Predictive analytics is a form of advanced analytics that helps define the probability of a certain action or event happening using current and historical data. The aim of predictive analytics consulting is to make accurate predictions through the enablement of statistical analysis and AI-driven techniques. Itransition builds tailored predictive analytics solutions for companies to increase their bottom lines with valuable insights.
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Deloitte
in marketing-spend efficiency with personalized product recommendations in place
McKinsey
in inventory costs due to accurate demand forecasting
McKinsey
25+ years of expertise in data analytics consulting and solution engineeringÂ
Proven expertise in artificial intelligence, data science and business intelligence
Strategic partnerships with Microsoft Azure and Amazon Web Services cloud platformsÂ
Adherence to relevant data protection laws and regulations
visitor-to-buyer conversion
We built an advanced analytics solution for an ecommerce company to analyze customer behavior in near-real time, forecast buyer conversion rates, and deliver personalized online user experience.
overspending reduction
We developed a solution for a digital media company to simulate promotion campaigns and generate forecasts based on their results, as well as get AI-powered recommendations on marketing campaigns changes.
As an experienced predictive analytics software vendor, we develop software leveraging all major programming languages and platforms available on the market and continuously expanding our tech stack with the new ones.
Itransition’s specialists develop predictive analytics software from scratch and can take up your project from any stage, from solution planning and analysis to its deployment. As a predictive analytics service provider, we also render long-term support services for the implemented solutions to ensure its smooth functioning and on-demand scaling and improvement.
Requirements definition
Identification of business needs and objectives, user expectations and concerns
Assessment of the customer's technical environment
Definition of the solution's functional and non-functional requirements
Data analysis
Assessment of current data management workflows
Exploratory analysis of available data sources, both customer-owned and from public databases, to ensure it meets project goals
Design
Solution's architecture design
Definition of the implementation strategy, algorithms, and techniques
Selection of the optimal technology stack
Project's timeline and budget setup
Implementation
Data preprocessing, including cleaning, annotation, and transformation
Definition of the solution's evaluation criteria
Solution development in line with the selected implementation strategy
Integration and deployment
Solution integration into the customer's infrastructure
Solution launch into production
Technical and business documentation transfer to ensure the solution's correct operation and maintenance
Support and maintenance
Retraining and functional enhancement based on user feedback and new data from the production
Support of system operation under varying load
Adhering to the requirements of ISO standards, Itransition delivers predictive analytics solutions that are fully compliant with industry and legal requirements (HIPAA, GDPR, PCI DSS, etc.).
We equip the predictive analytics solutions with analytics to aggregate feedback and information on how people use the solution, test and evaluate new features, detect usage patterns, and plan and prioritize changes based on this data.
When delivering predictive analytics solutions, we help you protect your data assets by implementing comprehensive data security policies, such as dynamic data masking, end-to-end data encryption, role-based access control, etc.
We help you adopt best data quality management practices and implement cost-effective solutions to automate data validation, data cleansing, data profiling, etc.
Itransition delivers ML-based software solutions to process datasets, identify patterns and anomalies, and clarify the reasons behind poor performance and success.
We create scalable AI-driven solutions to help you automate repetitive detailed-oriented tasks, enhance customer experience, and optimize business processes by accelerating evidence-based business decision-making.
Itransition provides end-to-end data science consulting services to help you leverage advanced technologies such as statistical algorithms, ML, and deep learning to mine your data for hidden insights, run root-cause analysis, forecast future outcomes, and more.
We provide tailored BI solutions to integrate disparate data sources in an enterprise data warehouse and turn it into regular actionable insights, delivered to business users via interactive reports and dashboards.
Our team crafts big data business-oriented solutions to help you capture, process and analyze voluminous multi-type data to increase operational efficiency and accelerate the decision-making process.