Sisense

APRIL 13, 2020

In fact, reading books and listening to audiobooks is up 35% worldwide as of March 2020, due to the COVID-19 pandemic. I asked my Sisense colleagues to share some of their favorite book titles that they have loved and learned from. In that spirit, one thing we all have in common is that we’re all online. Davenport and Jeanne G.

Uncertainty 83

Uncertainty Marketing Digital Transformation Forecasting 83

Jet Global

APRIL 5, 2021

Enterprises actively use financial modeling to guide their financial planning and strategic decision-making. Financial models offer data-driven, quantitative analysis that tells you where your company stands and where it’s heading. That being said, one model can’t do it all. What Is Financial Modeling?

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Modeling Forecasting Metrics Finance 98

Jet Global

JANUARY 31, 2022

In most companies, planning, budgeting, and forecasting processes are fairly well-established, but just because you’ve always done things a certain way doesn’t mean you can’t improve them. Use Scenario Modeling. Scenario modeling enables decision-makers to compare potential outcomes under a variety of conditions.

Forecasting 52

Forecasting Recreation/Entertainment Finance Software 52

Jet Global

OCTOBER 18, 2021

The “What” and “Why” of Demand Planning and Forecasting. To allocate assets effectively and operate more efficiently, supply chain managers have turned to the science of demand planning and forecasting. Demand forecasting is about predicting potential spikes or troughs in demand. The Four Elements of Demand Planning.

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Forecasting Recreation/Entertainment Sales Finance 52

Jet Global

JULY 2, 2021

FSN’s most recent research, “Agility in Planning, Budgeting and Forecasting” , confirms and quantifies the compelling advantages of modernizing and digitizing the planning, budgeting, and forecasting process. In a nutshell, transformation leaders forecast more quickly and accurately and further out on the time horizon.

Forecasting 59

Forecasting Recreation/Entertainment Finance Reporting 59

Jet Global

JULY 15, 2021

There’s an old saying in the business world that “All forecasts are wrong.” After the world-changing events of 2020, business leaders are more interested than ever in exploring these kinds of possibilities, modeling best case and worst-case scenarios, asking “what if?” Consider sales forecasts, for example.

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Modeling Recreation/Entertainment Sales Cost-Benefit 98

CIO Business Intelligence

NOVEMBER 17, 2023

Over a period of six months, we created an entirely new demand forecasting model, leveraging the capabilities in the cloud,” he says by way of example. They are quite sensitive particularly about not putting into some of those models confidential information, which could then be out there permanently.”

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The Unofficial Google Data Science Blog

APRIL 17, 2017

by ERIC TASSONE, FARZAN ROHANI We were part of a team of data scientists in Search Infrastructure at Google that took on the task of developing robust and automatic large-scale time series forecasting for our organization. So it should come as no surprise that Google has compiled and forecast time series for a long time.

Forecasting 83

Forecasting Modeling Statistics Uncertainty 83

Jet Global

AUGUST 24, 2021

Enter scenario modeling. Scenario modeling is the practice of developing financial models based on several possible outcomes, and developing plans around each of those situations. Let’s look at some of the best practices for financial scenario modeling. What if revenue comes in well under the forecast?

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Modeling Recreation/Entertainment Forecasting Sales 52

Jet Global

JULY 14, 2020

Building financial models is a key function of the financial planning and analysis (FP&A) group and provides a powerful tool for analyzing a diverse set of possible scenarios. Budget modeling is perhaps the most widely applicable form of financial modeling. The Predictive Power of Financial Modeling.

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Modeling Finance Strategy Cost-Benefit 97

Jet Global

SEPTEMBER 22, 2022

What if modeling gives you the ability to not just have a plan A, but also to evaluate plan B, plan C, plan D, and more. Scenario planning also adds to the accuracy of forecasting, with 54 percent of scenario planners able to forecast to within plus or minus five percent of earnings and revenue. Automated workflows.

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Modeling Forecasting Finance Uncertainty 52

Jet Global

FEBRUARY 9, 2022

This applies to collaborative planning, budgeting, and forecasting, which, without the right tools, can be daunting. This may be true for your organization when it comes to improving your budgeting, planning, and forecasting processes, where the fear of a complex, risky data integration project holds you back. Why Bizview.

