Speak with our Tridant specialists today and unlock the full potential of your data.
We provide data analysis for businesses in the following industries, helping them leverage this information to make data-driven decisions.
Aged Care
Construction
Government
Mining
Transportation
Universities & Education Systems
If you need support to make better business decisions, contact us today.
When starting your data and analytics journey, a crucial early step is to evaluate how your business is currently performing against industry best practices, and where it needs to get to, both in the short and long term.
Performing a comprehensive data and analytics maturity assessment enables your business to measure and set goals that help you begin planning the journey. It's an audit of your current situation and helps identify your business's existing tools, processes, and procedures in its data & analytics practices.
To begin the process, ask yourself:
How effectively do we leverage the data & analytics within our business to inform our decision-making?
Has our leadership team fully bought into the value proposition and journey of becoming a data-driven organisation?
What platforms and software do we currently have in place? Have they been effective?
Do we currently have a data & analytics roadmap in place to help plan our future?
Are we ready to address the change management implications of doing things differently in a data-driven world?
There's a lot to think about. Identifying and collating all these current maturity pointers gives you an idea of your business' level of maturity in business data analysis—and exposes the gaps in your current governance framework.
Big data analytics is an advanced form of analysis that uses complex algorithms and technology to interpret large amounts of data. It enables businesses to identify patterns and trends in their datasets, uncovering valuable insights into customer behaviours, preferences, and other vital metrics. With a better understanding of the intricacies behind consumer decisions, organisations can leverage this insight to make more informed decisions about how they market products or services and drive strategic business objectives such as driving growth or increasing efficiency.
Being able to analyse big data is a powerful tool for your organisation. Large datasets are composed of structured, semi-structured or unstructured information from various sources. These capacities range from terabytes to zettabytes, allowing for highly precise methods that generate valuable observations and aid in pivotal decision-making.
By leveraging data and analytics, a data analytics company assists organisations in making well-versed decisions.
To analyse the existing information, data analytics specialists deploy multiple strategies. Statistical examination, machine learning or predictive modelling to better understand their customer's operations, gaining priceless insights that can help them uncover new opportunities and solve intricate business issues.
With expertise across divergent fields of industries, data analytics companies are well-positioned to guide clients towards greater business outcomes. This is what Tridant specialises in and can assist your business in transforming your data & analytics into actionable insights to optimise your business.
There are many types of data analysis, but some of the most popular ones are:
Descriptive Analytics
Through this type of analysis, data is expertly condensed and explained in a straightforward way, with visual tools like charts and graphs rendering the facts even more comprehensible.
Diagnostic Analytics
Through the use of data mining and additional analysis, this system can identify patterns in data to provide insight into why specific events or results happened.
Predictive Analytics
Using statistical models and other methodologies, predictive investigations can project future events or results from past information.
Prescriptive Analytics
This type of analysis transcends prediction and instead uses optimisation algorithms and other methods to recommend decisions or actions to achieve an ideal outcome.
Cognitive Analytics
By leveraging natural language processing and other cutting-edge techniques, computers can comprehend human communication to facilitate more efficient interactions between people and technology.
When choosing a company to work with, there are several factors to consider to ensure that you select the right one to help give insights into your business problems. Some key factors to consider:
Expertise and experience: It's best to find a data analytics company that is proficient in analytics and has significant experience with the particular area of your sector. This will provide you with the necessary insight and understanding to make informed decisions about your organisation's data management needs.
Tools and technology
Working with a company that has access to cutting-edge tools and technologies for data analysis and the capacity to handle large datasets of intricate complexity will make a massive difference to the outcomes of your data analysis.
Reputation
To get a better understanding of the company's quality and results, take time to research their reputation and gather references from past clients. Read online reviews and case studies. Most importantly, ask around. Word of mouth is still an excellent indication of how a business really operates.
Pricing structure
Take the time to compare the company's pricing with that of other companies, as well as what you are getting for that amount, so you can be confident that you are receiving what you need in a price range that suits your business budget.
Communication and collaboration
When searching for a data analytics team, selecting one that is willing to collaborate with you and provides transparent communication is essential. Moreover, ensure they are dedicated to offering timely project status updates as the project progresses.
All of these factors combined make up a large part of what you may want to research before starting with a new data analytics company.
Most importantly, though? It's the quality of the people you are working with. This comes down to skillsets, industry experience and personality - all of which matter greatly when entrusting your business problems to a new company that you'll be working closely with.
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