{"id":14086,"date":"2019-11-28T08:28:44","date_gmt":"2019-11-28T08:28:44","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=14086"},"modified":"2019-11-28T08:28:44","modified_gmt":"2019-11-28T08:28:44","slug":"leveraging-the-advantages-of-data-science","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/leveraging-the-advantages-of-data-science\/","title":{"rendered":"Leveraging the advantages of data science"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Advances in data science have now reached the point where they allow for a more comprehensive and accurate picture of growth opportunities and potential performance improvements to be developed. Specifically, data science helps an institution answer the following questions:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">What is your positioning related to that of your competitors?<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Are your sales and marketing efforts being implemented effectively and efficiently?<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">What products, value propositions and brands are underleveraged in the market?<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">How should you align your operating model to better serve your business model?<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">What processes could be adjusted to drive better efficiencies and reduce costs?<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">How does your technology infrastructure, operating model and other factors compare to industry standards? And how can they be improved?<\/span><\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/assets.kpmg\/content\/dam\/kpmg\/xx\/images\/2019\/07\/growth-opportunities-chart.svg\" alt=\"Growth opportunities - Infographic chart\"><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/assets.kpmg\/content\/dam\/kpmg\/xx\/images\/2019\/08\/pe-data-edge-performance-opportunities-desktop.jpg\/jcr:content\/renditions\/cq5dam.web.787.99999.jpg\" alt=\"Performance opportunities - Infographic chart\"><\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-14086 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Infographic: data and data science'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/infographic-data-and-data-science\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/10\/659f77e194ecbc21ff6c013981a9db16-1-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-13778\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-13778'>\n\t\t\t\tInfographic: data and data science\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='KMPG Pulse of FinTech Report'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/kmpg-pulse-of-fintech-report\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2021\/03\/NEpE0N1-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-15854\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15854'>\n\t\t\t\tKMPG Pulse of FinTech Report\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Video: is COVID-19 giving rise to the era of contactless payments?'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/video-is-covid-19-giving-rise-to-the-era-of-contactless-payments\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/08\/5a8d849d-facc-4af3-b82c-eacb8777f9c21-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-15201\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15201'>\n\t\t\t\tVideo: is COVID-19 giving rise to the era of contactless payments?\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Advances in data science have now reached the point where they allow for a more comprehensive and accurate picture of growth opportunities and potential performance improvements to be developed. Specifically, data science helps an institution answer the following questions: What is your positioning related to that of your competitors? Are your sales and marketing efforts &hellip;<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[197],"class_list":["post-14086","post","type-post","status-publish","format-standard","","category-fintech","tag-data","b_post_type-bfc-recommends"],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/14086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=14086"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/14086\/revisions"}],"predecessor-version":[{"id":14087,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/14086\/revisions\/14087"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=14086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=14086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=14086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}