In this report, there is a deep
analysis of the Big data analytics usage of Maxhub that is a new
telecommunication company. Maxhub Big data analytics allows forecasting usage of a network so that they can
take actions to release congestion. It helps to identify clienteles who have a
lot of problems related to paying bills and also those who about to modify
operators, therefore exacerbating agitate.
In this report, there is an analysis of the new company Big data have an
impact on companies’ business. In the Maxhub, the use of Big Data can also help in gathering
information regarding customer satisfaction in the real-time by using social
media Customer Voice analysis. Big data produces new potentials as far as the
customer's segmentation is the concern. This report also discusses the porter’s value chain analysis and Porter's five forces analysis of the Maxhub
big data analytics.
Introduction of Vodafone Big Data Analysis
The Maxhub is a new company in telecommunications industry that is willing to exclude
disorganizations from its enormous buying operations, and in doing so it turned
to analytics of big data process. Maxhub would offers a variety of facilities in their mobile devices
for example messaging, voice, fixed and data communications. The Maxhub mobile will based in Australian and operates
in 26 countries all-around the world, has partnership with mobile networks in forty-nine
secure broadband operations in seventeen marketplaces. To support its
customers, Maxhub depends
on a series of services and equipment from suppliers internationally. The big
data team of the Vodafone installed software Celonis Process Mining from Celonis,
a software company in German. The process mining software of the vendor is also
a kind of data mining that can examine the internal operations of the business depending
on event logs (Chandler, 2015).
The process of source-to-pay, liable for procurement
activities management in Maxhub Company, now heavily depend on big data technology to recognize process deviations
and gaps from usual procedures., the Maxhub would arrange a process of the big data analytics team in
source-to-pay to the emphasis on excellence of the business and making the perfect
order for their purchase. The key objective was to rapidly govern where deviations
and inefficiencies are driving up delivery times or costs (ChangLiu,
ChiYang, XuyunZhang, & JinjunChen, 2015).
The Maxhub telecommunication company required big data analytics directed in real
time with 100 percent transparency their mobile users, so there will be only “one version of the truth.” It is one of the inspirations that drove the corporation
to influence the big data analytics process was absolute volume of its operations
purchasing. The Maxhub Company
would expected to yearly manage about 800,000 orders, 40 million assets and 5
million invoices. So it can be said that the Maxhub Big data analytics, for example, Maxhub
would allow forecasting usage of
network so that they can take actions to release congestion. It helps to identify
clienteles who have a lot of problems related to paying bills and also those who
about to modify operators, therefore exacerbating agitate. In this report, there is an analysis of the Maxhub
using Big data have an impact on
companies’ business (El-Gayar & Timsina, 2014).
Big Data Opportunities of Vodafone Big Data
Analysis
As far as the Big data strategy is concern, Vodafone has
benefited over others because of absolute depth and breadth of data it gathers
in business. For instance, an operator is managing about eight million prepaid subscribers
of the mobile makes around thirty million Call Data Records on daily basis, totaling
around 11 billion records in a year. In case this operator offers fixed and postpaid
lines facilities, there are more variety and volume of data for the Vodafone
business (Zhong, Newman, Huang, & Lan,
2016).
There are many of the opportunities that are here for the
Vodafone company to make its business more credible by using the big data
analytics.
Marketing
effectiveness of Vodafone Big Data Analysis
the Big Data analytics support the business of Vodafone to
develop their effectiveness of the marketing by using different methods. Modified,
related actions may be taken depending on the real-time data without waiting
for manual or extraction data mining. The overall performance of the targeted
campaign can be rationalized by using the innovative big data analytical
models, for example, churn forecast or next finest offer by the company. These are
said to be the models that provides valuable practical insights of the customer
that can be used for up-sell, retention campaigns or cross-sell, depending on examination
of customer's behavior and preferences (Wang, Kung, & Byrd, 2016).
Customer
experience of Vodafone Big Data Analysis
In the Vodafone,
the use of Big Data can also help in gathering the information regarding customer
satisfaction in the real-time by using social media Customer Voice analysis,
for example. To address complaints of the customer, this can be done at
customer level, or at whole level of subscriber to identify themes of the macro
customer. Some of the operatives can get a response regarding a launch of new Vodafone
product, an announcement about brand, or issue of network. The Vodafone also have the opportunity to use
the Big Data by facilitating the evolution to improved self-service systems. Additionally,
big data analytical models, for example, segmentation, can help to improve the
overall experience of the customer by recognizing the most valued customers of
the company who would advantage from devoted action and better facilities.
