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External Data Supports More Accurate Planning

David Menninger's Analyst Perspectives

I recently completed the latest edition of our Business Planning Buyers Guide, which reviews and assesses the offerings of 14 providers of this software. One of the points that I look at is whether and to what extent the software provider offers out-of-the-box external data useful for forecasting, planning, analysis and evaluation.

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Predictive Analytics Supports Citizen Data Scientists!

Smarten

In order to do this, the team must have a dependable plan and be able to forecast results and create reasonable objectives, goals and competitive strategies. Forecasting and planning cannot be based on opinions or guesswork. According to CIO publications, the predictive analytics market was estimated at $12.5

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Top 10 Analytics And Business Intelligence Trends For 2020

datapine

That being said, business users require software that is: Easy to use. Then, calculations will be run and come back to you with growth/trends/forecast, value driver, key segments correlations, anomalies, and what-if analysis. Agile and flexible. Reduces time to insight. Allows easy handling of a high volume and variety of data.

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Humans-in-the-loop forecasting: integrating data science and business planning

The Unofficial Google Data Science Blog

ln this post he describes where and how having “humans in the loop” in forecasting makes sense, and reflects on past failures and successes that have led him to this perspective. Our team does a lot of forecasting. It also owns Google’s internal time series forecasting platform described in an earlier blog post.

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Beyond the hype: Do you really need an LLM for your data?

CIO Business Intelligence

For example, at a company providing manufacturing technology services, the priority was predicting sales opportunities, while at a company that designs and manufactures automatic test equipment (ATE), it was developing a platform for equipment production automation that relied heavily on forecasting. And guess what?

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Affordable, Simple Predictive Analytics Software!

Smarten

The foundation for predictive analysis is a great predictive analytics tool, and features and function that include assisted predictive modeling. We encourage you to Contact Us to find out how Assisted Predictive Modeling can help you to plan and forecast with confidence.

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Assisted Predictive Modeling Guide Users Through the Maze

Smarten

What is Assisted Predictive Modeling? To be a positive asset to the business, your business users must be able to accurately plan and forecast everything from budgetary needs to team members and resources, new suppliers, new locations, new products, etc. Yes, plug n’ play predictive analysis must truly be plug and play!