Outsource Statistical Data Modeling

     
   
 

Introduction


Companies are currently in a period where there has never been such an abundance of new statistical problems and sources of data. There is an acute need for companies to come up with models to put the data into effective use to solve problems. This is where statistical modeling comes into picture.

For instance, models can be built to measure customer satisfaction and customer loyalty. To achieve this lot of factors like value, satisfaction, frequency etc. are analyzed to come up with a Customer Satisfaction Index (CSI). It can also help companies in customer prospecting as well as deciding a better promotional strategy.

 

Our Core Strenghts


We have access to a team of skilled data modeling, tabulation and analysis professionals adept in making business sense out of client's data. They are individuals experienced in finding critical insights into core business strategies and strategic policies. With years of experience in market research behind us, we have perfected the game of data analysis to provide you with the highest level of accuracy in intelligence.

Our expert research and analysis professionals have the required expertise and experience to process and execute your domain specific research & decision support requirements. Examples of complex and high-skilled market research analytic assignments we support include New Product Development & Launching, Improving Existing Products, Trends & Market Share Research, Segmentation & Channeling Research, Forecasting & Predicting Outcomes, and Brand Image, Brand Potential & Brand Positioning Research.

 

Your Benefits


Analytics World analytics team develops statistical models on the existing data sets. With our statistical data modeling services we help companies in prospecting, acquiring and retaining the customers. We also help financial companies in calculating credit scores to determine credit risks.

The greatest plus point of Analytics World data modeling is that we place immense emphasis on producing a picture of the relationship between the input variables and responses which is simple and understandable.

 

Our Process


Data and its accuracy are highly crucial for the success of a statistical data modeling process. It is highly unlikely that data modelling can make error-ridden data accurate, irrespective of how good the data modelling process or the professionals who do this are.

That is why we are involved with our clients right from designing the survey instrument to delivery and collection of data, which we then extract and analyze to come up with actionable recommendations.

Some of the techniques we use in statistical data modeling include regression analysis including logistic regression and survival analysis, multivariate techniques such as discriminate analysis, K-means clustering, and non-parametric methods.

We also use Estimation and hypothesis testing, Frequency / cross-tab / percentage analysis and Forecasting models in addition to Time series & trend data and ARIMA, exponential smoothing.

In addition, we also indulge in continuous monitoring of the performance of the models over time and develop new models when there has been degradation of performance.

 

Tools Used


We use software such as SPSS, SAS, and Excel. SPSS or Statistical Package for the Social Sciences is statistical analysis software. One of SPSS’s important features is its Multidimensional Analysis process that we focus on in statistical data modelling. SAS is business intelligence software we use.

 

Outsource to Analytics World


With statistical data modelling you are aware that at each level there’s a need of specific skills, tools and experience to derive optimum results from the data. If you’re in need of a specialist to model and analyse your data and provide you with accurate and understandable solutions to your problems, outsource your data modelling activities to Analytics World.

With Analytics World, you can expect a long-term partnership for all your research and analytics activities. Get in Touch with us to have our representative contact you immediately!