|Our Analytics Edge|
|Analytics in Government|
To start, a ICRA Sapphire analyst will ask about your business and the problems you face. Over the course of a few days, the analyst will develop mathematical models to apply to your problems.
Our analysts will work with your business to understand your pain points and study your available data sources. Using a proven process, we will build a BI solution that analyses and reports meaningful interpretations of the data. When the process is done, you will have answers and high-level explanations for the discoveries that can help you work on your business strategy. And, no, you don't have to go thru the rigorous math underpinning the revelations - unless you want to.
Typical Implementation Process
The ICRA Sapphire analyst will test the models, ask more conversational questions and refine the systematic approach.
Along the way, we use state-of-the-art toolsets:
|Data Collection: The analytics team identifies and assimilates the data elements that speak to your issues and explores statistical scenarios.
|Data Warehousing & Reporting: Data for an analytic study comes from disparate data sources and has to be collated (possibly from 1,000’s of spreadsheets and many different databases), corrected (e.g., resolve inconsistencies, align assumptions) and put into a form suitable (e.g., merge keys). We then apply industry benchmark Business Intelligence tools to analyze the data from your transactional systems and use visualization tools to create reports you can use again and again.
|Analysis & Interpretation: We use statistical tools to interpret historical data so we can build behavioral and predictive models
|Deliverables: Once the final model and its key benefits are set, we create a software solution that gets results.|