Introduction
Make better decisions driven by automated forecast modeling. Merging predictive analytics with traditional data can make you stand out from the competitors. Foresee trends, focus on the data that actually matters and provide the CFO and CEO with the ability to forecast the company’s overall direction. Plan ahead and help the business move forward.
How to create a prediction line chart
In the Configurator application on the server, in the settings section the "Forecast Service: Enabled" setting needs to be set to True. Then it is possible to use either the Multiple Bar and Line standard template or use the Bar & line chart control in a free format report.
For the list used to create the lines choose for the Item Type "Prediction"
In the 'Pop -Up' that opens after selecting Prediction from the drop down. It is important to set the year where to start the prediction calculation from and also to set an interval.
Press 'Save' to create the Prediciton line chart.
For the time series it is necessary to use a list with periods and/ or years beyond the actual year/ period. Until current period will it shows actual/budget/ forecast (depending on what is selected) for the future periods/years a prediction with an confindence interval will be calculated.