Prevedere Scenario
The simulation tool for
Advanced Predictive Planning
Prevedere Scenario
Prevedere Scenario creates forecasts from economic ‘what-if’ simulations and Prevedere Predict models. It applies planning guard rails by adding optimistic and pessimistic predictions to baseline forecasts.
Companies are now integrating economic scenario planning into their processes more than ever. Scenario planning is about identifying a specific set of uncertainties, and developing different “realities” of what might happen in the future
Benefits of Prevedere Scenario Planning
Identify external drivers, develop a range of plausible outcomes
Leverage timely insights in strategic, financial and operational plans
Improve planning accuracy and agility amid unprecedented uncertainty
Enable What-If planning activity based on predictive AI analytics
Stages of the Predictive AI Lifecycle
Discover
Correlation engine able to identify specific drivers and lead/lag indicators related to either a corporate business or market segment
Predict
Econometrics-based machine learning engine designed to create, score, test & refine predictive models, and generate forecasts
Scenario
Vary planning assumptions and project future business outcomes for 3 plausible macroeconomic scenarios: pessimistic, baseline and optimistic
Protect
Automated monitoring of forecast models predictive health, providing an early warning system with alerts when prediction changes
Prevedere enables the intelligent enterprise
Intelligent Discovery
Prevedere Discover correlates millions of economic, industry and behavioral signals to identify the most impactful and predictive indicators for your organization and lines of business
Intelligent Forecasting
Prevedere Predict enables the creation, testing and refining of economic based prediction models, forecasts and scenarios for use by CFOs, FP&A and operational planners.
Intelligent Monitoring
Prevedere Protect is an automated AI capability that monitors future external market conditions for unplanned changes, and alerts business owners of unexpected future conditions.
Transforms the old way to create
cause + effect models
Old way
Manual Econometric Modeling
Time consuming
Fewer inputs
Limited number of models and tests
Laborious to update
New and improved way
AI Powered Econometric Model
Millions of models built
Scored and ranked in minutes
Leveraging fitness functions to create the best model
40% improvement
vs manually built models