Preventing Revenue Loss through Data Discoverability Tool

Industry Cross-Industry
Region Global
Solution Data Discoverability Tool
Context
MathCo's solution effectively streamlined data source maintenance and enhanced the visibility of third-party sources, resulting in improved accessibility. This approach not only eliminated redundant subscriptions but also slashed annual costs by $250,000. Additionally, it significantly reduced research time by 120 hours, leading to increased efficiency and productivity. 
Problem statement

The client had employees requiring data from internal as well as external sources. However, the client did not have a unified system for easy storage, organization, sourcing, and retrieval of data. They requested the development of a unified platform that would allow internal employees to quickly find stored and easily available data sources, while being able to seamlessly request and find data sources which required elevated access or did not exist. 

Impact

  • Estimated annual savings of $250,000 by cleaning up data sources and preventing overlapping subscriptions 
  • Saved ~120 hours that would have been spent in researching and procuring data 
  • Increased visibility of third-party sources 
  • Reduced effort required for maintenance of data sources 

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