Industry Archives - 91 /category/industry/ IT Consulting, Strategy & Outsourcing Services Company Tue, 26 May 2026 09:44:49 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.5 /wp-content/uploads/2020/03/itc-logo.png Industry Archives - 91 /category/industry/ 32 32 From Signed to Sellable: The New Benchmark for Hotel Onboarding /blog/from-signed-to-sellable-the-new-benchmark-for-hotel-onboarding/ Tue, 26 May 2026 09:42:51 +0000 /?p=49459 In the hotel industry, asset-light growth has become the preferred expansion model for many large hotel groups. Instead of tying up capital in owned real estate, brands are scaling through […]

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In the hotel industry, has become the for many large hotel groups. Instead of tying up capital in owned real estate, brands are scaling through management contracts, franchise models and affiliate arrangements, allowing them to expand footprint faster while focusing on brand, distribution, loyalty, technology and operating standards.

However, this model works when the brand can convert signed properties into revenue-generating assets quickly. The faster a property becomes commercially available and operationally ready, the faster both the owner and the brand begin to realize value.

This is where the traditional approach to hotel onboarding often fails to deliver results.

The hidden friction delaying early revenue capture

In many hotel companies, onboarding still moves through a sequence of functional activities: commercial setup, operations readiness, IT enablement, brand compliance, data collection, distribution configuration and property systems activation. Each team may complete its part, yet the property can still sit between contract and revenue because of handoffs, clarifications, missing data, late infrastructure decisions, vendor dependencies and rework.

The challenge is that onboarding delays are rarely caused by one system or one team. They are usually caused by fragmented ownership, inconsistent data collection, unclear technology expectations, late-stage infrastructure discussions, non-standard platform configurations and multiple teams working with different versions of readiness.

Even today a large majority of the hotels do not have fully integrated core systems. For brands adding properties across multiple ownership models, that fragmentation can turn every new onboarding cycle into a fresh round of data collection, system mapping, template changes and manual validation.

The result is lag: in decision-making, data readiness, system setup, ownership alignment, and ultimately lag in revenue realization. We saw this in our holiday park engagement where onboarding new properties and making them sellable was taking 90+ days at a minimum to some over a year, while service readiness took over 100+ days.

Moving towards #Zerolag: A better scorecard for hotel onboarding

To reduce this lag, hotel onboarding needs to be viewed through the lens of commercial readiness and operational readiness.

Time-to-Sellis the ability to make a property’s inventory commercially available across the right channels as early as possible – ideally well before the physical hotel is ready to welcome guests. This requires commercial, distribution, revenue, brand and technology teams to work from a common playbook, with the right data, standards and platform readiness in place upfront.

Time-to-Serveis the ability to make the physical property ready to operate, serve guests and deliver the brand promise in the shortest possible time. This is where operations, IT, architecture, vendors, property teams and owners must come together around a clear, coordinated onboarding model.

The goal should be to move towardsTime-to-Sell at zeroandTime-to-Serve at speed.

Designing for velocity, fluidity and scale

However, this is as much an operating model issue as a technology issue. Hotel onboarding slows down when the right information, decisions and dependencies arrive too late. To make onboarding #ZeroLag, hotel companies need to build intelligence into the process upfront.

1. Start readiness earlier

Business growth teams need early guidance on what the owner and property must be ready for. Owners need clarity on infrastructure, systems, data, vendors and approval timelines before the property moves deep into delivery. This helps teams avoid late clarifications that slow down commercial go-live.

2. Create one version of property readiness

Property, room, rate, tax, payment, vendor, channel and operational data should be captured once, validated early and reused across teams. Commercial, distribution, revenue, IT and operations will still play different roles, but they should work from the same version of readiness.

3. Build reusable templates and patterns

Core platforms, configuration models, integration patterns and operating playbooks should be templatized by property type, geography and business model. This helps every new property inherit enterprise standards instead of starting from scratch each time.

4. Coordinate the journey across teams

Onboarding needs one clear view of data readiness, system setup, open decisions, testing status, Time-to-Sell and Time-to-Serve. That visibility helps teams move with Fluidity and gives leadership a clear view of where action is needed.

The path forward

When these pieces come together, onboarding becomes faster and easier to scale.

  • Velocity comes from reducing avoidable delay.
  • Fluidity comes from helping teams move from the same information.
  • Scale comes from making the model repeatable.

It also creates downstream value – better reporting, stronger analytics, cleaner performance insights and a more consistent foundation for AI-led operations. For the holiday parks engagement, this shift could reduce Time-to-Sell from 90+ days to one day and service readiness from 100+ days to four days.
Making this shift requires change management, cross-functional alignment and CXO sponsorship. Hotel companies need to treat onboarding as a strategic growth capability, because every delay between signing and selling affects revenue, owner confidence and the brand’s ability to scale.

To explore how to build #ZeroLag in your hospitality operations to reduce onboarding friction and accelerate faster revenue realization, read our whitepaper: /resource/whitepaper/zero-lag-hotel-enterprise-eliminating-operational-delays-to-boost-revenue-and-guest-experience/.


Author:

Anu Joy,
VP and Industry Group Head for Hospitality

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Architecting the Frictionless Guest Journey Through Agentic AI /blog/architecting-the-frictionless-guest-journey-through-agentic-ai/ Fri, 22 May 2026 10:04:06 +0000 /?p=49443 For years, hotel companies have spoken about the seamless guest journey. Yet for many guests, the journey still feels fragmented. They may discover a property on one channel, book on […]

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For years, hotel companies have spoken about the seamless guest journey. Yet for many guests, the journey still feels fragmented. They may discover a property on one channel, book on another, share preferences somewhere else, check in through an app, dine at the restaurant, raise a request through messaging, earn loyalty benefits through a separate platform and receive post-stay communication from yet another system.

