A Better Alternative: Advanced Analytics and Alternative Data in Consumer Lending

Data volumes are growing faster every day. Fortunately, a move to the cloud can make real-time business intelligence accessible and affordable.

75% of organisations believe they are not living up to their analytics potential. Research has shown that there are 5 major factors holding organisations back from fully utilising analytics in their business, these include: It’s time to change your experience with data and analytics. Data is growing exponentially and and more organisations are starting to realise that becoming data-driven is imperative to their success. Join us for this webinar as we take you through how to transform your analytics capability through data and AI to become a truly data-driven business.

Fanatics, a popular sports apparel website and fan gear merchandiser, needed to ingest terabytes of data from multiple historical and streaming sources transactional, e-commerce, and back-office systems to a data lake on Amazon S3. Once ingested, the data would be analyzed to better identify, predict, and fulfill customer needs related to the products Fanatics offers in over 300 online and offline stores.

Today’s data-savvy companies actively seek ways to enhance their approach to analytics and evolve out of the past. While the first wave of BI involved static, rigid, IT-owned systems, and the second expanded the capabilities to a more business-facing analyst set, the third wave aims to infuse analytical activity into multiple layers of non-technical business roles. As a key strategy to enable this third wave, companies today are exploring an embedded approach that places analytical activity directly in the context of everyday user applications, and the independent software vendors (ISVs) and enterprises providing those applications have taken notice of this trend. Done efficiently, embedded analytics promotes faster deployment and pervasive usage of analytics for end-users while delivering a competitive advantage and the opportunity for new revenue streams for software vendors and enterprises.