STRATEGY | CASE STUDY
Formulate a Data & Analytics Roadmap for Acquisition Growth Strategy
COMPANY OVERVIEW
A medical professional liability insurance company with clients and services spanning the U.S. that specializes in underwriting policies for physicians, dentists, advanced practices, clinics, and hospitals.
BUSINESS NEED
The firm looked to strategic acquisitions to bolster growth. However, acquisitions presented challenges such as consolidating the customer base, cumbersome data integration, conflicting master and reference data, and impaired data accessibility. To solve these issues—and create and extract unrealized value from old and new business operations—the firm needed a partner.
SOLUTION
Ironside’s Advisory team was called in to partner on a Data & Analytics Roadmap to chart the firm’s growth, establish enterprise-wide data governance, and create an improved data integration framework that allows new acquisitions to continue independent operations. The partnership consisted of four parts:
Find Opportunities
Identify Focus Areas
Generate Value
Revolutionize M&A Data Capabilities
KEYS TO SUCCESS
By leveraging data governance and MDM, the firm established a repeatable methodology to integrate and standardize data across multiple business lines. They were able to:
STRATEGY | CASE STUDY
Target Short List of Vendors for Enterprise Analytics
COMPANY OVERVIEW
Global asset manager with investment offices in major trading centers worldwide.
BUSINESS NEED
The company was struggling with how to unify its analytics approach, while remaining compliant with financial industry standards. With different departments gathering information in disparate ways, the existing model was not sustainable. It was imperative to identify common use cases, target a short list of vendors whose capabilities matched the use cases, and navigate the RFP and demo processes.
SOLUTION
Ironside was called in, and made it clear from the outset that system selection is about people, not just technology. The approach consisted of four steps:
Make Analytics Human
Narrow the Focus
Dig Deeper
Make the Choice
KEYS TO SUCCESS
The vendor selection process enabled the client to:
STRATEGY | CASE STUDY
Create a Strategic Data & Analytics Roadmap for Customer Behavior
COMPANY OVERVIEW
After beginning as a small start-up, a multi-channel information company grew into an organization with more than 500 employees serving 10,000+ customers. It specializes in offering expert print and online business information that helps improve job performance.
BUSINESS NEED
The company was looking to transform itself by migrating to a more advanced digital warehouse. Such a move would enable the company to gain added insights into its customers’ behaviors, and then combine the insights with detailed customer information from the web, telemarketing, and email channels to enhance its marketing efforts.
SOLUTION
Ironside was brought in to assist. Our Analytics Advisory team used a proven methodology to define the client’s strategies, goals, and use cases—and to show the client how user tasks and corporate goals translate into analytic capabilities. The overall solution featured four parts:
Maturity Matrix
Use Case Development & Roadmapping
Snowplow Proof of Concept (POC)
Digital Transformation
KEYS TO SUCCESS
Through the Data & Analytics Roadmapping initiative, our client was able to: