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Algorithmically Derived Forecasts Provide a Stronger Foundation for Forward-Looking Financial Steering, Says Daimler Mobility-BCG Report

Daimler Mobility Taps into the Power of Algorithmic Forecasting

STUTTGART—Daimler Mobility has deployed an enriched, forward-looking approach to financial steering that helps it more effectively adjust to the ever-increasing levels of uncertainty in today’s business environment. The approach defines course corrections by analyzing algorithmically derived forecasts of the way key metrics will evolve over specific time horizons. Armed with foresight into how conditions will change, the company can take action to preempt unfavorable outcomes and promote competitive advantage. Daimler Mobility and Boston Consulting Group (BCG) discuss the model in a report, The Power of Algorithmic Forecasting, released today. The report is the first installment in a series titled “The Art of Forward-Looking Steering.”

Technology has enabled forward-looking steering in ways that were not possible even a few years ago. By automating and digitizing its forecasting processes, Daimler Mobility can rapidly generate forecasts about the future development of the most important factors influencing performance. The forecasts provide early guidance on the likely development of KPIs under different scenarios and on the impact these changes will have on future results. Decision makers can use this foresight to assess the attractiveness of alternative pathways that the company might take. As a result, they can make decisions to exploit opportunities and avoid adverse developments much faster than in the past. 

“To master the digital transformation, a company must take a comprehensive approach to algorithm-based forward-looking steering,” said Stephan Unger, Daimler Mobility’s chief financial officer. “This includes not only advanced analytical methods, new technologies, and the right expertise, but also an engaging approach to change management.”

Daimler Mobility’s algorithmically generated forecasts predict performance for the next 18 months for more than 50 business entities, each with approximately 100 KPIs. In 70% of its predictions, the statistical forecast has proved to be the same as or more accurate than experts’ judgment—and it achieved these results faster and with far less effort than the experts did.

“This success comes from a forecasting engine managed by data scientists in collaboration with business controllers and IT experts, as well as from a rigorously designed and executed transformation,” said Marc Rodt, a BCG partner, member of the firm’s Center for CFO Excellence, and report coauthor. “The effort has yielded foresight that enables the company to shape the future by preempting negative outcomes and exploiting new opportunities.”

Adopting an algorithm-based forward-looking steering model is not easy. Among the many challenges involved are assembling a team that has statistical capabilities, setting up a new technical infrastructure, and building people’s trust in technology. In subsequent publications in this series, as well as in a video presentation, Daimler Mobility and BCG will discuss how to meet those challenges.

A copy of the report can be downloaded here.

To arrange an interview with one of the authors, please contact Eric Gregoire at +1 617 850 3783 or

About Daimler Mobility

Daimler Mobility AG is responsible for the Daimler Mobility division, with 13,000 employees worldwide, and is active for the entire Daimler Group as a provider of financing, leasing, insurance and fleet-management services. Furthermore, Daimler Mobility is a strategic investor in mobility services such as FREE NOW, SHARE NOW, and Blacklane. Flexible service offerings, like Mercedes-Benz Rent (car rental) and Mercedes me Flexperience (a subscription solution), complete the mobility ecosystem. The company finances and leases every second vehicle from Daimler AG worldwide and plans to further increase this proportion. 


Die Boston Consulting Group (BCG) unterstützt führende Akteure aus Wirtschaft und Gesellschaft in partnerschaftlicher Zusammenarbeit dabei, Herausforderungen zu meistern und Chancen zu nutzen. Seit der Gründung 1963 leistet BCG Pionierarbeit im Bereich Unternehmensstrategie. Die Boston Consulting Group hilft Kunden, umfassende Transformationen zu gestalten: Die Beratung ermöglicht komplexe Veränderungen, eröffnet Wachstumschancen, schafft Wettbewerbsvorteile, verbessert die Kunden- und Mitarbeiterzufriedenheit und bewirkt so dauerhafte Verbesserungen des Geschäftsergebnisses.

Nachhaltiger Erfolg erfordert die Kombination aus digitalen und menschlichen Fähigkeiten. Die vielfältigen, internationalen Teams von BCG bringen tiefgreifende Expertise in unterschiedlichen Branchen und Funktionen mit, um Veränderungen anzustoßen. BCG verzahnt führende Management-Beratung mit Expertise in Technologie, Digital und Analytics, neuen Geschäftsmodellen und der übergeordneten Sinnfrage für Unternehmen. Sowohl intern als auch bei Kunden setzt BCG auf Gemeinschaft und schafft dadurch Ergebnisse, die Kunden nach vorne bringen. Das Unternehmen mit Büros in mehr als 90 Städten in über 50 Ländern erwirtschaftete weltweit mit 18.500 Mitarbeitern im Jahr 2018 einen Umsatz von 7,5 Milliarden US-Dollar. Weitere Informationen:

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