Analytics
“Without big data analytics, companies are blind and deaf, wandering out onto the web like deer on a freeway.” ― Geoffrey Moore,
What is special about data analytics?
When you keep data, you can use it later to learn about concepts you were previously unaware of.
You can determine how frequently an event occurs by using historical data. The most crucial thing is that you need a platform that can store your data and almost consider a utilization strategy.
Your concerns will be addressed piece by piece by us. With the help of your local employees, we can assist you with extracting your company’s data and organizing it in a way that makes business analytics practical.
Industries
Banking
Education
Insurance
Retail and CPG
Healthcare
Ecommerce
Analytics areas we cover
Predictive
What could happen in the future?
How your business will look in the future will not be any different from its current condition if you can’t understand what is going on now to decide what you must change to be successful in the future.
Descriptive
What happened?
Your system is storing a lot of data, but it is not making any changes to your success story if you don’t know what happened. Sometimes what happened was good for you, but you can’t repeat it to be more successful.
Prescriptive
What is the most suitable solution?
Sometimes you can have a specific problem; after asking yourself what has happened, you will probably get an answer. The most important point of using this type of analytics is to make the best decision for your business.
Diagnostic
Why is this happening in your business?
As you know, everything has a cause and effect. What is important is that you can use your data to know why this is happening to your business so you can further discuss what to do as a solution. Different factors need different kinds of reactions.
Business analytics
Your data differs from that of your rival. Even though you both sell the same goods or services, your customer types, sales, profits, and demographics may differ from those of your competitor. Keep in mind that the solutions we have for you are compatible with your goal; the only tricky part is figuring out how your data supports your strategy.
Benefits of business analytics
Perfect decisions
As is common in every aspect of life, having clear insight determines the quality of your strategic decisions. The more information you have, the more accurate your decisions will be. Your business’s success depends on your strategies, which can be marketing strategies, sales strategies, or time-based strategies.
Decreased risk
Even some of the large companies don’t have any idea how things are going in their businesses. They only feel something when the profit decreases or increases, when their sales drop, or when their customers quit. They don’t know why. So using business analytics is a helpful way to know why and to specifically point out what is going on.
Helps change product
Knowing more about the market helps businesses launch new products that have higher demand in the market. On the other hand, if you know more about items that consumers will no longer use, it is easy to stop importing or producing those kinds of products.
know your business
It’s simple to manage your business because of analytics. You can know which department is doing intensive tasks, which products have higher demand, and you can hire new employees or introduce new tools. You can take care of your business, employees, production, and so on.
Monitoring & Evaluation
We examine the overall business strategy, and, if the data is not applicable or even prepared in a way that makes it useful, we try to propose a solution with the senior managers.
We strive to do several research, such as feasibility studies and SWOT analyses, before conducting business analytics. Using such studies as the foundation for our conclusion, we work to apply the most practical business analytics technique. Using monitoring technologies, we keep track of each step of the analysis of your company’s data and make an effort to assess the outcomes.
