LS Digital Launches DataQuark: Revolutionizing Data-Driven AI Solutions for Businesses

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LS Digital unveils DataQuark, a new business unit focused on harnessing data to enhance AI readiness and drive measurable outcomes for businesses through advanced analytics and strategic partnerships.

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LS Digital Unveils DataQuark: A New Era in Data-Driven Business Transformation

LS Digital, a leading digital business transformation company, has launched DataQuark, a strategic business unit aimed at revolutionizing how companies harness data for AI readiness and measurable outcomes

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. This move represents a significant step in the company's mission to empower businesses in the digital-first world.

The DataQuark Approach: Collect-Collate-Activate

At the core of DataQuark's strategy is the structured 'Collect-Collate-Activate' (CCA) methodology

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. This approach transforms fragmented data into actionable insights, enabling brands to make confident, data-driven decisions. The process involves:

  1. Collecting data from multiple sources, including websites, apps, CRM systems, and social media platforms.
  2. Collating the data in a centralized data lake to eliminate silos.
  3. Activating the data through AI-powered tools for generating actionable insights.

AI-Driven Insights and Real-Time Optimization

DataQuark leverages advanced AI and machine learning techniques to uncover hidden patterns in data, driving marketing strategies and product development

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. A case study involving a prominent Indian life insurance company demonstrated the power of this approach:

  • Implementation of a custom ML model integrating multiple data sources
  • Processing of 39 distinct parameters for precise customer segmentation
  • Improved lead quality, effective product personalization, and decreased acquisition costs

Ensuring Data Privacy and Compliance

In an era of increasing regulatory scrutiny, DataQuark places a strong emphasis on data privacy and compliance

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  • Adherence to global standards like GDPR and India's DPDPA
  • ISO 27001 (ISMS) compliance
  • Use of blockchain-enabled data clean rooms for secure data sharing
  • Implementation of encryption techniques and access control mechanisms

Strategic Partnerships and Advanced Solutions

DataQuark's offerings are bolstered by strategic partnerships and advanced solutions

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  • DigiVerse: Provides a unified view of media and operations
  • Partnerships with Aqilliz, DataMorph, and VWO
  • Leveraging Google Cloud and Meta partnerships for cutting-edge AI technologies

Four Key Services Offered by DataQuark

  1. Marketing Data Infrastructure: Integrates first-party data with advertising platforms
  2. Business Data Infrastructure: Connects various business functions using data lakes
  3. AI & ML Solutions: Delivers actionable insights and predicts business KPIs
  4. Data and AI Readiness Services: Ensures organizations are prepared for AI adoption

Leadership and Vision

The launch of DataQuark as a standalone business unit underscores LS Digital's commitment to redefining data interaction in an AI-driven economy

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. Prasad Shejale, Founder & CEO of LS Digital, emphasized the importance of harnessing data's full potential in today's digital-first world

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Vinay Tamboli, appointed as CEO of DataQuark, highlighted the unit's role in building a powerful ecosystem that integrates AI-driven solutions, advanced analytics, and strategic partnerships to help brands break data silos and accelerate innovation

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As businesses continue to navigate the complex digital landscape, DataQuark aims to provide the competitive edge needed through data-driven insights and AI-powered solutions, marking a new chapter in the evolution of digital business transformation.

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