CIOTechOutlook >> Magazine >> November - 2013 issue

Invenio: Enhancing Market Share in Big Data and Data Discovery Space

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Most companies are evolving new approaches to secure a greater share of the market and improve on customer stickiness. These new approaches are being defined by the relevant information that is extractable from the data. The approaches are built around leveraging data and new technologies that help understand the customer and market better as well as create very high levels of customer loyalty. Companies now realize that there is an abundance of data that they can access. The data resides not just in the old transactional databases but in the social media space as well. The key to success therefore lies in being able to mine this data and analyze it meaningfully to help business.

Invenio Business Solutions, headquartered in UK with Mumbai as the regional headquarter, is successfully tapping the potential of new forces like Analytics, CRM, Social Media and Mobility to deliver business benefits that differentiate companies in today's crowded market place. Invenio defines designs and delivers technology based business solutions. It provides a complete set of services based on its domain and business expertise and strategic alliance with leading technology providers. Its span of services include SAP Implementation, Application Consulting, Application Management, Customized Software Development and Integration Services.

Today, enterprises are not looking to just buy a solution package but to strengthen the ability of delivering solution to the customers, deciding faster and scaling up better. Invenio incorporates many innovative practices to enable its clients to add value to their products and services. The company minimizes IT support costs by empowering end users to easily create and modify their own reports. Invenio tracks key performance indicators (KPI)and summary data. Information is distributed securely across organizations. Printable records are built for operational efficiency.The company focuses on data discovery and data mining mechanism to get maximum insight from the data.For hardware as well as data models, Invenio aims at re-usability and proper utilization of resources with maximum efficiency.

Invenio is helping its clients in the Business Intelligence market through various services. The company implements BI solutions and provides support for existing BI landscapes. It also provides BI corporate trainings and is an empanelled SAP partner for Analytics (BI Solutions) education. Invenio has expertise in Data Cleansing, Master Data Management and Logical Data Modeling. The company is eyeing on the HANA Technology enabled BI solutions as a future prospect and plans to increase its activity in Big Data and Data Discovery spaces.

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