When it comes to leveraging the top artificial intelligence trends, businesses often rely on predictive analytics to make informed decisions. It is one of the most impactful and emerging trends in artificial intelligence, helping businesses optimize inventory, improve delivery times, reduce operation costs, and ultimately increase sales and revenues.
For instance, using predictive analytics in the manufacturing industry, users can better predict unexpected machine failures and stay safe from costly breakdowns. The predictive maintenance algorithms deploy constant data collection to forecast equipment failures before they occur. Due to dropped sensor costs, edge computing, and edge AI, predictive maintenance is now more widely available for use.
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