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Enhancing Data Analysis by Integrating AI Tools with Cloud Computing

Year: 2024
Type: article
Abstract: This study explored the transformative potential of artificial intelligence through cloud-based tools on data analytics. By integrating cloud computing with AI, it became possible for organizations to process large amounts of data and convert them into actionable insights far more efficiently. A mixed-methods approach in this study involved literature review, survey among IT professionals, and case studies of organizations that harnessed these technologies. From these investigations, it emerged that in the field of data analytics, access, speed, and affordability were enhanced through AI cloud-based tools. These scalable solutions were claimed to reduce data processing times by about 40% and analytics-related spending by an average of 36%. Concrete examples included the optimization of inventory management by a retail giant and the improvement of patient outcomes by a healthcare service provider. Among the other findings were increased decision-making and collaboration across departments due to flexibility in the cloud. The research underscored the critical role of cloud computing in democratizing advanced analytics and presenting established data analysis tools to businesses of all sizes. With increasing awareness and penetration of these technologies in organizations, the convergence of AI and cloud computing is expected to power innovation and operational efficiency in data-driven decision-making.
Authors: Piastou, Mikita, Piastou, Mikita
Language: English
Open Access status: green
OpenAlex ID: W6887786495
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