The Datapred blog

On machine learning, time series and how to use them.

5 findings about contextual data and raw material price analysis

on Nov 10, 2020 9:44:15 AM By | Datapred | 0 Comments |
For obvious reasons, raw material price volatility has increased in 2020 - and we have been monitoring that closely. Datapred uses both price history and contextual data for raw material market analysis and price prediction, and as this year draws to a close, we would like to share five findings about the power of contextual data for understanding raw material prices.  
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Covid-19 and raw materials - The many shapes of instability

on Apr 27, 2020 11:15:00 AM By | Datapred | 0 Comments |
The Covid-19 crisis is having a violent impact on energy and raw material markets. But the traditional concept of price volatility doesn't capture the many aspects of that instability, and is actually misleading in some cases. Chief Procurement Officers need finer insights to optimize buying decisions in the post Covid-19 world.
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Datapred raises Series A from JOIN Capital

on Apr 2, 2020 1:09:41 PM By | Datapred | 0 Comments |
Investment underlines the trend for deep tech applied to core industrial processes.  
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Prediction and prescription - Continuous intelligence twins (Part 2/2)

on Sep 30, 2019 5:12:31 PM By | Datapred | 0 Comments |
For continuous intelligence applications, the relationship between prediction and prescription is richer than described in the classic framework of analytics capabilities:
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Prediction and prescription - Continuous intelligence twins (Part 1/2)

on Sep 23, 2019 11:12:00 AM By | Datapred | 0 Comments |
The framework of analytics capabilities - distinguishing between descriptive, predictive and prescriptive analytics - is well known:  
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The next big thing (in business intelligence)

on Jul 9, 2019 2:50:26 PM By | Datapred | 0 Comments |
It’s always fun to watch business consultants and IT companies search for the next buzzword - throwing candidates to the wall, hoping that one of them will stick and help them own the next big thing. (IBM is particularly adept at the game, rotating buzzwords every two years.)
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Stop stacking, start aggregating

on Jun 24, 2019 3:27:36 PM By | Datapred | 0 Comments |
Data scientists are waking up to the fact that combining multiple, relatively simple predictive models is often more efficient, when tackling a time series forecasting challenge, than using the latest super-duper neural network.
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Datapred wins Airbus’s 2019 time series modeling challenge

on Jun 18, 2019 11:02:00 AM By | Datapred | 0 Comments |
Challenge designed to scout for top players in the field of time series analysis.  
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Datapred named a Cool Vendor in Sourcing & Procurement Applications

on May 16, 2019 12:14:27 PM By | Datapred | 0 Comments |
Cool Vendor reports include vendors that are interesting, new, and innovative.
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Direct material procurement: beating the market is not the point

on May 9, 2019 11:32:00 AM By | Datapred | 0 Comments |
Datapred's machine learning software for direct material procurement helps companies save 3-5% off their commodity, energy and raw material costs year over year, through a unique combination of price predictions and constraint optimization.
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