outsource data mining services - cogneesol

Post on 21-Apr-2017

2.245 Views

Category:

Business

3 Downloads

Preview:

Click to see full reader

TRANSCRIPT

Data mining process involves extraction of data and related patterns from large volumes of raw data and convert it into useful information to use it for important business decisions. Nowadays, importance of data mining has increased in various businesses sectors like Finance, Retail, Healthcare, Manufacturing, Marketing and many more….

What is Data Mining?

Outsourcing data mining services enables business firms to make accurate forecasts and predictions. Many companies with a strong focus on customers, among marketing, retail, communications and financial organizations, avail data mining services.

Why Outsource Data Mining

Data Selection

Processing

Transformation

Data Mining

Interpretation & Data Evaluation

Data Mining Process

Predict accurate future trends Understand customer’s wants and needs Useful in decision making Generate more profits for companies Competitor growth analysis and tracking Market trend monitoring Fraud detection

How Businesses Can Benefit From Data Mining?

Standard Techniques Used

Association

Regression

Clustering

Classification

Important Areas Where Data Mining Widely Used

Financial Data Analysis

Retail Industry

Ecommerce

Telecommunication Industry

Intrusion Detection

Health Industry

Detection of money laundering and other financial crimes.

Financial Data Analysis

Retail Sector

Identifying customer buying patterns and trends to improved quality of customer service and customer retention.

Ecommerce

Analyze the customer needs provide better services . This will eventually help to keep former customers and attract new customers.

Super Market

To identify loyal customers and to understand the shopping habits of all their customers in order to better target their marketing and promotions.

Telecommunication Industry

Recognizing the patterns, detect fraudulent activities, make better use of resource, and improve service quality.

Fraud & Criminal Detection

Use Data Mining to assist in detecting money laundering schemes, human smuggling operations, narcotics trafficking, and exposing fraud patterns.

Why to Choose Outsourcing Data Mining Services ?

• Savings in operational costs• Top notch Services at affordable rates • Cutting-edge infrastructure• Offer wide range of services • 24 hours support service• Strong policies for audit of quality• Data mining professionals with extensive experience• Automated data extraction, data collection and data

capture processes

Cogneesol Pvt. Ltd.12648 Agave Bay St Victorville, CA 92392, USA

Contact Number: +1 646 688 2821Website: www.cogneesol.com

top related