Forecasting 52

Forecasting Recreation/Entertainment Reporting Software 52

O'Reilly on Data

MAY 27, 2020

Below the windows on one long side of the room sat books in colorful bins—hundreds of them, a class library. Books, in turn, get matching scores to reflect their difficulty. It’s a core role of librarians and teachers to know their students and to recommend interesting books, he wrote. But the Lexile system’s inventor, A.

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Risk Testing Reporting Measurement 355

Smart Data Collective

AUGUST 31, 2020

Predictive analytics models have proven to be remarkably effective with the stock futures market. One company that uses big data to forecast stock prices has found that its algorithms outperform similar forecasts by 26%. They build complex machine learning models that rely on numerous pieces of information.

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Big Data Forecasting Machine Learning Marketing 91

Domino Data Lab

AUGUST 22, 2019

Many thanks to Addison-Wesley Professional for providing the permissions to excerpt “Natural Language Processing” from the book, Deep Learning Illustrated by Krohn , Beyleveld , and Bassens. The excerpt covers how to create word vectors and utilize them as an input into a deep learning model. Introduction.

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Deep Learning Modeling Metrics Testing 111

Jet Global

APRIL 18, 2024

Constant market changes have increased pressure on faster, more accurate forecasting and reporting to inform rapid decision-making. Inaccurate forecasts, missed budget deadlines, and breakdowns in communication often serve as the catalysts that finally motivate leaders in the business to make necessary changes.

Forecasting 52

Forecasting Finance Dashboards Reporting 52

IBM Big Data Hub

MAY 14, 2024

Those organizations that have already adopted AI have helped reduce sales forecast errors by 57%, reduce uncollectable balances by 43%, and cut monthly close cycle time by 33%, according to the IBM Institute for Business Value report. New operating model, skills and competencies Generative AI is changing the way that we do business.

Finance 69

Finance Cost-Benefit Reporting Forecasting 69

CIO Business Intelligence

NOVEMBER 14, 2022

A DSS leverages a combination of raw data, documents, personal knowledge, and/or business models to help users make decisions. According to Gartner, the goal is to design, model, align, execute, monitor, and tune decision models and processes. Model-driven DSS. They emphasize access to and manipulation of a model.

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Data mining Data-driven Statistics OLAP 122

Cloudera

FEBRUARY 3, 2021

Capacity on planes and with ground transportation has been booked, and, of course, this was all done in the absence of the vaccine itself. This is, in turn, causing a mismatch between demand forecasting and supply replenishment. A key element of successful supply chains of this magnitude is a gile demand forecasting.

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Manufacturing Forecasting Internet of Things Risk 105

DataRobot

MAY 6, 2021

As I pulled books from my bookcase, packing them into boxes to go into storage, I found my Blockbuster Video membership card. I’d tucked it inside a book as a bookmark. In addition to the books, I also put my DVD player into storage. That membership card must be more than 10 years old.

Forecasting 145

Forecasting Measurement Reporting Data-driven 145

Jet Global

APRIL 8, 2024

Furthermore, basing your budgets and forecasts on inaccurate or incongruent data from silos can have a detrimental impact on decision-making. Manual processes make integrating actual results into forecasting models cumbersome and error prone. These inconsistencies also cause problems with disclosure management.

Reporting 52

Reporting Management Finance Forecasting 52

O'Reilly on Data

JULY 28, 2020

Ethics and Data Science is a short book that helps developers think through data problems, and includes a checklist that team members should revisit throughout the process. You must detect when the model has become stale, and retrain it as necessary. Those are questions that every product team needs to think about.

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Marketing Experimentation Metrics Testing 361

CIO Business Intelligence

AUGUST 30, 2022

But Covid brought about a need for quick-fire decisions, where the rule book had to be re-written overnight or thrown out completely. Data has always been central to agile business planning, forecasting and analysis – all tools which have become central to the modern CFO role.

Data-driven 73

Data-driven Finance Digital Transformation Operational Reporting 73

Jet Global

MAY 9, 2024

A single source of truth for all budgeting activities increases the reliability of financial forecasts. With an intuitive web-based, spreadsheet-like interface, you can create any type of budgeting, forecasting, and planning form with Bizview. Enhanced Accuracy: Centralized data oversight minimizes errors and inconsistencies.

