The Internet of Things (IoT) and Industry 4.0 are changing business paradigms for software and technology companies. Connected software and hardware devices generate enormous data sets. To gain a strategic advantage successful companies use advanced analytics to reveal valuable insight from this large corpus of data.
Elder Research has helped software and technology companies leverage data science to solve tough business challenges, inspire product and service differentiation, and uncover profitable competitive advantages. Here is a brief overview of our analytic services for software and technology firms:
Product Usage & Log Analytics
Commercial product logs are a very rich source of information about how customers interact with products and software. Data mining, predictive analytics, and data visualization can reveal robust quantitative measures of software quality and precise user interactions. This insight can be used to: streamline software processes, improve software stability, and enhance user experience and retention.
IoT & Sensor Analytics
IoT is creating opportunities for industries to take advantage of big data to improve product usage, reduce maintenance costs, and avoid equipment failures. We have extensive experience helping our clients use predictive analytics to filter through the noise of big data from sensor networks to reveal actionable insight.