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I	
  Panoratio	
  Big	
  Data	
  Case	
  Study	
  –	
  Web	
  Platform	
  	
  	
  I	
  1	
  
	
  	
  	
  	
  	
  	
  
	
  
PANORATIO	
  
A web platform matching freelancers and
businesses extends its services line-up with
Panoratio
Case	
  Study	
  
	
  
A	
  web	
  company	
  operates	
  an	
  online	
  platform	
  that	
  showcases	
  the	
  skills	
  of	
  qualified	
  freelancers	
  
in	
  the	
  areas	
  of	
  IT,	
  engineering,	
  marketing,	
  finance,	
  and	
  more,	
  so	
  that	
  businesses	
  in	
  search	
  of	
  
these	
  skills	
  can	
  find	
  the	
  right	
  outsourcer	
  for	
  every	
  need.	
  
	
  
	
  
	
  
The	
  challenge:	
  Give	
  managers	
  relevant	
  information	
  to	
  optimize	
  
staffing	
  for	
  current	
  and	
  future	
  projects	
  
	
  
With	
  the	
  growing	
  complexity	
  of	
  business	
  environments	
  and	
  systems,	
  today’s	
  managers	
  need	
  
to	
  draw	
  on	
  a	
  network	
  of	
  skilled	
  professionals	
  to	
  successfully	
  implement	
  their	
  plans	
  and	
  achieve	
  
their	
  business	
  objectives—often	
  under	
  tight	
  deadlines.	
  At	
  the	
  same	
  time,	
  purchasing	
  
departments	
  are	
  looking	
  for	
  ways	
  to	
  cut	
  costs	
  without	
  sacrificing	
  operational	
  efficiency.	
  They	
  
need	
  clear	
  information	
  about	
  the	
  skills	
  available	
  in	
  the	
  market—and	
  the	
  cost	
  of	
  those	
  skills—to	
  
make	
  appropriate	
  decisions.	
  
	
  
	
  
	
  
	
  
 	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  
I	
  Panoratio	
  Big	
  Data	
  Case	
  Study	
  –	
  Web	
  Platform	
  	
  	
  I	
  2	
  
	
  	
  	
  	
  	
  	
  
	
  
	
  
	
  
	
  
	
  
The	
  web	
  company	
  wants	
  to	
  be	
  able	
  to	
  give	
  businesses	
  a	
  comprehensive	
  view	
  of	
  the	
  skills	
  
available	
  in	
  the	
  market	
  at	
  any	
  given	
  time,	
  along	
  with	
  the	
  cost	
  of	
  those	
  skills.	
  It	
  also	
  wants	
  to	
  let	
  
businesses	
  track	
  the	
  trends	
  in	
  these	
  factors	
  over	
  time.	
  To	
  offer	
  these	
  services,	
  it	
  turned	
  to	
  the	
  
big	
  data	
  analytics	
  capabilities	
  provided	
  by	
  Panoratio.	
  
Panoratio	
  lets	
  users	
  generate	
  consolidated,	
  actionable	
  views	
  of	
  vast	
  
amounts	
  of	
  market	
  data	
  
	
  
With	
  Panoratio,	
  the	
  web	
  platform	
  will	
  be	
  able	
  to	
  quickly	
  consolidate	
  all	
  available	
  information	
  
and	
  turn	
  it	
  into	
  easy-­‐to-­‐read	
  charts	
  and	
  tables	
  for	
  decision-­‐making.	
  
	
  
Today	
  the	
  web	
  platform	
  has	
  more	
  than	
  70,000	
  users,	
  including	
  55,000	
  freelancers	
  with	
  
detailed	
  profile	
  information	
  (like	
  skills,	
  project	
  experience,	
  education,	
  location,	
  rates,	
  and	
  
availability)	
  and	
  15,000	
  businesses.	
  All	
  this	
  information	
  constitutes	
  a	
  huge	
  volume	
  of	
  data	
  that	
  
cannot	
  yet	
  be	
  consolidated	
  into	
  comprehensive	
  standard	
  reports.	
  
