ERIN Predict

Stage 2 of the Predictive AI Lifecycle

ERIN Predict - Machine Learning Econometric Modeling

ERIN Predict is a predictive modeling engine that takes the leading external indicators identified by ERIN Discover, and builds a multitude of predictive models.  By leveraging cause and effect econometric forecasting methods, driven by machine learning and AI algorithms, thousands of predictive models are created based on permutations of the external indicators.  The outcome for an organization is a series of forecasts (raw, CAGR, year on year) that enable market-validated forecasting and planning.

ERIN Predict Overview

ERIN Predict creates, simulates, and refines models at scale and speed, ranking by predictive accuracy, aka score.  Typically the highest-ranking model will be selected, which then provides market validated forecasts for the short, medium and long term, from 1 month to 5 years.  By blending predictions and/or creating consensus forecasts, customers increase their accuracy by 5-15%, which can result in millions of dollars of inefficiencies. 

ERIN Discover

Correlation engine able to identify specific drivers and lead/lag indicators related to either a corporate business or market segment

Go To Discover

ERIN Predict

Econometrics-based machine learning engine designed to create, score, test & refine predictive models, and generate forecasts

Go To Predict

ERIN Scenario

Vary planning assumptions and project future business outcomes for 3 plausible macroeconomic scenarios: pessimistic, baseline and optimistic

Go to Scenario

ERIN Protect

Automated monitoring of forecast models predictive health, providing an early warning system with alerts when prediction changes

Go To Protect

Rationale for Leveraging Prevedere's Predictive AI Engine

Based on econometric methods, with custom extensions

Thousands of models automatically created and simlulated

Millions of statistical tests to refine and rank models

Broad range of forecasting KPIs generated

Prevedere Enables the Intelligent Enterprise

Intelligent Discovery

ERIN 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

ERIN 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

ERIN Protect is an automated AI capability that monitors future external market conditions for unplanned changes, and alerts business owners of unexpected future conditions.

Prevedere - AI Modeling Engine - econometric models

Augment Existing Planning Systems with ERIN's Predictive AI

Validate your planning and strategy by combining internal forecasts with market-based predictive intelligence.
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The ERIN Platform helps you leverage AI to improve outcomes.

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New and improved AI modeling engine graphic.

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