Data Analysis Solutions India

Data analysis solutions are being offered by companies in India to the level of utmost satisfaction, are not only highly commendable but also exclusively cost-effective. Whereas data analytics according to experts is a process of looking at and summarizing data and that too with the intent to extract hidden predictive information, it can be used to develop conclusions from the abstracted data. Corporate organizations are using data analysis solutions to make chart out strategic decisions and operational policies.

There have been tremendous growth in the number of companies which offer data analysis solutions to clients not only in India but various other parts of the world. The most part of data analysis is being used by Banking and Financial organization which are more in data mining and data interpretation than others. Data analysis solution helps client companies make better business decisions which are not only business friendly but logical and professional.

Various services included in data analysis solutions including of Survey Design & Programming, Cross Tabs & Banner Tables preparation, Data Analysis, Charting, and Power Point report writing services, verbatim/open end coding, Statistical Data Analytics, etc. are being considered crucial for clients located in the USA or Canada. Some sectors such as finance organizations or banks depend heavily upon data mining and data interpretation and for that these organizations are more than willing to invest handsomely in data analysis solutions.

Considered as a leading supplier of data analysis solutions to the companies located in various developed nations in the Europe and some countries in North America, Indian IT sector along with ITES earns mammoth-sized foreign reserves. Similarly, various BPO and KPO companies in India offer outsourcing services in market research and statistical data analysis clients located outside India. The process not only helps such companies gain profit but higher up the profit margin by reducing the production cost involved.

Data analysis solutions such as Linear, Ordinal, Log-Linear Models, and Non-Linear Regression, etc. along with Regression Analysis including of Binomial Tests, Fishers Tests, Chi-square Tests, etc. being offered by a number of Indian IT firms to their global clients. Some other data analysis solutions such as Summarization – Cross Tabs, Correlation,etc. Data Visualization, e.g. Bar Plots, Bubble Plots, Pareto Charts, Pie Charts, Q-Q Plots, Control Charts, Histograms, etc. being offered by several companies in India.

In a typical data analysis solution clients with the help of data served by the company conclude on something and take decision on the basis of that conclusion. Similarly, data analysis is a kind of modeling of the data with the use of mathematics and other tools. Though there is slight likelihood of exaggeration of facts or points, most of the time data analysis helps client companies reach on to some conclusion.

Data Analysis Services India

A huge demand for data analysis services in India generates ample earning opportunities to companies which are offering data analysis services. Crucial fact is that despite data analysis being a new concept it include lot many things which may even include process of inspection, cleaning, transforming, and modeling of data with the goal of highlighting useful information, etc. Additionally, suggesting conclusions, and supporting decision making, etc. too are being considered the part of data analysis services which are being offered by Indian IT companies.

Data analysis services comprises numerous facets and approaches and that may be a reason that there are a variety of names which are being used in different businesses, sciences, and social science domains. The primary task in data analysis is to do data mining which is also considered as a particular data analysis technique. Data mining focuses modeling and knowledge discovery for predictive purposes to help in some strategically important descriptions to be used for the advantage of firms or the corporate organizations.

Data mining and data analysis being carried out by BPO firms in India is done in very sophisticated manner so that there is no value loss in due course. The process of data analysis covers aggregation of information and focused approach on the same to reach onto some indisputable situation. The data analysis is divided according to the use-value wherein it can be called descriptive statistics, exploratory data analysis, and confirmatory data analysis, etc. amongst others.

Data analysis services offered by Indian BPOs including of Survey Design & Programming, Cross Tabs & Banner Tables preparation, verbatim/open end coding, Statistical Data Analytic, Data Analysis, Charting, and Power Point report writing services, etc. not only contribute to bringing out effective outcome but also maximize the approach towards optimization of benefits. Data analysis requires professionals who are excellent in data interpretation and analytical mindset.

Whereas predictive analysis focuses on application of statistical or structural models for predictive forecasting or classification, the text analysis is done using statistical, linguistic, and structural techniques. Text analysis aims to extract and classify information from textual sources which is a kind of species of unstructured data. Data analysis services in India provided by IT firms or BPO firms include Summarization e.g. Cross Tabs, Correlation.

The summarization inter alia includes Data Visualization, e.g. Bar Plots, Bubble Plots, Control Charts, Histograms, Pareto Charts, Pie Charts, Q-Q Plots, etc. Moreover, data analysis services providing companies use Binomial Tests, Fishers Tests, Non-Linear Regression, Chi-square Tests, Regression Analysis including of Linear, Ordinal, Log-Linear Models, etc. for utmost suitability of the data mining and processing.

