ForecastOpt

Statistical Learning, Machine Learning, Artificial Intelligence-Based Prediction

Future Visibility
Profit More
High Accuracy

Improve your forecasting accuracy!

ForecastOpt combines time series methods, machine, and artificial intelligence to predict future prices as well as future demand of products and services. It automatically updates all of its methods and determines the optimal methods and parameters.

Reduce uncertainty by:

✔ More accurate price forecasts

✔ More accurate demand forecasts

✔ Improve future visibility of markets

Increase profitability by:

✔ Analyzing future trends and scenarios

✔ Incorporating economic and demographic factors

✔ Incorporating the forecasts into your strategy, tactics, and plans

Advantages

✔ Single platform for your forecasting needs (price and demand)

✔ Has many product/market hierarchy levels (such as country, city, region, product group, SKU)

✔ Automatically detects seasonality and updates the models and model parameters

Product Functionality

✔ Detects seasonal variations automatically

✔ Uses different forecasting accuracy metrics

✔ Uses statistical methods, machine learning, and artificial intelligence

✔ Automatically selects models and optimization

✔ Self-adopting, no need for user intervention

Increased Customer Satisfaction/Service Levels

A better understanding of the markets we serve

✔ A better understanding of the product/service life cycle

✔ Ability to have better decisions

Customization

✔ We have tested ForecastOpt in several industries with diverse restrictions & requirements

✔ We developed ForecastOpt and it is continuously updated with our research & innovation