Business Artificial Intelligence (BAI) Cost-Benefit Analysis
IBM's Business Monitor offers comprehensive monitoring of enterprise activity for improving organizational agility. Its features include: customizable dashboards, alerts and notifications for providing an almost real-time look into company processes, operations, and transactions, for enhanced business insights. The software assists with identifying changing trends in business, issues, and opportunities, by statistically analyzing historical and present information. It offers:
Almost real-time analysis and estimates, which offer insights into the company's activities.
Automated alerts and notifications, which facilitate the process of responding to emerging issues and changing business trends.
Customizable dashboards, which present historical, present, and predictive data.
Visibility across different business systems, spanning various products and applications.
Global Business Services (GBS) is the professional services department at IBM; it includes the company's management consulting, application management, and systems integration resources ((TDWI -- Training & Research -- Business Intelligence, Analytics, Big Data, Data Warehousing, 2015).
Benefit-cost analysis when comparing IBM PureData analytics System and Hadoop for structured analytics entails the emerging technological trends like cloud, mobile, social, analytics, and IoT (Internet of Things). The analyses necessitate the presence of superior performing distributed systems for delivering...
Artificial Intelligence Applications in Business AI or artificial intelligence represents the part of the computer science field that deals with creation of machines, which can simulate human intelligence. Intelligent and optimal approaches to problem-solving are needed today in all sectors, irrespective of whether the issue is straightforward or complex. Developers and research scholars are constantly attempting to create increasingly more intelligent and efficient software and machines, and here's where AI plays
AI in Supply Chain ManagementArtificial intelligence (AI) can be used in supply chain management to improve various processes such as demand forecasting, inventory management, transportation optimization, and supply chain risk management. Demand forecasting is one of the key process where AI can be used (Amirkolaii et al., 2017). AI can be used to analyze historical sales data and predict future demand. This can help companies make more accurate and informed
The Impact of Artificial Intelligence in Boosting E-Commerce Sales through Customer Engagement and Enhanced ExperiencesSection 1: IntroductionRetail sales by e-commerce during the recent holiday season represented more than one-third of all sales for the first time in history, and current signs indicate this trend towards e-commerce alternatives will continue to accelerate in the future. Indeed, virtually any product or service that is available in a traditional retail setting can be
Transformative Artificial Intelligence and Digital Government Innovation for Public Sector Performance Management1.1 Background of the Research1.1.1 Overview of the ProblemTransformative artificial intelligence (AI) and digital government innovations are increasingly becoming central to enhancing public sector performance management across the globe (Newman et al., 2022). This shift towards digitalization relies on the potential of AI to streamline processes, act with transparency, and increase engagement between citizens and government institutions (Latupeirissa et
Sustainable Change: Bringing Artificial Intelligence (AI) to a Healthcare OrganizationIntroductionSustainable change refers to making changes within an organization that can be maintained in the long run. The purpose of sustainable change is to ensure that the organization continues to operate effectively while also achieving its goals. Often this means that an organization must stay abreast of technological advances in its industry so that it can be as efficient as possible
Business intelligence degrees are not entirely available in Canadian colleges as ‘Business Intelligence’. For example, a private university like University of British Columbia has the Business and Computer Science Bachelor’s degree. It combines a typical business degree with background and experience in computer science. “The Business and Computer Science combined major will give you the technical background and understanding to apply IT solutions in a business context and use them
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