BUSINESS & PERFORMANCE IMPROVEMENT
INDUSTRY ANALYTICS
Industry Forecasting Model
A client's industry model had a run time of 8 hours and they required it to calculate faster. An alternative software solution was proposed, with significant additional benefits. Upon rebuilding the model, the following benefits were achieved:
The run time was reduced to 7 minutes through improved logic, optimised architecture and a faster calculation engine
A 10% increased accuracy in the outputs was achieved as a result of the model being audited and corrections being made
The new architecture provided increased visibility in and access to the data
Additional analytical tools and KPIs were developed during the project as a result of the client gaining a better understanding of the data available
FINANCIAL ANALYTICS
Big Data Modelling and Forecasting
A government client's pilot economic model to calculate and optimise a test group of their workforce's (past and present) pension plans had a run time of 2 hours. They required a significantly shorter run time and the ability to roll out the solution to their entire workforce. An alternative software solution was proposed, and upon rebuilding the model, the following benefits were achieved:
The run time (for the test group) was reduced to less than 1 minute through improved logic, optimised architecture and a faster calculation engine
The solution was rolled out for the entire workforce - a 2000% increase in data
The new architecture provided increased visibility in and access to the data
BUSINESS OPERATIONS AUTOMATION
Cost Reduction Through Automation
Using Robotic Process Automation tools, repetitive business processes not requiring complex decision-making have been automated for several clients in a range of industries (banking, insurance, hospitality, manufacturing and industrial).
These processes, which usually required several hundred man-hours a month, were configured to run autonomously (barring unpredictable exceptions), providing a significant Return on Investment. Implementing RPA solutions saved the clients time and money, reducing the impact of human-error, and freed up employees to carry out more complex and value-adding tasks.
OPERATIONAL ANALYTICS
Refinery Performance Improvement
A client required an updated KPI report for one of their operations (a refinery). A detailed analysis of the throughput data provided the insights needed to design the KPI report. This ultimately helped the client manage and improve the production of the refinery.
The analysis also helped identify several 'quick win' solutions to improve performance, and resulted in an immediate 20% improvement in the refinery's throughput through effective bottleneck management.
