Augmenting traditional planning processes with advanced predictive planning and machine learning has become increasingly important. We explore why.
Predictive planning and machine learning capabilities remove bias and improve the accuracy of plans and forecasts, leveraging formal forecasting techniques such as regression and time-series analyses along with expert opinion and other, less formal methods.
But for this to work, data needs to be seamlessly connected and in harmony across the entire business. Consequently, Cloud EPM platforms must provide a number of different formal forecasting methods and the ability to analyse each to find the one with the best fit for a given task.
This Gartner report gives you all you need to know to plan continuously across your business.