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Every CEO, business owner, or entrepreneur has a unique ambition to elevate their business. Although most businesses have clarity about their financial performance, they rarely have sufficient data on their performance in comparison with others in the industry. Deriving comparisons allows assessing your processes and performance measures against leading practices. It then helps you establish internal goals, highlight market opportunities, and recognize competitor weaknesses. Failure to recognize distinctions amongst yourself and your competitors can result in the loss of client base, shareholders, or employees.

Strong benchmarking analytics boosts growth and competitiveness, but many organizations fail to develop and manage strong analytics benchmarking capabilities. In such a case, you should find an expert benchmarking analytics services company like Flatworld Solutions (FWS). Analytics benchmarking is a data-driven process by which we help our clients understand their capabilities in definite and competitive terms. We help our clients identify their competitive edge and maximize their returns on investments by suggesting which resources they should adopt when and how.

Our Benchmarking Analytics Services

FWS is a benchmarking analytics services company that offers a company's performance insights by comparing and evaluating data from similar establishments. We help uncover improvement opportunities and analyze key performance metrics to save costs and increase the effectiveness of your business processes, working capital, and internal controls. Our benchmarking analytics is highly scalable and can be tailored to your specific industrial sector, and as per your size and location. All comparable data is procured from an independent and high-quality database of financial and operational metrics owned by a leading third-party benchmarking analytics service provider. We not only compare data but also interpret it to your potential benefit.

Our knowledgeable and experienced team at FWS gathers data from over 20 different metrics to-

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Conduct the benchmarking analysis.

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Draft the benchmarking analytics report.

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Analyze the report- It includes observations, discoveries, and a detailed list of all metrics used.

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Suggest suitable measures to turn these numbers into real insights that can help strengthen your business.

We conduct a series of surveys to benchmark our client's capabilities in the following areas - Enterprise data strategies, master data management (MDM), data quality management (DQM), data governance, cloud analytics, AI capabilities, investment models, data and analytics organizational structures, analytics technologies, and data security.

We understand your current state and identify relevant opportunities to drive growth by analyzing whether your IT spending is aligned with your performance and value goals. We also understand the market competitiveness of your service contracts and provide necessary market insights for contract renegotiations, if any. To help achieve this, we offer -

Internal Operations Benchmarks

Internal Operations Benchmarks

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IT and Budget Baseline

We offer cost control strategies and focus on value creation via employee productivity, customer retention, and competitive advantage.

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New-CIO Baseline

We provide a new CIO baseline to understand and identify your focus areas and provide ways to measure the impact of your strategies.

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Applications Cost, Staffing, and Productivity

By assessing the productivity and cost-efficiency of your applications, we enable you to demonstrate the value of IT spending and prioritize future spending.

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Infrastructure Cost and Staffing Efficiency

We understand and compare the performance of your IT network, storage, and infrastructure and offer cost optimization opportunities for your business.

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Security Risk, Maturity, and Spending

We assess the efficacy of your security budgets and execution to regulate the investments/initiatives that are essential to achieve acceptable risk tolerance even in the future.

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Customer Satisfaction

We measure IT efficiency and effectiveness by evaluating end-user satisfaction with IT services. We allow you to prioritize efforts and optimally use your resources to improve future satisfaction levels.

Market Perspective Benchmarks

Market Perspective Benchmarks

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Market Price Baseline

We provide valuable insights into operational efficiencies for your business. We offer cost reduction strategies by understanding the competitive market price ranges for your services, thereby, effectively showcasing the value of IT to your business.

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Contract Price Competitiveness

Attain the best value and efficiencies from an outsource benchmarking analytics services providing company like us. We carefully assess the price competitiveness of a provider's contract against its peers in the industry.

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Service Catalogue Rates

We help you to make informed decisions about cost efficiencies by ensuring that chargeback unit prices match up to the market and other internal providers.

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Market Cloud Baseline

We analyze the market maturity for cloud solutions and ensure marketable competitiveness for your business.

