Challenge

Skanska was looking for a way of improving the balance between human- and system-capital. The objective was to increase forecast accuracy through a standardized and datadriven process without expanding the team of analysts.

Solution

Implementing Indicio has lead to increased forecast accuracy, deeper understanding of the market dynamics and higher work-load capacity within the analytics team. This has helped the management team in prioritizing amongst potential projects whilst lowering risk for the ones selected to start. The access to advanced predictive models has deepened the understanding of the price dynamics of the market.

This is due to Indicio recommending the best suited models and indicators at each point in time given the data supplied. Through continuously updating the forecasts in a standardized process, Skanska has gained the ability to continuously evaluate forecast accuracy and enhance forecast performance as time progress and indicators change. Further, the standardized process allows for new team members to quickly start contributing the performance of the team.

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Challenges

“You have found the best bank”

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