Big Data

Company Efficiently Delivers Advanced Forecasts With Scalable Software-Plus-Services

Download Now Date Added: Nov 2009
Format: WORD

Lokad is a software development company that delivers sales, demand, and call volume forecasts for more than 300 customers - from one-person eCommerce companies to multinational retailers. To improve its forecasting capabilities, the company developed advanced forecasting tools and models. However, the more powerful forecasting models required significantly more computing resources than the company had available. Lokad decided to implement its software-plus-services forecasting application on the Windows Azure platform - a quick, efficient process. As a result, Lokad reduced IT maintenance costs compared to traditional approaches, delivered more powerful and accurate forecasts to its customers, and improved its ability to expand into new markets.