Professional Documents
Culture Documents
INNOVATION AND
MATURITY OF
INDIAN ANALYTICS
Copyright 2 0 1 5
Published by
N A S S C O M , New Delhi
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FOREWORD
90%
of the worlds data
was created in the
last two years
1,40,000
to 1,90,000
shortage of
specialists with
analytical expertise
in the US alone
R. Chandrasekhar
President, NASSCOM
TABLE OF CONTENTS
Overview
5-10
C a s e Studi es
12
Vertical 2 : Healthcare
22
Vertical 3 : Banking
27
Vertical 4 : Telecom
34
Vertical 5 : Insurance
37
45
49
60
Annexure
78
MARKET SIZE
Sub-category
2014
2019 Forecast
CAGR
2014 - 2019
$96 billion
Business analytics
$41.0 billion
$67 billion
10.3%.
CRM analytics
$4.2 billion
$7.7 billion
12.83%
$2.5 billion
$4.8 billion
34.5%
$6.9 billion
$13 billion
13.5%
$6.8 billion
$11.8 billion
11.6%
Risk analytics
Geo-coding, geo-mapping
Location analytics
India dominates the supplier landscape catering to a large part of the total demand. Given its headstart, mature delivery models and domain
expertise, India would maintain its dominance in the near to medium term.
Source: Markets and Markets Reports,
NASSCOM Blueocean MI Report 2014
Exponential increase
in data generation
Increased
affordability of
analytical tools
Companies using data
well, lead the nancial
performance within their
industries.
Increased adoption of
analytics offered by
Software as a Service
(SaaS) models
Leveraging
unstructured data
through text analytics
Mobile analytics
expected to unlock
signicant value for
organisations
Easy availability
of talent
EVOLUTION OF ANALYTICS
Big Data analytics are where
advanced analytical techniques are
applied to Big Data sets
Level of Complexity
Prescriptive
analytics
Predictive
analytics
Stochastic
optimisation
Complex event
processing
Optimisation
Extreme SQL
Descriptive
analytics
Ad-hoc
reports
late 1990s
Semantic analytics
Time series analysis
Multivariate
stastical
analysis
Natural language
processing
Data mining
Online Analytical
Processing (OLAP)
Basic Analytics
What happened?
When did it happen?
What was the impact?
Standard
reports
Visualisation
Social network
analytics
Forecasting
Alerts
Analytical
database
functions
Constraint-based BI
Predictive
modeling
Statistical
analysis
Query
drill
down
Advance
Analytics
Behavioural
analytics
2000 onwards
Time
In-database analytics
Exponential growth in data volume, variety and velocity has facilitated the progress of analytics for better
and more informed business insights
Source: CRISIL, GR&A analysis
Analytics market in
India is expected to
grow 22.8% from
2014 to 2019.
Analytics capabilities and products offered by Indian rms are now highly mature. These
solutions have over the years scaled up from descriptive analytics capabilities being used
for reporting and business intelligence, to predictive modeling and later moving to
prescriptive ones. Its no surprise then that the analytics market in India is expected to
grow at an impressive CAGR of 22.8% from 2014 to 2019.
NASSCOM, in partnership with Hansa Cequity, undertook an exercise to understand the maturity of analytics in India.
Due to the wide spectrum of analytics solutions, which make it difcult for businesses to build capabilities across the
board, there is a need to explore possibilities of cross-leveraging of different capabilities being built in the country.
FY2014E
This study also provides a platform to recognise the most innovative Indian analytics organisations that are creating
immense business impact or value for its stakeholders.
Notes:
#: Represents only outsourcing services market
*: The break-up given includes over-laps; hence a direct total can't be calculated
**: Top 100 IT-BPM firms who offer analytics services and products
Source: NASSCOM
U Dinesh Kumar
Amit Khanna
Partner at KPMG
Arnab K. Laha
Rajesh Ranjan
Dr. V. Ravi
Professor, Institute for Development
and Research in Banking Technology
Pankaj Rai
Analytics Director, Dell International Services
Nasscom acknowledges the commitment and efforts put in by its eminent panel in helping review and rate these case studies.
ANALYTICS
ACROSS
INDUSTRIES
In association with Hansa Cequity
ANALYTICS IN
NATURAL
RESOURCES
ANALYTICS IN MINING
Organisation
predictive maintenance
Absolutdata
efciencies
Client
Mining major
SITUATION
Vertical
Mining
SOLUTION
Geography
United States
Category
Predictive
RESULTS
Demand response
Revenue management
Fraud and loss prevention
Energy efciency
Compliance
future.
