From Academic Research to Production-Ready AI
At RealMINT AI, we’ve always believed that the best solutions come from combining rigorous academic research with practical business needs. That philosophy guided our work when we set out to build Demandio, our AI-powered demand forecasting platform now serving major retailers and energy companies across Greece.
But building accurate forecasting models is only half the battle. The real challenge? Turning those models into actionable insights that business teams can trust and act upon.
That’s where RapidMiner came in.
The Challenge: Forecasting at Scale
When Masoutis approached us in 2023, they needed a system that could:
- Forecast demand for thousands of products across 100+ stores
- Account for seasonality, promotions, weather, and macroeconomic factors
- Deliver results that inventory managers could understand and act on
- Scale efficiently as their product catalog grew
Traditional statistical methods weren’t cutting it. We needed a platform that could handle complex machine learning workflows while remaining accessible to non-technical stakeholders.
Why RapidMiner?
After evaluating multiple options, we chose RapidMiner for several reasons:
- End-to-End Workflow: From data preprocessing to model deployment, everything happens in one platform
- Transparency: Business users can see exactly how predictions are generated
- Scalability: Handles large datasets without performance degradation
- Integration: Easily connects to existing data warehouses and business intelligence tools
Real-World Results
Since deploying Demandio with RapidMiner at its core, Masoutis has seen:
- Up to 20% reduction in safety stock while maintaining service levels
- Improved shelf availability across high-velocity SKUs
- Reduced waste from over-ordering perishable goods
- Faster decision-making with automated, daily forecast updates
Join Us at ATC Greece 2024
We’re excited to share more about this journey at ATC Greece 2024, taking place on September 27th at the Grand Hyatt Athens.
Speakers:
- Ioannis Vlahavas, Co-founder, RealMINT AI
- Eleftherios Kouloubris, Data Science Lead, RealMINT AI
- [Your Name], Co-founder & CEO, RealMINT AI
What You’ll Learn:
- How we structured our data pipeline for retail forecasting
- Which machine learning algorithms performed best for different product categories
- How we integrated promotional calendars and weather data
- Lessons learned from deploying AI in production environments
Register now: ATC Greece 2024 Registration
Whether you’re in retail, supply chain, or any data-driven industry, this session will give you practical insights you can apply to your own forecasting challenges.
