BUSINESS INNOVATION

Business Innovation (Data and Analytic Driven Culture) - The Data Imperative for Companies

As advanced economies move from a physical production base to an intangible asset base, more organizations are harnessing the power of data analytics and making significant investments in the process.

The transition to a data-driven company, or at least data-enabled, is not easy. A company does not become a data-driven organization simply because it adopts new technologies or hires data scientists. The transition begins with leadership and specialized advice, experience and that has a clear vision and can convince business leaders how to use data to better serve the needs of customers, employees and shareholders.

Our offer includes

The commitment to Innovation and the process begins with Teippo as the expert partner in establishing clear objectives and organizing the company’s internal data. Below we present our 5 key requirements for a Data Driven strategy for companies that we develop together with them:

Defining the goal: being clear about how the data strategy supports the company's strategy
Understanding what data already exists: identifying and classifying the existing data within the company
Assessing resources and capabilities: understanding the company's data resources and capabilities, compared to its strategic ambitions
Investing in people, infrastructure, and processes: Investing in a targeted way focused on easy wins that transforms
Changing the culture: Building a company-wide acceptance of the value of data

Leaders who embrace AI show higher financial performance

Technology-focused sectors lead enterprise adoption
Product and service development, service operations, and marketing and sales are the business functions leading AI adoption
Predict and suggest potential products relevant to a customer's interests based on data from previous customers (individuals or groups)
High initial investment in talent and resources: this creates a barrier to entry related to understanding business processes associated with AI, Optimized Models and ML to deliver as a solution

THE POTENTIAL VALUE AT STAKE FROM AI IS $10 TO $15 TRILLION

GLOBAL ANNUAL POTENTIAL, FORECAST

Source: S&P Global, oct 2020; McKinsey Analytics Quotient data set

Assessment of the current state

Let us show you the benefits of being a strategic partner and stand by your side, review your business processes and identify the ways it can be transformed with mathematical optimization and other advanced analytics technologies.

Evaluation of the optimization project

Based on the results of the Current State Assessment, we help you estimate the time, effort and cost of a possible optimization project. This will include in-depth interviews with key parties involved in your business processes and related disciplines.

Accelerate your ROI

Solve the most complex business and market challenges and quickly realize the value of optimization and visibility.

Optimization projects - Quick Start

As your partner, we can help accelerate time to market with an optimization strategy and a PoC (proof of concept) model based on a scenario chosen for your business case. To do this, it is best to take advantage of the results of a "Current State Assessment or an Optimization Project Assessment.

Optimization feasibility study

Explore and check the feasibility of your proposed optimization project. As a partner, we will conduct interviews with interested areas to establish the desired results and priorities (objective, strategy and results). You will then receive a systematic and comprehensive analysis of your current business process, as well as market opportunities and threats, based on possible mathematical optimization models.

Take the first step toward decision-making optimization...

Our team will understand the unique challenges of your business and work with you to identify which ones can benefit most from decision intelligence technology. And if you decide to move forward with a full optimization implementation, we’ll guide you every step of the way.

BUSINESS INNOVATION