AI
Descriptive Analytics
What Happened?
Examines historical data to answer questions
Diagnostic Analytics
Why did it happen?
Identifies patterns and discovers relationship in idea.
Basic Value and Insights
Why did it happen?
Why did it happen?
Uses current and historical data to predict future activity
Prescriptive Analytics
Prescriptive Analytics
Examines historical data to answer questions.
Higher Value and Advanced Insight
Innovative Development wants to guide our clients to attain a firm grasp of predictive and prescriptive analytics. As you add more advanced analytics capabilities, our clients gain:
- A better understanding of current and future performance
- Deeper knowledge of customer behaviors
- Important key performance indicators (KPIs) for decision-making
- Greater capacity to experiment, learn, and improve
- An actionable advantage over less sophisticated competitors
Machine Learning
Innovative Development implements strategies at clients that assist in the identification, qualification and conversion of their potential customers into actual clients.
The following are the categories for targeting clients:
- Segmentation and Targeting
- Customer Churn
- Customer Life Time Value
- Recommendation Engines
- Marketing Mix Modeling
- Customer Attribution
AI and Machine Learning for eDiscovery
Innovative Development works with clients to integrate their business processes and IT technology to leverage AI and Machine learning throughout the EDRM. This included Frictionless AI and applying AI and Machine Learning earlier in the EDRM to facilitate ECA and data culling at the very beginning of matter.
Innovative Development is a leader in assisting clients in leveraging technologies embedded and integrated with existing collection, ECA, processing and hosting/review platforms. This includes Predicative Coding, AI as the curator, advisor, and orchestrator of the matter data analysis and other innovative ideas to reduce collection and review costs.