Predikt enters into a partnership with Deloitte to market its AI tool for financial analysis internationally. Only 22 percent of companies currently use predictive analytics.
The Belgian-Swiss scale-up Predikt is now collaborating with Deloitte to roll out its AI solution internationally. The tool helps companies predict production costs based on millions of macroeconomic signals. Joint research by both parties shows that predictive analytics is effectively integrated in only 22 percent of companies.
Deloitte Supports Commercial Rollout
Predikt has developed an AI solution that links macroeconomic data, such as raw material prices and inflation, with internal company information. This allows companies to better predict costs, limit risks, and substantiate strategic decisions. With Deloitte’s help, Predikt now wants to bring its technology to a wider market.
Deloitte will deploy three internal teams to implement the product: finance, supply chain, and procurement. The collaboration targets multinationals, which according to both companies need support in assessing financial risks and interpreting economic trends.
Adoption Remains Limited
To substantiate the potential of their collaboration, Predikt and Deloitte jointly conducted research on the use of predictive analytics. This shows that 36 percent of surveyed business leaders express interest in automating processes. Yet actual adoption remains limited for now: only 22 percent currently have such a tool in use.
According to both partners, the research not only demonstrates the potential of the technology but also the barriers to implementation. Companies often encounter practical obstacles, lack of expertise, or limited integration into existing processes.
The combination of a technology partner and an implementation partner should help bridge that gap. With this collaboration, Predikt aims to position itself more strongly in the international market.