AI business model: an integrative business approach

Shrutika Mishra () and A. R. Tripathi ()
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Shrutika Mishra: Banaras Hindu University
A. R. Tripathi: Banaras Hindu University

Journal of Innovation and Entrepreneurship, 2021, vol. 10, issue 1, 1-21

Abstract: Abstract Artificial intelligence is the ecosphere’s prevalent and most comprehensive general acquaintance common-sense cognitive engine. The artificial intelligence (AI) business platform model is virtually at affluence with cloud SaaS model. It concerns AI solutions that can work together on the top layer of the other digital systems, like a Customer Relationship Management (CRM) and Enterprise Resource Planning (ERP) business system. AI admittances in the digital data fluid through the coordination, fueling business enhancements over phases. In this business model, the business will safekeep a recurrent subscription. This paper endeavors to emphasize on the preventative side of the use of AI and machine learning (ML) technology to enterprise digital platform business model innovation and business dynamics. We acme the strategic implications and innovations with analytics. We explore the derivations of data-driven insights, models, and visualizations.

Keywords: Business model innovation; Artificial intelligence; Emerging technology; Business platform; Digital innovation (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (10)

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DOI: 10.1186/s13731-021-00157-5

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