For organizations in information rich industries such as financial services, channel management, healthcare and manufacturing, ICRA Techno Analytics (ICTEAS) offers a Business Analytics proposition that empowers them with deep quantitative business evidence on which to devise their corporate strategies and base their business decisions.

  ICTEAS Business Analytics Practice
 

The ICTEAS Business Analytics practice is designed to identify, analyze and create value from the significant business processes and data of your organization. Our statistical and modeling teams carry out Data warehousing, Reporting and Analytics using business intelligence, reporting and analytics tools which cleanse, transform, analyze and interpret data to discover past behavior, predict future trends and analyze risks. Through the application of these processes, our client gain improved overall data management capabilities and are armed with the information with which to make proactive, knowledge-driven decisions.
The ICTEAS portfolio comprises Business Analytics consulting and support with a strong focus on data cleansing & transformation and statistical analysis.

A business analytics consulting assignment moves through the following stages:

   
Problem Definition, Feasibility and Method Identification : The analytics team identifies and assimilates the various data elements involved and explores various statistical scenarios.
   
Data Capture, Cleansing and Preparation : Data for an analytic study comes from disparate data sources in the enterprise, and has to be collated, corrected and put into a form suitable for analysis.
 
Analysis : This involves the application of statistical tools to derive a best-fit model through statistical analysis.
   
Software Solutions : Once the final model and its key benefits have been established, we create a software solution based on this model, which would help clients obtain information tailored to address specific business needs.
 
 
 
  Tools
   
Our teams have expertise on Clementine, JMP, Minitab and Crystal Reports - a variety of popular business intelligence tools that cater to the uniqueness of data from the finance, healthcare, channel management, manufacturing and supply-chain industry.
   
  Engagement Model
   
We offer a hybrid model of engagement, where our on-shore domain experts study project specifications and scope of work and serve as an interface between you and our dedicated analytics team based out of Kolkata, India. The hybrid model achieves low project time overflows through streamlined communication and leverage of time differences resulting in higher project efficiency.