To the guest, it is one stay. To the hotel, it is often a complex web of platforms, teams, processes and handoffs.

That gap is becoming harder to ignore. Travelers increasingly expect hotels to recognize context and respond with relevance. A 2025 Mews survey found that 68% of travelers say they are more likely to stay loyal to hotels that deliver standout, personalized experiences, showing how closely loyalty is now tied to the quality of the experience, rather than only points or rewards.

This is where Agentic AI can redefine what a frictionless guest journey means. The opportunity is to go beyond chatbots and use AI agents to understand guest intent, interpret context and orchestrate action across the hotel enterprise. In a #ZeroLag enterprise, this is the essence of Fluidity: systems, teams and touchpoints working together without making the guest or associate carry the burden of complexity.

From discovery to booking – understanding intent earlier

The guest journey begins well before arrival and with different expectations. A family planning a resort stay, a business traveler attending a conference and a couple looking for a wellness weekend are not shopping for the same experience, even if they are looking at the same hotel.

At the discovery and inspiration stage, AI agents can understand travel intent, purpose of stay, budget, loyalty status, preferences and contextual signals to help present the most relevant hotel, room type, package or experience.

As AI-led search and travel planning become more common, hotel content also needs to become easier for intelligent systems to understand. Room types, amenities, policies, packages, accessibility features, dining options, family services and local experiences must be structured clearly enough for both humans and AI agents to act on them.

At the shopping and booking stage, agents can connect central reservation systems, revenue management systems, customer data, loyalty profiles and offer engines to recommend a more relevant stay proposition. This could include early check-in, dining credits, spa packages, meeting support, family amenities or loyalty-linked benefits, depending on the guest’s context.

Pre-arrival – converting signals into action

The pre-arrival phase is where many hotels lose the thread. A guest may share arrival time, dietary needs, room preferences or a special occasion. Too often, those signals do not flow cleanly into operations. The guest arrives expecting recognition and meets disappointment.

Agentic AI can help convert pre-arrival intent into operational action. It can prioritize room readiness, alert housekeeping, inform the front office, coordinate amenities, check package inclusions and proactively communicate with the guest.

However, a truly fluid guest journey goes beyond internal operations. External environment such as flight delays, weather disruptions, local events, traffic conditions or conference schedule changes can all affect the stay. If a guest’s flight is cancelled, an agent should be able to detect the disruption, check availability, understand reservation context and initiate an approved communication: would the guest like to extend the stay for another night? Behind that simple message sits orchestration across availability, rate rules, housekeeping, loyalty, payment authorization and guest messaging.

This is where Agentic AI moves hospitality closer to service anticipation.

Arrival and stay – helping associates deliver better service

At arrival and check-in, a guest should not have to repeat preferences or wait while teams manually check status. Agents can bring together PMS, housekeeping, loyalty, payment, identity verification and guest messaging to help associates deliver a more confident and personalized welcome.

During the stay, the journey becomes more dynamic. Dining, housekeeping, engineering, concierge, spa, retail, transportation and service recovery all shape the experience. A request for extra towels, a restaurant booking, a room temperature complaint or an upgrade inquiry should not become a chain of manual calls and follow-ups.

Agents can classify the request, understand priority, trigger the right workflow, update the right system, notify the right team and close the loop with the guest. Associates remain central to the experience, especially in high-empathy moments. Agentic AI gives them better context and fewer manual steps.

This is how #ZeroLag starts to show up in the guest experience: less waiting, less repetition, fewer dropped requests and more confident service.

Closing the loop with checkout and post-stay engagement

At checkout, the opportunity is to reduce payment, billing and loyalty friction. Charges from room, dining, spa, retail and other services should come together accurately. Exceptions should be flagged early. Loyalty points, benefits and invoices should be handled with minimal guest effort.

Post-checkout should also be part of the journey. Agents can help interpret feedback, detect unresolved dissatisfaction, trigger service recovery, personalize future offers and capture insights that improve the next stay. A truly connected journey learns from every interaction.

The architecture beneath the experience

Ultimately, what the guest experiences as seamless service depends on the operations orchestration underneath. The hotel does not need every system to become one system. It needs the journey to behave like one connected experience.

Agentic AI allows hotels to move faster across systems and workflows. Agents can sit across processes, interpret signals, retrieve knowledge, trigger workflows and guide associates.

That requires trusted data, API-led integration across PMS, CRS, POS, RMS, CRM, loyalty and service platforms, event-driven workflows, real-time operational signals, external signals, identity and consent management, security guardrails and clear rules for when AI acts and when humans stay in control.

In many ways, the frictionless guest journey is only as strong as the invisible architecture beneath it. To know more about this architecture, read our whitepaper: /resource/whitepaper/zero-lag-hotel-enterprise-eliminating-operational-delays-to-boost-revenue-and-guest-experience/


Author:

Anu Joy,
VP and Industry Group Head for Hospitality

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Generative AI, a New Catalyst for D2C Expansion /blog/generative-ai-a-new-catalyst-for-d2c-expansion./ Mon, 12 Feb 2024 13:36:00 +0000 /?p=41077 The post Generative AI, a New Catalyst for D2C Expansion appeared first on 91.

