Today's big data and analytics efforts bring welcome relief to banks, insurance companies, healthcare agencies, non-profits, and other organizations that have habitually struggled with finding the most profitable customers and then selling to them. A new set of analytics reports can move these companies forward in connecting with their best customers. According to a research by Fractal Analytics, banking users are struggling in an industry where 40% of cardholders are inactive and 60% are unprofitable. Banks want to increase spending in its existing credit cardholder base, so that it can implement customer analytics framework that was once targeted at improving first-hand understanding of these customers' needs. Once the bank understood who its most profitable customers were, it developed a "genomic" understanding of how these customers spent their money and found that insurance and food expenses were among the leading "spend" categories. This enabled banks to plan and target promotions built around these major spend areas. By doing so, banks increased its value per customer while decreasing expenses on marketing campaigns, likely because the campaigns were better targeted. To know more about this go to: http://www.techrepublic.com/article/genomic-analytics-build-sales-by-finding-your-most-profitable-customers/ .