A proof of concept was created for a large motor club to identify trends present within the organization's data and attempt to build a model to predict costly members and analyze potential changes to membership offerings.
A large motor club recently revamped its data warehouse and the organization was seeking ways to maximize its data assets. The roughly 250 unique data points that were collected on every roadside assistance call presented a high volume of high-quality information to the organization. The motor club was challenged in its ability to easily leverage the data it had. More specifically, the organization had concerns regarding abuse and extreme cost within a subset of its customers and sought to analyze their data to identify the members misusing the roadside assistance offering.
The proof of concept advanced algorithm increased the optics into existing members who are problematic and assigned them a risk rating for action to be taken.
The engagement aimed to help answer important questions regarding members’ usage of the network such as:
A proof of concept advanced algorithm for identifying problematic users at a point in time was developed using additional features. This increased the optics into existing members who are problematic and assigned them a risk rating for action to be taken.
Additionally, a what-if analysis allowed the organization to see, at a glance, the financial impacts to multiple dimensions of their service offering to determine potential changes in their membership benefits.