How BTC Enabled data-driven decisions with reduced cost of operations for a Leading Bank in Pakistan.
One of the biggest banks in Pakistan had a proprietary data warehouse solution that was costing them millions in licenses. They required a roadmap and a team of consultants that could take them through their analytical journey at a reduced cost of operations and a greater impact.
What did we do?
As part of the business decision to reduce operations cost the bank decided to sunset their data warehouse and migrate the data into a Hadoop based analytical eco-system designed and implemented by Blutech.
The bank with Blutech Consulting not only migrated the data successfully into a big data platform but now has increased operational efficiency of the bank with a BI solution along with driving revenue through advanced analytics use cases.
The bank has reduced the cost of running an analytical platform by 70%, the increased operational efficiency of the bank via business intelligence has enabled executives to take data driven business decisions.
Through predictive analytics we have reduced customer churn of the bank by 33% in just one year.