KDnuggets : News : 2001 : n19 : item18    (previous | next)

Briefs

Roadmap Heatwave™ predicts effects of weather on sales
Beverly, Mass., September 4, 2001 – Roadmap Technologies today
announced the release of Roadmap HeatWave™.  Roadmap HeatWave™
is an expert system that allows business executives to analyze and
predict the effects of weather on sales volume. Heat waves,
unseasonably cold weather, heavy rain and blizzards have an enormous
impact on the economy.  Electricity usage, energy demand, crop
supplies and retail sales all depend on the weather.

Roadmap HeatWave™ uses AI (artificial intelligence) techniques to
analyze the effects of weather, holidays, weekends and seasonality on
business activity.  The forecasting model can be combined with current
weather forecasts to produce daily and hourly volume forecasts. The
HeatWave™ model can be used for simulation of alternative weather
scenarios (e.g. hot vs. cool summers) and contingency planning.

"With climatic changes such as Global Warming and the increased
frequency of extreme weather events such as El Nino, companies need to
ensure that they can succeed regardless of environmental factors, said
Dr. Rudolph Pizzano, president of Roadmap Technologies. "With Roadmap
HeatWave™, executives can adapt volume forecasts to changing
weather predictions in real-time."

Roadmap HeatWave™ is a configurable solution that can be tailored
quickly to each company's industry and sensitivity to weather. Roadmap
HeatWave™ is applicable to all industries, but is targeted towards
those with the highest sensitivity to changing weather conditions;
electric utilities, energy, tourism, transportation, retailing and
healthcare.

About Roadmap Technologies

Roadmap Technologies provides collaborative business planning
solutions. Global 1000 leaders such as Oracle Corporation (Nasdaq:
ORCL) rely on Roadmap Technologies software and professional services.

More information about Roadmap is available at http://www.roadmap-tech.com/

KDnuggets : News : 2001 : n19 : item18    (previous | next)

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