Wikipedia Draft:Forecasty

Forecasty.AI is a German software startup that develops Deep Tech products for forecasting, e.g. of commodity prices. Its main product is Commodity Desk, a dashboard visualizing forecasts for the future development of commodity prices of e.g. gold, obtained from Machine Learning and Deep Learning models.

History
In 2020, Forecasty was started inside Chemovator, the incubator of BASF by Rahul Kalippurayil Moozhipurath and Sudhir Patil. The first pilot customers included Airbus and SpaceX. The current founder setup includes Rahul, Ralph Debusmann and Peter Müller.

Use Cases
The use cases of Forecasty's main product Commodity Desk are primarily in commodity procurement and trading. The aim of Commodity Desk is to help e.g. the procurement departments of companies to take better decisions as to the best point in time for procurement. As a result, companies buying or selling commodities can save/earn money compared to taking decisions based only on gut feeling and manual market data traversal.