Category: Analysis

De-duplication Can Empower Your Business to Achieve Data-Driven RoI: Here’s How

De-duplication Can Empower Your Business to Achieve Data-Driven RoI: Here’s How

Data Duplication and Redundancy – The Challenges Over the last couple of decades, there has been a phenomenal shift from paper-based records to virtual data rooms in India. This has streamlined and transformed the way businesses collect, gather, store and retrieve customer data. However, as the primary focus remained on the uphill task of converting …

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Twitter Speaks on #GST- An Exclusive Analysis by FORMCEPT

Twitter Speaks on #GST- An Exclusive Analysis by FORMCEPT

The Goods & Services Tax (GST), a single, multi-stage comprehensive tax, came into effect recently on 1st July, 2017. Ever since the concept of GST was introduced, it has created a lot of buzz. There has been hue and cry from some corners, while many others have applauded it. Social media has been exploding with …

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Customer Clumpiness: Here’s How FORMCEPT Can Help Your Business Stay Ahead of the Game with New Age Customer Analytics

Customer Clumpiness: Here’s How FORMCEPT Can Help Your Business Stay Ahead of the Game with New Age Customer Analytics

Customer Churn: Is There a Method to the Madness? When it comes to customer loyalty, churn and recurrence, traditional businesses usually have a basic cause-and-effect approach. This is derived from established consumer behaviour principles. Hence, they have a relatively predictable model for estimating customer lifetime value (CLV). However, the story is different for new age …

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Analytics – the Game Changer in the Evolving Life Insurance Sector of India

Analytics – the Game Changer in the Evolving Life Insurance Sector of India

In our previous article, Transforming Indian Insurance Sector with Data Analytics Edge, we explored how the Indian insurance sector can transform its customer acquisition, customer retention and share of customer’s wallet by adopting advanced, actionable analytics. In this article, we will zero-in on one of the most competitive segments of the insurance sector – the …

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Transforming Indian Insurance Sector with Data Analytics Edge

Transforming Indian Insurance Sector with Data Analytics Edge

Insurance Industry – A Late Adopter to Analytics With India’s insurable population projected to reach 750 mn1 in 2020, the insurance penetration still hovers below the world average (3.9% against global average of 6.3% in 20132). However, the woes of the industry are far more than just that. Lurking behind steep growth are burgeoning customer …

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Locality-Sensitive Hashing on Spark with Clojure/Flambo

Locality-Sensitive Hashing on Spark with Clojure/Flambo

Record Linkage is a process of finding similar entities in a Dataset. Using this technique one can implement systems like: Plagiarism Detectors – which are able identify fraudulent scientific papers or articles, Document Similarity – finding similar articles on the internet, Fingerprint Matching, etc. The possibilities are endless. But the topic which we are focusing …

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Unlock Insights to Boost User Experience Online

Unlock Insights to Boost User Experience Online

FORMCEPT has achieved pioneering position in extracting in-depth insights from piles of data. An interesting testimony to the degree of our influence in data analytics solutions space is our recent collaboration with ESPN Cricinfo to deliver a data analytics solution on our patent-pending platform that coincided with Cricket World Cup 2015. The solution for one …

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