Our Services
Data is the new natural resource. It must been seen and used as an asset and not an outcome of business operations. Just like oil or water, for the benefits of these two major natural resources to be leveraged, work is involved. Oil must be pulled out of the ground and processed before it becomes powerful. Likewise, water must be harnessed or processed for the benefits to be realized. Data must be collected and mined for powerful insights to be generated. The goal of any data mining or analytical process should be to produce insights and not just more data! This requires being able to tell a story with the data and to make the insights actionable.
PRedictive analytics
This area of machine learning can truly be a game changer. Anything you have historical data for can be predicted. Whether you are looking to predict which customers will leave, which employees are likely to turnover, what machines are likely to fail and when, which customers are likely to have warranty claims, or which branches are likely to be robbed. The power of today's most advanced algorithms enable us to harness the data and turn the historical data into a window into the future. This new level of insight will enable real time predictions that will allow you to change future outcomes. Unsupervised neural networks, advanced boosted ensembles, random forest, exhaustive chaid, and anomaly detection are just some of the algorithms we leverage to ring the maximum power out of your data. Unlike humans that can only take a few inputs into account for any decision, our advanced algorithms allow hundreds of input variables to be processed and mined to determine which inputs are most predictive of any outcome. GAME CHANGER!
Advanced forecasting
Traditional forecasting in 99% of organizations consists of some form of spreadsheet methodology that has been developed over time. Humans have to take data and try to use some set of historical knowledge to project future outcomes. The most advanced forecasting algorithms such as time series forecasting allow us to build models that can produce individual forecasts on hundreds or thousands of individual items at the same time. These forecasting algorithms also allow a much tighter and accurate model to be generated because each individual time series or item will have the best algorithm fit for that specific dataset. Since these are machine learning models, they will learn and retrain based on each new datapoint. By being able to have a much higher level of precision in forecasting you will be able to make much better informed decisions. This is truly a competitive advantage that can save millions of dollars and add profit to the bottom line.
Text Analytics
We have a deep expertise in the art of NLP (Natural Language Processing) or Text Analytics. 80% of the data being generated throughout the world today is unstructured, and the majority is text. Whether you look to turn customer comments into insights, use this form of artificial intelligence to digest and predict behavior based on comments, or if you want to understand employee sentiment on the most recent engagement survey, we can help. Anything that is in unstructured text can be processed using text analytics to produce a unique level of insights and context that is generally missing from your structured data. Our expertise in turning unstructured text into actionable insights is world class.
Advanced Analytics Strategy Consulting
As data continues to proliferate companies continue to fall behind in getting insights out of this new data. Even the smartest employees will struggle to know what to do with this data simply because they have not been exposed to what is possible. We can help you to develop a short and longterm strategy that will enable you to build a best in class data driven culture.