Wednesday, 24 October 2012

Data Analysis Software Solutions and Risk Assessment Tools

Data Analysis Software Solutions and Risk Assessment Tools: 
Statistical analysis refers to a collection of methods used to process large amounts of data and report overall trends. It provides ways to objectively report on how unusual an event is based on historical data.
It is required in Risk analysis, Optimization, Six Sigma, CMMI, Financial analysis, Forecasting and almost everywhere, even in our day to day life. With statistics involved in our analysis we can be sure of our results/reports etc.
If we have small data then we can manually perform statistical tests, simulation, time series forecasting, clustering, data mining, modelling etc.
But this is not always the case. So for getting insight into our data and get the more out of it, which is of importance to us, we use Statistical analysis software.
Below are the software which covers all Basic and Advanced Statistics and help us get the best solution of our problem:-

Risk Analysis & Simulation:-

Oracle Crystal Ball & Decision Optimizer :

It is simplest and most complete tool for Monte-Carlo simulations, time-series forecasting and constraints-based optimization for Microsoft Excel spreadsheets and models.
Crystal Ball automatically calculates thousands of different “what if” cases, saving the inputs and results of each calculation as individual scenarios. Analysis of these scenarios reveals the range of possible outcomes, their probability of occurring, which input has the most effect on your model and where you should focus your efforts.

Optimization :-
What’s Best :
What's Best! Is an add-in to Excel that allows you to build large scale optimization models in a free form layout within a spreadsheet? What’s Best! combines the proven power of Linear, Nonlinear (convex and no convex/Global), Quadratic, Quadratic ally Constrained, Second OrderCone, Stochastic, and Integer optimization with Microsoft Excel.

LINGO is a comprehensive tool designed to make building and solving Linear, Nonlinear (convex & nonconvex/Global), Quadratic, Quadratically Constrained, Second Order Cone, Stochastic, and Integer optimization models faster, easier and more efficient. It can connect to any Database.


With the LINDO API, you can easily create your own optimization applications. It allows you to plug the power of the LINDO solvers right into customized applications and mathematical programs that you have written.

Statistical Modeling:-

TIBCO Spotfire S+:

With S+, statisticians and statistical programmers can apply, prototype and deploy statistical models and predictive analytics up to five times faster than with competing modelling environments. S+ is the only commercially-supported statistical analysis software that delivers a
cross-platform IDE for the award-winning S programming language, the ability to analyse gigabyte class data sets on the desktop, and a package system for sharing, reuse and deployment of analytics in the enterprise and in validated environments.


IBM SPSS Statistics is an integrated family of products that addresses the entire analytical process, from planning to data collection to analysis, reporting and deployment. With more than a dozen fully integrated modules to choose from, you can find the specialized capabilities you need to increase revenue, outperform competitors, conduct research and make better decisions.

Data Mining & BI :-


SAS is an integrated system of software products which enables programmers to perform:
Retrieval, data management, and data mining,
Report writing and graphics
Statistical analysis
Business planning, forecasting, and decision support
Operations research and project management
Quality improvement
Applications development
Data warehousing (extract, transform, load)
Platform independent and remote computing
In addition, SAS has many business solutions that enable large-scale software solutions for areas such as IT management, human resource management, financial management, business intelligence, customer relationship management and more.

TIBCO Spotfire :

TIBCO Spotfire Professional makes it easy to build and deploy reusable analytic applications over the web. Or perform pure ad-hoc analytics, driven on-the-fly by your own knowledge, intuition, and desire to answer the next question. Spotfire analytics does all this by letting you interactively query, visualize, aggregate, filter, and drill into datasets of virtually any size. Ultimately you will reach faster insights with Spotfire and bring clarity to business issues or opportunities in a way that gets all the decision makers on the same page quickly.


Eviews :

A combination of power and ease-of-use make EViews the ideal package for anyone working with time series, cross-section, or longitudinal data. With EViews, you can quickly and efficiently manage your data, perform econometric and statistical analysis, generate forecasts or model simulations, and produce high quality graphs and tables for publication or inclusion in other applications.

LIMDEP is an integrated program for estimation and analysis of linear and nonlinear models, with cross section, time series and panel data. LIMDEP has provided many recent innovations including cutting edge techniques in panel data analysis, frontier and efficiency estimation and discrete choice modeling.


NLOGIT is an extension of LIMDEP that provides programs for estimation, model simulation and analysis of multinomial choice data, such as brand choice, transportation mode, and all manner of survey and market data in which consumers choose among a set of competing alternatives. NLOGIT has become the premier package for estimation and simulation of multinomial discrete choice models.


Shazam is easy-to-use, comprehensive programmable software package for econometrics. The primary strength of Shazam lies in the estimation & testing of many types of regression models.

Quality – Six Sigma & CMMI :-

Sigma XL:

A powerful but easy to use Excel Add-In, that will enable you to Measure, Analyze, Improve, and Control your  service, transactional, and manufacturing processes. This is the perfect tool for Six Sigma® Green Belts, Black Belts, Quality and Business Professionals, Engineers, and Managers. SigmaXL is a fraction of the cost of any major statistical product, yet it has all the functionality most professionals need.

Discover Dynamic Data Visualization. Discover Things You Never Expected. Statistical discovery software that’s fast, powerful and totally interactive.

For Further Information, Helpful Resources and Queries, Kindly Visit

Binary Semantics Limited,
Plot No. 38, Electronics City
Sector 18, Gurgaon-122015, Haryana, India.
Phone: +91.124.4787200/2397660
Fax: +91.124.2397655
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Friday, 12 October 2012

Mobile App usage in India – Eye Opener for Organizations!!