Organisation
Business Brio
Client
An energy company
SITUATION
Vertical
Wind Energy
SOLUTION
Geography
Netherlands
RESULTS
Category
Predictive
Organisation
A State electricity
board in India
SITUATION
Vertical
SOLUTION
Geography
India
Category
Predictive
RESULTS
Smart Meter
Organisation
Siemens
Client
Electric, Water
and Gas Utilities
SITUATION
Vertical
Energy
SOLUTION
Geography
Global
RESULTS
Category
Descriptive
Organisation
DIMTS
next buses
No user-friendly interface to get arrival time and
Client
DIMTS
SITUATION
Vertical
Transport
SOLUTION
Geography
India
Category
Predictive
RESULTS
Organisation
StatLabs
Client
Government of ME
country
SITUATION
Vertical
Transport
SOLUTION
Geoography
Middle East
Category
Predictive
RESULTS
Organisation
Rolta India
Client
Leading power
generation company
SITUATION
Vertical
Power Generation
& Utilities
SOLUTION
Geography
Asia
Category
Prescriptive
RESULTS
ANALYTICS IN HEALTHCARE
Healthcare organisations are increasingly using analytics to consume, unlock and apply new insights from information. New
methods of analytics can be used to drive clinical and operational improvements to meet business challenges. From a traditional
baseline of transaction monitoring using basic reporting tools, analytics in healthcare is moving towards predictive models,
dynamic fraud detection and predictive patient behaviour.
Business goals
Improve utilisation
Optimise supply chain and human capital management
Improve risk management and regulatory compliance
Reduced fraud and abuse
Organisation
HP Analytics
Client
Healthcare Org
SITUATION
Vertical
Healthcare
SOLUTION
Geography
Global
RESULTS
Category
Descriptive
Organisation
EXL Service
Client
US based healthcare
provider
SITUATION
Vertical
Pharmaceutical
SOLUTION
Geography
United States
Category
Predictive
RESULTS
unnecessary hospitalization
Saama Technologies
Client
Large healthcare
provider
SITUATION
Vertical
Healthcare
SOLUTION
Geography
United States
Category
Descriptive
RESULTS
ANALYTICS IN
BANKING
ANALYTICS IN BANKING
Analytic solutions have grown tremendously over the last decade, in terms of their sophistication and the resulting business impact
they create. There are a range of analytics solutions that banks are deploying today.While basic reporting continues to be
must-haves for banks, advanced predictive and prescriptive analytics are now starting to generate powerful insights.
Reporting and
descriptive analytics
Consumer
behaviour and
marketing
Consumer lifetime value (CLV)
Customer protability dashboards
Drill-down reporting by customer
Campaign analytics
Predictive and
prescriptive analytics
Risk alerts at
customer/geography/ product
level
Customer segmentation
Channel mix modeling
Conversion and engagement
by channel and segment
Silent and proactive chum
Next best offer
Trigger-based cross sell
Bundled pricing
Social media listening and
measurement
Product and
portfolio
optimisation
Detailed asset-level reporting
Portfolio dashboards
Static analysis of portfolio to
estimate capital
requirements
Collateral analytics
Collections delinquency
Risk Management
Organisation
Axis Bank
Client
Axis Bank
SITUATION
Vertical
Banking
SOLUTION
Geography
India
RESULTS
Category
Predictive
Organisation
Citibank
Client
Citibank
SITUATION
Vertical
Banking
SOLUTION
Geography
India
RESULTS
Category
Predictive
Customer Centricity
Organisation
HDFC Bank
Client
HDFC Bank
SITUATION
Vertical
Banking
SOLUTION
Geography
India
RESULTS
Category
Predictive
Organisation
Leading US Bank
SITUATION
A 12 month probability of survival was generated using:
Vertical
Banking
SOLUTION
variables
Stepwise Cox proportional hazard regression was run
Geography
United States
RESULTS
Category
Predictive
month timeframe
YES Bank
Client
YES Bank
SITUATION
Product developed is an Application Scorecard for
Vertical
Banking
SOLUTION
Category
Predictive
Geography
India
MSME customers
RESULTS
Reduced turnaround time by 43%
Decentralised delegation improved banks
ANALYTICS IN
TELECOM
In association with Hansa Cequity
ANALYTICS IN TELECOM
Capacity planning
Revenue assurance
Subscriber proling
Churn management
ABIBA Systems
Client
SITUATION
Increase in subscriptions achieved through
Vertical
Telecom
SOLUTION
Geography
Africa
RESULTS
Category
Predictive
to 1 in 79
ANALYTICS IN
INSURANCE
ANALYTICS IN INSURANCE
Premium pricing
scenarios.
