DIVUM DEMAND PREDICTION ENGINE

Divum Demand Prediction Engine

Make Intelligent Business Decisions with Predictive Analysis:

Divum is a cloud-based platform that helps organizations predict demand for resources and services. Divum offers a convenient way to integrate into your existing systems, without any additional hardware or development effort. Using a demand prediction engine can help you improve your operations and asset utilization, avoid capacity problems, increase training and maintenance service revenue, free up capital, and more.

Who are the end-users of this product?

Organizations that have resources and services to sell or rent out. For example, training centers can predict demand for sessions in future months and allocate resources effectively. Airport companies can predict demand for aerobridges. IT service providers can predict request volume for the upcoming weeks/months.

The Divum Demand Prediction Engine SDK is an API that allows you to predict the demand and generate reports from your existing systems. It is built on RESTful principles and is compatible with all programming languages, including Java, JavaScript, .NET, C#, and C++.

What is Divum Demand Prediction Engine and how does it help?

Organizations typically struggle with over/undersupply of resources and services, which leads to significant financial losses. Services rendered are often underutilized. Terminating employees, leasing extra capacity, or buying more hardware is a temporary solution, only delaying the problem rather than fixing it.

Divum offers a convenient way to integrate into your existing systems without any additional hardware or development effort. The Demand Prediction Engine estimates resource/service demand in future periods based on historical data, taking into account seasonal variations and other system-specific information.

Unique Selling Point of Divum Demand Prediction Engine:

  1. No downtime.
  2. Divum provides a demand prediction engine as a centralized service, making it easy to connect and start reporting on demand.

  3. Support all your data sources. If you have any of the following types of data, you can use Divum to accurately predict demand:
    1. Real-time data;
    2. Historical data (up to 1 year);
    3. Data collected from sensors or devices;
    4. Geo-location and other advanced geospatial analysis.
  4. Access real-time demand information
  5. Access real-time demand information on all your resources available on the platform. Only Divum can provide this functionality! Resources include cloud services, professional subscriptions, mobile applications, and more.

  6. No need for on-premise development.
  7. With Divum, you can obtain reports about your demand anytime, anywhere, and anyhow you want to see them.

  8. Save time with easy implementation.
  9. Divum is compatible with all programming languages and you can integrate with your existing systems in minutes without additional hardware or development effort.

  10. Customized result:
  11. Tailor your report to your needs using a friendly user interface that has natural language query support, access to data in all formats (JSON, Excel, PDF), and more advanced features such as drill-down, filters, and predictions! We are constantly improving our user experience!

Features of Divum Demand Prediction Engine:

Let's take a look at the valuable features of the Divum Demand Prediction Engine:

  1. Scalable, cloud-based solution.
  2. The service is hosted on an Amazon EC2 server and can scale in minutes (unlimited capacity). It can also be used for all your other cloud services as a unified data source.

  3. Multi-tenancy.
  4. Divum Demand Prediction Engine enables you to have multiple tenants (organizations) connected to the same back-end database at the same time, allowing you to work with Divum as a shared infrastructure, rather than an individualized solution.

  5. Extensible by design.
  6. You can easily resell the service to your customers, extend it with your modules, invite other vendors to plug in their services, and more.

  7. No downtime.
  8. You don't need to change your existing system or infrastructure. Diva's API API is based on RESTful principles and is compatible with all programming languages, including Java, JavaScript, .NET, C#, and C++ (REST API).

  9. Easy to use.
  10. You can use Divum's API or user interface to access demand information for your resources in real-time as well as historical data.

  11. Scientifically designed.
  12. Divum is built on the same principles as research papers in machine learning and statistics - it provides you with results that are statistically proven, but also easily understandable.

Benefits of Divum Demand Prediction Engine:

  1. Save money and time!
  2. Using Divum Demand Prediction Engine can help you avoid over/undersupply of resources or services, leading to significant financial savings and significant improvement in your operations. You will be able to better allocate your existing resources, improve training and maintenance service revenue, free up capital, and more! 2: Reduces operational risk.

  3. Improved operations and asset utilization.
  4. Using Divum Demand Prediction Engine can help you avoid capacity issues, such as having too many trainers assuming there is enough work for all of them to do. 3: Increase training and maintenance service revenue.

  5. Improved customer satisfaction and retention.
  6. Using Divum Demand Prediction Engine can help you avoid over-or under-utilization of your training services, leading to reduced customer dissatisfaction and better retention of your customers. 4: Less risk for unplanned downtime.

  7. Increased privacy and security.
  8. Divum's data is stored in a highly secure cloud server that is not accessible by other parties or end-users (unless you want to pay an additional fee). 6: Better compliance with Regulation GDPR and other SLAs.

  9. Share data with vendors!
  10. Using Divum Demand Prediction Engine enables you to easily coordinate the provisioning of resources and services among different departments in your organization - thus greatly improving business communication and cooperation within the organization.

Summary:

Divum Demand Prediction Engine is a real-time cloud-based solution that estimates resource/service demand in future periods, considering historical data and other system-specific information. The service can be easily integrated into your existing systems without any additional hardware or development efforts.

Data from Divum Demand Prediction Engine can be used for multiple purposes, including but not limited to:

  1. Business intelligence and decision support
  2. Real-time demand information about cloud services, professional subscriptions, mobile applications, and more can be used for business intelligence and decision-making tasks.

  3. Forecast demand
  4. Predict the amount of demand for your resources by using historical data (up to 1 year) and other system-specific information.

  5. Sensible resource management
  6. Enables you to plan your operations according to projected future demand - whether more or less than expected - in order to avoid over/undersupply before it happens.

Frequently Asked Questions

Question 1. How does Divum's demand prediction engine work?

In order to predict future demand, the service first needs to understand your resources and the relationships between them. It then analyzes historical data (up to 1 year) and other system-specific information to come up with a prediction. The algorithm used by Divum is proprietary, but it draws on research papers in machine learning and statistics - thus ensuring that the results are statistically proven but also easily understandable.

Question 2: What factors does Divum's demand prediction engine take into account?

Divum demand prediction engine uses historical data about your resources and their relationships between each other as well as other system-specific information. It then analyzes this information to come up with a prediction.

Question 3: What is the difference between Divum's demand prediction engine and other forecasting solutions?

Divum's API and end-user interface allow you to access demand information for your resources in real-time as well as historical data. Other forecasting solutions usually require an additional hardware setup and/or development efforts before you can use them. The Divum API, on the other hand, is based on RESTful principles which are the same ones used by online services like Facebook, Google, Twitter, LinkedIn, etc. This is why Divum is compatible with all programming languages, including Java, JavaScript, .NET, C#, and C++ (REST API).

Question 4: Why should I use Divum's demand prediction engine in my business?

Divum's API and end-user interface allow you to access demand information for your resources in real-time as well as historical data. Other forecasting solutions usually require an additional hardware setup and/or development efforts before you can use them. The Divum API, on the other hand, is based on RESTful principles which are the same ones used by online services like Facebook, Google, Twitter, LinkedIn, etc.