Tuesday, June 19, 2018

Statistical consulting- Help you with your Business Needs


Statistics consulting deals with problem that the company experiences. They will ask for all the problem related data and ask all the problem related questions. Then they will analyze the data. It is only after that they analyze the numbers in order to reach the best possible judgment. This analysis will prove extremely helpful for the companies to take up right decisions.

There are many companies which use the six methodologies to analyze the problems and come up with the appropriate solution for the issue. They follow a DMAIC sequence to come up with a solution. DMAIC stands for Define, Measure, Analyze, Improve and Control. 

Each of these phases involves extensive research and analysis in order to get to the right answer. Companies like GE and Motorola were the first to accept this methodology and to implement it. Six-sigma is almost like a culture and the quality benchmarks are set very high. Six sigma permits only 3.14 defects per million opportunities. The analysis if done the six-sigma way will assure best quality and will enable best decision making for any company.



Is There Anyone Out There Who Can Help Me?

There are many people who also hire statistical consulting help to have the analysis done on the matters which will require thorough analysis. Normally not everyone is experienced with the statistics and analysis. However, they can always hire an expert to help them with this aspect whenever required.

Companies also take help from expert analysts to assist them with decision making. They analysis buy reports from statistics consulting companies like Gartner who are well known for their research and analysis. Gartner is a company who are pioneers when it comes to research and analysis. They have extensive reports sold on their websites for thousands of dollars. They have clients like IBM, TCS, Cap Gemini, Dell, HP and many fortune 500 companies who subscribe to their services. They also conduct Symposiums where people like Bill Gates give presentations as well. They conduct such types of events about 2 to 3 times a year. It is always best to get hold of the best market statistics in order to have a definite edge over the competition. 

However, there are people and companies who hire the services of independent analysts to assist them with their decision making. They will provide them with the raw data required for the analysis and let the expert companies churn them inside out till they come up with the best possible solution to tackle the persisting issues.



How to Know When Do I need Help?

We all need some analysis or the other done in our lives which could prove decisive to make important decisions in our lives. Statistical consultants are the best resources to seek help if we are not the experts in the analysis front. They are more suited to do such type of jobs and they have the eye for the details to find solutions to your problems.

Everyone like Lawyers, research scientists, students, attorney and may others seek help from the statistics consulting from time to time. It is better to hire professional help to aid us with critical decision making issues that to make decisions based on guesswork and feel sorry for the decisions later in our lives.

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