What’s so big about data? Well, big data refers to data so complex, fast and large that it’s almost impossible to process through traditional methods. Fortunately, companies like Insights are introducing innovative ways of analyzing this data for the sake of business in all types of industries.
The amount of data your company produces, and stores is not important, is what you do with it that matters. Picture this, a chef opens the fridge and they don’t see milk, eggs and butter, they envision pancakes. Imagine the faces of kids when they witness the ingredients being transformed into pancakes, that’s the face of a business that saves thousands of dollars through big data analysis.
A Blessing for All Types of Businesses
Big data holds answers for businesses on how to reduce costs and times, develop new products and make smart decisions. When you combine big data with good analysis, determining root causes of failures, issues and defects in your business becomes an easy process.
You’d be surprised of the number of companies that have detected fraudulent behavior through big data analysis. Some businesses even generate coupons based on customer’s buying habits through self-learning algorithms like the ones used by Insights.
The passion for innovation led Insights to enter The Bridge Accelerator (TBXL), a binational program that expands the participation of local companies as suppliers of large manufacturers and maquiladoras. They are now part of the second cohort of TBXL and are looking to solve problems with innovation. Apply to the next generation of The Bridge Accelerator!
Insights has a lot of experience working with clients like Delphi, Bosch, Johnson & Johnson and even Applebee’s. This company has noticed that manufacturing plants have had money leaks in similar areas such as turnover & absenteeism, overtime, efficiency and safety.
Do you share these pains?
Big Data for Problem Solving
Insights has a peculiar vision statement for their business plan. Unlike many other companies, they’re not looking for clients or investors, they’re looking for successful partnerships that want to use big data to solve their manufacturing industry problems.
So, you have two options. The first one is to continue watching how the data in your fridge goes stale and leave the money leaks unattended. The other option is to take advantage of the big data and start using self-learning algorithms and predictive models to generate big savings for your company.
Insights reduces recurrent costs up to 51% with average savings of 400k USD per year. Look at some of the savings they’ve manage to secure for businesses in diverse industries.
They even created a predictive safety Key Performance Indicator (KPI) for small, medium and large plants in 4 continents for global automotive companies.
If you’re still considering, notice that a very hefty plus of Insights is the option of success fee, where the company pays based on the savings that are generated.
That’s amazing.
Schedule a meeting and talk to an Insights executive, you will not regret it!
