AI takes the Spotlight
FutureUP
March 27, 2024
AI takes the Spotlight as the most talked-about topic, eclipsing even pressing matters like the economy and war.
The launch of ChatGPT at the end of 2022 marked an important milestone as AI catapulted from tech circles right into the mainstream market!
What once was the domain of tech aficionados is now accessible to all, revolutionizing how we approach tasks and solve problems.
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Tags: AI, Generative AI
AI Innovation Summit Feb 2024
FutureUP
February 19, 2024
Burning insights about AI from the latest AI Innovation Summit held on Feb 15 2024
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Tags: AI, Generative AI, Predictive Analytics
Artificial Intelligence and the Landmark Year of 2023
Startupper
February 07, 2024
A commentary about the significance of 2023 in the evolution of AI as it enters the mainstream market.
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Tags: AI, Generative AI, Startups
Survey: AI-enabled Pricing testing
FutureUP
January 30, 2024
The aim of the survey is to collect Information about the methods you have used in the past to test/evaluate pricing predictive insights & suggestions (e.g., optimum price suggestions, probability to buy estimation) and what the outcome was.
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Tags: AI, Business Strategy, Predictive Analytics
Predicting a Global Crisis using AI
FutureUP
January 08, 2024
Successfully giving an early warning for the Global Financial Crisis of 2008 and the subsequent Global Recession of 2009
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Tags: AI, Business Strategy, Predictive Analytics
Mobile apps optimum pricing across countries using AI
FutureUP
October 10, 2023
A real case of Mobile application vendors using the Predictive AI model’s optimum price suggestions per country, resulting in significant revenue and performance benefits.
2x increase in Revenue and 3x in Conversions leveraging AI-powered Price Optimization across countries considering the Macro & Market Impact.
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Tags: AI, Business Strategy, Predictive Analytics
Optimum Price simulation per country and year for a new product launch
FutureUP
October 04, 2023
A real case leveraging Predictive AI to optimize price for varying inflation & income
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Tags: AI, Business Strategy, Predictive Analytics
Predicting the Growth of the Global Market using AI
FutureUP
October 03, 2023
Predicting the growth of the Global market for 17 years with more than 97.5% accuracy.
-AI-based Forecasting of the Global Market
-High forecasting accuracy for 17 years
-AI model proved resilient to the many crises of the past two decades
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Tags: AI, Business Strategy, Predictive Analytics
Poll results: Key challenges of price setting today
https://www.futureup.io/post/poll-results-key-challenges-of-price-setting-today
June 16, 2023
The latest results of the ongoing poll Key challenges of price setting today indicate that companies are challenged more by the uncertainty of the Macro/Market environment than the Micro/Company environment they operate in.
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Tags: AI, Generative AI, Predictive Analytics
The Forecasting Net
FutureUP
April 14, 2023
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Tags: AI, Entrepreneurship, Predictive Analytics
Scientific facts behind Dan Brown's book "Inferno" (warning to readers: spoilers)
Forecasting Net
May 24, 2016
I am a great fan of Dan Brown. I have read all of his books and enjoyed every single one of them! Great fiction and storytelling. Most of all, I always admired Brown's capacity to fuse fantastic elements with actual historical or scientific facts. This is why I decided to test his last-and one of my favorite-books, the “Inferno”.
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Tags: Ecosystems, Predictive Analytics, Social
Greek GDP forecast: a lost decade?
Forecasting Net
November 19, 2014
As the Second Economic Adjustment Program for Greece is soon coming to an end, there is a growing debate about the impact of the agreed austerity measures, whether the economic recession is finally over, and, most of all, what the next day may be.
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Tags: Business Strategy, Predictive Analytics, Social
Ebola Outbreak 2014 forecast: reported cases expected to increase significantly in the following months
Forecasting Net
October 09, 2014
As the number of reported cases of the recent Ebola virus outbreak is continuously rising, so is the concern of the people and public officials about the possible duration and severity of the deadly epidemic.
In order to estimate the evolution of the disease, we used the s-curve model and publicly available data of either confirmed or suspected Ebola cases and deaths from March to November 2014.
