Model-Ready External Data at Your Fingertips
ERIN Indicators - Global Data Repository
ERIN Indicators is a big data repository of millions of ‘model ready’ macroeconomic, industry, behavioral, supply chain, government and other external business indicators. Prevedere has collated, indexed and prepared time series data from thousands of public and private data sources, providing a fast start for those organizations looking to include external data into their planning process.
ERIN Indicators make it fast and easy to find and use data from outside an organization’s own four walls, and is the foundation for Prevedere’s predictive AI modeling solutions.
ERIN Indicators Overview
The ERIN Predictive AI platform has a foundation in the form of a data repository loaded with model ready economic and industry external sources. If organizations are looking to market-validate plans and forecasts with economic based predictive models they need access to a wealth of external data – this is it. The graphic above shows the ERIN product suite layers on the left, and an overview of the Indicators data repository on the right. Click for a larger version.
Rationale for Leveraging a Global Data Repository
Time investment to research/connect to thousands of data sources
Time investment to prepare sources to be model ready
Broad coverage of macroeconomic and industry signals
Easy starting point for the predictve AI modeling lifecycle
Stages of the Predictive AI Lifecycle
ERIN AI Technology Enables the Entire Lifecycle to Deliver Economic Based Prediction
Correlation engine able to identify specific drivers and lead/lag indicators related to either a corporate business or market segment
Econometrics-based machine learning engine designed to create, score, test & refine predictive models, and generate forecasts
Vary planning assumptions and project future business outcomes for 3 plausible macroeconomic scenarios: pessimistic, baseline and optimistic
Automated monitoring of forecast models predictive health, providing an early warning system with alerts when prediction changes
ERIN Indicators Datasheet
Click here for the datasheet