A new research paper shows the approach performs significantly better than the random-walk forecasting method.

The intersection of artificial intelligence (AI) and weather forecasting has taken a monumental step forward. Recent advances reveal that AI models are now on par with leading traditional methods in ...

Supply chain forecasting is becoming an increasingly critical component of operational success. Accurate forecasting enables companies to optimize inventory levels, reduce waste, enhance customer ...

Scientists have created a novel probabilistic model for 5-minutes ahead PV power forecasting. The method combines a convolutional neural network with bidirectional long short-term memory, attention ...

Chase is the CEO of ProAI, an AI-powered platform providing customized tools and advisory to help businesses start, fund and scale. In an increasingly volatile business landscape, data-driven ...

Global demand for fossil fuels is expected to peak by the end of this decade as we transition to cleaner sources of energy. One source we already heavily rely on is hydropower, but, as weather becomes ...

Sales forecasting—estimating the future sales of products or services based on historical data, market trends and other relevant factors—is important for any organization. According to Aberdeen, 97% ...

Excel forecasting is a crucial skill for analysts aiming to boost productivity, cut costs, and enhance customer satisfaction. By harnessing Excel’s powerful forecasting tools, you can generate precise ...