Big Data and Artificial Intelligence in Management. Disruptive Technologies as a success factor for decision-making

Big Data and Artificial Intelligence in Management. Disruptive Technologies as a success factor for decision-making PDF Author: Moritz Mayer
Publisher: GRIN Verlag
ISBN: 3346628779
Category : Business & Economics
Languages : en
Pages : 74

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Book Description
Document from the year 2019 in the subject Business economics - Business Management, Corporate Governance, , language: English, abstract: Geopolitically, economically and technologically, the world is in a state of upheaval. Technological progress is shortening innovation cycles, processes and projects in companies are steadily gaining in complexity, and the globalized economy is producing increasingly dynamic markets. In an era characterized by the networking of the real and virtual worlds, data is emerging as the resource of the future. However, the huge amounts of data, also known as Big Data, demand that they be used effectively. As a result, management must make increasingly frequent and complex decisions. However, human working time is scarce and the question arises as to whether human capacity, intelligence and creativity can still cope with the increasing demands. Could AI, using Big Data, possibly act as a success factor, in corporate decision making? Under this question, Mayer compares the decision-making of a human with that of an artificial intelligence. The focus here is primarily on the economic goal idea. What basic requirements does an AI need? What risks open up, among other things in terms of loss of control, ethics or data protection? And to what extent are the numerous visions actually realizable in practice? From the contents: - Digitization - Big Data - Artificial Intelligence - Management 4.0 - Enterprise

Big Data and Artificial Intelligence in Management. Disruptive Technologies as a success factor for decision-making

Big Data and Artificial Intelligence in Management. Disruptive Technologies as a success factor for decision-making PDF Author: Moritz Mayer
Publisher: GRIN Verlag
ISBN: 3346628779
Category : Business & Economics
Languages : en
Pages : 74

Get Book Here

Book Description
Document from the year 2019 in the subject Business economics - Business Management, Corporate Governance, , language: English, abstract: Geopolitically, economically and technologically, the world is in a state of upheaval. Technological progress is shortening innovation cycles, processes and projects in companies are steadily gaining in complexity, and the globalized economy is producing increasingly dynamic markets. In an era characterized by the networking of the real and virtual worlds, data is emerging as the resource of the future. However, the huge amounts of data, also known as Big Data, demand that they be used effectively. As a result, management must make increasingly frequent and complex decisions. However, human working time is scarce and the question arises as to whether human capacity, intelligence and creativity can still cope with the increasing demands. Could AI, using Big Data, possibly act as a success factor, in corporate decision making? Under this question, Mayer compares the decision-making of a human with that of an artificial intelligence. The focus here is primarily on the economic goal idea. What basic requirements does an AI need? What risks open up, among other things in terms of loss of control, ethics or data protection? And to what extent are the numerous visions actually realizable in practice? From the contents: - Digitization - Big Data - Artificial Intelligence - Management 4.0 - Enterprise

Artificial Intelligence

Artificial Intelligence PDF Author: Harvard Business Review
Publisher: HBR Insights
ISBN: 9781633697898
Category : Business & Economics
Languages : en
Pages : 160

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Book Description
Companies that don't use AI to their advantage will soon be left behind. Artificial intelligence and machine learning will drive a massive reshaping of the economy and society. What should you and your company be doing right now to ensure that your business is poised for success? These articles by AI experts and consultants will help you understand today's essential thinking on what AI is capable of now, how to adopt it in your organization, and how the technology is likely to evolve in the near future. Artificial Intelligence: The Insights You Need from Harvard Business Review will help you spearhead important conversations, get going on the right AI initiatives for your company, and capitalize on the opportunity of the machine intelligence revolution. Catch up on current topics and deepen your understanding of them with the Insights You Need series from Harvard Business Review. Featuring some of HBR's best and most recent thinking, Insights You Need titles are both a primer on today's most pressing issues and an extension of the conversation, with interesting research, interviews, case studies, and practical ideas to help you explore how a particular issue will impact your company and what it will mean for you and your business.

