turning big data into more effective customer experiences
DESCRIPTION
Discover how you can improve customer experiences and increase profitability for Telecoms. To learn more about NGDATA or Lily Enterprise 3.0, please visit ngdata.comTRANSCRIPT
Turning Big Data intoMore Effective Customer ExperiencesExperience the Difference with Lily
2Copyright 2014 NGDATA®, Inc. Confidential – Distribution prohibited without permission
New channels adopted by the Customer
Airplane Telephone Radio Television PC Internet iPod Facebook
Years until mass adoption
68 years
50 years
38 years
22 years
14 years
7 years 3 years 2 years
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New channels adopted by the Customer
0
1,000,000,000
500,000,000
1,500,000,000
2,000,000,000
2,500,000,000
3,000,000,000
We are here
Tablets
Smartphones
Personal Computers
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012e 2013e 2014e 2015e 2016e
Global Internet Device Sales
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And it’s getting worse…
How to deal with all this data?What value is in there?
Internet of THINGS provides more information than ever before
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The Value of Data
However, few companies have been able to implement
Source: Econsultancy, Digital Marketing Exchange
of those surveyed believe that "personalization is critical to our current and future success”
94%
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Connecting with the Customer
Preferences
Affinities
Context
Behavior
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Barriers to Customer Experience Management
regard IT roadblocks and lack of technology as barriers to adopting or improving personalization
Source: Econsultancy, Digital Marketing Exchange
No Solutions – No Automation – Manual Work – Low ROI
84%
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Customer Experience Customer Spamming is doing more damage than good
Customer insight is limited to a subset of available data - Limiting relevance and timeliness of offers
Company
Customer
CustomerCRM
Systems
Network Data
Call Details
Customer Data
Social Data
Usage
QoS
SMS
direct mail
shop
web
agent, IVR
mobile
chat
Relevance?Awareness?
Value?Timing?Clarity?
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I have a customer - what are the top 3 products he is likely to buy?
Answering the Tough Questions…
Which top hundred customers are likely to buy my product X today?
What is the best channel to connect with my customer, and when?
Can I turn around my most valuable potential churners?
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The Personalization Customer Experience“I have a customer – what does that customer need most?”
Company’s KPI’s improve: Customer Satisfaction & Advocacy /
Retention / Profitability
Excellent!Fun!
Great!Relaxed!
Safe!
shop
QoS
Network Data
Call Details
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Towards a new architectureOne single customer view
www
STB
Mobile
Network
App Phone
Call Centre
CDR
Shop
POS
Personalization
Acquisition
Journey
ARPU / CLTV
Marketing
Advertising
Churn
Fraud
www
STB
Mobile
Network
App Phone
Call Centre
Shop
POS
CDR
Personalization
Acquisition
Journey
ARPU / CLTV
Marketing
Advertising
Churn
Fraud
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Overcome “Analysis Paralysis”
Proactively Engage
with Customers
Cope with plethora of
data
Transactional
Engagement
Content
Offers
LocationSocio-Demographic
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DNA: Understand Lifestyle and predict behaviour
Many think that ‘Life stage’ is sufficient to capture and understand underlying ‘Needs’
• Born in 1948
• Grew up in Great Britain
• Married, w/ children
• Successful, wealthy, celebrity
• Loves dogs and the alps
• Born in 1948
• Grew up in Great Britain
• Married, w/ children
• Successful, wealthy, celebrity
• Loves dogs and the alps
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Current RealityNo Solutions – No Automation – Manual Work – Low ROI
Customer Back Office Systems
External Data
External Systems
Call Details
Network Data
Customer ERP/CRM Data
3rd Party Reference Data
3rd Party Master Data
Reporting / AnalyticsEnterprise BI and reporting
Applications
Social Data
Customer Web and Mobile
Mobile App Server
Customer WebsiteAnd Online Apps
Customer Channel Campaigns
SMS
POS
Mar
ketin
g Ca
mpa
ign
Mgt
Customer Service Desk
Customer CRM systems
Company and Customer activity
Customer Interactions
3rd Party Operational Data
Enterprise Analytics Applications
Sam
ple
data
set
s –
File
ext
racti
ons
– Fi
les
?
