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                                                                                  Predictive Analytics:

               
                                                Predictive Analytics involves a wide range of mathematical                                                       formulas that is derived from a variety of data to find the best decision in                                              a given situation. It is the competitive edge that a company can use to increase                                                their ROI in steep manner. It is the decision science that takes out the guesswork                                            and uses proven scientific guidelines to make the right decision in the shortest time.


                    What kind of questions does it answer?

         Who are most likely to respond to your offer?
         Who are most likely to Charge-off?
         Who are most likely to stop using your service?
         How much money a customer will spend on your product?
         Which transaction is going to be a fraudulent one?
         Which products should be shelved together?
         Which insurance claim is a fraud/abuse or overpayment?
         What resource should I allocate at a certain time?
      

      What are the benefits?

         Better understanding of customer behavior enable you to
            make the best decision at any point of time
         Reduction of business risk and increase ROI.
         Detection of abnormal patterns in purchase, application,
            claims, transaction etc saves you from huge loss
         Faster decision and better decision
         Better customer service
         Most profitable customer can be identified easily and served
            accordingly
         Reduce Direct Marketing Cost
         Give you the ability to better target your marketing messages
         Help you successfully reach hidden markets

 

      Why should you choose our company for the service?

         We have long success history
         We have been serving multiple Fortune 500 clients over the years
         We excel in many techniques. And, we are not limited by one tool or technique. We believe each problem             needs to be taken care of in a unique way in its own right. We also believe every small percent increase             in performance can save millions of dollars. So, we try several techniques to find the best solution

         We have a wide range of domain expertise. Whether it is financial, retail, telecom, insurance or health we             have experience in working with each of them. We also are not afraid to take new challenges with             whatever industry you work for.

         We know where you can apply the predictive analytics. Over the years, we not only made our clients             knowledgeable but also learned a lot from them. We listen to you until we are on the same page.

         We don’t take your job just as another project. We take it as a quest. We allocate specific resources, and             direct contact persons for you.

         We have partnered with companies who are leading players in global market. So you can feel relaxed.

         Whether you are new to predictive analytics or experienced, we value you with high respect and             we will work with you to achieve your goals

         We don’t just give you an answer of a question and disappear. We provide a solution, and we provide             support afterwards. We also provide training for your in-house teams to take over the control of the             project.

         We are good in team-work. We have worked in mixed-team environment lot of times.

      What are the steps we follow for the service?

         Identify the business problem
         Identify the data sources (e.g. credit history, transaction, demographic data, catalog data, real state data             etc ) that can be used for this problem.
         Make building sample and validation sample carefully
         Explore data, find valuable factors, derive new variables, find interactions
         Build Predictive model, Fine tune it
         Validate Model
         Deploy model


      Industries we work for:

         Financial Corporations & Bank
         Retail Industry
         Insurance
         Telecom
         Health

 

      Tools that we have expertise on:

         SAS & Enterprise Miner
         SPSS & Clementine
         Matlab
         Affinium
         C 4.5
         Minitab
         Insightful Miner
         Genetic Predictive System(GPS)
         Salford CART
         Xeno
         Fair Isaac Preditive Modeling Analytic System
         Polyanalyst

 

      Data sources we have worked with:

         ACE
         IRS
         CRMI
         PRIZM
         SMACS
         Abacus
         Acxiom
         Infobase
         Survey Data
         Application Data
         Retail Transaction
         RealProperty Data
         TrendView from Experian
         Credit Bureau Data from EFX, XPN & TU

      Some of the techniques we use:

         Decision Tree
         Neural Network
         Linear Regression
         Logistic Regression
         Entropy Maximization
         Naïve Bayes
         Genetic Algorithm
         Cluster Analysis
         Factor Analysis
         PCA
         Variable Reduction Techniques
         Automated Target Relation Plot
         Coarse Classing
         Bootstrapping
         GAM
         Boosting & Bagging
         Multidimensional Scaling (MDS)
         Isomap
         Product Association



      Credit Scoring:

      If you already have a model that you want to use for credit scoring, we have resources available at all levels       to help you in that.

         Appropriate data pulling
         Data Format conversion
         Model conversion for different platform
         Model Coding from model specs
         Variable transformation
         Scoring
         Ranking
         Applying Marketing/Application or other Cuts
         Providing final list of prospects

      We have experience in handling a wide range of platforms. We also can provide onsite resources to work for       you.