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Tags: Predictive Analytics, Social
FutureAI insigths
LinkedIn
September 11, 2023
Cutting-edge future trendsand compelling AI stories to supercharge your business
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Tags: AI, Predictive Analytics, Startups
Founder FutureUP
FutureUP
January 01, 2023
Founder & CEO of FutureUP, a company involved in Predictive AI with focus on Price optimization and Strategic Forecasting for B2B companies
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Tags: AI, Predictive Analytics, Startups
CoFounder & ex coCEO Cube RM
Cube RM
February 01, 2017
CoFounder, Board member, and ex coCEO Cube RM, a leading company in AI-powered Tender Management software, having raised 9mn in Seed & Series A funding
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Tags: AI, Predictive Analytics, Startups
Founder & Managing Director Global Forecasting Solutions
Global Forecasting Solutions (inactive from 2020)
February 01, 2016
Founder & Managing Director Global Forecasting Solutions, a company into Predictive Analytics for enterprises
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Tags: AI, Predictive Analytics, Startups
Forecasting Net blog site
Forecasting Net
January 01, 2011
The Forecasting Net is a think tank for professionals, futurists, and simple enthusiasts interested in AI, forecasting, price optimization, and future trends.
Its purpose is to help increase our visibility of the future by monitoring emerging trends in technology, our society, business, and the global economy by using all means available, from simple observation and analysis to complex AI tools.
We put a lot of emphasis on presenting everything in a simple and straightforward manner that everyone can understand. Towards this goal, the Forecasting Net launched in 2011 a Blog to post and comment on new trends, AI & forecasting techniques, hints & tips, guides, software, and any other relevant material that is of value to our audience.
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Tags: AI, Innovation, Predictive Analytics
Social User Experience for Effective Mobile Advertising
IGI Global, Encyclopedia of Information Science and Technology, Third Edition, p.1415-1424 · Jan 1, 2015IGI Global, Encyclopedia of Information Scien
January 01, 2015
Mobile is the fastest growing segment on the online advertising market creating opportunities for life-enriching UX and value within this emerging marketplace (Chen & Hsieh, 2011). Mobile advertising is described as a form of advertising that is communicated to the consumer/target via a handset. This type of advertising is most commonly seen as a Mobile Web Banner (top of page), Mobile Web Poster (bottom of page), and full screen interstitial, which appears while a requested mobile web page is “loading’(Mobile Marketing Association, 2008), primarily in smartphones as well as Tablets. As mobile technology applications continue to increase, so do the number of mobile subscribers. With a penetration of 84 percent of mobile subscribers in the United States, with this percentage surging to 100 percent by 2013 (Kagan, 2007) and the latest figures from Nielsen (2012) showing that between July 2011 …
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Tags: Marketing, Mobility, Social
Forecasting “In the Pocket”: Mobile devices can improve collaboration
Foresight, Issue 32, Winter 2014, p.13-18 · Jan 1, 2014
January 01, 2014
This article presents specific approaches for the future of mobile forecasting applications. We explore how the increasing popularity of PDAs, smartphones, tablet computers, and other mobile devices opens up new opportunities for communication and collaboration on business forecasts. Furthermore, mobile forecasting applications may streamline approaches to collaboration between retailers and suppliers, thus contributing to the provision and exchange of product information, especially since forecasts are strongly tied to local context knowledge.
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Tags: AI, Mobility, Predictive Analytics
IS model: A general model of forecasting and its applications in science and the economy
Technological Forecasting and Social Change / Elsevier · Feb 1, 2011
February 01, 2011
In this article, a general model of Interaction Systems (IS) is introduced that can be applied to many different fields covering economic, business, social, physical, and other phenomena giving us both numerical estimates and qualitative insights of the system's dynamics. This is illustrated in two case studies. First, the IS model is applied to the global economy. The resulting model is tested against real global GDP data. The new IS model gave reliable estimates and presented a basic framework of understanding the nature of major economic shifts, including the recent global recession of 2009, by studying the dynamic relationship between demand and supply. In the other case, the IS model is applied to elementary chemical reactions in order to quantify the reaction kinetics. The result is the well known rate law of chemical reaction kinetics thus providing evidence of the proposed model's validity.
