Hindsight is 20 - 20. What if you knew upfront?
- How much could you grow your revenue by if you knew which customers are most likely to respond positively?
- Predict which customers are likely to move to your competitors.
- Predict who will buy and who won't buy
- Predict who will pay and who wont pay
We help South African businesses use Predictive Modelling modelling and analytics to improve their service offering.
Leveraging Predictive Modelling data analytics is no longer a competitive advantage but rather a competitive necessity. Studies have shown that company’s operations that are informed by data analytics increase their profits by 5% to 10%.
Credit Scoring is the Predictive Modelling model most of us have come across when applying for credit. This model predicts a buyers likelihood to default on a purchase ranging from home loans, personal loans, cellular contracts, or credit cards.
A similar model can be used for car insurance and life insurance where you want to reduce the early lapsers where monthly recurring payments are required.
Predictive models use historic data to estimate the likelihood of future outcomes of present data. The estimation is based on a Predictive Modelling model that analyses the historical data. So all the answers are stored in your historical data. It is for this very reason, that you need to ensure you have your data captured in the correct formats so it can be used to give your business the answers it needs to predict future transactions.
Increased focus on data collection and storage has changed the way we do business, but many businesses struggle to make sense of large volumes of data. Dracore provide specialist Predictive Modelling analytics services to help you identify and predict movements of key areas in your business. This enables you to take steps today that will grow your business tomorrow.
We develop bespoke analytical solutions in consultation with our clients to ensure business objectives are addressed.
Our understanding of data allows for further transformation and reduction of data into a structure that preserves all information while making it easy to use in our Predictive Modelling models. Implementation of Predictive Modelling solutions allows you to take actions that effectively change the way you do business and importantly to identify new pockets of opportunity.
Increased focus on data collection and storage has changed the way we do business, but many businesses struggle to make sense of large volumes of data. Dracore provide specialist Predictive Modelling analytics services to help you identify and predict movements of key areas in your business. This enables you to take steps today that will grow your business tomorrow.
We develop bespoke analytical solutions in consultation with our clients to ensure business objectives are addressed.
Our understanding of data allows for further transformation and reduction of data into a structure that preserves all information while making it easy to use in our Predictive Modelling models.
Implementation of Predictive Modelling solutions allows you to take actions that effectively change the way you do business and importantly to identify new pockets of opportunity.