PROGNOSIX is a Swiss-based startup that aims to revolutionize decision-making processes by harnessing the power of data science and AI forecasting. Founded in 2014, the company's slogan "future for now" encapsulates its mission to make processes more predictable using data and artificial intelligence. PROGNOSIX's algorithmic forecasts are reported to be approximately 50% closer to reality than existing plans, particularly excelling in addressing complex challenges, such as products affected by multiple influencing factors. The company's scalable solutions cater to thousands of items and enable users to maintain oversight and control.
The startup implements its forecasts across the entire value chain, encompassing areas like pricing at the point of sale, demand forecasts for procurement and production, lead time predictions for procurement, forecasting of purchasing price developments, and manpower requirements forecasting. The company operates in the Information Technology sector and received a Fr.20.00K grant investment from Venture Kick on 10 December 2014.
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