The Datapred blog

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

Prediction and prescription - Continuous intelligence twins (Part 2/2)

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)

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)

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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Datapred named a 2019 Cool Vendor in Sourcing & Procurement Applications by Gartner

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

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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Custom loss functions - What they are and why you need them

Machine learning models often disappoint in production for a simple reason - they have the wrong target.
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