Leverage more data and achieve dramatic accuracy improvements at enterprise scale with HaloBoost© Machine Learning
San Diego, CA. September 26, 2017. Halo, the leader in BI and analytics solutions for supply chain professionals, announced the release of HaloBoost©, Halo's new proprietary forecasting model. Typical forecasting methods project future sales from past sales levels incorporating seasonality and cyclical trends only. Price, discounts, product features, and sales channel information are often ignored during forecasting and accounted for later in adjustments.
HaloBoost© allows for more information to be incorporated, higher accuracy and deeper insight into the organization’s forecast and overall performance. Bill Panak, VP of Data Sciences for Halo, led new research into demand forecasting processes that led to the development of HaloBoost©:
"We found that by letting computers use algorithms that learn from the data and do more of the data handling, we can deliver great results for our customers." Bill Panak, VP of Data Sciences, Halo.
To learn more about HaloBoost©, click here.