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No one will argue with the fact that the technology that has created the most intense ripple effect across industries in recent times is Generative AI. The progressive penetration of this technology into the workforce of organisations is posing a threat to the companies which are still evaluating its potential applications. Traditional Artificial Intelligence (AI) has been predominant in multiple areas of business transformation for quite some time. However, introduction of generative AI has added a new dimension to the transformation process across industries like CPG. CPG industry has long been a prime user of AI technologies like Machine learning & Predictive analytics to resolve the mystery of consumer behaviours. In last few years this industry has seen manifold increase in adoption of digital technologies due to emergence of D2C (Direct to Customer) business model. The aspirational journey of D2C could be further accelerated by the features of generative AI through proper applications. Potential of this technology could generate significant value in areas like Sales & Marketing, Customer operations and Product R&D. As McKinsey report highlights that ~75% of total annual value from generative AI use cases are accounted for in above areas along with Software engineering. Functions like supply chain & logistics, which are at the core of D2C business model, are also not far behind from reaping benefits of this technology.

Following benefits are lying ahead for the CPG & D2C players who aspire to become game changers in the industry.

Marketing & Sales:

  • Content creation: Generative AI is undoubtedly a useful tool for potential savings in time and effort for content creation. Primary use could be preliminary idea generation. Even this tool could be used to create content out of collective ideas generated by different team members.
  • Consumer preference: Ability of generative AI to read through texts, videos and photos to retrieve useful information and analyse those to generate insights within short period could help D2C firms create vast number of individual consumer profiles with higher accuracy. Based on individual preferences this tool could be used to draft engaging campaigns and advertisements to increase the probability of conversions.
  • Market research: This is the area that is receiving increasing focus in D2C firm because of the rising competition. Generative AI could be deployed to understand overlapping areas of feedbacks received from consumer researches, social media views, academic research outcomes and responses from online campaigns.
  • Customised offerings: Customisation is at the core of D2C business model wherein firms have already deployed traditional AI tools and analytics models. Generative AI could prove effective in this space by its ability to convert text-to-image for visualisation of offerings through interplay of colour, textures, ingredients, tastes etc.
  • Synthetic customers: Unique value proposition of generative AI is mimicking human actions based on analysis of responses. D2C firms could utilise this facility to analyse customer feedbacks and generate ‘Synthetic Customer’ which is a digital replica of actual customer exhibiting purchasing preferences. This could help companies revisit their existing strategies of getting closure to any customer and improve the chances of lead generation.

Products & Services:

  • Product Innovation: Product conceptualisation might become easier with generative AI through analysis of market research data, consumer preferences, competitors’ activities and consumers’ browsing history. Moreover, simulation of product formulations considering combinations of ingredients, their pricing and attributes could help create improved product variants with increased monetary savings.
  • Packaging Design: An attractive and appealing packaging that provides relevant information within shorter viewing span is always preferable in CPG industry. Generative AI could add value to packaging design by processing & recognising consumer preferences and market needs from texts, photos, videos, research articles and social media views.
  • Product portfolio & pricing: Generative AI could analyse the pricing of competitors products, sales data, market trends and consumer preferences to suggest optimised pricing. Sales trajectory, stock movement, consumer demands and market demands are useful information which could assist this tool identify low performing products that need replacement with a more effective solution.
  • Customer service: Generative AI could improve the quality of interactions by engaging in more emotional dialogue through analysis of previous interactions. The tool could also be deployed for answering multiple customers at a time. Its ability to retrieve historical data about similar problems and suggest probable solutions could help human representatives in dealing with customers.

Supply chain & logistics:

  • Inventory management: The advanced algorithms used in generative AI enable it to continuously learn through texts, images and videos and derive insightful patterns and trends out of consumer demands and market dynamics. Such a feature is crucial to recommend stock planning at factory outlet and warehouses within shorter time span as faster delivery has now become the driving force for the success of D2C business model.
  • Demand forecasting: Accuracy of demand forecasting is a function of consumer buying behaviour which is the foundation for any D2C business. Firms that have higher accuracy in forecasting are set to win more than half the battle of customer acquisition. Generative AI with its advanced analytical engine could easily enhance the existing models with more accurate predictions made out of multiple factors.
  • Route optimisation: By reviewing the probable routes from geographical map and analysing historical trends of traffic conditions along these routes, generative AI could recommend the fastest delivery route to consumers. Generative AI could also create convenience to customers by recommending customised schedule of delivery based on previous choices and take the firm one step closer towards a trusted relationship.

Although above benefits are going to make generative AI tempting in the long run, there is a note of caution while using this tool. Generative AI works primarily on the set of data fed into the model. Hence, relevance and authenticity of data is a concern for generating output from this technology. Moreover, there is always risk of plagiarism, copyright infringement, violation of property rights and erosion of brand value when contents are generated from publicly available information. Further, D2C firms must take note that rising adoption of generative AI will only provide a level playing field among competitors. It’s the vision and strategy of any firm to find the right avenue of application of this technology so that it could convert itself as a mere facilitator to a generator of business in the long run. 91 being an experienced digital solution provider in CPG industry is geared up to help D2C firms accelerate their business with right applications of generative AI.

For more information, contact 91.