Adoption and Implementation of AI in Customer Relationship Management

Adoption and Implementation of AI in Customer Relationship Management PDF Author: Singh, Surabhi
Publisher: IGI Global
ISBN: 1799879615
Category : Business & Economics
Languages : en
Pages : 289

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Book Description
Integration of artificial intelligence (AI) into customer relationship management (CRM) automates the sales, marketing, and services in organizations. An AI-powered CRM is capable of learning from past decisions and historical patterns to score the best leads for sales. AI will also be able to predict future customer behavior. These tactics lead to better and more effective marketing strategies and increases the scope of customer services, which allow businesses to build healthier relationships with their consumer base. Adoption and Implementation of AI in Customer Relationship Management is a critical reference source that informs readers about the transformations that AI-powered CRM can bring to organizations in order to build better services that create more productive relationships. This book uses the experience of past decisions and historical patterns to discuss the ways in which AI and CRM lead to better analytics and better decisions. Discussing topics such as personalization, quality of services, and CRM in the context of diverse industries, this book is an important resource for marketers, brand managers, IT specialists, sales specialists, managers, students, researchers, professors, academicians, and stakeholders.

Disruptive Technology and Digital Transformation for Business and Government

Disruptive Technology and Digital Transformation for Business and Government PDF Author: Sandhu, Kamaljeet
Publisher: IGI Global
ISBN: 1799885852
Category : Business & Economics
Languages : en
Pages : 410

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Book Description
With the far-reaching global impact of the COVID-19 pandemic, the demand and the necessity for digital enterprise transformation have accelerated exponentially. Management and strategies for the adoption and wider usage of newer digital technologies for the transformation of an enterprise through digital tools such as real-time video communications have shown that people no longer need to be required to be physically present in the same place; rather, they can be geographically dispersed. Technologies such as artificial intelligence, cloud computing, digital banking, and cloud data have taken over tasks that were initially done by human hands and have increased both the automation and efficiency of tasks and the accessibility of information and services. Inclusion of all these newer technologies has shown the fast pace at which the digital enterprise transformation is rapidly evolving and how new ecosystems are reshaping the digital enterprise model. Disruptive Technology and Digital Transformation for Business and Government presents interesting research on digital enterprise transformation at different stages and across different settings within government and industry, along with key issues and deeper insights on the core problems and developing solutions and recommendations for digital enterprise transformation. The chapters examine the three core leaders of transformation: the people such as managers, employees, and customers; the digital technology such as artificial intelligence and robotics; and the digital enterprise, including the products and services being transformed. They unravel the underlying process for management and strategies to fully incorporate new digital tools and technologies across all aspects of an enterprise undergoing transformation. This book is ideally intended for managers, executives, IT consultants, business professionals, government officials, researchers, students, practitioners, stakeholders, academicians, and anyone else looking to learn about new developments in digital enterprise transformation of business systems from a global perspective.

Revolutionizing the Healthcare Sector with AI

Revolutionizing the Healthcare Sector with AI PDF Author: Singla, Babita
Publisher: IGI Global
ISBN:
Category : Medical
Languages : en
Pages : 466

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Book Description
The healthcare sector is at a critical juncture, facing the pressing need to integrate generative AI technologies responsibly. Despite the promising benefits, such as improved diagnostics, personalized treatments, and streamlined operations, the adoption of AI in healthcare poses significant challenges. These challenges include ethical dilemmas, regulatory complexities, and the need for governance frameworks to ensure the technology's responsible use. Revolutionizing the Healthcare Sector with AI offers a comprehensive solution to these challenges. It provides a deep dive into the adoption, integration, scalability, and sustainability of generative AI in healthcare and a thorough analysis of governance, ethical, and regulatory issues. By offering insights from researchers, practitioners, patients, and policymakers, this book is a platform for responsible AI adoption in healthcare.

Challenges and Opportunities of Corporate Governance Transformation in the Digital Era

Challenges and Opportunities of Corporate Governance Transformation in the Digital Era PDF Author: Kuznetsov, Mikhail Yevgenievich
Publisher: IGI Global
ISBN: 1799820130
Category : Business & Economics
Languages : en
Pages : 230

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Book Description
While corporate governance has been a successful concept throughout the centuries, it is in question whether this concept can remain sustainable in the digital era and during a time of technological and managerial disruption. Under the pressure of new economic, social, and ecologic challenges, it is vital to understand how this concept needs to transform. Challenges and Opportunities of Corporate Governance Transformation in the Digital Era is an essential reference source that discusses concepts, trends, and forecasts of corporate governance and examines its transformation under the pressure of new technologies and economic changes. Featuring research on topics such as corporate identity, e-commerce, and cost management, this book is ideally designed for corporate leaders, managers, executives, business professionals, consultants, professors, researchers, and students.

