This DC-based economic consulting company is launching a data analytics firm

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D.C.-based Edgeworth Economics introduced that it’s launching a separate knowledge analytics firm.

Based in 2009, Edgeworth Economics is an financial and quantitative consulting agency that gives evaluation for shoppers going through litigation or regulatory challenges. The agency has a portfolio of skilled economists on its crew.

The brand new sister firm, Edgeworth Analytics, will present enterprise operations professionals with coaching and consulting on knowledge evaluation ideas. On the new firm, Edgewood specialists will train enterprise operations professionals “strategies for gathering, organizing, analyzing, and making use of knowledge,” per a press launch.

“Information is important,” stated Edgewood founder and CEO Dr. John Johnson in an announcement. “Environment friendly, efficient, correct evaluation of knowledge is extra vital than ever for operating a company and guaranteeing its key capabilities are nimble, responsive, and contributing to the best doable return on funding.”

Invoice Ford, Edgeworth’s director of technique, will oversee the day-to-day operations on the new analytics agency. Ford brings his portfolio of expertise in product improvement and monetary consulting to his new management position. In keeping with his LinkedIn profile, he first started as a venture supervisor at Edgewood in July 2015 and departed the corporate a yr later to work at Cambridge Associates. He’s been again at Edgewood and dealing in his director position since March.

Edgeworth Economics has practically 80 staff listed on its website, 50 of that are junior economists who give attention to offering the corporate’s shoppers with financial and quantitative evaluation.

Edgewood Economics was based 10 years in the past “through the fallout from the worldwide monetary disaster,” per its web site. The corporate was named after political economist Francis Edgeworth, the mastermind behind the pareto optimality commerce mannequin, which Investopia defines as “an financial state the place sources can’t be reallocated to make one particular person higher off with out making at the very least one particular person worse off.”

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