Monday 30 November 2015

Why that business will not fail like others



There is no one reason for business failure.

There are many reasons why businesses fail.

But, making inaccurate business decision is the hired assassin of businesses this day.

For business to succeed this day, she must possess the habit of making proactive, knowledge-driven decisions.

Every business that must succeed must value insightful information like;
»» the common characteristics of customers who buy the same products or request for the same services. This will help in accurate MARKET SEGMENTATION
»» which customers are likely to leave your company and go to a competitor. This will help in predicting CUSTOMER CHURN
»» which transactions are most likely to be fraudulent. This will help in FRAUD DETECTION
»» which prospects should be included in advertisement to obtain the highest response rate. And what each individual accessing patronizing your business is most likely interested in buying. This will help in MARKETING (DIRECT AND INTERACTIVE)
»» what products or services are commonly purchased together. This will help in MARKET BASKET ANALYSIS.
And many more useful information.

The good news is 80 percent of businesses have useful raw data.

However, raw data by itself does not provide much information. In today's fiercely competitive business environment, companies need the service of an experienced dependable statistical consulting firm like DSK Statistical Consult Limited to help them turn their terabytes of raw data into significant insights. This will help in marketing, investment, management strategies and drive other transactional decisions. And empower companies with an entirely new form of competitive armament.

DSK STATISTICAL CONSULT LIMITED will help your business unlock the hidden potential of your data and deliver actionable insights.

Your organization don’t just need a business analyst, but statisticians that specialize on predictive analytics because building the predictive analytics solution with resources with less statistical knowledge will lead to less accurate models, wrong understanding of business problems, wrong interpretation of the results, and other problem that would lead to wrong business decisions.

When it comes to Predictive Analytics, irrespective of the size of your business, contact DSK STATISTICAL CONSULT LIMITED.
Our team is experienced in working with many Data Mining tools, including; SAS, SPSS, R, and so on.

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»»Statistical Data Analysis and Interpretation
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