Author:

Debal Chakraborty,
Principal Consultant

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SaaS for Design and Manufacturing Environments: Reduce Running Costs and Increase Collaboration /blogs/saas-for-design-and-manufacturing-environments-reduce-running-costs-and-increase-collaboration/ Wed, 06 Sep 2023 12:23:36 +0000 /?p=40623 The post SaaS for Design and Manufacturing Environments: Reduce Running Costs and Increase Collaboration appeared first on 91.

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Introduction

SaaS (Software as a Service) is an innovative software usage model that is revolutionizing many different industry sectors. Indeed, a recent IDC Info Brief comments that “as Cloud consumes a greater portion of IT budgets, SaaS becomes the required model for business software”*.

We’re all aware of SaaS subscription solutions like Dropbox, Netflix or Microsoft 365 for example, whereas CAD and PLM are not areas normally associated with SaaS. However, the situation is now changing rapidly in these domains too, as more and more businesses look for accessible, Cloud-based solutions. Being able to access data in a communal, collaborative space is an absolute must both for company employees and also for improving their customers’ experience.

Challenges faced by companies

The COVID pandemic accelerated the development of Cloud-based solutions, as companies responded to the challenge of needing employees to work just as effectively in a remote environment.

Another challenge often faced is when companies go through a corporate acquisition, inheriting legacy servers and systems from the acquired company. In the case of PLM this can be problematic, because PLM is by nature a very collaborative process, across multiple departments.

SaaS for Design and Manufacturing environments – a powerful case

The SaaS model offers excellent flexibility and collaboration in a highly secure environment. Let’s take a look at the case for SaaS:

SaaS Conversions = moving from on-premise solution to Cloud-based solution

DxP Services, an 91 brand, is PTC’s partner of choice for SaaS conversions of their Windchill© solution, converting customers from Windchill© to Windchill+© SaaS PLM solution. Customers come to DxP Services to make their existing on-premise solution available as a SaaS solution, with the added benefits of an innovative and constantly updated environment. Our team of trusted advisors make transitions as seamless as possible.

“Everything you always wanted to know about SaaS”

If this blog article has piqued your interest in SaaS and you would like to find out more about this innovative solution, you can find out more in this article: /wp-content/uploads/2023/09/PTC-SaaS-podcast-Matteo-Barbieri-English-translation-1.pdf.

This blog article has been inspired by PTC’s recent Digital Transformation Podcast about SaaS, featuring Matteo Barbieri, who is Italy Country Manager and Southern Europe Market Lead at DxP Services. In conversation with PTC, he shared the multiple advantages of SaaS and why it’s a powerful solution for Small and Medium-sized companies as well as for large manufacturing companies. The full article link above is the English translation of the original podcast.

The original podcast is in Italian and can be found here :


About the Author:

Matteo Barbieri is Italy Country Manager and Southern Europe Market Lead at DxP Services, an 91 brand. He is a passionate advocate for SaaS.
Matteo.barbieri@itcinfotech.com

Thank you to PTC for featuring us in the Digital Transformation Podcast Series.

For more information:

  • DxP Services Website: /dxp-services/
  • PTC’s Windchill+ SaaS PLM Solution:

* The IDC brief can be found on the above PTC website page.

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Digitisation of Lending Business /blog/digitisation-of-lending-business/ Mon, 03 Jul 2023 06:56:03 +0000 /?p=40367 The post Digitisation of Lending Business appeared first on 91.

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The lending industry has new opportunities due to a rise in efficient technology and new types of lenders. There has been rapid adoption of technology to streamline the overall process of getting a mortgage, personal and business loans, enhancing the consumer experience into a smoother and faster one and expanding consumer access to financing products. While many banks are working on providing a smoother loan application experience by digitising the lending workflow process and front-end platform. However, the digitisation of the industry still needs to be improved by leveraging modern technology and data effectively. Many banks still take 2 – 4 weeks to process the loan because of labour-intensive processes, the complexity of the technology landscape and the fragmented system.

Lenders using AI and ML modelling have seen improvements in loan assessments, default pattern identification, and accurate customer behaviour prediction. This helps banks to flag risky loans and make informed decisions to minimise losses.

Traditional lenders often struggle to see the E2E customer journey because data is dispersed between multiple channels and touchpoints. Thus, they lose the insights from all that data to drive a better customer experience.

