{"id":14360,"date":"2020-01-06T23:58:49","date_gmt":"2020-01-06T23:58:49","guid":{"rendered":"https:\/\/oxfordcorp.com\/?p=14360"},"modified":"2023-10-13T15:34:30","modified_gmt":"2023-10-13T15:34:30","slug":"time-saving-financial-forecasting-as-a-service","status":"publish","type":"post","link":"https:\/\/www.oxfordcorp.com\/es\/insights\/case-study\/time-saving-financial-forecasting-as-a-service\/","title":{"rendered":"Time-Saving Financial Forecasting as a Service"},"content":{"rendered":"

Discover how Oxford’s solution created a streamlined forecasting process for our client.\u00a0<\/em><\/p>\n

INDUSTRY<\/strong>
\nGovernment<\/p>\n

SERVICES<\/strong>
\nNatural Language Processing
\nData Engineering
\nCloud Engineering
\nDevOps<\/p>\n

SKILLS<\/strong>
\nData Scientist
\nCloud Engineer
\nData Engineer
\nAutomation Engineer<\/p>\n

The Challenge<\/strong>
\nA Fortune 500 computer technology firm was struggling with their time consuming process of running financial forecasts of unit shipments. The forecasting process consisted of delivering extremely large statistical models to a large group of resources to manually adjust and tweak, and the model was then custom tailored to one specific data set. On average, the process required two team members more than one day to run the statistical models and a total of seven weeks to complete the entire process. Additionally, the customer was incapable of executing true forecasting across multiple lines of business since the processing engine was not extensible beyond one data set. We were engaged to implement a replacement for our client\u2019s ineffective and outdated processes.<\/p>\n

The Solution<\/strong>
\nOur data scientist worked closely with the client to implement a solution that replaced the client\u2019s time consuming and inefficient method with a processing engine that provided speed and extensibility to other data sets not previously forecastable. The new processing engine can go directly from producing the models, to the data review and clean up all in the same day. In conjunction with the technology, our data scientist worked closely with the client to overhaul the forecasting process, providing a full circle solution.<\/p>\n

The Result<\/strong>
\nOur solution and process decreased forecasting time by 90%. The unique extensibility of the process engine provides forecasts not previously accessible, and business managers are now armed with data that allows them to make decisions that are more informed. Additionally, the solution and process has enabled collaboration among lines of business that were previously separated for each other.<\/p>\n","protected":false},"excerpt":{"rendered":"

Discover how Oxford’s solution created a streamlined forecasting process for our client.\u00a0 INDUSTRY Government SERVICES Natural Language Processing Data Engineering […]<\/p>\n","protected":false},"author":10,"featured_media":15035,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[181],"tags":[251],"category-tag":[],"class_list":["post-14360","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-case-study","tag-technology-communications"],"yoast_head":"\nTime-Saving Financial Forecasting as a Service - Oxford Global Resources<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.oxfordcorp.com\/insights\/case-study\/time-saving-financial-forecasting-as-a-service\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Time-Saving Financial Forecasting as a Service\" \/>\n<meta property=\"og:description\" content=\"Discover how Oxford’s solution created a streamlined forecasting process for our client.\u00a0 INDUSTRY Government SERVICES Natural Language Processing Data Engineering […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.oxfordcorp.com\/fr\/insights\/case-study\/time-saving-financial-forecasting-as-a-service\/\" \/>\n<meta property=\"og:site_name\" content=\"Oxford Global Resources\" \/>\n<meta property=\"article:published_time\" content=\"2020-01-06T23:58:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-13T15:34:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.oxfordcorp.com\/wp-content\/uploads\/2020\/01\/time_saving_financial_forecasting_as_a_service_resized.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"516\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Luke Summers\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Escrito por\" \/>\n\t<meta name=\"twitter:data1\" content=\"Luke Summers\" \/>\n\t<meta name=\"twitter:label2\" content=\"Tiempo de lectura\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutos\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.oxfordcorp.com\/fr\/insights\/case-study\/time-saving-financial-forecasting-as-a-service\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.oxfordcorp.com\/fr\/insights\/case-study\/time-saving-financial-forecasting-as-a-service\/\"},\"author\":{\"name\":\"Luke Summers\",\"@id\":\"https:\/\/www.oxfordcorp.com\/de\/#\/schema\/person\/e880f6edc6bcf421204f294431943cd3\"},\"headline\":\"Time-Saving Financial Forecasting as a Service\",\"datePublished\":\"2020-01-06T23:58:49+00:00\",\"dateModified\":\"2023-10-13T15:34:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.oxfordcorp.com\/fr\/insights\/case-study\/time-saving-financial-forecasting-as-a-service\/\"},\"wordCount\":306,\"image\":{\"@id\":\"https:\/\/www.oxfordcorp.com\/fr\/insights\/case-study\/time-saving-financial-forecasting-as-a-service\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.oxfordcorp.com\/wp-content\/uploads\/2020\/01\/time_saving_financial_forecasting_as_a_service_resized.jpeg\",\"keywords\":[\"Technology & Communications\"],\"articleSection\":[\"Case Study\"],\"inLanguage\":\"es\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.oxfordcorp.com\/fr\/insights\/case-study\/time-saving-financial-forecasting-as-a-service\/\",\"url\":\"https:\/\/www.oxfordcorp.com\/fr\/insights\/case-study\/time-saving-financial-forecasting-as-a-service\/\",\"name\":\"Time-Saving Financial Forecasting as a Service - 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