Forecasts rely on historical data and other variables to predict future events or trends. Accurate forecasts can save us from making costly mistakes, which is why forecasting is important both in life, and in business.
Forecasting helps you to make decisions easier and with confidence.
A weather forecast can help you decide if you need to take an umbrella to work, while a sales forecast can help you decide how much to spend on advertising in Q2. No matter what you’re deciding, a forecast helps you plan based on what’s most likely to happen.In this article we’ll explore running a predictive forecasting on a time series chart. This type of forecasting is available to everyone using SAP Analytics Cloud. However, if you have planning enabled…
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