Artificial Intelligence

Analytics | Artificial Intelligence | Machine Learning
Charlie Chase 0
Is machine learning practical for statistical forecasting?

There's been a lot of hype regarding using machine learning (ML) for demand forecasting, and rightfully so, given the advancements in data collection, storage, and processing along with improvements in technology. There's no reason why machine learning can't be utilized as another forecasting method among the collection of forecasting methods

Analytics | Artificial Intelligence | Internet of Things | Machine Learning
Charlie Chase 0
Practical approaches to new product forecasting using structured and unstructured data

When it comes to forecasting new product launches, executives say that it's a frustrating, almost futile, effort. The reason? Minimal data, limited analytic capabilities and a general uncertainty surrounding a new product launch. Not to mention the ever-changing marketplace. Nevertheless, companies cannot disregard the need for a new product forecast

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