Danfoss: Greater business insight through forecasting

Statistical models for forecast-driven business challenges with actionable insights for Danfoss

Del

Client

Danfoss

Industry

Manufacturing

Services

Data Science

Technology

Challenge

Danfoss wanted to improve its forecast process but lacked insight into the possibilities within statistical modeling and analysis of large data sets. They sought a collaboration that could both challenge their existing approach and provide more actionable and data-driven insights.

Solution

Danfoss' large data foundation was analyzed and statistical models were built that strengthened the understanding of forecast drivers. Through ongoing workshops, it was ensured that the models were applicable in practice, and that insights were continuously linked to Danfoss' concrete business challenges.

Result

The foundation for forecasting has been significantly improved through the solution, which could be put into use immediately. The models have provided increased insight into the business and strengthened Danfoss' ability to work more predictably and efficiently.

Through a results-oriented approach, data has been converted into models that have given us increased insight into our business.

- Mads Pinnerup, Vice President, Business Support at Danfoss A/S

Data experts ready to advise you

We have worked across a wide range of industries and functions - and we use that experience to create solutions tailored precisely to you. That's how we work. Every time.

Good decisions start with insight. And that doesn't come by itself. Data must be found, quality assured, organized, transferred, modeled, reported, disseminated, understood, interpreted and thus create insight. That is the craft we are passionate about.

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Data Science

The analysis enabled us to dive into segments with low market share and create targeted strategies for customers with untapped potential. The analysis can be implemented across markets and industries.

Henrik Løvig, CEO at BoligPortal

Data Science

Forecasting

It becomes a win-win all around at Home – for management, franchisees, employees, and customers.

Hans Henrik Buchreitz, HOME

Data Science

The opportunity to collaborate on-site made a big difference. The close dialogue, ongoing sparring and development fits well with JYSK.

Anders Sylvest, Director, Controlling & Loss Prevention, Finance Nordic at JYSK

BI Reporting

Customer Insight

Customer insights have now become so easily accessible that users in the business have become more self-sufficient. Customer measurements have now gained high priority with us.

Carsten Wiberg, Customer Insight Manager at Norlys

BI Reporting

The collaboration has been characterized by a direct and informal dialogue as well as effective execution. Given that two of our core values are Simplicity & Action, it has been a great match.

Michael Traberg, Digitalization Director at Vestjysk Bank

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All businesses are different

Different businesses require different solutions. We are used to that. From Danish retail companies to global brands, we have developed solutions that convert data into overview, insight and action opportunities.