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Tags: Business Strategy, Predictive Analytics, Social
The future of the global economy
Technological Forecasting and Social Change, Elsevier · Sep 1, 2008
September 01, 2008
*Ranked No 2 most downloaded paper in the journal for the period Jan - Mar 2009
*Top 20% of citations in the journal as of June 2013
In this paper we use the assumption that global activity, as measured by real GDP, follows the well known s-curve function. Also, in order to model the relative power of specific regions, we use the Logistic Substitution method. Estimates from the derived models are tested against actual data and linked to real historical events where appropriate. According to the paper, the global economy follows a two-century growth wave, from 1917 to 2112, attributed to globalization. This period is equally divided into five phases called “seasons” that last nearly 40 years and constitute successive periods of growth, saturation, and decline. Almost every forty years, near the middle of each season, there is a peak point that initiates a cyclical slowdown of the global economy. The cyclical downtrend occurs when the economy “overshoots” i.e. when the ratio between actual and estimated GDP is at maximum. The first two cyclical slowdowns occurred in 1937, near the start of World War II and in 1975, near the outburst of the oil crisis. The next cyclical peak occurs in 2013, very close to the ongoing global economic crisis. Furthermore, the paper concludes that China's emergence as a superpower could have been predicted even as way back as 1985 by using the Logistic Substitution method. Although China will continue to grow, in terms of percentage contribution to global GDP, by the year 2024 it is expected to enter a substitution phase, as our world will most likely experience the emergence of a new “superpower” that will take its place, and once more will change the international landscape as we know it today.
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Tags: Business Strategy, Predictive Analytics, Social
The future of the mobile phone business
Technological Forecasting and Social Change, Elsevier · Dec 1, 2005
December 01, 2005
*Ranked No 3 most downloaded paper in the journal for the period Apr - Jun 2007
*Top 5% of citations in the journal as of June 2013
In this article we use the assumption that the diffusion of mobile technology, as measured by the number of active mobile accounts, follows the well known S-curve of natural growth in competition systems. The accuracy of the logistic fit is tested against actual data for the whole World, Europe, China and the GSM system. Using the produced models we make predictions about the future of the mobile business.
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Tags: Business Strategy, Mobility, Predictive Analytics
The Story of FutureUP: a behind the scenes interview
FutureUP
March 12, 2024
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Tags: AI, Predictive Analytics, Startups
How to test AI-enabled pricing strategies for success
FutureUP
February 28, 2024
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Tags: AI, Business Strategy, Predictive Analytics
Pricing New products in Retail
Retail Price Talk
January 23, 2024
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Tags: AI, Business Strategy, Predictive Analytics
AI the big picture
AI Innovation Summit
November 16, 2023
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Tags: AI, Generative AI, Predictive Analytics
Optimum Price simulation per country and year for a new product launch
FutureUP
October 04, 2023
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Tags: AI, Business Strategy, Predictive Analytics
Mastering B2B SaaS Pricing in a Dynamic Market Webinar May 2023
Import from youtube.com
May 09, 2023
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Tags: Business Strategy, Predictive Analytics, Startups
Webinar | Brazil Tender Market Insights
Import from youtube.com
October 12, 2022
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Tags: Business Strategy, Digital Transformation, Startups
CubeCast Ep03 with Dominik Schrode | Digital Pricing Transformation
Cube RM
October 09, 2022
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Tags: AI, Business Strategy, Predictive Analytics
Webinar | Brazil Tender Market Insights
Cube RM
October 05, 2022
Brazil is by far the biggest pharmaceutical market in Latin America!
Its #procurement landscape is one of the most complex & fragmented in the world. The government, 26 states, over 5,500 municipalities as well as individual public and private hospitals, are buying medicines. The main method of procurement for all the above is #tendering. To be successful in Brazil, an in-depth understanding of the tender market is essential.
We did a deep dive into the Brazilian Tender market to understand the key players, patterns and trends, all based on hard data over the last 5 years:
️ Who are the biggest tender customers in Brazil
️Which therapeutic areas and molecules are tendered the most and for the highest value?
️ What are the key trends over time?
Join our team of tendering experts, George Boretos, co-Founder & co-CEO of Cube RM and Nico Bacharidis, Business Advisor of Cube RM, Founder & CEO of growpal, and also Christos Katsikogiannis, territory manager of Salesforce.com, in this FREE, interactive webinar.
