Artificial Intelligence In Forecasting

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Artificial Intelligence In Forecasting
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Author : Sachi Mohanty
language : en
Publisher: CRC Press
Release Date : 2024-07-19
Artificial Intelligence In Forecasting written by Sachi Mohanty and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-07-19 with Computers categories.
Forecasting deals with the uncertainty of the future. To be effective, forecasting models should be timely available, accurate, reliable, and compatible with existing database. Accurate projection of the future is of vital importance in supply chain management, inventory control, economic condition, technology, growth trend, social change, political change, business, weather forecasting, stock price prediction, earthquake prediction, etc. AI powered tools and techniques of forecasting play a major role in improving the projection accuracy. The software running AI forecasting models use machine learning to improve accuracy. The software can analyse the past data and can make better prediction about the future trends with higher accuracy and confidence that favours for making proper future planning and decision. In other words, accurate forecasting requires more than just the matching of models to historical data. The book covers the latest techniques used by managers in business today, discover the importance of forecasting and learn how it's accomplished. Readers will also be familiarised with the necessary skills to meet the increased demand for thoughtful and realistic forecasts.
Forecasting With Artificial Intelligence
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Author : Mohsen Hamoudia
language : en
Publisher: Springer Nature
Release Date : 2023-09-20
Forecasting With Artificial Intelligence written by Mohsen Hamoudia and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-09-20 with Business & Economics categories.
This book is a comprehensive guide that explores the intersection of artificial intelligence and forecasting, providing the latest insights and trends in this rapidly evolving field. The book contains fourteen chapters covering a wide range of topics, including the concept of AI, its impact on economic decision-making, traditional and machine learning-based forecasting methods, challenges in demand forecasting, global forecasting models, meta-learning and feature-based forecasting, ensembling, deep learning, scalability in industrial and optimization applications, and forecasting performance evaluation. With key illustrations, state-of-the-art implementations, best practices, and notable advances, this book offers practical insights into the theory and practice of AI-based forecasting. This book is a valuable resource for anyone involved in forecasting, including forecasters, statisticians, data scientists, business analysts, or decision-makers.
Machine Learning For Time Series Forecasting With Python
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Author : Francesca Lazzeri
language : en
Publisher: John Wiley & Sons
Release Date : 2020-12-03
Machine Learning For Time Series Forecasting With Python written by Francesca Lazzeri and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-12-03 with Computers categories.
Learn how to apply the principles of machine learning to time series modeling with this indispensable resource Machine Learning for Time Series Forecasting with Python is an incisive and straightforward examination of one of the most crucial elements of decision-making in finance, marketing, education, and healthcare: time series modeling. Despite the centrality of time series forecasting, few business analysts are familiar with the power or utility of applying machine learning to time series modeling. Author Francesca Lazzeri, a distinguished machine learning scientist and economist, corrects that deficiency by providing readers with comprehensive and approachable explanation and treatment of the application of machine learning to time series forecasting. Written for readers who have little to no experience in time series forecasting or machine learning, the book comprehensively covers all the topics necessary to: Understand time series forecasting concepts, such as stationarity, horizon, trend, and seasonality Prepare time series data for modeling Evaluate time series forecasting models’ performance and accuracy Understand when to use neural networks instead of traditional time series models in time series forecasting Machine Learning for Time Series Forecasting with Python is full real-world examples, resources and concrete strategies to help readers explore and transform data and develop usable, practical time series forecasts. Perfect for entry-level data scientists, business analysts, developers, and researchers, this book is an invaluable and indispensable guide to the fundamental and advanced concepts of machine learning applied to time series modeling.
Business Forecasting
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Author : Michael Gilliland
language : en
Publisher: John Wiley & Sons
Release Date : 2021-05-11
Business Forecasting written by Michael Gilliland and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-05-11 with Business & Economics categories.
Discover the role of machine learning and artificial intelligence in business forecasting from some of the brightest minds in the field In Business Forecasting: The Emerging Role of Artificial Intelligence and Machine Learning accomplished authors Michael Gilliland, Len Tashman, and Udo Sglavo deliver relevant and timely insights from some of the most important and influential authors in the field of forecasting. You'll learn about the role played by machine learning and AI in the forecasting process and discover brand-new research, case studies, and thoughtful discussions covering an array of practical topics. The book offers multiple perspectives on issues like monitoring forecast performance, forecasting process, communication and accountability for forecasts, and the use of big data in forecasting. You will find: Discussions on deep learning in forecasting, including current trends and challenges Explorations of neural network-based forecasting strategies A treatment of the future of artificial intelligence in business forecasting Analyses of forecasting methods, including modeling, selection, and monitoring In addition to the Foreword by renowned researchers Spyros Makridakis and Fotios Petropoulos, the book also includes 16 "opinion/editorial" Afterwords by a diverse range of top academics, consultants, vendors, and industry practitioners, each providing their own unique vision of the issues, current state, and future direction of business forecasting. Perfect for financial controllers, chief financial officers, business analysts, forecast analysts, and demand planners, Business Forecasting will also earn a place in the libraries of other executives and managers who seek a one-stop resource to help them critically assess and improve their own organization's forecasting efforts.
Computational Intelligence In Time Series Forecasting
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Author : Ajoy K. Palit
language : en
Publisher: Springer Science & Business Media
Release Date : 2005-07-01
Computational Intelligence In Time Series Forecasting written by Ajoy K. Palit and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-07-01 with Computers categories.
