Data is transforming every sector

Every sector wants to gain insight from its data as it happens.

Each sector has its own particular needs. But the challenges each faces to deliver data science applications are the same.

Siloed data. Legacy systems. Unharnessed user know-how. Different coding languages. Whether to use cloud. Distributed teams. Hand-coded integration. Build-up of technical debt. Skills shortages. Slow delivery cycles. Failed pilots. Disillusionment.

If any of this sounds familiar, it’s because delivering data science is hard. No matter which sector you work in.

Lumen makes it easy. No matter which sector you work in.

Energy

Energy companies are turning to data science more and more to help improve maintenance and manage risk, with as little service disruption as possible. The challenge? So much effort has been put into developing advanced analytic models, or even the simple automation of spreadsheets, but few have made it into business as usual processes. Lumen eliminates this problem.

Financial

Data science and machine learning are changing the financial services industry. As more technologies are developed and introduced, key financial tasks – such as risk management, loan management and even trading – can be handled more efficiently, allowing entire businesses to be reinvented. What makes it difficult is the sheer volume of data and sources. Pulling all these disparate forms of data into one clear narrative is vital. This is what Lumen does.

Financial

Data science and machine learning are changing the financial services industry. As more technologies are developed and introduced, key financial tasks – such as risk management, loan management and even trading – can be handled more efficiently, allowing entire businesses to be reinvented. What makes it difficult is the sheer volume of data and sources. Pulling all these disparate forms of data into one clear narrative is vital. This is what Lumen does.

Oil and gas

Data has been collected for many years across the world in this field. It may often be fragmented, or even proprietary, which can cause issues when it comes to advanced learning deployment. Lumen lets models tap into these databases – as well as industrial internet of things (IIoT) data  – without causing service disruption across exploration, production & selivery.

Public Sector

The challenge for Local Government lies in pulling together information from myriad sources – from spreadsheets and reports, to historical, streaming IoT data and from 3rd party utilities and public data sets. To deliver true Smart City status, without spending millions on changing processes, re-training staff or implementing new IT solutions, there needs to be a single platform that enables the models rapidly, regardless of the data source. Enter Lumen.

Public Sector

The challenge for Local Government lies in pulling together information from myriad sources – from spreadsheets and reports, to historical, streaming IoT data and from 3rd party utilities and public data sets. To deliver true Smart City status, without spending millions on changing processes, re-training staff or implementing new IT solutions, there needs to be a single platform that enables the models rapidly, regardless of the data source. Enter Lumen.

Retail

Retailers globally have been gathering data via loyalty schemes, so they can correlate & exploit data, to deliver goods and services to their customers at the optimum time and place. Even these companies, with 20+ years of data, have challenges accessing and deploying ever advanced models. Deployment of data pipelines, delivering value to the business users, is still a manual coding process. Lumen changes that paradigm.

Smart manufacturing

Smart manufacturing is elevating the way companies manage factory-floor activity. Planned maintenance and shutdowns are becoming a thing of the past, as 24/7 is a must. Assets are closely monitored and feed data to predictive and other analytics. But to ensure precise control they must be fed accurate data – both live and historical. Lumen can deliver streaming and historical data to analytics predicting the conditions of assets and processes maintaining production and quality levels.

Smart manufacturing

Smart manufacturing is elevating the way companies manage factory-floor activity. Planned maintenance and shutdowns are becoming a thing of the past, as 24/7 is a must. Assets are closely monitored and feed data to predictive and other analytics. But to ensure precise control they must be fed accurate data – both live and historical. Lumen can deliver streaming and historical data to analytics predicting the conditions of assets and processes maintaining production and quality levels.

Education

Education & Research

Universities and innovation centres work with commercial organisations to test hypotheses and develop advanced data science models to provide AI powered results and predictions. But how many of these actually make it into production within their commercial partners? Unfortunately very few, universities are full of models and analytics sitting on shelves.

Professional services

Professional Services

Even specialist data science consultancies that build advanced analytic models can struggle to deliver these into their customers’ IT infrastructure. All the challenges of model deployment, management, pipelining and delivery can be exacerbated by working remotely, even as a close partner. Lumen helps to ease these challenges, making it easier for consultancies to deliver models faster and provide greater value to their customers.

Professional Services

Even specialist data science consultancies that build advanced analytic models can struggle to deliver these into their customers’ IT infrastructure. All the challenges of model deployment, management, pipelining and delivery can be exacerbated by working remotely, even as a close partner. Lumen helps to ease these challenges, making it easier for consultancies to deliver models faster and provide greater value to their customers.

Professional services