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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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Predictive Analytics Improves Trading Decisions as Euro Rebounds

Smart Data Collective

Predictive analytics tools can be particularly valuable during periods of economic uncertainty. Predictive Analytics Helps Traders Deal with Market Uncertainty. However, predictive analytics will probably be even more important as global uncertainty is higher than ever. The EU economy is expected to increase by 2.7%

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How Private Equity Firms Can Manage Uncertainty With Scenario Modeling

Jedox

In the face of unprecedented uncertainty, the question is how to quickly evaluate risk, opportunities and competitively allocate capital. At the fund level, great uncertainty demands continual strategic and portfolio reviews to manage liquidity, identify assets at risk, and understand growth challenges. Pinpoint opportunities.

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How CFOs Can Lead With Foresight

Jedox

The unprecedented uncertainty forced companies to make critical decisions within compressed time frames. The room for poor assumptions and missed forecasts shrank. Using these drivers as an overlay to stress-test models add robustness to forecasting and can identify exposure and risks to long-term stability. Conclusion.

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5 signs your agile practices will lead to digital disaster

CIO Business Intelligence

They are afraid of failure and the uncertainty of knowledge work, and so that’s stressful. Agile is an amazing risk management tool for managing uncertainty, but that’s not always obvious.” The key is recognizing that planning must be an agile discipline, not a standalone activity performed independently of agile teams.

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Building Tax Planning into Enterprise Risk Management Strategies

Jet Global

Tax planning is playing an increasingly important part in corporates’ enterprise resource management (ERM) strategies, driven by the many uncertainties created by political, economic, and pandemic-related trends. Why Boards are Paying More Attention to Their Firm’s Tax Planning Activities.

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Preparing For an Uncertain Future in Tax

Jet Global

We also examine the uncertainties that lie ahead in international tax regimes, the power that automation and analytics will deliver to tax teams, and the outcomes of implementing tax software, which will enhance the strategic contribution that tax teams are able to make. Improve overall financial reporting and forecasts. Download Now.