Blu Cocoon Digital

What is
Analytics & Intelligence?

A substantial quantity of knowledge generated from various sources i.e., processes, employees, and customers will leave businesses swamped if it is not managed and leveraged strategically. Firms that may extract accurate insights by correlating such knowledge can optimize their operations at a larger scale, thus achieving improved business performance and productivity levels.

Data Analytics (DA) is a broader umbrella that includes Business Analytics but also sometimes incorrectly referred to as Business Intelligence (BI). Business Intelligence refers to the Information required to enhance and improve business decision-making abilities. Business intelligence (BI) is the process of collecting, storing, and analyzing data from business operations. This process provides comprehensive business metrics, to support decision making. You can use this information to create benchmarks, spot trends, increase compliance, and identify and improve aspects of your business that need attention.

Data Analytics (DA) refers to the practice of using your company’s data to anticipate trends and outcomes. DA in includes data mining, statistical analysis, and predictive modeling that help make more informed decisions. The major difference between BI and DA is the questions they answer. DA focuses on predictive analytics and BI focusses on descriptive analysis.

Why use
Analytics and Intelligence?

In the modern digital age, the customer needs are dynamic and changing rapidly. It is a necessity to quickly identify if the customer needs have changed. For this you need data, and a means and method to process this data into actionable insights which is basically identifying the most relevant needs of your customers. This is where Data Analytics, Business Analytics, Business Intelligence can help.

Some of the use cases that has helped our customers include:

Keeping you on budget: If you are like most small companies, your marketing budget is tight. Using business analytics helps you maximize every dollar by helping you get to know your customers better, anticipate their ever-changing needs, get an edge on the competition, and bring innovative ideas and products to the marketplace.
Better decision making: Not sure how to use your marketing budget? Or which keywords are most effective? What about predicting your biggest sellers over the holiday season? Business analytics uses data inform decisions and improve accuracy, efficiency, and response time.
The ability to measure accomplishments against overall goals: Business analytics gives you a clearer image of goals and objectives. By using data visualization, businesses can track their current and past performance against key performance indicators (KPIs), goals and objectives.
Staying in the know: Business owners and marketers can use analytics to track trends, customer behavior and market shifts. This data will allow you to keep on top of things and make changes dynamically when and if supporting data indicates it is time.
Building efficiency: Nowadays, the speed at which businesses can garner data is lightning fast. Thanks to business analytics, you can identify any breakdown in process or performance in almost real-time, saving time, money, and resources.

Our
Solution

At Blu Cocoon, our technology solution experts provide comprehensive technology solutions that are precision-built to your enterprise’s unique needs and mission. Helping to explore, deploy, and manage innovative systems that address your requirements in Custom Apps, Integrations, Legacy Modernization, Business Analytics, Artificial Intelligence etc. designed for specific business units or for the enterprise

Browse our solutions

Conducting a Company analysis

This step includes breaking the ice and meeting with the key personnel within your organization. The purpose of the meetings is to collect data requirements of all the relevant stakeholders including the top management, IT department, business consultants, and support departments.

Business analysis

Once all the data requirement has been documented the next step is to develop a project implementation plan. This will include identifying the business objectives, setting up the KPIs, laying down the deliverables, designing an implementation and user adoption plan, and allocating the resources.

Dashboard design and Development

The layouts are designed in a way where data is displayed in an effective manner. In addition, the team develops a centralized BI system and ensures the ETL process is smooth. This step also includes setting up data security protocols and data quality management systems.

Implementation & User training

User testing is conducted to analyze the solution and identify any missing gaps. Once the testing is done, our team ensures the solution is deployed in a seamless manner so that existing systems and operations are not disrupted. Following the deployment process, we conduct training sessions with the relevant teams within the organization. Once the training is complete the users will be able to the BI solution in an effective manner.

Post Deployment Support

After the deployment of our BI solution, the next step is to monitor the systems closely and ensure it is working at the optimum capacity. Our team will be available to deal with any unforeseen situation and provide post-deployment services as per your need.

Faqs

Frequently asked questions about our business plans

Why should I engage an Offshore company for my Digital needs? What is the value that I gain?

According to a study by Gartner, more than £750 billion a year is spent worldwide on IT outsourcing. The magnitude of the amount spent shows how companies are eager to engage an offshore company for IT solutions. Firstly, developing an IT infrastructure needs a lot of capital, once companies outsource the essential operations, they cut down their costs adding on to their profitability. Secondly, IT outsourcing allows companies to gain a broader pool of talented people skilled to complete their tasks efficiently. Other benefits of IT outsourcing include more flexibility and getting the job done at a faster pace.

Why should I pay attention to Digital Transformation?

As per Dell’s Digital Transformation Index, eight in ten organizations fast-tracked their digital transformation programs in 2020. With rapidly changing technology landscape coupled with the current pandemic, businesses now more than ever, are facing the need to embrace innovative ways to remain competitive. Companies that are more open to change will have a better chance to cut their costs, enhance efficiency, create customer-centric products, and ultimately beat the competition.

What is a Low Code application platform? Why should I look at the Microsoft Power Platform?

Low-code application platform provides a visual approach to software development. It allows you to design products rapidly and helps in automating every step of the development process. One of the biggest advantages of using low code application platform is that instead of relying solely on hardcore programmers it also allows more people to be involved in the development process. Gartner has predicted that the low-code application platform will be responsible for more than 65% of application development activity by 2024. Talking about Microsoft Power Platform, Gartner has recognized Microsoft as a Leader in the Enterprise Low-Code Application Platforms Magic Quadrant. It is a low-code, high productivity application platform that allows developers to design their products cost-effectively and rapidly. With Microsoft Power Platform, among other benefits, you can build apps for the web and mobile without code. In addition, it can help you connect to 280+ data sources across Microsoft and provide you the option to customize and extend Office 365, and Dynamics 365.

The Confidentiality and IP concerns with Offshore teams?

While outsourcing, the biggest concern a client has is the protection of their intellectual rights. To counter any concerns, we at Blu Cocoon have a strong security protocols and proper NDA (Non-Disclosure Agreement) in place. Moreover, we also install technical safeguards and provide appropriate clearance access to our employees based on seniority and their role in each project.

Why should I engage with BluCocoon?

We at Blu Cocoon have invested a lot of time and efforts in building an employee first culture. Our friendly work environment coupled with performance-based structure helps us to attract and retain the best talent available. In addition, being a learning organization, we believe in the concept of continuous improvement; our focus is to ensure self-development across the entire organization. This helps us to keep challenging ourselves and stay competitive in the changing technological world.

What are the services you provide?

We offer a plethora of services to our clients. Some of them include Custom App Integration, BI and Data Analytics, Artificial Intelligence and Machine Learning, Legacy Modernization and Cloud Deployment. Through these services we have helped our partners in New Product Introduction, Food substitution, Farmers Communication Portal, developing Unified Document Management system, Lab Information management system, AI Enabled Demand Forecasting system, AI enabled Research Data management system, Product Launch Accelerator system and AI Enabled Human Resource Management system.

Can my software be upgraded in the future with new technology?

Absolutely. Depending on the nature of product, we develop solutions keeping in view the future technological advancements and client’s need to scale the existing solution.

Do you offer post deployment services?

Yes, once the product is tested and deployed within your organization, our team is always available to check for any bugs and to provide maintenance service.

BI & Data Analytics

Tell your business users exactly what they need to know using advanced analytics and visualizations, help them improve sales and reduce costs

What is
Analytics & Intelligence?

Why use
Analytics and Intelligence?

Our
Solution