Pareteum Publishes Predictive Analytics and Machine Learning Whitepaper
Using Technology to Increase Customer Engagement and Satisfaction for our Enterprise and TEAX Customers
NEW YORK, NEW YORK – PRNewswire – May 10, 2018 – Pareteum Corporation (NYSE American: TEUM), (“Pareteum” or the “Company”), the rapidly growing Cloud Communications Platform company, announced today that it has published a whitepaper to explain the relevant nature and functionality of Predictive Analytics and Machine Learning and how we apply those technologies to help our customers increase revenue and customer satisfaction through our GCSP solution.
The Pareteum Predictive Analytics and Machine Learning Whitepaper, can be found on Pareteum’s website by clicking HERE.
The Whitepaper explores how the Pareteum Global Cloud Service Platform uses Predictive Analytics and Machine Learning to provide opportunities for our customers to become more efficient, effective and profitable, while also providing a better-quality service or product and a better overall customer experience. The paper discusses:
- The 5 Vs, the primary challenges to finding actionable insights
- The keys to forming data analysis strategy
- Machine Learning in action – i.e. “Alexa” and “Siri”
- How Predictive Analytics quantifies probabilistic predictions
- The keys to using Predictive Analytics – i.e. data gathered through customer loyalty programs
- The 3 components to good data
Pareteum’s Insights Engine can generate actionable insights. Using Insight Input and Output Metrics assists our customers in increasing market and revenue growth. Pareteum’s Insight Engine provides a deep and clear visibility into the end-customer experience and trends which helps to better target the audience, their interests and final results on end-customers with a strong sense of loyalty, significantly enhancing the capacity for successful marketing, improving customer engagement and conversion, revenue growth and reducing churn for our customers.
“Never before has the technology existed in which so much data could be analyzed at a granular level to paint a holistic 360° picture of the entire scope of a business. This provides for opportunities to become real, customer-centric, more flexible, scalable, effective and profitable, while also providing a better-quality service or product and a better overall customer experience. Data science of this magnitude is rapidly advancing into every sector, and its power should not be underestimated,” stated Ali Davachi, COO and CTO of Pareteum.
Hal Turner, Pareteum’s Executive Chairman and Principal Executive Officer, stated, “Pareteum’s Insight Engine is a valuable tool that our customers use to grow every facet of their business. Tracking customer trends, building customer loyalty, and improving marketing focus to refine the customer experience are key factors in building a successful business in our market. We eagerly embrace the upward trend this technology will add to our success and the success of our customers.”
The mission of Pareteum Corporation (NYSE American: TEUM) is to connect “every person and everything.” Organizations use Pareteum to energize their growth and profitability through cloud communication services and complete turnkey solutions featuring relevant content, applications, and connectivity worldwide. Our platform services partners (technologies integrated into our Cloud) include: HPE, IBM, Sonus, Oracle, Microsoft, and other world class technology providers. All of the relevant customer acquired value is derived from Pareteum’s award winning software, developed and enhanced for many years. By harnessing the value of communications, Pareteum serves retail, enterprise and IoT customers. Pareteum currently has offices in New York, Sao Paulo, Madrid, Barcelona, Bahrain and the Netherlands. For more information please visit: www.pareteum.com.
Forward Looking Statements:
Certain statements contained herein constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to Pareteum’s plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about Pareteum’s industry, management’s beliefs and certain assumptions made by management. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Because such statements involve risks and uncertainties, the actual results and performance of Pareteum may differ materially from the results expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Unless otherwise required by law, Pareteum also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made here. Additional information concerning certain risks and uncertainties that could cause actual results to differ materially from those projected or suggested in Pareteum’s filings with the Securities and Exchange Commission, copies of which are available from the SEC or may be obtained upon request from Pareteum Corporation.
Pareteum Investor Relations Contacts:
Chief Financial Officer
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