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Business Change through Predictive Analytics Chandan Rajah [@ChandanRajah] Head of Group Analytics

Business Change through Predictive Analytics

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Page 1: Business Change through Predictive Analytics

Business Change through Predictive Analytics

Chandan Rajah [@ChandanRajah]Head of Group Analytics

Page 2: Business Change through Predictive Analytics

@ChandanRajah

business change

customer economy

growth disrupt

technology

Page 3: Business Change through Predictive Analytics

@ChandanRajah

predictive analytics

regression

what-if

personalisation

deep learning

Page 4: Business Change through Predictive Analytics

@ChandanRajah

road to el dorado

what

why

when

how

Page 5: Business Change through Predictive Analytics

@ChandanRajah

incremental value

revenue engagement

agility efficiency

Page 6: Business Change through Predictive Analytics

1890+stores launch

1970shome shoppingprospect prediction

1980s

credit scoringrisk predictiontelephone ordering

@ChandanRajah

Page 7: Business Change through Predictive Analytics

1990slaunch ecommercegoods lost in transitstock forecastingcampaign modelingresponse prediction

2010smobile first, catalogue stoppedpersonalizationprice elasticitycustomer value projectionincremental campaign responsecross brand prospecting

@ChandanRajah

2000s

lifetime valuemarkdown estimationoperations + returnsensemble methodscontact centervery.co.uk launched

Page 8: Business Change through Predictive Analytics

@ChandanRajah

Page 9: Business Change through Predictive Analytics

@ChandanRajah

2003-07Integration andconsolidation

2007-12Catalogue to

etail capabilities

2013 onwardsVery - explosivegrowth +20%

SURVIVAL-LED BUSINESS-LED CUSTOMER-LED

TRANSFORMA CATALOGUE

BUISINESS INTOA WORLD CLASS DIGTIAL

RETAILER

100%

digital

our transformation

Page 10: Business Change through Predictive Analytics

@ChandanRajah

last words of wisdom

time value of data knowledge is power

not all road lead to rome i am an individual

Page 11: Business Change through Predictive Analytics

@ChandanRajah

THANK YOU

Chandan RajahHead of Group Analytics