Business analytics can help your organization use the large amount of data you have and generate insights that can help your business grow and bring in revenue.
For instance, our analytics solutions can help predict which of your products may in greater demand this season. It can also predict which of your customers may leave you so that you can focus on them.
Analytics involves tracking the performance of an organization based on the the data available using scientific and statistical methods.
Business Analytics helps improve real time decision making by identifying trends and patterns in the data available. This can give useful insights relating to new opportunities, areas of improvement and general trends.
Stages of Business Analytics
Business Analytics can be classified into 3 types
- Descriptive Analytics
- Predictive Analytics
- Prescriptive Analytics
Descriptive Analytics describes the present status of the organization. It analyzes reports, figures and inputs to create a picture of the sales, production, etc. The results are presented in the form of easy-to-understand figures, graphs in a dashboard.
Predictive Analytics extrapolate on the data, identify trends, associations and categories and glean beneficial insights. Predictive Analytics can give a prediction of the sales in the next six month or the probable failure of an equipment.
Prescriptive Analytics generate recommendation and steps to be taken based on the predictive analytics. This is based on factors, such as, the strategic goals of the organization and market trends.
Why choose us
We provide comprehensive and insightful business analytics solutions to companies. We collate data from records as well as from the market and develop models to make predictions on data such as sales, customer retention, industrial data, turnover, etc.
These predictions will help you plan the business ahead of time and be ready to seize opportunities in the market as they present themselves. Over the years, we have provided analytics solutions to numerous companies in India and abroad. Our customers come from a wide range of domains ranging from petrochemical to textiles and information technology.
The solutions we have provided have improved our customers’ business and have helped them improve sales, increase productivity and to optimize processes. We offer end-to-end solutions relating to manufacturing, Human Resources, Energy Auditing, and Finances.