DIGITAL TRANSFORMATION CONSULTING PRACTICE
We enable clients to leverage the power of big data and
advanced data analytics to generate actionable insights to achieve desired business outcomes.
Spout Analytics is a proven service provider that can accelerate your digital transformation goals.
What We Do - Extract Value From Your Data
Our flexible engagement models combined with robust experience, expertise, and ecosystem enable clients to extract the Dollar Value Impact of their data. We accomplish this digital transformation through: Cloud migration, Data Engineering, Data Analytics and Full Scale Project Implementation.
Indicative Case Studies
CASE STUDY : DYNAMIC PRICING
Pricing is modeled as a function of supply, demand, competitor pricing and other external factors. Spout worked with a major retail chain to architect, model and deploy a pricing algorithm that analyzes the data sourced from in-store activity, web click stream, market dynamics and customer behavior. Within 6 weeks of deployment, the model resulted in a 25% improvement in ecommerce sales.
CASE STUDY : OPERATIONAL EFFICIENCY
Reducing the cost of operations though better deployment of machinery and intelligent inventory management. Spout built and deployed a model that identifies optimal workflow based on historical manufacturing data and previous stages of manufacturing to lower the cost of manufacturing and product testing. The POC resulted in reducing the cost of operations by $1M/Month.
CASE STUDY : CUSTOMER CHURN
Predicting when a customer is going to abandon a product. Spout built and deployed a model using algorithms such as Support Vector Machines (SVM), Random Forest (RF) and K-Nearest Neighbor (KNN) to predict customer churn for a major department store. The model constantly learns from feedback to improve the accuracy of customer classification.
CASE STUDY : RISK ANALYTICS & FRAUD DETECTION
Detecting fraudulent behavior in financial transactions, coupon abuse, customer returns abuse, etc. Spout worked with various customers to look for anomalous behavior to identify illegitimate transactions or fraudulent behavior. Fraud incidents are flagged in near real time and recommendations are made to mitigate future risk.
Serving clients in Healthcare, Finance, Retail and Technology
Spout Analytics enables organizations to leverage the power of big data analytics to turn data into insights and insights into profitable decisions.
Everybody knows that data is useful. We are the ones that make it so. Not bound by any loyalties to any particular platform or approach, we enable our clients to derive value from their Big Data.