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Forecasting Forecasting

Forecsys is a Russian vendor of BI solutions. The company creates software and offers consulting services in the following areas: data analysis, forecasting, modelling and improving business processes. The company was founded in 2000 on the basis of the teachings of the academic Yu. I. Zhuravlev, PhD.

Forecsys’s products are aimed at banks, telecommunications, retail trading networks, distributors and manufacturers. The company carries out a whole range of services relating to the design, development, integration and maintenance of corporate programming solutions. Products on offer include the credit scoring system Credit4Cast, designed to show the reliability of a borrower, the Sell4Cast system, designed to increase profits and client loyalty, Cash4Cast — a system for improving cash management, Goods4Cast, a solution for forecasting demand, sales planning, and reserve management, and Energy4Cast, a system for forecasting prices and volumes on the energy markets.

Company details...
German Epstein, vice-President for IT at Baltika, JSC, has written a glowing report on Forecsys’s work during a project to automatize second sale forecasts.
An official partner of the contest (OTP Bank) donated a monetary prize of 100,000 roubles alongside data for the competitive tasks which aimed at predicting company responses.
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Розничная торговля Телекоммуникационные компании Банки с крупной сетью банкоматов Энергетические компании Банки, развивающие розничное кредитование
Компания «Балтика», 2011 год
ПК «Балтика»
In 2011, Forecsys carried out a project to make the forecasting of repeat sales at Baltika an automated process. The project was separated into two parts; during the first stage a pilot was carried out, the results of which showed a dramatic increase in accuracy when Forecsys algorithms were used. During the second stage, the Goods4Cast system was implanted in order to forecast repeat sales. Our clients for this project were the sales department and the department of logistics.
Система прогнозирования спроса Goods4Cast — лучший ИТ-проект CNews AWARDS 2008