Quantzig, a premier analytics solutions provider, announces the completion of its recent article that offers comprehensive insights into the growing need to adopt analytics in telecom.
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The telecom industry is one that sees a large customer base, but a customer base with dynamic needs and expectations. Talk to our analytics experts to learn how we help telcos leverage analytics to improve business efficiency.
Telecom industry players face cut-throat competition, which makes it a challenging industry. In such cases, every decision taken becomes even more crucial. It is, therefore, imperative for every telecom company to make decisions based on data-driven insights to ensure efficient and effective use of business resources. However, analytics can be instrumental in the telecom industry in many ways; some of the significant applications include improving customer satisfaction rate and increasing customer retention rates. Read the complete article to learn more: https://bit.ly/2PYWUgb
Advanced Analytics techniques, such as ML and predictive analytics, are evolving and becoming beneficial for the telecom industry by helping telcos process vast amounts of data at lower costs and efforts. Request a free proposal to know how we can help you make the most of the data that you already have.
According to Quantzig's telecom analytics experts, "Telecommunications companies are locked in a battle for dominance and can benefit from predictive analytics to launch dominant products and services."
Top Four Applications of Advanced Analytics in Telecom
From an important role in improving customer retention rates, maintaining customer records, and billing, technology is allowing telecom industry players to provide world-class services while reducing administrative costs. Advanced analytics in telecom is one such area that is witnessing a steady acceptance in the telecom sector. The growing number of applications of analytics in the telecom industry allows us to understand the future and upcoming innovations in the field of communications. The top four applications of analytics in telecom are-
- Improve customer care
- Diagnosis and recovery
- Predict the churn rate
- Develop and launching new products
At Quantzig, we believe telecom services providers need to stop considering analytics a concept from the future. Advanced analytics technologies are one of the most real-world technical innovations that can transform the complete telecom industry. Over the years, we have helped telecom providers across the globe to leverage the latest technologies like machine learning and big data to improve their services. Book a FREE solution demo to gain limited-period access to our advanced analytics platforms.
About Quantzig
Quantzig is a global analytics and advisory firm with offices in the US, UK, Canada, China, and India. For more than 15 years, we have assisted our clients across the globe with end-to-end data modeling capabilities to leverage analytics for prudent decision making. Today, our firm consists of 120+ clients, including 45 Fortune 500 companies. For more information on our engagement policies and pricing plans, visit: https://www.quantzig.com/request-for-proposal
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