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Data integration: The key to AI-supported planning systems

Jedox

In our previous blog post “ Proven AI solutions for modern planning “, we shared detailed insights from Dr. Rolf Gegenmantel, our Chief Marketing & Product Officer, into data management and data integration as a basis for advanced analytics and automated sales forecasts at Mitsui Chemicals Europe.

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Integrated Business Planning – Provides continuous visibility and drives consensus

bridgei2i

BRIDGEi2i leveraged driver analysis and forecasting techniques to aid the planning exercise coupled with classification and best in class optimization using the Optimizer AI accelerator at a SKU level to increase prediction accuracy and fit measures. Download the case study! How BRIDGEi2i Delivered Value?

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The Digital Transformation of your Planning Process

Jedox

Managing the business logic as part of a planning repository is an important part of the digital transformation. Business logic repository” should include business drivers and their impact on the business results. Different periods (Last forecast, last year budget).

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Invest in a Data Culture or Fall Behind: Q3 2021 State of Data Culture Report

Alation

They include missing out on new revenue opportunities, poorly forecasting performance, and making bad investments. At top-tier organizations, two key business drivers for data and analytics priorities emerge: Product innovation and operational efficiency are the two most popular reasons for pursuing a data culture.

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Alation State of Data Culture Report: The Conflict Between Growth and Governance

Alation

Generating revenue ranks as the top business driver of data and analytics initiatives. That’s shown by the nearly two-thirds (63%) of data professionals who say enabling business growth takes precedence over protecting the business when it comes to their data strategy. Subscribe to Alation's Blog.

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Three Benefits of Driver-Based Budgeting

Jet Global

Identifying Key Business Drivers. The DBB process begins with identifying the variables that have the greatest impact on overall business performance. DBB builds a budget based on key business objectives, baseline assumptions about external drivers, and a results-driven approach to internal business drivers.

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Five Types of Budgets: Which One is Right for You

Jet Global

DBB builds a budget based on key business objectives, baseline assumptions about external drivers, and a results-driven approach to internal business drivers. For example, consider a ski resort business in which early-season and late-season business are especially dependent on weather conditions.