Analytics report
We provide Insights to Business data analytics, data integration, methodology and more for your business
What is Business analytics
Our business analytic services help
Descriptive analytics
Interpretation of historical data and KPIs to identify trends and patterns. This allows for a big picture look of what happened in the past and what is happening currently using data aggregation and data mining techniques.
Predictive analytics
Uses statistics to forecast and assess future outcomes using statistical models and machine learning techniques. This often takes the results of descriptive analytics to create models that determine the likelihood of specific outcomes.
Prescriptive analytics
Uses past performance data to recommend how to handle similar situations in the future. Not only does this type of business analytics determine outcomes, but it can also recommend the specific actions that need to occur to have the best possible result. This is often achieved using deep learning and complex neural networks.
Diagnostic analytics
Focuses on past performance to determine which elements influence specific trends using drill-down, data discovering, data mining, and correlation to reveal the cause of specific events. algorithms are used for classification and regression.
Why your company need Business analytics
Business analytics is the tool your company needs to make accurate decisions. These decisions are likely to impact your entire organization as they help you to improve profitability, increase market share, and provide a greater return to potential shareholders.
Business Analysis plays a vital role in every organization. Today; analyzing business requires creating documentation, identifying areas for improvement, and organizational change. It is important in strategic planning and developing various policies that enhance an organization. Allon Consulting Inc provides you the very best expertise on Business Analytics
Benefits of business analytics
Business analytics also allows your organization to test new marketing campaigns. Since BA provides you with data surrounding customer behavior, you can better understand the effectiveness of your advertising campaigns on different audiences and demographics. Also, when you’re able to identify that the customer is less likely to return, you can consider offering targeted promotions to gain their business back. When you utilize BA to your advantage, you’ll have a competitive edge over the competition — no matter your industry.
