www.enhencer.com
Turn Data to Profit in Minutes
Predict customer's behavior with the most practical Automated Machine Learning platform.

www.enhencer.com/churn-prediction
Churn Prediction
Focus only on 5% of your customers who are 90% likely to leave.Know who they are and how they behave.Take the right actions to the right customers at the right time by decreasing your marketing costs.

www.enhencer.com/purchase-propensity
Predict Purchase Propensity
Increase the positive return of such campaigns up to 90% and learn why and how the marketing campaigns are made effective against which customer group.

Friday, January 25, 2019

What is Robotic Process Automation (RPA)?

Robotic process automation (or RPA) is an emerging form of business process automation technology based on the notion of software robots or artificial intelligence (AI) workers.

Robotic Process Automation is the technology that allows anyone today to configure computer software, or a “robot” to emulate and integrate the actions of a human interacting within digital systems to execute a business process. RPA robots utilize the user interface to capture data and manipulate applications just like humans do. They interpret, trigger responses and communicate with other systems in order to perform on a vast variety of repetitive tasks. Only substantially better: an RPA software robot never sleeps, makes zero mistakes and costs a lot less than an employee.

What is Robotic Process Automation (RPA)?


How RPA Works?

RPA robots are capable of mimicking many–if not most–human user actions. They log into applications, move files and folders, copy and paste data, fill in forms, extract structured and semi-structured data from documents, scrape browsers, and more.

How Robotic Process Automation (RPA) works?
How Robotic Process Automation (RPA) works?
Traditional Workflow Automation Tools vs Robotic Process Automation

In traditional workflow automation tools, a software developer produces a list of actions to automate a task and interface to the back-end system using internal application programming interfaces (APIs) or dedicated scripting language.

In contrast, RPA systems develop the action list by watching the user perform that task in the application's graphical user interface (GUI), and then perform the automation by repeating those tasks directly in the GUI. This can lower the barrier to use of automation in products that might not otherwise feature APIs for this purpose.

Benefits of Robotic Process Automation

  • 100% error reduction
  • 65% cost reduction
  • 75% cycle time reduction
  • High scalability within minutes

Wednesday, January 16, 2019

Hands on Power BI Workshop in Singapore - Dashboard in a Day


Power BI Dashboard in a day is a hands-on workshop for Business Analysts, covering the breadth of Power BI capabilities.

At the end of the workshop you will
  • Understand the value of Power BI
  • Have basic exposure with the product to be able to use it when they return to their office
  • Understand how Power BI differentiates from the competition and become Power BI advocates in their organization
  • Know what the next steps to learn more about Power BI and become part of the community.

The workshop is 200 SGD per attendee. See below for the agenda.





Date       : 15 February 2019 09:00 AM - 05:00 PM
Venue     : 87 Beach Road Chye Sing Building #03-01 Singapore, Singapore 189695
Agenda  :

Morning

– Introduction to Power BI and Power BI Desktop overview

– Power BI Desktop – Lab

– Lunch and demos

Afternoon

– Power BI Service overview

– Power BI service – Lab

– Bring your own data and build dashboards

– Q&A


Wednesday, January 9, 2019

Getting Started with Data Analytics and Visualization Webinar

In this free webinar, you will discover how self-service data analytics solution Qlik Sense can help anyone discover insights that Excel or query-based BI tools simply miss, driving data literacy for all skill levels. You will learn to create interactive data visualizations which allow easy drill-down and slice-and-dice and support data driven decision-making process. There will be a step-by-step data visualization dashboard development demo as well as a Q&A in the demo.

Getting Started with Data Analytics and Visualization webinar on January 25th 2019 and February 1st 2019 between 09:30am – 10:30am.

 Getting Started with Data Analytics and Visualization Webinar

Event Information:
Venue                   : Webinar (details will be provided after registration)
Date / Time        : Two alternative sessions are available :
January 25th 2019 – 09:30 to 10:30 AM
February 1st 2019 – 09:30 to 10:30 AM
Agenda                :
-          Introduction to Qlik Sense Data Visualization Platform
-          Self – Service Data Visualization Development Demo
-          Q & A
About Qlik
Qlik® is the leading data analytics platform and the pioneer of user-driven business intelligence. Its portfolio of cloud-based and on-premise solutions meets customers’ growing needs from reporting and self-service visual analysis to guided, embedded and custom analytics, regardless of where data is located. Customers using Qlik Sense®, QlikView® and Qlik® Cloud, gain meaning out of information from multiple sources, exploring the hidden relationships within data that lead to insights that ignite good ideas. Headquartered in Radnor, Pennsylvania, Qlik does business in more than 100 countries with over 45,000 customers globally.
About Avensys Consulting Pte. Ltd.
Avensys is a leader in providing technology enabled business solutions and services. Since inception, Avensys has helped clients use IT more efficiently to improve their operations and profitability, focus on core competencies and achieve business results such as increased agility, innovation and profitable growth. Our in-depth technical knowledge coupled with industry experience and our unique methodologies enable us to successfully deliver and meet our customer’s expectations.
http://aven-sys.com

Friday, November 30, 2018

Insurance Claims Data Analysis and Analytics

This Insurance Claims Data Analysis Dashboard includes Motor Insurance Claims Data based in the UK. The application runs on Qlik Sense Associative Engine which allows users to perform in depth analysis of the claims payments across a wide range of factors including time, location and claim type. In the application you can see how poor data quality and significant outliers can have a direct impact on the performance results of the company.

