Automatic Forecasting Systems
Software DevelopmentPennsylvania, United States2-10 Employees
Automatic Forecasting Systems is a software development company based in Hatboro, Pennsylvania, that focuses on automated forecasting solutions. Its flagship product, Autobox, automates the Box-Jenkins modeling process to build both univariate and multivariate forecasting models, integrating potential interventions and adjusting for omitted variables such as holidays or price changes. The approach includes determining lead/lag structures and addressing daily data nuances, aiming to deliver automatic, data-driven forecasts rather than relying on manual model selection. The company traces its roots to the 1970s and has positioned Autobox as a long-running forecasting tool used across various time series applications. In 2018, the group reported a corporate development indicating its acquisition by Kolbus Group, expanding its international footprint through its UK subsidiary and other overseas entities.
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