For Tendering, Market Access, Pricing, Commercial & Marketing professionals, interested in the LATAM region, this webinar will provide relevant strategic insights and market intelligence.
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Tags: Business Strategy, Startups
CubeCast Ep03 with Dominik Schrode | Digital Pricing Transformation
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August 03, 2022
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Tags: Business Strategy, Digital Transformation, Startups
Webinar | The current Tender Maturity status of the Manufacturing Industry
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July 12, 2022
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Tags: Business Strategy, Digital Transformation, Startups
CubeCast Ep02 with Dr. Steve Laborda | MEAT Tenders & Value-based Tendering
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June 22, 2022
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Tags: Business Strategy, Digital Transformation, Startups
CubeCast Ep01 | Key elements for success towards an Ideal Tender Excellence journey!
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May 26, 2022
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Tags: Business Strategy, Digital Transformation, Startups
Webinar | Your Ideal Tender Excellence Journey with Industry Benchmarking
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March 17, 2022
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Tags: Business Strategy, Digital Transformation, Startups
Key Insights of the Tender Market for the Pharmaceutical Industry in Europe
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October 01, 2021
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Tags: Business Strategy, Digital Transformation, Startups
Key insights of the Tender Market for the Chemical Industry in Europe, March 25, 2021
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April 05, 2021
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Tags: Business Strategy, Digital Transformation, Startups
In search of Artificial General Intelligence
FutureUP
April 02, 2024
AI has taken the spotlight following ChatGPT's successful debut in late 2022! This has sparked a frenzy of development, with millions using the new technology and thousands of new AI tools being launched every year.
This is a major shift from previous years when more advanced AI tools were mainly used by an “elite” of AI experts, enthusiasts, and visionaries but were unavailable to most of the market. Today, everyone is talking about AI, even more than other pressing issues like the economy or global conflicts. With every new application, AI becomes more intertwined with the fabric of our lives, and its popularity and importance increase.
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Tags: AI, Generative AI, Startups
AI & Geopolitics
Geopolitica
March 05, 2024
An interview to the Geopolitica Journal, one of the top geopolitics journals in the world, about the importance and relationship between Geopolitics and the rising field of Artificial Intelligence.
The interview covers the following key areas:
-The new role of Geography and the impact of AI
-How is AI shaping Political and Economic Power
-The need for State and Private sector coordination
-The importance of Information, AI, and Space in countries development
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Tags: AI, Business Strategy, Predictive Analytics
AI hits the Tipping Point
FutureUP
February 22, 2024
AI has gone mainstream and hit the tipping point. Read on to learn more and what this means for the future of AI.
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Tags: AI, Generative AI, Predictive Analytics
AI-the Big Picture revisited
FutureUP
December 14, 2023
This paper aims to answer critical questions regarding the AI market and more specifically:
-Is ChatGPT the most important AI tool?
-Have we achieved human-equivalent AI?
-What are the different forms and applications of AI?
-What are the key future directions of AI?
The paper also features four success stories demonstrating the big benefits of using AI in business!
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Tags: AI, Generative AI, Startups
Pricing and the AI Storm
EPP Pricing Platform
December 14, 2023
Our article, "Pricing and the AI Storm" published by the European Pricing Platform (EPP) in the 3rd Edition | Q4 2023 of the EPP Pulse journal!
The article covers the following key areas:
-Using Predictive AI for Price Optimization
-Estimating the Probability to win and the Demand Curve with AI
-Estimating Pricing trendsand Supply-Demand dynamics
-Practical use cases️of AI in Pricing
The article also features a real case of Price optimization across countries for a new product launch, a joint project of FutureUP with our partner Neurensics.
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Tags: AI, Business Strategy, Predictive Analytics
AI-powered SaaS Pricing & Packaging
FutureUP
September 27, 2023
How do the rapidly changing market, inflation & economic slowdown, and different countries' potential affect your SaaS Pricing, and what you can do about it?
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Tags: AI, Business Strategy, Predictive Analytics
Pricing under economic downturn
FutureUP
August 17, 2023
How an economic slowdown or a recession affects your pricing and what you can do about it.