 



      Cross/Up Selling:

      We can help you in selling complimentary (Cross Selling) or additional (Up Selling) products to specific       customers considering their past behavior. Cross/Up selling increases customer loyalty and reduces churn       and thus increases ROI. It decreases marketing cost by many folds. Various data-mining techniques       (Modeling, Customer Segmentation, Product Association, Hypothesis test etc) are used for this service. We       use the outcome of those techniques to find the best cross/up selling product offer to match your customer’s       current needs.

 



      Customer Profiling:

      “Know Your Customers” – this slogan is the simple truth behind success of many business. Unless you       acknowledge different types of customers, you cannot make right product offer, and also you cannot design a       right marketing campaign.

      We identify the appropriate data sources (e.g. – transaction history, demographic information, family       structure, ongoing campaigns, seasons etc) and use them in customer segmentation. By using clustering       techniques, ISOMAPs etc we create different groups of customers and identify each group’s behaviors,       purchase pattern etc. We do this customer profiling from many different perspectives so that you get an all       around view of your customers behaviors. We completely acknowledge that there are many trivial results       data mining techniques might return. And, we also acknowledge your business objective is not just to use       fancy techniques, rather find where the money is.

      Our value adding customer profiling service will give you the insight that you need to take appropriate       actions. We also offer dynamic profiling so that you get the updated grouping at different point of time.

 




      Market Basket Analysis:

      Market Basket Analysis usually deals with the problems of finding which group of products customers are       more or less likely to buy given that they bought certain group of products. The same techniques can be used       in other fields too-

         Better resource/channel allocation by analyzing telephone call patterns
         Detecting abnormal credit card purchase pattern
         Identifying fraudulent claims in insurance
         Better shelving of products in retail    

      We use differential Market Basket Analysis to eliminate huge volume of trivial results. Thus the result we find       is value adding and insightful. Also, the techniques we use works fine to identify pattern with a sequence of       items spread over time.




      Loyalty/Churn Analysis:

      Customer loyalty is Key to any business. But, in this global market competition is too intense. Always your       competitor is working on giving a better offer than you. Whether you are in       Telecom/Insurance/Financial/Healthcare industry, you will notice your customers hop on every opportunity       they get from others. Thus churn rate is really high now. And, no business can afford to ignore this fact.

      Our value adding churn analysis determines the probability of a customers leaving your business and       accepting the offer from your competitor. We also segment your clients in different groups based on their       churn probability and show you the factors causing churn. Thus you can take actions to address these issues       to reduce churns. Also, you can use this information to make custom offers for different groups of your       customers.

 


 

      Time Series Analysis:

      Time Series data often arises when monitoring industrial process or tracking different business metrics. Time       series analysis identifies time-dependent trends such as – seasonality, noise level etc in data streams that       can represent useful business factors, behaviors of customers, development in market etc. This allows you to       analyze the relation between various parameters in history and predict the future fluctuations.

 



      Data Visualization:

      Proper data visualization is a crucial aspect that requires special attention. Whether it is for the purpose for       predictive model building or presentation or reporting or process monitoring, selecting the right kind of factors       and right kind of graphs or tables is very important. Data visualization poses at least 3 challenges –

        Extracting the right factors and selecting the right combination of them
        Selecting right kind of visualization tool (e.g. graph or table or other tool, what kind of graph etc.)       
        Automating the process of graph or table drawing

      We have a whole range of tools to help you in overcoming the above challenges. Some of the examples of       our tools are –

                     Data Exploration tool - helps to filter out unnecessary variables by providing lot univariate metrics,                         statistical summary, data quality summary (number of missing, zero etc) and also correlations with                         specified dependent variable. Clustering tool – groups similar type of variable in one group and                         also provide metrics to help you to select the best variable in the group   Univariate Graph Tool –                         in predictive modeling project, one of the difficult tasks is to be able to visualize the relation of                         independent and dependent variable along with other statistics in one place. We provide one                         button solution for you to do that. Our tool provides automation that generates univariate graphs                         along with page index and labels which is ready to print and take to your meeting-

                     Clustering tool – groups similar type of variable in one group and also provide metrics to help you                         to select the best variable in the group  

                     Univariate Graph Tool – in predictive modeling project, one of the difficult tasks is to be able to                         visualize the relation of independent and dependent variable along with other statistics in one                         place. We provide one button solution for you to do that. Our tool provides automation that                         generates univariate graphs along with page index and labels which is ready to print and take to                         your meeting-

 

 

                     Performance Tool – this tool helps you to create a whole range of performance graphs from simple                         performance data.



