IDS Case Study: Supporting Product Development Through Predictive Modeling

By Keiter Technologies

IDS Case Study: Supporting Product Development Through Predictive Modeling

How Can I Speed Up Product Development Testing?

Data Science can help you achieve your business goals with tailored advice specific to your organization. Learn more about how Keiter Data Solutions solved a similar problem for one of our clients in the below case study.

 

Challenge and Opportunity

A Keiter Technologies client and large consumer goods company wanted to develop a model that could support its product development efforts.

 

Our Approach

  • Product development is an extremely time-consuming process requiring millions of dollars’ worth of investments.
  • The client wanted to develop a new predictive model which could analyze data to see which flavors and blends would be well received in the market.

Results

The predictive model was successfully able to create positive outcomes saving the client upwards of $400,000 per testing group.

 

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Keiter Technologies

Keiter Technologies

Keiter Technologies focuses on serving businesses with their strategic technology needs through data science, cybersecurity, and IT audit and consulting.

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