IBM Case Studies Destiny Corporation: Helping banking, insurance and retail clients cut analytics run-times from hours to minutes

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	Destiny Corporation: Helping banking, insurance and retail clients cut analytics run-times from hours to minutes IBM

Destiny Corporation: Helping banking, insurance and retail clients cut analytics run-times from hours to minutes

IBM

Technology Category	Analytics & Modeling - Real Time Analytics Platform as a Service (PaaS) - Data Management Platforms
Applicable Industries	Retail
Applicable Functions	Business Operation
Use Cases	Real-Time Location System (RTLS)
Services	System Integration Training
Challenge	In the knowledge economy, speed of insight is a key competitive differentiator. Established organizations must be prepared to move as fast as their new competitors—but the critical first step is to see the right opportunities and identify the competitive threats in a timely fashion. However, existing approaches to analysis and reporting are often stuck in the age of the spreadsheet. Even where organizations have adopted data warehouses and enterprise analytics tools, the usual heavy reliance on IT specialists leaves business users frustrated at the lack of flexibility and speed in getting answers to critical business questions. Many of the clients who engage with Destiny Corporation are struggling to identify and respond appropriately to new competitive pressures because it takes them too long to gain a clear insight into opportunities and issues. Read More
About Customer	Destiny Corporation is a consulting firm that specializes in understanding each client’s business requirements and designing complete solutions to meet them. For topics such as business process optimization, analytics, and data warehousing, Destiny is the trusted, objective advisor for its clients. Destiny Corporation works with Fortune 500 companies across financial services, banking, insurance, and retail. Even at large and sophisticated companies, it is surprising to see that the approach to managing and querying large sets of data often has not moved with the times. Many of the clients who engage with Destiny Corporation are accustomed to queries that take 20 or more hours to run or to analyze smaller samples of data due to the need for immediate answers to business questions. Read More
Solution	Destiny Corporation, an IBM Premier Business Partner, has a long history of deploying IBM PureData System for Analytics solutions, formerly Netezza, for clients, using the data warehouse appliance to power deeper and faster queries on large and complex data sets. This works seamlessly with other IBM analytics software such as IBM Cognos® Analytics, IBM BigInsights® for Hadoop data services and IBM InfoSphere® Streams for real-time analytics. Beyond the outright performance benefits it offers, Destiny Corporation favors PureData System for Analytics for its simplicity, ease of management and user-friendliness for non-technical business personnel. As part of the deployment process, Destiny Corporation offers training workshops to get business users up to speed with PureData System for Analytics. Read More Log in to view content
Contents

Technology Category

Analytics & Modeling - Real Time Analytics

Platform as a Service (PaaS) - Data Management Platforms

Applicable Industries

Retail

Applicable Functions

Business Operation

Use Cases

Real-Time Location System (RTLS)

Services

System Integration

Training

Challenge

In the knowledge economy, speed of insight is a key competitive differentiator. Established organizations must be prepared to move as fast as their new competitors—but the critical first step is to see the right opportunities and identify the competitive threats in a timely fashion. However, existing approaches to analysis and reporting are often stuck in the age of the spreadsheet. Even where organizations have adopted data warehouses and enterprise analytics tools, the usual heavy reliance on IT specialists leaves business users frustrated at the lack of flexibility and speed in getting answers to critical business questions. Many of the clients who engage with Destiny Corporation are struggling to identify and respond appropriately to new competitive pressures because it takes them too long to gain a clear insight into opportunities and issues.

About Customer

Destiny Corporation is a consulting firm that specializes in understanding each client’s business requirements and designing complete solutions to meet them. For topics such as business process optimization, analytics, and data warehousing, Destiny is the trusted, objective advisor for its clients. Destiny Corporation works with Fortune 500 companies across financial services, banking, insurance, and retail. Even at large and sophisticated companies, it is surprising to see that the approach to managing and querying large sets of data often has not moved with the times. Many of the clients who engage with Destiny Corporation are accustomed to queries that take 20 or more hours to run or to analyze smaller samples of data due to the need for immediate answers to business questions.

Solution

Destiny Corporation, an IBM Premier Business Partner, has a long history of deploying IBM PureData System for Analytics solutions, formerly Netezza, for clients, using the data warehouse appliance to power deeper and faster queries on large and complex data sets. This works seamlessly with other IBM analytics software such as IBM Cognos® Analytics, IBM BigInsights® for Hadoop data services and IBM InfoSphere® Streams for real-time analytics. Beyond the outright performance benefits it offers, Destiny Corporation favors PureData System for Analytics for its simplicity, ease of management and user-friendliness for non-technical business personnel. As part of the deployment process, Destiny Corporation offers training workshops to get business users up to speed with PureData System for Analytics.

Impact #1	500x faster analytics performance delivers near real-time insight
Impact #2	Accelerated processing makes it feasible to tackle large data sets
Impact #3	Empowers knowledge workers and speeds up analysis with a business-driven solution

Impact #1

500x faster analytics performance delivers near real-time insight

Impact #2

Accelerated processing makes it feasible to tackle large data sets

Impact #3

Empowers knowledge workers and speeds up analysis with a business-driven solution

Benefit #1	Cut many critical legacy Oracle and Teradata jobs from 22 hours to just two minutes
Benefit #2	Cut the process time down from days to minutes for a banking client running a very heavy analysis job as part of the Federal CCAR (Comprehensive Capital Analysis and Review) stress-testing

Benefit #1

Cut many critical legacy Oracle and Teradata jobs from 22 hours to just two minutes

Benefit #2

Cut the process time down from days to minutes for a banking client running a very heavy analysis job as part of the Federal CCAR (Comprehensive Capital Analysis and Review) stress-testing

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Overview

Destiny Corporation: Helping banking, insurance and retail clients cut analytics run-times from hours to minutes

Operational Impact

Quantitative Benefit