The Insurance Claims Analytics video below shows how you can use business intelligence to analyze insurance claims data to identify claims fraud, unusual transactions and data quality issues. You can try the Insurance Claims Data Analysis Dashboard yourself here in the demo page.

One of the issues insurance companies face is fraud. Fraud attempts have seen a drastic increase in recent years with the increase in online businesses thus making fraud detection more important than ever. Despite efforts on the part of the affected institutions, hundreds of millions of dollars are lost to fraud each year and quite likely to increase as well. Just like a needle in a haystack relatively few cases show fraud in a large population. Finding these is not just tricky but sometimes impossible too.

A key weapon for insurers in identifying these fraud perpetrators is the analysis of data. In a classical data analysis scenario, insurers need to be able to search for associations in data between similar types of claims, in similar locations, including something unique like a mobile phone number. These associations between the data can lead to a significant increase in identifying the groups of people that commit these types of fraud. This is exactly where a data visualization solution like Qlik Sense can play an important role in this activity.  Qlik Sense can help Insurance Fraud Analysts identify trends, patterns and examples of fraudulent Whiplash claims.

One step further can be predicting which claims are fraud cases using predictive analytics. Predictive analytics do not require insurers to go through the relationships in their data manually and try to find out the cases where fraud probability is high. This task can be tedious if there are many parameters in the claims data but can easily be handled by a predictive model.

For example below, you can see how an automated machine learning tool (Enhencer in the below case) can help to identify fraud cases.


Monday, October 15, 2018

What is Automated Machine Learning (AutoML)?

Machine learning is a field of artificial intelligence that uses statistical techniques to give computer systems the ability to "learn" (e.g., progressively improve performance on a specific task) from data, without being explicitly programmed. This trained machine learning model can later be used to predict the probability of a future event within an acceptable reliability.

For example, suppose that you want to predict the customer churn for a customer. You can use your historic customer data with customers you kept and lost to train a model using machine learning techniques. Later, you can feed a new customer info (or a set of new customer data) to the model and predict their probability to be lost.

This is a two step process. First you train a model and then you use this trained model to predict (or score in machine learning terms) new data.

Machine Learning training and scoring
Although it looks straightforward, traditional machine learning process requires some intermediary steps.  A typical machine learning application, practitioners must apply the appropriate data pre-processing, feature engineering, feature extraction, and feature selection methods that make the dataset amenable for machine learning. Following those preprocessing steps, practitioners must then perform algorithm selection and hyperparameter optimization to maximize the predictive performance of their final machine learning model.

Traditional machine learning process.
Many of these steps are often beyond the abilities of non-experts and automated machine learning (AutoML) addresses this problem. It is the process of automating the end-to-end process of applying machine learning to real-world problems.

As Janakiram MSV writes in Forbes (Why AutoML Is Set To Become The Future Of Artificial Intelligence):
“AutoML focuses on two aspects – Data acquisition and prediction. All the steps that take place in between these two phases will be abstracted by the AutoML platform. Essentially, users bring their own dataset, identify the labels, and push a button to generate a thoroughly trained and optimized model that's ready to predict.”

Automated Machine Learning
For example, take a look at the predictive fraud analytics for insurance sector example below. The AutoML application used here is cloud based Enhencer Predictive Story Teller. After integrating claims data to the predictive system, predictive model creation is done with a few clicks without expertise in data science and statistics (you can watch a more detailed introduction and demo here : Predictive Analytics and Machine Learning Introduction - Customer Propensity Example)


Thursday, October 11, 2018

Predictive Analytics and Machine Learning Webinar - Customer Propensity Example

Beyond business intelligence, where you can slice and dice your historic data to understand what happened and why, predictive analytics will tell you what will happen and make powerful predictions about the future. This will replace intuition based decisions with data driven decision making process. You will also see how powerful machine learning algorithms are open to business users now thanks to self service advanced data analytics tools like Enhencer.

 Enhencer enables business users to use advanced analytics and machine learning on their data without data science knowledge. This allows them to create predictive models on certain metrics within minutes and then predict individual records based on the model (model can be exported to SQL or your favorite BI solution like Microsoft Power BI, Tableau or Qlik).


 For more information please visit https://www.enhencer.com/

Monday, September 10, 2018

Predictive Fraud Analysis - Enhencer (self service data analytics)

Fraud attempts have seen a drastic increase in recent years with the increase in online businesses thus making fraud detection more important than ever. Despite efforts on the part of the affected institutions, hundreds of millions of dollars are lost to fraud each year and quite likely to increase as well. Just like a needle in a haystack relatively few cases show fraud in a large population. Finding these is not just tricky but sometimes impossible too.

Predictive analytics can make fraud detection very easy and help you to seek out the needle in the haystack in no time.
  • Using the dynamic segmentation, you can find the customer segments with the highest fraud rates.
  • Predict the fraud activity
  • You can learn the features of the customer segment likely to become a fraud and take actions to reduce the frauds.



