Data Processing, Visualisation and Analysis

Advancing your Business
with a Better Data Processing, Visualisation and Analysis

Advancement of modern technology allows us to gather more data than what was previously possible, on the same time it create challenges which can be very overwhelmed for some people.

Advancement of modern technology allows us to gather more data than what was previously impossible. At the same time, it can make people feel overwhelmed by its power and the works that need to be done.

If you run a business/team it is very likely you would have heard the saying, “Data is new oil” or “Data is king. “ While this saying is true, many business owners and managers have not taken enough action to utilise the accessible data for advancing their business.

Today data Challenges

Today, data comes from various sources, in various formats, at various refreshing rates. A sensor connected to machinery can easily record data in seconds’ resolutions, which is equal to more than 31 million rows of data per year. Social media such as Twitter, Facebook, and Instagram produces millions of bytes of data every second. Unfortunately, this condition has also created other challenges:

• With the increase of data sources, there are issues of dealing with dirty data (e.g. unprocessed, unverified, contradicted data). Dirty data can result in misleading conclusion.
• Infrastructure and platform required to handle the huge volume, variation and velocity of the data
• Low level of trust on the data
• Time taken to understand the story from the data

Furthermore, too often businesses are fixated to process and present the data only for a standard management report. There are report being produced only for the sake of having a report or due to the request of one major stakeholder and does not serve clear functions. A report that does not trigger any action rarely serves any strategic purpose.

Example of how business can use their data

There are many other ways on how companies can use the data so they can have a better edge over their competitor, more than merely standard management such as:

• Identifying bottlenecked areas or equipment/issue which cost as the biggest pain for the company and the action item required
• Identifying incidental and systemic issues, and perform defect elimination
• Profiling the customer to understand their behaviour, potential other products/services which can benefit them, and best timing for selling
• Understanding potential undeveloped market area
• Identifying lost opportunity due to inaccurate planning, machine configuration etc.

We believe it is time for you to start to make more use of this new oil. As an entrepreneur or manager having a better understanding of data, will give you a head start in making those crucial decisions. Our services are aimed to provide you the resources that you need to do this, from processing the data to providing you with a data visualisation, so you can understand the story from your data easier, quicker and better.
Remember:

“An approximate answer to the right problem is worth a good deal
more than an exact answer to an approximate problem” – John Tukey

Elements of Data Processing, Visualisation and Analysis

At LogicThinker, we will work closely with you to understand what data processing, visualisation and analysis will suit you best. The following is recognised as the work elements within the data processing, analysis and visualisation

• Data Set Preparation
  Data set preparation includes data cleansing, data set creation and the documentation of the process for auditing and systemisation purposes

• Analysis Interactive Dashboard Design & Development
  This includes configuring/designing the visualisation software and interface for analysis and reporting purposes.

• Development of Regular Report, Ad-Hoc Report and Report by Exception
  • Regular report is report that is prepared and issued on certain interval.
  • Ad-Hoc report is report that is prepared and issued due to certain incident/event.
  • Report by exception is report that is prepared and issued only when a certain threshold parameter activated

• Data Pattern Study
  Data pattern study is carried out through various processes such as clustering, segmentation, extrenum analysis etc.

• Data Advanced Analysis
  Data advanced analysis includes work such as
  • Analysis using different statistic methodology to test a hypothesis
  • Development of simulation/modelling
  • Workshop facilitation

Data Processing, Visualisation and Analysis Business Solution Package

For those of you who are looking for a predefined scope, we have created business solution package called The Hidden Money. The hidden money, aims to help both the business owner and business operator so they can ‘uncover’ hidden possibilities/capabilities within the operations of your business through SYSTEM improvement and DATA processing, analysis and visualisation. There are two packages. within The Hidden Money, that specifically covers system improvements related works and two packages that cover data processing, analysis and visualisation. The overview of the two packages in system improvement and related works are explains bellow.

We are also currently preparing a new solution package that can assist you cope with challenges in operation and maintenance of your business system. We called this solution I-COPE. Stay tune for more detail on this solution package.

Start to gain better use of your data today!

Start using your data better through these three simple steps :

Contact one of our friendly consultant for your FREE Exploration session

Simply fill in your detail here, or call 1300 85 70 58.

Choose the solution package that fits your current needs

We will start the data processing, carry out the analysis and present you the information using the data visualisation tool

Ready to take Action?

Be in contact with our friendly consultant, and find out how your business can be beneficial through better systemisation and better understanding of your data.

Simply fill the form below and we will give you a call to see what day suit us best to meet you

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1300 85 70 58

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enquiry@logicthinkergroup.com