Data Analytics
Analytics
Organizations today generate large amounts of data from high-volume transactions, call centers, sensors, web logs, digital images and more. The data science is generally divided into exploratory data analysis (EDA), where new features in the data are discovered and confirmatory data analysis (CDA), where existing hypotheses are proven true or false. Qualitative data analysis (QDA) is used in the social sciences to draw conclusions from non-numerical data like words, photographs or videos. The real challenge is being locked in not making timely analysis and respond to this data.
The success of any business depends on meeting big data challenges, while continually improving operational, marketing and delivery efficiencies. Today many companies recognize that they have opportunities to use data and analytics to raise productivity, improve decision making and gain competitive advantage but may lack the skill or the will to do it. Actually mapping out an analytics plan is complicated. You will have to set a strategy, draw a detailed road map for investing in assets such as technology, tools, data sets, human resources and tackle the intrinsic challenges of securing commitment, reinventing processes, and changing organizational behaviour. Big Data sets out the imperative task: to develop a plan that brings together data, analytics, frontline tools, and people to create business value. Only by spending the time to craft a plan can executives establish a common language to focus on goals and on ways of getting started.
At NovaMentis we shoulder that responsibility of helping making those intelligent business decisions by augmenting and integrating data from discrete sources, doing in depth analysis, comparisons, forecasting and deliver the most futuristic visual reports and dashboards which can be interpreted effortlessly at all levels.
We also have the tools and expertise to help you better understand how your different initiatives are performing and provide the insights to engage your audiences more effectively. We help in reducing the risk of single points of failure and eliminating the need to over-provision and underutilize resources.
Across industries, Big data and analytics are helping businesses to become smarter, more productive and better at making predictions and taking intelligent decisions. Analytics will define the difference between the losers and winners in today’s context.
Advantages
A comprehensive suite of services, tools and expert domain expertise blended with intelligent solutions equips the decision makers with the insights needed to make more informed and intelligent business decisions.
An informed roadmap and strategic plans help in dissecting the data and assist efforts to access, share, and manage data, deal more effectively with the proliferation of data collected through various sources by leveraging our tools and data management experts who smartly collect, cleanse, normalize and seamlessly integrate the data.
Overcome the data maze and get the insights you need to analyse performance by automating the delivery of reports and dashboards through Infoveave a data visualisation and forecasting tool or by leveraging our reporting experts to build custom reports and dashboards.
Combining highly detailed quantitative insight with statistical models to discover opportunities for higher performance, greater efficiency, and more valuable customer experiences.
Refer the products section on Infoveave to get more information on the futuristic analytical visual dashboard and forecasting tool.
[/span12] [/row]