Provectus
Case Studies
Real-Time Data Analytics and Machine Learning Accelerate Business Growth for TripActions
Overview
Real-Time Data Analytics and Machine Learning Accelerate Business Growth for TripActionsProvectus |
Analytics & Modeling - Machine Learning Analytics & Modeling - Real Time Analytics | |
Education Equipment & Machinery | |
Predictive Maintenance Real-Time Location System (RTLS) | |
Data Science Services | |
Operational Impact
The implementation of the new real-time data streaming solution allowed TripActions to accelerate its month over month business growth by more than 30%. The company saw an 80% reduction in total cost of ownership and was able to shorten release cycles for its data analytics project by 12x. More than 200 data products now power TripActions day-to-day decisions and operations. Key features of the TripActions platform, such as personalized traveler experience, proactive 24/7 customer support, and enterprise reporting, are deployed on the streaming data platform and contribute to TripActions’ business growth. | |
Quantitative Benefit
Monthly business growth increased by 30% | |
Total cost of ownership reduced by 80% | |
Release cycles for data analytics projects shortened by 12x | |