Handling the impact of Corona on demand forecasting
Demand forecasting is one of the key capabilities enterprises need to master to run their business successfully. In this webinar with foryouandyourcustomers, we will discuss the impact of severe events like the current Corona crisis on the usage of Machine Learning models and how these models can be adjusted in order to maintain predictive power to run your business successfully.
In recent years, businesses have taken a big step forward with regards to employing more and more sophisticated Machine Learning and A.I. models that learn from past patterns to predict the future. This evolution was enabled by the availability of more data and the rise of computational power that is needed to handle it. What happens, though, if the past does not represent the future any longer?