"Our collaboration with Dataminds was based on creating a cost forecast using data science in connection with budgeting. We had attempted to make a similar forecast ourselves but couldn't achieve it, as we didn't have the right competencies and experience at that time. We chose Dataminds partly because of their experience with statistical forecasting and partly because of their ability to be present 'on-site' with us. This gave us the opportunity to be close to the process.

The collaboration has worked well, and we haven't had major needs to change course along the way. We have been used to solving these types of tasks in-house, where there is a pre-existing implicit knowledge of our data. There haven't been many iterations, which has been positive. The collaboration lived up to expectations.

The form of collaboration with Dataminds allows for ongoing sparring and development, which fits well with JYSK."

 

Anders Sylvest, Director, Controlling and loss prevention, Finance Nordic, JYSK