Welcome to Knowledge Base!

KB at your finger tips

This is one stop global knowledge base where you can learn about all the products, solutions and support features.

Categories
All

Products-PredictHQ

Enhance Demand Forecasting and Decision-making with PredictHQ's Advanced Features

Demand Impact Patterns

PredictHQ's Demand Impact Patterns feature allows businesses to understand the leading and lagging event impacts. By identifying the days before and after an event that drive demand fluctuations, organizations can better anticipate and plan for changes in consumer behavior.

Event Categories

With PredictHQ's coverage of 19 event categories worldwide, businesses can track a diverse range of events to gain accurate demand insights. This comprehensive coverage ensures that businesses can tailor their strategies based on different event types that impact their operations.

Live TV Events

By leveraging PredictHQ's Live TV Events feature, businesses can predict demand driven by televised events, including major games at the county level. This data enables organizations to anticipate viewer trends, plan promotions, and optimize business strategies around high viewership events.

Polygons

PredictHQ's Polygons feature allows businesses to accurately identify the geographical areas impacted by events that extend beyond a single point on a map, such as hurricanes or marathons. This granular insight helps organizations understand the spatial reach of events for better planning and decision-making.

Predicted Attendance

Organizations can access reliable attendance estimates with PredictHQ's Predicted Attendance feature. Unlike traditional estimates based on venue capacity, PredictHQ provides accurate predictions of the number of people expected to attend events like concerts, festivals, and sports games, enabling businesses to plan effectively.

Predicted Events

Predicted Events feature by PredictHQ enables businesses to forecast events that are yet to be scheduled or announced. Leveraging historical data and advanced algorithms, PredictHQ provides insights into probable future events, empowering organizations to plan ahead and stay ahead of the competition.

Predicted Event Spend

With PredictHQ's Predicted Event Spend feature, businesses can estimate the economic impact of major events, including hospitality, accommodation, and transportation spend. This data helps organizations understand the financial opportunities associated with events and optimize their strategies for maximum impact.

Rankings

PredictHQ's event ranking system assigns a numerical value on a logarithmic scale to every event, allowing businesses to scale up their forecasting efforts. By ranking events based on their impact, organizations can prioritize resources and strategies for events that are most likely to drive significant outcomes.

Suggested Radius

The Suggested Radius feature within PredictHQ's platform offers businesses recommendations on search radius specific to their industry and locations. This tailored approach helps organizations identify impactful events relevant to their business, enabling them to make informed decisions and optimize their operations.

Enhancing Quick Service Restaurants with PredictHQ Demand Intelligence

Introduction to Demand Intelligence for Quick Service Restaurants

Quick Service Restaurants (QSRs) face challenges in accurately forecasting demand due to various factors such as external events, changing consumer behavior, and volatile market conditions. Traditional forecasting models often rely solely on internal data, leading to missed opportunities and inefficiencies. PredictHQ offers a solution by providing external intelligence to strengthen demand forecasting models for QSRs.

Read article

Maximize Profitability with PredictHQ's Event Spend Calculator

Understanding the Impact of Events on Business

PredictHQ's Event Spend Calculator offers businesses a powerful tool to assess the potential impact of events on their demand and revenue. By utilizing enriched event data, businesses can gain insights into how events in their vicinity can drive or reduce consumer spending. The calculator allows users to select any location globally and filter events by industry, enabling them to quickly calculate the projected spend generated by nearby events. This predictive tool can be invaluable for businesses looking to optimize their operations and maximize profitability.

Read article

Unlocking Business Potential: PredictHQ's Demand Forecasting Solution

Empowering Data-Driven Decisions

PredictHQ's demand forecasting solution empowers businesses to make data-driven decisions by leveraging trustworthy and reliable models. Through their AI-powered platform, businesses can unlock new revenue opportunities and drive operational efficiency daily. With a minimum 10% improvement in forecast accuracy within 30 days, PredictHQ's solution is a game-changer for businesses.

Read article

PredictHQ's Polygons: Accurately Identifying Geographic Areas Impacted by Events

Why Use Polygons

PredictHQ's Polygons feature allows users to accurately identify the geographic area impacted by events that do not happen at a specific location. While point event locations are represented by latitude and longitude coordinates, events such as hurricanes, tornados, and severe weather affect broader areas like regions or entire countries. With Polygons, users can visualize the full area impacted by an event as a shape, providing a more precise understanding of the event's impact.

Read article

Exploring Demand Intelligence with PredictHQ Resources

2024 Labor Optimization Report

Download PredictHQ's 2024 Labor Optimization Report to understand how leading companies across various industries leverage Predictive Demand Intelligence to optimize workforce scheduling based on anticipated demand. By reducing labor costs and enhancing operational efficiency, these organizations have excelled in adapting to market changes and increasing productivity.

Read article