As part of its continued commitment to providing solutions to enhance organizational effectiveness in higher education, GRG Education has announced its partnership with IQ Analytics to launch EduIndex™.
EduIndex™ is a cloud-based business analytics and performance management tool with predictive capabilities. It runs on the leading analytics platform KNIME, and uses proprietary algorithms to help universities improve its performance by tracking critical business and academic KPIs.
EduIndex’s web-based user interface will allow institutions to monitor and make predictions for core indicators across the entire student life cycle—from lead generation to conversion, retention, satisfaction, graduation and employability.
EduIndex™ can be used by any university regardless of its institutional profile (private or public), size or market. Using EduIndex, management teams can develop deep insights about their institutional performance; they can also map and compare its own track record versus other relevant peers and industry benchmarks.
The EduIndex™ SaaS model will give GRG Education client institutions direct access to a proprietary analytics engine to run reports and predictive scenarios. On-site data management will ensure the integrity of the information and the constant updating of the knowledge base. The EduIndex™app will be available in early 2019.
University of Wisconsin Business Analytics Professor, Dr. Eduardo Rodriguez, founder and CEO of Canadian-based IQ Analytics Inc. said: “I am very pleased with our partnership with GRG Education and the opportunity of applying our expertise--accumulated over more than 30 years-- in the domains of knowledge management, strategic intelligence and risk management to launch the ground-breaking solution EduIndex™ for the university space. Its robustness, flexibility and ease of use will soon make it a preferred performance management tool among university managers worldwide.”
Dr. German Ramirez, founder and principal of GRG Education said: “We are very proud to have joined forces with industry leader IQ Analytics to jointly develop a robust, highly intuitive, data analytics solution for universities seeking performance improvement. EduIndex™ will help better manage risk and optimize decision-making in an increasingly challenging environment where universities are constantly being pressed to do more with less resources."
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