Demand Forecasting
Quickly achieve a minimum 10% improvement in Forecast Accuracy
It doesn’t matter what industry you work in, one principle remains true: for a business to be successful, it needs to earn money. If you’re in the business of running a business, you’ll understand just how important it is to stay on top of your revenue management. Part of remaining in control is the ability to forecast ups and downs in demand, then reacting appropriately. That’s where PredictHQ’s demand intelligence API comes in. Our data processing pipeline collates and aggregates local, national and global events into one handy place, so you know what events are happening and when, and can plan accordingly. Keen to do more with data? Download and store our event data for your own local copy, saving valuable development time and enabling you to use it however you want. Data modeling and analysis, enriching your own dataset to produce and sell derivative works … Revenue management just got so much easier thanks to PredictHQ’s forward thinking.
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
If demand on your business ebbs and flows as a direct impact of events occurring, knowing when major events like conferences, expos, concerts and sports fixtures are on would come in handy. But who’s got time to sift through screeds of event data and websites? Not you. PredictHQ gives you access to millions of scheduled and unscheduled global events that could impact your bottom line. Our API enables you to find relevant events with a simple REST call, so you can display them in your application. Our super-smart ranking algorithm that we created assigns a numerical rank to every single event, so you can filter from major to minor events and see at a glance which ones you should pay careful attention to.
If you work in accommodation, car rentals or air travel, this insight could help you figure out what rooms, cars or flights to allocate, when, and at what price. If you’re in the business of hospitality, your marketing team could have enough time to come up with a great advertising campaign to take advantage of increased foot-traffic, reducing operational costs in the process. PredictHQ gives you the power of demand forecasting like no other event data company has done before, enabling businesses of all sizes to optimize their yield and see revenue growth.
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.
Time is every business owner’s most precious commodity. That’s why PredictHQ is committed to doing the hard yards for you. We pull multiple data streams and third party APIs into one intuitive information source (we even do it manually when push comes to shove), so all the event information that could impact your business can be found in one handy place.
And the best bit? No more guesswork! We turn every piece of local, national and international data into intelligent events that will tell you if they’ll help or hinder your profitability at a glance. Lookup events by searching within a geographical radius, using IATA codes or geographical place names. You can query multiple event 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. Developers won’t need to spend precious time capturing, cleaning and maintaining disparate data sources because we do it for them, plus our API is versioned for easier maintenance. And what does all of this add up to? More efficient revenue management, reduced operational costs, and better bottom-line results. We think that makes for smart business.
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.