 

                        You can load your simple performance table in Excel and this tool provides one button solution to                         compute all kinds of performance metrics and graph them. It makes the tedious task to compare                         performance of different models or performance of same models on different dataset really easy.

                        We are a big fan of Edward R. Tufte, the guru of data visualization techniques. And, we believe it                         is right combination of science and arts that it takes to visualize data in effective manner.

 




      Text Mining:

      Every day an organization is generating huge volume of Data. And, an estimated 80% of this is in the text       form. Unfortunately, most of this text information is never used to gain better insight into the customer       behavior or any other business decision making purpose. This form of unstructured textual data is difficult to       analyze with the existing toolset an organization uses.

      But, the good news is - with correct set of tools and experts we can help you to uncover hidden patterns,       relationships, and trends in text which otherwise would be totally untapped. If you have lot of -

               Articles
              Reports
              Surveys
              Call center notes
              E-mails
              Web chat
              Other types of unstructured text documents
       
      our text mining service is guaranteed to give you better control over your organization’s information sources.

      Some of the benefits that you can get using text mining are –

              Improve the performance of predictive models by using this untapped information
              Nice summarization of huge volume of text
              Categorization of articles or body of text for better organizing purpose
              Extracting specific types of articles you are looking for from a huge number of articles
              Extract concepts, relationships etc from unstructured data
              Improving customer service by analyzing call center notes
              Identifying fraudulent claims
              Analyzing customer feedback

 


 

      Web Mining:

      Data mining techniques have enabled businesses to uncover valuable insights from sources where they       never looked before. For lot of business, webpage works as an important gateway between customer and       that business. Data footprints left behind during a customer’s visit to that websites can be highly important.       For example-

              Geographic area of a customer from the IP address
              Browsers used
              Local time the customer visited the site       
              Amount of time customer spent in the website
              Entry and exit page
              Click path
              Data Collected through forms or dialogue boxes
              Feedback left

      can be used to create customer profile and preference matrix.  

      Our web mining service can help you to convert this information into the tools and measures for customer       loyalty and strategic business decisions.

 




      Reward program Analysis:
      

      
Designing a creative and effective reward program, launching it at right place at right time, understanding       the impact of it in sales and customer loyalty is no trivial task. Many businesses jump into the reward       campaign without understanding all the factors involved and often misinterpret the result of the campaign       which could incur big losses.

      Using the long experience and the power of data mining tools, we can help you in the reward program the       whole way. Our in-depth analysis use result from the current reward program, any past transaction history       that is relevant, seasonality factors, demographic information, differential factors, competitor campaign etc to       show you the money.

 



       Report Automation:

      Surprisingly enough, attending meetings and making PowerPoint presentation for that encompasses many       work hours every week for lot of employees in big companies. Pretty much every company has the big name       software. But, still when it comes down to the report and presentation for the meeting, employees have to       deal with coding, deriving, formatting etc which takes ridiculous amount of time. And, usually, the information       in a report comes from several incompatible data sources which cause more issues.

      We are here to help you in increasing the efficiency of your employees, and give them the chance of spending       time on something more valuable than cut/paste/formatting and such. Here is why you should chose our       company in helping you with report automation –

              Experience with wide number of platforms  
              We generate report in your familiar Microsoft Powerpoint/Excel/Word, PDF or whatever other format                  you specify  

              We have expertise in connecting many different software and data sources in the process of report                  generation. For example- if you need some data coming from script running in Microstrategy, some                  from Oracle, some from Teradata, some from SAS code running, some from Excel, some from flat text                  etc we can easily create a ONE BUTTON solution for you. So all you will do is just click on Report                  generation button, and our automation tool will call/run all script in all the software you need to use,                  access data from different data sources, and automatically create nicely formatted tables, Graphs,                  titles etc in Microsoft PowerPoint for you to just take the report directly to the meeting. We also                  provide templates for you so that you can change the formatting of the report easily just in one place                  and next time you click the button, it outputs in the new format you specified in the template.    

              We also accept project with challenging deadline
              We work with your team closely so that there is no communication gap
              We already have lot base code and templates for report automation which speeds up project                  completion time by many folds   This service is so effective and useful that we are helping                  fortune 500 companies for many years in different line of business in improving their efficiencies. So                  don’t wait, contact us now.




      Training:

      Our custom training package can get your in-house data mining team a jump start. We offer cost-effective       solution and flexible schedule. Whether it is on a data mining software packages, or data mining techniques       or data mining solutions or mixed track we are here to provide the very best. Please email or call us to know       the details about our training offers.

 


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