Verix - Information monitoring tool for smart changes discovery

In today's global marketplace, being first to identify opportunities and potential threats and act on them provides true competitive advantage. Being proactive in handling surprises and avoiding them as much as possible, is a far better management strategy for all organizations, regardless of type, than being reactive.
However, the complex, dynamic, and highly competitive landscape underlying the market and operations of modern business, only increases the number and extent of surprises organizations experience.

Companies invest billions of dollars in IT infrastructure and data capture, including data warehouses and business intelligence tools. However, the more data collected the more difficult it is to analyze it - specifically to find performance changes or trend breaks.

Presented with huge amounts of data and to be expected to quickly gain insights around the most important areas of the business, has become virtually impossible to do. Exploring and analyzing this data takes a huge amount of time and requires intimate familiarity with complex tools.

The ultimate solution could be to have a system comb the data and look for interesting changes. Once finding these changes, the system would present them to someone for immediate action, eliminating the need for people to learn complex tools and apply hours or days looking for undefined opportunities.

The engine that monitors and processes data is driven by complex algorithms. The system simply finds the true statistical deviations in performance and presents them immediately to a user. This allows for early warning detection of the most relevant performance changes.

Verix provides a service allowing organizations to identify and focus on the most important changes in their business before they become a trend or appear in a report.

Verix - The ultimate solution
Verix on-demand software monitors your information and reveals unique changes, weeks or months before they might have been identified. The solution is an automated, early warning system that identifies pockets of opportunities or weaknessג€”such as fluctuations in customer behaviors, changes in retail sales or changes in competitive landscape.

Utilizing the Verix Discovery Suite technology, we provide an automated analytics engine that turns over every rock, pebble and grain of sand in your business, continually searching for hidden changes. Once discovered, you receive an email and can take immediate action.

The service is hosted requiring no IT infrastructure, providing a faster ROI and lower total cost of ownership (TCO).

Main Features & Benefits

• Provides a tool for the ג€œaverageג€ business user who is not required to have any technical or other special skill sets ג€“ the output and insights are obvious and easy to see.
• Allows for very early discovery of emerging surprises.
• Provides automatic surprise analysis and detection, relieving the user of the burden to specify rules, queries, and complex thresholds
• Facilitates effective understanding and rapid action taking as the reported phenomena point to the exact business context (territory, segment, population, product, plan, etc.), or location, in which they occur
• Reports only source phenomena, providing conciseness of delivered insight and fostering effective decision making
• Alerts the user only about meaningful unexpected and unique phenomena
• Requires very low deployment effort by the organization

Verix Approach
The Verix Solution is an application built on top of a flexible, yet robust, algorithmic framework for automatic discovery of points of occurrence of exceptional and unique phenomena, in large multi-dimensional data sets.

The delivery model results in a very low deployment and maintenance effort.