Fast & Powerful Data Analysis

You don't need expensive and complex data science resources to benefit from advanced data analytics. Enhencer enables you to import, analyze and predict in less than few minutes requiring no coding or statistical expertise at all. Enhencer puts the data analysis in a nutshell with 4 steps.

1 - Connect/Upload Data
Upload data of many formats or Import data from various sources like Typeform, Survey Monkey, Google Form and many more in a matter of seconds.

2 - Instant Actionable Insights
Bring down the analysis time from days to minutes as Enhencer empowers the data analysis with decision tree algorithm in an accessible manner for everyone.

3 - Powerful Segmentation
Enhencer is designed with machine learning algorithms that can explore and provide the best & reliable segments automatically no matter the complexity of the data.

4 - Predictive Models
Enhencer builds the perfect predictive model & digs out the variable that truly effects your target automatically leaving you the task of just clicking the predict button.

Predictive analytics segmentation
Advanced data analytics segmentation
Dynamic Data Analytics Features

Enhencer brings all these features together to present the most complete data analysis package featuring from simple & stunning visuals to the most advanced data mining & predictive modeling algorithms. Enhencer also brings machine learning algorithms to the table making the data insights and predictions more accurate and reliable than ever.

Machine Learning Algorithms
Enhencer takes an approach for improving performance and reliability by using machine learning algorithms.

Powerful Segmentation
Enhencer provides powerful & reliable segments automatically from the data using machine learning algorithms.

Stunning Visual Stories
Using intuitive and interactive interface of Enhencer acquire stunning visual stories for all your data types.

Robust Prediction
Predict the unknown using powerful predictive models such as decision tree, random forest, XGBoost & neural network.

Likert & Promoter Score
Survey friendly features to spot the business growth opportunities that no other data analysis packages provide.

Flexible Integrations
Connect and integrate the different data sources from online data collection platforms and database platforms.


For more information, demo-request or free trial, please visit www.enhencer.com

Predictive Insurance Data Analytics and Segmentation - Enhencer



Fast & Powerful Data Analysis

You don't need expensive and complex data science resources to benefit from advanced data analytics. Enhencer enables you to import, analyze and predict in less than few minutes requiring no coding or statistical expertise at all. Enhencer puts the data analysis in a nutshell with 4 steps.

1 - Connect/Upload Data
Upload data of many formats or Import data from various sources like Typeform, Survey Monkey, Google Form and many more in a matter of seconds.

2 - Instant Actionable Insights
Bring down the analysis time from days to minutes as Enhencer empowers the data analysis with decision tree algorithm in an accessible manner for everyone.

3 - Powerful Segmentation
Enhencer is designed with machine learning algorithms that can explore and provide the best & reliable segments automatically no matter the complexity of the data.

4 - Predictive Models
Enhencer builds the perfect predictive model & digs out the variable that truly effects your target automatically leaving you the task of just clicking the predict button.

Predictive analytics segmentation
Advanced data analytics segmentation
Dynamic Data Analytics Features

Enhencer brings all these features together to present the most complete data analysis package featuring from simple & stunning visuals to the most advanced data mining & predictive modeling algorithms. Enhencer also brings machine learning algorithms to the table making the data insights and predictions more accurate and reliable than ever.

Machine Learning Algorithms
Enhencer takes an approach for improving performance and reliability by using machine learning algorithms.

Powerful Segmentation
Enhencer provides powerful & reliable segments automatically from the data using machine learning algorithms.

Stunning Visual Stories
Using intuitive and interactive interface of Enhencer acquire stunning visual stories for all your data types.

Robust Prediction
Predict the unknown using powerful predictive models such as decision tree, random forest, XGBoost & neural network.

Likert & Promoter Score
Survey friendly features to spot the business growth opportunities that no other data analysis packages provide.

Flexible Integrations
Connect and integrate the different data sources from online data collection platforms and database platforms.


For more information, demo-request or free trial, please click.




Friday, September 7, 2018

Self Service Predictive Analytics and Segmentation - Enhencer



Fast & Powerful Data Analysis

You don't need expensive and complex data science resources to benefit from advanced data analytics. Enhencer enables you to import, analyze and predict in less than few minutes requiring no coding or statistical expertise at all. Enhencer puts the data analysis in a nutshell with 4 steps.

1 - Connect/Upload Data
Upload data of many formats or Import data from various sources like Typeform, Survey Monkey, Google Form and many more in a matter of seconds.

2 - Instant Actionable Insights
Bring down the analysis time from days to minutes as Enhencer empowers the data analysis with decision tree algorithm in an accessible manner for everyone.

3 - Powerful Segmentation
Enhencer is designed with machine learning algorithms that can explore and provide the best & reliable segments automatically no matter the complexity of the data.

4 - Predictive Models
Enhencer builds the perfect predictive model & digs out the variable that truly effects your target automatically leaving you the task of just clicking the predict button.

Predictive analytics segmentation
Advanced data analytics segmentation
Dynamic Data Analytics Features

Enhencer brings all these features together to present the most complete data analysis package featuring from simple & stunning visuals to the most advanced data mining & predictive modeling algorithms. Enhencer also brings machine learning algorithms to the table making the data insights and predictions more accurate and reliable than ever.

Machine Learning Algorithms
Enhencer takes an approach for improving performance and reliability by using machine learning algorithms.

Powerful Segmentation
Enhencer provides powerful & reliable segments automatically from the data using machine learning algorithms.

