Peak Indicators - 10 Years Old, But Still Only Just Starting
- 12th June 2019
- General News
- Andy Ball
Peak Indicators formed in 2008 as a Business Intelligence company whose primary activities involved the design and build of traditional data-warehouses with reports and dashboards, providing a rearward mirror view of how a business is performing.
Initially, with a focus on the Oracle Analytics space, the company developed robust training and specialist consulting services as well as more standard implementation services to a growing customer base.
Over time the traditional descriptive analytics skills have been enhanced to include diagnostic (Data Visualisation), Predictive (Machine Learning) and Prescriptive. As a result, Peak Indicators has not only grown in terms of numbers but also skills and partnerships to meet the demands of a growing customer base.
As well as developing in-depth technical skills we have strengthened our domain skills in areas such as HR reporting. The benefits of this investment are reflected in strong customer testimonies from organisations such as HSBC, who have found great business benefit in utilising Peak Indicators' Hub model.
The core to the Hub model is Peak Indicators commitment to its Graduate Programme. This not only sees Peak Indicators employing up to 5 graduates each year, nurturing and developing a team of passionate data scientists and analysts, but also building strong working relationships with the likes of the University of Sheffield. This relationship has been further strengthened in Dr Paul Clough, a data science Professor from Sheffield University joining the team to build continuous development of the Hub team and ultimately deliver best in class service to new and existing customers. A team built to push boundaries and stay ahead of the market, benefiting from Paul’s extensive experience and network. If you missed Paul’s recent blog article on driving performance: Transformation with HR analytics you can find it on our website along with other articles from Peak indicators resident subject matter expert.
As organisations began the move to the cloud and demand was being created for a more agile analytics architecture, a partnership with Birst was formed, the result of which saw Peak Indicators working with new clients such as Schneider Electric.
More recently, their partnership with Microsoft has enabled Peak Indicators to re-engage with customers who were seeking to drive down costs by deploying PowerBI to their user community. Now a Microsoft Gold Partner with accreditation in both Data Platform and Data Analytics Peak Indicators are seeing an increasing demand in both their implementation and training services. At present, they are working closely with Autism Derbyshire and East Midlands Chamber of Commerce to provide upskilling for future data analysts and existing businesses within the region.
As well as partnerships with software vendors, they have also established some key relationships with companies who enhance the end user experience/business processes. One such company is Solidatus, whose toolkit has enabled Peak Indicators to crack the issues of data lineage (tracking exactly where the source data comes from) and data dictionaries (data definitions) within an analytics deployment. Having this single version of the truth easily accessible to end users has been proven to improve user adoption and trust in the data.
As well as defining the data, Peak indicators also recognise that governance of that data is a significant issue. In order to support their customers in this area, they have established themselves as a Privitar partner.
So, an awful lot has been achieved in the last 10 years. Peak Indicators know that the analytics market is in a state of flux as organisations look to go beyond descriptive analytics (reports and dashboards) to predictive and prescriptive analytics (Machine Learning). They have worked with several clients developing machine learning Proof of Concepts, and the experience has taught them that it’s a lengthy process, with some PoCs failing to get to production due of the time constraints around building accurate models. However, they dared to believe that there had to a solution to improving the Machine Learning process. So, following significant investment, the team have released the Tallinn autonomous machine learning platform. This serve-ware offering enables organisations to rapidly develop accurate and robust machine learning models without the need for expensive data scientists. Speak to us now to see a demo and chat with us about how Tallinn could support you on your predictive analytics journey.
Therefore, in summary, in 10 years Peak indicators has grown in size and in expertise, and it has been fantastic to see the clients gain real business insight from their data. So what of the next ten years, well, following the investment in a new building and creating a fantastic working space the plans are to continue to build world-leading analytical solutions that support an ever-expanding customer base.