Reshaping the lending Industry with Novel Approach and Modern Technology

  • Non-bank lenders continue to grow popular –
    • Non-bank lenders have invested heavily in the digitisation of user interfaces that simplify application submission, processing and collaboration with customers through real-time communication using digital channels. They offer low-cost, high-value lending products while providing users with an easier path to obtaining loans.
    • According to Oracle’s Digital Demand in Retail Banking study of 5,200 consumers from 13 countries, over 40% of customers surveyed think non-banks can better assist them with personal money management and investment needs, and 30% of respondents who haven’t tried a non-bank platform said they’re open to trying one.
    • This means bad news for traditional banks that are still slow to transition and apply digitised tools to deliver differentiated lending services.
    • Neo banks operate entirely online and provide credit and lending services digitally. It leverages data models to understand customer needs and behaviours to attract new customers and retain existing customers.
  • Optimizing Customer Experience
    • Based on the study conducted by McKinsey & Company, 60 per cent of customers say they are comfortable with a completely online application. Personalisation, reassurance, transparency, simplicity and speed are vital to attract and retain the customers.
      With information like demographic data, behavioural data, psychographic attributes, cash flow of customers, and alternative data sets – like social media data, and partner ecosystem data, the banks can construct meaningful customer insight and build products that serve customer needs.
    • Banks should prioritise getting things right first time, offering quick, precise, 24×7 status updates, pre-approval within 24 hours, and providing a single point of contact.
    • AI and machine learning empower lenders to provide highly personalised experiences to customers. Lenders must build advanced algorithms to collect customer data, analyse financial profiles, and suggest customised lending options. Furthermore, the platforms could leverage crowd wisdom to source the best rates, guaranteeing customers the most competitive offers. The integration of hyper-personalization with AI and machine learning has significantly improved the lending journey, delivering convenience, efficiency, and unmatched customer satisfaction.
    • An agile tech stack with seamless integrations, including access to lifestyle and contextual data, such as social media, to provide banks with a complete picture of prospects so that offers can be tailored for outstanding customer experience.
  • Third-Party Technology Providers and Open Banking for NextGen Lending
    • Open banking helps create a value-driven, profitable lending journey that retains market share and margins.
    • The future banking practice demands opening customers’ entire financial footprint to trusted third parties, including mortgages, savings, pensions, insurance, and consumer credit data
    • By harnessing unconventional data sources, open banking performs a holistic assessment of customer creditworthiness
      It also helps with income verification, Know Your Customer (KYC) confirmation and customer onboarding
    • Third-party technology and data providers are leveraging open banking to support the banks. Their activities involve marketing lending products, gathering borrower information, and underwriting, closing, or funding a loan.
      The expansive list of services is available, including loan origination platform, workflow management, document extraction and management, income and asset verification, employment verification, title verification, appraisal management, e-closings, automated compliance, and decisions model.
  • Cloud-based SAS solution – Improved time to market and customer experience
    • The digitisation of the Loan origination system (LOS) helps to enable self-servicing for the broker and the bank’s sales team, provide real-time collaboration, and increase transparency. Many Fintech and Product firm offer SAS solution on the cloud that helps the bank to implement the solution much quicker and faster
    • Cloud analytics services enable the correct set of tools to develop the data model and insight that would significantly help to keep the lender products competitive and help retain the customer longer
    • Cloud-based interoperable solutions enable lenders to benefit from multiple APIs and other technology that enhance the user experience and allow for new propositions to be brought to market swiftly and safely
    • Adoption of SaaS cloud-based solutions helps create a portal between the lender, borrower, and other mortgage stakeholders, offers immense potential to automate processes through self-servicing, improve opportunities and accuracy, and reduce costs and workloads.
  • ESG: Driving Sustainability and Inclusion in Mortgage Services
    • ESG Integration: Organizations worldwide, including community financial institutions, are prioritising ESG considerations in their corporate agendas. This includes local banks focusing on mortgage lending to promote diversity and inclusion and improve the lives of their customers and communities.
    • Technology-driven Solutions: Banks are harnessing technology and advanced analytics models to incorporate ESG risk to enhance risk assessment accuracy and reduce funding costs. This enables them to issue mortgages at lower rates, reducing costs for both banks and borrowers.
    • Expanding Homeownership Opportunities: Affordable homeownership aligns with ESG goals, promoting sustainability and inclusion within mortgage services. Lower costs and improved risk assessment enable a more accessible housing market, fostering economic stability and improving quality of life.

Conclusion

The risk mitigation of lending and its volatile market can be controlled by leveraging data and innovative technology solutions. AI and ML data models improve fraud and risk management and proactively detect and reduce risk exposure.
Adopting SaaS and cloud computing offers flexibility, efficiency, security, increased collaboration, reduced costs, and improved time to market.

Banks can cut down 30 – 40% of operating costs through E2E automation and redefine customer journey by leveraging third-party services and open banking ecosystems. This advancement not only enhances the reliability and value of data but also enables banks to make better-informed decisions. Moreover, it also opens new avenues in the lending market, expanding its potential reach.

ESG factors are revolutionising the mortgage and business loan services industry. Cutting-edge technology solutions empower eco-friendly approaches, broaden access to homeownership, and foster financial inclusivity. This ultimately yields advantages for both financial institutions and borrowers alike.


Author

Kalpesh Mistry,
Senior Vice President

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10 Critical Learnings to Win in D2C in Mid to Large Sized Organizations /blog/10-critical-learnings-to-win-in-d2c-in-mid-large-sized-organizations/ Tue, 07 Feb 2023 11:19:44 +0000 /?p=39620 The post 10 Critical Learnings to Win in D2C in Mid to Large Sized Organizations appeared first on 91.

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Being a Chief Digital Officer in several large Healthcare & CPG these are some of the common learnings I have encountered to scale and win in D2C. Hope it helps and would love to hear your learnings so we can collaborate to learn as a D2C community.

1. Holistic Framework

Sometimes organizations think of D2C principally in terms of E-Commerce, but to be successful it is so much more. A useful framework to follow is acquire, convert and retain, and each of the three pillars require the following listed components. To succeed one needs to excel in all aspects over a period of time.

2. Consumer experience (CX) obsession

It’s obvious and every company talks about consumer obsession. But are we really? Every day, the D2C team needs to be asking themselves how to improve the CX. As an organisation, what are you learning through your reviews, ratings, consumer feedback, and how are you incorporating that to continuously improve CX ? CX is an iterative process, not just a one off. In my various roles I made sure to read customer reviews and comments everyday to pick up signals to act upon.

