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76 Karma

Review on ForecastX Wizard by Shahed Cleveland

Revainrating 5 out of 5

Great Forecast Tool with various Models included

It’s very user-friendly as I expected from any product named "wizard/forecasting X thingy…etc”. Easy setup! The software seems not so flexible when adding more models or new ones but you can have some other programs installed too (MS Office) and still run this program. A must if your data looks like mine – lots in text form, which cannot be stored natively into one database table otherwise no way to add formulas later when we receive newer versions of our historical production results for comparison at time of prediction etc. Also good idea to make forecasts over 5 years since my budget has been allocated accordingly. The user interface as well as all its features are very intuitive which allows me get started in no time at all without having any prior knowledge about this product or what exactly I should be doing next! There's not much to dislike so far - everything seems just perfect for my needs right now :). No issues whatsoever during our trial period (which lasted over 6 months) nor since we have been using the tool regularly for quite some time already.

img 1 attached to ForecastX Wizard review by Shahed Cleveland



Pros
  • Very easy set up
  • Fast execution speed with reasonable memory consumption even though it creates many files along processing process.
  • Great flexibility regarding input options including Excel spreadsheets where each row is treated separately instead than creating "unnecessary" tables within spreadsheet itself thus reducing risk that something gets lost by mistake.
  • Good documentation available online via help tab included inside package folder after installation; also accessible directly through desktop