Data is the lifeblood of business: it drives every function in the enterprise. Hence organizations across the world are looking at ways to improve performance from data and analytics.  Mckinsey reported that organizations that invest in data see a 6% increase in profits and EBITDA increases of up to 25%. Research by MIT found that digitally mature firms are 26% more profitable than their peers. According to Forrester, organizations using data effectively are 3X times more likely to achieve double-digit growth. 

However, very few business enterprises are successful. A Harvard Business Review study in 2017, reported that just 3% of the data in a business enterprise meets quality standards. According to Experian Data Quality, bad data costs 12% of the company’s revenue. Gartner says that, 80% of data and analytics programs do not deliver business outcomes. A McKinsey reserach found that, less than 20% of the companies have achieved analytics at scale. According to IdAgent, over 60% of companies go out of business within six months of experiencing a cyberattack.

So, how can a business enterprise avoid data and analytics failure and deliver business results that is measurable? To address these challenges DBP (Data for Business Performance) Institute is a data, analytics, cybersecurity, and AI Consulting, Education, and Research firm, that helps organizations securely leverage digital,  data and analytics for business results.  Clients from Vietnam to Netherlands to Canada/US have hired DBPI for 3 main reasons.

1.Expertise: DBPI offers proven expertise in Digital, Data, Cybersecurity, & Analytics tailored to each client’s needs and maturity. DBPI has a network of senior consultants from partner firms with different skill types.
2.Execution: DBPI offers maximum leverage to its clients with outcome based pricing model, We put our money where our mouth is and charge you based on what YOU achieve. 
3.Excellence: DBPI helps its clients improve the revenues by 3% to 6% with ROIC (Return on Invested Capital) of ~30%. Our prices are about 80% cheaper and our solutions are delivered 5X times faster than our competitors.

“​​​​​​​​​​​​​​​Analytics is asking questions to gain insights from data to measure and improve business performance.”
Dr. Prashanth Southekal
Founder and Managing Principal
DBP- Institute (DBPI)
Dr. Southekal with CIO of Xenon Arc 
Murali Penubothu in Seattle, US
Dr. Southekal with VP, Murat Genc and
Sr.Director Yusuf Abbasi of Whirlpool
 in Benton Harbor, US
OUR STORY
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DBP-Institute (DBPI) was founded by Dr. Prashanth Southekal in 2012. ​​Dr.Southekal is a data, analytics, cybersecurity, and AI consultant, author, and professor.  He brings in over 25 years of Information Management experience from over 80 companies, has trained over 4,000 professionals, and is the author of 3 books. He founded DBPI with an objective to provide high-quality business results in a cost-effective manner using digital, data, and analytics.

NOTE:

What is the significance of purple color on DBP's website? In the world of business, purple is linked to professionals who can blend business acumen (blue) and technical (red) skills to yield business results. We, at DBPI, understand business, data, and technologies to deliver improved business performance.
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Here is Dr. Southekal’s interview with Steve Rosvold, CEO of CFO-University on how data, analytics, and AI can deliver improved business performance for finance and business. Incidentally, this video was the most-watched video in CFO-University's website in 2020. 

Why does DBPI exist? DBPI is driven by purpose and values.

DBPI's mission or purpose is to be the first option for SMEs (Small and Medium Enterprises) businesses to create their data, analytics, cybersecurity, and AI future with best-of-breed (vendor neutral) solutions. 

Our “SPICE” values are  Simplicity, Passion, Integrity, Commitment, and Excellence. Watch this video on the 3 key reasons to hire DBPI​​.​​
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So, want to become a data driven business? Please contact Dr. Southekal to get started.