Data Modelling and Algorithm Development Services

Big Data modelling involves developing mathematical algorithms and advanced statistical models to analyse and extract insights from big data. Big data modelling is leveraged for strategic decisions or enabling intelligent data driven decisions within an enterprise.

Big data models gave a major boost to the industries in the recent times. It has numerous important functions starting from working as a recommendation system for an e-commerce platform to any dynamic pricing model for an airline. Big data modelling has far reaching impact not just in enhancing the businesses’ efficiency but also in transforming the business models in different industries.

e-Zest has leveraged a number of big data models for its clients in the past. It includes:

• Sales forecasting models: These models assisted the business heads in planning the right kind of business interventions in order to achieve their targets.
• Price elasticity models: These models helped in predicting the impact of pricing decisions on the businesses.
• Optimization algorithms: These algorithms defined the promotion levels for retail assortments across stores.
• Multivariate regression models: These help in prioritizing the SKUs for a given channel based on a number of parameters.

We would love to hear from you! You could tweet us at ezest. For more of your big data needs, please contact us at info@e-zest.com.