With the penetration of Smartphone and internet enables mobile phones, the Mobile Applications and Mobile Websites have witnessed surge in its usage opening up a new window for Companies to enhance their market share with Utility mobile application development company that can offer great assistance to prospective and existing users that may increase customer satisfaction. India has witnessed strong growth in usage of Mobile phones over past decade emulating the traditional landline phones. The same trend is seen for Smartphone usage and Mobile Applications. Indian Youth is finding the mobile applications quiet useful for shopping and gathering product updates. According to eBay India Mobile Commerce Survey Mobile Assisted Commerce (MAC) has grown to a new level as over 94% of Indian smartphone users access the internet on their mobile. The study of eBay says that 68% of users have made an online purchase using their smartphones. Youths are the driving market for m-commerce and the survey reads that gadgets are the most popular online purchases. Over 68% of mobile internet users have bought gadgets on their smartphone followed by 40% who have bought clothes and footwear and 34% who have bought books.

It is been observed that m-commerce is proving to be an extension of service desk for ecommerce portals and local retailers. The people like to surf about product and related information on internet using their smartphone itself before they go for purchase. 84% of the M-commerce users use their smart phones to check product prices. 65% users used it to locate a store, 57% users researched product features before making a purchase, 55% of users looked for deals and 48% users said that they checked product availability. Samsung & Nokia (40% each) are the smartphone of choice for the mobile Indians. The iPhone (17%) is the third most popular smartphone brand.

All this depicts, mobile apps are proving to be an out of store and in pocket shopping facility to consumers these days and they are also happy to follow the trend with convenience. It would not be wrong to say, people are no more willing to make shopping as burden and time consuming activity. They like to find things whenever hey like and not willing adopt time bound shopping.

Businesses need to think to give the best experience and easy accessibility of their store, products, services, facilities etc. Small or large enterprise, all have their specific needs and scope to enhance consumer services by adopting the new medium where in Mobile Application Development is the current trend. India being an IT hub has pool of iphone applications development Why to wait in this competitive world? You may give your business a better push by adopting latest trends!!

Sunday, 7 October 2012

Things for Interactive E Commerce Application

1. Landing Page: It’s in demand and becoming necessary also. With Online Advertisement and PPC, It becomes very important to make a very good impression on customer with your e commerce website design. Aesthetically designed landing page can entice customer to go for the next pages. Remember to claim in landing page what you really offer.

2. User Interface: It’s the most basic thing required for buying user time on e-commerce solutions that everyone organizations thinks to provide yet gets confused to provide the same. Hitting the bull’s-eye with best offering which is in Demand and also profit making for Business. It will produce impetus for consumer to dig in more into the website.

3. Online Chat Box: It is good to integrate a chat box on your ecommerce website design. It helps you convert visits on your website into conversions. The online chat box may help the user for clearing possible confusion in his mind. Assistance with 24 Hours of helpline is always a plus Point!!

4. Social Media Widgets: Everyone is active in so called Social Media Bubble these days. It becomes trend if it’s of worth. As a business organization, try and open discussion on every product you offer and give its integration with Social Media Channels. All people to share with friends, family through email, Social Websites etc. Observations: - which is India’s one of the biggest retail giant recently advertised about its reply back on twitter within 10 minutes. The company is actively present on Social Media Channels and focusing on Prompt Customer Services.

5. Build Online Reputation: With accessibility of online medium, there is urgency for Online Reputation Management Also. Your product/ Services can get viral for Positive and Negative remarks both. Establish a complaint cell on all Online medium where you have presence and actively think to respond on daily basis. You should be sporting to listen about your mistakes. It will help you improvise your services.


This website finds real time discussion about keyword, topic, and brand across universe on Social Media Websites. It bifurcate the view points into positive and negatives

6. Feedback Form: It’s a recurring practice that businesses need to understand its importance. A feedback is a mirror image to your service offerings and proactive step to aggrandize the quality commitment in services Offered.

Wednesday, 3 October 2012

Is it Better Choice to Outsource SEO Services to India For Affordable Budget?

SEO is a set of practices that supports in building your business online to get traffic to your website and convert this traffic into profitable customers. In the era of internet the world is swiftly shifting towards new technologies that are building the businesses outpouring. A business can choose different ways that benefits it to get reputation. Outsourcing SEO Services to India is one beneficial way that aids in making online existence. Outsourcing SEO services has come to be a drift and many entrepreneurs keep an eye on it to get more profit from their venture. India is one of the ideal destinations to outsource SEO Services. Major motive behind this is convenience of large technical capability and state-of-the-art, low cost SEO Services.

Seo Services in India can comfort both the clients and SEO agency. The clients can emphasis on more vital business deeds while outsourcing the SEO activities to a SEO agency in India that focuses in SEO work. India has well status in providing ITES services. Companies can get SEO results at a very low rate from India as equated to the other counterparts around the world. The experts here are proficient in conduct the client's assignment proficiently and have familiarity in management such SEO workout as India has been providing SEO Services for more than a decade now. In India class of the SEO services is engaged utmost attention. An owner of a website or a company desiring to acquire a high rank in the search engine needs a lot of carry on and truthful hard work to achieve top ten organic rankings in major search engines. Best SEO Services comprise lot of undertakings like upholding the website individuality with fresh content and thus alive it more valuable than other opponent's website.

There are two forms of outsourcing practices .Either you can outsource Seo Services to a well established company or outsource to a freelance professional. However, a company is the faithful destination as SEO is directly concern with online reputation of your business.