Machine learning-based forecasting has fast become the most efficient and effective way for a business to project business growth and demands on resources.
Anodot's Autonomous Forecast™ enables you to apply autonomous forecasting to predict growth and demand, otherwise known as growth forecasting and demand forecasting. You no longer need a data scientist to forecast the time series metrics - our AI-powered forecasting enables you to automatically manage the machine learning required to create, train, tune and deploy a customized forecasting model. All you need to do is point to the time series data source(s), set the forecasting parameters, and consume the highly accurate results.
Note that each metric that you want to forecast must go through a process to ultimately get to a customized forecast model that can be run again and again or even continuously. The process is depicted in the illustration below. This is, essentially, the blueprint for creating a time series forecast.
Why you need Growth Forecasting
Growth Forecasting helps companies set their short- and long-term business objectives and make important decisions to help them reach their goals. It can be especially useful for:
- Revenue prediction
- Spending on customer acquisition
- Customer churn
Why you need Demand Forecasting
Demand Forecasting helps companies improve their ability to predict demand. It can be applied across many industries, and is especially useful for:
- FinTech and currency management
- Network capacity planning
- Inventory planning for retail
How do I activate Forecast in my account?
Please contact your Customer Success manager or support@anodot.com for further information.