Organisation
AXA Entities
SITUATION
Develop business rules to lter fraudulent claims and
Vertical
Insurance
SOLUTION
Geography
Global
Category
Predictive
RESULTS
Organisation
Client
SITUATION
Vertical
Insurance
SOLUTION
forest, logistic)
Geography
India
Category
Predictive
RESULTS
Annual savings of Rs.18-20 crores (potential claim
Minacs
Client
SITUATION
Predictive risk scoring
Vertical
Insurance
SOLUTION
Category
Predictive
approach implementation
Geography
Global
RESULTS
4%-5% month-on-month renewal lift from 72%
baseline
44%-47% effort reduction resulted 27%-30% cost
saving
Improved C-SAT score (NPS score improved by 6%)
Customer Engagement
Organisation
Axtria
Client
Auto insurance
SITUATION
Vertical
Insurance
SOLUTION
Geography
Global
Category
Prescriptive
RESULTS
NIIT Technologies
Client
A P&C
insurance company
SITUATION
Vertical
Insurance
SOLUTION
Geography
United States
RESULTS
Category
Prescriptive
Government of India
SITUATION
Vertical
Insurance
SOLUTION
Geography
India
Category
Prescriptive
RESULTS
Better natural catastrophe risk management in the Delhi
region. This solution will shortly be discussed with
concerned stakeholders
Enable quick payout by government agencies after a
catastrophic event to facilitate fund relief and recovery
operation
Better management of Government funds
ANALYTICS IN
AVIATION
AND
AEROSPACE
In association with Hansa Cequity
Route optimisation
Dynamic pricing
eReputation
Aircraft maintenance
Real-time health monitoring of aircraft
Operational analytics
underutilised capacity.
Nowadays, analytics territory is not just limited to
airlines but has been spread to airports, aircraft
manufacturers, suppliers, governments and others in the
global aviation space.
Organisation
A leading ME airlines
SITUATION
Vertical
Aviation
SOLUTION
Geography
Middle East
RESULTS
Category
Predictive
Organisation
Genpact
Client
A leading aircraft
engine supplier rm
SITUATION
Vertical
Aerospace
SOLUTION
Geography
Worldwide
RESULTS
Category
Prescriptive
ANALYTICS IN
RETAIL / CPG /
ECOMMERCE /
CONSUMER
DURABLES
Organisation
Capgemini
Client
SITUATION
Vertical
CPG
SOLUTION
Geography
Global
Category
Prescriptive
RESULTS
Increased reach on social media channels
Social media analytics helped improve message content
Actual assessment of social brand equity in comparison
to competitors
Customer engagement improved by 7% and brand image
by 4%
Improved customer satisfaction
Organisation
Leading US apparel
retailer
SITUATION
Vertical
Retail
SOLUTION
recommendation engine
Multichannel optimisation (kiosks, web, mobile)
Geography
United States
RESULTS
Category
Predictive
bought strategy
Multi million dollars in incremental revenue from
Organisation
SIBIA Analytics
Client
Retail Chains
(Pharma, Apparel, Grocery)
SITUATION
Vertical
Retail
SOLUTION
Geography
India
United States
RESULTS
Category
Predictive
Organisation
Matrimony.com
Client
Matrimony.com
SITUATION
Vertical
eConsumer
SOLUTION
Geography
Worldwide
Category
Prescriptive
RESULTS
As a result of implementing MIMA, there has been a
28% jump in the customer interactions
Organisation
Fractal Analytics
Client
SITUATION
Vertical
Retail
SOLUTION
Geography
Worldwide
Category
Prescriptive
RESULTS
Organisation
SITUATION
Vertical
Retail
SOLUTION
Geography
India
Category
Prescriptive
RESULTS
Organisation
Target Corporation
or nancially expedient
Client
Target Corporation
SITUATION
Vertical
Retail
SOLUTION
Geography
United States
Category
Prescriptive
RESULTS
Organisation
An appliances company
SITUATION
Vertical
Consumer durables
SOLUTION
Geography
Global
RESULTS
Category
Prescriptive
Organisation
Analytic Edge
Client
SITUATION
Vertical
CPG
SOLUTION
Geography
Global
RESULTS
Category
Prescriptive
Donor proling
Route optimisation
Citizen proling
Compensation Modeler
Organisation
ADP India
Client
Multiple clients
SITUATION
Vertical
Multiple
SOLUTION
Geography
Global
Category
Prescriptive
RESULTS
