Artificial intelligence (AI) is reshaping how organizations collect, analyze, and act on data. Analytics focusing more on predictive and prescriptive insights via AI. Minitab has been providing this to customers for years. More organizations than ever are embracing AI in their data-driven decision-making strategies.
Industry forecasts reflect this momentum: Gartner predicts that by 2028, more than 95% of enterprises will have used generative AI APIs or models, and/or deployed GenAI-enabled applications in production environments. up from less than 5% in 2023. McKinsey further estimates that AI could deliver up to $4.4 trillion annually in global productivity gains.
Here are three of the hottest AI trends shaping the analytics space today, and how Minitab is at the forefront of making them real for organizations.
Generative AI is rapidly evolving from content creation to business-critical analytics applications. In data-driven organizations, it enables:
Minitab in Action: With Minitab AI, users can generate natural language summaries of statistical results that explain key findings in plain English. This reduces dependency on experts, shortens time to insight, and ensures decisions are made on a foundation of clarity and confidence.
AI is embedded directly into analytics platforms, making traditionally manual processes faster and smarter. Organizations are leveraging:
Why it Matters: Using predictive analytics to improve decision-making reduces time-to-insight, and augmented analytics closes the gap between discovery and execution.
Minitab in Action: The Minitab Predictive Analytics Module integrates predictive analytics and AI-driven automation to provide faster, more reliable forecasts. Users can uncover patterns in their data, anticipate what’s next, and get prescriptive guidance on how to achieve better outcomes.
Learn more in this webinar:
"Introducing the Minitab Solution Center: Dashboards and AI Capabilities"
As AI models grow more sophisticated, the spotlight has shifted to the quality of data feeding these models. Without clean, consistent, and contextualized data, even the most advanced algorithms fall short.
Trends driving this shift include:
Why it Matters: According to IDC, organizations that invest in improving their data quality and governance see a 2.5x return on AI investments compared to those that don’t.
Minitab in Action: With proven validation and strong data practices, Minitab delivers AI that’s accurate, dependable, and designed for real-world impact.
AI in analytics isn’t just about efficiency, it’s about transformation. From automating storytelling to enhancing predictive power and prioritizing high-quality data, organizations that embrace these trends will become leaders in their industries.
At Minitab, we are dedicated to delivering AI that is trustworthy, impactful, and results driven. If you’re ready to harness analytics for smarter decisions and measurable outcomes, we’d love to connect with you.
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