QuickBooks gets supported!

We are proud to announce that Lokad Desktop Sales Forecasting is now supporting QuickBooks 5.0+. We have also published a small tutorial dedicated to the setup of Lokad Desktop with QuickBooks.

www.lokad.com is down - fix is under way (FIXED)

Due to technical issues with our hosting provider, Lokad.com is currently down. We hope to be able to fix the problem within a few hours. We apologize the service disruption.  (UPDATE) The problem is now fixed.

Failing at forecasting Sin(x) and Cos(x)

We have been asked if Lokad was capable to forecast a time-series defined by a simple mathematical function, defined for example by f(x) = 1/x Sin(x+1) ? The answer is NO, I will even say that Lokad will miserably fails at forecasting polynomials and trigonometric expressions. When succeeding on toy maths means failing on real-world Lokad fails on toy mathematical expressions because it’s a totally different situation compared to real-world business time-series such as sales, call volumes or market prices.

New customer-friendly terms and conditions

We are very proud of our rock-bottom prices for our business forecasting services. Still unconvinced that Lokad is deadly cheap? Then I suggest you hire a consultant for a market study to check whether or not it exists a cheaper solution on the market :-). Warning: this advice may cost you more than 10 years of Lokad services. Yet, thinking again about our prices, it did appear to us that our terms and conditions were obscure somehow.

Notes about concurrent time-series (i.e. multi-parameters)

An interesting question has been raised on the ADempiere wiki page about Lokad: does Lokad support multi-parameters time-series? Well, the answer is somehow. In order to answer the question, we need first to clarify the situation. Intuitively a multi-parameters serie can be represented as a list of values [A(t), B(t) …. Z(t)]; the variables A, B … Z being dependent of the time value t but also dependent of the other variables.

Lokad Desktop Sales Forecasting v1.0 released

We have released today Lokad Desktop Sales Forecasting v1.0. Get sales forecasts integrated into your favorite accounting/commerce/ERP application. Lokad Desktop comes with an extended application support compared to Lokad ASP.Net Sales Forecasting. Supported applications include  (new) ADempiere AspDotNetStoreFront Commerce Starter Kit (new) Compiere Mediachase eCommerce Framework (new) Microsoft Dynamics POS (Point Of Sales) (new) Microsoft Dynamics RMS (Retail Management System) .netCART (new) osCommerce (new) SmileHouse Workspace XSE.NET With Lokad Desktop, the sales forecasts can be easily transfered into an other spreadsheet application (such as Microsoft Excel) through copy & paste.

Extended application support for sales forecasting

Lokad already supports half a dozen of eCommerce applications, but we are currently extending our application support spectrum. We have started to work on the following applications Microsoft Dynamics POS Microsoft Dynamics RMS osCommerce QuickBooks SmileHouse / Wosbee Those applications will, most probably, be supported through the Lokad Desktop Sales Forecasting, that will be released soon (March 2007).

Community website migrated to community.lokad.com

Update your bookmarks, we have just migrated our community website to community.lokad.com. This migration was basically a switch from WetPaint to ScrewTurn. Although the Wetpaint look&feel was appealing, it turned up to be a really impractical choice for Lokad, forcing to us to move the content to another wiki platform.

Lokad OpenShell v1.0 released (PowerShell snap-in)

We have just released Lokad OpenShell v1.0 an open source snap-in for Microsoft PowerShell (BSD license). Featured CmdLets provide time-series forecasting algorithms. Technically, Lokad OpenShell interacts with our Web Services. Lokad OpenShell has been developed in order to facilitate RAD approaches (Rapid Application Development) while integrating the Lokad forecasting technology into your business operations or into your business systems. CmdLets featured in v1.0 include Add-TimeValue Add a time-value to an existing time-serie

Lokad Sales Forecasting for ASP.Net eCommerce applications

We have just released Lokad Sales Forecasting for ASP.Net v1.0. This product is a small add-on to be integrated into your existing eCommerce platform. It allows you to synchronize the sales data of your eCommerce platform with your Lokad account and features integrated sales forecasts reports (daily, weekly or monthly forecasts). Lokad for ASP.Net is released under an open source BSD license. The version 1.0 already supports several eCommerce applications, namely

A sandbox to play with Lokad

The Lokad sandbox had been around for a while, but we have finally decided to make it widely accessible. Basically, the sandbox is just a replicate of our production website. The sandbox can be seen as “Free Edition” of Lokad targeting community developers. If you are interested by integrating the Lokad forecasting technology into your favorite application, the sandbox will be available for free no matter the subscription plan that you need.

