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How AI is transforming business models

ARTIFICIAL intelligence (AI) is revolutionizing a wide range of sectors' business landscapes. Tech-savvy companies are leveraging AI to develop new ecosystems and business models that spur innovation and growth. AI is changing the way businesses run and provide value to their clients in a variety of ways, from wearable technology to platform-based approaches.

One notable area where AI is making significant inroads is in predictive analytics, revolutionizing the way businesses understand and respond to customer behavior. Companies like Amazon and Netflix leverage AI algorithms to analyze vast amounts of customer data, predicting preferences and tailoring recommendations. This personalized approach not only enhances the customer experience but also drives sales, showcasing how AI-infused predictive analytics is becoming a cornerstone for businesses.