Descriptive Analytics
Do you know what's going on with your business?
Descriptive analytics can help you identify the areas of strength and weakness in your business.
If your descriptive analytics capabilities are falling short, it’s likely due to one of the following common obstacles:
You cannot visualize your data in real time and make the right decisions.
You don’t understand the historical evolution of a product or service and it’s process over time.
You do not know and understand KPIs measurement factors that reveal the state of your business.
DAECO's analytical descriptive model allows you to resolve these obstacles
Descriptive analytics is an important component of performance analysis so that managers can make informed strategic business decisions based on historical data.
The 5 Stages in our
Descriptive Analytical Model
Decide the business metrics you plan on using
These should reflect key business goals of each group or of the company overall.
Examples of metrics used in this stage could include year-over-year pricing changes, month-over-month sales growth, the number of users, or the total revenue per subscriber.
Collect the necessary data
We need to identify any types of data that may help improve the understanding of the critical metric.
Locate the data you need to produce the desired metrics.
Prepare the data
Data from different sources, applications or teams needs to be cleaned and normalized to improve analytics accuracy.
If the data comes from multiple sources, extracting, combining and preparing the data for analysis is a time-consuming yet vital step to ensure accuracy.
Analyze the data
We use a wild range of techniques for analyze the data:
Present the data
Visualize your data through dashboards using state-of-the-art BI tools. Displaying metrics in charts and other graphic representations can more efficiently communicate their impact to a wider audience.
Descriptive analytics uses a full range of data to give an accurate picture of what has happened
It is the most basic and common type of analytics that companies use, summarizes and highlights patterns in current and historical data.
We can help you make sense of vast amounts of historical data.
With DAECO ́s descriptive
analytical solution
Improve insight and understanding of complex situations in your operational processes.
Compare your business performance with competitors or across product lines.
Simplify communication over numerical data.
Motivate teams to achieve new goals.
Easily identify operational processes and business areas for improvement.
We can help you make sense of vast amounts of historical data.
Improve insight and understanding of complex situations in your operational processes.
Compare your business performance with competitors or across product lines.
Simplify communication over numerical data.
Motivate teams to achieve new goals.
Easily identify operational processes and business areas for improvement.
We can help you make sense of vast amounts of historical data.