Revenue
impact of Vodafone Big Data Analysis
there are a lot of
opportunities for the Vodafone Company if the operators gain expertise in using
big data analytics as it can be used to make new and innovative products. The operators
in the Vodafone can use big data knowledge they likely to support B2B clients while
addressing their challenges related to Big Data. The Vodafone can also do partnerships with
third parties to segment subscriber-level data or aggregate. For instance, some
of the Vodafone retailers may have interest in the operator's data based in location,
it would also help the company to target their customers with specific
promotions while they are nearby the retailing outlet of the company. Some of
the top players such as Skype, Netflix and Google may have interest in target
consumer’s behavioral data with specific content. These are some of Vodafone
big data opportunities hold potential, but there are also a lot of ethical,
reputational and legal effects of initiatives related with Big Data analytics (Wang, Kung,
& Byrd, 2016).
Technology of Vodafone Big Data Analysis
Analyzing and
processing the Vodafone Big Data is allowed by a lot of technical platforms
used by the company. Though, these are the technologies that should provide
counterpart strategies of Big Data. The Vodafone in the future can use the Complex
Event Processing that would offer the influential processing engines, used for analyzing
thousands of events in real time, supplied by short-listing actionable items and
diverse source systems depending on a predefined instruction.
Value Creation using Big Data of Vodafone Big Data
Analysis
The Vodafone also using the big data analytics, to make
their product more compatible with the demands of the customers. The Vodafone big
data analytics also helped to examine the behavior of their customer and recognize
groups of customer though the product is at promising stage. Big data analytics
of the Vodafone also offers a lot of information to other businesses, private and
public. The Big data analytics in the Vodafone help to find the customers opinions
by examining the data from the social media and his experience in Vodafone by using
data from the self-care channels.
There are five values that are created in Vodafone by
using big data analytics. Firstly, the Vodafone big data analytics let the data
in the organization to be transparent. In this way, the data of the organization
becomes available to the targeted customers and produces a mutual understanding
among and company’s consumers. Secondly, the Big data allows the investigation in
Vodafone that helps to determine demands in companies. Thirdly, the Big data produces
new potentials as far as the customer's segmentation is concern. The fourth Big
data value added in the Vodafone is from automated systems that formed while acquiring
more information about how to work. Lastly, Big data allows businesses to revolutionize
and produce new products using more innovative methods.
The Four big data business drivers are as follow of Vodafone Big Data Analysis
Few steps can include access to Vodafone big data
analytics internal as well as the external transactional data; however, the
internal data include the service records, consumer comments, the work orders,
etc. moreover, external data include the blogs, newsfeeds, social media,
mobile, etc. In the organization, there is also a need to follow the most
strategic nouns regarding the wind turbines, students, products, campaigns
customers, ATMs, etc.
Vodafone big data analytics focus on integrated
predictive analytics can also be a good practice because it includes the uncover
insight; including the 50 to 70 dimensions as well as hundreds of metrics.
Transnational data of Vodafone big data analytics need to
be evaluated overall; as there is need to focus on the overly expensive data in
the warehouse which is from the past 10 to 15 and include all the customer
transaction; aggregated data stored should not only be evaluated after 13
months. Thus, telephone calls, sales, records, sales returns, payments, and
claims need to be concerned.
In Vodafone big data analytics there is focus to get
immediate awareness regarding the real-time data access and analysis so that
faster decisions and actions can be taken against the based services, fraud
detection, location, etc.
Porter’s
Value Chain Analysis of Vodafone Big Data Analysis
For the
porter’s value chain analysis in the
Vodafone by using the big data analytics there is need to focus on the micro
level decomposition models in the telecommunication and for the industry level
peer-to-peer communications as well as primary activities, disseminating
inputs, inventory control, value network, receiving, storing, transportation
scheduling is also required (Kambatla, Kollias, Kumar, &
Grama, 2014).
Primary Activities
of
Vodafone Big Data Analysis
Inbound
Logistics of Vodafone Big Data Analysis
in Vodafone big data analytics the activities linked with storing,
disseminating and receiving inputs to product. It includes storing, receiving, transportation
scheduling, inventory control.
Production of Vodafone Big Data Analysis
in Vodafone Company the use of big
data include packaging, machining, equipment maintenance, testing, assembly, and
other activities for creating value that effectively transforms the inputs of
the production into final product.
Outbound
Logistics of Vodafone Big Data Analysis
in the Vodafone, the use of big data
optimize the activities that are needed to get the final product to the
customers: it includes order
fulfillment, warehousing, distribution management and transportation.
