Forecast Pro

Forecast Pro is an off-the-shelf forecasting package made by Business Forecast Systems, Inc. It gives business forecasters a way to produce statistical forecasts without building their own models.

What Forecast Pro does

• Automatic method selection: a built-in selection routine chooses between statistical and machine learning techniques.
• Forecast management: lets users create, monitor and improve forecasts over time.
• SDK: a software development kit for embedding statistical forecasts in other applications.
• Training: the vendor also runs forecasting education and workshops.

Customers and markets

Forecasters in many industries. The vendor says it can be running within days or even hours.

Key facts

• Based in: Belmont, Massachusetts
• Founded: 1986
• Deployment: on-premise
• Users: more than 40,000 worldwide, per the vendor
• Leadership: co-founded by Robert Goodrich and Eric Stellwagen, who is CEO