Time series forecasting has been performed for decades in both science and industry. The forecasting models have evolved steadily over time. Statistical methods have been used for many years and were later complemented by neural network approaches. Currently, hybrid approaches are increasingly presented, aiming to combine both methods’ advantages. These hybrid forecasting methods could lead to more accurate predictions and enhance and improve visual analytics systems for making decisions or for supporting the decision-making process. In this work, we conducted a systematic literature review using the PRISMA methodology and investigated various hybrid forecasting approaches in detail. The exact procedure for searching and filtering and the databases in which we performed the search were documented and supplemented by a PRISMA flow chart. From a total of 1435 results, we included 21 works in this review through various filtering steps and exclusion criteria. We examined these works in detail and collected the quality of the prediction results. We summarized the error values in a table to investigate whether hybrid forecasting approaches deliver better results. We concluded that all investigated hybrid forecasting methods perform better than individual ones. Based on the results of the PRISMA study, the possible applications of hybrid prediction approaches in visual analytics systems for decision making are discussed and illustrated using an exemplary visualization.

This article looks at the current and future roles of information visualization, semantics visualization, and visual analytics in policy modeling. Many experts believe that you can't overestimate visualization's role in this respect.

The awareness of emerging trends is essential for strategic decision making because technological trends can affect a firm’s competitiveness and market position. The rise of artificial intelligence methods allows gathering new insights and may support these decision-making processes. However, it is essential to keep the human in the loop of these complex analytical tasks, which, often lack an appropriate interaction design. Including special interactive designs for technology and innovation management is therefore essential for successfully analyzing emerging trends and using this information for strategic decision making. A combination of information visualization, trend mining and interaction design can support human users to explore, detect, and identify such trends. This paper enhances and extends a previously published first approach for integrating, enriching, mining, analyzing, identifying, and visualizing emerging trends for technology and innovation management. We introduce a novel interaction design by investigating the main ideas from technology and innovation management and enable a more appropriate interaction approach for technology foresight and innovation detection.