Data Mining & Business Intelligence (BI)
Data Mining is the process of analyzing large data sets in order to find patterns that can help to find out the key variables to build predictive models for management decision making. Data mining helps businesses to optimize their processes so that their customers receive the most optimized services. Data Mining enables companies to segment their customer base and to tailor products and services to the needs and purchasing power of individual groups of customers.
Business Intelligence is the process of gathering meaningful information at any time to answer questions and identify significant trends or patterns, giving key stakeholders the ability to make better decisions
Data Mining helps strategic decision makers in data mining for competitive intelligence, identifying market opportunities, product launch decisions and product positioning. Tactical Mangaers use data mining for tactical decision making viz. sales forecasting, direct marketing, customer acquisition, retention and extension purposes and marketing campaign analysis. The same data can be used by operational managers for decisions such as the choice of sub-prime borrowers or supply chain management.
Business intelligence (BI) refers to skills, technologies, applications and practices used to help a business acquire a better understanding of its commercial context. Business intelligence may also refer to the collected information itself. BI technologies provide historical, current, and predictive views of business operations.
Vyom is a premier Business Intelligence (BI) solution provider. We deliver high-quality and high-impact solutions fast and at extremely competitive prices. It is a young and dynamic company aspiring to be a leading pure play world-class Business Intelligence and Data Mining, providing companies with complete solution and services for their many analytical needs. We are a privately held company with presence in India .As business processes evolve and business questions become more complex, the analytics necessary to answer and act on these questions will require a higher level of data integration and organizational collaboration. Decision support will be most effective when the data and business processes of an organization are integrated across all business functions.
Knowing exactly all the ins and outs of your company is a primary need for a successful business, and therefore getting the right data to the right person at the right time is essential. Our Business Intelligence solutions gather, store, analyze and provide access to data in order to help you and your company makes those critical business decisions.
The Vyom Business Intelligence solutions have been developed from a business point of view, ensuring they suit your business demands instead of the other way around. Our applications have been specifically designed to improve your reaction skills in order to anticipate to changes in the market and keep you ahead of competition. That is exactly what Business Intelligence is about.