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Lily Real Time PersonalizationWithin the Current Enterprise Architecture – Improving existing BI landscape
InteractionDatabase
Single View DNA
Targeting
Lily Enterprise
Customer Back Office Systems
External Data
External Systems
3rd Party Reference Data
3rd Party Master Data
Reporting / AnalyticsEnterprise BI and reporting
Applications
Social Data
Customer Web and Mobile
Mobile App Server
Customer WebsiteAnd Online Apps
Customer Channel Campaigns
SMS
POS
Mar
ketin
g Ca
mpa
ign
Mgt
Customer Service Desk
Customer CRM systems
Company and Customer activity
3rd Party Operational Data
Enterprise Analytics Applications
Lily
Ent
erpr
ise
Conn
ecto
r – E
TL T
ools
Call Details
Network Data
Customer ERP/CRM Data
Customer Interactions
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Lily Listen – Learn: Know Your CustomerFrom siloed channel interactions into ONE customer “DNA”
Lily Listen Lily Learn
Lily Customer DNA
Lily Learn: Matching – VCELily Customer
Interaction DB
Lily Listen: Channel all sources of customer
interactions into one data model
CRM and Demographic
Debit & CreditCard Transactions
Online Data
Location
Network Information
CDR Data
Call Data
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Lily Delivers Next Generation PersonalizationFrom Raw Data to Individual Preferences
Fully Automated Product Preference
Learning
Transactional
Engagement
Content
Offers
Location
Socio-Demographic
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Turning Data into Valuable Customer DNA
Identify unique customer behaviors and preferences in real timeView thousands of metrics for each customer
Continuously monitor customers’ evolving preferences to identify opportunitiesBring Analytics to the data – Open towards DW/BI
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Lily Customer DNA - Value
• Bigger: Scale trumps Smarter and Better• Results Driven: Actionable DNA• “AND” not “OR”: Co-existing with DW/BI• Prescriptive: Trends better than Values• Big Data Governance• Continuous learning• Objective: Facts on everyone’s desk• Architecture: One Single View
Discover the Unknown Unknowns with a single view of your customers always available…
Analytics Transactions Strategic
Machine Learning
Bigger is Better
Current BI Solutions
Prescriptive
Customer DNAResults-Driven
Genius of “AND”
Maximize Architecture
Objectivity
Governance
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From Data to DNA
Lily CommonCustomer DNA
data sources
Custom DNA extensions
e.g. analytical data sets
Lily Data Model for TelcoOtherCustomer Item Interaction QoS
customers, products, subscriptions, contracts, transactions, interactions, market & social data
Context
Industry DNA Extensions
variable calculation engine
map / load / transform: interactions with context & customer source records
ModelSpecific
DNA
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Lily Enterprise
See everything together – comparisons with a Set defined by you, and evolving trend scores for each customer
From Data to DNA – 1000s of metrics determine individual DNA
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Lily Enterprise
Dynamically created Sets defined by your own rules
More effective Alerts based on real-time customer metrics
Models available, or easily and dynamically add new models from all available metrics
Manage Big Data - Breaking down data silos to gain insights on all customer interactions in one place
With Lily’s Customer DNA and Machine Learning Engine, individual product Preferences are available each moment
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What’s different?
“My traditional BI environmentwill give the answers tomorrow
of yesterday’s problem”CIO leading US Bank
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Key Value Proposition – result in < 90 days
Single View ofthe Customer
Customer DNA Standard DataModel & DNA
Machine Learning
• Ingest from any data source: batch, streaming, trickle-feed and ODI
• Expose through REST/Java/SQL for marketing execution, BI and Analytics
• Customer-centric data organization
• 1000s of built-in customer metrics
• Automatically calculated based on factual & interaction data
• Tracks metrics over time for trend analysis & alerts
• Standard customer-centric data model for finance, retail, telco and media, with support for behavior data
• Default DNA categories e.g.
Socio-demo, Life Time Events, Mobility, Affluence, Social, Affinity, Lifestyle, Competitor, Segment, Communication Preferences, Communication History, ....
• Extensible/customizable
• Broad range of built-in techniques e.g.
Collaborative filtering, clustering, classification, RF, logit, rule-based
• Support business use cases e.g.
RecommendationsXhurn preventionXustomer acquisitionAegment of oneTargeted marketingPersonalized service
Real-time updates Online, continuous learning Automated metrics calculation
Use Cases for Telecommunications
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1-2-1 Marketing and Micro CampaignsTelecom
Individual Product and Content Preferences –
Marketing campaigns with higher Frequency (> x10), higher Response rate (x4) and reduced Budget (< ½)
Result
“ With the international expertise of NGDATA, our CRM department now exists at the center of all our inbound and outbound customer interactions, sharing real, actionable business intelligence and insights, executing hundreds of targeted campaigns on a yearly basis.”
Director of CRM and consumer Intelligence, major telco
• Improve ROI (conversion ratio) of Marketing Campaigns by targeting individual customers
Objectives
• Real-time ingest of CDRs• DNA with focus on usage, network, context based
interactions and product preferences• Learned preferences to feed event-based marketing
actions & send SMS offer to stimulate subscription renewal
• Personalized video
Solution
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Churn PreventionTelecom
Real Time Churn Propensity – Being prescriptive on Churn and reduced attrition with more than 20%.
Result
“ To gain maximum profit from retaining customers, companies should consider not only the churn probability of customers, but also how to mitigate that risk, the likelihood that they will respond to the right retention offer, and the cost of the offer itself.”
• Improve customer retention and loyalty through prescriptive churn scoring
Objectives
• Real-time ingest of CDRs• Customer DNA with focus on usage, payment status,
claims, helpdesk calls,...• Detect trends and trigger alerts to inform call center
agents in real time and to feed marketing actions to stimulate subscription renewal and upselling
Solution
Director of CRM and consumer Intelligence, major telco
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Experience the Difference with Lily
Listen Bigger.
VO
LU
ME
Learn Faster.
SP
EED
Execute Smarter.
QU
ES
TIO
NS
DW/BI
Volumes of Data
Availability
Questions Answered
Start working with Lily to discover Day 1 results
Zettabytes
Exaabytes
Petabytes
Terabytes
Gigabytes
DW/BI
Seconds
Minutes
Hours
Days
Weeks DW/BI
Unknown Unknowns
Known Unknowns
Known Knowns
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