Stunning Visual Stories
Using intuitive and interactive interface of Enhencer acquire stunning visual stories for all your data types.

Robust Prediction
Predict the unknown using powerful predictive models such as decision tree, random forest, XGBoost & neural network.

Likert & Promoter Score
Survey friendly features to spot the business growth opportunities that no other data analysis packages provide.

Flexible Integrations
Connect and integrate the different data sources from online data collection platforms and database platforms.

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For more information, demo-request or free trial, please click.





Wednesday, May 2, 2018

Enhencer Predictive Storyteller - Data Analytics Live Demo

Enhencer is a visual data analytics and predictive intelligence platform focuses on the business intelligence and data visualization concepts after the emergence and popularity of the machine learning methods. With Enhencer You no longer need out-of-fashion summary tables and plots, prediction algorithms those are not always accurate, and bulky software to manage prediction processes. Enhencer generates predictive functions that you can use in your action plans by clearly showing the causalities in the data. Enhencer is also an analytical presentation tool which provides you with an elegant and interactive dashboard to display reports.

There is a live demo of Enhencer online you can try on your own. If you have any question or a request for demo, you can fill the request for a demo form here or email Enhencer. For more info, you can also refer to Enhencer Predictive Intelligence Online Help.

# Open Enhencer's Customer Satisfaction Data Analytics live demo.

Enhencer screen is divided into 3 panels.

Left Panel in the analyze screen contains all the variables from the data. The green highlighted variable indicated the particular variable is selected as “Target Variable” for the analyzes. You can simply change the target variable by simply clicking a different variable.

Currently, Customer Status variable is selected. This variable is categorical and has two possible values : Retention and Churn. As you can see, overall customer retention is 54.2% and churn is 45.9%.



In order to obtain deeper insights from the data, users need to use the “Enhance” task. Behind the curtain Enhencer used Machine Learning Algorithms to fetch the deeper insights from the data.

Enhance task can be performed by clicking the “Enhance” button. Enhance lets you to use the machine learning algorithm to dig out the dapper insights from the data.

# Click Enhance button.

Upon clicking the “Enhance” button a new window will pop up named “Select”. You need to select the relevant variables to observe the effects of the selected variables on the target variable.

Blue highlighted variables are the ones that are currently selected for the Enhance task. The deselected variables are represented with the non-highlighted ones.

#Click ALL in Select window to select all variables. Click OK at the bottom of Select Window.




Right side of the analyze screen is reserved for hierarchy view. When “Enhance” is active the tree view is presented to the users. Here Relations and effects of other variables with the target variable can be observed.

Leaf represents a segment and the features above the leaf represents the path to that segment.



Tree View branches from the most important variable effecting customer status to least. Currently, overall is selected which is 4,000 data point size.  The first leaf shows the online usage and the split is 14.9895. As you can see, 26.1% of the customers have less than 14.9 hours online usage and their churn is the highest at 84.9%.



# Select Retention from Target Choice to let Enhencer perform segmentation.


Enhencer will create the segments with the highest lift at the top.

Segments is a powerful tool that shows segments of the target variable and their features. When “Enhance” is active segments can be accessed by simply clicking the “Segments” button. If target variable is categorical like this example then in order to access the segments the user needs to choose one of the target choices form the “Target Choice” drop down menu. For any other variable type, it can be accessed directly.

Right side of the analyze screen in this case shows all the segments available for the target variable. Segments are sorted from highest gain to the lowest gain.

# Click Segment 1 to see its properties. As you can see below, this segment has the highest lift.

The proportion of the target choice in the selected segment compared to the overall population is represented by “Gain & Lift” measures. For this instance, in segment number 1 among 271 customers 90.8% of the customers are retained which is 1.68 times (67.6%) higher than the overall population with 54.2% retention rate.

In Segment 1, you can see the highest retention segment. These are people with 14.9 hours or more online usage, primary social network Facebook, and so on.



You can see which variables effect the target variable most using Effects View.

# Click Effects button.

Effects is a powerful tool that shows the variables that effects the target variable the most. This means among hundreds of different factors from the data these are the ones to affect the target variable the most.

When “Enhance” is active effects can be accessed by simply clicking the “Effects” button. The right side of the screen shows the effects of other variables. The variables are sorted from “High Dependency” to the “Low Dependency”.


When “Effects” is active users can also take benefit of prediction task. In Enhencer you can either predict by simulation or by uploading a new dataset.

In order to take benefit of the “Predict” task user must have [A] “Enhance” active and be on the [B] “Effects” tab.

Effects is a powerful tool that shows the variables that effects the target variable the most. This means among many different factors from the data these are the ones to affect the target variable the most. Moreover, these are the variables that the user can use to predict new cases either by simulating a case from the variable list in the right or uploading a completely new data.

If the target variable is categorical as in this case, Target Choice should be selected. In our example, Retention is already selected.

Prediction can be of two types. One is the classical test data method, where prediction scores are observed for a new dataset after the model is trained. Another is to simulate a very specific case just to observe how the data scores might change or how specific variables contributes to the prediction scores. This example is the latter one, simulating a certain case.

# Select Online Usage above 20 hours and Facebook as the only primary social media account. Click Predict.


Enhencer predicts that you will have 75% chance to retain this type of users.