Finance 52

Finance Forecasting Reporting Optimization 52

Sisense

JANUARY 26, 2020

Building an accurate predictive analytics model isn’t easy. Improve forecasts and maximize revenue. To answer more forward-looking questions, Gentex creates a sales forecast for an entire year using just a few months of data. They use predictive models to forecast revenues based on spending.

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Predictive Analytics Manufacturing Analytics Forecasting 78

Jet Global

DECEMBER 5, 2023

Our financial planning tools are highly flexible and can be fully customized to meet your organization’s specific planning and forecasting needs. Financial planning solutions streamline planning, budgeting, and forecasting processes by providing visibility to planning data, consistent application of logic, and planning process governance.

Forecasting 52

Forecasting Data-driven Reporting Software 52

datapine

MARCH 31, 2022

To help you with your studies, you can start here with a list of the best SQL books that will help you take your skills to the next level. If you’d like some resources in this area, we have posts on related business intelligence books and business intelligence podcasts you can use to start your research.

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DataRobot Blog

AUGUST 10, 2022

Snowflake provides a state-of the-art data platform for collating and analysing workforce data, and with the combined addition of DataRobot Solution Accelerator models, trusts can have predictive models running with little experimentation — further accelerated by the wide range of supportive datasets available through the Snowflake Marketplace.

Forecasting 52

Forecasting Experimentation Data-driven Risk 52

AWS Big Data

MARCH 21, 2024

You also need longer-term access to this data for machine learning (ML) models to run predictive maintenance assessments, find optimization opportunities, and forecast demand. You can use the same data to train ML models. Michael also loves learning about behavioral science and psychology from books and podcasts.

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Data Lake Management Modeling Optimization 97

Jedox

JANUARY 7, 2021

Together with Walter Goddard, Richard Ling coined the term S&OP in their 1988 book “Orchestrating Success: Improve Control of the Business with Sales and Operations Planning.” After data preparation comes demand planning, where planners need to constantly compare sales actuals vs. sales forecasts vs. plans. The origins of S&OP.

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Sales Forecasting Data Warehouse Finance 81

Jet Global

JULY 28, 2023

No matter what industry you’re in, the ability to quickly and accurately forecast budgets is key to keeping your business healthy and successful. A budgeting and planning solution that makes scenario modeling easy is a valuable tool for retail and food service businesses to overcome the impacts of seasonality.

Forecasting 52

Forecasting Sales Dashboards Reporting 52

Jedox

NOVEMBER 18, 2021

What does maximum maturity mean in the 5-step Gartner Sales & Operations Model and how do you get there? Figure 1: 5 Stages of the Gartner S&OP Maturity Model. The 5 stages of the maturity model. Are you using simple tools for volume-based planning, including forecasts? Stage 1 – no shared goals.

Forecasting 52

Forecasting Sales Optimization Finance 52

Jet Global

DECEMBER 22, 2021

The latter is responsible for forecasting sales, then maximizing revenue and margins; the former must see to it that the supply chain operates as efficiently as possible. Instead of developing forecasts that focus solely on demand, the company might look at the bigger picture. Sales Forecasting. Access Resource.

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bridgei2i

MAY 26, 2020

By allowing that, they could have a steady demand forecast based on sensing algorithms and react faster to such events. He has delivered hundreds of millions of dollars of impact to his clients in High-Tech CPG and Manufacturing Industries, particularly in the areas of demand forecasting, inventory and procurement planning. Transcript.

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IBM Big Data Hub

NOVEMBER 30, 2022

The integrated solution automatically handles reporting, analysis, planning and forecasting. They had a small IT team and needed a powerful tool that could handle a variety of uses, like tax provisioning in treasury, reporting and modeling for finance and still scale. The benefits include the ability to close out their books earlier.

Reporting 52

Reporting Enterprise Finance Business Analytics 52

Jet Global

MARCH 18, 2022

Bizview offers an integrated, web-based budgeting, planning, and forecasting solution. You’ll experience increased planning cadences, better budget and forecast accuracy, improved collaboration, and simplified processes to drive smarter decisions from more accurate data. Smart Move. Five Reason Why. Ability to Scale.

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Forecasting Reporting Finance Risk 98

Jet Global

OCTOBER 2, 2023

Power ON supercharges Power BI with planning and write-back capabilities, giving users the power of real-time collaborative data collection, forecasting, commenting, and what-if scenario modeling right in Power BI. Analyze and Model – Take analysis to the next level. No more export to spreadsheet required!

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