One example of an AI application in business intelligence (BI) is predictive analytics. By utilizing AI algorithms and machine learning models, organizations can analyze historical data to make accurate predictions about future trends and outcomes. This helps businesses make informed decisions and anticipate market changes, allowing them to stay ahead of the competition. AI-powered predictive analytics can be used in various industries, such as finance, marketing, and supply chain management, to drive strategic decision-making and improve overall business performance.
This mind map was published on 24 September 2024 and has been viewed 42 times.