Business Services
For Government — Increase the effectiveness and efficiency of public services.
For Business — Increase return on investment and profitability.
The role of analytics is to interpret data, and turn it into business knowledge, to better inform decision-making. By creating mathematical models of the real world, Analytic-OR performs risk analysis, forecasting, resource management, and simulations to explore the effects of decisions. Clients can assess probable outcomes before making investments, plan for future needs or analyse process changes.
The range of problems that can benefit from Business Analytics/Operational Research is vast, but they have the common property that their complexity makes them difficult to solve. Browse our Past Projects for samples of our business analytics work.
Business Analytics
The complexity and array of information available to business and government clients is often overwhelming, and good decisions require techniques beyond rules of thumb, intuition and gut feel. The role of business analytics is to interpret data, and turn it into business knowledge to better inform decision-making. In this way, clients can assess probable outcomes before making investments, plan for future needs or analyse process changes.
By applying business analytics you can:
- Determine an optimal solution to a complex problem
- Use modeling and simulation to assess the impact of different choices
- Evaluate the impact of solutions already implemented
Analytic-OR will:
- work with you to better define the problem,
- determine data collection requirements,
- determine the appropriate tools and techniques,
- perform the analysis, and
- make evidence based recommendations.
Specifically, we offer our clients:
- Risk analysis
- Demographic analysis
- Experimentation and Simulation
- Forecasting
- Resource management
- Data mining
Creation of Operational Research Tools
Sometimes business analytics requires customized mathematical approaches. Analytic-OR can design and implement the tools needed for ongoing analysis, using techniques such as:
- Linear programming
- Non-linear optimization
- Statistical analysis
- Network analysis
- Queueing theory
Contact us to see how we can put our experience to work for you.
