article thumbnail

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.

article thumbnail

insightsoftware Acquires Event 1 Software

Jet Global

. – July 16, 2020 – insightsoftware , a global provider of enterprise software solutions for the Office of the CFO, today announced it has acquired Event 1 Software , a provider of intelligent, Excel-based reporting solutions. About Event 1 Software. Terms of the deal were not disclosed. Based in Vancouver, Wash.,

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Mitigating the impact of climate change in insurance and other financial services  

IBM Big Data Hub

As the effects of climate change intensify, extreme weather events are becoming increasingly frequent and severe. The US experienced 25 extreme weather events in 2023, each causing losses of over USD 1 billion, with a total cost of USD 73.8 These climate events have a huge potential impact on financial institutions.

article thumbnail

How Scenario Planning for Tax Forecasts Should Work in 2021

Jet Global

It helps them to react to small and large market fluctuations in the most cost-effective and strategic manner, modelling ”what-if” situations according to both known and unknown information. Learn how to enable complex planning and forecasting processes. Understand how to reduce tax errors and improve productivity.

article thumbnail

How generative AI will revolutionize supply chain 

IBM Big Data Hub

From demand forecasting to route optimization, inventory management and risk mitigation, the applications of generative AI are limitless. Generative AI, with its ability to autonomously generate solutions to complex problems, will revolutionize every aspect of the supply chain landscape.

article thumbnail

5 Ways Data Analytics Sets a New Standard for Revenue Marketing

Smart Data Collective

With the “big data” or insurmountable, high-volume amount of information, data analytics plays a crucial role in many business aspects, including revenue marketing. Data analytics make up the relevant key performance indicators ( KPIs ) or metrics necessary for a business to create various sales and marketing strategies.

Marketing 112
article thumbnail

Understanding Demand Forecasting And Then Mastering It

BizAcuity

Additionally, with rapidly evolving market conditions, it has become vital for businesses to stay prepared and anticipate the future. To cater to these fast-changing market dynamics, the practice of demand forecasting began. The Need For Demand Forecasting. The Science Behind Demand Forecasting.