MWC: Nokia’s predictive marketing tool helps marketers make quick sense of subscriber data

Big data is a great opportunity for companies to leverage for business and marketing decisions, and mobile carriers are sitting on a gold mine of subscriber data, but leveraging that data has been a challenge. Nokia hopes to change that.

The Finnish telecommunications vendor used the Mobile World Conference in Spain on Sunday to add predictive marketing to its Customer Experience Management (CEM) offering. The goal is to give network operators a fuller picture of their mobile subscribers’ service experiences and a window into their likely future behaviour. The information can allow operators to automatically target each customer with the right personal message, increasing revenue and driving customer loyalty.

The challenge, according to Nokia, has been converting customer data from networks, devices and services into useful marketing insights and actions in an automated process. The Nokia solution captures the contextual customer data in close to real-time and segments and targets marketing messages dynamically.

“By combining the power of our existing CEM with information about how people are actually using their devices, operators can create totally personalized marketing campaigns in a fraction of the time and with a sixfold increase in typical uptake,” said Santeri Jussila, head of business product management, CEM & service assurance with Nokia Networks.

The new predictive marketing solution integrates two Nokia applications: CEM on Demand and Mobile Marketing Suite. CEM on Demand analyzes insights from the services, devices, network and care experience, while Mobile Marketing Suite collects data from customers’ devices, assuming customer consent has been given, to predict their buying behaviour and deliver personalized communications. Advanced algorithms predict customer behavior, and automated data processing replaces what was days of work.

Would you recommend this article?

Share

Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.


Jim Love, Chief Content Officer, IT World Canada

Featured Download

Jeff Jedras
Jeff Jedras
Jeff Jedras is a technology journalist with IT World Canada and a member of the IT Business team. He began his career in technology journalism in the late 1990s, covering the Ottawa technology sector for Silicon Valley North and the Ottawa Business Journal. He later covered the technology scene in Vancouver before joining IT World Canada in Toronto in 2005, covering enterprise IT for ComputerWorld Canada and the channel for Computer Dealer News. His writing has also appeared in the Vancouver Sun & the Ottawa Citizen.

Featured Story

How the CTO can Maintain Cloud Momentum Across the Enterprise

Embracing cloud is easy for some individuals. But embedding widespread cloud adoption at the enterprise level is...

Related Tech News

Get ITBusiness Delivered

Our experienced team of journalists brings you engaging content targeted to IT professionals and line-of-business executives delivered directly to your inbox.

Featured Tech Jobs