Demand Forecasting
Quickly achieve a minimum 10% improvement in Forecast Accuracy
Getting people from A to B is a piece of cake when traffic is normal. But throw scheduled events like major sporting fixtures or concerts, or unexpected events like severe weather, into the mix and you’ve got all the ingredients for a perfect traffic jam.
PredictHQ’s API makes it easy to see at a glance when scheduled events like concerts, sporting fixtures and festivals, along with unscheduled events like severe weather or airport delays, are happening, so your transport company can better understand demand based on events happening nearby or further afield. We collate and aggregate local, national and international events into one handy place, so you can see what events are happening and when, then make plans to ensure smooth traffic and happy travellers. Make more taxis available at the right places or run more trains or buses between venues … What you do with this intel is up to you!
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 you’ve ever been stuck in a traffic jam, you will understand how stressful it is to get to an event on time. PredictHQ’s API gives transport businesses like yours access to millions of scheduled and unscheduled global events across 18 categories - and counting - so you can discover what events are happening, when, and predict what impact they might have on transport demand. Our smart ranking algorithm assigns a numerical rank to every single event we store, so you can filter from major to minor events and see at a glance which ones you should pay special attention to. From there, it’s up to you how you make the most of this intel. Make more buses, trains and taxis available, and encourage event-goers to choose public transport, on-demand transport or ride-sharing options over clogging up the motorways and freeways with their own cars. Want to do more with our data? Download and store our events so you can carry out data modeling and analysis or enrich your own dataset to produce derivative works.
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.
PredictHQ takes the hassle out of data collation and aggregation by pulling multiple data streams and third party APIs into one smart information source. This means all the scheduled and unscheduled event information that could impact your industry can be found in one handy place. Lookup events by searching within a geographical radius, using IATA codes or geographical place names. You can query multiple categories and locations at the same time, and get JSON responses. Integrate our data with any platform thanks to our easy-to-use API. We have Python and JavaScript SDKs available too. 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. Your 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, reducing operational costs. Use this location-based data to understand the ebbs and flows associated with demand on transport, then make a plan before the next major event happens in your neck of the woods.
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.