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Tags: AI, Business Strategy, Predictive Analytics
Pricing & Inflation
FutureUP
July 12, 2023
How inflation affects your pricing and what you can do about it.
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Tags: AI, Business Strategy, Predictive Analytics
Which Pricing Tool is the best for you?
FutureUP
June 29, 2023
Popular Pricing Tools and AI-enabled pricing.
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Tags: AI, Business Strategy, Predictive Analytics
Please Pay attention to your Pricing!
FutureUP
June 08, 2023
What other companies overlook that you should pay attention to?
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Tags: AI, Business Strategy, Predictive Analytics
7 steps for success in Tender management
EPP Thought Leadership Series · Jul 29, 2019
July 29, 2019
Tendering is already a big and growing business affecting most industries and countries around the world. However, winning new public tenders is not a “free meal”. With more and more tenders using a combination of price and qualitative criteria and tenders being published on quite short notice, this is also a complex, rapidly changing, and highly demanding market.
This new white paper, published in the EPP Thought Leadership Series, describes the key challenges and seven steps for success in Tender management based on real-life evidence from the market.
Tags: Business Strategy, Digital Transformation, Innovation
Impact of culture on the development of countries
Forecasting Net
May 16, 2016
The quantitative impact of cultural traits on economic growth on a country level. In order to measure culture, in the sense of standard behaviors characteristic to the people of a certain country, we use the six dimensions first introduced by professor Geert Hofstede: Power Distance, Individualism, Masculinity, Uncertainty avoidance, Long term orientation, and Indulgence.
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Tags: Culture, Predictive Analytics, Social
What makes the economy tick - Part IV - US vs. USSR rivalry
Forecasting Net
June 15, 2015
Although the history and implications of the Cold War between the US and the USSR are well documented, it is still not quite clear why it ended up as it did, with the collapse of the Soviet Bloc and a clear win for the US.
Using a methodology presented in the recent post, “What makes our world and the economy tick?”, we will examine the US vs. USSR rivalry from a different perspective, by focusing on the progress made in the following key areas: Information flow, Transportation, Telecommunications, and Freedom of speech. This will help us identify the key competitive advantages of the two countries that-to a large extent-determined the outcome of this war.
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Tags: Business Strategy, Predictive Analytics, Social
What makes the economy tick - Part III - Ancient Greece
Forecasting Net
February 14, 2015
The ancient Greek civilization emerged during the 8th century BC, almost out of nowhere, reaching a peak point in just three centuries, the Golden Age of Pericles in the 5th century BC that is still considered one of the most brilliant moments of human history.
Although the marvels of Ancient Greece are common knowledge today, it is still not quite clear what triggered this important period of development.
By using a methodology presented in the recent post, “What makes our world and the economy tick?”, we will explain the growth dynamics of ancient times based on the progress made in the following key areas: Information flow, Transportation, Telecommunications, and Freedom of speech.
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Tags: Business Strategy, Predictive Analytics, Social
What makes our world and the economy tick? Part II: China vs. The West
Forecasting Net
September 17, 2014
China’s recent growth frenzy should not be a surprise. Its economy has been one of the largest in the world in the last two thousand years, reaching a peak point near the beginning of the 19th century, accounting for almost one third of the global economy at the time. However, by the mid-20th century the Chinese Empire and its economy collapsed to a mere 5% contribution to global GDP only to rise again after Deng Xiaoping assumed power in 1977. Key in understanding these economic cycles is the level of interaction of the Chinese economy, both inside and outside the country.
In this post, we will use the methodology presented in the recent post, “What makes our world and the economy tick?”, to explain China’s recent economic rise and also ascertain its future potential based on the progress made in the following key areas: Information flow, Transportation, Telecommunications, and Freedom of speech.
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Tags: Business Strategy, Predictive Analytics, Social
What makes the economy tick
Forecasting Net
August 27, 2014
Although it is common knowledge that the development of the past 500 years is based on a series of important discoveries that helped shape our modern civilization, we still don’t understand exactly how innovation adds value to the economy and, even more, how to quantify this relationship. This post will shed some light to the relationship between innovation and economic growth and help us understand how our decisions and efforts today may influence our future!
