Business
Challenge:

Optimizing Lab Utilization for Cost Efficiency

Client faced high lab expenses in large-scale training events. TurnB aimed to optimize costs and enhance efficiency through a detailed analysis of lab usage.

TurnB Approach


  • Segmented stages for comprehensive learner engagement analysis during course training.
  • Segmented lab usage process into stages for comprehensive learner engagement analysis.
  • Listed factors impacting lab consumption to focus on elements affecting expenses.
  • Collaborated for additional data points, ensuring a thorough examination.
  • Extracted event data for in-depth analysis, leveraging specific points for studying lab usage behavior.
  • Measured learners who enrolled but didn't launch labs, providing insights for improvement.
  • Used Descriptive Analytics to calculate the proportion of actively utilized labs, comparing actual usage with enrollments.
  • Deep dive into lab launches, completion rates, and duration spent, gauging effective utilization.
  • Evaluated unused lab impact, proposing a new invoice method aligning costs with actual lab consumption.
Approaches background
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Implications

Updated invoice calculation led to a significant 40% reduction in lab expenses, contributing to cost efficiency and increased savings..

 

  • Provided a new perspective on lab utilizaton, enabling proactive steps for more efficient use of educational resources.
  • Measured and compared engagement levels, offering insights for tailoring lab offerings based on actual usage patterns.
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