The performance monitoring tool
for Advanced Predictive Planning
Prevedere Protect completes the Advanced Predictive Planning lifecycle by continually monitoring the health of models and their associated leading indicators.
As business and market pressures change over time, the validity of models change with them. Many Prevedere customers update models and execute planning review cycles monthly and/or quarterly. In between those times Prevedere Protect is constantly monitoring for change, and alerting when a model or indicator shifts out of statistical expectation.
Prevedere Protect is comprised of 2 layers:
- Model Health Monitoring continually and automatically checks each model’s health score, and when it drops an alert is triggered. An alert can be caused by the underlying modeling data changing, resulting in lower prediction quality.
- Early Warning System (EWS) monitors individual or groups of leading indicators, automatically checking for unexpected statistical change. A customer who has identified the top contributing leading indicators to their business will be notified of underlying market change before anyone else.
Prevedere Protect automates the discovery of unplanned risk and opportunity based on future market shifts and anomalies, to enable proactive planning pivots. The result is more agile and smarter business.
Benefits of Prevedere Protect
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
Stages of the Predictive AI Lifecycle
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
The Prevedere Platform helps you
leverage AI to improve outcomes
Manual Econometric Modeling
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
vs manually built models