Foresight in an engineering business can make the difference between success and failure, and can be vital to the effective control of industrial systems. The authors of this book harness the power of intelligent technologies individually and in combination.
Intelligent Systems And Financial Forecasting
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Author : Jason Kingdon
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Intelligent Systems And Financial Forecasting written by Jason Kingdon and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Computers categories.
A fundamental objective of Artificial Intelligence (AI) is the creation of in telligent computer programs. In more modest terms AI is simply con cerned with expanding the repertoire of computer applications into new domains and to new levels of efficiency. The motivation for this effort comes from many sources. At a practical level there is always a demand for achieving things in more efficient ways. Equally, there is the technical challenge of building programs that allow a machine to do something a machine has never done before. Both of these desires are contained within AI and both provide the inspirational force behind its development. In terms of satisfying both of these desires there can be no better example than machine learning. Machines that can learn have an in-built effi ciency. The same software can be applied in many applications and in many circumstances. The machine can adapt its behaviour so as to meet the demands of new, or changing, environments without the need for costly re-programming. In addition, a machine that can learn can be ap plied in new domains with the genuine potential for innovation. In this sense a machine that can learn can be applied in areas where little is known about possible causal relationships, and even in circumstances where causal relationships are judged not to exist. This last aspect is of major significance when considering machine learning as applied to fi nancial forecasting.
Machine Learning Techniques For Space Weather
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Author : Enrico Camporeale
language : en
Publisher: Elsevier
Release Date : 2018-05-31
Machine Learning Techniques For Space Weather written by Enrico Camporeale and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-05-31 with Science categories.
Machine Learning Techniques for Space Weather provides a thorough and accessible presentation of machine learning techniques that can be employed by space weather professionals. Additionally, it presents an overview of real-world applications in space science to the machine learning community, offering a bridge between the fields. As this volume demonstrates, real advances in space weather can be gained using nontraditional approaches that take into account nonlinear and complex dynamics, including information theory, nonlinear auto-regression models, neural networks and clustering algorithms. Offering practical techniques for translating the huge amount of information hidden in data into useful knowledge that allows for better prediction, this book is a unique and important resource for space physicists, space weather professionals and computer scientists in related fields. - Collects many representative non-traditional approaches to space weather into a single volume - Covers, in an accessible way, the mathematical background that is not often explained in detail for space scientists - Includes free software in the form of simple MATLAB® scripts that allow for replication of results in the book, also familiarizing readers with algorithms
The Economics Of Artificial Intelligence
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Author : Ajay Agrawal
language : en
Publisher: University of Chicago Press
Release Date : 2024-03-14
The Economics Of Artificial Intelligence written by Ajay Agrawal and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-03-14 with Business & Economics categories.
A timely investigation of the potential economic effects, both realized and unrealized, of artificial intelligence within the United States healthcare system. In sweeping conversations about the impact of artificial intelligence on many sectors of the economy, healthcare has received relatively little attention. Yet it seems unlikely that an industry that represents nearly one-fifth of the economy could escape the efficiency and cost-driven disruptions of AI. The Economics of Artificial Intelligence: Health Care Challenges brings together contributions from health economists, physicians, philosophers, and scholars in law, public health, and machine learning to identify the primary barriers to entry of AI in the healthcare sector. Across original papers and in wide-ranging responses, the contributors analyze barriers of four types: incentives, management, data availability, and regulation. They also suggest that AI has the potential to improve outcomes and lower costs. Understanding both the benefits of and barriers to AI adoption is essential for designing policies that will affect the evolution of the healthcare system.
Machine Learning Methods For Signal Image And Speech Processing
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Author : M.A. Jabbar
language : en
Publisher: CRC Press
Release Date : 2022-09-01
Machine Learning Methods For Signal Image And Speech Processing written by M.A. Jabbar and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-09-01 with Science categories.
The signal processing (SP) landscape has been enriched by recent advances in artificial intelligence (AI) and machine learning (ML), yielding new tools for signal estimation, classification, prediction, and manipulation. Layered signal representations, nonlinear function approximation and nonlinear signal prediction are now feasible at very large scale in both dimensionality and data size. These are leading to significant performance gains in a variety of long-standing problem domains like speech and Image analysis. As well as providing the ability to construct new classes of nonlinear functions (e.g., fusion, nonlinear filtering). This book will help academics, researchers, developers, graduate and undergraduate students to comprehend complex SP data across a wide range of topical application areas such as social multimedia data collected from social media networks, medical imaging data, data from Covid tests etc. This book focuses on AI utilization in the speech, image, communications and yirtual reality domains.
Application Of Artificial Intelligence In Forecasting
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Author : Albert Annor Antwi
language : en
Publisher:
Release Date : 2019
Application Of Artificial Intelligence In Forecasting written by Albert Annor Antwi and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with categories.
Purpose:- The aim of this reach is to identify how Artificial Intelligence (AI) could be used in enhancing forecasting to achieve more accurate outcomes. The research also explores the influence that forecasting has on global economy and the reasons why it needs to be accurate. Also, the research explains various pitfalls identified in forecasting. Method:- This research implements two research approaches which are review of literature and formulation of hypotheses. Seven hypotheses are created. Findings:- AI, when integrated with other technologies such as Machine Learning (ML) and when provided with the right computer power, yields much more accurate results than many other forecasting methods. The technology is costly, however, and it is prone to cyber-attacks. Conclusion:- The future of business is highly reliant on forecasting, which directly impacts the global economy. But, not every business will have the power to own the forecasting technology due to the cost, and business will need to increase security to protect the forecasting systems.