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Open Data provides management consulting, outsourced analytic
services, and analytic staffing so that companies and organizations
can analyze data and build analytic models that increase revenues,
decrease costs, and improve business operations.
Open Data has experience working with customer data, supplier data,
third party data, as well as data from internal business processes.
Companies today have an unprecedented opportunity to increase their
revenues, decrease costs, mitigate risks, and make more timely
decisions through a careful analysis of their data and a skillful
deployment of technology. The challenge though is that without a good
understanding of the strategic dimensions of data, careful planning,
and correct execution, data related projects can consume expenses
without improving productivity.
Open Data combines this type of strategic advice with outsourced
analytic services and specializes in the following areas:
- Customer relationship management (CRM) -
analyzing customer data to improve revenues and profitability.
Open Data builds data marts and uses these to build and deploy
customer response models, attrition models, and lifetime value
models.
- Risk management - analyzing data to reduce fraud and to identify
other types of risk, including credit risk. Open Data has
developed and deployed statistical models that identify
fraudulent transactions and events. Open Data has also
developed and deployed credit scores.
- Supply chain systems - analyzing data from suppliers to improve
logistics, inventory, and utilization. Open Data has developed
algorithms that improve logistics and optimize supply chains.
- Web services for data - planning and designing distributed,
real-time web service based systems for data processing, data
analysis, business intelligence, and related areas. A particular
specialty of Open Data is the development of open, standards-based
system for high volume transaction streams. Open Data also develops
distributed systems, including grid-based systems.
- Providing
expert witnesses and
technical due diligence - providing experts for independent
evaluations of software and technology, litigation support services,
competitive analysis, evaluation of strategic fit, and technical trend
analysis.
- Data mining, knowledge management, and
corporate data management- extracting knowledge from data and
using the knowledge to improve business processes. Open Data
develops open standards-based systems for data mining and high
performance analytics.
- Proprietary trading - Open Data develops and deploys
proprietary trading technology.
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