Information Technology for Management

Information Technology for Management PDF Author: Efraim Turban
Publisher: John Wiley & Sons
ISBN: 1119802520
Category : Computers
Languages : en
Pages : 659

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Book Description
Information Technology for Management provides students with a comprehensive understanding of the latest technological developments in IT and the critical drivers of business performance, growth, and sustainability. Integrating feedback from IT managers and practitioners from top-level organizations worldwide, the International Adaptation of this well-regarded textbook features thoroughly revised content throughout to present students with a realistic, up-to-date view of IT management in the current business environment. This text covers the latest developments in the real world of IT management with the addition of new case studies that are contemporary and more relevant to the global scenario. It offers a flexible, student-friendly presentation of the material through a pedagogy that is designed to help students easily comprehend and retain information. There is new and expanded coverage of Artificial Intelligence, Robotics, Quantum Computing, Blockchain Technology, IP Intelligence, Big Data Analytics, IT Service Management, DevOps, etc. It helps readers learn how IT is leveraged to reshape enterprises, engage and retain customers, optimize systems and processes, manage business relationships and projects, and more.

Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance

Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance PDF Author: El Bachir Boukherouaa
Publisher: International Monetary Fund
ISBN: 1589063953
Category : Business & Economics
Languages : en
Pages : 35

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Book Description
This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.

The Dark Side of CRM

The Dark Side of CRM PDF Author: Bang Nguyen
Publisher: Routledge
ISBN: 1317621999
Category : Business & Economics
Languages : en
Pages : 548

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Book Description
Customers are treated badly. Not all customers. Not always. But many are and often. Some customers are bad. They treat firms badly. Firms have to react. Employees and customers endure the consequences. Such bad behaviours, by firms and customers, have consequences for perceptions of trust and fairness, for endorsements and referrals, for repeat purchasing and loyalty, and ultimately for a firm’s profitability and RoI. The management of customer relationships is core to the success and even survival of the firm. As The Dark Side of CRM explores, this is an area fraught with difficulties, duplicitous practice and undesirable behaviours. These need acknowledging, mitigating and controlling. This book is the first of its kind to define these dark sides, exploring also how firms and policy-makers might address such behaviours and manage them successfully. With contributions from many of the leading exponents globally of CRM and understanding customers, The Dark Side of CRM is essential reading for students, researchers and practitioners interested in managing customers, relationship marketing and CRM, as well as social media and marketing strategy.

Artificial Intelligence, Big Data, Algorithms and Industry 4.0 in Firms and Clusters

Artificial Intelligence, Big Data, Algorithms and Industry 4.0 in Firms and Clusters PDF Author: Luciana Lazzeretti
Publisher: Taylor & Francis
ISBN: 1040144306
Category : Business & Economics
Languages : en
Pages : 207

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Book Description
This volume offers a wide-ranging discussion on the interrelations among AI, algorithms, big data, and Industry 4.0 to understand the importance of these new paradigms for the development of firms, districts, clusters, cities, regions, and innovation. Drawing on theoretical, empirical, and qualitative studies and using local perspectives, the chapters in this book explore theoretical aspects of AI and its evolution in social sciences, focusing on industry 4.0, smart cities, big data, and other related topics. They examine the role of industrial robots in employment, productivity, and knowledge absorption in industrial districts. They also discuss innovation in the context of local production systems, AI ecosystems, and the growth and potential of the Metaverse. Taken together, the book offers insights to help understand the new dynamics generated by the advent of these technologies and how they may affect regions, cities, clusters, industries, and organizations, and identifies avenues for future research in the development of new trajectories for clusters and firms. This book will be a key resource for scholars and advanced students in the fields of economics, geography, architecture, planning, and management as well as for interdisciplinary researchers who want to learn more about the development of new technologies, the relevance of AI, Big Data and I4.0 for firms and in relation to their adoption in clusters. This book was originally published as a special issue of European Planning Studies.