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Predictive Analytics is the branch of analytics which is used to make predictions of unknown future events. It is the practice of utilizing historical data to formulate a computer generated algorithm that can be used to predict future events. This practice can be especially valuable when constructing operating budgets, strategic plans, and implementing efficiencies and cost controls.
We use techniques from data mining and modelling to analyze current data to make predictions about your company's future.
Data is such a powerful facilitator of strategic decisions. Your data can be used to explain what's going on in your business, and how best to realize your business goals. Using predictive analytics takes our business services one step further by providing not only information about how your business has performed, but what to do to perform better - and to do it in a way that best utilizes our resources.
We use Predictive Analytics to:
As your business expands, it becomes important to establish methods to efficiently track results and use those results to guide future business decisions. Predictive Analytics reveals insights that would otherwise go unnoticed and that can used to make important decisions about the future of your business.
If this is your situation...
- You have unutilized data that can be analyzed to reveal insights about the business
- You are positioned for growth and/or expansion, but considering the best option(s) and the most efficient allocation of resources.
- You are considering financing and are undecided whether to utilize debt facilities or equity injection into the Company.
How Burgess Kilpatrick can help you
We use the Microsoft Azure Machine Learning suite of products to provide our clients with actionable insights to maximize operational efficiencies and facilitate business goals.
Please contact our office at 604-327-9234 to discuss how we can help you can concentrate on building your business to the level you want it to be at. We are available throughout the week from 9:00 to 5:00 weekdays, and are also open on Saturdays from 10:00 to 3:00 during the months of March and April.
Insights
Applying Statistical Analysis To Forecast Strategy.
The exercise of analyzing data from operations gives productive and valuable insights.
Establishing A Forecasting Framework.
The exercise of creating, measuring and implementing short- and long-term strategic initiatives brings with it substantial accountability.
Momentum, Sustainability, and Strategic Success.
To make strategic and profitable decisions, corporate managers need clean, reliable data to facilitate corporate sustainability and long-term growth .
Effective Use Of Financial Ratios.
Using financial ratios in tandem with predictive analytics to minimize fraud, maximize cash-flow management and control costs .