Demand Forecasting
Improve your forecasting models for more accurate demand predictions
Demand Forecasting: Incorporating events into models for smarter forecasting.
Labor optimization: Ensuring the right number of drivers and store staff to meet demand.
PredictHQ has supplemented incomplete data sets, including unticketed events and cancelled events, to power pricing strategies and operational decisions.
Demand forecasting: Incorporating events into their Antuit-built models to better understand demand across 9600 stores.
Amazon Alexa's "Events Near Me" feature uses PredictHQ data to inform users about local events.
Demand forecasting: Getting drivers in the right place ahead of time to improve pick-up times.
Event visibility: Available in Zartico’s platform enabling deeper insight and smarter decisions.
Pricing: A key source of intelligence for the OTA Insights platform, enabling smarter pricing.
Labor optimization: Enriching the Legion Technologies platform, used by retailers to reduce labor inefficiencies.
Local events drive demand, yet demand patterns changed significantly in 2020. These patterns are changing again in 2021 but how they change will be highly specific to each country, state and city. Being able to access verified local events for any city in the world, for as many cities as you need, will provide critical context for your recovery planning and demand forecasting.
Keep across local events - including postponements, cancellations, relocations and maximum attendee restrictions - with PredictHQ’s smart API. We collect, aggregate and maintain thousands of unique pieces of global scheduled and unscheduled event data into one handy API, so managing your marketing and special promotions calendar is easy peasy. We don’t just give you a list of events, though. We help you figure out how important they are and how they could impact your business, giving you the tools you need to make great business decisions that will maximise your return on those events. How’s that for helpful?
Improve your forecasting models for more accurate demand predictions
Visualize event data through BI tools like Tableau or Observable to better understand impact.
Get value from demand intelligence by being able to upload locations, search and identify relevant events efficiently
Know impactful events in advance and adjust prices sooner
Align your staffing strategy with event-driven demand to reduce labor costs and boost profitability
Identify demand catalysts to improve supply chain efforts and inventory levels
Ensure your network of delivery drivers is prepared and ready to go
Unlock better targeting and timing for your ad campaigns with privacy-safe event data
Use demand intelligence to reveal how events are impacting your potential locations of interest
Local businesses have the opportunity to maximise their revenue on events occurring nearby and further afield. But without reliable event data to point them in the right direction, it could be a case of the blind leading the blind. Until now. Use PredictHQ’s RESTful API to source event data about local events happening nearby, not to mention millions of other national and global events in a wide array of categories, then discover how likely they’re going to impact your business’ bottom line. We collate, aggregate and maintain millions of events into one API, then rank them numerically so you can see at a glance which ones you could maximise your revenue on.
PredictHQ takes the guesswork out of important business decisions. Use our data to create your own applications to turn predictable events into money-makers. Our API communicates with any platform, and our intelligent weighted algorithm associates event attributes and variables to every piece of information we store to help determine how important they are. All of this adds up to lots of advance planning, and lots of opportunities to maximise your revenue off local events by creating big marketing campaigns, offering food, travel or accommodation packages, or sending more cabs to key locations.
Don't underestimate how much effort it takes to work with event data... Being able to rely on a company whose sole purpose is to remove the ambiguity of event data has been game-changing for us.
Have you ever experienced an unexpected lunch rush and later found out about a conference that was just rescheduled in the area? Alternatively, maybe you were expecting an influx of customers after the city’s kickball tournament ended but the surge never came.
Local events are fluid and when event times are updated, capacity changes, or events are rescheduled, this can have a serious impact on your business. Be the first to know about new events and changed events with PredictHQ Notifications. The real time event alerts platform will keep you updated when local events change or new events in the area are added to the system. You can set up custom Notifications so you’re only alerted about changes or additions to relevant events in your area. With these alerts, you can make swift decisions around staffing and inventory levels so your business stays efficient.
Keeping abreast of local events doesn’t have to mean you have to constantly trawl local websites. PredictHQ pulls multiple data streams and third party APIs across more than 18 categories (and counting) into one smart information source so all the events you can imagine are easily accessible at a few clicks of a mouse.
PredictHQ does all the heavy lifting for you so you can spend more time building integrations, data models, algorithms and forecasting tools that will help you make the most of increased demand during major local events. From there it’s up to you how you use our data. Lookup events and get JSON responses. Integrate our data with any platform - and to make integrations even easier PredictHQ currently has Python and JavaScript SDKs available. We use the OAuth 2.0 standard for authentication, and access tokens are required to grant application access to the tools available on the API. Developers won’t need to spend precious time capturing, cleaning and maintaining disparate data sources. Plus, our API is versioned for easier maintenance. You can even search for events near a specific location using airport IATA codes, search within a geographical radius, or query multiple locations and categories at the same time.
Knowing the impact of demand causal factors like events will transform your business. The American Society of Hematology has a $45M estimated economic impact — and that's only one event in one city.
Contact our data science experts to find out the best solutions for your business. We'll get back to you within 1 business day.