“LatentView Analytics” is a global analytics and digital solutions company that offers various data-related services to businesses. They focus on helping organizations harness the power of data and analytics to drive business growth, enhance customer experiences, and make informed decisions.
Some of the services and solutions that companies like LatentView Analytics typically offer include:
- Data Analytics: This involves analyzing large volumes of data to extract meaningful insights, trends, and patterns. Companies like LatentView Analytics might employ various techniques such as data mining, machine learning, and statistical analysis to derive actionable insights from the data.
- Marketing Analytics: This involves analyzing marketing data to optimize marketing strategies, improve customer targeting, and enhance overall marketing ROI.
- Customer Analytics: Companies like LatentView might help businesses better understand their customers by analyzing customer behavior, preferences, and feedback. This can lead to improved customer segmentation, personalized marketing, and enhanced customer experiences.
- Predictive Analytics: Using historical data to predict future trends and outcomes. This can be applied in various areas, such as demand forecasting, financial analysis, and risk assessment.
- Digital Analytics: Focusing on analyzing digital data generated from online sources such as websites, social media, and mobile apps. This can provide insights into user behavior, website performance, and online campaign effectiveness.
- Big Data Analytics: Dealing with the analysis of large and complex datasets, often involving technologies like Hadoop and distributed computing frameworks.
- Consulting Services: Providing expert guidance to organizations on how to establish and implement effective data analytics strategies and solutions.
- Machine Learning and AI: Developing and implementing machine learning models and AI algorithms to automate processes, make predictions, and provide intelligent recommendations.
Concall Highlights :
Business Performance:
- Return to growth after a slower quarter, with 4.7% sequential and 23.1% YoY growth.
- Company’s efforts resonate well with clients.
- New client wins include a large iconic restaurant and European tire manufacturer.
- Validation of Indian market strategy with a two-wheeler manufacturer win.
- Existing accounts grow significantly, with technology, CPG, and logistics sectors.
- Strong pipeline for growth anticipated in existing accounts and new logos.
Geographical and Vertical Distribution:
- US contributes 96% of revenues.
- Europe targeting 5%-8% contribution by FY ’24.
- Technology vertical leads with 69.2% of total revenues.
- Industrials also show strong momentum.
Challenges and Strategy:
- Risk of Generative AI disrupting data engineering work.
- Acknowledgement of challenges in retail and BFSI sectors.
- Emphasis on longer sales cycles due to external uncertainty.
- Company remains optimistic about growth.
Generative AI and Technology Disruption:
- Potential impact of generative AI on operations and growth.
- Challenges in applying generative AI to structured data.
- Use cases for customer sentiment and review analysis.
- Confidence in growth rate despite new technology.
Europe Business and Growth Strategy:
- Europe revenue decline attributed to existing account’s drop.
- Europe business in reset phase, positive signs with new accounts.
- Challenges due to longer lead times for relationship building.
Verticals and Challenges:
- Positive trends in technology and industrial verticals.
- Sluggish dollar revenue performance in retail and BFSI.
- Investments to address challenges in these sectors.
- Positive performance in existing BFSI accounts, longer sales cycles.
Generative AI and Analytics Landscape:
- Generative AI viewed as opportunity for unstructured data analysis.
- Importance of strong use cases and challenges in generative AI.
- Potential in predictive and prescriptive analytics with Generative AI.
Growth Trajectory and Expectations:
- Positive growth momentum, Q2 growth slightly better than Q1.
- Uncertainty due to longer sales cycles and market challenges.
- Q3 and Q4 growth projections tied to pipeline opportunities.
Margins and Investments:
- Anticipated margin improvement, investments made, rate hike impacts factored.
- 50% gross margin threshold in the US.
- Operates on managed services contract model, efficient resource use.
Strategies and Goals:
- Confidence in investments and capabilities for future growth.
- Focus on relationships, expanding capabilities, and winning logos.
- Aiming to regain lost ground through consolidation exercises.
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