The Importance of AI in the Business World

Martina Peukert ()
Additional contact information
Martina Peukert: ProgramMaker UG

Chapter Chapter 1 in Cultivate an AI Mindset, 2025, pp 1-15 from Springer

Abstract: Abstract Artificial intelligence has the potential to make companies across nearly all industries more efficient and competitive. Despite its growing importance, according to the Federal Statistical Office, only 12% of German companies currently use AI, often due to a lack of knowledge about its possibilities. This chapter examines how companies can overcome fears and uncertainties by gaining a better understanding of the technology’s benefits. It demonstrates how AI is already being successfully applied in areas such as IT security, logistics, and customer service to automate processes and enable data-driven decision-making. In addition, it presents straightforward strategies for how even smaller companies can gradually implement AI. The message is clear: companies that embrace AI today benefit from optimized efficiency, new business opportunities, and long-term competitiveness. The chapter encourages viewing the challenges of implementation not as barriers, but as opportunities for growth.

Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-658-49826-9_1

Ordering information: This item can be ordered from
http://www.springer.com/9783658498269

DOI: 10.1007/978-3-658-49826-9_1

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().