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How EY can help
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Our Global Capability Centers(GCC) Advisory practice, led by a team of professionals can help your business be future-ready for the digital disruption.
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Today we are seeing GCC’s invest significantly across the areas of intelligent data machine learning, image and video analytics and the use of chat-based robots that use textual data as a source of conversation. There are several examples of how data sciences, when used intelligently, can help in reducing or eliminating manual intervention with an increase in accuracy and efficiency. A retail GCC is doing just that by using product data (image, description, quantity, brand, category etc.) to group products correctly. Once grouped correctly, it helps the pricing teams to correctly price items that fall under the same grouping. This information is then visualized on a portal for the teams to make decisions accurately and in real time. In the past, such a process was error prone, manual, and cumbersome. Another GCC is using financial data with proprietary algorithms to provide higher visibility on cash-flow. The platform is used today to monitor cash-flow parameters such as account receivables, delayed payments, credit risk and bad debt and help make timely predictions on variation of cash and bad debt. Yet another GCC is using data science solutions to speed up their manufacturing process in factories. They have created search engines to search for historical problem statements and associated solutions. This helps employees on the production floor get quick assistance when issues occur rather than wait and lose precious minutes on a high throughput manufacturing line.