Artificial intelligence (AI) is reimagining the business world, boosting innovation and productivity, and helping organizations think bigger. Organizations can use AI to improve their products, processes and decision-making. Using the technology available today, organizations should be able to achieve organizational agility powered by AI.
Organizational leaders need to continuously drive change and evaluate which areas, and at what complexity, AI should be utilized to support company goals and further growth.
The impact of artificial intelligence is being felt across all industries. There are multiple examples of implementing AI in the supply chain, transportation, education, operations, marketing, and pretty much every industry that’s moving toward digitalization, and switching from manual activities to technology-assisted ones. With the help of AI, companies are better equipped to fight disasters using AI decision-making algorithms, detect anomalies and predict future behavior. AI enhances automation and reduces the human-intensive labor and tediousness involved in forecasting and prediction analysis.
The pace of change has increased as a result of the rise of artificial intelligence. In addition, organizations are under greater pressure to respond rapidly to shifting conditions. Because of this shift in perspective, organizational transformation and growth are no longer viewed as one-off projects but rather as ongoing initiatives to which all members may and should contribute.
What is AI and how does it help with decision-making?
Techopedia defines AI well: “Artificial intelligence, also known as machine intelligence, is a branch of computer science that focuses on building and managing technology that can learn to autonomously make decisions and carry out actions on behalf of a human being.” Additionally, it’s important to remember that, “AI is not a single technology. It is an umbrella term that includes any type of software or hardware component that supports machine learning, computer vision, natural language understanding (NLU) and natural language processing (NLP).”
Continue reading: https://www.forbes.com/sites/forbestechcouncil/2022/08/23/how-artificial-intelligence-can-improve-organizational-decision-making/?sh=770a6b302a1c
Organizational leaders need to continuously drive change and evaluate which areas, and at what complexity, AI should be utilized to support company goals and further growth.
The impact of artificial intelligence is being felt across all industries. There are multiple examples of implementing AI in the supply chain, transportation, education, operations, marketing, and pretty much every industry that’s moving toward digitalization, and switching from manual activities to technology-assisted ones. With the help of AI, companies are better equipped to fight disasters using AI decision-making algorithms, detect anomalies and predict future behavior. AI enhances automation and reduces the human-intensive labor and tediousness involved in forecasting and prediction analysis.
The pace of change has increased as a result of the rise of artificial intelligence. In addition, organizations are under greater pressure to respond rapidly to shifting conditions. Because of this shift in perspective, organizational transformation and growth are no longer viewed as one-off projects but rather as ongoing initiatives to which all members may and should contribute.
What is AI and how does it help with decision-making?
Techopedia defines AI well: “Artificial intelligence, also known as machine intelligence, is a branch of computer science that focuses on building and managing technology that can learn to autonomously make decisions and carry out actions on behalf of a human being.” Additionally, it’s important to remember that, “AI is not a single technology. It is an umbrella term that includes any type of software or hardware component that supports machine learning, computer vision, natural language understanding (NLU) and natural language processing (NLP).”
Continue reading: https://www.forbes.com/sites/forbestechcouncil/2022/08/23/how-artificial-intelligence-can-improve-organizational-decision-making/?sh=770a6b302a1c
