Nonlinear modeling is one of the most common and
powerful techniques originating from science and evolving into business analytics. It is also one of the most difficult regressions
because of incorrect specifications of the model and poor starting values.
Innovatorium has a rich
history of developing nonlinear models for science and was also very succesfull in expanding the technique to business
analytics where data doesn't allow the control and separation of variables as it is common in science.
Are you concerned about extreme events that may critically impact or even destroy your business? Predicting these events
requires different techniques for data collection and clean up and often cannot use statistics because enough data cannot be
collected before it is too late. Innovatorium develops sophisticated predictive algorithms based on
simulations allowing its customers
to better understand the real risk even when circumstances change.
More than twenty four centuries ago Plato defined Knowledge as “justified true belief”. Since you base your
decisions on assumed knowledge don't you want to separate reality from hype? Innovatorium can help
you measure your degree of knowledge based on your preferences and business needs allowing you to build a more appropiate
measure of risks your business is facing.
Although forecasting is one of the most common techniques in business inteligence it is usualy also the most significant
source of errors. Innovatorium improves the forecastings by doing an error propagation analysis thus
allowing its customers to understand potential problems before it is too late. It also provides simulations and “what
if” analysis to help you get a better grasp of the unknown and predict how your decisions may impact both the
environment and your business.
The way a regular model predicts the performance of a business the same way a Meta-Model predicts the performance of a model. Innovatorium has developed algorithms and implemented the code to build meta-models which will help you find the optimum parameters and predict the overall performance without building all models based on all combinations of parameters. A Meta-Model can be the foundation of your next strategy, integrating and relating the department models you already have.
Econometrics is the foundation of any sound business process involving mathematics, statistics, computers, and measurements
intertwined with economics to uncover the true value. Innovatorium provides a meticulous analysis of
complex business processes assisting its customers in understanting the fundamentals thus allowing them to find optimum long
term solutions and profit from new opportunities.