Worldpay Obtains Big Payback on Big Data Analytics
公司规模
Large Corporate
地区
- America
国家
- United States
产品
- WebFOCUS Professional Server
- App Studio
- Portal
- Maintain
- InfoAssist
- iWay DataMigrator
- iWay Big Data Integrator
技术栈
- Hadoop
- Oracle
- Mainframe System
实施规模
- Enterprise-wide Deployment
影响指标
- Cost Savings
- Revenue Growth
- Productivity Improvements
技术
- 分析与建模 - 大数据分析
- 应用基础设施与中间件 - 数据可视化
- 分析与建模 - 实时分析
适用行业
- 金融与保险
适用功能
- 销售与市场营销
- 商业运营
服务
- 数据科学服务
- 系统集成
关于客户
Worldpay is a payment processing and technology provider headquartered in Cincinnati, Ohio. The company has 3,300 employees and $1.68 billion in annual revenue. Worldpay offers a variety of payment services through point-of-sale software vendors, financial institutions, value-added resellers, and independent sales organizations, which amounts to approximately $842 billion in payment volume. The company ensures a healthy revenue stream by carefully pricing and re-pricing its customers, which entails adjusting pricing terms based on total transaction volume and other variables. For an industry leader like Worldpay, pricing customers is no small task. The company has nearly 800,000 merchants and processed 23 billion transactions last year.
挑战
Worldpay, a payment processing and technology provider, needed new reports, dashboards, and analytics capabilities to leverage its expanding big-data lake and related resources. The company discovered that many of its customers want to analyze their transaction level payment data and it has marshaled substantial resources to facilitate these requests. From the world’s largest retailers to small mom-and-pop merchants, Worldpay is leading a transformation in the payments industry. The company has nearly 800,000 merchants and processed 23 billion transactions last year. To improve its pricing capabilities, Worldpay’s Data and Analysis Insights team use WebFOCUS to visualize and populate domain-specific objects from a Hadoop data lake. Their big-data environment, which utilizes a distributed storage architecture, has lowered the cost of managing transaction data from more than $6,000 per terabyte to about $500 per terabyte.
解决方案
Worldpay selected the WebFOCUS business intelligence (BI) and analytics platform from Information Builders to aggregate its data; create portals, dashboards, InfoApps, and reports; conduct what-if analyses on virtually any type of data set, and visualize the results in the form of detailed pricing analytics; and generate active financial statements containing In-Document Analytics – all with complete and integrated data governance and metadata management. WebFOCUS directly accesses Worldpay’s Hadoop platform, along with other back-end databases, such as flat files on a mainframe system and an Oracle data warehouse that contains structured data. To utilize all this information, Worldpay created a merchant portal that includes user-friendly dashboards, histograms, pie charts, reports, and InfoApps™. InfoApps are reusable analytics modules that help users at the point of decision. Unlike traditional, rigid, tabular summaries and columnar reports, InfoApps facilitate self-service queries with thousands of permutations.
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