Journal of Business Forecasting Article on Hybrid Hierarchical Forecasting
The Spring 2023 edition of the Journal of Business Forecasting features an article co-authored by First Analytics and The Hershey Company. It shows compelling accuracy results by focusing on some novel hierarchical forecasting methods. From the abstract: Forecasting is traditionally done at a particular level of aggregation—top-down, middleout, or bottom up—depending on the data available and the purpose of the…
First Analytics at the IBF Predictive Business Analytics and Forecasting Conference
First Analytics will be co-presenting with Land-O-Lakes at the upcoming Institute of Business Forecasting Predictive Analytics and Forecasting conference. The event will be held in New Orleans, April 25th through 27th, 2023. We will discuss a model that has its roots going back decades, to the original consumer choice models. But this modern version is built on syndicated scanner data,…
First Analytics Joins the Gurobi Alliance
First Analytics recently joined the Gurobi Alliance as a service partner. Gurobi produces the world’s fastest and most powerful mathematical optimization solver – the Gurobi Optimizer – which is used by leading global companies across more than 40 different industries to rapidly solve their complex, real-world problems and make automated decisions that optimize their efficiency and profitability. As the market…
All-in On AI: Tom Davenport’s New Book
Tom Davenport, First Analytics chairman and noted author and expert on analytics just released his latest book in late January, All-in On AI: How Smart Companies Win Big with Artificial Intelligence. Filled with insights, strategies, and best practices, All-In on AI also provides leaders and their teams with the insights to help their own companies become AI-fueled. This includes: How to…
Advanced Safety Analytics Presentation at Utility Analytics Week
You won't want to miss a compelling demonstration of a predictive safety application, to be presented at the upcoming Utility Analytics Week in San Diego on October 19th. SoCalGas will present a coaching tool, based on machine learning, to support field supervisors in their discussions with employees to drive safely. Under our collaborative engagement model, data scientists and data engineers…
New Books from Tom Davenport
Tom Davenport, First Analytics chairman and noted author and expert on analytics is releasing two books this month, September, 2022. Working with AI: Real Stories of Human-Machine Collaboration explores worker-AI collaboration in real world settings. By offering detailed, real-world case studies of AI-augmented jobs in settings that range from finance to the factory floor, Tom and coauthor Steven Miller show…