ForecastOpt

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.

ForecastOpt offers customized models and an interface tailored to our partners’ specific needs. The platform allows partners to monitor relevant data, including forecasts, actual values, and parameters, through a personalized interface. This feature enables users to keep track of key metrics and make adjustments as needed.

Achieve highly accurate demand forecasts for a wide range of products (MAPE: 85-99%)

Set more realistic short and long-term strategic plans and growth targets

Achieve end-to-end visibility: raw material prices, shipment lead times, demand for your products/services in different markets and seasons

Achieve energy efficiency by combining forecasting and planning (reduce wasted from 30% to 3%)

Forecast day-ahead electricity market prices with high accuracy (90-95% accuracy).

Additionally, partners can create custom forecasts using their own scenarios, providing flexibility and precision in planning and decision-making processes. Our user-friendly interface is designed to present all the necessary data in clear and intuitive graphs and charts.

This visual representation makes it easier for users to analyze trends and patterns, facilitating a better understanding of the underlying data. Whether you’re monitoring market trends or exploring potential future scenarios, ForecastOpt ensures that the information you need is always at your fingertips, presented in an accessible and actionable format.

Reduce uncertainty by: