ERIN Protect

Final Stage of the Predictive Lifecycle

ERIN Protect- Early Warning System for Prediction Shifts

ERIN Protect is a unique and critical innovation in predictive AI, that fully automates model health monitoring, alerting business owners of unplanned change in future outcomes.  ERIN Protect provides both leadership and demand planners with early warnings about market shifts, long before competitors, providing timely alerts of new risk and opportunity.

 

ERIN Protect Overview

ERIN Protect incorporates the latest advanced analytics related to predictive model health, scoring and monitoring – it leverages control chart algorithms and statistical process monitoring to create what is essentially an ‘EKG’ for predictive model health. Protect alerts business owners when future predictions shift out of limits, enabling timely refinement of business plans and strategies
 

Rationale for Leveraging a Prediction Monitoring System

Continual model health checking is critical for predictive AI

Health checks occur periodically and whenever underlying data changes

Alerts are triggered when health drops 5% (yellow) and 15% (red)

Comprehensive individual model analytics show root causes

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

ERIN Protect – Monitor for Changes in Performance Prediction

Add automated protection to planning activities – monitor external factors and alert the business when unplanned market changes and shifts occurs.  2 examples of yellow alerts and 2 red alerts above.  Both merit attention to why prediction has changed – whether due to internal or external contributing data changes. Click for a larger version.

 

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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