Companies often collect mountains of data but simply aren’t able to effectively use it. Data chaos often ensues instead of clear findings – valuable information is often left unused, making decision processes more complicated and less efficient. Important correlations are lost and decisions are often based on out-dated data instead of actual current trends. Data analytics is the answer you have been looking for! It’s more important now than ever to be able to structure complex data, recognize patterns and trends and provide decision-relevant insights. We help companies to switch from reactive to proactive measures using innovative approaches such as predictive analytics and decision intelligence. Our expertise will help you and your company to overcome technological hurdles and generate true lasting value from your data pool. Make your data work for you and enjoy sustainable commercial success!
How We Support You with Data Analytics
Our comprehensive data analytics solutions allow you to make precise and efficient data-based decisions, tailored to suit your company. We link traditional analysis techniques with state-of-the-art technology to gain insights into data, as well as develop pioneering solutions and give you the competitive edge. We help our customers to actively shape their future by transforming data into knowledge and knowledge into action.
Our Data Analytics & AI Portfolio
We will be at your side every step of the way, from developing a clear data strategy, right the way through to automating complex processes using AI and machine learning. We will use innovative data analysis methods and data visualization to make hidden patterns and trends visible and help you to use modern text mining technologies to unlock the full potential of unstructured data. Our predictive maintenance and decision intelligence solutions enable you to minimize production losses and react quickly to critical developments. Discover our data analytics solutions:
Strategic Consulting
We will work with you to develop an individual data strategy tailored to your problems and business aims. This will ensure both getting the most out of your data and generating returns from your investments made into data-based technologies.
LEARN MOREData Analysis & Data VisualizationWe use modern data analysis and visualization techniques to uncover patterns, trends and correlations in your data and present the results in interactive dashboards for you and all stakeholders.
LEARN MOREArtificial Intelligence & Machine LearningWe use our own machine learning models, intelligent algorithms and AI to optimize and automate your business processes, create helpful forecasts and make more efficient data-based decisions for your company.
LEARN MOREText Mining & LLMsWe help you to implement modern text mining techniques and use large language models and natural language processing to discover latent patterns and relevant information in unstructured text data that would otherwise be left undiscovered and unused.
LEARN MOREDecision IntelligenceWe embed data analyses into your decision processes and business results so that you can anticipate decision-making scenarios before they even occur. This means you’ll be able to react quickly and appropriately to critical developments in your company.
LEARN MOREPredictive MaintenanceWe use predictive maintenance tools and AI to predict errors and faults in production lines. With predictive analytics, you can keep downtime to a minimum, plan maintenance accurately and reduce your maintenance costs.
LEARN MOREStrategic Consulting
We offer strategic consulting to help our customers to get the most out of their data. We will work together with you to develop a data-driven strategy tailored to your company to help you reach your business goals. Our expertise help you to delve into your data and recognize potential undiscovered data; targeted use of technology will sink costs and ensure your company has the competitive edge. The aim of our strategic data consulting is focused on making your company quicker, more efficient and sustainable.
Use Your Data to its Full Potential
You can get the most out of your data if it can precisely answer the question being asked. You first require a data strategy tailored towards your company and its goals to ensure that the right data is available for your analyses; this strategy also has to be flexible and take any changes or growth into consideration. Your company is one of a kind, so your data strategy also needs to be tailored to suit your company.
Our Approach
Our experienced data experts will work closely with you and your stakeholders to discover your current pain points and what your data landscape looks like. We will then use this as our basis to develop a strategy with you that can be outlined and implemented step-by-step. We will provide a wide array of possible options with comparable services and cost estimations to help you make the right decisions for every step along the way.
Your Benefit
We will develop a data-driven strategy, providing solutions based on a sustainable plan to give you critical insights at the same time as saving you money. This means that only the technology and approaches which benefit you will be used. You will then enjoy data-based answers to business-critical questions and guarantee long-term investment in data-based technology.
Data Analysis & Visualization
In companies, large amounts of data from different data sources converge. Our data experts will help you to analyze and interpret the collected data to find patterns, trends and correlations. Visualization tools should be used for this so that complex data is shown as diagrams or graphics, which can be easily understood by both you and your stakeholders. This speeds up decision-making and helps companies to develop sound data-supported strategies and optimize their business processes.
