7 Data Analytics Areas

Data analytics aids businesses to convert their raw business data into actionable insights. This environment is constantly changing, hence it is important for software companies to keep up and ensure businesses have the best services.

1. Financial Analytics

• Monitoring revenue, expenses, and profitability of a company.

• Profitability analysis and financial performance management.

• Budget planning, formulating long-term business plans.

• Financial risk forecasting and management.

  2. Customer Analytics

• Customer behavior analysis and predictive modeling.

• Customer segmentation for tailored marketing campaigns.

• Personalized cross-selling and upselling offers for extended customer lifetime value.

• Predicting customer attrition and customer churn risk management.

• Customer sentiment analysis for increasing product/service quality.

  3. Brand and Product Analytics

• Conducting product performance analysis.

• Tracking customer interactions with a product to identify pain points leading to churn.

• Conducting competitor benchmarking.

  4. Asset Analytics

• Real-time asset monitoring and tracking.

• Asset life cycle management.

• Predictive and preventive maintenance.

• Asset health prediction.

• Designing asset maintenance and replacement strategies.

  5. HR Analytics

• Employee/department performance monitoring and analysis.

• Employee experience and satisfaction analysis.

• Employee retention strategy optimization and management.

• Employee hiring strategy analysis and optimization.

  6. Supply Chain Analytics

• Identifying demand drivers, consumer demand forecasting, and planning.

• Supplier performance monitoring and evaluation.

• Predictive route optimization.

• Determining the optimal level of inventory to meet the demand and prevent stockouts, inventory planning, and management.

• Identifying patterns and trends throughout the supply chain for enhanced supply chain risks management.

  7. Manufacturing Analytics

• Overall equipment effectiveness analysis and optimization.

• Manufacturing process quality prediction and management.

• Equipment maintenance scheduling.

• Power consumption forecasting and optimization.

• Production loss root cause analysis.

Conclusion

There are many areas of analytics and as software evolves, more areas will continue to develop.

For more information on data analytics and software, visit ISUCorp.ca

Three Ways Custom Software Encourages Innovation

Custom software can elevate the branding of businesses, help to promote efficiency within business practices, and help to create cohesiveness. With our focus at ISU Corp being on solving software problems with cutting-edge solutions, we have made great headway within the industry because of our innovation and creativity. 

So, What Are Three Ways Custom Software Encourages Innovation? 

1.Our Employees Strive to Excel

They Come In Each Day With The Goal of Innovating and Creating!

2.We Create Meaningful Business Connections 

We Build With Your Business In Mind!

3.Makes Your Business Stand Out 

Customized software solutions mean we are able to hear a range of different business needs and solve more unique software problems. This ripple effect means we discover and develop new approaches to solving problems. 

Employees Strive to Excel 

When employees are provided with the space to innovate, develop and create, they feel like they have a space where their voices matter. This can become not only a safe space for employees, but this means they are more likely to share what is on their minds. When more than one voice is contributing, this means we have many great minds tackling a task and this can snowball into success for businesses. 

Custom software development teams are tackled with solving problems for business through developing software solutions. The most seasoned professionals can use custom software development to learn about new practices, changing the way they approach problems, and answering problems by looking at them from a fresh perspective. The creativity that is bred among teams that develop custom software is unmatched through the software industry. 

Creating Meaningful Business Connections

An IT team may come into your business, add in their typical software and go on their way. Instead, at ISU Corp, our custom software development entails complete custom branding that embodies your company. Custom software stands apart from the rest because we pride ourselves on building a strong understanding of your company and your goals. While we pride ourselves on timeliness, our focus is client satisfaction. Knowing your goals, wishes, and your vision for your company means our software development is built on a strong foundation with your business needs at the center of every step of our development process. 

Makes Your Company Stand Out 

Being a provider for customized software solutions means a wide range of businesses approach you with different problems or needs in mind. Having a team of seasoned professionals tackling these various problems means they can have a wide perspective on how to approach solving problems through software. The impact this can have in the software industry is absolutely unmatched. 

ISU Corp has been recognized countlessly for its innovation in custom software solutions and named the most innovative high-tech enterprise software company while being recognized within both Canada and the United States. Among our awards, time and time again, our success has been recognized as boiling down to our delighted customers, engaged employees, and finally, our innovation. 

In Conclusion: Custom Software’s Impact is Unmatched

The success of ISU Corp has been our custom software approach because it allows us to give our employees a space to collaborate, create and focus on ensuring each interaction we have with our customers is a success. The steps we take along the software development process work together to promote an environment that cultivates innovation.

ISU Corp is ready to tackle your software needs with our inspired professionals by your side! Contact us!

Online Team Building 101: HubLinked

As we enter this digital age, working solely in the office is slowly becoming a way of the past. Adjusting to a work-from-home environment can feel like it is providing many with much more flexibility and time with their loved ones but at the cost of communication. Our workplace forms of communication we once relied on, like meetings or casual office chats, have now been replaced by computer screens and Zoom links. The root of the problem is to ensure we introduce a way for employees to feel that strong workplace culture that enabled them to once thrive in their work environments, but now from the comfort of their homes. 

Let’s Introduce You To HubLinked 

So, what is HubLinked? It is a digital office platform that allows your team members to share information and collaborate no matter what part of the world they are in. The cloud-based solution is mobile-friendly, which truly captures the idea that you can ‘work from anywhere’. This central location for information means you can aggregate your data from all your software packages and consume them in an efficient and intelligent way with your team. 

Think about this: information is not power, applied information is infinite power. Having lots and lots of information and data is of no use if you do not have the tools or the ability to analyze, implement, and utilize this data. HubLinked emphasizes the power of being able to apply information. Being able to consume and appreciate what is shown to you promotes growth for your organization. 

The People Behind HubLinked 

Business process and team-building mentor, David Mansilla, started his own software company in 2005. He noticed they were struggling to keep his team working together. He decided to simplify the process by creating a software solution, and that is how HubLinked was born. 

Since then, the company has been in business for over 15 years, working with a vast range of companies from startups to Fortune 500s. Cultivating a strong work culture has proven to build the award-winning, successful business it is today. 

HubLinked has been awarded and recognized by Insight Success Magazine as one of the companies with the most disruptive innovation. They describe HubLinked as offering breakthrough solutions to enterprises for monitoring and creating a collaborating platform, in addition to revolutionizing the way businesses keep their teams motivated and highly productive. 

In Conclusion: HubLinked Builds the Team Environment Your Organization Needs

As you have seen, HubLinked has proven itself as a cutting-edge platform to increase productivity, connect with team members, and create a positive work culture. It is no question as to what benefits the digital platform can add to your business. We will work with you to integrate HubLinked into your company and to ultimately provide you with a stronger online team-building experience.

Reach out to learn more!