Emerging Technologies: How intelligent applications are using alternative data and algorithms

Gartner – Complimentary Emerging Technology Research:
Gartner has released a thought research report stating that business outcomes can be better predicted with an organization combining its internal data with external sources. Many organizations overlook the opportunity to use alternative data combined with specialized algorithms to address business problems.

The released research report by Gartner, “Emerging Technologies: How Intelligent Applications Are Using Alternative Data and Algorithms,” explains when an organization combines its internal data with external sources creates better-predicted business outcomes. If that external data is not readily available, vendors are emerging that provide both the data and the modeling algorithms needed to generate exclusive business foresight. Prevedere is one of these emerging vendors.

The research considers the impact of companies incorporating data + algorithm combinations to:
● Utilizing a variety of external data categories
● Tailoring data into models relevant to specific businesses
● Identifying and quantifying the effect of external drivers

Access the research report to learn more.

Disclaimer: Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Gartner, Emerging Technologies: How Intelligent Applications Are Using Alternative Data and Algorithms, 14 June 2022, Kevin Quinn, et. al.
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

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About Prevedere, Inc.
Prevedere is the world’s leading provider of predictive analytics technology and solutions based on econometric modeling, enabling intelligent enterprises to understand and quantify the impact of external factors as part of their strategic planning and forecasting. Our global data repository and patented AI platform enable financial executives and operational planners to identify market drivers, quantify the future impact of economic volatility, generate performance forecasts, and optimize plans based on market foresight.

Prevedere’s automated AI model monitoring provides an early warning system when unplanned market shifts and anomalies are predicted, enabling planners to future proof business performance. Many of the world’s leading consumer packaged goods, retail, logistics, and manufacturing companies leverage Prevedere to generate economic intelligence, spot market opportunities, mitigate risks, and deliver exclusive competitive advantage.

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