Next-Level Data Analytics — The Power of Prediction

We have come a long way, from trying to predict the future in the most obscure ways—the ancient Romans studied the cries and flights of birds, 19th century Russians used chickens, and some even tried to see the future by observing clouds in the sky or moles on peoples faces. The list goes on and on. However, in the last two hundred years, humanity has turned to science to predict the future more securely and seriously; from the future location of a comet to the existence of black holes.

All of this was made possible by math and the use of a particular field in applied mathematics—statistics. Statistics is a unique thing; it is not an empirical science itself but also not pure mathematics or philosophy. It gives us the framework, the language, the rules by which we do science. With it, we can make decisions, conclusions, and also predictions. It predicts possible future events and provides us with the best crystal ball humanity can have. Mathematics of probability tames the chances of making the correct decision.

That is the point of Jochen Kleboth’s work at Intact. Jochen is Intact’s Head of Data and Business Analytics and has done exceptional work with the Analytics project for a long time already. His work focuses on Business Intelligence, including audit prediction, an audit explorer, a root cause analyzer, and an anomaly dashboard. Basically, Jochen is dealing with three major questions:

  • What happened?
  • Why did it happen?
  • What will happen?

Being able to analyze one’s data and make predictions for future events based on those results is the power of statistics and data analytics. Prediction by the numbers is more than just a dream—it is what is possible with Intact’s research.

All of Intact’s customers have huge databases with all the audits and work they have ever done. Intact’s Business Intelligence Department unleashes the power of this already existing data. You can even predict the outcome of future audits and, upon that prediction, decide if you need to send auditors with special knowledge or bias, or if you can even skip an audit due to very low risk.

In the end, Intact’s research will save our customers money, help them plan their audits much better, and minimize the possibility of a failed audit/inspection.

What Intacts Business and Data Analytics does
What Intacts Business and Data Analytics do

The modules Intact offers its customers are:

  • Business Intelligence
    Control your business
  • Anomaly Dashboard
    Identify patterns
  • Audit Explorer
    Identify causalities
  • Audit Predictor
    Predict and optimize your business
  • Root Cause Analyzer
    Find causes for non-conformities
5 Module für Ihren Erfolg
5 Module für Ihren Erfolg

The Fast Forward Award is a business award for exceptional work in the field of research and development in the Austrian state of Styria. The Styrian government awards it in six categories. There are five nominees in each category, and three of them advance to the final of the Fast Forward Award where the winning company gets chosen. However, there is even more—three of these award winners have the chance to win the Austrian Staatspreis Innovation where the winners of all Austrian states compete against each other.

The Fast Forward Award Nomination EventOn July 10, 2019, Intact was invited to present its research at the Fast Forward Award Nomination Event where the top five companies in every category had time to explain their project to the audience.

Read next:

GLOBALG.A.P. and Intact — More Effective Together
News

GLOBALG.A.P. and Intact — More Effective Together

Jul 12, 2019 GLOBALG.A.P. will be launching its new system, Audit Online, by the end of 2020. Certification… read article
Pro-Cert Signs 20 Year SaaS Agreement
News

Pro-Cert Signs 20 Year SaaS Agreement with Intact

Jul 12, 2019 Canadian Organic Certification pioneer, Pro-Cert Organic Systems, and Intact are pleased to announce… read article
Upcoming Events with Intact
News

Upcoming Events with Intact

Jul 12, 2019 In the following weeks, Intact attends the biggest food safety and organic events all around the world. Take the opportunity to learn about the… read article
CCOF Renews Long-Term Partnership with Intact
News

CCOF renews long-term partnership with Intact

Jul 12, 2019 CCOF and Intact recently signed a renewed long-term contract. Over the next ten years, we… read article
OTCO Sogns 10 Year SaaS Agreement
News

OTCO Signs 10 Year SaaS Agreement

Jul 12, 2019 Oregon Tilth Certified Organic (OTCO) and Intact have signed a… read article
Intact Summit 2019
News

Intact Summit 2019 — Highlights & Presentations

Jul 12, 2019 GRAZ, Austria. On June 25–26, 2019, the Intact Summit 2019 brought together 75 leading representatives of the global testing, inspection, and certification sector to learn… read article
Intact Is Shortlisted for the Fast Forward Award 2019
News

Intact Is Shortlisted for the Fast Forward Award 2019

Jul 12, 2019 For years, Intact has proven to be a force to be reckoned with when it comes to new pathways and software solutions. One of our… read article
Intact's UX Expert Lectures at the University of Passau, Germany
News

Intact’s UX Expert Lectures at the Uni Passau, Germany

Jul 12, 2019 Johannes Lehner, UX Designer and Usability Engineer at Intact, was invited to hold a guest lecture in summer 2019 by the Faculty of Business and… read article