We are pleased to announce that First Analytics will be participating in the Foresight Practitioner’s Conference 2025, hosted by the Foresight: The International Journal of Applied Forecasting. This year’s event will take place on March 3-4, 2025, at the University…
We recently learned of the passing of John D.C. Little, whose foundational work in operations research and decision science set the stage for how organizations harness data for strategic decision-making. His extraordinary legacy dating back to the 1950s includes a…
First Analytics announces the appointment of Rob Stevens and Todd Gustafson, Ph.D., as Managing Partners, strengthening the company's leadership in advanced analytics and AI consulting. Rob and Todd each bring 30+ years of experience consulting to fortune 500 firms globally…
Starting in the late Fall of 2024, you may have seen the rise of the term "Agentic AI." This is validated by the Google Search Interest Index chart you see in this blog post. As we find ourselves in the…
The Journal of Business Forecasting recently published an article by First Analytics’ titled “The Promise of Generative AI in Forecast Value Added Analysis.” The article explores the potential of integrating generative AI, specifically large language models (LLMs), into Forecast Value…
In the fourth quarter of 2024 First Analytics, contributed to a number of events and publications. In the spirit of sharing insights with industry professionals and practitioners, we point to some of them here. Forecasting We published an article in…
Often, the insights gained from preparing data for analysis can rival or even exceed the insights generated by the models themselves. As data scientists and data engineers delve into cleaning, organizing, and transforming data, they uncover information that informs not…
Tom Davenport, Chairman of First Analytics and distinguished author on business analytics, has co-authored a new book, All Hands on Tech: The AI-Powered Citizen Revolution. Published on October 22, 2024, the book explores the emerging role of “citizen developers”—non-IT professionals…
Railroads continually strive to improve employee and public safety. New tools have recently emerged to help them do that. Hype aside, railroads can embrace generative AI to address long-standing challenges and make impactful improvements. Generative AI’s capacity to analyze complex…
With three-quarters of 2024 behind us, we thought it would be fun to look at predictions about AI for the year. In particular, those made in an early January article by First Analytics Chairman Tom Davenport and Randy Bean. You…