AnswerRocket Case Studies Igniting Business with Data Analytics

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	Igniting Business with Data Analytics AnswerRocket

Igniting Business with Data Analytics

AnswerRocket

Technology Category	Analytics & Modeling - Real Time Analytics
Applicable Industries	Electronics
Applicable Functions	Business Operation Sales & Marketing
Use Cases	Predictive Replenishment Real-Time Location System (RTLS)
Services	Data Science Services
Challenge	SnapAV, a global supplier of electronic equipment, was facing a challenge with their business intelligence methods. The process of studying an aspect of their business required the involvement of a technical analyst, which could take hours or even days. This was a significant hindrance to the company's culture of curiosity and continuous improvement. The delay in obtaining insights often discouraged team members from asking questions, as they were unsure if the payoff would be worth the wait. Read More
About Customer	SnapAV is a global supplier with $200M in revenue. The company sells electronic equipment to custom A/V professionals. The company is led by President Adam Levy, who encourages a culture of curiosity within the team. The company is always exploring ways to improve their performance. However, their business intelligence methods were proving to be a challenge, as it required the involvement of a technical analyst to study any aspect of their business. This often resulted in delays, discouraging team members from asking questions due to uncertainty about the payoff. Read More
Solution	SnapAV implemented AnswerRocket, a data analytics solution, for their category managers, marketing, and finance groups. The solution was integrated with over 2G of data from their SAP system. The implementation process was swift, taking only three weeks from kickoff to launch. With AnswerRocket, 80 – 90% of data requests could now be answered in seconds by the business experts themselves. This allowed for immediate insights whenever a question or idea arose. The solution's user-friendly interface and search-like experience made analytics easy and accessible for the team. Read More Log in to view content
Contents

Technology Category

Analytics & Modeling - Real Time Analytics

Applicable Industries

Electronics

Applicable Functions

Business Operation

Sales & Marketing

Use Cases

Predictive Replenishment

Real-Time Location System (RTLS)

Services

Data Science Services

Challenge

SnapAV, a global supplier of electronic equipment, was facing a challenge with their business intelligence methods. The process of studying an aspect of their business required the involvement of a technical analyst, which could take hours or even days. This was a significant hindrance to the company's culture of curiosity and continuous improvement. The delay in obtaining insights often discouraged team members from asking questions, as they were unsure if the payoff would be worth the wait.

About Customer

SnapAV is a global supplier with $200M in revenue. The company sells electronic equipment to custom A/V professionals. The company is led by President Adam Levy, who encourages a culture of curiosity within the team. The company is always exploring ways to improve their performance. However, their business intelligence methods were proving to be a challenge, as it required the involvement of a technical analyst to study any aspect of their business. This often resulted in delays, discouraging team members from asking questions due to uncertainty about the payoff.

Solution

SnapAV implemented AnswerRocket, a data analytics solution, for their category managers, marketing, and finance groups. The solution was integrated with over 2G of data from their SAP system. The implementation process was swift, taking only three weeks from kickoff to launch. With AnswerRocket, 80 – 90% of data requests could now be answered in seconds by the business experts themselves. This allowed for immediate insights whenever a question or idea arose. The solution's user-friendly interface and search-like experience made analytics easy and accessible for the team.

Impact #1	With AnswerRocket, SnapAV was able to answer 80 – 90% of data requests in seconds, saving significant time.
Impact #2	The solution enabled business experts to answer their own questions, promoting a culture of curiosity and continuous improvement.
Impact #3	AnswerRocket helped SnapAV identify and act on sizeable revenue opportunities.

Impact #1

With AnswerRocket, SnapAV was able to answer 80 – 90% of data requests in seconds, saving significant time.

Impact #2

The solution enabled business experts to answer their own questions, promoting a culture of curiosity and continuous improvement.

Impact #3

AnswerRocket helped SnapAV identify and act on sizeable revenue opportunities.

Benefit #1	SnapAV developed a program that is projected to drive an additional $1 million in revenue this year.

Benefit #1

SnapAV developed a program that is projected to drive an additional $1 million in revenue this year.

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Overview

Igniting Business with Data Analytics

Operational Impact

Quantitative Benefit