Forecasting and Data Analysis with Artificial Intelligence

In the era of digital transformation, artificial intelligence (AI) has become an essential component of business processes. IBM Planning Analytics integrates AI to enhance forecasting and data analysis capabilities.

AI Capabilities in IBM Planning Analytics for Forecasting:

• Automatic Model Creation: Automatically generates forecasting models based on historical data and current trends.
• Natural Language Processing: Analyzes textual data to deliver deeper insights.
• Adaptive Learning: Continuously improves forecasting accuracy over time.

How the System Helps Identify Trends and Make Informed Decisions: With AI, IBM Planning Analytics uncovers hidden patterns, predicts future events, and suggests optimal solutions. This gives businesses a competitive edge and helps them adapt quickly to market changes.

Real-Life Use Cases of AI in Business: Novolex reduced its forecasting process from six weeks to less than one by utilizing AI-powered features in IBM Planning Analytics.

By incorporating AI into forecasting and data analysis, businesses in Kazakhstan can make more informed decisions, boost efficiency, and adapt to the rapidly changing market dynamics.