roadmap to realizing the value of telco data – opportunities, challenges, use cases
TRANSCRIPT
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Roadmap to Realizing the Value of Telco Data –Opportunities, Challenges, Use Cases
Srinivasa Ravi, COO, Flytxt
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Agenda
What determines the value of Telco Data?
How to realize the value of Telco Data?
Internal and External Monetization – Few Examples
Summarizing – Economic Potential of Telco Data
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What Determines the Value of Telco Data
Realization of Economic Value of Data
Business Workflows
Data Integration
Analytics
• Faster Decisioning• Applicability across businesses• Use Case Execution• Secured Sharing
• Advance Analytics• Real-time Analytics• Deeper Insights• Actionability
• Any Data Source• Big Data, Fast Data• Data Quality• Privacy
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How to Realize the Optimal Value of Data
Integrate Big/Fast Data
Perform AdvanceAnalytics
Incremental value with
smarter decisioning
Measure and Continuously
optimize
Share insights todrive adjacent
services
Data Streams Value Streams
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Integrate Big Data, Fast Data
Profiles
Products
Location
Big Data
• Volume
• Variety
• Veracity
• In hours
• In Minutes
• In seconds
Fast Data
Usage events
Network events
Recharge/billing events
• Terabytes and Petabytes of Data• Structured, Unstructured, etc.
• Billions of events /day• Real-time triggers
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Perform Advance Analytics for Deeper Insights
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Applying Insights for Smarter Decisioning across Workflows
• Product Affinity• Churn Propensity• Next Best Actions• Offer Prioritization• Nano Segmentation• Smart Visualizations• Social Influencer,
Etc.
Insight Models Internal Workflows Impact
• Demographic Profiles
• Psychographic Interests
• Behavioural Persona• Handset Trends• Preferences• Location Patterns,
Etc.
• Targeted Advertising• Footfall Analysis• Terminal Prophet• Audience
Attribution• OOH Measurement
Etc.
• Superior Reach• Higher RoI• Social Engagement• Market Buzz Etc.
External Workflows
• Increase Revenue• Reduce Churn• Improve Customer
Experience• Reduce cost• Faster Decisioning
Etc.
• Acquisition• Marketing • Personalization• Customer Care• Business
Intelligence• CRM• Network Planning• Sales & Distribution
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Drill down Usage Insights driven Micro-segmentation
Client Objective
• Improve customer engagement for ARPU enhancement
Solution• Drill-down exploratory analytics
based micro segmentation• Segment focused offers for individual
subscribers
Impact• 2% increase in month-on-month
revenue• 28% higher revenues & MOU
AR
PU
Sla
bs
VAS
SMS
Voice usage
DATA
Outgoing
Incoming
Long term inactivity
Short term inactivity
Product Affinity
Local
Long distance
Drop in O/G MoU
Drop in balance
Leg-wise Usage Segments
Usage Behaviour
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Prescriptive Offers for Touch Point Personalization
Client Objective
• Improve customer experience through personalized offers at customer care touch points
Solution
• Prescriptive analytics based offers, prioritized based on touch point preferences
Impact• Conversions on customer care
touch point increase to 11%• Offer decline rate reduced to
0.17%
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Using Predictive Scores in Retention Campaigns
Client Objective
• Proactively win-back customers with relevant offers
Solution• Segmentation of subscribers based
on churn propensity, win-back propensity and score based on uplift margins
• Contextual offers to enable customer win-back
Impact
• Drop in churn by 25%
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Insights driving Mobile Advertising Workflow
Client Objective
• Generate quick buzz for new handset models in niche market
Solution
• Exploratory and heuristic analytics based segmentation: on location, handset, usage and profile
• Precisely targeted mobile advertising campaign
Results
• Reach: Half a million in less than two weeks
• Over 10% increase in footfall to client’s retail store
• Zero wastage
Any Subscriber persona in non PII format
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New Revenue Streams – more sources
Footfall Analysis Device – Market Trends
• Market Share/Movement • Competitor Position• Popular Models, etc
• Subscriber Movement• Population distribution• Suitable locations for ATMs,
Shopping Malls, OOH Boards etc
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Measure to Optimize!
4% Increase
in Gross Revenue
30%Growth
in Mobile Money users
10%Growth
in Data Users
105%Increase
in Special offer Sales
300%Increase
in Store Footfall
25%Drop
in Churn
Co
ntr
ol g
rou
p b
ase
d
mea
sure
men
t
Accurate impact measurement
Analytics
Actions and decisions
Workflows
Impact measurement
Feedback to reinforce analytics and iteratively optimize decisions/actions
A f
ewim
pac
t p
oin
ts
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Summarizing: Economic Potential of Telco Data
Next Best OffersUpselling
Cross selling, retention, etc.
3G/4G PromotionHandset Bundle,
Roaming Packs, etc.
Social influencers, Friends and family,
etc.
Contextual Engagement
Location based Offers, etc.
Targeted AdsMarket Research,
etc.
Handset Market Share
New Handset Promotion, etc.
OTT partnerships, etc.
Location based Ads, Footfall Analysis, etc.
Inte
rnal
m
on
etiz
atio
nEx
tern
al
mo
net
izat
ion
2-3% 1-2% .5-1% 0.5-1%
1-2% 0.5-1% 0.5-1% 0.5-1%
Customer Data Infrastructure Data Location Data Social Data
>10% total
economic impact
Source: Gartner, IDC, Flytxt Research
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FlytxtOur vision is to create >10% measurable economic value for Mobile Enterprises through Big DataAnalytics
Flytxt’s solutions create incremental revenues from new and existing sources, optimizes margins andenhances customer experience
Dutch company with corporate office in Dubai, global delivery centres in India and regional presence inMexico City, Johannesburg, Singapore, Dhaka and Nairobi
Winner of ICMG 2014 architecture award, Stevie International Awards 2014, Frost & Sullivan ProductExcellence Awards and Gartner Cool Vendor 2013
PartnersOperators
Proven across many Countries, Brands and Logos
Brands
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Thank Youwww.flytxt.com