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Published by: IBS Center for Management Research
Published in: 2019
Length: 9 pages
Data source: Published sources

Abstract

The case study discusses the importance and challenges of forecasting at Uber. The company used its own Time Series data for forecasting. Time Series is a dataset containing values over a period of time. The time period could be seconds, minutes, hours, days, months, years, etc. Time Series data was analyzed using time series basics to forecast the demand for Uber cabs. Regression analysis was also used to forecast demand. The addition of different variables obtained from varied sources also lends credence to the analysis. The choice of variables for this analysis is important. Combining data from different sources to make the analysis actionable is a key insight.

Teaching and learning

This item is suitable for undergraduate, postgraduate and executive education courses.

Time period

The events covered by this case took place in 2014-2015.

Geographical setting

Region:
Americas
Country:
United States
Location:
New York City

Featured company

Uber Technologies, Inc
Employees:
10000+
Turnover:
USD 11.3 billion
Type:
Public company
Industry:
Transportation

About

Abstract

The case study discusses the importance and challenges of forecasting at Uber. The company used its own Time Series data for forecasting. Time Series is a dataset containing values over a period of time. The time period could be seconds, minutes, hours, days, months, years, etc. Time Series data was analyzed using time series basics to forecast the demand for Uber cabs. Regression analysis was also used to forecast demand. The addition of different variables obtained from varied sources also lends credence to the analysis. The choice of variables for this analysis is important. Combining data from different sources to make the analysis actionable is a key insight.

Teaching and learning

This item is suitable for undergraduate, postgraduate and executive education courses.

Settings

Time period

The events covered by this case took place in 2014-2015.

Geographical setting

Region:
Americas
Country:
United States
Location:
New York City

Featured company

Uber Technologies, Inc
Employees:
10000+
Turnover:
USD 11.3 billion
Type:
Public company
Industry:
Transportation

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