A machine learning technique whose goal is to forecast the possibilities of “something” happening

Forecast analyze

A machine learning technique whose goal is to forecast the possibilities of “something” happening and by that insight helping your business stay 2 steps ahead of the company’s development.

By using historically collected data such as point-of-sale data, cost-of-goods-sold- or purchase data, we can use statistical algorithms to find explanations in the data, and with that knowledge, use the data to direct the focus on the expected events in the future.

Sales forecast

Data-driven strategies

We have to be honest, we can not predict the future 100%, but we can predict various outcomes with a certain probability, and if the probability of “something” happening is high enough, we can change and manage the “something” before it happens (when, of course, we do not want it to happen). The “something” we do not want could be, for example. Customer churn or fixing a production machine before it is expected to break.

Forecast analyze workflow

As our client, you benefit from our forecasts quickly, with no unnecessary delays.
It’s really simple, the only thing you need to do is provide us with your data. If required, we will of course come to your office and help you find, download and transfer the correct data to us to ensure all GDPR regulations are met.

To create the best forecast, we need to ask your data the right questions. The basic rule is to ask questions whose answers will generate value for you.

Analysis for one company cannot be applied to another company’s strategy, as each company’s data set and customers are unique. However, over the past few years, we have seen the greatest increases in revenue increase from the answers to the following questions:

  • How do I get the most responses to my campaigns?
  • Which of my products/services are most relevant?
  • What is my customer persona/personas?
  • Who are my most valuable customers?
  • How is my brand performing?
  • Which customers are on the verge of churning?
  • What products should I have in stock?
  • How can I increase customer satisfaction?

Our work

Total potential identified by our team

1 M$
Identified sales opportunities
1 M$
business operation
We use unique, custom-built algorithms to give you the best answers

Do you have a question that you really want an answer to, but it does not fit into one of our analyses.

Just contact us and we will create an analysis tailored to your needs.

Read more about data science here.

Do you want to know more?

Let us start your data science journey with a cup of coffee and a conversation. Just send us your email and we will get in touch with you.