Predictive Analytics – Data driven decision making!
Predictive Analytics extends beyond “reporting the past” and provides relevant insight into what is to come, and how best to expend resources to achieve optimal results.
The key to achieving the most from your Predictive Analytics initiatives lies in employing the correct planning, design, and analysis techniques. Elite Analytical Solutions has extensive experience in this field in a variety of industries and applications:
- Segmentation – Identifying segments with strong (or weak) potential to achieve a desirable (or non-desirable) outcome
- Pricing Applications
- Lifetime Value
- Fraud detection
- Price elasticity and price optimization
- Campaign Analytics / Optimizing campaign spending
- Improve direct marketing response
- Up-selling and cross-selling potential
- Credit Analytics – Predicting profit/loss or the likelihood of defaulting
Elite offers a broad array of forecasting services for improving the operational performance of your company. Whether you need an outsourcing partner to develop and run your forecasts, or just need help in improving your existing forecasting process, Elite can help.
Elite has experience in several key forecasting applications such as:
- Sales forecasting
- Accounts Receivable and bad debt forecasting
- Demand forecasting
- Maintenance forecasting for manufacturing applications
- Item-level demand forecasting
Elite has considerable experience helping firms extract the most knowledge from their existing data resources.
Data Mining encompasses a broad array of tools and techniques, with the goal of harnessing relevant and actionable insights from your data.
Elite has successfully helped many customers mine through the large complex data structures, highlighting previously unknown data patterns relevant to key business objectives.