Case Study: AEDC (Anchorage Economic Development Center) achieves faster, more accurate forecasts — cutting prep time from a month to a week — with John Galt Solutions' ForecastX

Anchorage Economic Development Center Secures Time-Saving Forecasting Accuracy

AEDC (Anchorage Economic Development Center) is a private non-profit focused on improving Anchorage’s economic conditions across industries such as mining, government, finance, real estate, construction and services. Using Alaska Department of Labor historical data, AEDC had been doing ratio-to-moving-average and classical decomposition forecasts in Microsoft Excel — a time-consuming, manual process that yielded less accurate results — so they engaged John Galt Solutions and its ForecastX/ForecastX Wizard product to improve accuracy and efficiency.

John Galt Solutions implemented ForecastX Wizard integrated with Excel, offering Procast expert model selection, unlimited data handling, and monthly/quarterly/yearly forecasting without data preparation. As a result, AEDC cut forecasting preparation time from a month to a week, achieved more accurate forecasts, and freed staff to spend more time analyzing results and promoting business development in Anchorage.

AEDC (Anchorage Economic Development Center)