Advanced business analytics is made affordable and accessible to SMEs by combining cloud computing, crowdsourcing and custom app development with this unique alliance.
Ann Arbor, MI (I-Newswire) February 2, 2012 - Even a one percent improvement in business effectiveness can result in significant gains in the top and bottom line of SMEs. SimaFore, based in Ann Arbor, MI and CrowdANALYTIX based in Bangalore, India have entered into a strategic alliance to leverage the predictive wisdom of a global community of data scientists to address core business effectiveness challenges including but not limited to, inventory optimization, demand forecasting, risk analysis and loss minimization.
“The major resources that are needed from an SME perspective for effectively leveraging analytics to improve business effectiveness are data, tools, and expertise. Data is today readily available for any business. Open source technology makes access to analysis tools highly affordable. The missing element is expertise. This resource gap would be filled by the alliance”, said Bala Deshpande, Founder and President, Simafore.
An analytics model is a solution focused on one specific business problem. For example this could be a cost forecasting model or a customer credit scoring model or a key parameter identification problem. Based on the problem, a model is built and embedded in the cloud. The SME user, new to predictive analytics, interacts with the model via a dashboard app to run predictions to aid in decision making. Any computation that is needed for the model takes place in the cloud.
“We are really excited about this alliance. SimaFore will provide business consulting, data management services and build cloud-based custom analytics apps for SMEs. CrowdANALYTIX will assign multiple teams in a competitive environment to address each business challenge and build optimal statistical models, which would then be delivered to the client as insights, dashboards or real-time alerts”, stated Divyabh Mishra, Founder & President, CrowdANALYTIX.
SimaFore was established in 2011 by a team of experts in analytics with the express objective of helping small and medium businesses find the right analytics tools for their business problems to convert data into information assets. SimaFore provides business analytics consulting services and develops customized web and mobile applications focused on analytics. Visit us here.
CrowdANALYTIX is a platform that leverages the predictive wisdom of a global community of data scientists and consultants to optimize the functioning of global businesses. Instead of one team looking at client data and operations, multiple teams compete and collaborate to arrive at an optimum solution. We thus help crank up every business process to its maximum effectiveness. Visit us here.
About SimaFore LLC: SimaFore was established in 2011 by a team of experts in analytics with the express objective of helping small and medium businesses find the right analytics tools for their business problems to convert data into information assets. SimaFore provides business analytics consulting services and develops customized web and mobile applications focused on analytics.
Company Contact Information SimaFore LLC Bala Deshpande 330 E Liberty Lower Level Ann Arbor, MI 48104 Phone : 248-974-6517
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