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Tags: Business Strategy, Predictive Analytics, Social
The rise and fall of modern empires: concluding report
Forecasting Net
January 12, 2014
“The rise and fall of modern empires” series, posted on a few selected LinkedIn groups, received thousands of insightful comments that inspired this concluding report to sum up the discussion and expand on China’s potential for future development.
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Tags: Business Strategy, Predictive Analytics, Social
The rise and fall of modern empires - Part IIIb
Forecasting Net
August 28, 2013
As we found out in Part I and Part II, although economic power has been shifting from the West to the East for many decades, income inequality still holds strong around the World. In Part IIIa we discovered what drives the economic growth of different regions and, now, in Part IIIb we do the same for the largest countries in the world. The outcome is quite surprising...
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Tags: Business Strategy, Predictive Analytics, Social
The rise and fall of modern empires - Part IIIa
Forecasting Net
July 10, 2013
As we found out in Part I and Part II, although economic power has been shifting from the West to the East for many decades, income inequality, in terms of GDP per capita, still holds strong around the World. In Part IIIa we discover what drives the economic growth of different regions, population vs. income per capita improvement, and the outcome is quite surprising...
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Tags: Business Strategy, Predictive Analytics, Social
Predicting the growth of the Global Market
Forecasting Net
January 30, 2013
Successfully predicting the global market using a specialized econometric model, allowing for proactive, long-term planning. According to the forecast, based on the Interaction Systems’ model, global GDP is expected to almost double by the end of 2030, albeit with decelerating growth rates as we move toward the end of the forecast.
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Tags: AI, Business Strategy, Predictive Analytics
The Future of Europe-GeoPolitica
GeoPolitica, www.geopolitic.ro, 2013 (1), p.249-253 · Jan 1, 2013
January 01, 2013
*This article is an adaptation of the original publication of the Forecasting Net blog
- www.forecastingnet.com - for the GeoPolitica journal. Follow the link to download both the original and adapted versions.
Contrary to popular belief that increased lending, first in the financial and corporate sector and then on a country level, is the key source of Europe’s problems, it turns out that this may be just the tip of the iceberg in a series of many structural problems, namely: reduced global influence, low growth, population ageing, reduced competitiveness against developing countries, increasing energy dependency, and loose coordination among participating countries. Overall, Europe is quickly losing momentum in the global economy, as it becomes more and more “yesterday’s news”. However, the solution may exist in what we call the “large” Europe scenario.
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Tags: International Relations, Social
The rise and fall of modern empires - Part II
Forecasting Net
March 14, 2012
As we found out in Part I, economic power has been shifting from the West to the East for many decades. In Part II we explore the dynamics of income inequality through the years. We discover that it still holds strong, as full convergence is far away, despite considerable improvements in narrowing the income gap, especially between Asia and the West.
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Tags: Business Strategy, Predictive Analytics, Social
S-curves and their Applications in Marketing, Business, and the Economy
Alert! Magazine, Marketing Research Association, Vol. 52, No. 2, p.34-39 · Feb 1, 2012Alert! Magazine, Marketing Research Association, Vol. 52, No. 2
February 01, 2012
In this article, published in Marketing Research Association’s Alert! magazine, Roger’s Diffusion of Innovations Model, based on a simple s-curve, is explored as well as its numerous applications in marketing, business, and the economy. A case study of application to the global economy is offered as a proof of concept of the famous model.
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Tags: Business Strategy, Marketing, Predictive Analytics
The rise and fall of modern empires - Part I
Forecasting Net
October 01, 2011
Observe the shift of power from Western to Asian economies, in this "journey" of global economic dominance, starting after World War II all the way up to 2010. Find out why this is a long term trend and how we could have predicted it decades ago.
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Tags: Business Strategy, Predictive Analytics, Social
Predicting a Global Crisis
Forecasting Net
July 11, 2011
Successfully giving an early warning for the Global Financial Crisis of 2008 and the subsequent Global Recession of 2009. The forecast performed before the collapse of the Lehman Brothers in 2008 and discovered an economic cycle and predicted the possibility of a crisis in our times of a magnitude similar to the oil crisis in the 1970s and the Global Depression & WWII in the 1930s.
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Tags: AI, Business Strategy, Predictive Analytics