article thumbnail

Predictive analytics: opportunities and limits for the future of finance

Jedox Finance

Based on qualitative and quantitative data plus subject matter expertise, folks will attempt to guess what’s likely to happen. Making things up , which is the least useful method of forecasting but one that a surprising number of organizations and stakeholders do in the absence of any other forecasting techniques.

Finance 98
article thumbnail

Startup DNA: Rooam, Close Your Bar & Restaurant Tab Remotely

PYMNTS

Data collection is extremely important for us as we grow — for not only studies but also for sales, marketing and our expansion nationally,” said Shams. We want to have quantitative data to show the positive impact of Rooam.”. Shams challenged those numbers, saying: “With Rooam, it takes zero seconds.”.