Please use this identifier to cite or link to this item: http://hdl.handle.net/20.500.12188/31965
Title: The Role of Industry 5.0 in Advancing AI-Driven Predictive Analytics in Business Operations
Authors: Mihalj Bakator, Dragan Cockalo and Milan Nikolic
Keywords: Industry 5.0
AI solutions
Predictive analytics
Business
Issue Date: Dec-2024
Conference: 5th International Scientific Conference "Economic and Business Trends Shaping the Future"
Abstract: This paper analyzes the synergistic integration of AI-driven predictive analytics within Industry 5.0, emphasizing its transformative impact on business operations across various sectors. It highlights the role of artificial intelligence in enhancing human-machine collaboration to create more responsive, sustainable, and personalized manufacturing environments. Through detailed analysis, the paper notes how AI not only optimizes operational efficiencies but also enables the personalization of products and services, thus meeting diverse consumer needs with unprecedented precision. The study proposes a theoretical model comprising three main elements: the enterprise, AI-driven predictive analytics, and the enterprise in Industry 5.0. The paper offers comprehensive strategies for governments, enterprises, and individuals to improve problem-solving and foster innovation within the rapidly evolving industrial landscape.
URI: http://hdl.handle.net/20.500.12188/31965
DOI: 10.47063/EBTSF.2024.0019
Appears in Collections:Conference Proceedings: Economic and Business Trends Shaping the Future

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