	
  
Panoratio’s	
  report-­‐generating	
  capabilities	
  will	
  be	
  integrated	
  into	
  the	
  web	
  platform,	
  meaning	
  
the	
  web	
  company	
  will	
  be	
  able	
  to	
  offer	
  the	
  reports	
  as	
  an	
  additional	
  online	
  service	
  to	
  businesses.	
  
	
  
Because	
  the	
  web	
  platform	
  data	
  were	
  incorporated	
  into	
  Panoratio	
  early	
  on	
  in	
  the	
  project,	
  the	
  
project	
  team	
  was	
  able	
  to	
  quickly	
  spot	
  the	
  changes	
  needed	
  to	
  make	
  the	
  data	
  more	
  precise	
  and	
  
relevant	
  for	
  future	
  analyses.	
  
	
  
This	
  data	
  optimization	
  phase	
  is	
  being	
  carried	
  out	
  over	
  three	
  months.	
  It	
  will	
  increase	
  the	
  overall	
  
quality	
  of	
  the	
  web	
  platform’s	
  data,	
  providing	
  a	
  better	
  source	
  of	
  information	
  to	
  build	
  from.	
  
	
  
With	
  the	
  appropriate	
  data	
  analytics	
  and	
  drill-­‐down	
  approach	
  provided	
  by	
  Panoratio,	
  
procurement	
  managers	
  will	
  be	
  able	
  to	
  make	
  informed	
  decisions	
  based	
  on	
  a	
  consolidated	
  view	
  
of	
  the	
  market	
  and	
  detailed	
  business	
  perspectives	
  for	
  a	
  mix	
  of	
  skills	
  and	
  geographies.	
  
	
  
Panoratio	
  extends	
  big	
  data	
  analytics	
  to	
  strategic	
  prospective	
  visions	
  
	
  
Panoratio	
  uses	
  all	
  sources	
  of	
  customer	
  data	
  to	
  provide	
  not	
  only	
  global	
  insight	
  on	
  both	
  multiple	
  
and	
  specific	
  skills	
  such	
  as	
  DB	
  administration	
  and	
  Solaris—but	
  also,	
  and	
  more	
  importantly,	
  an	
  
understanding	
  of	
  the	
  underlying	
  trends.	
  For	
  instance,	
  procurement	
  managers	
  will	
  be	
  able	
  to	
  
see	
  if	
  the	
  supply	
  of	
  a	
  given	
  skill	
  is	
  growing	
  or	
  becoming	
  scarce,	
  especially	
  in	
  a	
  specific	
  region,	
  
and	
  the	
  trend	
  in	
  rates	
  for	
  that	
  skill.	
  	
  
	
  
Such	
  prospective	
  analytics	
  is	
  crucial	
  to	
  strategic	
  decision-­‐making.	
  And	
  it	
  will	
  become	
  
increasingly	
  valuable	
  with	
  time	
  as	
  more	
  data	
  are	
  consolidated.	
  
	
  
The	
  service	
  that	
  the	
  web	
  company	
  will	
  be	
  able	
  to	
  offer	
  businesses	
  thanks	
  to	
  Panoratio	
  will	
  play	
  
a	
  vital	
  role	
  in	
  helping	
  large	
  organizations	
  optimize	
  the	
  relationship	
  between	
  purchasing	
  
departments	
  and	
  other	
  business	
  units,	
  like	
  IT—thereby	
  boosting	
  the	
  organizations’	
  overall	
  
performance.	
  
