Data Analysis Services
While running a business, there is so much to be studied from external and internal data, but being aware of what to do with that heap of information is a big task intrinsically.
Determining how to conclusively dig through data to draw conclusions that can support your cause is a significant but daunting task to take up. With Cogneesol's Data Analysis Services, it becomes quite feasible for you to sort through all the answers hidden in the apparently unlimited amount of data.
Our Data Analysis Services
There are a couple of methods that we employ to analyze and digest data. When creating your data analysis report, we offer the following options:
There are chances that the data gathered can be inaccurate, and if not correctly cleansed, it may lead to inaccurate results that could negatively affect your essential business decisions. We will audit your data, eliminate errors, and make sure it is insightful for analysis.
Data quality, in totality, can be assessed to reduce errors and assure its effectiveness. This is one of the initial steps of analysis and is measured with the help of tools such as mean, standard deviation, median, associations, and normality. If you want to ensure accurate results, data auditing is your answer.
Analysis of Missing Observations
We look for missing variables and check whether those missing variables are missing randomly. We likewise ensure that the variables that are missing are not more than 25%, and act accordingly, if imputation is necessary by any means. This step is vital to maintain the integrity of the data.
Analysis of Extreme Observations
If the outliers disrupt the data, we examine them to find out what actions are required to be taken to correct it.
Analysis of Homogeneity
We assess the consistency of the data as a whole and, consequently, how dependable it is in our analysis. In case any particular item is deleted from the scale, we evaluate its implications on the Cronbach's Alpha and its influence on your data.
Proposals and Reports
We maintain as well as create proposals, presentations, publications, reports, and documents.
Our Key Differentiators
At Cogneesol, we prepare data files using a well-organized structure, including statistics and graphs that make the entire data easily understandable.
Our data analysts are well versed in utilizing multiple data analysis tools and can work on most data analysis software available in the market.
We understand and value the confidentiality of your business data; therefore, we get NDA signed by our analysts before allowing them access to data.
Know Your Business
Our data analysis services allow you to effectively interpret cardinal points of your business and the respective industry it belongs to.
With diverse industry expertise, our experts collect business-relevant hard facts and information that further help you make educated business decisions.
The skills and experience of our expert analysts, coupled with top technology, allow us to complete and deliver projects within the predefined deadline.
How Do We Go About Data Analysis?
We conduct quality data analysis using various analytical tools as we understand it is vital for the success of your business, considering the fact that it informs you about both opportunities and risks your business confronts.
Data, when meticulously sorted, modeled, and presented, becomes an extremely beneficial tool, especially when it comes to making decisions within your organization. Cogneesol makes use of several statistical and analytical tools to examine data sets. Based on the kind of analysis being done and what results you require, we will use a combination of the tools, such as Cluster Analysis, Factor Analysis, F and T-Test, Correlations, Frequent Analysis and many more.
To perform analysis and showcase the findings, we utilize various software tools, including Microsoft Excel.
We help our clients navigate from where they are to where they aspire to be through our always-on learning agenda in the form of client stories and blogs covering the latest industry trends.
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It is always a pleasure to learn that the work we do has positively impacted our clients and that they are happy to share their experiences.
Cogneesol has helped us turnaround our poor procurement process with comprehensive data-driven analysis. We have been able to cut off processes that did not add any value to the overall function. To that extent, our procurement function is now efficient and lean. We could not have done it without Cogneesol’s help on bad and unnecessary processes. Their data analysis is focused, and results driven.
For some time now, we have been dealing with a high employee turnover problem. Upon a friend’s recommendation, we reached out to Cogneesol for their data analysis of our Human Resource function. Cogneesol’s focused analysis drew up major flaws in our employee policies. This triggered an organization wide revamp and reshaping of employee benefits. Thanks to their data, we could address a problem on time and take corrective measures!
Our vacation business saw an upward trend when we incorporated Cogneesol’s analysis of the travel and experience market. Their detailed reports defined market segments, gave us 360 - degree customer views, historical behavior analysis, new market potential. The team is an expert bunch that clearly understands the scope of work and works with technical tools to produce optimum results. We reach out to Cogneesol on an ongoing basis now.