PwC India launches PwC Insights as a Service
PwC India, a leading global professional services organisation, on Tuesday announced the launch of the PwC Insights as a Service offering that allows enterprises to embrace advanced analytics and data science capabilities quickly, with flexible commercials and lower total cost of ownership
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PwC India, a leading global professional services organisation, on Tuesday (25 April) announced the launch of the PwC Insights as a Service (PIAS) offering that allows enterprises to embrace advanced analytics and data science capabilities quickly, with flexible commercials and lower total cost of ownership.
PIAS is powered by a fully-managed, ‘all you need’ and ready-to-deploy platform that leverages PwC’s intellectual property in advanced analytics, big data and IoT and cross-sector consulting expertise to deliver business outcomes. Further, PIAS is designed to help a range of business users within the enterprise, from the C-suite all the way to data scientists.
The platform comes preloaded with data automation and management tools, and industry and domain-specific machine learning and cognitive algorithms that will help enterprises and government departments to jumpstart the solution execution and improve business outcomes. It features industry leading, multi-level data security and 24/7 support and is powered by Microsoft’s Azure platform. Over the next year, 30 such solutions will be rolled out in the market on a pay-as-you-go engagement model.
Raman Bhushan, partner - advanced analytics and data science, PwC India, says, “There is enough and more evidence to suggest that analytics-driven decision making drives better business outcomes and creates competitive advantage. With PIAS, we are addressing our clients’ needs of building next-gen analytics capabilities, with minimal investments in technology and talent. PIAS helps our clients gain a competitive edge through insight-driven decision making that brings together PwC’s advanced analytics capabilities and technology consulting expertise along with Microsoft’s Azure platform.”
The platform can ingest structured, semi-structured and unstructured data from diverse sources and deliver impactful insights in the areas of customer value management, sales and distribution, demand forecasting, customer retention, marketing mix, fraud detection and also incorporates IoT analytics solutions, among others. Further, it delivers personalised views to users in half the time of traditional models and provides robust data security.
“PwC is constantly looking to move the needle in terms of delivering data driven actionable insights that address our clients’ need to grow and optimise their business at an accelerated pace. PIAS is the latest in our lineup of advanced analytics solutions that not only draws on our deep industry and domain expertise and proven ability to deliver strategy through execution, it also combines the power of Machine Learning, Stream Analytics and other new generation analytical capabilities,” says Pawan Kumar S, joint leader, technology consulting, PwC India.