Cognizant's nXg Device Analytics for Customer Satisfaction
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Cognizant's nXg Device Analytics for Customer Satisfaction
• Cognizant Solution Overview Cognizant’s nXg Device Analytics for Customer Satisfaction The difficulty in monitoring and analyzing data collected by devices about their overall performance often results in businesses sacrificing the opportunity to gain insights. This has created a need for an intuitive solution that has the capability of capturing data transmitted from the devices to proactively predict device failures. There is a great need for such a solution that promises reduced service disruption, increased productivity, optimized planning and maximized customer experience. nXg Device Analytics Cognizant is developing innovative business solutions based on the concept of Code Halos*, the virtual digital information that surrounds any person, device and organization. nXg Device Analytics, a sophisticated analytical product is one such initiative. Solution Overview | 2014 nXg addresses device failure prediction, helps accelerate performance efficiency and generates a holistic picture of device health and performance. It taps into the “halo” surrounding the devices to develop a near real-time insight into devices’ functional status. nXg can be customized by businesses and easily implemented. Highlights of nXg nXg is a product built on Cognizant’s proven BigDecisionsTM Business Solutions Platform. With such a robust backbone, nXg empowers businesses to: Build an end-to-end turnkey solution that captures, extracts, transforms, loads, manages, and analyzes device data to provide actionable business insights to the end user. Use specialized machine learning algorithms for predictive analytics. Capitalize on out-of-the-box BI Dashboards and Reports that enable customers perform analyses of device failures, as well as identify trends and patterns that led to device errors and crashes. Predict device failures in near real-time, which will help in determining the probability of failure and mean time between failures (MTBF). © Copyright 2014, Cognizant. All rights reserved. In today’s highly competitive environment, smooth functioning and optimum performance of the devices is critical for the success of any business operation. Failure of the devices can trigger a chain reaction causing inefficiencies. This can affect the overall organizational performance, impacting the key business drivers such as customer experience, cost, operational efficiency and revenue growth. PREDICT when and where device events and failures will occur REDUCE service disruption from unexpected device failures OPTIMIZE device inventory for superior performance Figure 1 Benefits of nXg Device Analytics Reduce Total Cost Of Operations (TCO): Reduce truck rolls and customer care calls related to device failures. Improve customer experience: Reduce device failures and other related service disruptions that are impacting customer experience. Optimize devices: Identify repeatedly occurring device failures and problem areas to assist in providing permanent resolution which will result in device optimization. Rationalize device inventory: Identify low-performing devices for inventory rationalization. * For more information, refer to Code Halos: How the Digital Lives of People, Things, and Organizations are Changing the Rules of Business, by Malcolm Frank, Paul Roehrig, Ben Pring (John Wiley & Sons). About Cognizant Enterprise Analytics Cognizant Enterprise Analytics drive tangible business benefits to every customer and shifts analytics from being cost centers to revenue centers. We future-proof visionary businesses by combining in-depth domain expertise with analytics and information management best practices that help clients optimize decisions and results. Enterprise Analytics is committed to helping clients run better through a range of integrated analytics and enterprise performance management services and solutions. We help clients run differently by grounding our services and solutions in foundational components including mobility, cloud, big data and smart data. Our end-to-end blend of business and technology solutions already reflects the future of analytics, and enables us to create transformational value through innovation and agility. For more information please send an e-mail to our global team at nXgAnalytics@cognizant.com or visit our Web site at http://www.cognizant.com/enterpriseanalytics World Headquarters European Headquarters India Operations Headquarters 500 Frank W. Burr Blvd. Teaneck, NJ 07666 USA Phone: +1 201 801 0233 Fax: +1 201 801 0243 Toll Free: +1 888 937 Email: inquiry@cognizant.com 1 Kingdom Street Paddington Central London, W26BD UK Phone: +44 (0) 207 297 7600 Fax: +44 (0) 207 121 0102 Email: infouk@cognizant.com #5/535, Old Mahabalipuram Road Okkiyam Pettai, Thoraipakkam Chennai, 600 096 India Phone: +91 (0) 44 4209 6000 Fax: +91 (0) 44 4209 6060 Email: inquiryindia@cognizant.com © Copyright 2014, Cognizant. All rights reserved. No part of this document may be reproduced, stored in a retrieval system, transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the express written permission from Cognizant. The information contained herein is subject to change without notice. All other trademarks mentioned herein are the property of their respective owners.