Monday, April 23, 2018

Improve customer retention and reduce customer churn by self service data analytics

To boom in today’s competitive world, a business must know its customers inside out. To understand your customers is to understand their motivations, their desires, and their fears.

Your customer data can make you discover a lot about your customers if you can use proper customer data analysis tools. With such a tool, you can know why do people buy your products and services and what motivates them and what drives them away.

Customer Retention & Churn

The most precious assets for a business are it’s customers. However, the most important customers are not the ones that a business gains, but the ones who stay longer. It is one thing to count how many people have signed up or walked into store for the first time and quite another to understand what makes them coming back or leave.

Customer retention refers to the ability of a company or product to retain its customers over some specified period. High customer retention means customers of the product or business tend to return to, continue to buy or in some other way not defect to another product or business, or to non-use entirely. Selling organizations generally attempt to reduce customer defections.

Enhencer Self-Service, Visual Data Analytics

Enhencer self-service visual predictive platform selects and runs the best ready-made machine learning algorithm as users click on the visual dashboard. This helps organizations ;

  •     to reduce the data analytics time to minutes from days,
  •     to reduce dependency on expensive data scientist resources and statistical tools
  •     increases the use of data analytic so value extracted from data analytics is increased.

With Enhencer, you can take the power of Customer Retention & churn analysis at your own hand :
  •     Learn Customer lifetime value for each customer using the most powerful Machine Learning Algorithms.
  •     Predict the lifetime of your customers using the Predictive Power of Enhencer.
  •     Obtain precise segments of customers regarding Retention & Churn.

Customer Retention & Churn Analysis Example

You can integrate your customer database to Enhencer and perform customer retention & churn analysis within a few clicks.

Customer Segmentation

In this example, the customer loss is 45.8%. 



You can select the customer properties to let Enhencer automatically create customer segments where loss is minimum and maximum.



Enhencer will select the best ready-to-use machine learning algorithms to create customer segments for you. The top segments are were  customers are more loyal and it goes to bottom, the customers become increasingly less loyal. For example in Segment one, retained customer rate is 75% higher than the average and there are 96 customers in this segment.



In this segment, you can see the customer details. For example in Segment 1, online usage is greater than 14.9 hours per week, primary social media accounts are Youtube, Qzone, Twitter, Instagram or  Vkonta, 3 years cummulative complaint number is less than 3, etc ... Churn in this segment is as low as 5%.



You can extract the specific customers in each segment to use outside Enhencer.

Predictive Intelligence

Enhencer also helps business users to do predictive analytics. In the predictive panel, you can select a customer group with specified properties and see the probability of them to leave. This enables you to decide which customer groups to focus i you want to minimize customer churn.

For example below, customer with primary Facebook and Instagram accounts, obtained by 30 days free trial and aged between 18 - 26 has a probability of 52% of being a lost customer.



You can find out the Customer data analysis capabilities of Enhencer here. You can also request for a demo.

Friday, April 20, 2018

Self-service predictive visual data analytics

You are invited to Enhencer Predictive Visual Storytelling webinar on May 4th 2018 at 10:00 AM GMT +8:00.

In this free event, you will discover how self-service visual data analytics can help you to derive actionable insight from data with no data science experience. Enhencer self-service visual predictive platform achieves this by selecting and running the best ready-made machine learning algorithm as you explore your data by click on the visual dashboard. This helps companies to;
  • to free business users from data scientists and perform advanced data analytics
  • to reduce the data analytics time to minutes from days
  • to reduce dependency on expensive data scientist resources and statistical tool
  • increases the use of data analytic so value extracted from data analytics is increased
You will also have a chance to see a demonstrations of Enhencer. Please click register to join.



Event Information

Date :May 4th 2018, 

Time
10:00 – 10:45 AM GMT (Singapore / Malaysia / Hong Kong)
09:00 – 09:45 AM GMT (Indonesia / Thailand)



Turkish Technic Selects ICRON's MRO Planning Software

Turkish Technic has selected ICRON’s MRO Planning software to optimize routine maintenance packages for aircraft. Using the software’s Maintenance Cards Interval functionality, Turkish Technic will be able to optimize balancing the distribution of task cards for planned maintenance. According to ICRON, this will increase productivity by minimizing early task card application and increase aircraft flight time.

“One of the most challenging problems for airlines and MRO companies in [the] aviation industry is to apply several maintenance cards that have different application intervals by keeping the duration of aircraft on the ground at a minimum,” says Ahmet Karaman, Turkish Technic’s general manager. “After a detailed research process, we have chosen ICRON for the optimization of our maintenance cards.”

The software, which is part of ICRON’s graphical scheduling and modeling system (GSAMS) platform, has functionality to coordinate schedules for workforce, spare parts, equipment and more. ICRON says it allows for real-time visibility of all day-to-day operations while reducing turnaround times and cost. The software’s user interface supports mobile devices and can run on the cloud, although the company says most customers prefer local server architecture for security reasons.

Turkish Technic says the goal with implementing the new software is to keep aircraft in the air as much as possible by decreasing maintenance turnaround time and minimizing maintenance occurrences at the macro level. According to a spokesperson for the company, ICRON’s software will support these goals by determining the maintenance check concept in a very short time for a new fleet and analyzing the plausibility of check intervals for the existing sub-fleet types.

