Better policy making through data and AI
Our mission is to use data to improve institutional decision-making at the macro level.
We use proprietary real-time, granular socioeconomic data to create products that enable central and local governments to make more informed data-driven policy decisions.
The Problem
Readily available economic data feeds cannot meet decision-makers’ demands.
The status quo for policy makers today is broken
Today, multi-million dollar decisions are made with minimal visibility. Decision-makers rely on diagnostic and monitoring data that is:
Delayed (lag current economic reality by 3 to 24 months)
Infrequent (updated quarterly or biannually)
High-level (available only at country or regional levels)
Inaccurate (estimated using only a handful of select data indicators)
Innovations in data can meet new demands
COVID-19 has placed unprecedented pressure for policies to be faster, flexible, and more accurately targeted.
Citizens increasingly expect policies to be more swift and reactive to changing conditions.
Real-time data streams are now more readily accessible (e.g., satellite data, economic data etc.)
Innovations in AI and ML algorithm technologies have increased prediction accuracy
There is value left on the table - the US gov could gain $1 trillion by better using data analytics*
Our award-winning dData product accurately nowcasts GDP and other performance indicators
Nowcasting predicts key economic indicators more:
Frequently
Immediately
Accurately
Visually
dData is already directly applicable to the objectives of existing public institutions
Nowcasting offers increased flexibility in incorporating data with different frequencies and update intervals
Real-time and accurate data critical to evaluating economic performance
Timely information foundational to responsive evidence-based policymaking
We predict real-time macro data more accurately, more quickly, and.. more scalably than ever before
Links 100,000s of alternative macro indicators such as market data and consumer sentiment
Employs cutting-edge data science models hyper-focused on accuracy
Provides a real-time "nowcasted" estimate
Hyper-local and real-time data streams
Our model provides a range of data granularities, from country-level GDP forecasts to neighborhood-level socioeconomic demographic information
Actionable visualizations
Our data streams can be connected to interactive visualizations, with access to raw underlying estimates
Highly scalable
Once dData is set up, incremental data feeds are easily available across geographies and indicators
Our proprietary AI learning system tailors 10K+ data sets to your unique needs
10K+ data sources
- Macro-economic performance
- Financial stocks
- Consumer sentiment
- Climate and weather
- Movement and traffic
Tailored to customer needs
- Unique user datasets
- Variables of interest
Our proprietary AI learning system
Our series of proprietary AI algorithm trains on the combined data sets, resulting in hyper-accurate "nowcasted" estimates across a variety of socioeconomic indicators and geographies
The Results
- Real-time data matters by enabling more timely and informed decision-making
- Our model is historically more accurate than existing estimates. In Q2 2020, our model identified the upcoming Armenian recession by better predicting slowing growth than existing data models.