AI in Business Analytics
At SKARR, we embrace the possibilities of data and how it can be used in business. We help to transform the language of data into meaningful human experiences.
Industries Served
Data analysis doesn’t always require complex computer analysis tools. Instead, it involves examining the data you’ve collected within the context of the organization objective to uncover insights
Financial Services
In response to market pressures, financial institutions have adopted analytics and data-driven approaches to enhance growth, reduce costs, optimize efficiency, drive digital transformation, and ensure compliance with risk and regulatory requirements.
Services we offer:
- Financial analytics modelling
- Risk analytics
- Revenue optimization
- Transaction data and customer analytics
- Predictive & diagnostic analytics
- Continuous control monitoring
E-Commerce & Retail
E-commerce & Retail analytics involves gathering and analyzing data from online stores to guide business decisions. It monitors key metrics such as sales, customer behavior, product and website performance, offering insights to enhance marketing strategies, improve the customer experience, and boost overall profitability.
Services we offer:
- Analysis of market baskets for cross-selling opportunities
- Customer segmentation for focused marketing
- Demand prediction for optimizing the supply chain
- Sentiment analysis for managing brand reputation
- Growth of consumers
Transportation & Logistics
Transportation & Logistics data analytics provide comprehensive end-to-end trip and order information, including details on trip origins, inventory turnover, on-time delivery, lead time, destinations, routes, distances, travel times, and even real-time vehicle movement data. These insights revolutionize transportation planning by simplifying data collection and understanding, resulting in more efficient, cost-effective, and safer operations.
Metrics we provide:
- Shipping & delivery time
- Capacity utilization
- Inventory demand
- Pickup & drop time delays
- Truck running rate
- Cost analysis
- Driver performance
Insurance & Healthcare
Insurance companies have been undergoing digital transformation for years, resulting in enhanced speed, efficiency, and accuracy across all aspects of their operations. Leveraging advanced data analytics and predictive systems, the insurance industry now makes data-driven business decisions. Artificial Intelligence (AI) in insurance empowers companies by providing high-level data and insights, leading to improved insurance processes and new growth opportunities.
Metrics we provide:
- Contact rate
- Sales growth rate
- Policies in-force per agent
- Cost per claim & frequency
- Processing cost
- Client satisfaction
- Resolution rate
What SKARR can do
Data analytics is the science of analyzing raw data to make conclusions about the performance of the company & product. SKARR can help a business to optimize its performance, perform more efficiently, maximize profit, or make more strategically guided decisions.
Descriptive Analytics
Predictive Analytics
Diagnostic Analytics
Prescriptive Analytics
01Descriptive Analytics
Looks at data to examine, understand, and describe something that’s already happened
02Diagnostic Analytics
Goes deeper than descriptive analytics by seeking to understand the “why” behind what happened
03Predictive Analytics
Relies on historical data, past trends, and assumptions to answer questions about what will happen in the future
04Prescriptive Analytics
Identifies specific actions an individual or organization should take to reach future targets or goals
AI-Ready Solutions to Power Your Business
AI is revolutionizing the way businesses interact with our data, and we’re pioneering solutions that empower industries to extract meaningful insights, drive informed decisions, and stay ahead in an increasingly data-driven landscape
Requirement/Parameter Configuration
Industry Analysis/Benchmarking
Analysis/Visualization
Forecast & Insights
Case Studies
We are able to give truly independent advice