Maarten Baltussen, ICRON’s chief revenue officer, says the new contract with Turkish Technic is a milestone in the company’s 25-year history. “After having SAESL, the MRO division of Singapore Airlines (Singapore Airlines Engineering Company), as a customer for several years, getting Turkish Technic on board means the recognition of ICRON as a market leader in airline MRO solutions,” he says.



According to ICRON, SAESL’s implementation of its MRO software has dramatically reduced repair turnaround time by automatically updating and optimizing the company’s schedule six times a day in less than half an hour.

Turkish Technic aims to have writing of the software’s code completed at the end of April and it will be designing user interfaces in the meantime. The company’s goal is to go live with the new optimization tool by the end of May.

Only 50% of companies can measure the cost of their data, ICRON survey shows

50% of companies are not able to measure the cost of their data, according to the results of a survey conducted by ICRON, a leading provider of Optimized Decision Making and Supply Chain Optimization software solutions. The survey, which was completed by 165 executives at the IoT EurAsia 2018 event held in Istanbul last week, revealed that approximately half of companies – and only 35% in the manufacturing sector and 43% in the services sector – can accurately gauge their data costs, which may include costs for data collection, data cleaning, data updating, and data storage and access.

The survey also showed that only 68% of the data collected by companies is considered to be reliable and of good quality, while 32% of the data is thought to be unreliable and of poor quality. Only 12% of the respondents said that all the data that their companies collect is reliable and accurate. Furthermore, the group of executives who admitted that they don’t know the cost of their companies’ data also said that only 62% of their data is reliable and of good quality – which means that around 38% of their data costs are related to data that they deem to be unreliable and of substandard quality. 



Alfred den Besten, ICRON’s Chief Marketing Officer, commented: “The results of our survey are fascinating, as such a high percentage of respondents stated that they don’t know what the true cost of their data is and that they think their data is not reliable and of subpar quality. This means that many companies are burning money on collecting and maintaining useless data, and that unreliable data is being used to make important business decisions – and this poses a major risk. To be successful, companies must be able to assess the cost and improve the accuracy of their data and use their data to make the best possible decisions.” ICRON’s President A. Tamer Ünal – who gave a presentation at the IoT EurAsia event on the topic of how to “Instantly transform your data into optimized decisions” – remarked: “Companies today have access to a tremendous amount of data from various sources including IoT devices and back-office systems, and data is the key driver of their business decisions.

The fact that so many executives don’t have a handle on their data costs and don’t trust the reliability of their data demonstrates that there is a real need for systems and solutions that enhance data utilization. ICRON’s groundbreaking optimized decision making platform does exactly that, enabling companies to use their data to automatically generate optimal plans and projections and make optimized decisions that minimize costs and maximize productivity and performance.”

 ICRON will be releasing the full results of the survey in the coming weeks.

Thursday, April 19, 2018

Predictive visual storytelling - Data analytics for business users without data science experience

Today, many companies collect huge amount of data which can add tremendous value if data analytics is applied on it. Unfortunately, predictive modeling and machine learning algorithms requires data science expertise and/or specialized statistical tools. These traditional resource are expensive. Many companies cannot afford to keep such employees. Even if they can, the process is rigid. A business users needs new data analytics requirement, he / she needs to ask it from data scientist and wait for the scientist to come up with the new model.

Enhencer Predictive Visual Storyteller is a self-service visual data analytics for business users to derive actionable insight from their data in a few clicks and with no data science expertise and coding.  Enhancer's visual dashboard is easy to use with clicks while best ready-made machine learning algorithms are run in the background in each click.



Enhencer offers segmentation using ready-made machine learning algorithms. Enhencer explores and provides best segments for your target objective no matter the complexity of the data. Enhencer offers instant actionable insights. Users can simply upload their data to Enhencer and within a few clicks and minutes can perform data analysis which requires days to do with traditional data analytics tools.

Example

Suppose that you have integrated your CRM to Enhencer. You want to analyze the customer churn & retention. Suppose that you have a field in your data named customer status which can be "lost" or "existing". Suppose that for a selected group of customers, 48% are lost.

Your CRM holds customer data with many information like age, gender, income, how long / frequent customer uses a service, customer source, customer location, etc. By segmentation, you can find out what segments of customers are retained most and what segments of customers are lost most.

With dozens or even hundreds of properties in your data, it is difficult to intuitively segment the customers. You don't know which categories are significant in customer retention and which are not. Is age a factor? Customer source? Gender?

Below video shows the segments generated by Enhencer. You simply select the value (here customer loyalty) to analyze and Enhencer automatically segments them. Top segments mean which categories of customers are most loyal and bottom segments show the least loyal ones. In the example below, first segment is 110% gain on average which means they are more than twice loyal compared to average loyalty. This segment is :

Salary Amount > 10,397
Age > 29
Gender = Male
Nationality = Japan or UK




The least loyal ones are :
Salary <4,031.
Customer Class = Silver
Nationality = US, Japan, France, UK and Italy.

Locating these significant customer properties among dozens and even hundreds of categories you have in your CRM is difficult if you do not have data analytics. With this info data analytics provides, you can have an action plan (i.e. target high income bucket more or investigate why Silver customers in certain countries are least loyal).

