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Analytics Is A Crystal Ball

I love the NCAA Basketball tournament. 

The students and athletes are excited about extending their season and playing on the national stage.  It is a great time to get together with friends and watch your team (unless you root for my alma mater, The University of Illinois, which will play in a minor postseason tournament. Again.)  And of course, there are the brackets. You picked #11 Xavier and #7 South Carolina in the Sweet 16, right?

My daughter filled out a bracket this year.  As she ran through the matchups, she asked if she should always pick the favorite, and I told her that she had to pick some upsets, and have some of those Cinderella teams go deep into the tournament.  She asked me which ones, and I told her that the decision was hers.  At this point, she said, “So I am just guessing at the games?” 

Pretty much.

Educated guessing may be the way to fill out an NCAA Tournament bracket, but it is no way to run your business. You need solutions that show you why things happen and what is likely to happen. 

LRS IT Solutions has a dedicated Big Data & Analytics team that can help you drive better business results by finding the value in your data. Our practitioners have over 20 years of experience in analytics and help our customers become analytics-driven organizations through solutions that include software, and pre- and post-sales services.  Here’s what you can expect when you work with LRS:

  • Support for the leading analytics vendors
  • Analytics applications with a demonstrable ROI
  • Solutions designed around your business need, timeline, and budget

Our Solutions

LRS offers a variety of business analytics solutions and services used to maximize the value of information needed for operational excellence, acquiring and growing customers, fraud detection, and competitive agility.  Every solution we provide is integrated, implemented, and supported by our highly certified consultants.  Whether you need to extend the power of the solutions you already have in place or implement new solutions to get more from your data, we have the experience to help your organization overcome its most challenging business objectives. 

Data Warehousing

LRS offers a wide variety of data ware­housing and analytics products and services, so we can determine and implement the best solution for each situation. From traditional structured and multidimensional data stores to polyglot environments and industry models, we have the right solutions for gleaning insight from informa­tion, including custom-built warehouses, industry-leading high performance appliances, and everything in-between.

Information Management

End-to-end information integration capa­bilities allow you to understand, cleanse, monitor, transform, govern and deliver data, as well as to collaborate to bridge the gap between business and IT. By leveraging LRS’ capabilities, you can ensure that the information that drives your business and your strategic initiatives—from big data and point of impact analytics to master data management and data warehousing —is trusted, consistent and governed in real time.

Business Intelligence / Visualization/Financial Performance Management

LRS can put analytics in the hands of all who need it to drive better business out­comes. No matter what style of BI you need, from at-a-glance insight with interactive dashboards, to on-demand response time for ad hoc data exploration and financial performance management, to threshold-based alerts sent to mobile devices, LRS can help you discover the value in your data.

Predictive Analytics

With predictive analytics solutions from LRS, you can discover hidden relationships in all your data, and predict the outcome of future events to optimize next-best interactions. Predictive Analytics puts the power of a crystal ball in the hands of business users to discover otherwise invisible connections and increase productivity, allowing the organi­zation to unlock the value of Big Data.

Big Data

Every day, we create 2.5 quintillion bytes of data — so much that 90% of the data in the world today has been created in the last two years alone. This data comes from everywhere: sensors that gather climate information, posts to social media sites, digital pictures, videos, purchase transaction records, and cell phone GPS tracks to name just a few. This is big data.

Big data represents a new era in data exploration and utilization. LRS is uniquely positioned to help clients design, develop and execute a big data strategy that will enhance and complement data from  existing operational systems and processes, while allowing your organization to harness the value contained within all of your data.

Contact Us

The LRS Big Data & Analytics team cannot guarantee you a winning NCAA Tournament bracket, but our proven approach can help you eliminate data wrangling, create trusted data for decision-making, and get insights into the hands of your users when they need it, presented in the visualization of their choice, and delivered via the channel they want.

About the author

Steve Cavolick is a Senior Solution Architect with LRS IT Solutions. With over 20 years of experience in enterprise business analytics and information management, Steve is 100% focused on helping customers find value in their data to drive better business outcomes. Using technologies from best-of-breed vendors, he has created solutions for the retail, telco, manufacturing, distribution, financial services, gaming, and insurance industries.