Understanding and Displaying Complex Data
What’s the point in unclear and complex data such as financial/customer/production/process, if you can’t even understand it? Data analysis and visualization techniques can be used to help even complex data sets be understood by all stakeholders. Interactive displays, ranging from dashboards right the way through to customizable diagrams, can be used to untap hidden trends and identify any possible issues.
Our Approach
We process data from various sources such as databases, sensors or web applications using Python or SQL. We use visualization tools such as MicroStrategy, Power BI, our own programming in Python or user-defined solutions, to create intuitive dashboards and reports you can use to explore your data. These give you a dynamic insight into your data and puts complex relationships into graphs and charts you can understand.
Your Benefit
Being able to visually analyze data gives you a better overview of your business. All stakeholders are able to identify both current and historical trends, as well as potential future scenarios. Visual transparency makes it easy for different departments to collaborate and creates a common basis for efficiently driving data-based projects. Interactive dashboards allow you to query your data and react appropriately.
Artificial Intelligence and Machine Learning
Artificial intelligence (AI) and machine learning (ML) include technologies which enable computers to learn from data and then make their own decisions. The aim of AI is to enable computers a sort of human-like intelligence; whereas ML uses special algorithms to recognize patterns in data and learn from these without having to be explicitly programmed. Our data experts support your company by programming machine learning models to automate processes, forecast and make efficient data-based decisions.
Prevent Customer Churn
Customers terminating contracts with your company has a negative effect on profitability and turnover. Churn rate increases, which is a dangerous development you want to avoid at all costs. An advanced predictive analysis method allows us to recognize which customers might be thinking about canceling their contracts or changing to a competitor. Analyzing customer behavior along the entire customer journey allows us to identify patterns which may indicate potential churning.
Our Approach
We use data from various sources such as CRM systems (e.g. Salesforce), transaction databases and web analytics tools (e.g. Google Analytics) to get a comprehensive overview of customer behavior. We use machine learning and predictive models to analyze this data and put it into dashboards you can understand.
Your Benefit
Use the analyzed data to develop strategies for targeting and reaching out to possible churn customers before it’s too late. This means that you and your customer success team are in the position to make the changes you need to reduce churn rate, increase customer retention and value in the long-term.
Automated Processes with AI
Many companies have repetitive manual processes which eat into resources and time that can be put to better use. We can use machine learning to automate these types of processes so that your employees can concentrate on strategic tasks and you can get better results faster.
Our Approach
We use techniques to develop intelligent algorithms to automate and optimize repetitive tasks. Our solutions can help make your company more efficient and increase productivity using algorithms to transform manual flows.
Your Benefit
AI supported process automation will save you time, reduce errors and improve the quality of your results. This means your employees can concentrate on the profitable tasks and your company’s business processes will become more agile and efficient.
Automated Data Quality Control with AI
It’s hard work integrating data from different sources and can often lead to inconsistencies, duplicate data and errors. These issues can have a significant effect on the value your digitalization and business intelligence initiatives may have. With advanced methods in data analysis, such as entity resolution, we can ensure that the data quality of your company is at the highest level.
Our Approach
Our AI-supported solutions identify and purge discrepancies in your data by automatically detecting duplicates and correcting incorrect entries. Analytics techniques are used to improve consistencies and the accuracy of your company data so that you can make well-informed decisions.
Your Benefit
Automated data quality assurance not only increases efficiency and the accuracy of your business intelligence processes, but it also eliminates potential error sources and maximizes the use of your digitalized data landscape. You can rest assured that your company data is working for you!
Text Mining & LLMs
Natural Language Processing (NLP) and Large Language Models (LLMs) analyze and process natural language to automatically transform texts into valuable knowledge. It doesn’t matter whether you’re looking for automated text analysis, chatbots or intelligent document processing: we can help you to effectively channel text mining methods. Tap into new efficiency potentials and improve customer and employee interaction. Use automated text processing like never before to give you the competitive edge.
Gain Insights from Texts
Unstructured text data, such as customer feedback, e-mails, social media posts or support tickets often contain important information which could influence how you develop your company strategies. This information is often left unused and buried in large datasets as there are no existing analysis methods in use.
