Demand Forecasting
Improve your forecasting models for more accurate predictions
Dynamic pricing: Setting prices and packaging based on smarter forecasts.
Labor optimization: Ensuring the right number of drivers and store staff to meet demand.
Yield optimization: Tracking incoming demand ahead of the booking curve.
Merchant Services: Adding relevant demand causal factor insights to customer communications.
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.
Forget fortune tellers and crystal balls: the closest we can get to reliably looking into the future is searching for an event online and manually adding it to our calendars … or worse, spreadsheets. Well, until now, that is. PredictHQ’s API makes it easy to see at a glance when unscheduled and scheduled events are happening, where. We collate and aggregate all of these events into one handy place, so you can see what events are happening and when, foretell how likely they’re going to impact your profit margins, then come up with a plan to make the most of these events or mitigate their impact. Store our location-based event data so you can search and analyze your own local copy.
Improve your forecasting models for more accurate predictions
Maximize revenue by predicting demand
Know your demand in advance to optimize schedules
Forecast smarter to optimize inventory levels
Identify your demand catalysts for smarter analytics
Use intelligent event data in your data lake
When your customers are looking for things to do, it pays to be in the know about what upcoming events are on the horizon too. PredictHQ’s API gives you access to millions of unscheduled and scheduled events across 18 categories - and counting - and enables you to find relevant events to your business with a simple REST call. Our smart in-house ranking algorithm assigns a numerical rank to every piece of event data we store, so you can filter from major to minor events and see at a glance which ones you should pay special attention to. And the possibilities of what you can do with our data are endless. Find out where and when major concerts or sporting fixtures are happening, then adjust your room rates and taxi fares accordingly. If local events have the potential to encourage more customers to walk through your restaurant doors, roster more staff, order more food, and create foolproof marketing campaigns to get more derrieres on seats. Take advantage of recurring events like conferences and expos to encourage more people to book early. PredictHQ’s smart event visibility doesn’t just stop at scheduled events though; receiving data about unscheduled events like airport delays, severe weather or even terror events enables you to react immediately and quickly communicate with your customer base.
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.
Many demand forecasting practitioners and data experts can use historical event data to understand the economic impact of events and improve forecasting accuracy. But when events unexpectedly change or are rescheduled, you need a way to receive real time updates and make faster decisions around your business operations.
Set up instant event notifications with PredictHQ so you’re the first to know when relevant upcoming events are scheduled or changed. With PredictHQ Notifications, easily set up custom alerts
As a consumer, it’s a serious time-waster trying to discover cool things to do across countless event sources, not to mention dealing with FoMO because you don’t know what’s going on around you and why there are so many people out and about. Enter stage left, PredictHQ. Our data processing pipeline pulls multiple data streams and third party APIs into one smart information source so all the scheduled and unscheduled events that could impact your industry can be found in one handy place, meaning you can inform your customers too. We make it really easy to find the data you need. Lookup events by searching within a geographical radius, using IATA codes or geographical place names. You can query multiple event categories and locations at the same time, and get JSON responses. Integrate our data with any platform thanks to our easy-to-use API. We have Python and JavaScript SDKs available too. We use the OAuth 2.0 standard for authentication, and access tokens are required to grant application access to the tools available in the API. Developers won’t need to spend precious time capturing, cleaning and maintaining disparate data sources - we do it for them! - plus our API is versioned for easier maintenance. See? Perhaps it’s time to make your next upcoming event a free trial with PredictHQ.
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.
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