Ai Forecast

Forecasting is a specialized area of corporate controlling focused on predicting business performance metrics. AI (Artificial Intelligence) refers to the capability of a program to solve given problems using algorithms.

For the implementation of the project, three primary tools were utilized:

- Snowflake for processing and storing the data.

- VSCode for AI development using Python.

- Power BI for data visualization.

Data is loaded into the AI using Python. A neural network was developed to generate comparison values based on historical data. These comparison values were used to measure the AI's accuracy, determined using the MAPE (Mean Absolute Percentage Error) metric. Once the target accuracy was achieved, the AI was tasked with projecting future outcomes.

Through seamless machine computation of forecast values, businesses gain the ability to create lightning-fast predictions. This evolution shifts the controller’s role from tedious calculations to the exciting interpretation and evaluation of data. The result is data-driven decisions that shape a company's future.

Welcome to the era of intelligent controlling—where data is not just numbers but the key to groundbreaking decisions.