Demand Forecasting
Quickly achieve a minimum 10% improvement in Forecast Accuracy
It might sound obvious, but when you’re in business, you generally want to make as much money as possible. But every business can be impacted by scheduled and unscheduled events in ways they might not realize - until they’ve already happened. PredictHQ’s unique and quality dataset enables businesses to create an intelligent pricing strategy and improve their yield optimization by understanding the past in order to predict the future. How? It’s simple, really.
PredictHQ collates and aggregates local, national and international events into one handy place, so you know what real world events are happening, where and when. From there, our ranking algorithm that we designed figures out what events are more likely to impact your business performance compared to others, so you can see at a glance which events you need to pay special attention to. Adjust your pricing strategy, marketing campaigns, rosters, even inventory management, to take advantage of increased demand, a drop in people booking rooms or flights, or more people clicking on an ad. Use our demand intelligence API to return millions of pieces of relevant data to your business instantly, or download and store your own local copy of event information to use in data analysis and modeling, or to enrich with your own dataset to produce derivative works.
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
Enhance the performance of your business by harnessing the power of PredictHQ’s one-of-a-kind data. Use our API to find millions of scheduled and unscheduled global events from more than 18 categories that could cause business impact, then make well-founded business decisions accordingly. Our API lets you find relevant events with a simple REST call so you can display them in your application, while our proprietary ranking algorithm assigns a numerical rank to every event so you can see at a glance which events are more likely to impact you than others.
From here, how you use your new intel is totally up to you. Produce marketing campaigns that leverage big-name concerts that could impact demand on your business, or adjust your pricing strategy to make more or fewer rooms, seats on flights or cabs available. Roster more staff to work ahead of major sporting events, conferences or expos, and communicate to your customer base instantly during major unscheduled events like severe weather or terror via push notifications or email communications. The beauty of PredictHQ is that we give you all the data you need to make the best decisions possible, and it’s just a few steps away.
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.
We know your time is precious, which is why we do all the hard yards for you. PredictHQ pulls multiple data streams and third party APIs into one intuitive information source (we even manually collate data when we have to), so all the event information that could impact your business can be found in one handy place, saving you and your developers hours of valuable time.
We don’t just spit out a list of basic events, either. We assign additional intelligence to every single piece of local, national and international event data, so you can tell just by looking at them if they have the power to impact your profit margins. 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. We make your developers’ lives easier too, because they don’t need to spend precious time capturing, cleaning and maintaining disparate data sources. Plus, our API is versioned for easier maintenance, reducing operational costs, improving your visibility into the future, and giving your business the results you’re looking for.
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.