Forecast Launches New Solution to help Businesses Save Resourcing Costs

February 15, 2023
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Today Forecast, the leading AI-native project and resource management platform, introduced a new suite of capabilities to help customers anticipate resourcing needs and reduce costs associated with staffing projects.

With Capacity Planning, business leaders can scope out projects with placeholders and tentative bookings, and then forecast demand using the project’s win probability, giving teams unparalleled insight into when to hire. Leadership can gain confidence in their ability to deliver on new potential projects, avoid overhiring, and prevent expensive burnout on their existing team. Resource and delivery managers are provided an enhanced, consolidated overview of their entire team’s availability, enabling them to streamline project planning and spend more time with clients.

“We are entering an economic climate where companies will be forced to take ‘do more with less’ to the next level. The organizations that succeed will be the ones who adequately plan and predict demand for their teams,” said Dennis Kayser, Founder and CEO of Forecast. “We are excited to add Capacity Planning to our platform, building upon existing capabilities and our native AI to help our customers understand how best to deploy their most valuable resources – their people.”

Forecast brings together work management, resource management, and financials into an all-in-one platform, driven by powerful AI that makes proactive recommendations, recognizes patterns, and alerts users to key information. Capacity Planning expands on the platform’s existing resource management capabilities, enabling customers to go further in anticipating future projects so they can deliver successful projects either internally or for their clients, reduce hiring costs, and streamline operations.

Forecast has experienced significant momentum over the past year. As part of this growth, the team has recently welcomed several new executives: Dylan Connerton as VP Product, Jeff Boone as VP Sales, and Nicole Lindenbaum as VP Marketing. After expanding operations to the US in early 2022, the company also recently opened an office in New York City.

About Forecast

The Forecast AI-native platform is a system of intelligence that represents the most advanced technology ever applied to managing finances, resources and projects. Forecast is the ultimate upgrade for any project team and organization.

Forecast eliminates busywork, surfaces best practices, predicts outcomes, guides projects to success, and most importantly empowers every team member to do their best work. Technology doing what it does best, so humans can do what they do best.

Founded in 2016 with offices in New York, London, and Copenhagen.

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