Get a Competitive Edge With Ascend’s Predictive Analytics Consulting
For businesses, uncertainty is inevitable. What if you knew what was going to happen before it happened? When it comes to predicting the future, Ascend Analytics provides accurate forecasting & predictions for both short-term & long-term planning.
Our Predictive Analytics Consulting practice provides the intelligence businesses need so they can make informed decisions with more certainty about their business futures.
How predictive analytics is changing businesses globally
Predictive Analytics has proven to be highly beneficial for different business functions within organizations such as marketing, human resource, finance, & operations. Post pandemic, businesses are more inclined towards mitigating risks & saving resources to maximize profitability.
At Ascend Analytics, we equip your business with Predictive Analytics Consulting so that you can make better-informed decisions based on close-to-accurate forecasting & future changes in trends. Ascend’s Predictive Analytics gives you the right tools to catch & make important course corrections to stay one step ahead of the competition.
Our Approach to Predictive Analytics
The digital world has fundamentally changed how people and organizations think, act, and operate. Elevating analytics from sensing and reacting to predicting and proactivity will be fundamental to success in this new environment.
- WITH ASCEND ANALYTICS’ PREDICTIVE ANALYTICS CONSULTING CAPABILITIES, ENTERPRISES CAN SEE TRENDS BEFORE THEY HAPPEN.
- DRAMATICALLY DECREASE THE RISK ASSOCIATED WITH THE EXPENSIVE BUSINESS OR OPERATIONAL DECISIONS.
- MAXIMIZE WHAT COMPANIES ALREADY KNOW AND DO WELL.
Predictive analytics Insights
The total amount of data is expected to reach 59 ZB. (Statista)
Stored data is doubling every 4 years. (IDC)
By 2024, streaming data and analytics infrastructure will increase fivefold. (GARTNER)
We work with companies to design predictive analytics models that can offer insights into customers, product development, market trends, and more
Churn Prediction:
Retaining customers is way cheaper than finding new ones. When there’s so much competition out there
for every customer, it can be hard to find a new business when things aren’t going well. So rather than
letting them slip away and spend tons of money trying to find more customers, later on, we analyze your
current clientele for any red flags. If we find anything suspicious about them, we’ll notify you immediately so
that you’re able to quickly create a plan to keep them from leaving before they do!
Customer Segmentation:
Different types of customers want different things. But what if you could find those types? Wouldn’t it be
easier to provide them with what they want? Segmented marketing campaigns are fifty percent more
successful than unsegmented ones because they understand who their customer is and know how to
speak to them. With tailored user personas, companies will have an idea of what they need before they
even come looking for it – which makes everything easier in the long run.
Lifetime Value Optimization:
Predicting lifetime value begins with a solid prediction of how much money your customer will bring you. It
doesn’t matter what kind of business you’re running if it has no potential to make money. When we use
accurate data and predictive analytics, we’re able to get our numbers right every time – giving you a great
return on investment.
Dynamic Pricing:
Setting optimal prices is key to the success of any business. It’s important to remain up-to-date on changes
in the market and keep customers happy – which can be difficult! Dynamic pricing is a great way to find the
perfect balance between profitability and customer satisfaction. Ascend Analytics’ dynamic pricing solution
uses machine learning to automate price optimization, so you don’t have to waste time manually adjusting
them when the need arises!
Ascend Predictive Analytics Consulting for Businesses:
Predictive Analytics in Manufacturing
Traditional systems and processes in the Manufacturing Industry are also increasingly moving towards digitized methods which enables them to collect data from multiple points in the manufacturing process. With Ascend Analytics Predictive Analytics Consulting Services, your manufacturing business can achieve operational efficiency & optimization with in-depth visualization of your entire process.
Manage Inventory
By helping you reach the right data, Ascend’s Predictive Analytics Consulting practice helps control inventory to see which raw materials to stock & replenish, all in real-time.
Optimize Machinery
We help you keep track of your manufacturing lines & machinery health with granular reports to see production, wastage, breakdowns, & maintenance records. With Ascend’s Predictive Analytics, you can predict & prevent breakdowns to prevent loss and save up on potential repair costs.
Control Entire Supply Chain:
We enable you to get visibility on the forecasts & optimize your procurement process to prevent stock-outs. Manage supply & demand with predictive analytics which enables your business to see potential future trends & changes in customer behavior, logistics, raw material, weather, & other external factors beyond your control.
Predictive Analytics in Healthcare
Traditional systems and processes in the Manufacturing Industry are also increasingly moving towards digitized methods which enables them to collect data from multiple points in the manufacturing process. With Ascend Analytics Data Analytics Services, your manufacturing business can achieve operational efficiency & optimization with in-depth visualization of your entire process.
Improve staffing by optimizing shifts & reducing appointment no-shows. Using predictive analytics can prevent around 4800 patient no-shows per year, saving your hospital or clinic thousands of dollars in lost revenue & provide speedy access to care to other patients
Use vast amounts of patient data to improve processes & patient experience, predicting the onset of diseases & illnesses
Predict the possibility of epidemics or pandemics by studying trends & changes on a local & global scale
Predictive Analytics in Quick Commerce
Post pandemic, the food & grocery delivery industry has seen a sharp rise and is expected to reach $15 Billion in 2023. Due to the growing competition, businesses are increasingly moving towards the latest technology to stay ahead of the curve & provide customers with a superior experience.
Ascend Analytics uses Predictive Analytics to enable your delivery business to:
Gather delivery data and analyze the performance of your riders by tracking key performance indicators and statistics.
Estimate future orders at a particular time or area using predictive analytics powered by Ascend.
Optimize stocking by predicting which items perform the best in a given season.
Integrate and visualize GPS data to optimize rider performance and route to decrease delivery times wait times and improve customer satisfaction.
Consolidate and visualize orders and returns data to generate insights about which products are performing which products are being returned.
Create campaigns based on locations or zones or run promotions for high and low-performing items to drive sales.
