Enterprise Analytics - Forecasting

Forecasting uses Artificial Intelligence to predict future data based on the current/past trend of the selected data set. This will allow users to compare with targets and future trending direction to make data driven informed decisions.

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Forecasting is available in 3 widget types:

• Line Chart

• Area Chart

• Column Chart

Designers have the ability to view forecasting charts and Viewers can view the forecasted results and interact with the widget.

Forecasting is only available in a Time Series selection in the horizontal (X-Axis) of the chart since this is only applicable to a time series data set. In addition, there must be at least 30 consecutive data points in the chart for the algorithm to learn a pattern to make a forecast.

Designers have the ability to set confidence levels which will produce the error bands based on the set confidence level. The Forecasted values and the error bands are colored in a lighter shade.

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