Advanced Analytics

Advanced analytics is an umbrella term covering more traditional disciplines such as data mining, time series forecasting and statistical modelling as well as more recent disciplines such as text analytics and machine learning – including deep learning.

A tangible competitive edge across the company

The use of advanced analytics for resolving business issues is relevant across the entire organisation. At EG, we are experienced in resolve issues within the following business areas.

  • Financial management
  • Sales and marketing
  • Supply chain

Advanced Analytics helps you make better financial decisions – big or small

Should you build a new production facility this year? What is the best way to take advantage of the latest currency fluctuations? How can you cut shrinkage at your warehouses?

Whether it is big decisions or adjustments to day-to-day operations, strategic decision-making is stronger and smarter with the help of Advanced Analytics.

In the age of Big Data, it can be hard to sort input like macro-economic indicators, demographics, raw-material prices, infrastructure and shipping rates and know how to use them to help your business excel.

Advanced Analytics will help you turn that data to your advantage, uncovering otherwise hidden correlations.

You can strengthen and improve the basis of your financial decision-making when you use models and calculations to analyse your many, often contradictory, data sources.

If the finance department does not take advantage of the opportunity to lead the way in putting data analysis to work, it will also miss its chance to be a true sparring partner for the company Deloitte, 2014

Predict customer churn and increase the value of your customer interactions

Advanced Analytics helps you quickly identify valuable customers at risk, so you can target them with sales and marketing efforts and use your resources most efficiently. Why not use data you already have to gain insight into your customers' historical and potential patterns of action?

EG's Advanced Analytics lets you:

  • Integrate analysis results into your CRM system, so your sales and marketing teams always have access to the latest predictions
  • Identify and turn around customers who are likely to defect
  • Increase customer loyalty by identifying potentially interesting products and services
  • Create precise, accurate profiles of people or companies who may be interested in doing business with you.
Read more about customer churn (Danish pdf)
Advanced Analytics

Use your equipment, inventory, and personnel more effectively

Advanced Analytics lets you examine every aspect of the value chain and identify the weakest links.

You will be able to optimise, automate and integrate a vast number of mutually dependent "micro-decisions" about everything from ordering and production to staffing and QA.

Use data to lower inventory on-hand while avoiding empty shelves, or to predict future orders so they can be grouped together in the best possible way.

Advanced Analytics can help create tangible business benefits in every area of your production and supply chain management. You can:

  • Make better use of production and logistics resources by determining which items should be produced where, and in what quantities, so that you can ship them all at once.
  • Avoid downtime by implementing predictive maintenance – or by improving your existing solution. Advanced Analytics tools can keep track of usage data and data from sensors and predict machine failure, so you can act proactively.
  • Ensure a more cost-effective use of personnel through production planning that helps you avoid expensive extra shifts on weekends and during off hours.
97 % of top management understands that analysing big data makes it possible to optimise the entire supply chain – but only 17 % have implemented analytical tools to do the job. Accenture Global Operations Megatrends Study, 2014

Strong platforms for Advanced Analytics solutions

  • IBM SPSS Modeler
  • R and Python
  • Azure Machine Learning

Make better decisions based on solid data and analysis.

Benefit from EG's experience with the configuration and optimal use of IBM ILOG CPLEX – one of the market's most renowned tools for prescriptive analytics.

IBM ILOG CPLEX has been the market leader in prescriptive analytics for over 20 years. The tool includes a modelling language for transforming business equations into mathematical problems and various "solvers" that resolve them.

EG's consultants have deep knowledge of ILOG CPLEX and experience with meeting customer challenges across many industries including retail, utilities and production.

Read more about ILOG CPLEX

Make effective, informed decisions based on solid data and analysis.

Benefit from EG's experience with the configuration and optimal use of IBM SPSS Modeler – one of the market's most renowned tools for diagnostics and predictive analytics.

EG's consultants are certified in IBM SPSS Modeler and have many years of experience meeting customer challenges across many industries, including retail, utilities and production.

EG also has a deep understanding of how IBM SPSS Modeler and other Advanced Analytics tools can be directly integrated with, for example, ERP and CRM solutions.

Read more about SPSS Modeler

Get off to a fast and cost-effective start with Advanced Analytics, and benefit from EG's experience with open source tools, R and Python.

Open source-based tools are a great option when you want to get started with advanced analytics, but do not need the comprehensive, preconfigured functionality that is made available by the licensed advanced analytics tools.

Two tools are of special interest here, and EG has extensive experience with implementing and using both of them:

  • R has been available for more than 15 years, and is now by far the most widely used tool for advanced data analytics and machine learning. It can be customised with modules for practically any purpose and it can be integrated to a wide range of advanced analytics tools such as IBM SPSS Modeler and IBM ILOG CPLEX.
  • Python is a proven programming language that is often used for application development. Over the past 10 years, a number of extra modules have been developed (e.g.: SciKit Learn) that make it easier to work with advanced analytics and machine learning.

Both R and Python are supported by a large ecosystem that makes it possible to use the tools in a variety of contexts.

Read more about R and Python

Get off to a quick start with a cloud-based service that makes it easy to build models and use the results.

Microsoft Azure Machine Learning is a great opportunity for companies who want to start analysing data quickly and easily. This cloud-based service gives access to a range of well-documented methods and also provides users with the option of incorporating their own models via plug-ins for R as well as Python.

EG has extensive knowledge of the Microsoft Azure platform and we can either advise you on how to get started on your own in the best way, or we can carry out the actual analysis work for you.

Consultancy, solutions and IT services

  • Consultancy
  • Dynamics 365
  • ERP
  • Business Analytics
  • CRM, CEM & Collaboration
  • Application Services
  • Infrastructure Services
  • Service & Support

Microsoft Dynamics 365 – the platform of the future. Now.

Microsoft Dynamics 365 unifies ERP, CRM and business intelligence on a cloud platform that is always available and always up to date. Dynamics 365 removes the boundaries between systems and gives you immediate access to the latest technology in an agile solution that frees up resources from operations and lets you focus on business value.

Learn more about Microsoft Dynamics 365