The AI in Business Podcast cover image

The AI in Business Podcast

Leveling Up from Business Intelligence with Forecasting - to Ramprakash Ramamoorthy of Zoho

Dec 14, 2021
23:23
Snipd AI
Explore the shift to forecasting in business intelligence with AI integration. Learn about anomaly detection, machine learning in financial services, and challenges of integrating AI. Discover the importance of simplicity and AI integration in business tools.
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Podcast summary created with Snipd AI

Quick takeaways

  • Transitioning from BI to proactive forecasting involves effective data structuring and leveraging machine learning.
  • AI revolutionizes anomaly detection and forecasting by considering multiple factors, enhancing decision-making and user confidence.

Deep dives

Delineating Business Intelligence and Forecasting

Distinguishing between business intelligence and forecasting is crucial. While real-time data on dashboards aids decision-making, forecasting future trends provides a significant business advantage. Transitioning from reactive BI applications to proactive forecasting, like Zoho did, involves structuring data effectively and leveraging machine learning.

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