You can also perform predictive analytics in Enhencer on fly. For example, you can select several properties of customers (age range, gender, location, class, nationality, etc ...) and ask Enhencer to predict the probability of this customer to stay loyal to your company.

The platform is available on cloud by monthly subscription or if required can be installed in-house. You can request a demo here.

Tuesday, August 1, 2017

Data Analytics for Online Shops

Making shopping a smooth and easy experience is the goal of many online shops. But how can easy website navigation be optimized? Unlike the physical shops, you cannot talk to the sales people in the online shops and a customer should find his or her way through the online shop. And unlike pysical shops, online shops can have hundreds of thousands of visitors every day.

To optimize the shopping experience, some important questions should be answered :

  • Why do customers put products into their shopping cart and do not buy them at the end?
  • Was it because of the sales process or he/she liked another product simply better?
  • What impact has a customer's drop from a detail page?
  • Where are the differences in customer behavior depending on the different product groups,
  • Customer types or assortments?
  • What are the figures compared to the previous year?
  • Were there any technical errors? Was the accessibility of all pages always guaranteed?

Traditionally, answering these questions require a lot of work and usually takes a few days a month to prepare answers and presentations for the management. Since the process is slow and requires many man-days, most companies cannot perform it anytime they want or in the frequency they need.

German business consultancy company Mayato automatize this process using data preparation, analytics and visualization tools.

The company extracts data from the operational database to in-memory, ultra-fast analytics database named EXASOL. Traditionally, large volumes of data need to be extracted from the database, loaded into R statistical language based scripts and run; and then loaded back to database for analysis and visualization.

Markus Dill, Managing Director at Mayato, explains the importance of good analytics for companies in the manufacturing sector and why having an analytic database that is low-maintenance such as EXASOL is critical for business success.

But EXASOL has built-in R capabilities so R scripts can be run on EXASOLs ultra-fast and high performance analytics environment. The company uses Talend ETL tool for automated data extraction, transformation and load. The data extraction, crunching (using R) and data visualization (in Tableau software) are all automated without human intervention.

The combination of Talend, EXASOL and Tableau fully automated the process and reduced its report generation cycle from days to hours.

Big Data Analytics in real-time with EXASOL and Tableau webinar

If you are using Tableau’s great BI, reporting and visualization software to see and understand your data, but are struggling with performance or just want to overcome the limitations of Tableau Data Extracts (TDE), EXASOL is the solution you need. Using EXASOL as the analytic database engine to power your Tableau server and client, means that you will be able to accelerate your reporting and visualizations dramatically by boosting your Tableau performance.

EXASOL is the world’s fastest in-memory, high-performance (Massive Parallel Processing or MPP), analytic database which is designed for big data analytics. EXASOL makes large volumes of data analysis in real-time possible, which helps you to accelerate your Business Intelligence and Analytics applications. EXASOL is ideally suited for real-time big data reporting, analysis, and advanced analytics.

EXASOL also enables in database analytics. It supports R, Python, Java, Lua or your preferred programming language to build analytic applications to unearth key insights.



Event Information:
Venue : Webinar (details will be provided after registration)
Dates / Times : You can select any of the 2 time-slots below:
August 4th 2017 10:00 – 11:00 AM Singapore Time
August 18th 2017 10:00 – 11:00 PM Singapore Time

About Infolytics Global

The founders of Infolytics Global Pte Ltd (Infolytics) have experience in providing Big Data Analytics and Data Visualization solutions for all sizes of companies for over 15 years. With our vast knowledge and experience in Data Warehousing and Business Intelligence we have the capability for being the “go to” company for BI solutions. Our expertise is on delivering insights using data visualisation and Big Data Analytics.

We have vast experience in end to end project management of leading BI software like Tableau, QlikView and Qlik Sense. Our team has been part of some of the largest Tableau and QlikView deployments in Asia. One such example is a large semiconductor manufacturing company with more than 3,000 BI users globally. 


Monday, June 26, 2017

Scenario Planning and Optimization in Integrated Business Planning Webinar

By utilizing a well-executed Integrated Business Planning process (IBP), companies can achieve cross-functional alignment, optimize costs and improve customer satisfaction. The need for both strategic and tactical agility is manifested in the ability to anticipate changes in demand and supply conditions, investigate ad-hoc scenarios and generate executable plans.

Integrated Business Planning process has extended the Sales & Operations Planning process and has now been the best practice in the industry. The process is led by senior management and aims to align company plans every month to allocate the critical resources - people, equipment, inventory, materials, time and money - to most effectively satisfy your customers, in a profitable way.

IBP is a complex process and unfortunately, many companies are trying to run it manually using spreadsheets with the help of their ERP or SCM software. To make this manual process practical, the companies does a lot of aggregation and abstraction and try to focus more on bottleneck resolution rather than optimization. The process also does not allow significant what-if-analysis (scenario planning).

There is actually a way to significantly automate and improve the IBP process with focus on speed, optimization and multiple scenario analysis : Mathematical optimization. This method is available since early 1940s but it was mostly a luxury for significantly large companies until recently. Now with the advances in computer technology and advanced planning and scheduling technologies, mathematical optimization can be applied to IBP process.