Our Approach
We used advanced text mining and NLP to extract latent patterns and relevant text. We process and analyze large amounts of unstructured text data using tools and technologies, such as NLTK, spaCy and PyTorch in Python. This enables us to untap central topics and discover hidden relationships in texts so that this information can be analyzed.
Your Benefit
Systematic analysis and interpretation of unstructured data can give you valuable insights which can help you to better understand your customers’ needs. You will have all information at your fingertips so you can make targeted business strategies, keep optimizing and ensure that you are catering towards your customers’ needs.
Decision Intelligence
Decision intelligence gives you the tools you need to make fast and confident business decisions using tangible data analysis. Recognize trends and make data-based decisions before scenarios have even presented themselves. This means you’ll be able to react quickly to critical decisions which need to be made within your company.
Make Business Decisions Using Accurate Predictions
Decision intelligence uses advanced artificial intelligence to make data-supported decisions which are more than just simple analysis. Predictive and prescriptive analysis provides you with a comprehensive insight into all business areas, allowing you to take specific action and make important corporate decisions.
Our Approach
We analyze your data using AI-supported methods. Predictive analysis allows us to identify future trends and potential risks, with prescriptive analysis providing tangible recommendations for action at the same time. We can e.g. recognize patterns in customer evaluations, allowing you to expand your range and improve your product. We can also e.g. carry out intelligent analysis of supply chain information so that we can predict any possible bottlenecks and improve your inventory levels.
Your Benefit
Decision intelligence enables you to both react to future developments, as well as pro-actively control them. This gives you the tools you need to make informed decisions to refine your business strategies and gives you the competitive edge. Targeted measures help you to improve not only your business performance, but also allow you to efficiently control your company’s targets, whether you are concerned with pricing, stock management, financial planning or customer retention.
Predictive Maintenance
We use predictive maintenance techniques and AI to predict errors and faults in production lines. Decision Intelligence enables you to minimize downtime, plan any necessary maintenance as efficiently as possible and sink your costs. Any dangerous breaches and expensive material costs can also be avoided.
Anticipate Errors and Losses
It is the age of Industry 4.0 and Internet of Things (IoT), where sensors and production facilities can generate vast quantities of data. We can analyze this data to identify hidden patterns, which can indicate flows which aren’t working properly and pinpoint any imminent losses. Predictive Maintenance enables targeted maintenance measures which can be carried out in good time before larger problems occur.
Our Approach
We develop customized solutions for analyzing your sensor data using Machine Learning. Our algorithms can identify anomalies and patterns in good time to pinpoint any potential faults, allowing you to pro-actively plan your maintenance and avoid expensive losses.
Your Benefit
Implement predictive maintenance to reduce unplanned downtimes, sink unplanned additional maintenance costs and increase the service life of your machines and facilities. This predictability allows you to plan in any downtimes and improve operational efficiency.
Contact Us Now
Start your data analytics project with us today and profit from significant advantages. We will have a chat with you in an initial free consultation to understand your specific challenges and identify the initial approach we would take. We will use our extensive data experience and well-founded expertise to guarantee you a solution tailor-made for your company. We will get started in good time so you can start seeing results fast. It doesn’t matter whether you’re right at the beginning of your data-driven transformation or have already started – we will support you along every step of the way. We will work together with you to make your company a data-driven company.
Free Initial Consultation
Long-Standing Data Expertise
Quick Project Start
An Award-Winning Company
Our many years of experience in consulting have come to fruition. Our outstanding solution approaches, methods and projects are what keep making us stand out from the competition. Find out what awards we have been winning and check out our success stories for individual projects.
MID is One of the Leading Data Analytics & Big Data Consultants
We have helped our customers to use their data as a strategic resource. This has once again paid off: brand eins and Statista have announced the “Top Consultant” ranking and we have stood out from the rest in the “Data Analytics, Big Data” category.
MID & DATEV Win Process Solution Award
We have managed to establish process standards throughout DATEV.. Our project success has been crowned by winning the “Process-oriented reorganization, process optimization, process mining, process control” category for the Process Solution Award.
MID in Action
Do you want to find out more about data governance, data lakehouse, meta data management and tool-supported implementation of data management? Then check out what we have to offer when it comes to data.
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