Market Overview

Boeing Selects Forecast International's Platinum Forecast System® for Market Research Needs

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NEWTOWN, Conn., Aug. 27, 2018 (GLOBE NEWSWIRE) -- For many years, Forecast International's online services have been a mainstay research source within the Aviation, Space, Military Electronics, Weapons Systems and Power Systems industries.  Now, Forecast International reports that with the advent of Version 4.0, its patent pending Platinum Forecast System® has come fully of age and is being actively sought by major players throughout the world's Aerospace and Defense industries.  Just this week, The Boeing Company elected to upgrade to the Platinum Forecast System, citing the system's drill-down capabilities and customizable attributes as particularly impressive features that led the giant aerospace manufacturer to recognize the value of this breakthrough Market Analysis and Forecasting system.

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Ray Peterson, Vice President of Research and Editorial Services at Forecast International, stated, "We are excited at the rapidly growing acceptance of the Platinum Forecast System as the #1 source for accurate and meaningful data by companies and governments around the world.  Our IT section, headed by Mark Waldorf and backed by Chief Programmer Elisabeth Zander, has done a brilliant job of developing this system, and with the advent of Version 4.0 and its many new state-of-the-art features, has brought it to a high degree of maturity.  The decision by the world's largest aerospace manufacturer to upgrade to Platinum is an affirmation of the confidence that is now being placed in the system.  There is no other forecasting system with its advanced capabilities, and we are continuing to expand coverage with additional modules.  An important new module, Airborne Retrofit and Modernization Forecast, will be introduced soon."  

For those not familiar with the Platinum system, it comprises a powerful relational database that accepts data continually from Forecast International's staff of analysts.  Unlike previous systems, in which data is current only as of the date that it has been posted to the Internet, Platinum provides virtually instant response with current data.  It sits directly on the Internet, and clients have interactive access to and control of data within minutes after it has been entered into the database.  To place this into perspective, if one of FI's analysts updates a forecast or other data, the system recalculates all aspects and places the data in the hands of a client thousands of miles away within minutes.  Many large organizations receive Platinum via an exclusive Web Portal, with unlimited access by specified employees.

Version 4.0 now comprises 26 modules, providing intricate detail on 77 Industry Market Segments and over 2,000 individual programs!  Responses to client queries are in the form of graphics, backed up by hundreds of tables, spreadsheets, and written documents, as well as breaking news related to industry developments.  The system provides both historical and long-range forecast data.


About Forecast International

Forecast International, Inc. is a leading provider of Market Intelligence and Consulting in the areas of aerospace, defense, power systems and military electronics. Based in Newtown, Conn., USA, the company specializes in long-range industry forecasts and market assessments used by strategic planners, marketing professionals, military organizations, and governments worldwide. Forecast International also maintains a high posture of situational awareness and geopolitical analysis.

 

Attachments

Ray Peterson
Forecast International
203 426-0800
ray.peterson@forecast1.com

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