Analytics

Learn & Act

Many organizations have already jumped into the pool of analytics. Some are great swimmers; others could use some coaching. This is not just true about companies, but about departments within a company.Assessing your existing and planned analytic capabilities is essential in making the right choices. Your solution provider must understand your business well enough to know how analytics will achieve success.Version IT analytics portfolio is unmatched. We have the know-how and industry experience to effectively apply analytics to your situation.

After the data itself, the most important aspect of any analytics activity is the ability to take action. Analytic insight is not valuable if you cannot or do not take action with it. Action to Insight is where all organizations want to be – to enjoy a state of information superiority.

Assessment

Analytics Roadmap

All successful analytics initiatives begin by understanding the business goals to be achieved and the operating context of how to achieve them

Real-time IT support Analytics Tool Implementation

Rarely does a tool come ready-to-use out-of-the-box. Tailoring is usually required to fully leverage the power of the tool and to provide the optimum performance required to provide the business value.

Tool Evaluation

Version IT is a “tool agnostic” company with broad experience with virtually every significant analytics tool in the market today.

Benchmarking

How do you stand when measured against your competitors or peer organizations when it comes to Analytics? What capabilities should you be exploring? Benchmarking compares your organization to a goal, identifying gaps and options to attain the goal.

Reporting

Also known as Business Intelligence, reporting focuses on the question – What Happened?Although often seen as lower level analytics it is essential for an organization to understand themselves. In addition, higher level analytics cannot be conducted if the underlying data cannot be trusted. Data issues that are detected are fixed as an integral part of building a reporting capability.

Version IT Analytics team has the deep experience and professional expertise in the techniques required to successfully implement comprehensive reporting.Some key techniques include:

KPI Definition

Agreeing on the Key Performance Indicators, including how they are calculated, is essential to have a common understanding of what the reports mean.

Data cleansing

Cleansing or scrubbing detects and corrects (or removes) corrupt or inaccurate data from a record set, table, or database. It increases trust in the data.

Data integration

Involves combining data from different sources to provide users with a unified view. Reporting across organization often results in immediate benefits.

UI/UX Design

Ensuring that the resulting reports are useable (UI) and can be integrated with the day to day operations of your company (UX).

Analyze

Reporting provides insight into what happened. Analyzing the data brings insight into how and why things happened. The analysis utilizes many statistical methods, such as clustering, regression and sensitivity, to understand the relationships between data and to learn something new. Other techniques include:

Natural Language Processing

Natural Language Processing (NLP) is the ability of a computer program to understand human speech as it is spoken or written. NLP taps into a vast amount of unstructured data.

Modeling

A model describes the relationships between data variables, usually in the form of mathematical equations. The interaction of these variables generates insight.

Data Mining

The grandparent of analytics, data mining explores data in search of consistent patterns and/or systematic relationships between variables.