AI-Based Predictive Analytics Frameworks for Data-Driven Organizations

  • Authors

    • Dr. Pooja Agarwal Professor, Aligarh Muslim University, India. Author
    • Dr. Rakesh Chandra Associate Professor, University of Calcutta, India. Author

    DOI:

    https://doi.org/10.67228/3142788X/IJMLPA-2024PI6K3D

    Published 05-05-2024

  • Artificial Intelligence, Predictive Analytics, Machine Learning, Data-Driven Organizations, Business Intelligence, Deep Learning, Forecasting Models, Decision Support Systems

    Issue

    Vol. 7 No. 1 (2024)

    Section

    Articles

    How to Cite

    [1]
    P. Agarwal and R. Chandra, “AI-Based Predictive Analytics Frameworks for Data-Driven Organizations”, IJMLPA, vol. 7, no. 1, pp. 01–15, May 2024, doi: 10.67228/3142788X/IJMLPA-2024PI6K3D.

  • Abstract

    AI-powered predictive analytics has emerged as a critical tool for modern organizations, enabling data-driven decision-making and strategic planning through the analysis of large-scale structured and unstructured data. By integrating machine learning, deep learning, natural language processing, and optimization techniques, predictive analytics frameworks can identify patterns, forecast future outcomes, and reduce organizational risks. This study presents a comprehensive framework that includes data acquisition, preprocessing, feature engineering, predictive modeling, evaluation, and decision support. The framework emphasizes data quality, computational efficiency, algorithm selection, and model interpretability. Applications across finance, healthcare, manufacturing, retail, and supply chain management demonstrate the effectiveness of AI in improving forecasting accuracy and operational performance. Comparative analysis shows that AI-based models outperform traditional statistical methods in accuracy, adaptability, scalability, and decision support. The study also highlights the role of explainable AI in enhancing transparency and trust, concluding that predictive analytics is a key enabler of intelligent enterprises and future data-driven innovation.

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