PredictHQ Quarterly Release – April 2023
Welcome to the PredictHQ Quarterly Release for April 2023! Each quarter, PredictHQ consolidates the latest product and feature announcements to help you get the most value out of our platform. Get ready for five new updates that will help you better understand global events, and exactly how they’re impacting your business.
For an in-depth review of the updates for this quarter, check out our on-demand webinar where PredictHQ Customer Experience Manager Ryan Lipson walks through how the new features work, where to find them in our platform, and how to leverage them in your day to day. Now let's dive into what’s new!
1. Use Predicted Event Spend to uncover the economic impact of events
At PredictHQ, we understand that knowing the potential economic impact of an event is crucial for businesses. That's why we are thrilled to announce the launch of Predicted Event Spend, a feature that allows you to estimate the economic impact of an event on the local economy. With this feature, you can now make more informed decisions about which events to attend or sponsor and allocate your resources accordingly. To learn more about Predicted Event Spend, check out our blog post here.
2. Decompose your data in seconds with Beam
We know that working with large datasets can be a challenge – which is why we have introduced Beam, a powerful data correlation and processing tool that allows you to decompose your data into smaller, more manageable components. With Beam, you can easily process and analyze vast amounts of your historical sales data to quickly gain store-level demand insights. To learn more about how Beam can help you streamline your data analysis, check out our blog post here.
3. Unlock increased event relevancy with Suggested Radius
Our Suggested Radius API is now even more powerful, providing you with custom radius profiles based on your business industry, location, population, and more. The Suggested Radius feature suggests the optimal search radius for your event search, making it easier to find the most relevant events for your business. With this feature, you can now eliminate noise while discovering new events that may have previously been overlooked. To learn more about Suggested Radius, check out our blog post here.
4. Easily identify peak periods of demand with the Demand Surge API
Introducing the Demand Surge API, which quickly scans a period of 90 days for higher-than-usual increases in attendance for a given area. Use this feature for visibility into peak demand periods so you can allocate resources to better meet customer demand and maximize your revenue potential. To learn more about the Demand Surge API, check out our blog post here.
5. Stay informed with increased event coverage for Latin America
We have expanded our coverage of Latin America, adding thousands of new events to our database in the region. With this expansion, you can now access even more event data in Latin America, helping you stay informed about impactful events in countries such as Brazil, Mexico, Argentina, and more. To learn more about our increased coverage in Latin America, check out our blog post here.
We hope these updates and features will help you to stay competitive by powering more informed, data-driven business decisions for you and your team. For more details on each of the new releases, be sure to register for the on-demand webinar available now. As always, we appreciate your feedback, and we look forward to hearing your thoughts on these new developments. Stay tuned for more updates from PredictHQ!