Predictive analytics

Data Science & Predictive Analytics

Predictive analytics is a methodology that enables the prediction of business-relevant events through the use of statistical modelling and machine learning algorithms. We use predictive analytics on the basis of the large amount of data collected from various sources to determine the patterns and predict future events and trends. This way we help companies in various industries, from financial services to public administration, healthcare, media, manufacturing and retail. By using predictive analytics we analyze existing data and past events in order to obtain a better understanding of your customers and their habits.

Indentification of critical points

Value added for client

Strategic value – Define key value chains in accordance with company strategy. Align business goals (KPI) for key processes with company strategy (BSC) and define priority projects for process optimization and automation. Cost/Benefit analysis and ROI projection are prepared for each Business Case/Scenario. 

Based on a uniform definition of processes the top management appoints process owners for key processes, defines measurable goals for them and establishes a process management committee. Process teams gain necessary knowledge and skills for methodical approach to process management, consequently improving internal communication and interdepartmental handovers. Innovations, new approaches and proactive thinking become standard, employees are empowered and encouraged to participate in improvement efforts and are the main guarantee for the company to stay successful and in good shape.

What we do

There are core principles in our BPM approach we adhere to and our approach adjustments are variations on the basis of those principles. Basic cycle consists of key phases that constitute a closed circle of continuous improvement.

Key phases:
  1. Discover current state and assess company's maturity and its processes; define value chains
  2. Analyze processes, business roles and used IKT solutions to find critical points in operation and select improvement opportunities 
  3. Design detailed to-be state with Business Cases / Scenarios on selected processes and eliminate critical points. 
  4. Implement IT and business organizational changes and improvements
  5. Manage & Control process performance with the help of metrics and KPIs
  6. Improve process efficiency and effectiveness  

Our Services

We view business performance improvement as a discipline that crosses four key themes - or pillars- of focus that any company will endeavor to improve.  Visibility – we need to understand how our process is truly operating and be able to act on that information.  Control – we need to fix our process because the process just isn't getting it done for our customers or our business. Performance – we need to radically improve a process because either it does not exist or, it is too expensive or broken to bring into control. Innovation - we need to make a change that makes a valuable change. We need to understand how our processes are truly valuable for our customers and be able to act on that insight.

Within each theme, there is a very prescriptive method and set of tools we can apply to achieve the desired outcomes in each theme.

Our mission is to deliver tangible benefit to our clients in very discrete pieces of work, whether we are doing process innovation and design, value stream analysis, designing process measurement systems or implementing a Business Process Management Suite (BPMS).

News

CREA pro Conducts R Trainings

Training R programming language
Training R programming language

CREA pro conducts trainings for using R for development of predictive models.

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CREA pro with Best Result of NLB Pilot Project in Predictive Analytics

CREA pro participated in the pilot project of Nova Ljubljanska banka in the field of predictive analytics, namely to build a predictive model for predicting dropout parties (churn model).

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Andrej Guštin Among Speakers at the Building Business Capability Conference in Orlando

BBC Conference 2017
BBC Conference 2017

Andrej Guštin, CEO of CREA pro, will be present as one of the speakers at the BBC conference that provides insight into Business Analysis, Business Architecture, Business Process, Rules and Decisions, Business Strategy and Transformation toward the pursuit of business excellence.

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