Recruitment Analysis
Organisation
Agora Analytics
Client
SITUATION
Vertical
Multiple
SOLUTION
Geography
Global
RESULTS
Category
Predictive
Annik Systems
Client
American NGO
SITUATION
Vertical
SOLUTION
Geography
Global
RESULTS
Category
Descriptive
Organisation
Volatile demand
A technology company
SITUATION
Vertical
Technology
SOLUTION
Geography
Global
Category
Predictive
RESULTS
Improved forecast accuracy of the demand planning
process by 20%
Improved lead-time attainment by 10%
Reduce inventory targets by 15%
Organisation
FirstRain India
Client
Technology solutions
company
SITUATION
Vertical
Technology and
Consulting
SOLUTION
Geography
Global
RESULTS
Category
Descriptive
Organisation
Gramener
Client
Multiple
SITUATION
Vertical
Technology &
Consulting
SOLUTION
Geography
Global
Category
Descriptive
RESULTS
Organisation
Client
Government of a
South Asian country
SITUATION
Vertical
Government
SOLUTION
Geography
India
Category
Descriptive
RESULTS
More than 5,000 vendor agencies are using this
platform today seamlessly and successfully
Organisation
Hitachi India
Client
Leading Stock
Exchange of India
SITUATION
Vertical
Stock Exchange
SOLUTION
Geography
India
Category
Descriptive
RESULTS
Improved agility for dynamic rule management for
alternate analysis scenario
Existing design capable of handling 4X volume
growth and further scalable for unlimited growth
Reduced cost of rule management
signicantlyestimated more than 60%
Fraud Analytics
Organisation
Capgemini
Client
Government
SITUATION
Vertical
Government
SOLUTION
Geography
India
RESULTS
Prescriptive
Organisation
Ideal Analytics
Client
An MNC
SITUATION
Vertical
Technology
SOLUTION
Geography
Worldwide
Category
Prescriptive
RESULTS
Organisation
Hexaware Technologies
Client
A UK customer
SITUATION
Vertical
Services
SOLUTION
Geography
UK
Category
Predictive
RESULTS
ANALYTICS IN HOSPITALITY
Customer loyalty
Customer proling
eReputation
Organisation
eClerx Services
Client
SITUATION
Vertical
Hospitality
SOLUTION
Geography
UK
Category
Prescriptive
RESULTS
ANALYTICS IN AGRICULTURE
Organisation
Mjunction Services
Client
Multiple
SITUATION
Vertical
Agriculture
SOLUTION
Geography
India
RESULTS
Category
Predictive
Organisation
International agricultural
co-op group
SITUATION
Vertical
Agriculture
SOLUTION
Geography
Worldwide
Category
Descriptive
RESULTS
Improved operations in land mapping, area sown,
input usage, crop health, critical farming practices,
yield assessment, quality assessment, harvest and
farm-handling, transportation, weather forecast and
eld force activities
APPENDIX
In association with Hansa Cequity
ABIBA
Accenture
Accenture plc is a
ADP
ADP is a comprehensive
Agora
Agora Analytics makes
multinational management
global provider of
organisation capability
consulting-oriented
consulting, technology
Management (HCM)
www.abibasystems.com
visit
please visit
www.agoranalytics.com
www.absolutdata.com
www.accenture.com
www.adp.com
Analytic Edge
Analytic Edge is a provider
Annik
Annik is a global leader in
Axtria
Axtria is a Big Data
solutions leveraging
combines industry
technology to deliver
www.analytic-edge.com
www.anniksystems.com
Bosch
Robert Bosch Engineering
and Business Solutions
Private Limited (RBEI), a
100% owned
subsidiary of Robert Bosch
GmbH, is a technology
focused organisation with a
strong legacy in
engineering and IT services
in the manufacturing and
automotive industry. For
more information please
visit www.bosch.com
Bridgei2i
BRIDGEi2i provides
Business Analytics
Solutions to enterprises
globally, enabling them to
achieve accelerated
business impact harnessing
the power of data. For more
information please visit
www.bridgei2i.com
Axis Bank
Axis Bank is one of the
Business Brio
Big Data and Analytics
Capgemini
Capgemini is one of the
Citibank
Citibank is a global bank of
Consulting/Projects for
nancial services
of consulting, technology
multinational Citigroup.
development organisations.
