Board capability: Predictive and advanced analytics.
Make better decisions and constantly plan for what comes next.
Board integrates advanced analytical and predictive capabilities into your company's processes, enabling rapid adaptation to today’s fast-paced business environment. Unlike traditional data-mining and analytics products that require extensive expert intervention, Board empowers business users to lead the charge, making sophisticated analytics accessible and actionable.
Turn your history into business prediction.
Board BEAM harnesses automated predictive modeling to generate highly accurate forecasts quickly and efficiently. By evaluating the characteristics of each time series, BEAM produces suitable models and executes forecasts much faster than traditional solutions. This foresight can be enhanced by incorporating external variables (covariates) to refine predictions.
Run instantaneous cluster and segmentation analysis.
Board BEAM enables automatic clustering of similar objects using the k-means methodology. Business users can specify the number of groups and the observation sets (e.g., profitability and turnover), and Board instantly creates k-means clusters available as dimensions for further analysis. This integration allows immediate creation of reports, graphs, and self-service analyses based on clusters, which can also be used as forecasting or planning units.
Harness the power of Board's statistical functions.
Board BEAM offers a comprehensive set of out-of-the-box statistical functions, including traditional metrics like min/max, average, and standard deviation, as well as business-specific algorithms for frequency, recency, dormancy, and nascency. Seamlessly integrated into the Board platform, these functions enable users to build robust analyses, dashboards, and reports instantly.
Find out more about Board BEAM.
Discover how Board BEAM integrates advanced and predictive analytics with planning, facilitating smarter decision-making and performance control.