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Harnessing AI & SaaS-Based Enterprise App Development for Business Growth

Year: 2024
Type: article
Abstract: Purpose: This paper aims to explore the transformative impact of artificial intelligence (AI) on enterprise models within the context of Software as a Service (SaaS), highlighting the necessity for organisations to adopt AI-driven strategies to sustain their competitive edge. Methodology: The study utilises a comprehensive framework that outlines five critical steps for implementing AI in business settings, including executing pilot projects, assembling in-house AI teams, providing extensive training, developing holistic AI strategies, and ensuring effective communication. Findings: The integration of AI within SaaS not only enhances operational efficiency and process optimisation but also allows for real-time customisation and improved user engagement, thus fostering customer loyalty and driving sustainable growth. Unique contribution to theory, practice and policy: The paper contributes to the understanding of AI and SaaS as essential components in the evolution of enterprise applications, proposing that organisations adopt a collaborative approach to harness their combined potential, ultimately informing policymakers about the strategic importance of AI in shaping future business landscapes.
Language: English
Open Access status: diamond
OpenAlex ID: W4404320303
FWCI: 0.304
Cites:
Cited by: 2
Related to: 10