Generating, understanding and properly applying market forecasts is no longer an activity just for the “number crunchers”; it is becoming a necessity throughout today’s businesses. A recent survey by theForecaster (forecastingexcellence.ning.com) reveals that scope of forecasting is changing rapidly with the business landscape.
(Oct 29, 2007)
Planning
Forecasting realities and understanding randomness
Forecasting realities and understanding randomness
On June 21st of this year, SAS hosted the first webcast in a two-part series called “Worst Practices in Forecasting.” Speaker Mike Gilliland, Marketing Manager for Forecasting for SAS, said it was time for companies to stop chasing the dream of a “perfect” forecast and start focusing on the realities of what forecasting can accomplish.
Prediction markets – harvesting the wisdom of crowds
Never heard of prediction markets? It’s a simple concept really that is revolutionizing forecasting in a variety of industries and seems poised to take the pharmaceutical industry by storm.
(Aug 14, 2007)
