Release Notes: The New Insights Feature - Analyze Forecast Data at a Glance

We are excited to introduce an exciting new feature: "Insights" – a set of widgets that allow you to analyze your forecast and actual data at a glance. These widgets are designed to seamlessly integrate into your existing planning and analysis processes, helping you make data-driven decisions even more easily and efficiently.

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Next stop? Decision Intelligence Platform 🚀

Our goal is to provide more granular details and actionable insights that help our customers take the right actions directly within our products. We aim to reduce the manual effort required to turn forecasts into ROI, competitiveness, or optimized production planning.

The insights widgets are the first building block on this journey. The topic of insights is part of a larger vision to offer a comprehensive Decision Intelligence solution. In the future, this solution will not only provide insights but also integrate additional components that will enable our customers to seamlessly incorporate data-driven decisions into their operational and strategic processes.

In light of global uncertainties and increasing complexity in business, many companies recognize the value of Decision Intelligence. Forecasts suggest that over the next few years, more than 33% of large organizations will integrate Decision Intelligence into their strategic and operational workflows. With the insights widgets, we aim to ensure that our customers benefit from this development and make informed decisions based on their data.

What are the new insights widgets? 🤔

Our long-term goal is to create a modular framework that is continuously expanded—with new, generic insights as well as industry-specific or customer-tailored modules that deliver even deeper and more valuable insights. The insights widgets are a collection of powerful analysis tools designed to support your forecasting process. They not only provide comprehensive insights into your data but also help you identify trends, deviations, and assess the accuracy of previous forecasts.

What problems do the widgets solve? 🛠️

Planning processes are complex, and often it is very time-consuming to gain a clear overview of key data. With the new widgets, you receive updated overviews and deeper analysis options directly in the tool with every forecast at a glance. This reduces manual exports and generates live data, helping you to act faster and more accurately. These widgets make our tool an indispensable part of your company's DNA.

Who benefits from the widgets? 👥

The widgets are ideal for planning and analytics teams that need to monitor and optimize their forecasts and actual data. Companies, in particular, that want to compare historical and future data or identify trends and deviations will benefit from these widgets.

Do you see further opportunities where we can support your planning process through extensions or additional widgets? We are able to implement your feedback quickly. Don’t hesitate to reach out to us!‍

How do the widgets work? ⚙️

We have developed six different widgets, each offering specific insights:

  • Portfolio Total and Multi Portfolio Total Widgets: These widgets provide an aggregated overview of actuals and forecasts for a calendar year and allow comparison across multiple years.
  • Trend Analysis and Year Comparison Widgets: Compare data across several years and identify trends and deviations, either in absolute values or percentages.
  • Error Measurement Widgets (Accuracy Widgets): These widgets help you assess the accuracy of your forecasts by analyzing the deviations between forecast and actual data.
  • Single Forecast Widgets: This widget enables you to compare forecast data of individual groupings with actual data to identify seasonal patterns and deviations.

What advantages do the widgets offer? 🚀

With the new widgets, you have the ability to conduct detailed analyses that not only help you improve your forecasts but also reveal savings potential and make your planning processes more efficient. You have full control over your data and can filter and adjust it according to your specific requirements.

What makes the widgets unique? 🌟

The insights widgets are not just analysis tools; they are deeply integrated into your planning processes. They provide actionable insights that can be used immediately without further processing. Unlike many competitors, we don't just deliver raw data, but enable you to make data-driven decisions instantly.

What results can you expect? 🎯

By using the widgets, you will be able to increase the business impact of our forecasts and make your planning processes more efficient. The widgets help you identify deviations more quickly and take action to achieve your goals.

How can you use the widgets? 📈

Once you have access to the widgets, we will provide you with a comprehensive introduction and training to ensure you get the full benefit from these tools. Our support team is here to help ensure that the widgets are optimally integrated into your workflows.

What are the next steps? ➡️

The insights widgets are now available and can be used by our customers. If you would like to learn more about the implementation or need assistance with usage, our support team is always available to help.

How can you provide feedback? 💬

We greatly value your feedback! Share your experiences and suggestions for improvement with us—your feedback will be actively used to further improve the widgets. Together with you, we are constantly working to tailor our tool even better to your needs.

The introduction of the insights widgets marks another important step in the development of our tool. We are confident that these new features will help you optimize your planning processes and make data-driven decisions even faster. Try out the new widgets and let us know how they help you!

We look forward to your feedback and are excited to see how the insights widgets will change your way of working.
Your pacemaker-team

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