Forecasty.AI

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Mannheim
,
Germany
https://forecasty.ai

Forecasty.AI provides high quality price forecasts to answer critical business questions better and faster. Improve margins by mitigating risks in commodity purchasing with up-to-date price information, insights into what drives prices of commodities and high performing AI-powered forecasts with up to 95%+ accuracy. Our Commodity Desk is an off-the-shelf SaaS solution, providing many price forecasts for commodities right out of the box. Yet our powerful AI engine is flexible enough to accommodate needs of big enterprises with customized predictions based on proprietary data. Forecasty.AI redefines accuracy by applying proprietary AI/ML models on alternative data combining years of commodity expertise from BASF, resulting in up to 95%+ accuracy for many commodities. Our customers can verify our claims with the built-in backtesting functionality, which allows to assess the accuracy of our models over time.

Active
Active
Active
Procurement
General Information
Status
Active
City (Headquarter)
Mannheim
Country
Germany
FTE’s
8
Employees
Founding Date
30/4/2020
Funding ($)
$
2500000
Phone
+49 (0) 176-21227362
Contact Email
peter.mueller@forecasty.ai
Founder
Founders
Status
Active
City (Headquarter)
Mannheim
Country
Germany
FTE’s
xxx
Employees
Funding ($)
$
xxxxxxx
Phone
xxxxxxxx
Founder
Founders
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Status
Active
City (Headquarter)
Mannheim
Country
Germany
FTE’s
xxx
Employees
Funding ($)
$
xxxxxxx
Phone
xxxxxxxx
Founder
Founders
For more details on this startup,
you must upgrade your account.
Techsegment
Software
Artificial Intelligence
Machine Learning
Big Data
Market Sub-Segment
Procurement
Supply Chain Visibility
Supplier Management
Sourcing
Sustainability Sub-Segment
No items found.
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Techsegment
xxxxxx
Sustainability Sub-Segment
xxxxxx
Market Sub-Segment
xxxxxx
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Techsegment
xxxxxx
Sustainability Sub-Segment
xxxxxx
Market Sub-Segment
xxxxxx
Description
Forecasty.AI provides high quality price forecasts to answer critical business questions better and faster. Improve margins by mitigating risks in commodity purchasing with up-to-date price information, insights into what drives prices of commodities and high performing AI-powered forecasts with up to 95%+ accuracy. Our Commodity Desk is an off-the-shelf SaaS solution, providing many price forecasts for commodities right out of the box. Yet our powerful AI engine is flexible enough to accommodate needs of big enterprises with customized predictions based on proprietary data. Forecasty.AI redefines accuracy by applying proprietary AI/ML models on alternative data combining years of commodity expertise from BASF, resulting in up to 95%+ accuracy for many commodities. Our customers can verify our claims with the built-in backtesting functionality, which allows to assess the accuracy of our models over time.
Company USP
– Highly accurate price forecasts with up to 95%+ accuracy – Explainable AI-models with verifiable performance – Combining advanced AI/ML techniques with human insights by integrating market sentiments
Problems Solved
The ever-increasing volatility in commodity markets puts pressure on margins in the manufacturing industry. Forecasty.AI helps procurement managers, risk managers and commodity traders with their commodity decision making process by identifying the right time to buy or sell.
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Description

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Company USP

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Description

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Company USP

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Business Model
B2B Software
Target Customers
Enterprises and midmarket companies in the manufacturing industry
Reference Customers
Operating Geographies
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Business Model
xxxxxx
Target Customers
xxxxxx
Reference Customers
xxxxxx
Operating Geographies
xxxxxx
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you must upgrade your account.
Business Model
xxxxxx
Target Customers
xxxxxx
Reference Customers
xxxxxx
Operating Geographies
xxxxxx
Attachments
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Attachments
lorem-ipsum.pdf
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Attachments
lorem-ipsum.pdf

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