"The use of the Lavastorm Analytics software by our auditors has given us significant advantages. Specifically, Lavastorm increases our audit coverage for clients through analysis of the entire data set, greatly reduces time and cost of audit fieldwork through more focused planning, increases the reliability of audit results and improves audit quality. It has become a key tool for our auditing practice and gives us a strong competitive advantage within the auditing and consulting market."
"With more than 2,300 retail units in Canada and over 50- 75% that accept cash, I would have to hire an army of auditors to review all the surveillance tapes and be on site to monitor the situations. With Lavastorm, we have become proactive and are able to use a data-driven approach, which frees up our resources and helps prioritize our investigations.."
"With this solution, we can take a proactive role in our customer experience, network management and business processes capturing problems early, or even prior to their occurrence, and fixing issues before they touch the customer."
"Sometimes it's really painful to rearrange queries in a database, and can take lots of rework as issues arise. With Lavastorm, we basically drag lines and drop nodes where we need them it was honestly like love at first sight."
"The findings from just the first 10 audits we created let us capture $5 million annually. That is already a 13x return on our investment, and frankly my expectation is that we will capture close to another $5 million."
"We had talked about using smart metering before, but with Lavastorm we were actually able to do it."
"We are infinitely closer to understanding and acting upon Big Data now"
"With Lavastorm Fraud Manager we can automate features, freeing up additional resources for more proactive fraud response and scenario analysis.Because it’s so flexible, we can innovate new fraud prevention methods on our own."
"What we love about Lavastorm is how flexible it is and the fact that it has allowed us to think about data in a different way…it’s really helping us to think about how we can use data as a tool instead of being encumbered by data."
"Lavastorm delivers professional and economic value. We saw a return on investment in less than a year. I cannot even quantify how many people in our company benefit from it."
"Most often, when people want to implement such an analytic audit system, it usually takes months to realize benefits. With Lavastorm, we achieved this in the first week! When we showed the value to our executives, they did not believe that we had already returned the investment within five days. We’ve had their undivided attention and support from that point forward."
"There’s just really no limit to what types of systems we can pull from when we are using Lavastorm."
"By engaging with Lavastorm Analytics and Sweco, we're applying new analytic tools and environmental expertise to make sense of real energy data. The results will be invaluable for FEAB, and for smart grid initiatives everywhere."
"Where most people pull upExcel, I pull up Lavastorm.Lavastorm gives us the power to analyze more complex data and business situations than we ever could with Excel."
"The Lavastorm Analytics Engine exposes data anomalies that we wouldn't see with a traditional BI system. With Lavastorm we can easily expose and fix gaps in the data which, if unnoticed, could lead to millions of dollars in losses."