Artificial Intelligence (AI) with reference to predictive analytics plays a key role in the next generation of management. Decision Management platform uses AI and predictive analytics to produce intelligent solutions across all industries and their respective applications.
Implementation of AI in Management Applications increases the performance as mentioned below:
• It quickly discovers and deploys and then executes and manage predictive models with reference to business tools.
• It predicts scores in real time or batch mode
• It establishes a common IT development and deployment framework
• It uses data to discover and gain better business logic and implementation of the predictive models.
Decision making Management using AI:
Artificial Intelligence is visual and easy-to-use which allows everyone in the organization to understand how the important decisions are being made or to be taken in reference to the applications like Risk, Compliance, Fraud, Pricing, and Configuration.
AI-based Application Platform
Applications that are suitable for AI and predictive analytics using a Decision Management platform include:
• Manufacturing and Utilities
• Health Care