Employing AI in Business

Rajendra Akerkar
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Rajendra Akerkar: Western Norway Research Institute

A chapter in Artificial Intelligence for Business, 2019, pp 63-74 from Springer

Abstract: Abstract This chapter deals with observations and insight – on employing AI solutions in business. Without finding a problem to solve, business will not gain the desired benefits when employing AI. If they are looking for a solution to detect anomalies, predict an event or outcome, or optimize a procedure or practice, then they have a problem AI can address. The chapter begins with unfolding analytics landscape and describes how to embed AI in business processes. Further, it discusses potential business prospects of AI and the benefits that companies can realize by implementing AI in their processes.

Keywords: Prescriptive Analytics; Predictive Analytics; Auto Insurance Claims; Facility Monitoring System; Targets Business Objectives (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spbrcp:978-3-319-97436-1_6

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DOI: 10.1007/978-3-319-97436-1_6

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