© Eberhard Hechler, Martin Oberhofer, Thomas Schaeck 2020
E. Hechler et al.Deploying AI in the Enterprisehttps://doi.org/10.1007/978-1-4842-6206-1_5

5. From Data to Predictions to Optimal Actions

Eberhard Hechler1 , Martin Oberhofer2 and Thomas Schaeck3
(1)
Sindelfingen, Germany
(2)
Boeblingen, Germany
(3)
Boeblingen, Germany
 

The concept of optimizing decisions based on predictions considering additional data and constraints introduced in Chapter 1, “AI Introduction,” is often critical to solve real business problems. Decision optimization (DO) takes predictive insight one step further and guarantees that an optimal combination of business-relevant actions can be taken based on predictive insight with relevant context.

In this chapter, we explore this ...

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