Genpact, a
global professional services firm focused on delivering digital transformation,
today announced a new strategic relationship with Sequoya, an analytics firm specializing in multi-source data modelling and
predictive analytics solutions. With this relationship, Genpact will
integrate the Sequoya 20/20 analytics platform into its analytics and digital
portfolio to optimize the trade promotion operations for its consumer packaged
goods (CPG) and life sciences client base.
CPG and life
sciences companies are under increasing pressure to optimize their return on
their investment in promotion and pricing-related activities to provide an
exceptional customer experience. Most continue to struggle to generate
the insights from data that can best determine future outcomes and generate
positive returns. To help clients leverage advanced and predictive analytics,
Genpact will augment its automation to artificial intelligence (AI)-based
Genpact Cora platform with the Sequoya 20/20 application. The net results for
clients will be the ability to generate pricing algorithms faster and more accurately,
allowing better pricing strategy and decision making. This new
relationship will also dramatically increase Genpact’s speed of
data-to-insights-to-action, leveraging both technology and a managed service
analytics center of excellence.
“Trade promotion
spending for CPG and life sciences companies has moved far beyond cost, and is
now focused on driving outcomes that create a competitive advantage, by way of
optimizing trade spend, getting better return on sales impact, improving
forecast accuracy, and providing outstanding customer service,” said
Ajay Kapoor, growth leader, CPG, Genpact. “This strategic relationship
with Sequoya allows us to better harness data flows and leverage our automation
to AI-based Genpact Cora platform along with our analytics capabilities to make
the algorithms far smarter and more real time to provide deeper insights
and a better user experience for our clients.”
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