AI-Driven Predictive Analytics for Business Forecasting and Decision Making

Abstract

"Artificial Intelligence (AI) has become instrumental in reshaping business forecasting and decision-making processes. This study delves into the integration and impact of AI-driven predictive analytics systems within these domains. Through qualitative and quantitative analysis, the research assesses the deployment of AI-powered predictive analytics for enhancing business forecasting and decision-making capabilities. Results demonstrate improved accuracy in predictions, faster decision cycles, and enhanced strategic insights. However, challenges related to data quality and interpretability of AI-driven models also surface. These findings underscore the evolving role of AI in augmenting predictive analytics and decision-making processes in business contexts. The discussion explores future directions to address issues of model transparency and trust as AI adoption accelerates.