Harness data with advanced analytics to drive decisions.
Our team helps you uncover insights and adopt digital strategies, transforming data into actionable plans. Make informed decisions faster and reduce response times. See how our analytics services can improve your business.
Advanced Analytics
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The analytics ladder
How can we make it happen?
What happened?
Descriptive
Unlock the story behind your data with our Descriptive Analytics services, providing clear insights into past performance to inform your strategic decisions.
Diagnostic
​Identify the root causes of your business challenges with our Diagnostic Analytics, delivering deep analysis to understand what happened and why.
Predictive
Stay ahead of the curve with our Predictive Analytics, leveraging advanced models to forecast future trends and anticipate business opportunities.
Prescriptive
Transform your decision-making process with our Prescriptive Analytics, offering actionable recommendations to guide you towards optimal outcomes.
Why did it happen?
What will happen?
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Advanced analytics data solving process
The Question
Data Collection
Data Cleaning
System Integration
Storage
Data Driven Decisions
Insight
Knowledge Extraction
Data Modeling & Analytics
Use cases
1. Automated Real-Time Dashboards
Interactive dashboards providing up-to-date insights and key performance indicators (KPIs) and key risk indicators (KRIs). Leveraging tools such as Tableau and PowerBI.
2. Predictive AI & Customer Analytics Solutions
Custom-built predictive models for trends and behaviors, customer segmentation analysis, churn prediction systems, and fraud detection algorithms.
3. Sales Forecasting and Market Basket Analysis
Sales forecasting tools and market basket analysis to optimize cross-sell and upsell strategies.
4. Personalized Marketing and E-Commerce Analytics
Personalized recommendation engines, tailored marketing strategies, e-commerce analytics, click stream data analysis, and web analytics solutions.
5. Operational Efficiency and Risk Management
Operational efficiency reports, supply chain optimization models, and risk assessment and mitigation reports.
Our services
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Descriptive analytics
Descriptive Analytics help businesses unlock the full potential of their data. It enables enhanced decision-making, improved efficiency, and better customer understanding. These services provide the foundation for informed strategic decisions, driving operational efficiency and business success.
Data Cleaning, Preparation, and Analysis: Ensuring data accuracy, completeness and timeliness through cleaning, transforming, and preparing data for analysis.
Data Visualization: Planning the implementation of AI technologies over time.
Reporting and Performance Tracking: Regular reports to track key performance indicators (KPIs/KRIs) and monitor business performance over time.
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Diagnostic analytics
Diagnostic Analytics services are designed to identify the root causes of business issues and performance problems. These services enable businesses to make informed decisions, optimize processes, and strategically address challenges, ultimately driving improved performance and operational efficiency.
Anomaly Detection and Correlation Analysis: Detects unusual patterns or outliers and examines relationships between variables to understand impacts.
Comparative and Drill-Down Analysis: Planning the implementation of AI technologies over time.
Reporting and Performance Tracking Generating: Compares different datasets or time periods and delves deeper into data to uncover detailed insights and understand the reasons behind specific trends.
How it works
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Consultation
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We'll start with a detailed discovery study to understand your needs and objectives.
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Solution Design
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Our experts will design a customized roadmap tailored to your business.
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Implementation
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We'll implement the solution seamlessly into your existing systems
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Support and Optimization
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Ongoing support to ensure optimal performance and continuous improvement.
Client success story
Digital Adoption for a Leading Telecommunications Company
Problem
The main challenge was motivating customers to adopt digital channels while ensuring a seamless and cost-effective experience.
The solution
We implemented a comprehensive digital adoption project to understand and optimize customer behavior across web, app, retail, and call center interactions. Our approach included data integration, customer segmentation, and the development of predictive models using machine learning. We also conducted A/B tests to refine our engagement strategies.
Results
Increased digital adoption:
Shifted 22% of the customer base to digital channels within six months.
Cost savings:
Reduced support and service costs by 35%, saving approximately $2.3 million.
Enhanced customer experience:
Improved customer satisfaction and loyalty through seamless digital interactions. Our efforts significantly reduced costs, improved customer retention, and increased cross-sell and upsell opportunities.
Why Panacea?
At Panacea, we bring years of experience working with corporations, leveraging our deep subject matter expertise to deliver exceptional results. Our team is dedicated to understanding your unique business challenges and providing tailored solutions that drive efficiency, enhance decision-making, and improve customer engagement
Subject Matter Expertise
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Deep expertise in data analytics, data modeling, and scenario planning.
Customized Solutions
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Tailored approaches to address your unique business challenges and needs with advanced analytics.
Proven Track Record
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Demonstrated success in enhancing decision-making and optimizing operations through data-driven insights.
Extensive Experience
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Years of experience working with large corporations, delivering consistent, high-quality results in advanced analytics.