Our Advanced Analytics practice is our fastest growing segment. We take a very strategic approach by starting with the needs of senior executives and working across and down the organization to execute. The most important piece is to get the strategy right by asking the right questions after we identify key data correlations and KPIs. We then work to see where the good data is, how difficult is is to mine and if there is enough of it to truly monetize your chosen data correlation. We seek business game-changers and only work on data that make or save you and your company money. Our SaaS model, senior business and technical advisors create a highly valuable, low-risk, yet dynamic and truly enlightening process for our clients.
*UNDER CONSTRUCTION
HOW WE WORK: OUR SIX STEP PROCESS
We spend time with senior executives and other members of your team to assess business complexity and acquire the knowledge necessary to ask relevant questions about the business, and for simulation and predictive modeling purposes.
We identify the best available mathematical framework or model for your particular business problem. For complex problems, the process is often iterative.
We assess your data and perform any cleaning, normalization, or structuring that is required. Once we have a usable dataset, we apply statistical routines and iterate on results until model variables are significant.
Once a predictive model is developed, we deploy the model to a production environment, by way of a custom API. In short, APIs, or Application Programming Interfaces, are the connections between different systems or layers of an application. Moreover, applications usually have three layers: a data layer, a service (API) layer, and a presentation (UI) layer. The API layer contains the business logic of an application. These are the rules of how users can interact with the services, data, or functions of the app. Essentially, data is given to the API and it sends back predictions. Accordingly, as with any software, carrying out regular API tests is strongly recommended. Furthermore, although there are several unique aspects of api testing, it generally consists of making requests to single or multiple API endpoints and then validating the response. In short, software testing can be carried out to assess performance, security, functional correctness, or as a status check. For those that need more background into this, they can check this out to see what to do next and how to implement these within their system.
Our entire process is thoroughly documented. This includes: design of the experiment, table structures, sample data, R scripts used for statistical analysis, and documentation to use the API.
Business/ Technology Vendor Selection Services and IT Management
Today’s decisions are complex, combining hard facts with expert intuition. Rapid business decision-making often requires collaboration across time zones, organizations and cultural norms. Lombard Global’s business and technical advisors bring the power of proven collaborative decision-making processes and technology to your internal and external teams. With Lombard Global you will save time, make better decisions and improve your bottom line results. In addition, we manage key software and IT functions and processes for our global clients.
Written by Bruce Mitchell, Senior Advisor to Lombard Global, Inc. Edited by William Billeaud, President of Lombard Global, Inc. Why would anyone want to move their manufacturing operations to the other side of the world in an ancient country and culture ruled by a Communist government? Here is one of many possible scenarios. A company […]
Researched and written by: Megha Singh, Director of Global Strategy and Finance at Lombard Global, Inc. Edited by: William Billeaud, President of Lombard Global, Inc. Private Equity has traditionally reported its performance by using Internal Rate of Return (IRR). IRR is defined as the discount rate that makes the net present value of a series […]
Written by Bruce Mitchell, Senior Advisor of Lombard Global, Inc. Edited by William Billeaud, President of Lombard Global, Inc. Step 1: Establish Project Teams The Executive Team Consider utilizing two teams to implement manufacturing in China. The initial team should be the Executive Team including the Company President and Chief Executive Officer, Division President, Corporate […]
Written by Megha Agarwal Singh, Director of Strategy for Lombard Global, Inc. Edited by William Billeaud, President of Lombard Global, Inc. How much would you pay for a business? Knowing what assets are worth is what determines intelligent decision making – to make a portfolio investment, pay for a takeover, sell your business and financing […]
Written by: Dallas Terry Edited and Published by: William Billeaud While it’s true that employing a sustainable waste management plan will improve a firm’s bottom line, it takes knowledge and a sense of innovation to recognize the many benefits of employing a zero waste business. I’m sure we’d all love to carry out a zero […]
Written by: Ales Senegacnik Edited and published by: William Billeaud Slovenian automotive industry Source: sloveniatimes.com Background Slovenia is a relatively young country that declared its independence in 1991 from Yugoslavia and joined the European Union (EU) in 2004. Since its independence the country’s economy has boomed. Between […]
Written by Bruce Mitchell Edited and published by William Billeaud If you have available equipment in the U.S. that you can relocate without impacting your existing manufacturing capacity for current sales, you should seriously consider relocating the equipment to your China operations. It can be more affordable for the business to move production overseas and […]
written by: Bruce Mitchell edited and published by: William Billeaud Obtaining a Building Construction Permit Prerequisites 1. You have selected the Industrial Zone and contracted to purchase the land and/or to have a Developer construct your facility. 2. Received a business license establishing your Chinese Company. As part of this process you will have also […]
written by: Bruce Mitchell edited and published by: William Billeaud Environmental Permitting Procedure It is important during the entire process that you ask as many questions with knowledgeable people as you can find in order to get detail, different perspectives and to determine consistency from different sources. This applies to locating equipment vendors, determining utility […]
