Technology Magazine February 2024 | Page 133

AI / ML
“ Integrating predictive analytics across operations and combining predictive power with human experience will drive business value . As a result , this technology will not only help prevent budget and schedule overruns , it will also lead to better line of sight into project success making it more likely for projects to proceed in the first place . This can , in turn , lead to better industry performance . It is safe to say that companies not leveraging these capabilities could be left behind by predictive pioneers .”
Butler meanwhile predicts that the most exciting trend in predictive analytics will be the power of AI across the entire data value chain . “ AI will help with data ingestion , wrangling and processing ,” he says . “ AI is creating customised visualisation for individual users at a scale the enterprise analytics teams could never do . Self-service analytics , powered by AI , displaying the appropriate insights in a manner perfectly fit for purpose is the idealised predictive analytics future that is slowly materialising .”
technologymagazine . com 133