Using Data Like the Big Guys
Deutsche Telekom is entering the data analytics market in Germany with Teradata as its central partner. And thus for the first time: offering German medium sized companies the opportunity to analyze and use data in the same way as the world's biggest and most successful brands.
With Teradata Vantage, you can identify potential areas for improvement in your business operations. For example, you can predict demand for certain products at certain times, and optimize your warehouse management accordingly. You can even use predictive maintenance in your machinery, or optimize your supply chain. With such improvements, some businesses have recorded cost reductions of as much as 50%.
Increase your sales
You can discover patterns in buying behavior which you didn’t know existed – and capitalize on them. Plus, you’ll be able to identify potential new customers by analyzing public sources like social media, then target them with personalized offers.
Make better decisions
With clearer and more accurate insights, you can make sure you’re steering your business in the right direction. For example, you can get automatic recommendations for optimal sales prices and markdowns. Companies with tools like that can improve their overall performance by 3.75% on average – and by as much as 5.7% in highly competitive industries.
Based on Teradata Vantage, Telekom provides data analytics and helps identify potential areas for improvement in German businesses.
Are you a retailer?
With Teradata Vantage and Telekom, you can discover your customers’ up-selling and cross-selling potential. You can explore the prices they’re willing to pay for specific products, and when. In fact, the technology has allowed other retailers to achieve:
- 30% sales increase
- 25% reduction in customer churn
- 20% inventory reduction
Are you in logistics?
In logistics, every meter and every second counts, with Teradata Vantage, Telekom technology and artificial intelligence (AI) linking internal and external data, you can leverage rationalization potential, identify entirely new business areas, and:
- optimize processes
- reduce empty runs
- simplify workforce planning
- optimize pricing
Are you a manufacturer?
With Teradata Vantage and Telekom technology, you can introduce predictive maintenance into your operation. You can reduce downtime, optimize machine performance and maintenance intervals, and reduce costs by as much as 50%. Other manufacturers have:
- Reduced overall downtime
- Increased machine utilization
- Reduced changeover times