About this Service
Businesses deliver results with effective use of data analytics. Researches substantiate the theory that analytics play a pivotal role in predicting future, anticipating consumer behavior, and foreseeing the emerging market trends. Manufacturers increasingly lean on advanced analytics to anticipate failing machines so that there will be a preventive mechanism to tackle the same. So is the case with successful financial firms to detect and fix frauds. Analytic spend is likely to increase to 60% in 2015 from 40% last year (Source: CMO and Garter). Businesses aspiring to outperform should integrate analytics into their operations and decision making process. This is well reflected in the statement of Marcia Kaufman, COO and Principal Analyst, Hurwitz & Associates, “It is no longer sufficient for businesses to understand what has happened in the past, rather it has become essential to ask what will happen in the future, to anticipate trends and to take action that will optimize results for business.”
Advantage ISR Info Way,Inc.
ISR Info Way,Inc. is on a move to empower businesses so they deliver in performance and revenue fronts. This is achieved by employing proven mathematical and statistical methods and using software tools like SPSS, SAP, and R. Large amount of data, organizational complexities, evolving consumer behavior are the major challenges businesses face today. Besides, new technologies, obsolescent technologies, data explosion, and digital technologies are changing consumer behavior. In these contexts, our analytics services will be of immense help to:
Big Data Analytics
Research indicates that businesses using Big Data Analytics increase productivity and profitability rates by 56% and ROI by 1520% compared to those that do not use analytics.
Today’s channel-surfing customers expect enhanced customer service, reliable product information, and education on various channels. This is what Big Data Analytics helps with:
- Increased cross/up-sell
- Building more loyal customers
- Enriched customer experience on products, lifecycles, and customer loyalty programs
We want businesses to achieve all of the above. Keep it fast and simple by linking data with processes, analytical tools, and visualizations in our Big Data Analytics platform.
Data is a goldmine. Mine it with Isr Info Way, Inc.
Supply Chain Analytics
Global operating systems, increasing pressure on price, and evolving customer expectations weaken traditional supply chain systems. Recessionary economies, rising fuel costs, and shrunken supplier bases act as waste creators in the supply chain. These challenges call for data-driven decisions to derive insights from data. Herein comes the importance of supply chain analytics to:
- Gauge product demand to have required stock or to avoid overstocking.
- Measure vendor performance.
- Provide logistics for wide markets.
- Match supply chain ability with demand.
Be it inventory optimization, logistics & routing, finding anomalies in spend, assessing risk, or gauging vendor performance, supply chain analytics is promising in making supply chains cost and size effective. Supply chain analytics helps in improved forecasting and (S&OP) sales & operations planning. Businesses aspiring for bottom-line results should avail our full project services.
Operational Analytics
Traditional IT management tools relied on raw data that lacked analytical capabilities in the context of today’s ‘big data’ operations. The purpose of operational analysis is to develop robust operational processes by using statistical analysis, mathematical models, and logical reasoning methods to identify and eliminate operational inefficiencies. A long implementation period with little actionable results characterized traditional IT management tools. To address this gap, IT Operational Analytics offers business analytics with data mining, predictive analysis, and aggregation tools for superior performance.
Businesses of all sizes aspire to robust operational execution to stay ahead in competition. Our operational analytics services help businesses in:
- Determining if operational assets perform in line with goals and strategic planning.
- Determining whether the cost of production is in harmony with performance numbers.
- Examining whether current finance/resources are enough to meet strategic goals.
- Assessing cost-effective means to meet customer requirements in line with strategic goals.
- Gaining visibility into business processes.
- Identifying risks and mitigating them.
Retail Analytics
Social media revolution and digital marketing are transforming retail businesses exponentially. Understanding consumer behavior, their preferences, and the factors influencing their purchasing decisions presents ample opportunities for data analytics.
Our solutions include:
- Operational analytics
- Supply chain analytics
- Consumer analytics
- Marketing analytics
- Merchandising and planning analytics
ISR Info Way, Inc. Retail Analytics Solutions enables retail businesses to:
- Understand consumers better
- Forecast demand
- Offer after-sales service
- Create loyal customers
- Compete with e-commerce companies
- Ensure operational efficiency
The market is challenging. To attain market leadership in retailing, retail analytics holds the key.
Ride high with our retail analytics solutions.
Insurance Analytics
Insurance companies will immensely benefit from a mechanism that manages the customer lifecycle from policy purchase to maturity. Identifying ‘which area will give maximum ROI if resources are allocated’ is a key challenge insurance companies face. ISR Info Way, Inc. addresses this challenge through predictive modeling. Predictive analysis applies prospect scoring by considering the following:
- Test data
- Psychographic data
- Survey data
- Purchased data
- Web log data
ISR Info Way, Inc. also applies analytics to tackle macro-level industry challenges such as regulatory norms, technology changes, competition, and consumer preferences by offering solutions like:
- Marketing analytics
- Sales analytics
- Effective claims management
- Profitability analysis
- Risk analysis
- Claims litigation prediction
- Subrogation prediction
Healthcare analytics
Changing healthcare reimbursement models, the emerging pay-for-performance model, and the complexity of big, variable data are driving the need for data analytics in the healthcare sector. Healthcare organizations must handle large volumes of:
- Biometric data
- Human-generated data
- Internet and social media data
- Machine-to-machine data
Data requires pooling, and this is where we provide healthcare data analytics in:
- Patient profile analytics
- Personalized medicine
- Healthcare cost reductions
- Social media analytics
- TPO (Trade Promotion Optimization) analytics
- Service analytics for medical devices
- Fraud analytics
Healthcare data analytics is the key enabler for making informed decisions. It positively impacts patient privacy, ensures compliance, safeguards security, and supports the continuous improvement of tools and technologies. ISR Info Way, Inc. has the resources to provide healthcare analytics for healthcare and life sciences organizations.
