Data and Analytics

Data and Analytics

Openmind Data and Analytics practice uses information as a strategic weapon to transform businesses; embeds analytics in operational systems and business processes to help companies realise the true value of their data; brings deep functional knowledge that accelerates the generation of domain-specific insights from information & analytics and employs advanced, well-tested, technologies to address challenging problems for our clients.

Our services helps clients to:

  • Increase revenue
  • Improve customer experience and loyalty
  • Optimise operating and capital efficiencies
  • Lower costs
  • Institutionalise an analytics capability

Openmind has capability to respond to a series of trends that are creating tremendous new opportunities for companies to create value through data and analytics – big data, non-traditional data, information synthesis, sophisticated analytics and visual insights.

We address these trends by involving a well-defined process of using analytics to identify opportunities for value creation, demonstrate quick wins and scale solutions to meet the needs of the business. We first define challenges and develop hypotheses and models iteratively to refine them. These refinements would be done through targeting quick hits and pilot tests. After that we establish sustainable analytics automated processes by enabling frontline users with analytics recommendations. And then following the success of existing initiatives, we develop markets or use them in a new business units.

We draw upon multiple tools and techniques:

  • Data collection and profiling
  • Statistical methods
  • Computational methods
  • Insights and recommendations
  • Emerging techniques