Mindtree has claimed to launch the first data analytics platform that applies continuous learning algorithms to large data pools enriching valuable insights to businesses.
Christened as Decision Moments; the platform is touted to quickly use a wide variety of data to discover and validate hypotheses for industry-specific business problems in areas such as personalization, sales and marketing operations, and business efficiency.
Powered by Microsoft Azure services and Cortana Intelligence Suite, in a cloud-native solution – The new platform is said to be preloaded with more than 20 industry-specific machine learning algorithms based on deep learning techniques to enable diagnostic, predictive and prescriptive analytics across business functions.
By leveraging an organization’s existing analytics investments, the platform simplifies the technological complexity in delivering relevant and contextual insights.
“Given the deluge of data coming in on a daily basis, speedy and agile decision making are the big differentiators in business today. Success is determined by how quickly companies can use data to gain new insights, make decisions, take action and arrive at outcomes,” said Radha R., EVP and Head of Digital Business at Mindtree. “Continuous learning is at the heart of Decision Moments, allowing companies to make agile, evidence-based decisions in areas like customer churn and retention, market mix modeling, campaign effectiveness, fraud detection, supply chain optimization, and more.”
Twenty-five industry-specific business apps in retail, consumer goods, travel, banking and insurance speed decision making with self-service business intelligence and visualization features are also said to be offered by this innovative platform.
A data store with 35 pre-built technology components for big data programs rovides secure, multi-tenant data management and auditing. More than 100 pre-populated data sets easily combine with heterogeneous proprietary and third party data to jumpstart analytical capabilities.
“Data analytics is key to the digital transformation that will drive growth, efficiency, innovation and will ultimately bring a competitive edge to today’s businesses,” said Victor Morales, Vice President, Enterprise Partners Team, Microsoft. “Mindtree’s Decision Moments, powered by Azure, allows businesses to become nimbler in capitalizing on opportunities that business data offers. With Cortana Intelligence Suite as an integral foundation for Decision Moments, companies will gain advanced analytics capabilities that help them transform their data into intelligent action, and reach their full potential in becoming digital businesses.”