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Predicting Market Trends: How AI Transforms Business Forecasting

Written by Łukasz Koczwara | Dec 19, 2023 10:06:43 AM

Today, we face a fast-paced digital landscape with industries going through a rapid digital transformation fueled by the remarkable capabilities of Artificial Intelligence. AI has become a game-changer that revolutionizes business planning and forecasting in numerous sectors. Many companies have come to realize that traditional statistical modeling techniques are not well suited to handle the number of metrics and KPIs available for forecasting. On the other hand, AI has a wide range of uses in businesses, including aggregating business data. In this article, we’ll explore the topic of predictive analytics powered by the hottest technology of recent years – AI.