NEWS RELEASE
Media Contact: Scott Hornbuckle
Practice Director
P: +1-502-664-0733
E: sfhornbuckle@photizogroup.com
Making Predictive Analytics Easy
Shainin selects Photizo Group to deliver Predictive Analytics as a Service (PAaaS)
Under Embargo Until
April 12, 2016
Shainin, a global leader in engineering and manufacturing consulting, has selected Photizo Group as its partner for providing Predictive Analytics solutions to Shainin clients. Photizo, a global leader in providing operations based predictive analytics solutions, has carved out a unique niche in the market with its ‘as a service’ model for predictive analytics. Photizo Group works with clients to understand their needs, build the model for their need, and then deliver Predictive Analytics as a Service (PAaaS). Clients’ investment and up-front costs are minimized. Rather than spending large amounts hiring analysts, and data engineers, and then building an analytical technology infrastructure, clients can focus on leveraging the benefits of improved analytics.
Shainin President for the Americas Craig Hysong said: “Photizo Group was a natural choice. We wanted a partner that: understands how to work with industrial clients, has an effective predictive analytics practice, and can make a very complex area easy for our clients to engage in.” Shainin has built their business based on solving complex problems to improve system performance and reduce risk throughout the entire product life cycle. Predictive analytics is a natural extension to Shainin’s tool set. It adds the ability to mine existing data for clues to the root cause of a difficult problem. Ed Crowley, CEO, Photizo Group, identified Shainin as a key partner, “Shainin is a leader in the manufacturing sector and has pioneered one of the key methodologies for problem solving – Red X Strategies. Their deep knowledge of manufacturing in the automotive, aerospace, and other sectors is the perfect complement to our PAaaS offering. When you combine this industry expertise and with our knowledge in predictive analytics – the operational benefits for Shainin’s clients can be tremendous!”
Scott Hornbuckle, Photizo’s Predictive Analytics Practice Director, identified this as a strong partnership, saying: “Photizo Group has been investing for over a year in building our PAaaS capability. When we started working with our clients in developing and deploying predictive analytics solutions, we quickly identified that many firms were not willing to take on the risk of investing in the new people, training, and technology structure required to build a predictive analytics solution. That is why we developed the Predictive Analytics as a Service (PAaaS) model.” Shainin will be delivering this PAaaS capability to their clients by working with Photizo Group as the predictive analytics subject matter experts to craft unique PAaaS solutions addressing Shainin’s customer’s pain points.
Phillip Thompson, Shainin President Europe and Asia noted: “The real beauty of this relationship is that it gives clients the ability to bring up a predictive analytic solution which addresses their specific issues, without making seven figure investments in predictive analytics technology infrastructure, data scientists, and data engineers. In essence, Photizo makes it easy for our clients to achieve the benefits of predictive analytics solutions faster, less expensively, with less risk than they could do it themselves.”
About Photizo Group:
Photizo Group is a boutique market analysis and consulting firm serving the imaging industry. The firm is a founding member of the Managed Print Services Association (MPSA), recipient of three MPSA Leadership Awards, and has appeared twice on the Inc Magazine list of fastest growing privately held companies. The firm’s Advanced Analytics Division is pioneering the use of predictive analytics to drive operational efficiency and margin improvements by developing Predictive Analytics as a Service (PAaaS) offerings. The firm recently announced a development program with PrintFleet where Photizo Group is developing a PAaaS offering to optimize toner utilization in mass deployed imaging fleets.
About Shainin – The Red X® Company:
When complex systems fail to meet expectations there are often hidden causes at work. Shainin’s engineers share a passion for discovering those hidden causes to develop sustainable solutions for problems that were thought to be ‘unsolvable’.
By challenging conventional wisdom, Shainin has developed unique strategies and techniques to isolate the few critical factors impacting system performance and reliability. Starting in the 1940s, Shainin has invented more than 30 techniques in the fields of engineering and statistics for solving and preventing problems.
Shainin helps leaders make agile decisions in the face of crises. Shainin supports: trouble-free product launches, optimization of business and manufacturing systems, and improvements to both product performance and reliability.
Shainin has supported numerous Fortune 500 companies in industries as diverse as Aerospace, Automotive, Electronics, and Consumer Products. Shainin has worked with manufactures at every level of the supply chain from basic industries to final assembly. Its highly customized teams bring each client a combination of deep industry knowledge and expert perspectives, to offer fresh perspectives and breakthrough insights.