The use of artificial intelligence (AI) has increased rapidly, accelerating during the pandemic. Machine learning, deep learning algorithms and models process massive amounts of data to enable faster, smarter, and better decision-making. As a result, tech-enabled forecasting holds enormous promise for the financial industry which has long been the steward of massive data sets.
Business leaders recognise the importance of data tailored to each function and the role analytics tools play in leveraging data. In this context, data-driven decision-making analytics software inherently provides a competitive advantage.
Advancements in data, analytics and machine learning mean that businesses with large amounts of data have an incredible opportunity to capitalise on it. However, they must do so with an eye toward scale, change management and a curiosity culture.
Data-driven decision…
