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The Importance of Different Data Streams

09.02.2020

In an ideal world, you could look at the same activity through different data sets and get to the same result, but sadly that is the exception rather than the rule. Inconsistencies could be a result of something simple, like subtle differences in reporting mechanisms or absent-minded mistakes. A more sinister root cause could be complex nefarious schemes built to achieve certain ends. We have seen the gambit over the years, and we aren’t alone. Recently, the City and County of Denver released an audit that cited multiple occurrences of different sales numbers being reported to Denver and the State of Colorado.

Because of this common discrepancy, the NCS Platform looks across as many streams as possible (Track-and-Trace, POS, Bank, Taxes, Utilities, etc.). We study the data and apply advanced analytics to draw out the subtle differences so we can alert you as they occur. It’s our goal to keep you on the cutting edge, and it drives us to search for and add new and exciting sources to keep you on the cutting edge.

About the Author Adam Crabtree

Adam is the Founder and CEO of NCS Analytics, Inc, based in Denver, Colorado. Founded on his belief that data could be used to empower real-time decision-making, NCS has become the market leader in high-risk data analytics. NCS actively monitors over 18,000 cannabis businesses across the country for regulatory agencies and financial institutions. Adam and his team pair one of the most extensive data sets in the industry with patent-pending predictive and behavioral analytics to deliver unapparelled insight and risk mitigation.

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