Note: Veracity has expanded its ability to serve the national defense by becoming part of Systems Planning and Analysis, a larger company with resources for exponential growth. We are excited to take the power and versatility of our Decision Support services to a new and higher level of serving the nation’s good.
I started Veracity Forecasting and Analysis (acquired by SPA in 2019) to provide customers with Decision Support services of the highest possible quality. Like anyone who starts a new business, I had particular reasons for wanting to do so. In Veracity’s case, I knew what I wanted, based in what I had learned and observed from my time as an analyst.
Before founding Veracity, I had spent many years supporting US Naval Aviation in various analytical and operational capacities. This experience led to my certainty that aviation inventory planning and resource forecasting could be made more accurate. My background in modeling and simulation enabled me to design an architecture for a software solution based on forecasting techniques that go well beyond standard linear analysis.
The success of the Aircraft Inventory Module, as it came to be known, allowed me to make a business out of forecasting and analysis beginning in 2012. I worked independently at first, but soon recruited the brilliant Michael Webb to build our first software prototype. One thing I always make clear is that I don’t compromise on the quality of staff I hire. If I know I’m getting the best, our customers get the best, too.
After that first hire, Veracity grew to a solid core of 40+ technical subject matter experts, any one of whom I would put up against the best minds in Decision Support analytics. They share my unyielding commitment to accuracy and rigor, and they approach every project with tenacity and intellectual drive. As part of a larger organization now, we help round out SPA’s historically excellent offering with decision support for aviation inventory management. My challenge as the Veracity Forecasting Group’s Technical Director, one I relish, is to ensure that each analytical product we send to our customers is the best and most insightful work they’ve ever received.
Mike Macedonia, Ph.D., is an SPA Vice President and Veracity Forecasting Group’s Technical Director. He is the solution architect and lead systems integrator for the NST process. NST, originally created as the Naval Synchronization Toolset, has developed into a decision support process that saves tens of millions of dollars for customers in multiple U.S. military services. Before founding Veracity, Mike served as Director of Technology for the National Center for Defense Robotics in Pittsburgh, PA, and for 7 years before that was a Project Manager with the Center for Naval Analyses in Alexandria, VA. He earned a B.S. in chemical engineering from Carnegie Mellon University in 1995 and a Ph.D. in chemical engineering from the University of Notre Dame in 2000. Mike and his family reside in Pittsburgh, PA.