
Founded in 1986, Business Forecast Systems, Inc. (BFS), is the maker of Forecast Pro, the leading software solution for business forecasting, and is a premier provider of forecasting education. With more than 25,000 users worldwide, Forecast Pro helps thousands of companies improve planning, cut inventory costs and decrease stockouts by improving the accuracy of their forecasts.
When building DemandCaster we chose the Forecast Pro DLL as the forecasting engine for the system. The Forecast Pro automatic expert selection outperformed other software approaches as well as 18 out of 19 academic teams in the Makridakis-3 study, the largest forecasting study ever performed.