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Scios
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Product development (21)

Scios

Market Decision Intelligence

Tool Information

Scios.ai is an AI platform called Scios that specializes in providing Strategic Decision Intelligence for consumer markets. It models how people make choices to answer various types of questions related to strategic decision-making, such as WHY, WHAT-IF and HOW-TO questions. The platform aims to help businesses understand and stay informed about crucial events happening worldwide that can potentially impact their operations and success. It offers predictive and prescriptive analytics through a Predictive Model-as-a-Service, using research from behavioral economics to accurately capture consumer decision-making. Additionally, Scios provides digital consumer twins, which are virtual representations of consumers, to assist organizations in configuring and calibrating their decision-making systems. The platform promotes trust and collaboration between humans and AI by providing a human-centric narrative of outcome-to-cause, which enhances system adoption.Scios emphasizes the importance of empowering businesses to make swift and data-backed strategic decisions in an era of rapid change. By using the platform, organizations can eliminate doubts, freeing up valuable resources and energy for driving creative solutions. Scios offers tools to harmonize multiple data sources, create a digital twin of the market, and populate predictive models with virtual consumers who represent human values, perceptions, decision drivers, and choice processes. This allows businesses to explore different predictive models, find insights based on deep customer understanding, and run scenarios with zero risk. The platform has been adopted by a wide range of companies, including Fortune 500 companies, and has been used for various applications, from product launches to pricing analyses.

Pros and Cons

Pros

  • Strategic Decision Intelligence
  • Offers predictive
  • prescriptive analytics
  • Predictive Model-as-a-Service
  • Models consumer decision-making
  • Uses behavioral economics
  • Provides digital consumer twins
  • Helps configure decision-making systems
  • Human-centric outcome-to-cause narrative
  • Harmonizes multiple data sources
  • Creates market digital twin
  • Populates predictive models
  • Virtual representations of consumers
  • Human values representation
  • Exploration of predictive models
  • Deep customer understanding
  • Zero-risk scenario testing
  • Adoption by Fortune 500
  • Applications from launches to pricing
  • Solutions for various strategic questions
  • Awareness of global events
  • Clean
  • accessible platform design

Cons

  • Limited to consumer markets
  • No third-party integration mentioned
  • No mention of real-time analytics
  • No clear information about data security
  • Lacks platform customizability information
  • No free trial option
  • No explicit GDPR compliance

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