Creating Value With Artificial Intelligence

Author : Michael Proksch,Nisha Paliwal,Wilhelm Bielert
Publisher : John Wiley & Sons
Page : 423 pages
File Size : 53,6 Mb
Release : 2024-02-27
Category : Business & Economics
ISBN : 9781394233625

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The Secrets of AI Value Creation by Michael Proksch,Nisha Paliwal,Wilhelm Bielert Pdf

Unlock unprecedented levels of value at your firm by implementing artificial intelligence In The Secrets of AI Value Creation: Practical Guide to Business Value Creation with Artificial Intelligence from Strategy to Execution, a team of renowned artificial intelligence leaders and experts delivers an insightful blueprint for unlocking the value of AI in your company. This book presents a comprehensive framework that can be applied to your organisation, exploring the value drivers and challenges you might face throughout your AI journey. You will uncover effective strategies and tactics utilised by successful artificial intelligence (AI) achievers to propel business growth. In the book, you’ll explore critical value drivers and key capabilities that will determine the success or failure of your company’s AI initiatives. The authors examine the subject from multiple perspectives, including business, technology, data, algorithmics, and psychology. Organized into four parts and fourteen insightful chapters, the book includes: Concrete examples and real-world case studies illustrating the practical impact of the ideas discussed within Best practices used and common challenges encountered when first incorporating AI into your company’s operations A comprehensive framework you can use to navigate the complexities of AI implementation and value creation An indispensable blueprint for artificial intelligence implementation at your organisation, The Secrets of AI Value Creation is a can’t-miss resource for managers, executives, directors, entrepreneurs, founders, data analysts, and business- and tech-side professionals looking for ways to unlock new forms of value in their company. The authors, who are industry leaders, assemble the puzzle pieces into a comprehensive framework for AI value creation: Michael Proksch is an expert on the subject of AI strategy and value creation. He worked with various Fortune 2000 organisations and focuses on optimising business operations building customised AI solutions, and driving organisational adoption of AI through the creation of value and trust. Nisha Paliwal is a senior technology executive. She is known for her expertise in various technology services, focusing on the importance of bringing AI technology, computing resources, data, and talent together in a synchronous and organic way. Wilhelm Bielert is a seasoned senior executive with an extensive of experience in digital transformation, program and project management, and corporate restructuring. With a proven track record, he has successfully led transformative initiatives in multinational corporations, specialising in harnessing the power of AI and other cutting-edge technologies to drive substantial value creation.

Author : Margherita Pagani,Renaud Champion
Publisher : Edward Elgar Publishing
Page : 168 pages
File Size : 48,8 Mb
Release : 2021-09-28
Category : Electronic
ISBN : 1839104384

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Artificial Intelligence for Sustainable Value Creation by Margherita Pagani,Renaud Champion Pdf

Artificial Intelligence for Sustainable Value Creation provides a detailed and insightful exploration of both the possibilities and the challenges that accompany widespread Artificial Intelligence. Providing a cutting edge analysis of the impact of AI in business and society, the editors offer an opportunity to assess what is known about managing other forms of information systems, strategy, and marketing, and to re-examine this knowledge in situations involving AI. This comprehensive book explores how human- centric AI systems create value inside organizations, distinguishing three main components: ethical value, societal value, and business value. Using a multidisciplinary perspective, this discerning book addresses the interests of a wide spectrum of practitioners, students, and researchers alike who are interested in identifying the value generated by AI systems in management.

Author : Andrzej Wodecki
Publisher : Springer
Page : 350 pages
File Size : 43,8 Mb
Release : 2018-07-18
Category : Business & Economics
ISBN : 9783319915968

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Artificial Intelligence in Value Creation by Andrzej Wodecki Pdf

This book analyses various models of value creation in projects and businesses by applying different forms of Artificial Intelligence in their products and services. First presenting the main concepts and ideas behind AI, Wodecki assesses different models of technology-based value creation based upon the analysis of over 400 case studies. This framework shows how AI may influence both value creation and competitive advantage (efficiency, creativity and flexibility) within a modern organization. Finally, a conceptual model is formulated to evaluate AI-supported in-company projects and new ventures and identify the key managerial and technical competencies required.

