Cognicient Bridges the Gap Between Market Research and Business Intelligence.Business Editors/High-Tech Writers CHICAGO--(BUSINESS WIRE)--July 29, 2003 While companies clamor for more and better customer intelligence, the traditionally separated worlds of Market Research and Business Intelligence have kept data on customer attitudes and behavior apart. This has led to unclear and incomplete customer understanding. Armed with a unique vision, Cognicient, was launched June 25th 2003 to solve this problem and dramatically increase the return on market research and business intelligence investments by converging con·verge v. con·verged, con·verg·ing, con·verg·es v.intr. 1. a. To tend toward or approach an intersecting point: lines that converge. b. these two business "silos." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Co-founder and Partner, Mike Page, "The common problem faced by the majority of businesses is that some decisions are based on the behavioral behavioral pertaining to behavior. behavioral disorders see vice. behavioral seizure see psychomotor seizure. and demographic data available to the business intelligence teams, while other decisions are based on the attitudinal data available to the market research teams. This results in an incomplete picture of the customer at the cost of increased effort and redundancy. The market research agencies want to deploy their results more widely throughout the organization. The business intelligence vendors want richer data to increase the utility of their offerings. And, most importantly Adv. 1. most importantly - above and beyond all other consideration; "above all, you must be independent" above all, most especially , companies want a more holistic Holistic A practice of medicine that focuses on the whole patient, and addresses the social, emotional, and spiritual needs of a patient as well as their physical treatment. Mentioned in: Aromatherapy, Stress Reduction, Traditional Chinese Medicine understanding of their customers. Cognicient is able to bring these forces together by offering strategic consulting, assessments, design and implementation services that integrate these multiple data streams, effectively "mine" from these rich resources, and deploy 'holistic' data into truly valuable business intelligence." Kenneth Elliott explains why Cognicient was founded: "Through our experience in market research and data mining, we recognized the growing need to combine, manage and use attitudinal and behavioral data together for deeper intelligence. Cognicient is responding to this need by providing data fusion Data fusion, is generally defined as the use of techniques that combine data from multiple sources and gather that information in order to achieve inferences, which will be more efficient than if they were achieved by means of a single source. , data management and analytic an·a·lyt·ic or an·a·lyt·i·cal adj. 1. Of or relating to analysis or analytics. 2. Expert in or using analysis, especially one who thinks in a logical manner. 3. Psychoanalytic. services that are focused on the intricacies of handling attitudinal and behavior data. And because we are an independent company -- not tied to any software or research supplier -- clients enjoy the flexibility to bid out research and leverage or select their own technologies." Founders of Cognicient have a combined total of 23 years experience in the market research and business intelligence industries. Ken was formerly Vice President of Solution Development for SPSS A statistical package from SPSS, Inc., Chicago (www.spss.com) that runs on PCs, most mainframes and minis and is used extensively in marketing research. It provides over 50 statistical processes, including regression analysis, correlation and analysis of variance. leading the company's launch of several analytic solutions and delivering custom analytic solutions for global customers. Mike was most recently the Senior Vice President of Client Service technology for Research International, responsible for development and deployment of technologies to enhance the delivery and use of market research results for their clients. Both partners have spoken at leading industry conferences on issues related to the handling and deployment of market research data and use of data mining techniques for Analytical analytical, analytic pertaining to or emanating from analysis. analytical control control of confounding by analysis of the results of a trial or test. Customer Relationship Management (A-CRM). Cognicient services include: -- Convergent Data Management - Cognicient acquires data from your market research supplier and internal systems, prepares the data, loads it into a common relational database relational database Database in which all data are represented in tabular form. The description of a particular entity is provided by the set of its attribute values, stored as one row or record of the table, called a tuple. and makes it accessible through the client's own secure interface. -- Convergent Business Intelligence - Services to integrate customer attitudinal data into a business intelligence system that signals changes to business performance before it occurs, allowing the company to take proactive action to avoid performance declines. -- Convergent Data Mining - Integration of predictive customer data - attitudes and intentions - into the client's descriptive and predictive models to improve promotional campaign performance through more effective targeting. -- Convergent Research Assessment - A "roadmap" for converging your market research and business intelligence silos, including an evaluation of the impact of doing so on the organization. To obtain complimentary copies of Cognicient white papers on the subject of Convergent Research, or for more information, contact www.cognicient.com, or call Mike Page at: Tel: +1 (888) 523 7916 ext 82 Cell: +1 (312) 420 9511 About Cognicient: Cognicient is an independent, privately-held company founded in 2003. The Company serves clients in the US and internationally through its headquarters office in the metropolitan Chicago area, an office in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , and affiliates in the UK and other European countries. Cognicient's mission is to promote the convergence of attitudinal and behavioral data for sharper customer understanding. Our goal is to empower empower verb To encourage or provide a person with the means or information to become involved in solving his/her own problems our clients with truly holistic customer intelligence, while increasing the company's return on their existing investments in market research and business intelligence. |
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