3. Consumer journeys, content and personalization

At the heart of CX lies journey mapping, content, and personalisation. It is critical to have robust CoEs to make this the DNA of the marketing teams. Real-time content personalisation is also key, which means you need to map how your content operations will work in terms of creative, design and real-time deployment. Which parts of content operations do you keep in-house, and which do you outsource ? What technology solutions do you deploy for personalisation ? Should your content teams be onshore or nearshore ? There are many pros and cons to each approach. Working with the right partners you can create the optimal solution and roadmap.

4. Owned sites and marketplaces

Most successful CPGs follow a dual strategy of owned e-commerce sites and marketplaces. In many cases, marketplaces such as Amazon still account for the majority of sales, as that is where consumers do most of their shopping. Accordingly, it is very important that a CoE is set up to manage and extract maximum value from marketplace partnerships.

5. Revenue++

Most organizations initially think of D2C & E-Commerce as a way to increase sales. Certainly that can be true, but the insights one can generate through building first party databases can be even more powerful. The D2C database can also be used to test new products or line extensions. D2C teams should therefore be positioning D2C on the wider benefits and not just revenue generation.

6. Tech is the enabler; don’t lead with it

Many mid to large CPG organisations make a large investment in martech stacks, only to be disappointed with the return and the ability of marketing teams to adopt and utilize these stacks to derive maximum value. Simply deploying a premium martech stack is like giving someone a formula 1 car, but without the licence or training to drive it. It is absolutely critical to lead with strategy, skills development and business processes. Only then can the organization derive full value from the tech stack.

7. Archetypes

In many instances, D2C and E-Commerce revenues in large markets like the US can be very different compared to smaller markets. Following an archetype strategy can therefore be helpful in guiding investments across regions and markets and helping to optimise marketing and tech investment. In certain cases, premium martech stacks with greater functionality could be deployed in Tier 1 markets, whereas Tier 2 markets could have more value-based stacks to achieve positive ROI faster.

8. Product ownership and agile ways of working

Don’t fall into the trap of relying on traditional organisational structures to win in D2C. D2C requires agile decision-making based on real-time data. Business and IT product ownership is therefore critical for success. Some CPGs have created product owners for attract, convert and retain streams to enable empowered decision-making and agile ways of working. It will be a journey and won’t be perfect on day 1 but over time it will pay dividends.

9. End to end data insights

Many organisations have invested heavily in data lakes and hubs and are disappointed that they still cannot generate end to end insights. Customer Data Platforms (CDP) are now the emerging solution to help companies obtain end to end insights from disparate data sources. Word of caution: work with a partner with real experience in implementing CDP solutions.

10. Outcome based partners

Agencies and partners will be very happy to take your money based on time and materials. Introduce outcome-based pricing in your contract to ensure partners have sufficient skin in the game. It’s tough to construct and arrive at the right KPIs, but it is worth persevering to ensure partners have the right outcome based mindset.


Author:

Vivek Chaudhri,

Vivek Chaudhri has been the Chief Digital Officer at numerous Fortune 500 companies and is now leading the D2C Practice at 91, a leading technology consulting and services company. Please contact him atvivek.chaudhri@itcinfotech.com

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Sustainability Data Analytics Platform for Implementing Sustainability 2.0 /blogs/sustainability-data-analytics-platform-for-implementing-sustainability-2.0/ Fri, 13 Jan 2023 13:33:02 +0000 /?p=39484 In recent years it has been witnessed that several industries are preparing to embrace sustainability — the management of greenhouse gas emissions, energy consumption, waste management, green product development, and […]

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In recent years it has been witnessed that several industries are preparing to embrace sustainability — the management of greenhouse gas emissions, energy consumption, waste management, green product development, and water conservation — as an integral factor for their manufacturing and is no longer treated as an expense but as a crucial value differentiator. The manufacturing industry is now introducing sustainability 2.0 as an integral part of its business model and core strategy. Launching sustainability 2.0 is to improve long-term sustainable goals and ESG (environmental, societal governance) challenges. The need to shift to more sustainable business operations is highly critical.

91 is on a journey towards Sustainability 2.0, an agenda that reinvents sustainability under the compelling challenges of climate change and social inequity. This new agenda is driven by a remarkable combination of thought and action on 91’s part with meaningful public-private-people partnerships. The Sustainability Report 2.0 is available .

The Need for a Sustainability Data Analytics Platform

Research by states that 86% of business leaders have invested in sustainable practices to protect their organizations from disruptions. However, reporting on sustainability initiatives and finding various data types is difficult for all relevant parties to access. In order to drive sustainability performance management, the data analytics platform is vital.

Why is Sustainability Data Analytics Platform Necessary?

  • Unable to detect human errors during data collection – Leveraging AI-driven document processing methods
  • Unable to trace and audit data – Ensuring end-to-end traceability by customizing system logs as user-friendly. Approvers can easily interpret and make approval decisions with sustainability data reviews
  • Time-consuming while aggregating data – Introducing the power of data aggregating capabilities by customizing industry-standard data management tools
  • Inconvenience while accessing sustainability reports – Enabling self-serving capability with ideal role-based access control for different stakeholders
  • Difficulty in getting the approval of reported sustainability data – Leveraging integrated workflow for end-to-end automation of processes ranging from data preparation to approval
  • Proactive methods needed for meeting sustainability targets – Introducing machine learning models with the help of predictive analytics tools for preventive actions to meet the defined sustainability goals
  • No single source of truth for sustainability reports – Introducing a self-service platform for accessing sustainability artifacts

How Will the Sustainability Data Analytics Platform Help?

