**Boston**: Board has launched two innovative solutions, Board Foresight and Board Signals, aiming to improve business decision-making by integrating real-time economic indicators and predictive analytics. These tools promise to enhance forecasting accuracy and allow companies to respond proactively to market trends.
Board, an enterprise planning platform based in Boston, has unveiled two new solutions, Board Foresight and Board Signals, which aim to enhance business decision-making through the integration of real-time economic indicators and predictive analytics. These innovations follow Board’s acquisition of Prevedere, and they are expected to significantly improve how companies respond to economic fluctuations.
Board Foresight is described as a tool that advances business forecasting by utilising external data alongside expert-curated economic indicators and AI-driven predictive analytics. This service provides real-time updates from numerous external sources, enabling businesses to proactively anticipate market trends and align their strategies accordingly.
The solution boasts several features, such as a correlation engine that connects to internal time series data, allowing users to identify key performance drivers, and generative AI capabilities that deliver clear interpretations of the data.
Board Signals, on the other hand, is targeted at decision-makers within companies, offering industry-specific economic intelligence. This tool provides real-time alerts on economic conditions that could affect a business, enabling quicker responses to opportunities and risks.
David Marmer, Senior Vice President of Product at Board, highlighted the importance of these new tools, stating, “The introduction of Board Foresight and Board Signals marks a new beginning for enterprise planning. For too long, businesses have relied solely on historical internal data, missing the critical external factors that drive success or failure.” This shift to incorporate over 5 million datasets aims to equip customers with the ability to plan with increased confidence and accuracy.
Early adopters such as Whataburger have reportedly seen significant benefits from these tools. Pete Valadez, Senior Director of Financial Planning & Analysis at Whataburger, described the changes as a “game-changer,” noting improvements in forecasting accuracy and the facilitation of data-driven decision-making across his team.
Both Board Signals and Board Foresight are now available globally, marking a notable advancement in how businesses can leverage economic intelligence as part of their planning processes.
Source: Noah Wire Services
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