Motivation for Research: The constant evolution of the electric grid with the integration of generation from renewable sources and “smart” components makes peak electric load management an essential ...
A new research paper shows the approach performs significantly better than the random-walk forecasting method.
Financial forecasting is pivotal in my journey as a chief financial officer (CFO), steering strategic decisions and shaping the trajectory of organizations. Over the years, I’ve witnessed a ...
Properly forecasting sales helps you plan and prepare for the months and years ahead, allowing you to control costs and focus on successful growth strategies. A good sales forecasting methodology also ...
Budget process evolution and maturity in healthcare organizations traditionally has lagged other industries, where leading-edge and data-driven forecasting approaches are currently evolving. Most ...
In this special guest feature, Geoff Birnes, SVP of Customer Engagement at Atrium, discusses how the CRM space is being completely altered by the introduction of machine learning, data analytics and ...
Grey forecasting models represent a class of mathematical techniques designed to generate predictions from limited and often uncertain data. Rooted in grey system theory, these models emphasise the ...
Dr Yves R. Sagaert emphasizes the importance of organizations shifting away from traditional static budgeting, which relies ...
Business forecasting is essential for the survival for companies of all sizes. The building block used by forecasters is historical data or the past performance of the business to predict future ...
The exploration for new oil, gas or metals is now a multibillion-dollar complex business. This industry has always been high-risk, as required investments are often large and do not always justify ...
A new interdisciplinary project from the National Science Foundation aims to improve our understanding of solar flares and our ability to predict them. Solar flares are a main feature of severe space ...