Ramyam Intelligence Lab: Delivering Next Best Actions for each and every Individual Customer

Date:   Tuesday , December 15, 2015

In this customer epoch, the CEM (Customer Experience Management) industry is on an unprecedented rise and recent studies have suggested that engaging customers by providing continuous and superior customer experience will surpass price and product to become the key differentiator by 2020. Proving the trajectory of recent study, a recent research revealed that majority of customers are willing to pay more for better customer experience. Today\'s over-informed customers expect organizations to proactively address their individual needs, wants and goals. However, most CEM companies still dwell within a small circle of website, loyalty, churn and campaign management type of point solutions. Ramyam Intelligence Lab, the Bangalore based Enterprise CEM company, dives deep into the domain to empower its clients to continuously engage every individual customer as an asset and not merely a static number, owing to the holistic customer base engagement and experience management capabilities of its product enliven CEM.

Enliven CEM Looking towards an upward rise in Revenue, Customer Advocacy, Productivity & Loyalty
With the comprehensive profile for each customer created from three dimensions namely demographic, transaction & interaction data, which may be instructured & unstructured form, Ramyam guides clients to streamline their offerings by delivering the next best actions based on individual customer\'s behaviours and needs while making the relevant to location and time context.The integrated enterprise product integrating with all the systems at customer\'s site, sends these recommendations and personalizations directly to business applications and various touch points to enable clients to act upon instantly. The overall customer experience is monitored by a built-in virtual account managerto cater all customers, even if they are in millions.Despite having Big Data as the underlying technology, Ramyam doesn\'t act as an analytics company and definitely not as another CRM company.

We promote Customer Delight and stand by what we say; we improve customer loyalty, advocacy, productivity and revenue by automating CEM process across business processes with reinstated measures of validation, explains MV Balasubrahmanyam (Balu), Founder & CEO, Ramyam Intelligence Lab. Using actionable analytics, Ramyam derives insights, launches actionability across preferred touch points (SMS, email or website) and monitors customer\'s reaction for the given actions. Besides addressing customer\'s concerns at real-time, Enliven CEM also helps in making relevant meaningful engagement decisions by holistic customer profile building across multiple channels and multiple attributes.

Predicting the Dawn of Customer Era
While working in a telecom product company, Balu and Kiran Lakkapragada (Co-Founder &COO) noticed that the service providers are spending millions of Doallrs in automating their existing procesess, but still the end customers are unhappy about the services and products. Precisely predicting the dawn of customer centric era in 2009 itself, the duo built an Enterprise CEM platform in 24 months, with sheer focus on measuring and enhancing customer experience by not sampling and surveying but with data. Incepted at a time when this was an unheard concept with no established player, convincing clients was a Herculean task for Ramyam. However, showcasing Enliven CEM\'s capabilities with pilot projects and customized prototypes addressing the specific pain areas of the customers helped it to not just acquire top notch customers and channel partners around the world but also $5 million in order book value, not to mention the plethora of awards and recognitions. After filing for patents in India and U.S. in 2012, Ramyam built solutions and services around the product to cater diverse verticals.

New Mountains to Climb
Ramyam trains its people on diverse attributes with an in-house Talent management framework named RILiable, for achieving customer advocacy, being champion of colleagues & ambassador of the organization. They obtain technical trainings on the current and futuristic areas they are working on. With clear cut organizational levels, engineers grow into architects and managers further getting trained to grow into executive levels. The company that anticipates swelling its headcount from 80 to 150 within next 18 months also has set out a target to reach a revenue of $10 million in next one year and $30 million in two years. Although Ramyam already has channel partners in numerous countries including U.S., Singapore, Belgium, Malaysia, England, Italy, Slovenia, South Africa, UAE and Philippines among others, it aims to open its offices in U.S. in next six months and in Middle East, Singapore & Europe in the juncture. Ramyam plans to take a bold new step in the areas of data monetization, Actionability as a Service and IoT based customer engagement to facilitate its clients to understand and serve their customers much more effectively.

Panel:

Key Management:

MV Balasubrahmanyam, Founder & Chairman


Leveraging 28 years of experience in raising investments, strategizing organizational growth and executing turnkey projects across diverse verticals and geographies, Balu spearheads Ramyam. He has successfully absorbed threemergers & acquisitions both at company and product levels.

Offerings:

Product: enliven CEM\'built on patent pending technology helps in customer engagement, personalization, campaigning, solving shocks & difficulties, addressing network & service issues and device based cross-sell & up-sell among others.

Verticals:Telecom, Retail, Banking, Travel, Healthcare and Automotive

Offices: Bangalore with channel partners across USA, Middle East, Europe, UK and Malaysia among others

Clients: Wipro and some of its customers,US Healthcare and Telecom customers through another big System Integrator, Marquee Online Grocery, Ticketing, Medical and Fashion eCommerce companies in India.

Achievements:

  • Nasscom lists Ramyam in many areas like Enterprise BI, Customer Analytics and Customer Lifecycle Management, in their Indian Analytics Products Report released during October, 2015.
  • Forrester ratedRamyam as Hot Emerging Indian Business Technology Vendors To Watch In 2015
  • In 2014, enliven CEM has moved from Dark horse to Exemplars as per NASSCOM and Frost & Sullivan in their third series of Product Excellence Matrix (PEM)
  • In 2014, Ramyam got recognized as Research Lab by Ministry of Science and Technology, Govt of India
  • In 2013, Deloitte poised enliven CEM as an emerging trend in its BPM 2020 report
  • Partner of 8th Loyalty Summit 2015and many more