Lokad Web Services and interoperability

Release of tutorials for Web Services in Java, C#.NET and PHP In a recent entry on this blog, we announced the release of a tutorial on Lokad Web Services in C#. Studies of programming language market shares suggest that the most popular web languages are Java, C#.NET and PHP; so we had decided to provide tutorials for this three languages. We have just released tutorials for Web Services in Java and PHP, as well as an update of the C#.

New community wiki for the open source initiatives

Lokad is currently developing several add-ons for 3rd party integrations (namely osCommerce, Commerce Starter Kit and PowerShell). We have finally decided to gather all those projects into a single Sourceforge.net project space. No release at this point, but all the source code is freely available under BSD license in the Subversion repository of this project. Based on the Seomoz’s Web 2.0 awards, we have decided to host our community wiki on WetPaint.

Lokad pricing revised

In order to be more competitive on the webshop market, Lokad has revised its prices. All base prices have been lowered. Existing customers will benefits from the new prices starting from today. The new prices are available from our Pricing page.

Sales forecasting for osCommerce - pre-release program

We have started to work a sales forecasting module that will integrate the Lokad forecasting technology within osCommerce, a major open source webshop application (with more than 10,000 shops worldwide). Sales forecasts are used to improve the inventory planning, the ultimate goal being to have “just enough” inventory to match the customer demand. If you’re interested in having sales forecasting integrated within your osCommerce application, register now. Customers that register to be notified of the Lokad osCommerce integration release will be awarded 6 months of free Lokad services.

Missing time-series vs. Empty time-series

Lokad is about time-series forecasting, but as simple as the time-series model may seem to be (after all a time-series is nothing more than a list of time-value pairs), there are several subtleties in the way to manage time-series. In this post, we will see how the Lokad time-series model distinguishes missing time-value pairs from empty time-value pairs. Since the topic is slightly complex, I would suggest, if you’re not familiar the Lokad technology, to have a look at our User Guide (in particular, the Forecasting tasks section).

Web Services Tutorial in C# (again)

We have just updated the Lokad website. The new version comes with an extensive tutorial to work with our Web Services in C#. Through this tutorial, you will learn how to perform programmatically the basic operations associated to your Lokad account (time-series and forecasts management). In case .Net/C# is not your preferred platform, don’t worry. We have already planned to translate this tutorial for Java and PHP. Btw, Happy New Year 2007

Web Services Tutorial in C#

The Lokad Web Services provide a programmatic access to all the Lokad features. Accessing the Lokad Web Services is easy and straighforward. We have just released a 100 lines .Net project that illustrates how to perform a full round-trip with our Web Services; first uploading some time-series data and finally retrieving forecasted time-series. The source-code is available on CodePlex under a BSD license http://www.codeplex.com/lokad/Release/ProjectReleases.aspx?ReleaseId=1342  An extensive tutorial explaining every line of this project is under way.

Open source initiatives for Lokad integration

Currently Lokad is essentially an hosted solution relying on closed source software; but this situation is likely to evolve since we have already started to work on various applications that will be released under BSD license (the BSD license is an open source license compatible with closed-source commercial applications). Integrating Lokad into existing applications Lokad provides time-series forecasts; in order to leverage most of the added-value of those forecasts, an integration of Lokad within the company systems (ERP, CRM, SCM among other) is usually required.

Upcoming Lokad User Guide

I have almost finished to write the Lokad User Guide. In case you might be interested, I have pasted below the table of content of this guide. Stay tuned for the release. Meantime you can contact us directly, we will do our best to answer your questions. Lokad, User guide Preface Who should read this guide? What is the content of this guide? Table of contents Time-series forecasting applied to business What is a time-series?