  • Integrated platform with low environment code to address the above-mentioned pain points
  • Single source of truth for stakeholders for complete transparency of sustainability reports
  • Secured access to data across stakeholders, data providers, reviewers, sustainability officers, and external auditors
  • Automated workflow for end-to-end data management and reporting
  • Complete traceability of data preparation, reviews, corrections, and approvals
  • Complex calculations to arrive the critical sustainability measures across environmental footprints – energy, emission, water, and waste
  • Prebuilt data model to reduce the time of implementation
  • Various connectors to extract data from scanned documents, PDFs, enterprise resource planning, and excel sheets

How is the 91 Sustainability Data Analytics Platform different from other platforms?

Here are the key differentiators that make 91 a strong player among others:

  • Single Version of Truth
  • Pre-built data model suitable for manufacturing and consumer product companies
  • Automation of data consistency, accuracy, and completeness verification in the data collection process
  • Inbuilt predictive insights for corrective actions to meet sustainability targets
  • Role-Based Access to Data
  • Accessible roll-out features across businesses
  • Configuration options for third-party audits
  • Full Stack Solution ensures data collection till sustainability reporting and analytics
  • Easy and convenient to deploy across different business units and facilities
  • The functional view of each of the components is depicted below:

The 91 Sustainability Data Analytics Platform is based on cloud technology, favouring the resource-efficient use of IT resources, and enabling every company’s flexible and expandable growth. With integrated solutions, companies can introduce sustainability goals more confidently and cleanly into their daily activities and move strategically toward building more resilient, sustainable businesses.

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Sustainability Imperatives in Manufacturing Companies /blogs/sustainability-imperatives-in-manufacturing-companies/ Fri, 30 Dec 2022 06:38:18 +0000 /?p=39342 Introduction Sustainability Management imperatives are taking more prominence due to environmental concerns and will continue to be in focus in the coming days with increased awareness on the subject from […]

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Introduction

Sustainability Management imperatives are taking more prominence due to environmental concerns and will continue to be in focus in the coming days with increased awareness on the subject from governments, business & society at large.

Businesses have a significant role to play & sustainable practices are considered a corporate responsibility with leading companies taking sincere initiatives to measure and minimize environmentally unfriendly operations and to address various stakeholders’ (internal & external) priorities:

  • Brand reputation – As companies introduce sustainable methods in their manufacturing systems, their reputation among investors, stakeholders and consumers improves
  • Operational efficiency – Reduced usage of energy and other resources leads to reduction in costs which eventually leads to improved operational efficiency
  • Societal impact – Creating a strong image with sustainable methods sends out a strong message to the society and this in return creates a positive impact on consumers’ minds
  • Transparency from Business Partners – Companies are expecting from their partners Sustainable business engagement & moving away from ties with partners at risk
  • Shareholders – Beginning to use ESG scores as one of the criteria to make investment decisions
  • Regulatory Requirements: These are becoming more stringent
  • Customer perspectives – Becoming more conscious about sustainable Products & Practices & do not like Greenwashing

The manufacturing industry is setting ambitious and sustainable targets for improving the planet with meaningful environmental changes. Intricately connected with this are corresponding opportunities for technology companies. According to recent surveys, the sustainability market size for green technologies is expected to grow significantly with a Compound Annual Growth Rate (CAGR) of >25%, with market size expanding to almost $45b+ by 2028. The management of greenhouse gas emissions, energy consumption, waste management, green product development, and water conservation—is seen no longer as a cost but as a critical value differentiator.

Challenges faced by manufacturing companies:

Operational Inefficiencies

  • Manual Method of collecting sustainability data & transformations leading into errors
  • Auditability/ Traceability issues due to manual methods of operation
  • Deficiencies in ability to do basic analysis on the data

Newer Asks:

  • Suppliers following the organization’s environmental standards – Whether the suppliers are complying with the organization’s green standards with the components that they are providing
  • Lifecycle assessment of products – Assessing the sustainability footprint of the product (e.g., from cradle to grave)
  • Climate Risk Analysis (e.g., while setting up new units – Challenges of setting up new factories as per climate standards and how these setups are going to affect the environment)
  • Evolving regulatory frameworks & higher reporting frequencies

These challenges need to be intrinsically addressed by a digital solution to improve efficiencies, enable auditability, reduce non-compliances & make the enterprise future-ready.

Conclusion

When it comes to sustainability in manufacturing companies, a remarkable change is afoot, resulting in more significant thinking—especially on the factory floor and value chain partners. Manufacturers prepared to adopt the change will find opportunities for innovation—with sustainability targets inspiring green design, manufacturing, sourcing and novel technology applications. The time has come for data platform solutions for ESG and other newer asks that are emerging.


Author:

Sandip Mitra,
Business Consulting Group, 91

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Brands that Embrace Digital will Stay Ahead in the D2C Model /blogs/brands-that-embrace-digital-will-stay-ahead-in-the-d2c-model/ Wed, 21 Sep 2022 08:07:10 +0000 /?p=38693 Sanaya woke up late on a Monday morning to discover that she had run out of her favourite skimmed milk. It was 8:30am and raining incessantly outside. She had to […]

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Sanaya woke up late on a Monday morning to discover that she had run out of her favourite skimmed milk. It was 8:30am and raining incessantly outside. She had to join an important meeting from 9:00 am. The presentation document was loading in the laptop. She quickly picked up the mobile and started typing the brand name on a retail ecommerce website. She found the product out of stock but came across other brands in that category. She went on to check the company’s D2C website but could not navigate through the multiple options toward the product ordering page. In a hurry, she returned to the retail website and found that it was already displaying all the options of alternative brands in the same category. She observed that the other brands don’t have the convenient packaging that she had been enjoying in her preferred brand. But that day she didn’t have time to decide. She quickly chose and paid for an alternative brand and reached for the laptop to look through the presentation, which she would discuss in the meeting.

