Budgeting and financial forecasting are critical planning and management disciplines that provide invaluable aid to business managers in the decision-making process. Most companies have business plans in varying forms of sophistication and use, that provide points of comparison to gauge success. Capital and operational funding, whether by personal capital investment, financial loans or some combination of the two is required to drive...

Supercomputer Watson Is Helping Businesses with Forecasting Watson is the supercomputer developed by IBM, and is capable of artificial intelligence. This super intelligent technology uses a cognitive platform to understand the questions asked, then using vast processing power to crunch all of the data to find the answer. It is best known for appearing on Jeopardy in 2001 and winning. Watson was programmed to be able to answer the...