Data Monetization Strategies

Money. In a time of declining revenues, diminishing customer loyalty, and shrinking profit margins, your organization is under tremendous pressure to find new ways to make it or save it. There is something you may be overlooking that can help you to achieve these goals – your data. Significant financial value is locked away in your enterprise systems. The process of realizing it is known as data monetization.

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Lancet Data Sciences - Business Intelligence Consulting

The Business Intelligence (BI) specialists at Lancet help IT professionals and business leaders with strategic leadership, hands-on project implementation and professional services across the entire lifecycle of your BI program. Solve your most complex challenges using the experience and knowledge of the Lancet team to provide options and deliver solutions.

OTHER WHITEPAPERS
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7 Trends for Data Science in 2021

whitePaper | May 5, 2021

Over the last decade, interest in the field of data science has not only increased enormously, but has also changed and developed considerably. In view of the new technological advances and the constant growth of data, we expect Data Science to continue to develop strongly in 2021. We have identified 7 trends that will be relevant for the coming year.

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White Paper on Privacy and Data Protection

whitePaper | March 30, 2022

Inching a step closer to framing a robust data protection regulation for India, the Joint Parliamentary Committee (“Committee”) submitted its report to the Parliament of India on the Personal Data Protection Bill 2019 (“2019 Bill”) on 16 December 20211 , after deliberatingfor almost two years. With that, the Committee also presented a revised bill, i.e., the Data Protection Bill 2021 (“2021 Bill”). Although presently there is no dedicated legislation in India addressing data privacy and data protection, on a sector-neutral basis, the Information Technology Act 2000 (“IT Act”) and the Information Technology (Reasonable security practices and procedures and sensitive personal data or information) Rules 2011 (“SPDI Rules”) regulate aspects of data privacy and protection in India today.

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The Evolution of Data 3.0

whitePaper | October 17, 2022

Today, massive amounts of data are collected, processed, and stored for a range of analytical purposes around the world. Every customer, device, transaction, email, and image leaves a data trail. At present, this data is growing too big, changing too fast, and becoming hyper distributed. The traditional ways of doing integration and analytics are no longer viable or scalable. It is not feasible to create millions of data pipelines and to continue moving large amounts of raw data to a data lake or a centralized data warehouse.

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Democratizing Data Analytics in Financial Services

whitePaper | February 22, 2023

There are two reasons financial institutions are learning as much about their customers as possible by gathering—and processing—as much data as they can. Firstly, this information is invaluable for delivering more personalized products and services to increase revenues while making smarter decisions and improving operational efficiency. Better customer understanding can improve things like underwriting accuracy, for example, and many others.

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Top 5 Trends in Data & BI Governance

whitePaper | August 19, 2022

Metric Insights recently partnered with Donna Burbank on a webinar on trends for Data & BI governance in 2022. Burbank is the managing director at Global Data Strategy, Ltd., an international information management consulting company that specializes in the alignment of business drivers with data-centric technology.

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Serverless Analytics

whitePaper | October 3, 2022

C-Level executives, do you often feel that you spend a significant amount of time and resources managing costs? Or do you often wonder about the impending costs on IT assets and how to optimize them? Gartner, in a recent survey, has expected that IT services are going to raise this year, with the projected IT spending growth rate being 5.5.% for 2023. With soaring expenses, you need to find alternative tactics to reduce the burden of IT expenses.

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Spotlight

Lancet Data Sciences - Business Intelligence Consulting

The Business Intelligence (BI) specialists at Lancet help IT professionals and business leaders with strategic leadership, hands-on project implementation and professional services across the entire lifecycle of your BI program. Solve your most complex challenges using the experience and knowledge of the Lancet team to provide options and deliver solutions.

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