With so much hype around big data and confusion about how to proceed, Nuevora's nBAM™ framework can go a long way in helping companies connect the right dots.
San Francisco, CA (PRWEB) August 12, 2013
Nuevora, a leading big data analytics solutions provider, announced today that its nBAAP™ (Big Data Analytics & Apps Platform) analytics apps suite will form the basis of its new nBAM™ (Big Data & Analytics Maturity) Assessment Framework. Nuevora's analytics solutions have been instrumental in helping some of the leading Fortune 500 firms successfully predict and monetize significant revenue generating opportunities across all stages of customer life cycle.
Now, organizations can leverage nBAM™ Assessment early on in their strategic planning process to develop a tactical roadmap for monetizing opportunities hidden in their data. Using big data and analytics as a driver towards operational excellence has in the past been problematic, with significant cost, lengthy implementations, and high failure rates. Organizations generally tap into analytics as isolated and one-off projects which provide insights that are either not actionable or have limited shelf-life with no impact on business process innovation. For the first time in the industry, Nuevora's nBAM™ will guide organizations in developing predictive insights that are logically connected to optimize a series of business outcomes on a continual basis along a defined business process.
"Our new nBAM™ Assessment presents our customers with a detailed and actionable roadmap to achieving market leadership via operational excellence,” said Phani Nagarjuna, CEO of Nuevora. “Starting with a definition of corporate objectives and goals, nBAM™ develops a blue print of client's current capabilities and details a customized big data roadmap that outlines key gaps and the required processes and capabilities needed to achieve the desired goal."
A key value in the nBAM™ Assessment is that it quickly highlights how Nuevora's methodology can drive value on a continual basis. "The nBAM™ Assessment is designed to gain a thorough understanding of the client's very essence. It's like understanding the 'God particle' of your business, which underlies everything that makes it function at every level. The result is a deeper understanding of a client’s maturity level in driving big data analytics based competitive advantage as defined by multiple nBAM™ stages, and how to progress through them to the level of corporate perfection we call 'Nirvana.'"
"Organizations seeking to achieve this level of corporate 'Nirvana' have a deeper understanding of their customers, greater confidence in their decisions, and the ability to respond quickly to changing conditions," added Nagarjuna. By outlining five key stages of maturity on the continuum of big data analytics based innovation and an ideal understanding of client needs, Nuevora's nBAM™ Assessment becomes essential in helping an organization progress, achieve operational excellence, and attain market leadership. "Most big data approaches deliver only a superficial understanding of customer wants, needs, and trends," said Nagarjuna. “Our nBAM™ framework goes several levels deeper, and connects the dots to achieving business process innovation." Stage I is typical of a siloed organization with inconsistent results, while Stage V represents an organization that is highly focused on the customer, and has built an analytics environment with input that is constantly updated and analyzed in real time, in response to changing conditions.
The ability to analyze in real time adds a true "real world" component to what is often incorrectly seen as only theoretical. Nuevora's nBAM™ Assessment adds real meaning to big data, with connected insights and measurable results.
According to Alan Radding, Technology Research Director at Independent Assessment, “With so much hype around big data and confusion about how to proceed, Nuevora's nBAM™ framework can go a long way in helping companies connect the right dots.”
Organizations can now take advantage of nBAM™ Assessment Framework to blue print their ideal big data journey and leverage Nuevora’s proven nBAAP™ analytics apps suite to operationalize their road map without significant investments into big data infrastructure, talent or timeframes.
About Nuevora
Nuevora is a unique Big Data analytics solutions provider that helps leading organizations achieve positive, high-impact business outcomes through the delivery of continuous and context-sensitive predictive insights. Nuevora’s analytics platform enables faster, scalable, and intuitive development and application of predictive insights by business users. Nuevora’s solutions are built as dynamic predictive apps targeted to optimize specific business problems across the entire customer life cycle. Leveraging a combination of data science, predictive algorithms, and big data technologies, Nuevora’s strong team of data scientists and consultants help organizations implement smarter decisions across entire customer life cycle. The company works with some of the leading corporations in retail, financial services, insurance, high-technology, travel services, and other industries. Nuevora is headquartered in the Bay Area, CA. Visit our website at http://www.nuevora.com .
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Media Contact:
David Schutzman
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