A number of BPO companies offering data analysis services in India claim that they do analytical solutions. The analytical solution can be from in the range of project management which has state-of-the-art tools and resources and that too with combination of extensive know-how. In addition to all, data analysis services providing companies aim to build consistent demeanor. Data analysis services by firms in India helps in improvement of productivity as well as timely delivery of goods and equipment.

Database Migration Services

Database migration services includes the migration of data from one format to other which is done cautiously for the reason that each change has its own inherent risk and sensitivities involved in the database migration process. Moreover, in database migration process, the data on the old system is mapped and then transferred to the new system providing a design for data extraction. Similarly, the data loading is done with utmost care so that the design where old data formats to the new system’s formats and requirements is up to established safety norms.

According to the classical definition, Data Migration is a sort of process wherein transferring of data between storage types, formats, or computer systems is done in the most sophisticated manner. Additionally, in such a data migration care is given to locate and achieve an automated migration through programmatically balanced process. The requirement of database migration comes when  organizations or individuals change computer systems or upgrade to new systems. Moreover, when there is some systems merge particularly in the cases of merger & acquisition, database migration becomes necessary.

Depending upon the specific requirement, the database migration process involves the data transfer  between storage types, varied formats, or various computer systems, etc. Notwithstanding, in a typical database migration, the process is performed programmatically so that an automated migration of data can be done. A lot of database migration takes place when the data is essential for future purposes but thanks to physical reason the destination has to be changed e.g. organizations or individuals change computer systems or upgrade to new systems, etc.

IT companies offering database migration service comply with various safety norms during the actual process so that there is no failure in data migration. There have been instances wherein there were huge database transfer failure and the major reason behind such failure has been lack of methodology. Similarly, unrealistic scope and improper understanding and the use of tools, etc. too contribute to the database migration service failure. Further, some traditional reasons behind the database migration failure include inattention to data quality and lack of experience which however, can be resolved by implementing technological inputs and prudent methodology. Moreover, it is an approach of end-to-end migration services which helps achieving successful database migration.

When Data migration has become a common feature in today’s database’s life-cycle, companies involved in it provide cost-effective database migration services with their skilled professionals who assess the requirement and then offer the customized service depending upon the situation and requirement. Moreover, wherein migration from version older to version newer is required, database migration from one version to another is done in the most careful manner so that no data is lost in the process. Notwithstanding, intensive care is needed when data from old system is imported to new system.

Data Analysis Services India

Data analysis service in India is a crucial part of market research which is extremely important for organizations so that insights can be gained and business strategies and strategic policies are made and designed. Moreover, a fundamental part of BPO in India, data analysis can truly be considered a segment which has lots of scope in terms of revenue and employment opportunities. When the globalization process is enabling companies in the USA to outsource their work to companies located in Asia to reduce cost, India can cash in on the opportunity.

Data analysis is applied for certain industries depending upon the requirement. As most of the companies either do not have trained human resource or technology to do data analysis, they outsource the same to BPO companies which specialize in the segment; in the process, the two organizations benefit. Whereas the client firm gets attractively competent data analysis services from BPO firm, the BPO firm specializes in data analysis which helps in knowing the segment in the most sophisticated and articulated manner.

There are some sectors which specifically require data analysis and one of them is BSFI. Data analysis helps banks not only to reduce customer acquisition cost but also derive more mileage from existing customers. Additionally, with the help of data analytic the formation of statistical score cards is made possible which contribute for appraisal of credit risk. The fair appraisal of credit risk helps in quick response time in the entire evaluation process.

Similarly, there is huge business prospect in Market Research Data Analytics in the Manufacturing Sector wherein the optimization of inventory and stocking levels and logistics is done so that enhanced results can be gotten through. Data analysis is essential for demand forecast, optimization and reporting, yield analysis, etc. Additionally, it can be used to do waste control, and understand operator/shift performance, as well as know quality control metrics involved in the production process.

A recent development has been in data analysis software which not only speeds up and livens up the coding process, but also provides a complex way of looking at the relationships in the data. The data analysis software provides a formal structure for writing and storing various memos which can be used to develop the analysis. Similarly, the same can be used to get conceptual and theoretical thinking about the data.

The data analysis software are being used heavily in marketing research, ethnography, etc. to have broad understanding and linear thinking. Moreover, whereas some leading data analysis software such as NVivo, Atlas.ti, HyperRESEARCH, MAXqda V2, XSight, QDAMiner, Qualrus, etc. provide effective and suitable solutions, they also help users receive in depth analysis in various fields to meet out various objectives and challenges.