At the core of Veltys’ offering is modelization. This approach, both rigorous and flexible, can be used to help clients develop effective strategies in order to optimize their decision-making.
To understand the power of economic and statistical modeling, check out our video:
Economic reality is complex. For humans to absorb and understand all of the factors that simultaneously act and interact in even a simple business environment would take too long, and may even be impossible. Modelling is a powerful tool that allows us to create a representation of economic reality and helps us understand how potential modifications will affect that reality.
When data are used in the framework of a model they permit us to estimate the causal effect of each of these factors, giving us quantifiable insights into the market.