Remove Forecasting Remove Reporting Remove Uncertainty
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Chart Snapshot: Fan Charts

The Data Visualisation Catalogue

A Fan Chart is a visualisation tool used in time series analysis to display forecasts and associated uncertainties. Each shaded area shows the range of possible future outcomes and represents different levels of uncertainty with the darker shades indicating higher levels of probability.

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Perform time series forecasting using Amazon Redshift ML and Amazon Forecast

AWS Big Data

Many businesses use different software tools to analyze historical data and past patterns to forecast future demand and trends to make more accurate financial, marketing, and operational decisions. Forecasting acts as a planning tool to help enterprises prepare for the uncertainty that can occur in the future.

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Dell cuts jobs amid growing economic uncertainties

CIO Business Intelligence

The second point is that while we’re seeing significant layoffs across Silicon Valley and IT companies worldwide, most still report good results, unlike Dell.” During the pandemic time, many companies inflated their cost structures in anticipation of growth and demand that didn’t materialize.

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Why Rolling Forecasts Are a “Must”!

Jet Global

In periods of great uncertainty, organizations forecast more frequently in the hope that it will give them a better handle on their trading prospects, levels of activity, and resources needed for the coming months. The forecasting wheel is turning faster and faster, but the process hasn’t changed materially.

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Regulatory uncertainty overshadows gen AI despite pace of adoption

CIO Business Intelligence

It’s no surprise, then, that according to a June KPMG survey, uncertainty about the regulatory environment was the top barrier to implementing gen AI. So here are some of the strategies organizations are using to deploy gen AI in the face of regulatory uncertainty. Would you put your client’s sales forecast into Facebook?

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Key Data Trends And Forecasts In The Energy Sector

Smart Data Collective

With the Coronavirus pandemic, the world has been thrown into complete uncertainty. Corporations need data to forecast the market’s future and the recent drop in the price of fossil fuels have invigorated alternative energy projects globally. Smart metering helps predict demand and forecasts what will be needed based on data.

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IRM 2021: The Year of Uncertainty and Change

John Wheeler

This week the Wall Street Journal reported that due to emerging virus mutations , Harvard economist James Stock sees a “scenario of this thing sticking around for a much longer time frame.’’ No doubt, 2021 will be the year of uncertainty and change. These uncertainties can make or break a business.