Track: Emerging Analytics
Why Should You Defer Tuning Forecasting Models
While many significant achievements have been made to augment forecasting methods, in practice, some advanced analytics implementations do not bring the expected value to organizations. This is mostly due to a hyperfocus on forecast accuracy and a reduced attention on the prescriptive/actionable results required for success.
In this talk, the presenter will challenge the archetypal focus and large efforts on tuning predictive models for forecast accuracy while highlighting the benefit of quick business value delivery.