Top 20 Demand & Forecasting Technology Companies - 2017
The increasing usage of demand forecasting for businesses can largely be attributed to the advancing application of computational technology. Unlike the conventional statistical practices for demand forecasting, the new IT driven technique have come to bear greater accuracy, increased productivity, and posses greater potentiality in uncovering market opportunities, with an efficient synchronization of demand and supply.
As technological solutions bolster the landscape for demand forecasting, two trends namely machine learning and demand signal analytics have come to revolutionize demand forecasting. Machine learning’s ability to accumulate and analyze complex demand variables has become pivotal in providing better accuracy, and resolve the eminent challenges of predicting demand for new product launches, promotion demands, and efficient handling of new sale volumes, which constitute the biggest concerns for the current retail market. On the other hand, demand signal analytics through its unique combination of visual and predictive analytics has come to uncover valuable insights with minimal latency, enabling businesses to produce automatic forecasts, handle big forecasting projects, and build appropriate data specific models, to deliver accurate forecasting.
With these enabling and transformative technological trends shaping the demand forecasting landscape, a plethora of solution offerings have emerged on the forefront. To help CIOs negotiate this thriving landscape, CIO Review’s distinguished panel comprising CEOs, CIOs, VCs, industry analysts along with its editorial board have reviewed top demand forecasting solution providers and shortlisted the ones that are at the vanguard of offering the most effective solutions. The listing offers a look into how these solutions are put to use, thereby enabling you to gain a comprehensive knowledge as to how they will optimize businesses.
We present to you CIO Review’s “20 Most Promising Demand and Forecasting Technology Solution Providers - 2017.”