Industries

Banking and Financial services:

The Banking and Financial Services industry continues to be transformed by technological innovations including those in the areas of cloud, mobility and big data. While these innovations present opportunities, banking and financial organizations are also faced with tremendous business challenges including constantly changing business dynamics, geopolitical uncertainty, risk and compliance issues as well as cost pressures.

Retail and Manufacturing:

With information being more prevalent and the modern consumer becoming increasingly market savvy, the retail and manufacturing industry is evolving at a rapid pace to serve the consumer better. While the retail and manufacturing industry has been early adopters of IT, the increasing sophistication of consumers provides compelling reasons to leverage IT to brand and capture mindshare with each consumer. Organizations are looking to optimize their supply chains, become more creative with their marketing campaigns (digital and mailers) and understand the rapidly evolving tastes of their consumers.

Healthcare:

The Pharmaceutical and Healthcare fields are experiencing rapid changes thanks to advances in science combined and emerging technologies revolutionizing the industry. Personalized medicine and patient-centric care are also pushing those domains in new directions as are strict compliance requirements and government initiatives such as the Affordable Care Act and Electronic Health Records (EHR) programs. It is critical for companies to adapt to an ever-changing environment and adopt the latest technology breakthroughs in areas such as cloud computing, mobility and big data while dealing with a significant shortage of skilled IT talent.

Energy and Utilities:

The Energy & Utility industry continues to face challenges such as evolving government regulations, growing environmental pressures. The industry is also seeing a convergence of infrastructure with IT as well as initiatives to realize energy conservation, sustainability challenges and to better understand consumers’ energy usage patterns.

Energy and Utility companies are undertaking new initiatives in Enterprise Asset Management Systems, “Smart Initiatives” (Smart Connect/ Smart Grid/ Smart Connect, etc.), Force Field planning and management, Workflow Automation and Collaboration, and Integration with HAN (Home Area Network) while tackling a variety of on-going IT and security challenges. As a result, there is a large demand for qualified professionals to help execute and implement these initiatives.

Telecom:

The demanding needs and preferences of consumers in the telecom industry have led to a faster churn-out of telecom products and services. But, factors like increasing competition, changing regulations, converging business boundaries, time-bound production schedules, and the time to market have prevented vendors from discerning exact client requirements.

While the industry has shifted from product-centric to consumer-centric operations, there still exists a gap between analyzing customers’ needs and modifying business processes to meet those unique needs. This scenario is testament to the premise that Business Intelligence (BI) integrated with traditional Client Relationship Management (CRM) solutions can create substantial profit in the existing CRM environment.

Business intelligence (BI) enables companies to make informed decisions based on available or mined data existing in different networks. We at Micronet, can assist telecom vendors in managing data revolving around consumers, through comprehensive BI and Data Warehousing (DW) solutions.