Our client is a real estate insurance provider who delivers solutions for safeguarding real estate brokers, agents, and home sellers from lawsuits. With the evolution of the organization, diversifying in various directions and broadening its footprint across multiple locations in the US, a myriad of tools were incrementally incorporated into its tech stack. This resulted in the creation of data silos - separate repositories that hinder the seamless integration and accessibility of information across various departments. The senior leadership struggled to make well-informed decisions as they couldn’t extract holistic insights from the current system. Meanwhile, the technical team found themselves burdened with the challenging responsibility of maintaining numerous systems, amounting to a total of 16 data sources.

Customer Challenges

Data Fragmentation Across Platforms

TThe organization faced considerable challenges in effectively managing data scattered across different platforms. Managing multiple systems posed a formidable challenge, compounded by the need to integrate them to gain a comprehensive view of their information landscape, ultimately hindering the organization's decision-making capabilities.

Lack of a Single Source of Truth

The lack of a centralized repository presented a critical hurdle, leading to discrepancies and data inconsistencies across the organization. Different departments had varying interpretations of the same metric values, causing interdepartmental inconsistencies. This absence of a unified source of truth compromised data accuracy and reliability, thereby complicating operations.

Difficulty in getting Actionable Insights from Data

Gaining actionable insights was nearly impossible due to data fragmentation across multiple platforms, compounded by the challenge of integrating them. The absence of a visualization tool further complicated navigating this fragmented data landscape, especially for non-technical stakeholders aiming to derive meaningful insights.

Solutions

In today's dynamic business landscape, Neenopal stands out for its meticulous analysis of client systems and pain points, aligning solutions with overarching visions and KPIs. By harnessing cutting-edge technologies, Neenopal not only addressed current challenges but also empowers clients with actionable insights.

Neenopal's team of experts conducted an in-depth analysis of the customer’s existing system, carefully understanding the pain points of both the tech teams and CXOs. This analysis was aligned with the company’s ultimate vision and desired key performance indicators (KPIs), ensuring we develop a holistic approach with the best tech stack tailored to meet the business requirements.

A centralized repository, balancing data sources and client needs, was established. AWS Glue and Lambda jobs built robust, auto-scaling data pipelines. Emphasis was on optimizing historical data retrieval and managing daily incremental loading. Amazon Redshift integration enabled high-performance analysis and reporting with efficient storage and querying of large datasets.

As an integral part of out solution, we designed dashboards to empower senior leadership with visual insights. These dashboards facilitates the monitoring and tracking of crucial metrics, including:

  • Geographical analysis of Sales KPIs
  • Broker churn rate
  • Comparison of market penetration to the firm’s potential

~20%
Reduced broker churning
33%
Reduced Client Cost
40%
Increased Market Penetration

AWS SERVICES USED

AWS Lambda
AWS Lambda
AWS Lambda
AWS Glue
Amazon RedShift
Amazon RedShift
Amazon S3
Amazon S3

Why choose NeenOpal?

NeenOpal Inc. is an AWS Advanced Services Path, Differentiated Partner and we are in the Public Sector and Well Architected Partner programs. As a forward- thinking consultancy, we specialize in unlocking the transformative power of data to drive business growth. Our team comprises AWS Certified experts committed to staying abreast of the latest industry advancements.

Benefits

Empowered Decision-Making

Seamlessly transitioning from historical reports to real-time analytics enables enhanced data-driven decision-making, offering a dynamic understanding of the business landscape. This shift ensures that the decisions are informed by past trends and current insights, fostering agility in strategic planning.

Streamlined Maintenance

The solution's design prioritizes ease of maintenance, liberating resources from mundane operational tasks and redirecting them towards more strategic endeavors. This streamlined approach not only enhances efficiency in management and upkeep but also optimizes resource allocation for maximum productivity.

Scalability and Flexibility

With inherent scalability and flexibility, the implemented solution allows the organization to expand seamlessly and adapt to evolving data requirements. This agility ensures long-term viability and growth, enabling the organization to respond swiftly to changing market dynamics and opportunities.

Conclusion

The solution established a centralized repository managed by the IT team, ensuring data integrity and scalability. This optimized data model enabled efficient reporting tailored to CXOs' needs, promoting data-driven decision-making. The results include enhanced data accessibility, simplified maintenance, and a robust framework for strategic analysis.

Written by:

Devika Hari

Senior Associate Consultant

LinkedIn

Madiha Khan

Content Writer

LinkedIn