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ArticlePeer ReviewedOpen AccessPlagiarism Passed
Paper ID:10.55041/IJSREM58578

Forecasting Business with Predictive Modeling in the CAP Digisoft Solutions Pvt Ltd

Stream/Area:

-

Subject:

-

Paper ID:

10.55041/IJSREM58578

Volume:

10 |

3 |

Mar 2026

Pages:

Publication Frequency:

Monthly (12 issues per year)

DOI
Digital Object Identifier
10.55041/IJSREM58578

License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.

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Authors

VM

VIGNESH M1

VV

VIVEK V2

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Abstract

In today’s competitive and data-driven business environment, organizations increasingly rely on predictive modeling techniques to forecast trends, optimize resources, and enhance strategic planning. This study examines how managers at CAP Digisoft Solutions Pvt Ltd utilize predictive modeling tools for business forecasting and decision-making. Using a descriptive research design, primary data were collected from 100 employees across departments through a structured questionnaire, supported by secondary data from journals, company reports, and technical documentation. The analysis employed percentage statistics, chi-square tests, correlation, and one-way ANOVA to evaluate predictive modeling usage patterns, perceived benefits, forecasting accuracy, and satisfaction levels. Results indicate that predictive modeling is widely adopted, with nearly 72% of respondents using forecasting tools weekly. Managers report that predictive models improve demand forecasting, reduce operational uncertainty, enhance planning efficiency, and strengthen competitive positioning. Key challenges include limited technical training, data inconsistency, and model complexity. The findings highlight that predictive modeling significantly enhances business forecasting when supported by strong data governance, continuous training, and advanced analytics infrastructure. This study provides practical recommendations for strengthening forecasting accuracy and maximizing predictive modeling benefits at CAP Digisoft Solutions Pvt Ltd and similar IT-enabled organizations.

KEYWORDS

Predictive Modeling Business Forecasting Data Analytics Forecast Accuracy Decision Support CAP Digisoft Solutions Pvt Ltd.

Cite This Article

VIGNESH M1, VIVEK V2, "Forecasting Business with Predictive Modeling in the CAP Digisoft Solutions Pvt Ltd," International Journal of Scientific Research in Engineering and Management, vol. 10, no. 3, Mar 2026. https://doi.org/10.55041/IJSREM58578

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Publication Date

3/30/2026

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Double-Blind Peer Review

Review Rounds: 2

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The authors declare no conflict of interest related to this research work.

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