Assessing the Influence of Artificial Intelligence on Business Development Strategies: A Sectorial Analysis
Year: 2023
Type: article
Abstract: With the technological landscape rapidly advancing, Artificial Intelligence (AI) is becoming a powerful tool with vast potential to revolutionize various industries. This research sets out to investigate how AI can be strategically implemented in business operations and examine the difficulties and advantages that come along this journey, especially when it comes down to managing resources efficiently. By employing a methodical approach that integrates both qualitative and quantitative techniques, this study offers an extensive analysis of the effects of AI on various business settings. The inquiry practices entail utilizing surveys, expert interviews as well as structured literature reviews to gather relevant knowledge. The findings of the research underscore how crucial AI is in propelling advancement and elevating operational efficiency across diverse sectors. The results emphasize the importance of skilled handling of resources during incorporation of AI to achieve desired outcomes. This research provides practical advice to businesses looking to integrate AI technology into their processes, specifically in terms of resource management. The study explores the advantages and obstacles associated with implementing AI in this field, emphasizing that effective planning and flexibility are crucial for leveraging its benefits towards gaining a competitive edge. This study highlights the significance of harmonizing AI plans with company objectives and presents recommendations on how to optimize resource distribution for successful integration. It addresses challenges related to adopting AI technology and serves as a useful tool for organizations seeking enhanced operational efficiency and strategic accomplishments amidst automation advancements.
Author: Sayed, Ruslan
Language: English
Subfield: Artificial Intelligence
Field: Computer Science
Domain: Physical Sciences
Open Access status: diamond
OpenAlex ID: W7217012343