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Forecasting.io

by Durandal GmbH · Since 2022
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ActiveAvailable globallyCloud
Quick facts
VendorDurandal GmbH
Year launched2022
StatusActive
LocationBasel, Switzerland
Countries servedGlobal
Languages13
Integrations1+
Free tierN/A
Free trialN/A
Contact salesN/A

About Forecasting.io

Forecasting.io is a forecasting software from Durandal GmbH designed for accurate demand prediction. It combines advanced analytics, customizable reporting, and collaborative tools so teams can make informed decisions based on data-driven insights. The software supports various industries by allowing users to input historical data and use machine learning algorithms for improved forecasting accuracy. Key capabilities: predictive modeling data visualization scenario analysis integration with existing systems user access controls Best for: businesses and organizations that need reliable demand predictions to improve inventory and resource allocation.

Forecasting.io, developed by [Forecasting.io](http://Forecasting.io), is a cloud-native demand planning solution designed to simplify and enhance the accuracy of demand forecasting by leveraging advanced Machine Learning (ML) algorithms. Its primary goal is to enable businesses to reduce supply chain inventory while boosting sales through data-driven forecasting. One of its standout strengths is that it requires no data science expertise from users, as the platform intelligently recommends the best forecasting model for each item. This feature alone makes it highly appealing to small and medium-sized businesses that want to harness the power of ML without the high costs or complexities typically associated with such technology. By automating model selection and forecast generation, the platform allows users to focus on strategic decision-making rather than the technical intricacies of demand planning. The ability to get started instantly through its web interface, without any implementation required, makes it especially attractive to companies seeking a quick, scalable, and cost-effective solution. The user experience in [Forecasting.io](http://Forecasting.io) is tailored for simplicity and accessibility, with a clean and intuitive interface that enables rapid onboarding.

Pros & Cons

Pros
  • Instant Access: No implementation required—just sign up and start forecasting.
  • AI-Powered Forecasting: Uses machine learning to generate accurate predictions and auto-selects the best model per item.
  • User-Friendly Design: Focused on ease-of-use with powerful features and analytics.
  • Web-Based: Fully cloud-native, meaning accessibility from anywhere.
  • No Data Science Needed: Great for teams without technical expertise.
Cons
  • Limited Detail Upfront: Info is mostly surface-level—may require a demo to fully explore capabilities.
  • Small Footprint: Less info about company scale or customer success stories.

Features

Key features

Cloud-Native & Ready in Seconds

It's a web-based solution that requires no implementation, allowing users to start immediately upon account creation.

Machine Learning (ML) Powered Forecasting

Generates accurate forecasts leveraging ML models without requiring data science expertise from the user.

Automated Model Recommendation

The tool intelligently recommends and automatically selects the best ML model for each individual item being forecasted.

Intuitive Design & Analytics

Offers an easy-to-use interface packed with features and analytics, enabling effective forecast review and focus on valuable insights.

Reduces Inventory & Increases Sales

Directly aims to optimize supply chain inventory levels and boost sales through improved forecast accuracy.

Additional features

Accurate Demand Forecasts

The primary purpose is to generate highly precise predictions of future demand.

Reduce Supply Chain Inventory

Helps businesses minimize excess stock in their supply chain.

Increase Sales

Contributes to higher sales by ensuring products are available when needed.

Cloud-Native Software

Operates entirely in the cloud, accessible via the web.

No Implementation Needed

Users can start using the software immediately after signing up.

Ready for Use on the Web

Accessible from any web browser without local installation.

Machine Learning (ML) Forecasting

Utilizes advanced ML algorithms to create forecasts.

No Data Science Skills Required

Users don't need to be experts in data science to use the ML capabilities.

Model Recommendation

Automatically suggests the most suitable forecasting model for each item.

Intuitive Design

Features a user interface that is easy to understand and navigate.

Packed with Features and Analytics

Provides a rich set of tools and data analysis capabilities for reviewing forecasts.

Easy to Use

Designed for simplicity, allowing users to focus on business value.

File Uploads and Downloads

Supports data exchange using CSV or Excel files.

Multi-level Hierarchy Management

Manages up to 2000 items with multiple aggregation levels.

Forecast Adjustments

Allows users to enrich forecasts with external intelligence.

ABC/XYZ Segmentation

Helps users focus efforts on critical forecasts by segmenting items by volume and volatility.

On-demand Metrics

Provides up to 22 different metrics for demand review and S&OP discussions.

External Forecasts

Enables uploading and comparison of external forecasts, such as previous forecasts or budgets.

Multiple Demand Plans

Allows storing and accessing several independent demand plans.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
13
Interface languages
10
Billing currencies

Interface languages

EnglishSpanishFrenchGermanItalianDutchPortugueseChineseJapaneseKoreanRussianArabicTurkish

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇨🇦CAD🇦🇺AUD🇯🇵JPY🇨🇭CHF🇨🇳CNY🇷🇺RUB🇮🇳INR

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