	
  
	
  
 	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  
I	
  Panoratio	
  Big	
  Data	
  Case	
  Study	
  –	
  Web	
  Platform	
  	
  	
  I	
  3	
  
	
  	
  	
  	
  	
  	
  
	
  
	
  
	
  
	
  
As	
  a	
  result,	
  the	
  web	
  platform’s	
  new	
  service	
  will	
  let	
  IT	
  and	
  other	
  business	
  unit	
  managers	
  
improve	
  their	
  project	
  planning,	
  and	
  empower	
  procurement	
  managers	
  to	
  create	
  an	
  effective	
  
support	
  center	
  for	
  other	
  departments	
  across	
  the	
  organization.	
  
	
  
Panoratio:	
  A	
  true	
  partner	
  for	
  building	
  a	
  value-­‐added	
  customer	
  
service	
  
Panoratio	
  consultants	
  have	
  been	
  working	
  closely	
  with	
  the	
  web	
  company	
  since	
  the	
  very	
  start	
  of	
  
the	
  project,	
  to	
  understand	
  its	
  needs	
  and	
  act	
  as	
  a	
  proactive	
  business	
  partner.	
  The	
  goal	
  is	
  to	
  offer	
  
the	
  best	
  possible	
  solution	
  so	
  that	
  the	
  web	
  platform	
  can	
  provide	
  a	
  genuine	
  value-­‐added	
  service	
  
to	
  its	
  customers.	
  
Panoratio’s	
  iterative	
  approach	
  means	
  that	
  its	
  consultants	
  will	
  build	
  the	
  right	
  solution	
  and	
  
develop	
  the	
  necessary	
  capabilities	
  step-­‐by-­‐step,	
  within	
  the	
  web	
  company’s	
  limited	
  timeframe.	
  
	
  
	
  
	
  
“Building	
  statistics	
  from	
  data	
  is	
  not	
  that	
  complex.	
  
But	
  delivering	
  a	
  true	
  prospective	
  vision	
  based	
  on	
  
historical	
  data	
  is	
  something	
  much	
  more	
  interesting	
  
and	
  difficult	
  to	
  achieve.	
  This	
  is	
  the	
  first	
  benefit	
  we	
  
see	
  in	
  Panoratio,	
  and	
  it	
  will	
  let	
  us	
  provide	
  strategic	
  
market	
  insight	
  to	
  our	
  customers.”	
  

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Big Data Case Study - A web platform matching freelancers and businesses extends its services line-up with Panoratio

