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15 Best AI Forecasting Tools [2024]

AI forecasting tools are software applications that utilize artificial intelligence to predict future outcomes based on historical data and other factors.

Use cases:

  • Financial forecasting: AI forecasting software can help financial institutions make informed decisions about investments, stock prices, and risk management based on historical data.
  • Sales forecasting: Sales teams can use AI forecasting tools to predict future sales and plan inventory, staffing, and marketing efforts accordingly.
  • Supply chain forecasting: AI forecasting can help businesses predict demand for products and optimize their supply chain accordingly, reducing waste and improving efficiency.
  • Weather forecasting: Meteorologists can use AI forecasting tools to analyze data from weather sensors and satellites to predict future weather patterns and provide accurate forecasts.

Users in various industries, including finance, sales, supply chain management, and meteorology, can benefit from using AI forecasting software to make data-driven decisions and improve their operations.