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Oct 2009

Coming Soon: Bass Diffusion Models and Uptake Curves
Enhanced Forecaster will soon include Bass Diffusion models and Uptake Curves. Bass Model’s allow users to quickly and easily estimate the shape of the uptake curve for a new technology. Enhanced Forecasting will include variations of the Bass Model such as the Generalized Bass Model that incorporates the effect of marketing-mix variables.

Software Science Exhibit at the Pharma Forecasting Excellence USA 09 conference

Pharma Forecasting Excellence USA 09

Just Arrived: Global hybrid forecasting
Enhanced Forecaster has expanded hybrid forecasting to maximise and standardise the use of hybrid models for your forecasts. Privileged users can develop global hybrid models that less experienced users can utilise with confidence.

Just Arrived: Multiple Time-Series Scenario Modelling
Enhanced Forecasters scenario modelling suite allows quantitative (statistical) forecasts to be combined with qualitative (judgmental) forecasts. Modelling common scenarios such as generic substitution just got easier! Users can now model the patent expiration product and the generic substitution product in one scenario.

Sep 2009

New Features in enhancedforecaster:

Just Arrived: Hybrid Forecasting
enhancedforecaster is developing a hybrid forecasting method that combines forecasts from different models to provide an overall forecast with improved accuracy. This is designed to alleviate the difficulties often associated with selecting the most appropriate forecasting model for an individual time-series.

Aug 2009

New Features in enhancedforecaster:

Just Arrived: Adjustable Forecast Range
enhancedforecaster now provides an adjustable forecasting range with each forecast. The user can specify what % of tolerance should be represented for each individual forecast. Tolerance indicators can be utilized by the users as a range forecast which enables greater confidence than an individual forecast value.

Coming Soon: Hybrid Forecasting
enhancedforecaster is developing a hybrid forecasting method that combines forecasts from different models to provide an overall forecast with improved accuracy. This is designed to alleviate the difficulties often associated with selecting the most appropriate forecasting model for an individual time-series.

June 2009

More new features.....

Software Science’s Enhanced Pharma forecaster combines Artificial Intelligence and traditional analytic methods to provide a comprehensive RX forecasting tool that is more robust and sophisticated than individual forecasting techniques.

Listed below are the new features:

LONG TERM AI FORECASTING TECHNIQUES
Enhanced forecaster utilizes artificial intelligence for long term forecasting to accompany the high quality short and medium term forecast already featured!

AI FORECASTING TECHNIQUES WITH EXPONENTIAL SMOOTHING
The addition of traditional forecasting techniques provides a more complete and diverse selection of forecasting options. This facilitates a wide range of alternate analysis to enable you to draw a more informed overview of the future for your data.

MONTE CARLO SIMULATION
Enhanced forecaster gets added risk analysis techniques!

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