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Forecasting: Don’t Be Held Back from Maximising Business Growth

Over the years, we’ve identified a number of factors that have delayed our customers’ adoption of effective forecasting. However, there’s no excuse to let those reasons hold you back any longer, thanks to the flexibility of Amadeus’ forecasting solution. We’ve discussed some of the most common challenges below – helping you to make them a thing of the past!

Remember, in terms of your business profitability, there’s only one way you’ll be going with the implementation of accurate forecasting and data science modelling…

Forecasting Retail Amadeus Software DSaaS W2

What can forecasting really do for my retail business?

We don’t have the people power needed to support a data science team.

By outsourcing all your data science needs to Amadeus, there won’t be any addition to your team’s existing workload unless you choose it. All we need to get you started is your business data. Once it’s set up, you can decide if you’d like our experts to continue generating the insights, or whether you’d prefer to bring it in-house.

We don’t have access to the necessary skills and experience.

This isn’t a problem – this is an example of where we’d suggest Amadeus takes on all forecasting needs for your business. That way, there’s no call for you to have the skills in-house. Our experts are highly-trained in all areas of data science, ensuring we can access maximum value from your data.

We don’t have the software/ hardware needed to support the environment.

Don’t worry, our Data Science as a Service (DSaaS) offering is cloud-based. This means no large capital outlays for your business, nor the need for a developed internal infrastructure to install and maintain the equipment.

Infographic: Amadeus, the one-stop shop for data forecasting

We just don’t know where to start.

Our experts have years of experience so are ideally placed to recommend best actions for your business. Our input can be as little or as much as you like, ranging from generating the insights and sharing them with your team to creating the model and leaving it to your data scientists to generate the results. To get you started, all we need is access to your data.

We’re not convinced by the potential of data science for our organisation.

Within today’s marketplace, there’s no denying how crucial these insights are to ensuring your business continues on its growth path and remains competitive. Without this analytical edge, you will struggle to realise your agenda for growth.

We’re a growing business, there are too many other things we need to be dealing with.

We totally understand that as a young business dealing with fast-growth, adding more to dos into the mix can just be one step too far. That’s why we offer a service that takes all the pressure off your teams, leaving them free to focus on other business-critical tasks.

This sounds great but it’ll be too expensive for our business.

Not at all. The beauty of this service is that you can tailor your solution so that it focuses only on those areas where you need support, making it a cost-effective way to realise your goals.

Now, armed with all the information above, you realise there’s no excuse not to be implementing forecasting within your organisation. Get in touch today to take your business to the next level!

I need forecasting to strengthen my business – let’s talk