Churn Analytics is used to identify the customers who are most likely to discontinue using the services / product. This is applicable horizontally across various industries like Telecom, Banking, Financial, Retail etc. Why Churn Analytics is important: As the competition among the industries is growing day by day, the cost of acquiring new customer is
Introduction to CLV Customer lifetime value (CLV) is a metric that represents the total net profit a company makes from any given customer. CLV is a projection to estimate a customer’s monetary worth to a business after factoring in the value of the relationship with a customer over time. CLV is an important metric for
SAP S/4 HANA (Business Suite for High-Performance Analytic Appliance) is a business suite offering that is built on an in-memory computing platform called SAP HANA. Previously, SAP Products are designed to run on any platform including those from Oracle, Microsoft and IBM. However, SAP S/4 HANA only runs on SAP HANA database. The offering is
Importance of Metrics Measurement has always been fundamental to the progress to any engineering discipline. Software metrics have been used in making quantitative/qualitative decisions as well as in risk assessment in software projects. Software measurement has become a key aspect of good software engineering practice. Measurement activities add value and keep us actively involved in, and
In today’s world where technology is all-encompassing, the variety and sheer volume of data available is enormous, not to mention the tremendous rate at which new data is constantly being generated, adding to the existing stockpile. The speed at which data is utilized and replaced with newer and more current data will only continue to
Gamification is finding its way into the most serious of office spaces. How is the virtual world of gaming helping to improve the efficiency of real-world companies up to and including Fortune 500 businesses? Gamification Aligns Goals in the Business When employees know their goals and receive tangible rewards for reaching them, people get on
It took a while for people to adapt to apartment culture from the good old independent houses. Just because you are sharing the infrastructure space in a high raised multi-storied building doesn’t mean that you are losing your privacy and completely dependent on other factors. Like the way gated communities have larger amenities and facilities