Executive Briefings

Thrive Technologies Debuts Demand-Forecasting Tool

Thrive Technologies Inc. has released Firstcast, a demand-forecasting service.

Delivered under a software-as-a-service (SaaS) model, the tool draws on Thrive's forecasting engine, utilizing state-space methodologies to assess future demand for finished goods in distribution and retail. The SaaS architecture allows large companies more easily to incorporate forecasts into their existing enterprise resource planning (ERP) systems, Thrive said. The vendor assumes responsibility for information-technology maintenance, including upgrades and server management. The results, claimed Thrive, are rapid implementation of the system and significantly improved inventory levels.

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Delivered under a software-as-a-service (SaaS) model, the tool draws on Thrive's forecasting engine, utilizing state-space methodologies to assess future demand for finished goods in distribution and retail. The SaaS architecture allows large companies more easily to incorporate forecasts into their existing enterprise resource planning (ERP) systems, Thrive said. The vendor assumes responsibility for information-technology maintenance, including upgrades and server management. The results, claimed Thrive, are rapid implementation of the system and significantly improved inventory levels.

Read Full Article