In the Scenario Planning and Optimization in Integrated Business Planning (IBP) webinar to discover how companies like ASMLVestel and Trakya Cam are utilizing ICRON Advanced Planning and Scheduling to evaluate multiple scenarios, rapidly generate optimized plans and compare financial and operational KPIs to make informed decisions in their S&OP/IBP processes.

Click here or image below to access the webinar recording : IBP Webinar video.

Scenario Planning and Optimization in Integrated Business Planning Webinar

Webinar is conducted by the Chief Technology Officer of ICRON Technologies, Zeki Caner Taşkın. Mr. Taşkın joined ICRON in 2001 and specializes on large-scale optimization methods and software. He was named the recipient of the 2010 Pritsker Doctoral Dissertation Award given by the Institute of Industrial Engineers (IIE) and his research has appeared in many leading Operations Research journals. Caner received his Ph.D. from the University of Florida and as an academic he teaches in the Industrial Engineering department of Bogazici University.

Friday, June 23, 2017

Next Generation Advanced Planning and Scheduling for Manufacturing Webinar

Production Planning and Scheduling in modern manufacturing environment has become quite complex. But unfortunately many ERP solutions, even in their production planning and scheduling modules, do not provide a satisfactory mechanism to handle the complexity of the problem. These ERP, MRP or MPS mechanisms are transactional and designed for mass production facilities of past with low product mix, generous inventory sizes and relatively simple supply chain networks.

Since the complexity is not addressed by the systems in hand, most planners rely on a cumbersome, time-consuming, error-prone and manual process run on many Excel files. But this does not need to be the case and there is a superior and highly successful process out there : Advanced Planning and Scheduling.

Advanced Planning and Scheduling (APS) is a software platform which deploys advanced mathematical algorithms or logic to perform optimization and/or and/or simulation on finite capacity scheduling, sourcing, capital planning, resource planning, forecasting, demand planning and others.

In this webinar, you will have a chance to see a modern Advanced Planning and Scheduling Platform, ICRON, in action. The webinar first introduces APS and why it is needed. Then, it lists some of the characteristics (or musts) of a next generation Advanced Planning and Scheduling platform for manufacturing. Later you will see a demo of the application (the specific domain selected in this demo is paper production planning and scheduling but the concept can also be applied to broader process manufacturing).

The demo displays the capabilities of ICRON APS in 3 levels of planning : Tactical Planning, Operational Planning and Dispatching. The corresponding modules of the application in the demo are ICRON S&OP, ICRON Capacity Planner and ICRON Detailed Scheduler.

The next webinar is on July 17th 2017 on below time :

Singapore / Malaysia / Hong Kong / Taiwan / Philippines                : 09:00 – 10:00 AM
Thailand / Indonesia / Vietnam                                                          : 08:00 – 09:00 AM

You can use this link to register : Next Generation Advanced Planning and Scheduling for Manufacturing Webinar Registration

You can watch an old webinar below.


Tuesday, June 20, 2017

Advanced Planning and Scheduling for Electronics Manufacturing : Vestel Case

Manufacturing in 21st century is a complex task. It is mostly Make-to-order and the production is highly capital-intensive. The high product mix combined with large number of components or manufacturing tasks makes it already a big challenge to plan but because there is little to no stock to shield manufacturing from changes in demand, frequent schedule changes creates extra complexity.

Most manufacturing companies have ERP and Supply Chain Management systems but these do not help a lot. The logic in these systems are developed and matured in 1980s and they are transactional systems, developed for make-to-stock, low product-mix, high order volume manufacturing.

Since ERP systems are not helping a lot, most planners use spreadsheets to create a more executable and feasible plan. But this manual process is cumbersome, time consuming, slow, inflexible and error prone. It does not also allow to deploy optimization (a supply chain which is not optimized is usually 15% - 20% more costly to operate). Excel is free, readily available but Excel based planning is costly.

But there is a solution which is much superior when it comes to planning : Advanced Planning and Scheduling. Advanced Planning and Scheduling is a software platform which deploys advanced mathematical algorithms or logic to perform optimization, and/or simulation on finite capacity scheduling, sourcing, capital planning, resource planning, forecasting, demand planning and others. This platform can :

  • reduce planning / scheduling cycle by 70 – 90% 
  • shift the organization from reactive to proactive planning
  • create a centralized planning / scheduling for all (SVOT)
  • reduce overtime, inventory costs, WIP times, setup times
  • increase customer service level and revenue
Electronics manufacturers can benefit from an APS platform tremendously. There are some manufacturers deploying this technology for years. One such company is Vestel Group.

Advanced Planning and Scheduling plarform
Advanced Planning and Scheduling plarform
Vestel Group is comprised of 24 companies operating in manufacturing, software and  technology development, mareting, and distribution fields in the consumer electronics,  household appliances, mobile technologies, LED lighting, and defense industries.  Vestel exports its products to 149 countries under the leading Japanese and European  brands. 

Vestel uses a highly flexible, integrated, and automated S&OP process developed on ICRON Advanced Planning and Scheduling solution. ICRON’s solution – which was developed, tested, integrated with Vestel’s existing ERP system – was implemented over the course of six months and became immediately fully operational.

You can read how Vestel uses Advanced Planning and Scheduling for different levels of planning such as Sales & Operations Planning, Capacity Planning and detailed scheduling here : Vestel Advanced Planning and Scheduling Case Study.