Business Analytics

From accelerating growth to enhancing productivity, these banks have realised the importance of data and are already reaping the benefits.

At Yes Bank, AI and ML are already at work, helping the banking company enhance the customer experience.

Leveraging data to make decisions is something which many enterprises concur with and same is the case with L&T Technology Services.

Jaipur-based insurance provider Shriram General Insurance is leveraging analytics in various business processes including business processes in all verticals–be it pricing, risk profiling of the assets, digital distribution, claims and fraud detection.

Part of the Philips Innovation Campus in Bengaluru, the unit is leveraging data to offer better patient care, reduce downtime and improve sales.

Data analytics has been widely used by businesses to manage hardware and software, employee productivity, and IT security during the lockdown period.

The company has witnessed tangible success from its data analytics initiatives. Last fiscal, Titan crossed Rs 800 crores in attributable revenue to the analytics campaign.

The world’s largest two-wheeler manufacturer reduced data recovery timelines by 75% while improving resiliency from 24 hours to 12 hours.

Bajaj Allianz Life Insurance’s Chief Information & Digital Officer, Goutam Datta leveraged technology for enabling all business functions and meeting the digital demands of its employees, partners and customers amid lockdown and enabled new services to prevent any impact on business.

A simple fix has helped the airline’s cabin crew save 20 minutes of their work, helping the airline improve turnaround times for better on-time performance.