CIOTechOutlook >> Magazine >> October - 2014 issue

TechDemocracy: Producing Functional Outcomes and Generating Value in Business Intelligence

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Today, analytics and business intelligence consumers are looking for solutions which mould data access and data analysis into a self-service affair. Under these circumstances, building a multi-featured BI tool which is not easy-to-use is definitely not going to solve the problem. TechDemocracy, headquartered in New Jersey, aims at improving business and operational efficiency by providing value to the end organizations through producing functional outcomes. The company operates in India as Cotelligent India, with its headquarters in Hyderabad. It leverages Oracle’s Business Intelligence Solution to deliver a ground-breaking user experience and progresses ahead of conventional business intelligence with reliable, accurate data, scenario modeling, real-time monitoring and predictive analytics. Serving customers worldwide, the company has deep domain knowledge and in-depth industry experience in public sector, utilities, financials, healthcare, pharmaceuticals, manufacturing, insurance and retail.
“Business solution first, products next is the mantra of our BI team. We have consistently spent our time and efforts to ensure there is productivity and operational efficiency derived by providing the right analytics/intelligence solutions,” says Esesve Digumarthi, Director Business development – APAC & EMEA, and TechDemocracy. The company’s expertise in Oracle’s Exalytics based solutions provides the competitive edge making the solution work faster and efficient. Its ability to fine-tune the technical implementations offers value to the functional ideas. Having huge experience in delivering proficient BI solutions for diverse industry segments like Telecom, Supply Chain Management, BFSI, Healthcare and Life Sciences; TechDemocracy comprehends that the accuracy of the output is highly dependent on the amount of data successfully processed with the right formulae. The company hence makes sure that the data is evaluated at real time and the results are faster.
One case in point which proves the prowess of TechDemocracy in providing valuable business intelligence solution is wherein it helped a mutual fund company to enhance its investment and multiply profit. There are multiple fund managers who have manage client funds and are tasked with investing them to ensure high returns, in order to perform this activity, they need to take their inputs from different reports generated by various analysts. The fund managers of the client company used to study the reports and arrive at concrete investment conclusions. Once reviewed, a portion of the funds was invested, the review process was a long and tedious time consuming activity.
TechDemocracy provided a unique solution to the customer wherein the solutions could compile all the inputs / reports and allow relatively inexperienced fund managers to take qualitative investment decisions which in turn would maximize profits.
In the near future, TechDemocracy wishes to be a highly impeccable and innovative solution provider, instead of being a generic services provider. “Multiple customers are welcoming our expertise in the areas of Security, Interoperability, BI, Engineered Systems and other domains in multiple countries. We wish to expand our global footprint to the APAC countries very soon and be an innovative solution provider in the focused verticals,” concludes Digumarthi.

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