back to listings SME Profile: PAL Stats Limited
Holmbury House, 57 Church Green Road, Bletchley, Milton Keynes, MK3 6BY
Welcome to PAL Stats Limited – PROVIDING DATA AND STATISTICAL ANALYSIS SERVICES
Statistical Methods Data Analysis Reporting Data Application Design
PAL Stats is a specialist statistical consulting agency. We are here to help you choose, build and understand statistical methods to solve business problems. We can advise on how to collect data so that carefully selected statistical methods can provide solutions to those problems. We aim to be the “stats department you wish you had ”. At every stage of your project, we can support you with advice on the most appropriate statistical methods. We pride ourselves on our flexibility, listening to what you need and, if necessary, support you to use the best tools available.
PAL stats specialises in the statistical analysis of market research data. We have a vast range of statistical methods that we can apply to your data queries…
- We can identify hidden variables, Latent variables that cannot be measured directly with questions.
- The latent variable analysis provides the tools to identify groups of people or segments, where each person has similar attitudes or needs.
- In new product development, the value of attributes and levels for each consumer is determined, by considering a different combination of the attributes and levels, enabling the relative value (utility value) for each respondent.
- Key Driver Analysis such as Correlation and Regression analysis can be used for prediction and forecasting and identifies key drivers of the metric of interest.
- Some of the other methods we use are – Discriminant analysis / SIMALTO / AID / CHAID / SEM / Correspondence and preference maps, product optimisation (inc. Conjoint & simulation) plus many others.
PAL stats consultants have decades of experience in market research data processing and analysis. We have experience in almost every survey area/subject and specialise in complex projects. We handle data cleaning and checking, tabulations and export for further statistical analysis or reporting.
Data reporting and visualisation can make a huge difference as to whether an end user understands the results of a survey or not. PAL stats has experience in almost every data reporting and visualisation techniques used today. From the humble (or not so humble) Powerpoint presentation to interactive web-based dashboards of results, we have the necessary skills and experience.
Data reporting can become a tedious manual process when there are multiple similar pages or multiple similar reports for different regions or other entities. PAL stats can help by automating the reporting process to reduce manual production time and eliminate manual transcription errors.
DATA APPLICATION DESIGN
Automated data analysis and reporting has become a valuable tool for many businesses to keep informed about their essential business metrics. PAL stats has expertise in creating systems to integrate data collection, analysis and reporting.
ADVANCED ANALYTICS: Key driver analysis, brand-price trade-off, Latent Class Analysis (LCA), Structural Equation Modelling (SEM)
CUSTOMER INTELLIGENCE: Customer satisfaction indexes, customer loyalty and engagement, customer segmentation and targeting
DATA PROCESSING: Data conversion and cleaning, basic tabulations and summarisation
DATA SECURITY: Secure, compliant handling and processing of client data
BUSINESS INTELLIGENCE: New product development, product pricing, product line optimisation, brand value and equity, market forecasting
DATA PRESENTATION: Data presentation and visualisation in reports, interactive dashboards, etc
HOW WE WORK: At PAL stats we are specialists in data and statistical analysis which means you don’t need to be. Whatever level of knowledge you have about statistical methods, we can make suggestions and guide you through the process. Part of our expertise is in translation – translating your data problem into an appropriate statistical solution and then translating the results back into language you and your clients understand. Communication and simplicity are key for successful outcomes and we make complex processes simple for you to use and understand.
OUR MISSION: Our mission is to enable any business or researcher to solve problems and extract insights from data using statistical methods and advanced analyses. We can advise on how to collect data so that carefully selected statistical procedures can provide solutions to business problems. We aim to be the “stats department you wish you had ”. At every stage of your project, we can support you with advice on the most appropriate statistical methods. We pride ourselves on our flexibility, listening to what you need and, if necessary, supporting you to use the best tools available.
OUR VISION: Our vision is to make the use of statistical methods and advanced data analysis easy and simple for any business or researcher. For this we have to be experts at communicating stats and data analysis - so that we can guide, explain and interpret throughout the analysis process. Our aim is to provide consultants that specialise in every area of statistical and data analysis and are exceptional communicators.