KUALA LUMPUR, Feb 15 (Bernama) -- Quantexa, a global data and analytics software company has published The Total Economic Impact of The Quantexa Decision Intelligence Platform study, providing business value justification analysis to help organisations understand the financial impact of their technology investment.
According to Quantexa in a statement, organisations need a trusted data foundation to enable effective decisions that allow them to operate efficiently, plan for the future, and grow.
Yet many organisations continue to struggle with a lack of a single customer view, duplicated records, inefficient processes, and ineffective results.
A Global Head of Financial Crime Detection, Financial Services customer stated that: “Quantexa provides us the ability to source and fuse data in a flexible and scalable ecosystem and it provides a multi-dimensional view of the customer almost in real time.”
Quantexa commissioned Forrester Consulting to interview six customers in data-related leadership roles across banking, telecommunications, and the public sector to examine the potential return on investment and other benefits enterprises can realise with Decision Intelligence.
In this case, the study outlines a breakdown of the quantitative and qualitative benefits, potential financial impacts, and associated risks of implementing Quantexa’s Decision Intelligence Platform for a composite organisation based on the interviewed customers.
Customer benefits included three-year 228 per cent return on investment (ROI); payback period less than eight months; and estimated US$34.8 million net present value in customer benefits over three years.(US$1=RM4.78)
Using the latest advancements in big data and artificial intelligence, Quantexa’s Decision Intelligence platform uncovers hidden risk and new opportunities by providing a contextual, connected view of internal and external data in a single place.
-- BERNAMA
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