Get Data Science Consulting Services From Experts
Data science is a data-driven decision-making approach that uses various methods and disciplines to gain useful knowledge from a data set. The goal of data science is to make accurate conclusions based on evidence gained from data analysis. Data science also involves data cleaning, data ethics, and research data management. It is a field that gives the researcher the skills to understand and visualize raw data and apply statistics, mathematics, and advanced technology to solve analytically complex problems and make informed business decisions. Our company, Expert Research and Data Analysis Help, offers outstanding data science consulting services to individuals and organizations.
Today, data science is used in decision-making in nearly every modern society. The growth is attributed to the rise of social media and big data, reduced cost of computer memory, and development of powerful data analysis methods. A recent survey conducted in 2020 showed that out of 460 organizations, 90% of companies use data science to improve their businesses. They use data science for functions like identifying non-profit staff activity, measuring the Return On Investment [ROI], and streamlining their business operations.
What is a Data Science Consulting Firm?
Most organizations are facing disruptions in their business such as expensive supply chains, unexpected financial crisis, and market crashes. To deal with such disruptions, companies invest in technology such as data science to gain knowledge useful for decision making. Data consulting firms enable businesses to identify patterns using big data thus predicting future results and mitigating potential risks.
What Does a Data Science Consulting Firm Do?
Expert data science consultants carry out a series of steps to come up with results used for decision making. A commonly used process used by data scientists is the Cross Industry Standard Process for Data Mining [CRISP-DM]. The main reason why this is the most used process in data science is because it is made to be independent of any software or data analysis techniques. Below is a comprehensive guide to the process:
Step 1: Data Understanding
The data scientist first defines the research objectives by understanding the available data and what the study aims to find. The data consultant identifies the research problem and explores whether the available data is appropriate to come up with a solution to the problem.
Step 2: Data preparation
This step aims to create a data set for use in data analysis. Data preparation mainly involves combining multiple databases sourced from various datasets. This step also involves checking for data quality problems like outliers and missing values which can affect the results of the data analysis.
Step 3: Modeling
This step involves using automatic algorithms to identify useful patterns in the data set and build models that encode these patterns. Machine learning is a field that mainly focuses on designing these automated algorithms.
Step 4: Evaluation
This step focuses on how the models suit the research and the processes. While the modeling step focuses on how the models fit the research process and the research, the evaluation process assesses the models in a broader context. The data science consultant does a general quality assurance review on the project and if the evaluation process approves the model, then the research project moves to the final stage.
Step 5: Deployment
This phase involves the deployment of the selected models into the company’s infrastructure and business procedures. The data science consultant then monitors the model, produces a final report, and reviews the final project to come up with informed decisions.
Services Offered by Our Data Science Consultancy Services
Our data science consultancy company offers customized solutions depending on your needs. From data strategy consulting to training and support, our services offer a wide range of services. Below is a comprehensive guide of the services offered by our company:
Data consulting
Our data scientists offer comprehensive consultation services. Whether you need help with creating a machine-learning model or need help with interpreting complex data science results, our scientists are readily available.
Machine learning
Our data consultants help you use machine learning and artificial intelligence to come up with solutions that drive business growth. The machine learning process typically consists of two steps which are applying a ML algorithm to a set of data to identify patterns and results analysis.
Programming
Our data science consultants use programming languages to analyze the data collected. Our consultants specialize in languages such as R, Python, Java, Julia, or SAS for data analysis.
Data Visualization
Our data science consultants represent the analysis results in a way that is easy to understand. This way common patterns and trends can be identified thus enabling the stakeholders to make accurate decisions that lead to business growth.
Predictive analytics
Our data science consultants use statistical modeling and data mining to make predictions of future outcomes hence identifying potential risks and opportunities.
Data Science Examples
This sector gives a comprehensive guide on real life applications of data science and how it can be used in different fields. It focuses on how data science helps in sectors such as marketing, sales, retail, the government. Below are some data science examples:
Sales and marketing
Consumer companies have access to data sets about their customers' needs and preferences. Tracking consumer behavior on company websites, use of point-of-sale systems, and tracking social media comments on the company helps businesses identify their customer preferences and work towards improving their services.
Predictive analytics in health sector
Generated predictive models analyzes data, identifies trends, then makes conclusions from the results. It can be used to improve healthcare and predict patient health to take measures and initiate therapy at early stages.
Analyzing credit scores for financial institutions
This is one of the most popular applications of data science. Data science consultants do an analysis of a customer’s banking history to predict the customers’ credit worthiness after being given a loan. It is also used to detect fraudulent activities.
Customer analytics in retail
Data science can analyze social media data and identify products that can be in demand in the future and develop and promote them. It also analyzes consumer data in the shopping websites thus recommending similar items for them to purchase.
Why Choose Our Data Science Consulting Services
Our data science consultants are experts who are equipped with years of experience and have dealt with multiple data science projects so our clients can be assured of quality and accuracy when choosing our services.
Our services offer support consultations where the consultants give a comprehensive guide on the analysis results and what decisions they think are best for your research project.
Our clients can be assured of minimal human errors because our firm uses custom AI algorithms which ensure accuracy of results.
Our firm uses specific predictive analytics models, for example classification, clustering, and time series models hence offering our clients a guaranteed sales increase upon hiring our services.
Our data science consulting firm have completed a number of successful projects and this is evidenced by the positive reviews and client testimonials on our website.
Summary
Data science is a field of study that uses multiple methods to gain knowledge useful for decision making. It is important for business since it provides them with evidence-based data which leads to business improvement and growth. Use of statistical techniques assures the business of accurate positive outcomes. Hiring a data science consulting firm for your analysis can be more beneficial since they have years of experience and can give an accurate analysis. Make accurate business decisions by hiring our data science consultancy services. Reach out to us now to get started!