Predictive AI is particularly at home in the fields of artificial intelligence, big data, smart data and digital transformation.
The term predictive AI stands for forward-looking artificial intelligence. This technology utilises large amounts of data to make predictions about future events. Predictive AI enables companies to recognise patterns in their business and exploit trends at an early stage. It uses clever algorithms that learn from data that has already been collected and deduce what is likely to happen next.
A simple example: an online shop uses predictive AI to analyse the purchasing behaviour of its customers. The artificial intelligence recognises when and which products are particularly in demand. This allows the shop to replenish stock in good time and make targeted offers before demand increases.
Predictive AI helps to make better decisions and utilise resources efficiently. It is an important building block for digitalisation in companies and ensures that companies can react more quickly to changes. For example, predictive AI supports production, marketing and customer service with precise forecasts.