Data Analytics Services

Data analytics covers a broad set of techniques used to structure and mine raw data. Itqsoft creates advanced data architectures, implements data solutions and renders managed data analytics services for businesses with different levels of data maturity.

Data Analytics Use Cases

A data analytics company, Itqsoft helps businesses from 30+ industries integrate, aggregate, and analyze various data types from multiple data sources to address their most deliberate needs at department and enterprise levels.

Proconstruction Services

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Data Analytics Use Cases

A data analytics company, Itqsoft helps businesses from 20+ industries integrate, aggregate, and analyze various data types from multiple data sources to address their most deliberate needs at department and enterprise levels.

Financial analytics

• Monitoring revenue, expenses and profitability of a company.
• Profitability analysis and financial performance management.
• Budget planning, formulating long-term business plans.
• Financial risk forecasting and management.

Customer analytics

• Customer behavior analysis and predictive modeling.
• Customer segmentation for tailored sales and marketing campaigns.
• Personalized cross-selling and upselling offers for extended customer lifetime value.
• Predicting customer attrition and customer churn risk management.
• Customer sentiment analysis.

Sales and product analytics

• Sales channel analytics.
• Pricing analytics to design pricing strategies.
• Identifying and predicting sales trends.
• Conducting product performance analysis.
• Tracking customer interactions with a product to identify pain points leading to churn.
• Conducting competitor benchmarking.

Asset analytics

• Real-time asset monitoring and tracking.
• Predictive and preventive maintenance, developing asset maintenance strategies.
• Planning asset investments.
• Asset usage analytics, planning and scheduling asset modernization/replacement/disposal strategies.

HR analytics

• Employee/department performance monitoring and analysis.
• Employee experience and satisfaction analysis.
• Employee hiring strategy analysis and optimization.
• Employee retention strategy optimization and management.
• Labor cost analytics.

Supply chain analytics

• Identifying demand drivers, consumer demand forecasting and planning.
• Supplier performance monitoring and evaluation.
• Predictive route optimization.
• Determining the optimal level of inventory to meet the demand and prevent stockouts, inventory planning and management.
• Identifying patterns and trends throughout the supply chain for enhanced supply chain risks management.

Transportation and logistics

• Operational capacity planning and optimization based on the analysis of incoming shipments, customer delivery schedules, vehicles availability, and personnel shift schedules.
• Predictive analytics for vehicle maintenance (failure prediction, recommendation of maintenance actions, etc.).
• Vehicle demand forecasting.
• Predicting optimal amounts of fuel needed based on the analysis of driving patterns.
• IoT data analytics (data on cargo temperature, humidity, etc.; data on driver behavior, data on vehicle condition, etc.) for safe cargo delivery.

Manufacturing analytics

• Overall equipment effectiveness analysis and optimization.
• Manufacturing process quality optimization.
• Equipment maintenance scheduling.
• Power consumption forecasting and optimization.
• Production loss root cause analysis.

Healthcare analytics

• Patient health condition monitoring, condition-based alerting.
• Patient treatment optimization.
• Assessment of patient risks and personalized care plan recommendations.
• Proactive care (defining trends and patterns in patient condition requiring a doctor’s attention).
• Fraud detection in healthcare insurance.
• Medical staff workload prediction and work shifts optimization.
• Optimization of clinical space and equipment usage.