The Scientific Method has been proven over centuries to be the best approach to solve any type of complex problem. Business, which is a relatively young discipline, can learn from the scientific discipline. With science and technology, we can do almost anything.

Knowledge Transformation – Empowering an organization by bringing data and analytics to life to improve and optimize decision-making and organizational performance
EnCORE’s approach is to understand what questions an organization has that can be answered with related knowledge
How to apply analytics to the knowledge to extract business-critical insights that can inform decision making, improve operations and generate value
Accelerated data transformation facilitates quicker realization of expected outcomes
End-to-end process transforming source data to usable knowledge for analytics and presentation
Click on the image to download and view a montage of optimization and simulation models across multiple industries.
STRATEGY
When faced with a challenge, businesses need to determine a strategy towards approaching that challenge. However, this is a high risk endeavor, as the wrong strategy will prevent you from taking advantage of opportunities and may blindside you to possible threats. With computerized simulation, it is possible instead to run simulations for hundreds or thousands of scenarios.
COST ANALYSIS
How much did that cost?” is far more complicated to answer today than it ever has been. When making business decisions, it can be complicated to determine the actual direct and indirect cost of a particular activity. Reality is complicated and it is easy to overlook “invisible” costs until it is too late and the company is committed to a particular course of action – inefficiencies detected only in hindsight.
FORECASTING
If the future is uncertain, how do you plan for it? Forecasting based on simulated models allow you to see how the systems at work in the environment around the company will likely influence the future of the company. While a singular definitive future is unlikely to emerge, forecasting allows you to see which of all possible futures are likely and plausible.
OPTIMIZATION
If your business model is not well understood, simulation allows you to change the parameters and see how the business behaves under those parameters. Through simulation, you can change the parameters of your business model to see how it behaves under a variety of situations. With this experience, you can then move on to optimization – getting the greatest possible reward for the least possible cost.