- To increase salesby forecasting your sales and analyzing customer buying
patterns
- To increase market shareby acquiring new customers and retain existing ones
- To decrease costsby ensuing optimal stock quantity levels without being
out-of stock
Data Mining Solutions
Data mining is the solution
with the highest possible impact on your business! It has the power to move far ahead of your competition.
Data mining is not Magic. It’s pure mathematics and statistics. But with magical results.
Data mining is the process of discovering hidden patterns and trends in large amount of business data, through the use of mathematical formulas, statistics and algorithms. Data mining typically operates on data gathered from ERP applications, CRMs, accounting or financial applications, or any custom business application.
The benefits of Data Mining solution are:
- Predicting future sales and creating accurate budgets;
- Increasing market share and profits;
- Increasing return on investment from marketing campaigns;
- Acquiring new customers and retain existing ones;
- Ensuring optimal stock levels and decreasing stocking costs;
- Implementing fraud detection systems and credit risk analysis;
- Cross-selling additional products to your existing customers;
- Performing eCommerce site optimization.
Explore the scenarios in which Data mining renders great results.
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Phase
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Description
|
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Sales Forecasting
|
What will be our sales from every shop or store in the next day or week or
month?
Data mining can apply
algorithms to detect patterns and
seasonality in your sales data and accurately predict the expected future sales.
|
|
Inventory out of stock
predictions
|
Do you often run out of stock and lose sales? Do you waste lots of money by
storing excessive product items in your stores?
Data mining can ensure on optimal stock quantity in the store while
ensuring that you always have enough to fulfill client demand.
|
|
Customer segmentation and classification
|
Do you want to increase sales by better targeting your key customer groups?
By analyzing your customers’ details, you can increase sales by knowing when and how to focus
your marketing efforts on specific customer segment.
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Marketing analysis
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How should I spend my marketing budget in order to achieve maximum opportunities?
Data mining enables you to identity your most prospective customers
with the highest return of investment. It allows you to find the customers who
are most likely to buy your product.
|
|
Churn analysis
|
Which of my customers are most likely to move to the competition?
Data Mining will enable you to react and prevent this by
identifying which factors govern your customer decisions in every customer
segment.
|
|
Cross-selling items (Market
Basket Analysis)
|
Do you want to know which products
you clients are likely to buy next?
Data mining allows you to increase sales by offering your customers the products that they like
the most.
|
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Fraud detection
|
Do you want to detect frauds in insurance or bank Industry?
Data mining will help you identify the cases which are most likely
to be frauds.
|
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Credit Risk Analysis
|
Do you want to calculate a credit risk score for your customers?
|
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Text Mining
|
Have you ever needed to extract key word and valuable information from articles, emails,
web sites
Data mining can extract key information from any textual data.
|
|
eCommerce sites optimization
|
Do you want to optimize
your eCommerce site based on your customer
preferences and buying patterns?
Data Mining can increase sales purchases from internet by
performing personal suggestions to your online clients “what to buy next”
|
Abilitics Proof of Concept
Abilitics offers unique DataMining proof-of concept solution in less than a month. We will show you have data mining algorithms works with your real data. Our knowledge and experience in Data Mining enables us to quickly analyze your data and identity what algorithms and what techniques we have to apply in order to get the desired business result.
Abilitics Data Mining Solution
This is an extract of the typical activities required in implementation of Data Mining Solution. Abilitics can perform some or all of them in order to meet your business requirements
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Phase
|
Description
|
|
Installation
|
Install and configure SharePoint Services for collaboration and task management.
|
|
Defining needs requirements
|
Define your task management process and how your teams
collaborate.
|
|
Define data extraction and transformation
|
Define how
to extract the necessary data from
|
|
Data Mining Architecture
|
Define which
algorithms will be used and how they will be configured
|
|
Data Extraction and transformation implementation
|
Development of
SQL Server integration services packages that will transform the
data in easy to analyze from
|
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Configuration of Data mining algorithms
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Implement and configure
the designed algorithms, configure parameters, validate the
results, model optimization
|
|
Development client application
|
Develop custom client application that will use the Data Mining results. Develop custom
components for an existing application.
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Licensing and Costs
Most of the Data Mining functionality is available in SQL Server 2005/2008 Standard Edition. Data mining and Business functionality typically require client calls licenses for a very small number of people, often less than 10.