Your Professional Data Consultants
Use the data accumulated by your business to your advantage! Our team will help you properly utilize this information, increase sales, decrease costs, improve focus, and drive you toward success. Contact us today.
Data Acquisition
Your business can acquire data in many ways. There are internal data sources such as sales data, manufacturing processes, marketing surveys, and human resources. There are also many external data sources. Market transactions, national and global population statistics, and partner/competitive data are traditional sources, but valuable information can also come from social media, internal email, and corporate, academic, and government reports. Bringing together a wide variety of data sources requires finding the hidden relationships within the data and combining data available to anyone with proprietary data, resulting in unique intellectual property that can be used to inform your decisions.
Data Visualization
Once you have the data, it’s important to visualize it in a way that makes it comprehensible. The display of data should quickly point out trends, abnormalities, and other insights that deserve attention. Data visualization helps provide an understanding of how significant previous activities and decisions led to the results as measured by the data. It becomes possible then to theorize how decisions might have differed with the greater knowledge gained through the visualization of the data.
Data Feedback
With the right mix of data on display, your business can start to gain valuable insights that were unavailable previously. However, this new data has to prove itself. Actions taken based on data insights provide feedback into the data model. That feedback makes your data better, which makes decisions based on that data better. That’s how data can make your business more efficient. More profitable.
Data Success
Decisions based on quantifiable data should be reproducible over time. The data model should allow new data sources and decisions made in additional domains. Success is built on success. As the insights gleaned from the data lead to better decisions, the data becomes more trustworthy. Having trusted, quantifiable data allows for better risk management and the ability to accept new business and projects.
Data Automation
At some point, you may be willing to let the data inform systems that will make business decisions on their own. These automated, intelligent systems (aka “bots”) benefit from the wisdom of the feedback provided by prior data-based decisions. Via machine learning, these bots can give feedback to customers online, classify applications, and perform transactions. Your business benefits from enhanced customer service, better business decisions, and faster transactions.
Data Consultancy
Forefront Information Strategies has the experience and skill set to help your business become more efficient and profitable. We bring together your data to provide a unique resource for your business. We ensure the data is reliable and the wisdom it gives is persistent over time and in different domains. Forefront builds success upon success, so you can trust your data to provide value for you and your customers.