February 2, 2023 |
Consumer & logistics
, CPG & Retail
, Data Analytics
, Data and Information Services
Optimizing data extraction and reporting for a leading US energy drink brand
Seeking to streamline their data extraction techniques and reporting process and cut down the time it took to get actionable business insights, a US-based gaming and energy drink manufacturer was looking for a suitable solution provider.
The company was facing issues with outdated data, inconsistent KPIs and dimensions, and a fragmented, multi-platform codebase among a host of other challenges.
They approached Netscribes for a comprehensive and sustainable solution, to which we designed and developed a single source of truth of data through robust data extraction techniques. The entire ETL process along with a reporting process was fully automated with no manual intervention.
Objective
A US-based gaming and energy drink manufacturer wanted to optimize their entire data extraction & reporting process to be able to reduce the turnaround time from data to actionable business insights.
Business challenges
Overall BI & reporting time consumption
The current process of extracting, transforming, and loading the data from the client’s infrastructure to the Netscribes setup consumed around 5-6 days. The process also involved extracting data in batches at the start of every month – an overhead for the analytical team.
Stale data
Given the 5-6 days time of the data loading into the Netscribes environment, the data present for analysis had a lag of a week’s time which led to incorrect/partial representation in business performance numbers and the analysis was done based on stale data.
Unstandardized KPIs & dimensions
The reporting KPIs and dimensions were not uniform across data sources which led to mismatches in the transaction numbers.
Scattered and multi-platform codebase
Multiple codebases residing on multiple platforms (platform, MySQL, excel) led to a high amount of heuristic efforts for data analysis and reporting.
Performance challenges
This occurred due to huge amounts of data, data pulling, and querying for analysis.
Excel-based reports
All reports were sent as flat files at different points of time and hence, was difficult to manage.
Approach and solution
Netscribes designed the architecture and created a real-time data warehouse on Databricks using 20+ data sources with 3 layers-raw, intermediate, and reporting. This led to structured and quick consumption of each of the client’s data sources for business insights
The Databricks cloud infrastructure along with Python affording more flexibility increased process performance by 90%
The overall BI & reporting process was streamlined and led to a 95% reduction in turnaround time of critical business reports
The almost real-time data provided an accurate view of the business performance metrics and shorter delivery time due to cleansed and pre-processed data availability in the warehouse
The KPIs and dimensions were standardized across all data layers reducing mismatch in the reporting numbers
The entire report was transitioned from Excel to a more intelligently designed and easy-to-consume PowerBI dashboard
Results delivered
Through our collaboration, the firm witnessed:
95% reduction in turnaround time of the entire reporting process
100% improvement in the accuracy of business performance KPIs due to almost no lag in data from the client to the Netscribes infrastructure
Faster data to insights cycle time with standardized data warehouse setup on Databricks cloud
Benefit
Netscribes designed and developed a single source of truth of data through a data warehouse setup on Databricks cloud. The entire ETL process along with a reporting process was fully automated with no manual intervention which led to a 95% reduction in manpower empowering the brand with more reliable data analysis using the data warehouse.
Uncover how the company experienced a 95% decrease in their data extraction and reporting process turnaround time, a 100% increase in the accuracy of key performance indicators, and a quicker transition from data to insights, thanks to a standardized data warehouse setup and other enhancements.