AccuWeather Storms Into Enterprise With Predictive Analytics - InformationWeek

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AccuWeather Storms Into Enterprise With Predictive Analytics
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batye
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batye,
User Rank: Ninja
12/7/2015 | 11:12:49 PM
Re: weather to drive business
I would say many factors in play, always... nothing is simple...
nomii
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nomii,
User Rank: Ninja
12/7/2015 | 9:13:03 PM
Re: weather to drive business
@nomii, if heavy rain happens and water block the roads... for few weeks, as country have no money to clean up roads small Co. could not deliver they orders...No new orders = No income....

@Batye you are right to an extant. I believe when there is a will there is a way. Every one wants to survive in the world of survival of the fittest. These small companys will find the alternate ways to do their job. But once the magnitude of rain or devastation is very heavy, it will definitely affect all comapnys but smaller will be affected more. And it is not only true for third world country but any other one. What is your say?

batye
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batye,
User Rank: Ninja
12/7/2015 | 8:41:00 PM
Re: weather to drive business
@nomii, if heavy rain happens and water block the roads... for few weeks, as country have no money to clean up roads small Co. could not deliver they orders...No new orders = No income....
nomii
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50%
nomii,
User Rank: Ninja
12/7/2015 | 10:32:15 AM
Re: weather to drive business

@Impactnow you are right. In my opinion weather knowledge is a must for goods transportation. It is essential for other transportation methods but as sea transportation is slow and requires quite some time and it transports millions of dollars worth commodities in a single trip. In needs immaculate planning and weather prediction is a must. I think that these apps have benefitted many but its impact in transportation field is an exception.

nomii
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nomii,
User Rank: Ninja
12/7/2015 | 10:28:04 AM
Re: weather to drive business
"in some third world countries weather could make or brake Co..."

Batye I am afraid I could not get your point. Can you please elaborate. How weather can impact a third world country and not any other country. Thanks

batye
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50%
batye,
User Rank: Ninja
12/6/2015 | 12:39:36 AM
Re: weather to drive business
@impactnow, in some third world countries weather could make or brake Co...
impactnow
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impactnow,
User Rank: Author
11/30/2015 | 11:37:36 PM
weather to drive business
Weather can have a huge mpact on businesses these types of apps can help businesses drive growth and profitability with predicitve analytics. It takes weather prediction beyond the clothing needed to inventory, shipment needs and transportation implications.
tzubair
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tzubair,
User Rank: Ninja
11/29/2015 | 10:29:58 PM
Re: A leading practitioner of the art
"AccuWeather Enterprise and Casey McGeever are an example of how far we've gone beyond using weather information to predict the sale of snow shovels."

@Charlie: I think what's interesting to know here is the fact that no new information is being gathered - the weather prediction is only taking place based on existing factors. The increase in usefulness has only come about with that information being linked with other information to derive more value and have other things being predicted along with the weather.
tzubair
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50%
tzubair,
User Rank: Ninja
11/29/2015 | 10:26:35 PM
Re: A leading practitioner of the art
"I want to know how many false positives they have or what happens if their models make the wrong prediction which could happen, would they be liable if this happens"

@Pedro: I think every model comes with a certain accuracy and there's always a chance of it being wrong. Similar is the case with weather as well. When companies are using a weather prediction from AccuWeather, they do know the statistical probablity of it being right.
tzubair
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tzubair,
User Rank: Ninja
11/29/2015 | 10:23:16 PM
Drugs
 

"A final use-case that McGeever shared has to do with the pharmaceutical industry overall, but also with the health of individuals. If weather interrupts the supply chain and drugs aren't delivered to pharmacies, the impact can be far-reaching"

So what happens in this case if it can be predicted that there will be a delay in the supply of a particular drug? Are the medicinal practitioners informed about it so they can propose alternate medicine beforehand?

 
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