Are predictive planning, forecasting and machine learning impractical fantasies of software providers or tangible reality in your market environment? And even more importantly: Are you currently missing a relevant trend in finances or corporate performance management if you're not using any of these methods yet?
A new survey of the Business Application Research Center (BARC) provides answers to these questions. The independent market analysts of BARC have examined the use of predictive algorithms and machine learning in corporate planning.
The resulting survey uncovers the potential of predictive planning and forecasting, opposes planned and achieved benefits and details use cases, specific challenges and opportunities of predictive models in planning and forecasting.
BARC is one of Europe’s leading analyst firms for business software, focusing on the areas of data, business intelligence (BI) and analytics, enterprise content management (ECM), customer relationship management (CRM) and enterprise resource planning (ERP).
BARC has conducted the topical survey "Predictive Planning and Forecasting on the Rise – Hype or Reality?" between May and June 2022 as global online survey. A total of 295 persons participated, representing numerous different roles, industries and company sizes.
Corporate Planning has supported the independent survey as Gold Sponsor and is happy to provide it to you free of charge.
Corporate Planning has been providing innovative software for business management in the SME sector for over 30 years. Its multi-award-winning solutions for operational management, integrated financial planning and consolidation (certified according to German audit standards IDW PS 880 and IDW RS FAIT 1 and 4) are integrated to run on one technological platform.
Corporate Planning is part of the proALPHA Group.