Advanced Analytics
Leverage data assets for better decisions & better
offerings with Covalense
To accelerate innovation and build new paths amidst continuous market shifts, businesses need to access and process data at high velocity and large scale. Further, there is a need to align right services with right use cases to prevent integration and governance costs as data analytics shifts to cloud.
At Covalense, we build frameworks that design, model, align, execute, monitor, and tune decision models and processes in the context of business outcomes. We enable you to leverage advanced data architectures and analytics to mine the large enterprise data and obtain actionable insights for better decision-making.
OUR SERVICES
Covalense Global - Powering the Foundation of Your Data Strategy
Make sense of the archival or historical enterprise data using descriptive statistics such as measures of central tendency, dispersion, skewness, and correlation using descriptive analysis. Transform the large amount of data related to operations, sales, inventory, finance, and customers to understand past patterns and take better future decisions. Our analytics practices include:
![Advanced Analytics dashboard with person](https://www.covalenseglobal.co.nz/wp-content/uploads/2021/04/Advanced-Analytics.jpg)
![Diagnostic Analytics](https://www.covalenseglobal.co.nz/wp-content/uploads/2021/04/DiagnosticAnalytics_img-2.jpg)
A root-cause analysis approach, diagnostic analysis employs statistical tests such as hypothesis testing to identify the factors driving underlying patterns or changes in the historical data. Such diagnosis enables businesses to predict and control the future behaviours and occurrences of events. Our analytics practices include:
Empowering organizations to be more futuristic, proactive, agile and resilient, predictive analytics provides understanding of past trends and patterns and uses that information to predict future outcomes using the latest real-time data. Predictive analytics employs methods such as regression analysis, CHAID decision tree, K-means clustering, linear discriminant analysis, and econometric time series modelling using machine learning and deep learning algorithms. Our analytics practices include:
![Prescriptive Analytics charts infographs](https://www.covalenseglobal.co.nz/wp-content/uploads/2021/04/pAnalytics_img-2.jpg)
![Pescriptive Analytics infographics](https://www.covalenseglobal.co.nz/wp-content/uploads/2021/04/pescriptiveAnalytics_img-2.jpg)
A next-gen analytics approach that handles millions of decision variables, alternatives, and constraints with appropriate optimization technologies to suggest most effective actions or recommendations to achieve specific business objectives. We develop optimization engines that enterprise problems into optimization models. Our prescriptive analytics practices include:
Covalense analytics and reporting solutions provide a highly effective snapshot of business activities and related performances across functions and industries. We provide sophisticated visualizations of business KPIs and trends to generate action-oriented insights. We build customized interactive report applications that are instant, actionable, and accessible for all layers and all levels of your business. Some of the analytics and reporting services we provide are:
![Data Visualization & Enterprise Reporting](https://www.covalenseglobal.co.nz/wp-content/uploads/2021/04/dataVisualization_img-2.jpg)