Role of artificial intelligence in business intelligence and decision making: an empirical study

Reddy, Venkata Harshavardhan Dornadula, S.M., Uvaneswaran, Yadav, Mohit, Hazarika, Devasish and Sharma, Amit (2023) Role of artificial intelligence in business intelligence and decision making: an empirical study. European Chemical Bulletin, 12 (3). pp. 165-172. ISSN 2063-5346

[thumbnail of ROLE OF ARTIFICIAL INTELLIGENCE IN BUSINESS INTELLIGENCE AND DECISION MAKING_ AN EMPIRICAL STUDY.pdf] Text
ROLE OF ARTIFICIAL INTELLIGENCE IN BUSINESS INTELLIGENCE AND DECISION MAKING_ AN EMPIRICAL STUDY.pdf - Published Version

Download (296kB)

Abstract

Artificial intelligence is a quickly growing subject getting more attention in the business world (AI). The usage of artificial intelligence has already spread to many areas of daily life and industry. The use of AI in business may push the industry to rely on more efficient, affordable, and precise marketing strategies. A company owner may boost audience response and create a significant competitive edge over other online businesses by using this AI in business strategy. Along with advertising, it can restructure a company using innovative ideas. Also, it offers answers for complex issues, contributing to excellent company growth. Business intelligence (BI) seems no longer feasible for monitoring any day-to-day physical stores of enterprises due to the increasing amount of data given today and the overflow of its volume caused by the vast quantity of data developing to the scale of big data. To present a suitable decision-making methodology quickly enough to be classified as real-time, a technique that we used to call BI, evaluating the enormous volumes of data that include the data is becoming challenging. The study had considered 204 people from different occupational sectors to know the factors that determines the Role of Artificial Intelligence in Business Intelligence and Decision making. It is found through the study that Efficiency and Automation, Decision-making, Problem solving and Growth and productivity are different factors that determines the role of Artificial Intelligence in Business Intelligence and Decision making.

Item Type: Article
Keywords: Marketing | Artificial intelligence | Decision-making | Operations
Subjects: Social Sciences and humanities > Business, Management and Accounting > Business and International Management
Social Sciences and humanities > Decision Sciences > General Decision Sciences
Physical, Life and Health Sciences > Computer Science
JGU School/Centre: Jindal Global Business School
Depositing User: Arjun Dinesh
Date Deposited: 25 Apr 2023 10:08
Last Modified: 01 May 2023 09:26
Official URL: https://www.eurchembull.com/uploads/paper/2351ade9...
URI: https://pure.jgu.edu.in/id/eprint/5866

Downloads

Downloads per month over past year

Actions (login required)

View Item
View Item