Collaboratively, we develop a data strategy and implement it.

At Dr. Fried & Partner, we attach great importance to the evaluation of data as an optimal basis for decision-making. Here, the focus is on how available data can be used sensibly. Insufficient processing of data volumes as well as a lack of analytical know-how for evaluation represent the greatest challenges for many companies.
We help you to develop and pursue a strategy that fits your needs with a corresponding awareness of the added value of data. In doing so, we work with you to identify internal and external data sources that are relevant to your organization and bring together the raw data. Through in-depth knowledge of the data pool, the data can be processed in the next phase. In this context, we support you in developing a concept for standardising and cleaning your data set. Furthermore, we show you possibilities for additional enrichment and comparison with other data (such as historical values) in order to significantly improve your data quality.
A creation of use cases enables your company to develop profitable “data products”. For example, large amounts of data can also be extracted and processed using machine learning techniques in order to apply data analysis methods in the future. The information gained is particularly useful for preventing wrong decisions and setting up suitable forecasting in order to be able to make sustainable and data-based corporate decisions.

To find out more about our consulting approach and reference projects, we are happy to provide you with a topic-specific working paper.