ngdata corp presentation public 04022015
TRANSCRIPT
Transforming Customer Experience in Financial Services and Communica9ons Experience the Difference with Lily Enterprise
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§ Large data processing
§ ArDficial intelligence
§ Complex AnalyDcs and BI
§ Decision systems
EXPERT
ISE
About NGDATA
§ 60+ employees
§ Offices in the US and Europe
§ Flagship Product -‐ Lily Enterprise COMPA
NY
§ Technology
§ SoXware
§ System IntegraDon
§ ConsulDng ECOSYSTEM
Transforming Customer Experience in Financial Services and Communica9ons
§ Global partnerships with pioneers and blue chip
companies in Financial Services
and CommunicaDons
PRESEN
CE
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What We Do
Transforming Customer Experience in Financial Services
and CommunicaDons
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Vision Data available is a huge opportunity to lead transforma6on
• Financial Services have
many digital touch points with their customers where they can drive communicaDon
• Financial Services don’t want to put communicaDon in the hands of third parDes, such as technology companies that could become compeDDon
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Relevancy – What Customer Experience is All About ... What everybody says, but nobody can deliver...
OFFER THE RIGHT
PERSON THE RIGHT
TIME THE RIGHT
CHANNEL THE RIGHT
IMPROVED FREQUENCY
IMPROVED SEPARATION
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Customer Experience is about RELEVANCY
OFFER THE RIGHT
PERSON THE RIGHT
TIME THE RIGHT
CHANNEL THE RIGHT
IMPROVED FREQUENCY
IMPROVED SEPARATION
FAMILY THE RIGHT
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Data/Models
Lily: Opera9onal Customer Analy9cs Within the Current Enterprise Architecture – Improving exis6ng BI landscape
Opera9onal Systems
External Data
Contract/Product Data
Customer OperaDonal Data
Reference Data
Repor9ng / Analy9cs
Enterprise BI and reporDng
Enterprise AnalyDcs ApplicaDons
MarkeDng and Social Data
Customer InteracDon Data
Campaign Data
ERP/CRM Data
Data Warehouse Data
Service Desk
Customer CRM and IVR Systems
Web and Mobile
Mobile Apps
Customer Website
Channel / Campaigns Mail
SMS
Broadcast
MarkeDn
g Campaign Mgt
Sales Office
Agent / Advisor
Structured
Unstructured
Online
Feed
back
External
Social Partner Apps
Partners Apps
Social Media
Structured
Unstructured
Inpu
t
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Lily Enterprise Connect with your customer through a relevant offer
Preferences
AffiniDes
Context
Behavior
Trends in Core Metrics and Preferences trigger relevant communications in all digital channels 3
Lily captures first and third party Customer Behavioral data, immediately translated into Core Customer Metrics and Preferences in Real Time 1
Core Metrics and Preferences actionable on individual customer level, continuously available for personalized customer communications 2
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GeMng to the RIGHT data for customer iden9ty and ac9onable profiles:
Lily Makes the Difference: Intelligently Handling Big Data and Building Customer DNA in Real-‐Time
• Lily uniquely builds Customer DNA, keeping a detailed record of individual customer behavior
• Contains factual informaDon and interpreted data -‐ translated into specific KPI’s kept up to date in real Dme
• Numerical and normalized for immediate use in learning models, business process and analyDcs
• Consists of thousands of metrics, key markers, monitory CLV,…
• Keeping track of all metrics over Dme allows to take Dmely acDons on signals, trends, excepDons, values,...
• GeneraDng a complete understanding of the customer, delivering immediate results
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Customer DNA is based on Interac9on data Monitor Customer behaviour translated into DNA metrics
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Put into Prac9ce at the Customer Increased customer value and reduced helpdesk calls
Proactively predict who is going to call and what their issue will be... And take action before they call
HAPPY CUSTOMERS
FEWER CALLS
HUGE SAVINGS
A personally relevant video is delivered based on: • Customer data
• Specific soluDon
• Preferred products
RESULTS
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Why the Big Difference? Two big data principles impact your business: Individual & Signals
“ Simple models and a lot of data trump more elaborate models based on less data”
Peter Norvig,
0.7
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0 50 40 30 20 10 5 2 1
Mass Individual
Lily: performance plot reaching > 60%
Current soluDons (e.g. DW/BI)
Aver
age
Targ
etin
g P
reci
sion
Data from a large banking organization using Lily
Segmentation
Opportunity Window
ACTION
Current BI based Attrition reporting
Customer portfolio size
Lily attrition score (continuous)
Trends are more important than Values
OFFER THE RIGHT
PERSON THE RIGHT
TIME THE RIGHT
CHANNEL THE RIGHT
Targeting Precision Increased x10 Spot the right moment for each individual customer
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Customer Experience: Use Cases Enterprise side of the equa6on: “CLTV”
CUSTOMER LIFETIME ATTRITION ACTIVATION
MARG
IN
PERSONAL ADVISE
CUSTOMER SUPPORT
UP SELLING PERSONAL ADS PARTNER
PROGRAMS RISK
PROGRAMS
CHURN REDUCTION
ACQUISITION
360 view for advisor Content
recommendaDon
Micro campaigns Anonymous
Call predicDons Script
recommendaDons
Online offers 121 Campaign
Personalized ads Personalized
Social
Support partners apps
Merchant offers
AlriDon programs IdenDfy Fraud
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How You Measure Success
IMPACT
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NGDATA Answers The “Impossible” Ques6ons
▪ Who is going call… and for what?
▪ Who is going to buy... what?
▪ Who is going to churn… and when?
▪ Who should I contact… and how?
▪ How do I add value… for whom, when and through what channel?
▪ Who will buy my product X… today?
▪ What does Customer A want… now?
NGDATA helps you to be RELEVANT for your customer