What is Experian Innovation Lab?
Experian Innovation Lab (formerly DataLabs) helps businesses solve strategic marketing and risk-management problems through an advanced data analysis process and research and development. Focused on innovating new data sources with an emphasis on financial services, telecommunications and healthcare, Experian Innovation Lab helps clients deliver:
- Increased profitability
- Optimization of data assets
- Controlled financial risk
- Regulatory compliance
Experian Innovation Lab is staffed with a multidisciplinary group of data scientists with Ph.D.s and applied research practitioners with expertise in advanced analytics and machine learning, as well as other advanced statistical methods. Experts in applying cutting-edge data science to real-world business situations, DataLabs utilizes Experian’s data assets and is supported by Experian's global network and resources. Employing domain expertise and industry knowledge, Experian aims to reduce client exposure during the development process.
The service operates in a compliant, safe and secure environment for both internal and collaborative research to take place. Nearly a petabyte of data storage is provisioned by Experian in the United States to support research and development activities. The environment allows for multiple Big Data projects to occur simultaneously.