Latest scientific methods at the AI Summit
Not only the participants of the AI-Inside Summit, but also a recent study on ‘Predictive Planning and Forecasting’ of BARC (2019) confirm that most experts in Sales Operations and Financial Departments realize the value of artificial intelligence in planning and budgeting. 65 % of the respondents hope for more reliable forecasts using deep artificial intelligence algorithms. They ask for an integrative CPM (‘Corporate Performance Management’) tool with an effective sales forecasting model, which can generate accurate and robust forecasting results. At the AI-Summit in Vienna latest findings and case studies as well as AI-usecases were presented. smartPM.solutions was on site to provide know-how and important insights about CPM software using artificial intelligence and machine learning to make forecasting fit for the future. A live demonstration of the Sales Performance Forecasting Solution based on different recent forecasting methods (e.g. Neural Networks) showed the unrivaled easy handling and precise results of the software.
It has been a very interesting day with a lot of input and exciting speeches covering areas like AI and machine learning in finance and accounting as well as controlling and of course a lot of output on knowledge transfer.
You can read more about the last event that we attended, the Unit4 FP&A City Tour 2019 here.