Ok, perhaps that’s not all that most of us would like to find under our tree this year. However, being able to use data to add value in your business – and remove the headaches that poorly managed data can bring – is the gift that keeps on giving for 2022. And if you add in AI/ML capabilities, well that’s just the shining star on top of a very abundant Christmas tree.
Festive analogies aside, next year is looking like the year that any lag, when it comes to investing in getting value from your data, is going to be painfully obvious. And we’re not just saying that as a business with an obvious vested interest in this market.
Data-driven companies beat revenue goals
The way in which data can add value to a business depends on the business but, across industries, there is a huge enthusiasm to find out just what can be done with this most vital of resources. To take a very big and prominent example, Netflix saves over $1 billion per year on customer retention using big data. According to Forbes, data driven companies are 58% more likely to beat revenue goals and one study found that a 10% increase in data usability could increase the average Fortune 1000 company’s revenue by over $2 billion. These are very tangible treats and not just mere baubles..
Our festive offerings
As is traditional in a Christmas message, we are also reflecting on the past year at Samuylov.ai – which is the first end of the year for our company. Looking back to what we have achieved during our first months of operations, we have been brought on to help manage a broad spectrum of needs at businesses across a range of different industries, including biomedical and health and wellness. Our versatile team offers more than just simple consultancy. We design data-driven solutions informed by a genuine understanding of core business issues, how an organisation can start to extract more value from data and make simple changes to upgrade an existing approach. We will work with any kind of data to help:
- Formulate key questions around goals and strategy so that you can make the right decisions
- Define and implement data collection set-ups and protocols
- Aggregate, clean and standardise data from your data sources
- Design and implement solutions to process, analyse and visualise your data
- Interpret the outcome of the developed solution and define next steps
Crucially, we take an individual approach to every challenge. If you work with us then you won’t be getting the equivalent of a generic pair of socks for Christmas. We create bespoke packages that are individually designed and wrapped up for the unique needs of your business.
Happy Christmas from Samuylov.ai!
Which leads us back to the topic of Christmas. This has been a year of growth and creation for us and, despite the challenges that have been so endemic, we hope that your business has experienced some moments of joy and expansion too.
From all the team at Samuylov.ai a very Merry Christmas and data-driven best wishes for a much more straightforward and growth-filled 2022.