  • 1.                                                                                                                                                                                                                                                                                                                                                                                               I  Panoratio  Big  Data  Case  Study  –  Web  Platform      I  1                 PANORATIO   A web platform matching freelancers and businesses extends its services line-up with Panoratio Case  Study     A  web  company  operates  an  online  platform  that  showcases  the  skills  of  qualified  freelancers   in  the  areas  of  IT,  engineering,  marketing,  finance,  and  more,  so  that  businesses  in  search  of   these  skills  can  find  the  right  outsourcer  for  every  need.         The  challenge:  Give  managers  relevant  information  to  optimize   staffing  for  current  and  future  projects     With  the  growing  complexity  of  business  environments  and  systems,  today’s  managers  need   to  draw  on  a  network  of  skilled  professionals  to  successfully  implement  their  plans  and  achieve   their  business  objectives—often  under  tight  deadlines.  At  the  same  time,  purchasing   departments  are  looking  for  ways  to  cut  costs  without  sacrificing  operational  efficiency.  They   need  clear  information  about  the  skills  available  in  the  market—and  the  cost  of  those  skills—to   make  appropriate  decisions.          
  • 2.                                                                                                                                                                                                                                                                                                                                                                                               I  Panoratio  Big  Data  Case  Study  –  Web  Platform      I  2                         The  web  company  wants  to  be  able  to  give  businesses  a  comprehensive  view  of  the  skills   available  in  the  market  at  any  given  time,  along  with  the  cost  of  those  skills.  It  also  wants  to  let   businesses  track  the  trends  in  these  factors  over  time.  To  offer  these  services,  it  turned  to  the   big  data  analytics  capabilities  provided  by  Panoratio.   Panoratio  lets  users  generate  consolidated,  actionable  views  of  vast   amounts  of  market  data     With  Panoratio,  the  web  platform  will  be  able  to  quickly  consolidate  all  available  information   and  turn  it  into  easy-­‐to-­‐read  charts  and  tables  for  decision-­‐making.     Today  the  web  platform  has  more  than  70,000  users,  including  55,000  freelancers  with   detailed  profile  information  (like  skills,  project  experience,  education,  location,  rates,  and   availability)  and  15,000  businesses.  All  this  information  constitutes  a  huge  volume  of  data  that   cannot  yet  be  consolidated  into  comprehensive  standard  reports.     Panoratio’s  report-­‐generating  capabilities  will  be  integrated  into  the  web  platform,  meaning   the  web  company  will  be  able  to  offer  the  reports  as  an  additional  online  service  to  businesses.     Because  the  web  platform  data  were  incorporated  into  Panoratio  early  on  in  the  project,  the   project  team  was  able  to  quickly  spot  the  changes  needed  to  make  the  data  more  precise  and   relevant  for  future  analyses.     This  data  optimization  phase  is  being  carried  out  over  three  months.  It  will  increase  the  overall   quality  of  the  web  platform’s  data,  providing  a  better  source  of  information  to  build  from.     With  the  appropriate  data  analytics  and  drill-­‐down  approach  provided  by  Panoratio,   procurement  managers  will  be  able  to  make  informed  decisions  based  on  a  consolidated  view   of  the  market  and  detailed  business  perspectives  for  a  mix  of  skills  and  geographies.     Panoratio  extends  big  data  analytics  to  strategic  prospective  visions     Panoratio  uses  all  sources  of  customer  data  to  provide  not  only  global  insight  on  both  multiple   and  specific  skills  such  as  DB  administration  and  Solaris—but  also,  and  more  importantly,  an   understanding  of  the  underlying  trends.  For  instance,  procurement  managers  will  be  able  to   see  if  the  supply  of  a  given  skill  is  growing  or  becoming  scarce,  especially  in  a  specific  region,   and  the  trend  in  rates  for  that  skill.       Such  prospective  analytics  is  crucial  to  strategic  decision-­‐making.  And  it  will  become   increasingly  valuable  with  time  as  more  data  are  consolidated.     The  service  that  the  web  company  will  be  able  to  offer  businesses  thanks  to  Panoratio  will  play   a  vital  role  in  helping  large  organizations  optimize  the  relationship  between  purchasing   departments  and  other  business  units,  like  IT—thereby  boosting  the  organizations’  overall   performance.      
  • 3.                                                                                                                                                                                                                                                                                                                                                                                               I  Panoratio  Big  Data  Case  Study  –  Web  Platform      I  3                       As  a  result,  the  web  platform’s  new  service  will  let  IT  and  other  business  unit  managers   improve  their  project  planning,  and  empower  procurement  managers  to  create  an  effective   support  center  for  other  departments  across  the  organization.     Panoratio:  A  true  partner  for  building  a  value-­‐added  customer   service   Panoratio  consultants  have  been  working  closely  with  the  web  company  since  the  very  start  of   the  project,  to  understand  its  needs  and  act  as  a  proactive  business  partner.  The  goal  is  to  offer   the  best  possible  solution  so  that  the  web  platform  can  provide  a  genuine  value-­‐added  service   to  its  customers.   Panoratio’s  iterative  approach  means  that  its  consultants  will  build  the  right  solution  and   develop  the  necessary  capabilities  step-­‐by-­‐step,  within  the  web  company’s  limited  timeframe.         “Building  statistics  from  data  is  not  that  complex.   But  delivering  a  true  prospective  vision  based  on   historical  data  is  something  much  more  interesting   and  difficult  to  achieve.  This  is  the  first  benefit  we   see  in  Panoratio,  and  it  will  let  us  provide  strategic   market  insight  to  our  customers.”