CIOTechOutlook >> Magazine >> June - 2014 issue
Winbold: Boosting Profit Maximization by Industrializing Data Assets
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Central Power, an electricity distribution company, was dealing with the challenge of processing data in near real time and providing analytics on the smart grid usage as well as problems to cross reference this with the potential impact of the revenue generated. It was then that Winbold Data Systems came to their rescue along with hardware equipment vendor Crompton Greaves to put together a solution called SmartGridHQ. This solution collected, processed and pushed real time analytics from across the smart grid network and alerted the operations personal that helped them understand and respond to grid outages in real-time. Founded in 2012, Winbold Data systems, a Big Data solutions company, was the brain child of Madhu Eadara and a group of talented professionals, who today leverage over 15 years’ experience in data integration, warehousing and reporting.The USP of this company is their ability not just to integrate and analyze the data, but to industrialize the data assets for strategic business advantage, helping them make more informed decisions. Solutions offerings do not just stop at integration of the disparate data sources but they help put together a framework to industrialize the data i.e. to take strategic action, provide visibility, support tactical activities and improve customer’s retention and profitability of the business operations.
With deep in-house technical talent and hands on experience in both the open source Hadoop and the commercial versions of Hadoop implementations, they impeccably provide the best Big Data solutions in target verticals. They are also taking calculated steps in building a strong customized services based practice providing analytics-as-a-service, data assurance, quality, integration and stewardship that will simplify and reduce the costs to utilize the big data technologies. In this model Winbold will own and operate the entire technology stacks for data and analytics. The customers can use a pay-per-use model to leverage the technologies at a fraction of the cost.
Accurate predictive analysis is the holy grail of the big data analytics.” It’s difficult, rather impossible, to get to 100% accuracy but we hold a successful track record in satisfying customers with an 80% solution at 20% cost” says Madhu. Though currently Winbold is focusing on Consulting and System Integration for large data projects but in the near future they plan to expand capabilities by building offshore centers With a strong list of satisfied clientele including stalwarts in their respective industries such as Discovery Channel, American Red Cross and Crompton Greaves and seeing the phenomenal growth of Winbold Data Systems, we can safely assume that there is no stopping Winbold from being one of the top Big Data solutions company in the coming future.
