Data Collection and Analysis
What is Data Collection and Analysis?
Data Collection & Data Analysis are powerful tools that can be used to assist in evaluating internal or external operations in virtually any business environment. Data Collection focuses on the unbiased gathering of raw data specific to the question or problem(s) at hand. Data Analysis involves examining and interpreting the collected data to discover meaningful patterns with which to draw conclusions or judgments, evaluate possible outcomes and enable informed strategic and leadership decision making.
What are the Benefits of Data Collection and Analysis?
Data is changing the way we conduct business. Data can help organizations optimize the quality of work, draw valuable insights, predict trends, prevent risks, save time, drive profits, make better decisions, and so on. By collecting data, organizations have a treasure trove of valuable information at their disposal that can be utilized to thrive in today’s competitive market.
Data collection and analysis can help companies:
- Make more informed/better decisions
- Draw valuable insights
- Improve processes
- Gain insights into performance
- Identify opportunities and risks
- Increase efficiency
- Optimize the quality of work
- Determine costs associated with a process, product or service
- Understand customer needs/concerns
- Improve customer satisfaction and retention
- Measure the effectiveness of a given process, service or strategy
- Gain insights into trends and competitors
- Enhance marketing efforts
- Develop quantifiable Product Intelligence information
What Does Argent Offer?
Argent is a recognized leader in data-driven operational assessment using Industrial Engineering tools such as time and motion studies, structured data collection and diagnostic analytics. Argent has extensive management, operations and support experience. We engage with clients to understand their current situation and work with them to evaluate performance, capabilities, resource requirements and cost of services, and identify opportunities. Argent can help you leverage the engagement outcomes to develop valuable information and tools your team can use to increase productivity, reduce cost and improve quality and service levels.