Forecasting Impact
Forecasting Impact is a monthly podcast that aims to disseminate the science and practice of forecasting alongside prominent academics and practitioners in the field. Our vision is to grow the forecasting community, foster collaboration between academia and industry, and promote scientific forecasting and good practice. We’ll discuss a variety of topics in economics, supply chain, energy, AI, data analytics, healthcare, and more.
Podcast Team: Dr. Mahdi Abolghasemi, Dr. Sevvandi Kandanaarachchi, Michał Chojnowski, Dr Laila Akhlaghi, George Boretos, Mariana Menchero, Dr. Faranak Golestaneh, Arian Sultan Khan.
Future guests: if you have something interesting on forecasting to share with our audiences, please send an email to forecastingimpact@gmail.com
Forecasting Impact
Forecasting Software Panel
In this episode, we had the honour of having three guests on our panel: Prof Rob Hyndman, Professor of Statistics from Monash University, Federico Garaz, CTO and co-founder of Nixtla, and Eric Stellwagen, CEO and Co-founder of Business Forecast Systems.
We discussed a range of topics on the role of software in forecasting, the latest status, and future trends in forecasting software. The panel shed light on the importance of incorporating operational information in software and integrating decision information in the software. We discussed some of the challenges in implementing forecasting software and getting them to work.
The panel shared insights and tips for excelling in forecasting software. Eric recommended defining what you want to accomplish, and the needs that you want to fill before choosing any software. Fede recommended Nixtla as a resource on various forecasting software and Forecasting Principles and Practices by Rob Hyndman and George Athanasopoulos as a reference book. Rob recommended books by Hadley Wickham as great resources.