databases at all times.…

    • 582 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    BUAD 311 – Spring 2015 1 As you’re coming in… • Sit in the first few rows, please • Introduce yourself to your neighbors (front/back, side to side, diagonal) • Find out why each of them is taking this course • Talk about what you’ve heard (good and bad) about this course • Talk about what you think “operations management” means BUAD 311 – Spring 2015 Introduction to Operations Management Prof. Vishal Gupta 2 BUAD 311 – Spring 2015 Today • Introductions • What is operations management? • Why study it? • Process analysis intro • Administration and logistics • Course Overview and Learning Objectives • Assignments & grading 3 4 BUAD 311 – Spring 2015…

    • 1872 Words
    • 8 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Cis 500 Case Study

    • 654 Words
    • 3 Pages

    The collection of large quantity of data allows Volvo to continue to improve and excel into higher levels of technological advancement. Data is the way the company manages its customers, designs, features, and manufacturing. Big data is a critical element to the company’s continued success. This is how Volvo will maintain a competitive advantage and continue to exceed consumer expectations.…

    • 654 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Many companies are successful in understanding how to meet customer expectations, gain new customers and increase productivity and efficiency by using business intelligence and data analytics. The tools and techniques used by business intelligence give real time insight so that companies can identify opportunities, risks and track trends quickly. Collecting data alone is useless until it is analyzed. This is where data analytics come in. Data analytics is the process of obtaining and evaluating data using specialized software with the purpose of extracting useful information. (4) Data analytics is used in many industries to allow companies and organizations to make better business decisions quickly. The speed at which data is collected, organized and evaluated is critical given the speed at which technology continues to change. I believe more and more companies are utilizing data analytics so they can gain advantages over their competitors. Technology is obtaining more data than in the past so companies are seeking better ways to receive value from that data. The term business…

    • 1233 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    Week 3 Case Study CIS 500

    • 711 Words
    • 3 Pages

    Strader, whom is the CIO at Volvo, created vehicles that are data rich it environments given that consumers today highly value smart tech as much as automotive engineering. Volvo Car Corporation is one of the car industry’s most well-known brands. Volvo brand focuses on passengers and drivers; for the fact that the company strive to develop some of the safest cars on the road.…

    • 711 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Harley Davidson Pdf

    • 2271 Words
    • 10 Pages

     We ride with our customers and apply this deep connection in every market we serve to create superior value for all of our stakeholders.…

    • 2271 Words
    • 10 Pages
    Satisfactory Essays
  • Better Essays

    Some of the positive aspects of Big Data collection are that it provides a host of benefits for its collectors and users. The collection of data has led to better customer satisfaction through loyalty programs. According to Experian, 67 percent of consumers are active loyalty program members. This is good because it shows that customers are loyal and willing to hear about new promotions that the company has come up with. Another area in which big data is…

    • 1115 Words
    • 5 Pages
    Better Essays
  • Best Essays

    Big Data inspired data analysis is matured from proof of concept projects to an influential tool for decision makers to make informed decisions. More and more organizations are utilizing their internally and externally available data with more complex analysis techniques to derive meaningful insights. This paper addresses some of the architectural goals and challenges for Big Data architecture in a typical organization.…

    • 2200 Words
    • 9 Pages
    Best Essays
  • Powerful Essays

    We build our business around the customer, and motivate our people to get the right results for our customers and partners.…

    • 1794 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    targeting the markets based on all system-produced data and how they use it during the sales while interacting with the customers. In short, it’s a whole new experience.…

    • 767 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Supermarket

    • 1947 Words
    • 8 Pages

    Today, more than ever, marketers can harness the types of customer data that used to be available only to the most sophisticated consumer marketers. Website traffic & awareness, online marketing programs, traditional lead generation, customer satisfaction, even product usage data are suddenly at the fingertips of many marketers.…

    • 1947 Words
    • 8 Pages
    Better Essays