Big Data, Advanced Analytics and AI

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

ASSESSMENT OF CLIENT NEEDS
We meet in person with senior executives to learn business objectives, inventory data, identify current and required resources. Then we establish action items necessary to create a set of predictive models.
ACQUIRE FIRM SPECIFIC DOMAIN KNOWLEDGE

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.

IDENTIFICATION OF BEST MATHEMATICAL TECHNIQUE

We identify the best available mathematical framework or model for your particular business problem. For complex problems, the process is often iterative.

DATA ANALYSIS

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.

API DEVELOPMENT

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.

DOCUMENTATION

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.

23Sep 2013

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 […]

08Oct 2013

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 […]

14Oct 2013

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 […]

16Oct 2013

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 […]

18Dec 2013

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 […]

19Dec 2013

  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 […]

07Jan 2014

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 […]

09Jan 2014

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 […]

15Jan 2014

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 […]