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Business Effectiveness

We identify appropriate breakthroughs to align the IT organization with the enterprise to optimize value and results for your business.

Our Benchmarking Analytics Service Process

Our benchmarking reports identify tangible steps to design an action plan. We provide suitable recommendations and set out an implementation plan for your business. Our process combines data from digital sources and interviews. Data is entered into our repository and is analyzed with the peer companies/leaders within and across industries. For a business or an IT function, we provide you with a customized report within 5 to 6 weeks.

Outputs from the benchmarking report are used to form up a vision that is based upon strategic priorities, ROI to develop a roadmap for your business. The detailed process flow includes -

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Kick-off Connect

A60-minute workshop that covers your benchmarking objectives, benchmarking respondent identification, and establishing key contacts

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Benchmarking Survey Design

Benchmarking survey is administered to the identified stakeholders for IT areas that cover cloud, analytics, digital, and security. The survey is administered via email or in-person/zoom calls and the responses are collected through CAWI or CATI approach

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Execution and Analysis

A60-minute call that covers interviews and questionnaire-based data collection from CIO, cloud analytics, digital, and security leaders as applicable

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Benchmarking Report

The benchmark report walkthrough is conducted in person for the sponsor and the team. It includes observations, key benchmark findings and highlights areas of excellence and improvement. The report also includes a list of all metrics used as part of the benchmarking analysis. We then invite you to have a deeper conversation with us about how we can turn these numbers into real insight that can help strengthen your business. By looking at the output report, you also get a better understanding of how your company compares with its peers in key measures. We also provide you with opportunities to improve the effectiveness of specific business processes including your existing internal controls framework

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Portfolio Analysis and Strategy Development

We provide a detailed report and anonymized data to your strategy/roadmap development team for implementing an effective action plan for your business. Our benchmarking team is available for further support and discussions 24/7 for you

Why Outsource Benchmarking Analytics Services to Flatworld Solutions

Navigating through the fast-changing business environment requires agility and fresh thinking. We at FWS reinvent how we work, live, and play and try our best to provide top-class benchmarking analytics services to our clients. Here's why you should choose to outsource benchmarking analytics services to FWS -

Industries We Cater To

As industries converge, they create new value and opportunities for business. Benchmarking in analytics helps gain insights into your business. We help organizations identify and capitalize on these new opportunities. We offer benchmarking analytics services to the following industries -

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Media & Entertainment

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Restaurants

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Education

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Information Technology

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Software Development

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Human Resource

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Insurance and Tax

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Healthcare

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Finance

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Manufacturing

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Supply chain and Operations

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Biotechnology

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Sports

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Construction

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E-commerce

Client Success Stories

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FWS Provided High-quality Research Services for a Chinese Company

Accurate and reliable primary research services were delivered to a reputed Shanghai-based firm. Our researchers provided valuable insights in no time.

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FWS Provided a Range of Research Services to a Private Air Travel Firm

A Californian air travel firm required robust and reliable primary and secondary research services. We provided the required services at cost-effective rates.

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Success Stories

Outsource Benchmarking Analytics Services to Flatworld Solutions

FWS is a global benchmarking analytics service provider. The insights and quality services we deliver help businesses build confidence and trust in the capital markets and economies in the world. We fulfill our promises made to all our stakeholders with the help of our outstanding leaders. We have worked with numerous clients ranging from start-ups to multinationals across all sectors and industries in over 124 countries to meet their challenges. We are world leaders in recognizing and supporting entrepreneurs to market their ideas through our tailored services and programs. Our benchmarking analytics services are powered by over 1 million data points that include our primary research and data collection capabilities. With access to world-class talent, infrastructure, software, and technology, we quickly gather data to address industry-specific needs.

So, if you are looking for a reliable, trustworthy, and efficient, benchmarking analytics services company, contact us now to get a demo and free quote.

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Alcon
ARI
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