Challenge:
Our client tasked us to create a multichannel, real-time, data-driven solution to deliver highly-individualized content, amorphous by unique customer behavior patterns.
The aim was to increase sales and revenue, as well as reduce OPEX and churn. Additional challenges included attracting new customers and increasing customer interaction, while improving lifetime value.
Approach:
The focus was on replacing the legacy systems, production deployment, system operationalization, and business intelligence.
This was a huge challenge, as all parts of customer-facing, customer management systems were affected. To increase productivity, Luxoft integrated an agile environment for the daily data and query management. Team size doubled in six months and again in the following six months, which led to other predictive analytics opportunities with other client groups.
Solution:
Main solution features:
Mapped insightful behavior patterns for each customer, leveraging multiple
data-lake
repositories supporting voice, video, and HSI.
Created a recommendation engine to dynamically deliver content to hundreds of
millions of consumers, based on individual behavior patterns.
Applied event correlation and decision technology to dynamically distribute content in real time.
Deployed the solution, touching many parts of the organization and client-facing apps in the process.
Outcome:
Luxoft’s solution significantly improved the customer experience by providing far more relevant content for users. Our targeted advertising solution provides the client with: Insightful behavior patterns. Reliable, scalable, source of information on consumer behavior. Better insights for product strategy. Increased customer satisfaction by enhancing the customer experience and, thus, increasing customer engagement.
Business value: >$300m revenue increase.