Digital transformation represents a fundamental shift in how a company delivers value to its customers. It has become a catch-all word for the application of new technology, personnel, and procedures to enhance company operations and delight consumers. Underneath the hype, experts agree that digital transformation necessitates significant changes to business needs be it technology, personnel, or business operations.
Digital Transformation: Leveraging Technology to Address your business needs
Digital transformation (DT) is changing the way you conduct your business. Digital transformation is the process by which companies integrate technology across their business processes to drive fundamental change and adapt to shifting business and market demands. It allows organizations to take a step back and evaluate everything they do, from internal systems to the decision process, data management, and more. A key element of DT is understanding the technology’s true potential, which can sometimes be challenging. That’s where Corestrat comes into the picture.
Our machine learning-powered decision solutions and data-driven smart platforms can aid companies in integrating a large amount of data and automating their workflow process. With our business advisory services and powerful automation tools, we help organizations of all sizes understand their specific technology gap and transform digitally.
Decision Intelligence and Analytics: Turning Data Into Insights
Our experience in data analytics and technology helps companies use data to gain a competitive advantage. At Corestrat, our approach is to build intuitive algorithms and models for business problems that can be used for informed decision-making. The winning aspects of these algorithms enable a company to quantify the risks and optimize dynamically the decision associated with any business challenge.
Our advisory engagement provides in-depth experience in product strategy and risk management coupled with advanced analytics to provide deeper insights to help our clients launch new products or optimize existing solutions.
Leveraging Corestrat to Make Data Backed Business Decisions
Corestrat is a fast-growing, global business intelligence enterprise. We deliver business insights and decision intelligence by integrating deep institutional risk and analytics experience with ML-driven smart platforms. We empower our clients by assisting them in automating end-to-end workflows and developing analytical and operational solutions for informed decision-making.
From fintech to non-financial organizations, digital lending to portfolio management, our team of data scientists and financial engineers offers decision science solutions and business advisory to organizations in various verticals to make better decisions and meet their objectives.
What Do We Do?
We specialize in providing end-to-end solutions with a focus on digital transformation. Integrating deep institutional risk and analytics expertise with ML-driven smart decision science platforms, we provide business insights and decision intelligence to help you meet your objectives.
Our Products
Loan Origination System (LOS): By integrating structured and unstructured data, Corestrat’s digital lending smart platform helps clients make informed and accurate credit risk decisions for new or existing digital lending products.
Corestrat Model Studio: Using AI, Corestrat Model Studio helps you automate the entire process of building predictive models, including providing ready-to-submit model documentation.
Core Strategy Engine: Our sophisticated real-time decision-making platform, integrates diverse data, machine learning models, business strategies, and domain expertise to provide dynamic decision output for any business function.
Success Stories
The BOT (Build-Operate-Transfer) Model
Corestrat completed the business handover of our client ACI Group’s parcel logistics technology division. We applied the Build-Operate-Transfer (BOT) model to ACI’s ambition of creating a centre of technology excellence in India. ACI’s objective has been to modernize its technology infrastructure and IT capabilities to become a leader in the small parcel distribution business. This new analytics and technology centre of excellence is the successful culmination of a 2-year journey in guiding ACI’s digital transformation strategy as they focus on growing their new international parcel logistics unit.
Digital transformation has helped ACI achieve 35% savings in their technology and finance teams through optimized staffing and smart automation platforms. Additionally, ACI has witnessed a marked improvement in available cash flow through real-time financial close reporting and visualization, faster invoicing and payment cycles, as well as reduced manual reporting development of the finance team.
We strongly believe businesses want control over their digital future and that outsourcing and advisory should only be temporary solutions. A company of any size and sector should set its overarching strategic objective to in-source critical digital competencies. The Build-Operate-Transfer model plays a significant role in helping companies scale, develop new capabilities, and stay competitive, all while saving on costs and resources.
Looking At The Year Ahead
Change is necessary for organizations to continue to stay relevant and thrive. Over the past decade, digital transformation and analytics advances have transformed how businesses function and operate. Analytics empowers organizations to unlock potential business strategies by analyzing and interpreting the data. Advanced analytics has become a core business strategy for many corporate functions, such as inventory, product pricing, talent recruitment, and beyond.
We have a core competency that aims to provide decision sciences analytics as a service and make that one of the primary drivers of value in the future. By tapping the power of risk-based modelling and advanced analytics, we aim to support clients in developing new, improved products and services and shape the agenda for digital transformation.
Please reach out should you be interested in evaluating how Corestrat can support your digital transformation and data analytics journey. You can reach us by filling out the contact us form here or emailing us at [email protected]
