In the aftermath of the COVID-19 pandemic, businesses, particularly those in asset-intensive industries, are actively attempting to strike a balance between cutting costs and optimizing asset availability. Maintenance operations are one area that is being extensively investigated in this regard, as in asset-heavy enterprises, maintenance is a crucial component of profitability. While conventional approaches to… Continue reading Part 1: How Can Predictive Maintenance Give Manufacturing 4.0 a Boost?
Topic: Data Science Consulting
Four Ways to Shape a Digital-Forward Auto Insurance Ecosystem
The changing landscape of auto insurance. In the last few years, the automobile industry has witnessed major shifts: customers preferring vehicle renting and sharing over ownership, autonomous vehicles prompting us to rethink road safety, and OEMs leveraging telematics to enable connected, data-driven vehicles. As much as this digital transformation has redefined the automotive experience, it… Continue reading Four Ways to Shape a Digital-Forward Auto Insurance Ecosystem
Five Tech Trends Shaping the Automotive Consumer Experience
The automotive industry is shifting its focus from vehicles to customer experience, driven by technological advances and changing consumer behavior. Learn about the five key trends shaping the future of automotive customer experience in this article.
Unlocking Experiential Automotive Marketing with AI & ML
Four Ways Automakers are Reinventing Digital Touchpoints Today’s automotive sector is evolving at multiple fronts: e-mobility, autonomous vehicles, newer vehicle ownership methods, and digital-enabled touchpoints – all of which are influencing automakers’ go-to-market strategies across the world. With digital channels becoming customers’ preferred means to find their next automobile [1], original equipment manufacturers (OEMs) and… Continue reading Unlocking Experiential Automotive Marketing with AI & ML
How CPG Businesses are Utilizing Data to Mitigate Inflationary Risk
Three data-driven strategies to mitigate inflation risk in the CPG industry The looming threat of COVID inflation As the world becomes better prepared to fortify itself against new waves of the pandemic, assessing the long-term impacts of this historic global event remains a necessity, particularly as every industry attempts to bounce back to pre-COVID levels… Continue reading How CPG Businesses are Utilizing Data to Mitigate Inflationary Risk
Total Cost Optimization: Leveraging Analytics to Optimize CPG Supply Chain Costs
Cost-efficiency focused: The current state of supply chains As shifts in procurement and sourcing costs result in increased supply chain expenditure, CPG leaders across the world have had to re-evaluate their long-held unit-based pricing strategy. Now, with 47% of consumers switching to click-and-collect services to buy consumer packaged goods and brand loyalty taking a hit… Continue reading Total Cost Optimization: Leveraging Analytics to Optimize CPG Supply Chain Costs
Redefining Risk Management for Resilience in Volatile Times
In the current economic climate, it’s evident that traditional methods of assessing credit risk are no longer adequate. To address the challenges of today’s volatile market, this white paper provides insights into assessing individual creditworthiness, employing innovative loan defaulter classifications, and evaluating applications based on groundbreaking parameters, offering a holistic approach to mitigating credit risk.
CPG’s Zombie Problem: Tackling Underperforming SKUs with AI
A brief history of zombies. “Zombie” products and brands—those which create a resource drain for CPG businesses by underperforming over long periods—have been around for a while. In fact, as far back as 2013, it was found that the F&B industry was incurring annual losses of £600m on R&D [1], with “zombie” and “cannibal” products… Continue reading CPG’s Zombie Problem: Tackling Underperforming SKUs with AI
How Hyper-Personalization Is Shaping Patient Support Programs
This article discusses the shift from service-focused healthcare models to patient-centric approaches and emphasizes the importance of hyper-personalization in patient support programs (PSPs). It highlights the potential of hyper-personalization in improving financial aid services, increasing patient adherence through proactive communication, and enhancing healthcare literacy.
Improving Patient Outcomes with Precision Medicine
The impact of precision medicine on healthcare The rapid adoption of precision medicine It is a well-known fact that consumer demand for more personal experiences is reshaping multiple industries, and the healthcare industry is no exception. The pandemic has caused a massive change in consumer health expectations: it has hastened the transition to 24/7 care,… Continue reading Improving Patient Outcomes with Precision Medicine