Demand Forecasting
Quickly achieve a minimum 10% improvement in Forecast Accuracy
However you define them, events impact your bottom line. Take your website, for example. When you work in the world of online, being able track a user’s engagement with your website by analyzing system events like their website clicks is a powerful tool. Similarly, when you work in a service industry, the ability to understand how real world events like concerts, sports fixtures, public holidays, conferences, natural disasters or airport delays can impact supply and demand is just as important.
PredictHQ is the world leader in the second scenario. Our intuitive demand intelligence API makes it easy to see at a glance when scheduled and unscheduled events are happening, where. We collate and aggregate all of these events into one handy place, so you can see what events are happening and when, foretell how likely they’re going to impact your profit margins, then come up with a plan to make the most of these events or mitigate their impact, all decisions that will directly affect your bottom line. It’s a real science that we’ve refined down to a tee, and we’d love to share it with your business.
Quickly achieve a minimum 10% improvement in Forecast Accuracy
Use event data to enable your AI models with contextual real-world data
Get value from demand intelligence by being able to upload locations, search and identify relevant events efficiently
Identify demand catalysts to improve supply chain efforts and inventory levels
Unlock better targeting and timing for your ad campaigns with privacy-safe event data
Know impactful events in advance and adjust prices sooner
Reduce labor costs and improve profitability by scheduling around events
Visualize event data through BI tools like Tableau to better understand impact
Ensure your network of delivery drivers is prepared based on demand from events
Local events, national events, global events … Whatever the event, we’ll probably have it. PredictHQ’s API gives you access to millions of scheduled and unscheduled global real world events across 18 categories - and counting - and enables you to find relevant events to your business with a simple REST call. Our smart in-house ranking algorithm assigns a numerical rank to every piece of forward looking event data as well as past events that we store, so you can filter from major to minor events and see at a glance which ones you should pay special attention to. And the possibilities of what you can do with our data are endless. For example, if you’re an accommodation provider or taxi company, PredictHQ can help you discover what major concerts or sporting fixtures are happening for a given location on what dates, so you can raise or drop your room rates accordingly, or send your drivers to the right locations well in advance. By using PredictHQ, you’ll give yourself plenty of notice to create solid marketing campaigns and pricing strategies that leverage scheduled events happening all over the world, plus our ability to source unscheduled event data like natural disasters, airport delays and even terror gives you near real-time intel and helps you react accordingly.
Don't underestimate how much effort it takes to work with event data... Being able to rely on a company whose sole purpose is to remove the ambiguity of event data has been game-changing for us.
Aside from the quality and quantity of data that we provide businesses just like yours, one of the biggest pros of PredictHQ is that we source it all so you don’t have to. In our data quality phase of our processing pipeline, we pull countless data streams and third party APIs into one smart information source so all the scheduled forward-looking event data as well as and unscheduled events that could impact your industry can be found in one handy place. We make it really easy to find the data you need. Lookup events by searching within a geographical radius, using IATA codes or geographical place names. You can query multiple categories and locations simultaneously and get JSON responses. Integrate our data with any platform thanks to our easy-to-use API. We also have Python and JavaScript SDKs available. We use the OAuth 2.0 standard for authentication, and access tokens are required to grant application access to the tools available in the API. We understand that time is a major currency, which is why your developers won’t need to spend precious time capturing, cleaning and maintaining disparate data sources - we do it for them! - plus our API is versioned for easier maintenance. Use our API to find relevant event data to display in your application, or download and store our events to use in your own data modeling and analysis or enrich your own dataset to produce derivative works.
Knowing the impact of demand causal factors like events will transform your business. The American Society of Hematology has a $45M estimated economic impact — and that's only one event in one city.
Contact our data science experts to find out the best solutions for your business. We'll get back to you within 1 business day.