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Benefits of Posidex products and solutions
Higher ROI and Lower TCO
We have replaced competitor solutions at major customer sites where the customers were facing scalability, accuracy and performance problems with their earlier product that were limiting their business potential and incurring higher costs.
Customer pain points with competitor solutions:
- Customers were required to run multiple deduplication applications. One application was run against positive databases while another against negative databases. In some cases the same application was used but it could not scale to serve both against positive and negative databases simultaneously. Either new hardware infrastructure was needed or dedupe was performed at different time slots against databases.
- Adding more data or additional databases was cumbersome. Running queries were taking significant time slowing down business and in some cases was not possible with large databases.
- Due to high amount of false positives, customers were spending more personnel time validating the results of the query rather than focusing on their business needs.
- There was no control over the degree of matching process. The ease of configuration of parameters for matching was limited and any change in the addition of parameters was cumbersome.
PDQS resolves customer pain points
PDQS removes the problems of scalability, performance and reliability over millions of records. With PDQS customers find immediate resolutions in the following areas:
- Easy to add or remove additional data and databases to the system that allows scaling to millions of records across heterogeneous databases. The data can be live or offline. We have developed advanced search and match technologies to handle high volumes of data being added.
- Run multiple dedupe applications simultaneously on commodity servers. The same application can be run against positive as well as negative databases simultaneously.
- Highly accurate results with less false positives reduce personnel time validating the results and allow quickly identifying, profiling and segmenting their customers at various levels.
- With increased response times, customers could perform as many queries as possible with always changing data that were not possible before. All the queries are saved for later reviewing. This ability is similar to taking multiple snapshots and comparing the change sets to see the difference.
- Our customers have now total control over the matching process by easily configuring the parameters of matching and controlling the depth and scope of the search.
There are many more ways Posidex products and solutions will save time and money while improving productivity. These benefits are both tangible, intangible and sometimes dramatic even transforming the way clients do their businesses.
| Meeting compliance |
Whether it is detecting fraud or obtaining search results, missing any key identity search and match is very costly to companies. Bad information has a negative effect on the entire business processing. Every accurate result against the list of defaulters potentially saves company from unnecessary exposure to legal proceedings. In some cases, our customers indicated that catching couple of frauds from happening was sufficient enough to cover their investment in Posidex products and solutions. |
| Reduce CAPEX and going green. |
Unlike competitor solutions, Posidex software do not require expensive hardware infrastructure. It runs on commodity servers and in most cases existing hardware thus saving space and power consumption in the data center. |
| Reduce OPEX |
Third party benchmarks indicate that Posidex software results show highly accurate information with very few false positives. In some cases, the response time was reduced from days to minutes by deploying our solutions changing the way our customers do business. Other competitor solutions showed a high false positive that needs staff hours validating the results. With Posidex software, clients are spending less time on data validation and focus on meeting business needs and increasing productivity.
By removing duplicate information and profiling customers, clients are now having better customer relationship management. They are able to reduce costs such as invoice billing errors and postal mail costs, and marketing to the appropriate target segments.
Also our flexible software architecture and user configurable interfaces allows users to dynamically configure parameters to suit their business needs all by themselves without incurring additional professional services costs.
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| Improve resource utilization |
PDQS accommodates dynamic addition and removal of databases and query systems that will increase utilization of any idle and scarce resources in IT. |
| Transforming business processes |
Posidex solutions can bring such paradigm shifting value-adds to your business. We witnessed that using our clients have changed the way they do their businesses. Our software has unlocked hidden potentials at some major customer sites that were once thought impossible with existing solutions. With real time search, match and query responses, our clients are servicing significantly higher number of customers with measurable service levels. They are changing their business processes focusing on customer intimacies, operational efficiencies and investing in technological advantages gaining further competitive advantages. |
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