Smart business analytics and AI
360° view of retail business with data analytics
Cochez
Industry: Retail & Wholesale
Primary project location: Panama
Cochez is a Panamanian company with more than 60 years in the market, leaders in the supply of construction materials, finishes and hardware. From basic household needs (retail segment) and construction projects (wholesale), offering its customers an omnichannel shopping experience, in digital channels and physical stores.
The results
Efficiently exploiting data with a 360-degree view of the business is a fundamental part of Cochez’s strategy, driving data-driven decision making. The challenge was to find a new technology platform with improvements in cost, capacity, elasticity and integration with the entire data architecture, eliminating the limitations of its previous public cloud solution.
The solution
The power of Data Fusion allows data from various financial, operational, inventory, customer system, human resources and more sources to be integrated, stored and processed in BigQuery in a faster and more scalable way. With Vertex AI, predictive models fulfill their lifecycle in an integrated way, from data processing, predictive modeling and delivery of results.
The challenge
40% cost optimization. Increased efficiency and agility in data exploitation, visualization and analysis. Increased the development of new models based on AI and ML. Extraction, transformation and loading processes improved by a factor of 10X in execution time.
The migration to GCP gave us greater autonomy in our analytics projects and greater control over our infrastructure costs” “BigQuery allows us to exploit data more efficiently, with greater scalability and flexibility (…), we have been able to create a SaaS ecosystem to perform Data Science, and thus find the elements to better satisfy our customers.
Cecilia Arias | Vicepresidente Tecnologias & Innovación y Alex Nazar | Gerente de Business Intelligence
