Navigating the Data Maze
Addressing the Gap in Enterprise Data Strategies
87%
of companies lack a cohesive data strategy, resulting in ad-hoc data initiatives and missed opportunities for strategic insights.
79%
of senior executives report that their company struggles to effectively execute its strategic initiatives.
82%
of executives believe that their organization's strategic planning process needs improvement.
Our Approach To Data Strategy And Consulting Services
Maximize Your Data's Value
Ready to transform raw data into actionable insights and make decisions
that matter.
End-To-End Data Strategy And Consulting Solutions
Assessment & Future Roadmap
We begin by conducting a thorough assessment of your current data landscape and strategic objectives. Based on our findings, we collaboratively develop a future roadmap that aligns with your business goals and lays out a clear path for data-driven success.
- In-depth analysis of existing data infrastructure, processes, and challenges.
- Identification of opportunities for optimization and innovation.
- Development of a strategic roadmap outlining actionable steps to achieve long-term objectives.
Data Architecture
A robust data architecture forms the foundation for effective data management and utilization. Our experts work closely with your team to design and implement a tailored data architecture that meets your unique requirements.
- Designing scalable and flexible data architectures that support diverse data sources and types.
- Implementation of best practices for data governance, security, and compliance.
- Integration of custom technologies to ensure optimal performance and efficiency.
Execution Plan/Roadmap
Executing your data strategy requires careful planning and coordination. We develop a detailed execution plan and roadmap that outlines specific tasks, milestones, and timelines to ensure successful implementation.
- Breakdown of the strategic roadmap into actionable initiatives and projects.
- Assignment of roles and responsibilities to ensure accountability and alignment.
- Ongoing monitoring and evaluation to track progress and make adjustments as needed.
Success Stories
Streamlining Data Access and Analysis with Power BI for a Renowned Aviation Group
Our client, a global aviation organization with a diverse portfolio including airlines, loyalty, and travel services was facing challenges in accessing and analyzing data across departments to meet government and aviation compliance requirements. It was leading to inefficiencies and time-consuming processes. We provided the client with Power BI custom dashboard services, automated dataflow processes, and centralized data in a One-lake solution.
Business Impact
- Significant time and effort savings for cross-functional teams previously spent on manual data gathering.
- Improved compliance adherence and better-informed decision-making.
- Enhanced efficiency and agility in responding to business needs with updated dashboards and reports tailored to specific requirements.
Data Empowerment in Retail: A Multinational Retail’s Journey with Augmented Systems
A French multinational retail corporation with a global presence and thousands of stores worldwide, were facing challenges in centralizing and processing vast amounts of data generated across multiple stores, hindering timely decision-making. We developed a comprehensive Data Warehouse solution, integrating data from various sources, and implemented Azure Snowflake technology for efficient storage and analysis, while organizing structured data categories for seamless management.
Business Impact
- Streamlined data collection and processing resulting in faster decision-making processes.
- Improved visibility into store operations and performance through centralized data repository.
- Enhanced efficiency and agility in responding to market trends and customer demands.
Seamless Integration: Revolutionizing Textile Quality Management with Azure Solutions
A Hong Kong-based global alliance specializing in textile quality management solutions were using multiple systems for inspection and analysis, causing delays in strategy implementation and impacting productivity. We integrated multiple application databases into Azure Data Warehouse and automated data pipelines for improved response time and productivity, culminating in streamlined data management for the client.
Business Impact
- 80% improvement in response time to customers, enhancing customer experience
- Increased productivity with reduced manual interventions, allowing teams to focus on innovative tasks.
- Streamlined strategy implementation with real-time data access and
- visualization, leading to more effective decision-making.
Streamlining Success: Data-driven Solutions for a Leading QSR Franchise
A global leader in Quick Service Restaurants (QSRs), operating 13,500 stores across 42 countries, known for its freshly brewed coffee, donuts, and baked goods were facing challenges with disparate applications across POS, waste management, purchasing, and employee timesheets, hindering effective reporting and decision-making. We implemented a Data Warehouse solution using SSIS and SQL Server to integrate data from multiple applications. Additionally, we developed custom dashboards and reports for visualizing KPIs, billing details, and payroll calculations, while leveraging ML algorithms to predict resource planning
Business Impact
- 80% improvement in response time to customers, enhancing customer experience.
- Increased productivity with reduced manual interventions, allowing teams to focus on innovative tasks.
Unlocking Retail Success: Harnessing Data for Inventory Optimization
Our client is a leading fashion retailer in Spain with 28 stores nationwide, attracting approximately 1 million visitors annually. They struggled to track and analyze consumer behavior patterns impacting inventory management and profitability. We implemented real-time interactive dashboards for sales pattern analysis and developed a multi-tenant web app, integrating WiFi data streams to analyze consumer behavior, while utilizing Microsoft® SQL Server and Power BI technologies for seamless data integration, analysis, and visualization for the client.
Business Impact
- 26% reduction in dead stock, improving inventory turnover and reducing losses.
- 17% increase in profitability through enhanced inventory optimization and sales pattern analysis.
- 14% boost in high-margin product sales, driving overall revenue growth and profitability.
Our End-to-End Services
Data
Management
Ensure data quality, security, and compliance through best practices and solutions like MDM, PIM, and governance
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Data
Engineering
Build robust and scalable data pipelines for efficient collection, transformation, and analysis
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Data
AI Analytics
Uncover hidden insights, predict future outcomes, and personalize experiences with advanced analytics and AI/ML techniques.
Learn MoreThe Credencys Advantage
Obsessed with Data
Across industries like Retail & Consumer Goods, we are passionate about unlocking the power of data to empower your business.
Operational Agility
We pride ourselves on being nimble and flexible: from delivering quick wins to seamless integrations that help you stay one step ahead of your competition.
Partnership Approach
Our consultative and partnership approach means we're invested in your success. From implementation to company-wide adoption, we're with you every step of the way, shaping our solutions to fit your journey.
Years of expertise
Clients globally
Certified Professionals
Brands That Trust Us
Frequently Asked Questions
Data strategy refers to a plan of action designed to manage, utilize, and derive value from data assets within an organization. It’s crucial because it helps businesses make informed decisions, gain competitive advantages, make decisions, and drive innovation based on data insights.
Key components of a successful data strategy include defining clear business objectives, establishing data governance policies, ensuring data quality and integrity, implementing robust data infrastructure and technology solutions, fostering a data-driven culture within the organization, and continuously monitoring and adapting the strategy to evolving business needs and technological advancements.
If your business struggles with challenges such as inefficient data management, lack of insights for decision-making, poor data quality, inability to leverage data for innovation or competitive advantage, or if you’re embarking on digital transformation initiatives, it’s likely time to consider developing a comprehensive data strategy.
The timeline for developing and implementing a data strategy can vary depending on factors such as the size and complexity of the organization, existing data infrastructure and capabilities, the scope of the strategy, and stakeholder alignment.
Send us a Message
Credencys Solutions is a data management solutions provider tailored to the unique needs of retail & consumer goods brands and manufacturing businesses. Widely regarded as a trusted advisor and strategic partner, the company has 15+ years of proven success in implementing cutting-edge PIM & MDM solutions that empower businesses to harness the full power of their data.
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