It is a common situation that most shoppers face while buying packaged goods online. Due to high demand many daily used products go out of stock in retail sites. But it is more annoying to experience longer time in any shopping website due to lack of clarity about how to select and pay for a product. Direct-to-customer (D2C) is the new trend shaping the consumer-packaged goods (CPG) industry across the globe. Primary reason being low entry barrier, which is enabling private label brands to appear in the market with frequency higher than ever. However, not all brands could sustain the race of attracting consumers to their brands. It is more due to the marketing strategy they follow than the quality or features in the products. Drawing consumers to the products is the primary major challenge in this business model. Second major challenge is ensuring continuous availability of products, which means ensuring an uninterrupted supply chain process. If we introspect more into the primary challenge, we find three reasons underlying. First one is all about understanding the need of each & every customer and designing product as per their requirements. Second is keeping a tab of competitors’ offerings in the marketplace. Third is using information related to earlier two cases to develop personalised buying experience for every customer. The only solution that could help us resolve all these problems is data. Data is the ammunition in this expanding war of customer acquisition and retention. Collection of data about customers’ preferences and competitors’ new offers, storing those data and using those effectively are of primary importance in building a successful D2C business model.

If we go deeper into this, we find that next level of challenge is identification of data. It is customary for every marketer to understand and find the type of data one needs to understand customers’ requirements. Parallelly, one needs to find the data required on competitors’ offerings to strengthen the grip on the marketplace. Once understood, firms should think about the resources through which all these data can be collected and stored. And finally, how these data can be used to generate insights about customer’s behaviour.

To help firms in this journey, digital technology services are on the rise. The advent of intelligent automation has equipped the software service providers develop digital tools to understand the ongoing trend and find which areas need more focus to make the business run profitably. Robotic process automation (RPA), cloud technology, Artificial Intelligence (AI) based algorithms and machine learning (ML) programs are examples of digital tools which have paved the way for technology focused CPG firms to monitor their businesses closely and engage consumers more effectively. Every consumer has a different and unique way of shopping. Therefore, engaging with each consumer through the right channel, right promotion and right offer is undoubtedly a critical task. In top of that increasing penetration of mobile technology has brought all category of consumers at the same place and at the same time resulting in an extra level of complexity in data collection. Therefore, developing a robust data storage facility is no more a choice but a necessity for managing such increasing diversified consumer base. 91 through its rich experience of working with multiple CPG consumers can provide both on-premises and cloud-based database solutions to manage terabytes of data on a continuous basis.

Once the data storage facility is set up, suitable data collection resources should be developed to ensure uninterrupted data feeding to the repository. Whenever a consumer engages in any purchasing activity through online channel, millions of data are transferred to the marketing firm. Multiplying this with number of available channels, nearly trillions of data are needed to be handled every day. Hence, the solution is to have resources having the capability to find relevant data in any format from any channel and incessant feeding of these data to the storage facility. 91’s intelligent automation team can develop any customised intelligent bots using robotic process automation (RPA) for collecting data from any channel at any time with 100% efficiency. Not only from websites, but these bots can also even identify the necessary data from any document in any format. This can help the firms analyse multiple purchasing invoices to figure out average purchase value for any customer.

After collection the data, next important steps are identification of relevant KPIs and development of analytical models for the purpose of understanding the status of ongoing business and generation of insights about customer’s buying pattern. 91 has a dedicated analytics team who has developed analytical models as per business need and has helped firms understand consumer journey at every touchpoint starting from exploration to procurement of any product.

After data management the next critical area where D2C firms should put highest focus is managing the supply chain of entire processes. If designing products as per consumer’s need is the primary challenge that D2C firms face now-a-days, then the next big challenge is taking these products to the consumer’s doorstep. The solution that addresses this concern is smart supply chain. Although most of the firms engage third parties for delivery of products, making the products available to delivery partner’s warehouses or distribution centres need a thorough monitoring of supply chain. 91’s Industry 4.0 and Digital team together provide efficient and effective supply chain solutions with the help of Internet of Things (IoT), RPA and AIML. Not only our solutions ensure automated monitoring of entire supply chain process but also can eliminate the redundant processes, reduce the energy consumption at intermediate stages wherever possible and build models for optimising selection of packaging materials.

The problem that Sanaya faced at the beginning of this article could have easily been avoided had the brand manufacturer focussed on these issues and collected data about Sanaya’s buying pattern. Also, they should have ensured availability of the product at retailer’s site by adopting smart supply chain practices. Emerging digital technologies like robotics, artificial intelligence, cloud technology and IoT are a blessing for firms. However, leveraging these technologies to maximise the profit and capture the market share needs a blend of expertise & experience over the years. 91’s rich experience of working with global CPG manufacturers in multiple channels and multiple regions for diversified products have helped develop suitable digital technology-based offers for D2C firms. In an industry like CPG where competition has been a paramount concern from new product perspective, emergence of D2C practice has made the situation more complex. To compete successfully and lead in the marketplace, firms must embrace the digital tools for navigating through the wave of unlimited new products.


Author:

Debal Chakraborty,
Principal Consultant

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