Coras Research: Database management and automation

Client

Coras Research

Website

https://corasresearch.com/

Technologies Used

WordPress, MySQL, HTML5, AJAX, JavaScript, Bootstrap, jQuery

Service Offered

End-to-end Website and Mobile App development

Head Quarter

US

Industry

Financial Service

Employees

10+

Summary

Coras Research is a leading independent research firm specializing in providing high-quality research to institutional subscribers in the oil service industry. To maintain their position as a trusted and objective source of information, Coras Research sought to optimize its database management processes, enabling more efficient data retrieval and analysis. They engaged Softobiz, a renowned software development company, to address this challenge.

Challenge

Coras Research faced several challenges with their existing database management system. The large oil service database they relied upon contained vast amounts of critical information, but its organization and accessibility hindered timely analysis. Frequent delays in data retrieval and lack of streamlined reporting adversely affected the firm’s ability to deliver accurate and up-to-date research to their subscribers. To uphold their commitment to objectivity, it was crucial for Coras Research to find a solution that would enhance data management without compromising on neutrality.

What Softobiz Did

Upon understanding Coras Research’s requirements, Softobiz formulated a comprehensive strategy to tackle the database management challenges. They first conducted a thorough assessment of the existing system to identify pain points and areas of improvement. Based on this analysis, Softobiz proposed the development of a customized database management solution that would streamline data organization, enhance search capabilities, and optimize data retrieval processes.

The Softobiz team collaborated closely with Coras Research’s internal IT team and domain experts to ensure the solution aligned perfectly with the firm’s research needs. They employed agile development methodologies to iteratively implement and test the solution, allowing for timely feedback and adjustments.

The new database management solution incorporated advanced data indexing techniques, efficient querying algorithms, and robust security measures to safeguard sensitive information. Moreover, it provided a user-friendly interface that facilitated intuitive navigation and streamlined reporting, enabling Coras Research to access critical data swiftly.

Highlight

Softobiz’s expertise in software development, coupled with their deep understanding of data management challenges faced by research firms, allowed them to deliver a cutting-edge solution tailored to Coras Research’s specific requirements. By enhancing the database management capabilities, Softobiz empowered Coras Research to access real-time data with ease and significantly reduce the time and effort required for research analysis.

Impact

The collaboration between Coras Research and Softobiz had a profound impact on the research firm’s operations. The implementation of the new database management solution revolutionized the way data was processed and analyzed, leading to a significant increase in research efficiency. The improved data accessibility and reporting capabilities enabled Coras Research to provide more timely and accurate insights to their institutional subscribers.

With the database management challenges effectively addressed, Coras Research could maintain their objectivity in critical decision-making processes. The streamlined operations bolstered their reputation as an unbiased and reliable source of information, further solidifying their position in the competitive research industry.