Current Situation
Forecasting and planning models are often done via spreadsheets and typically have variables deemed historically relent to minimize the strain on the forecaster or forecast team. However, unprecedented events can quickly break any forecast model and force timely rework.
Goals and Objectives
GenAI can be used to quickly create complex models and multivariate scenarios and GenAI can quickly adjust and rework models when presented with unprecedented events.
Technology Deployed
Enterprise hardware, personal devices, cloud, Big Data and analytics, mobile, applications, business consulting, cognitive technologies, and IoT
Use Case Summary
It refers to leveraging GenAI forecasting capabilities to create richer, more agile, and more robust models than you can without AI intervention.