
Prayas Entertainment
Boosted operational efficiency and revenue through data analytics and predictive modeling
Overview
Boosted operational efficiency by 35% and annual revenue by 10% at Prayas Entertainment through data analytics and predictive modeling. Developed effective financial forecasting models and implemented customer segmentation using data mining, increasing CLV by 15% and retention by 10%. Deployed Tableau/Power BI dashboards to enhance decision making.
The Challenge
The main challenge was optimizing operational efficiency and increasing revenue in a competitive entertainment industry. We needed to develop data-driven strategies to improve customer retention, increase lifetime value, and make better financial forecasts to guide business decisions.
The Solution
I implemented data analytics and predictive modeling techniques that boosted operational efficiency by 35% and annual revenue by 10%. I developed financial forecasting models that improved budget planning and resource allocation. I also implemented customer segmentation using data mining techniques, which increased customer lifetime value by 15% and retention by 10%.
My Thoughts
This role allowed me to apply my data science skills to solve real business problems in the entertainment industry. The impact of the data-driven strategies on operational efficiency and revenue growth demonstrated the value of analytics in business decision making. The experience reinforced my passion for using data to drive business success.
Key Achievements
- Improved operational efficiency by 35% through data analytics
- Increased annual revenue by 10% using predictive modeling
- Enhanced customer lifetime value by 15% through segmentation
- Improved customer retention by 10% with targeted strategies
- Developed financial forecasting models for better resource allocation
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Project Details
Date
Jan 2021 - Apr 2023
Location
Mumbai, India
Technologies