Securities & Capital Markets Analytics
Changing banking regulations, coupled with stress testing requirements by regulators, create risks in securities and capital markets. This calls for risk management through securities and capital markets analytics. In such a scenario, ISR Info Way, Inc. addresses industry challenges like:
- FATCA compliance
- Model risk management
- Risk-weighted asset calculation
- Adoption of LEI (Legal Entity Identifier) standards
After identifying these challenges, we offer solutions such as:
- Independent price verification
- Basel capital calculation and reporting
- Meeting LEI regulations
- End-to-end FATCA compliance
- IRB model validation
Manufacturing Analytics
Gain more customers through product differentiation. Manufacturing can be revolutionised through DMAIC (Define, Measure, Analyze, Improve and Control) framework to achieve continuous improvement.
Advanced analytics is highly effective in facilitating workflows by gauging performance, quality output of machines and those who operate the particular machine. Compliance and traceability are the advantages of the same.
Analytics help to analyze and fill the gaps in production activity that has a bearing in the financial show of the producer.
Manufacturing analytics helps in predictive analysis for delivery accuracy.
Analytics helps in reducing total cost of ownership to the manufacturer.
ISR Info Way,Inc. offers services like:
Spent analytics
Retail channel spend analytics
Service analytics
Supply chain analytics
Financial analytics
Manufacturing analytics
Preventive maintenance
Information management
Manufacturers ride high with ISR Info Way,Inc.’ manufacturing analytics solutions.
Consumer Goods Analytics
What customers will buy?
How much they are willing to pay?
Do they use online platform or they go to brick and mortar platform for buying?
What will customers buy? How much are they willing to pay? Do they prefer online platforms or brick-and-mortar stores?
These are the key questions and concerns of executives in consumer goods companies. They handle large volumes of data from social media, cloud, digital, and mobile technologies to gain consumer insights. In this data-intensive environment, consumer goods companies increasingly rely on analytics to make strategic decisions for sales promotion and revenue generation.
Analytics empower consumer goods industries to make informed and faster decisions, build customer loyalty, and gain insights into which stock-keeping units (SKUs) are performing and which are not. ISR Info Way, Inc. Consumer Goods Analytics Solutions help consumer goods industries in:
- Marketing mix optimization
- Trade promotion optimization (TPO)
- Supply chain analytics
- Consumer analytics
- Profitability analytics
If consumer goods industries focus on better quality, enhanced operational efficiency, improved ROI, and increased customer loyalty, they can benefit from ISR Info Way’s consumer goods analytics services.
Marketing mix optimization
Trade promotion optimization (TPO)
Supply chain analytics
Consumer analytics
Profitability analytics
If consumer goods industries are focussing on better quality, enhanced operational efficiency, better ROI, and increased customer loyalty avail ISR Info Way consumer goods analytics services.
Telecom & Media Analytics
Converting increasing mobile telephone traffic into sales! Enormous network data can be leveraged to gain valuable consumer insights through analytics. This involves understanding telecaller behavior as well as analyzing internet browsing, web purchasing, and TV-watching habits.
On the backend, operational analytics help predict data loss and network deterioration, enabling service providers to perform preventive maintenance. To address these challenges, ISR Info Way, Inc. offers analytics solutions that help telecom companies:
- Analyze consumer data to gain a better understanding of consumer behavior, enabling personalized products and services.
- Utilize social media analytics to enhance customer experience and marketing.
- Reduce churn, optimize network performance, and increase ROI.
- Optimize PPC ads.
- Conduct web analytics.
- Offer channel-based ad budget optimization for internet ads.
If telecom and media companies focus on continuous innovation and enhanced operations, partnering with ISR Info Way, Inc. for telecom and media analytics is the key to success.
Energy and utilities analytics
Analytics plays a crucial role in energy efficiency measures—energy saved is energy generated. The industry faces challenges such as increasing energy demand, government regulations, environmental concerns, and the growing need for energy and utilities. In such a scenario, insights on energy consumption and performance are essential.
Keeping this in mind, ISR Info Way’s Energy and Utilities Analytics helps in:
- Identifying consumption drivers.
- Analyzing customer information (new users, existing users, lapsed users), consumption patterns, billing schedules, and payment behavior.
- Cutting down T&D (Transmission & Distribution) loss.
- Adopting technology such as advanced metering, home area networks, SCADA (Supervisory Control and Data Acquisition) systems, and utility field applications.
- Analyzing CRM, billing systems, customer information systems, distributed generation, and demand response systems.
Understanding these challenges, ISR Info Way, Inc. offers solutions such as:
- Demand forecasting
- Customer analytics
- Asset derisking (reducing asset failures)
- Upstream analytics
If energy and utility companies aim to expand their client base, enhance operational efficiency, and cut costs, partnering with ISR Info Way, Inc. for energy and utilities analytics is the key to success.
