Today’s businesses must react to increased competition and changing customer demand in shorter timeframes. HBS Consulting helps organizations improve their decision-making capabilities using Business Intelligence and Predictive Analytics.

Business Intelligence

Database technology since the mid-1980s has been characterized by the adoption of relational technology and a growing collection of siloed data repositories. Business are beginning to tap the vast wealth of raw data by creating and utilizing Enterprise Data Warehouses that create a unified schema that facilitates better decision making.

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Business Intelligence is currently deployed at over 70% of the Fortune 500 companies and facilitates the implementation and tracking of corporate strategy across the organization. Our Business Intelligence solutions bring together technology and business processes to retrieve, use and share information for better decision-making and are instrumental in supporting organizational initiatives such as corporate performance management, supply chain effectiveness and customer relationship management.

Predictive Analytics

Business data often contains hidden relationships or patterns that can be used to make better business decisions. Predictive Analytics uses statistical analysis techniques (e.g. neural networks, rule induction, and clustering) to discover these patterns. Discovered patterns can be exploited to assess risk, predict threats or fraud, or discover new knowledge for decision support in massive data environments.

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