Data Driven Predictive Analytics for Strategic Decision-Making and Innovation
- DOI
- 10.2991/978-94-6463-858-5_29How to use a DOI?
- Keywords
- Random Forest; data-driven; organizational efficiency; innovation; predictive modeling; decision-making
- Abstract
This study presents a data-driven system utilizing Random Forest to enhance organizational efficiency and foster innovation. The approach begins with data collection from diverse sources, followed by cleaning and preprocessing to ensure data quality. Feature engineering is applied to create relevant variables that strengthen predictive modeling. Random Forest, acknowledged for its robustness and capability to treat complex, non-linear data, is employed to develop accurate predictive models. By analyzing historical and real-time data, the system supports process optimization, resource management, and market trend analysis. The insights gained enable data-driven decision-making, driving strategic innovation and operational efficiency. Continuous monitoring of model performance ensures adaptability to evolving data patterns, minimizing prediction errors and maximizing accuracy. The proposed system promotes a data-centric culture, empowering organizations to yield informed decisions, optimize sources, and innovate effectively. This approach offers a scalable, reliable, and impactful resolution for businesses seeking to leverage data analytics for competitive advantage.
- Copyright
- © 2025 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Anushree A. Aserkar AU - Navaneetha Krishnan Rajagopal AU - P. Jayatharani AU - K. Arulini AU - Vinod Waikar AU - M. Baritha Begum PY - 2025 DA - 2025/11/04 TI - Data Driven Predictive Analytics for Strategic Decision-Making and Innovation BT - Proceedings of International Conference on Computer Science and Communication Engineering (ICCSCE 2025) PB - Atlantis Press SP - 326 EP - 339 SN - 2352-538X UR - https://doi.org/10.2991/978-94-6463-858-5_29 DO - 10.2991/978-94-6463-858-5_29 ID - Aserkar2025 ER -