Business Analytics
These are the best kinds of decisions. They are fact-based decisions. — Jeff Bezos
In virtually every industry, optimisation of key business processes is quickly becoming a vital element in competitive strategy. Identifying the most profitable customers, minimising supply chain disruptions and making accurate forecasts of future performance all require analytics — applying quantitative and statistical models to analyse business problems.
Since many modern organisations are rapidly accumulating terabytes of data on their operations, sophisticated analytics has more potential to release value than ever before. But the promise of business analytics isn’t delivered through technology alone —- it comes from having the right mindsets, skillsets and toolsets interfacing with your organisation.
ThinkTank provides business analytics tools and solutions based on expertise in statistical analysis, data mining, data visualisation and Artificial Intelligence. Our team members have outstanding quantitative skills, but also the ability to speak the language of the business and market they engage with.
ThinkTank are Affiliate Partners with SAS, but can also develop lightweight tools that integrate seamlessly with bespoke systems.
ThinkTank’s Data Fusion solutions combine prediction and optimisation techniques that assist decision makers in today’s complex, rapidly changing business environment. They allow a company to identify threats and opportunities and unearth insights and value hiding inside the growing data mountains.
Business analytics can be applied in a wide variety of areas:-
- Consumer analytics. Identify profitable and desirable customers, reduce churn and get to know your customer base better. ThinkTank can also help with actionable customer analytics and personalisation.
- Supply chain optimisation. Reduce in-process inventory, match demand and supply and optimise pricing.
- Strategic planning. Use statistical models to assess new business opportunities and which products to roll out.
- Human resources. Maximise the productivity of your workforce.