Marketing
and Sales activities of Vodafone Big Data Analysis
the big data analytics use in Vodafone related with getting consumers
to buy the product, that includes retail management, advertising, pricing,
channel selection, selling, promotion, etc. The use of big data analytics in the Vodafone
also make the overall process of advertised more focused on the targeted
customers.
Service of Vodafone Big Data Analysis
In the Vodafone the provisioning of the
services based on the mediation nature. It includes Customer Service, manual
services and invoicing (El-Gayar & Timsina, 2014).
Support activities of Vodafone Big Data Analysis
Procurement of Vodafone Big Data Analysis
in the Vodafone, the raw materials
procurement, repairing, machines, buildings, spare parts, etc. In Vodafone, the
big data analytics also used in procurement is linked with the infrastructure
of the network and development of service and by using the big data the
procurement is planned and particular for activities (Elgendy &
Elragal, 2014).
Technology of Vodafone Big Data Analysis
the development of technology in
Vodafone includes all from the large set modification of customer agreement
terms e.g. brand new services development e.g. services voice mail. It includes
adjustment to the customer interface of the company by using the big data procedures
modification, forms and self-service interfaces of the computer.
Human
Resource Management of Vodafone Big Data Analysis
in the Vodafone
the HRM is linked with the development (education), recruiting, compensation and
retention of managers and employees. The Vodafone is using the big data to
gather knowledge about managers and employees effectively, that results in good
management of employees.
Firm
Infrastructure of Vodafone Big Data Analysis
in the Vodafone
the firm infrastructure comprises planning management, quality management,
general management, finance, legal, public affairs, accounting, etc. the big
data analytics in the Vodafone by managing the other factors, eventually improves
the infrastructure of the firm.
Porter’s Five Forces Analysis of Vodafone Big Data
Analysis
Buyer power of Vodafone Big Data Analysis
The bargaining power of buyers in Vodafone is high because
of the aggressive competition and deficiency of distinguished products. The
strong buying power efficiently decreases the prices cost in the Vodafone
though the level of its competitors. For example, Vodafone will keep making sensible
profits compared to its competitors, if it keeps using big data analytics (Loebbecke
& Picot, 2015).
Supplier power of Vodafone Big Data Analysis
The suppliers of Vodafone have high bargaining power as
company functions with greater limitations as compare with its competitors. The
Vodafone being the leader in the marketplace, market share of the Vodafone can
absorb any increments of the price from suppliers as compared with its competitors (Ba¸stug, et
al., 2016).
Threat of substitutes of Vodafone Big Data Analysis
Vodafone faces a significant threat for services and products.
The CDMA services and landline of the Vodafone are declining as the broadband
services are becoming public. On the other hand, because of the strong power of
buyer and operative scale of economies, Vodafone not required to pass the costs
recognized to replacement to their consumers (Frizzo-Barker, Chow-White,
Mozafari, & Ha, 2016).
Threat of entrants of Vodafone Big Data Analysis
The threat of new entrants for the Vodafone is relatively
low as there are a lot of barriers to entry are there. There are many of the companies
in the telecom industry wish to enter the market but the licensing fees is very
high and they have to pay the coupled by spectrum regulatory and availability issues
connected to the industry.
Industry rivalry of Vodafone Big Data Analysis
Vodafone faces tremendously high competition from its rivals
because of the low prices charged for the call rate by its contiguous
competitors. Likewise, the rivals of the Vodafone continually provide
innovative products to customers that means Vodafone has to offer the more advance
and innovative products to the customers by analyzing their demands and
behavior that is only possible by using effective big data analytics.
Conclusion on Vodafone Big Data Analysis
Summing up the discussion it can be said that the new
company Maxhub depend on
a series of services and equipment from suppliers internationally. Maxhub
arranges a process of the big
data analytics team in source-to-pay to emphasis on excellence of the business
and making the perfect order for their purchase. Maxhub Big data analytics, for example,
allows forecasting usage of network so that they can take actions to release
congestion. The overall performance of the targeted campaign can be
rationalized by using the innovative big data analytical models. The Maxhub
also have the opportunity to use
the Big Data by facilitating the evolution to improved self-service systems.
Though, these are the technologies that should provide counterpart strategies
of Big Data. The Big data analytics in the Maxhub help to find the customers opinions by
examining the data from the social media and his experience in Vodafone by
using data. In Maxhub big
data analytics there is focus to get immediate awareness regarding the
real-time data access and analysis the behavior of the customers that they are
targeting. The Maxhub is
using the big data to gather knowledge about managers and employees
effectively, that results in good management of employees. The Maxhub being leader in the marketplace,
market share of the Maxhub can
absorb any increments of the price from suppliers as compared with its
competitors by effectively using the Big data analytics.
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