Raw data need to be analyzed in order to be useful, but many economic/business entities are not trained in the field. I-Biz provides two vital services in this area:
- Trend Analysis
Most economic data, at all levels including the company level, are influenced by seasonal and other factors. These influences need to be extracted from the raw data in order to identify trends. We have accumulated vast experience in the area of trend analysis and can offer this experience on a one-time or ongoing basis. We can also provide you with a computerized system to do trend analysis on your own. A major example of our work in this area is monthly trend analysis for Manpower (Israel) of data on help-wanted advertising, an important indicator of labor market developments.
Future trend analysis means forecasting, crucial for policy making at all levels of the economy, macro- and micro. We can provide forecasts on a one-time or ongoing basis or construct a computerized system for you to forecast independently. The system would draw data either from official channels or from your own sources. Our latest major project in this area is: Forecasting air travel flows to and from Israel, 2007-2017, for the Israel Airport Authority.