Job forecasters, such as those who work for the U.S. Bureau of Labor Statistics, examine data to predict future employment trends. Businesses go through cycles of upward and downward trends and are ...

With legacy load forecasting models struggling with unpredictable events that are becoming ever more common, power-hungry AI ...

Data scientists and technologists responsible for data governance, engineering, and integration should look for opportunities to use data analytics and AI for strategic decision-making. Finance, ...

Dr Yves R. Sagaert emphasizes the importance of organizations shifting away from traditional static budgeting, which relies ...

Moreover, research shows that increasing accuracy of weather forecasts can result in thousands of lives saved per year. One ...

Forecasting is described as the practice of creating statements that anticipate future information. You should not confuse forecasting with budgeting, which uses future information to create a plan to ...

Update: On July 30, NOAA said the decision was reversed and it will continue receiving the satellite data. Read more here. Our earlier story is below. A satellite program that has historically been a ...

Any good business will have a system of sales forecasting as part of its critical management strategy. But most sales forecasts are, by nature, inexact. The trick, experts say, is to know in which ...