Citibank India is a
www.axa-bs.com
please visit
subsidiary of Citigroup
www.axisbank.com
please visit
please visit
www.businessbrio.com
www.capgemini.com
eClerx
eClerx provides critical
EXL Services
EXL Service is a provider
First Rain
FirstRain decodes the
Fractal Analytics
business operations
(IT) services,
complex universe of
Limited is an urban
decision-analytics,
unstructured business
operation management,
development company
through operational
outsourcing and
transformation services
deliver quality
www.rstrain.com
www.fractalanalytics.com
visit www.eclerx.com
www.exlservice.com
DIMTS
Delhi Integrated
Multi-Modal Transit System
www.dimts.in
In association with Hansa Cequity
Genpact
Genpact is a global leader
Gramener
Gramener is a data
GrayMatter
A big data and data science
Happiest Minds
Happiest Minds powers
HDFC Bank
HDFC Bank is one of India's
in transforming and
enterprises by delivering
seamless customer
www.gramener.com
experience, business
visit www.hdfcbank.com
www.genpact.com
visit www.graymatter.co.in
www.happiestminds.com
Hexaware
Hexaware Technologies
Hitachi
Hitachi is a highly
HP
HP Analytics and Data
iConcept
iConcept is a global
Ideal Analytics
A self-service, real-time,
Management services
on-demand analytics
provider, headquartered in
Mumbai, specialising in
delivering complex
www.hitachi.com
information, Do visit
www.conceptglobal.com
please visit
visit www.hexaware.com
www.ideal-analytics.com
Manthan
Manthan serves as the
Matrimony.com
A signature internet
Minacs
Minacs is a business and
conglomerate, managing
technology outsourcing
consumer group
BharatMatrimony.com and
organisations across 21
CommunityMatrimony.com.
www.maxlifeinsurance.com
www.minacs.com
http://www.lnttechservices.
please visit
com
www.manthan.com
www.matrimony.com
Mjunction
Mjunction services limited
NIIT
NIIT Technologies is a
Rolta
Rolta uses technology to
Saama
Saama is a pure-play data
SIBIA
SIBIA has built a reputation
is India's largest
leading IT solutions
organisation, servicing
delivering Analytics
Utilities, Transportation,
sibia.co.in
www.mjunction.in
www. saama.com
Siemens
Siemens Smart Grid and
TCG Digital
TCG Digital focuses on
StatLabs
Stat Decision Labs is a
Swiss Re
Swiss Re Shared Services
Target
Target Corporation is an
excellence in Analytics,
American retailing
a subsidiary of Swiss
company. It is the
second-largest discount
application development
organisations anticipate
to help customers
business opportunities,
more at:
www.swissre.com
www.siemens.com/smartgrid
visit www.tcg-digital.com
www.statanalytics.com
WNS
WNS is a global business
www.target.com
YES Bank
processes outsourcing
YES Bank is a
state-of-the-art high
quality, customer-centric,
visit www.yesbank.in
www.wns.com
80 million
customer
records
Handling
70 terabytes
of data
Over
500 million
one-to-one
campaigns
Our data consultants understand and unify data from multiple sources. Our analysts and
customer marketing specialists glean out insights and understanding of our client's customers
or prospects. Our campaign management and digital marketing consultants then move in to
create meaningful engagement opportunities in a multi-channel environment.
BANKING &
FINANCIAL SERVICES
E COMMERCE
FMCG
AUTOMOTIV
E
RETAI
L
NGO
Participating in
millions of
customer
conversations
www.cequitysolutions.com
AUTHORS
MohanaKrishnan P, Director, NASSCOM. Mohan leads the
strategic Analytics & Business Process initiatives of
NASSCOM. In this role, he is responsible for developing
the ecosystem, strengthening the enablers and to position
India as THE destination choice in the area of Analytics &
Business Process. He brings in over 19 years of experience
and working with various stakeholders in developing and
implementing strategies and initiatives in outsourcing for
many large global organisations.