Challenge
AB InBev, a brewing giant with a network of independent breweries, faced limitations due to a decentralized data infrastructure. This made it difficult to gain a holistic view of their operations and customer behavior, hindering efficient decision-making and growth.
Solution
Cloud Migration Strategy:
MyImaginity's expertise in cloud solutions has been instrumental in developing a comprehensive cloud migration strategy for AB InBev's data infrastructure. This involved evaluating cloud platforms, ensuring data security, and overseeing a smooth migration process.
Data Integration and Governance:
MyImaginity's data management expertise has played a crucial role in integrating data from various breweries into a unified and secure cloud platform. Additionally, they have established data governance practices to ensure data quality and consistency.
Data Analytics Implementation:
MyImaginity's data analytics specialists collaborated with AB InBev's team to design and implement data analysis tools and dashboards. These tools enable teams to access, analyze, and visualize data for informed decision-making.
Ecommerce Platform - BEES (Potential MyImaginity Contribution):
While AB InBev developed the core BEES platform in-house, MyImaginity's expertise proved valuable in several areas:
- User Interface (UI) and User Experience (UX) Design: MyImaginity's UI/UX design expertise ensured a user-friendly and intuitive experience for SMB customers browsing and purchasing products on the BEES platform.
- Data Analytics for BEES: MyImaginity's data analytics skills have been applied to analyze user behavior on the BEES platform. This has provided valuable insights into customer browsing habits and purchase patterns, informing decisions such as the implementation of targeted push notifications.
Results:
The digital transformation delivered significant benefits for AB InBev:
- Improved Demand Forecasting: Cloud-based data analysis led to more accurate demand forecasting, optimizing supply chain management and reducing costs.
- Faster Experimentation: Easy access to data facilitated faster experimentation and iteration, allowing for rapid implementation of business process improvements.
- Increased Sales & Customer Satisfaction (BEES):
- Behavioral Insights: By analyzing user behavior on the BEES platform, the team discovered that SMB customers browsed and added items throughout the day but completed purchases later in the evening.
- Data-Driven Marketing: Based on this data, BEES implemented targeted push notifications with relevant product recommendations after 6 PM, leading to a significant increase in sales and customer satisfaction.
- BEES Success: As of June 2021, BEES boasted over 1.8 million monthly active users and captured more than $7.5 billion in Gross Merchandise Volume (GMV).
"It turned out to be a thousand times better than any of our previous strategies or assumptions," said Jason Lambert, SVP of Product at BEES, highlighting the transformative power of data-driven decision-making.
Key Takeaways:
This case study demonstrates the powerful impact of digital transformation and data analytics for businesses of all sizes. By leveraging cloud technology, data insights, and potentially partnering with an IT consultancy firm like MyImaginity, AB InBev optimized its operations, enhanced the customer experience through BEES, and achieved substantial growth.
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