Author : Rudradeb Mitra
Publisher : Unknown
Page : 116 pages
File Size : 45,7 Mb
Release : 2018-09-09
Category : Electronic
ISBN : 1720161313

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Creating Value with Artificial Intelligence by Rudradeb Mitra Pdf

This book bridges the gap between the commoner's world and the AI technical world. This easy read book is suitable for anyone who wants to dig deeper into the practical aspects and explore the value of AI and build intelligent products for real-world use cases. You will learn about:- Where can AI or intelligent machines add Value?- What real-world problems can be solved and what problems are harder to solve using existing AI algorithms,- A brief explanation of the most applicable algorithms and for which use cases they are most suitable,- How to engineer and architect AI systems, - How to overcome some of the major challenges with gathering the data, developing the product, and making users adopt the product. The above steps are explained through use cases taken from banking, insurance, energy, sales, healthcare, and other sectors. Almost all the knowledge and use cases shared in this book have been gained during my many years (almost 10 years actually) spent working and researching various AI-related products and are based primarily on my personal experiences. However, this is not a course book on Artificial Intelligence (AI), or a comprehensive literature review on AI or its use cases

Author : Oliver Gassmann,Fabrizio Ferrandina
Publisher : Springer Nature
Page : 415 pages
File Size : 48,9 Mb
Release : 2021-08-11
Category : Business & Economics
ISBN : 9783030768973

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Connected Business by Oliver Gassmann,Fabrizio Ferrandina Pdf

How do you develop business in a world certain to be dominated by Internet of Things, Artificial Intelligence, and the Economy of Things?This book brings together leading scholars from academia, established practitioners, and thought-leading consultants who analyse and provide guidance to answer this question. Case studies, checklists, success factors, help readers get a grip on this fast-paced development. At the same time, the authors do not shy away from addressing the hurdles and barriers to implementation. This book provides an essential food-for-thought for leaders and managers, both visionary and pragmatic, who are faced with the responsibility of steering their business through these challenging, yet exciting, times.

Author : Arthur K. Kordon
Publisher : Springer Nature
Page : 511 pages
File Size : 42,9 Mb
Release : 2020-09-12
Category : Computers
ISBN : 9783030363758

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Applying Data Science by Arthur K. Kordon Pdf

This book offers practical guidelines on creating value from the application of data science based on selected artificial intelligence methods. In Part I, the author introduces a problem-driven approach to implementing AI-based data science and offers practical explanations of key technologies: machine learning, deep learning, decision trees and random forests, evolutionary computation, swarm intelligence, and intelligent agents. In Part II, he describes the main steps in creating AI-based data science solutions for business problems, including problem knowledge acquisition, data preparation, data analysis, model development, and model deployment lifecycle. Finally, in Part III the author illustrates the power of AI-based data science with successful applications in manufacturing and business. He also shows how to introduce this technology in a business setting and guides the reader on how to build the appropriate infrastructure and develop the required skillsets. The book is ideal for data scientists who will implement the proposed methodology and techniques in their projects. It is also intended to help business leaders and entrepreneurs who want to create competitive advantage by using AI-based data science, as well as academics and students looking for an industrial view of this discipline.

Author : Gautam Mahajan
Publisher : CRC Press
Page : 252 pages
File Size : 55,7 Mb
Release : 2023-06-08
Category : Business & Economics
ISBN : 9781000868937

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Creating Value for Leaders by Gautam Mahajan Pdf

Creating value is the foundation of all business. It’s what sets you apart from your competition, secures long-term customers, and brings distinct meaning to your brand and your stakeholders. Without creating value for your business, your unique offering will be seen as just another commodity in the eyes of your target market. Creating value is in every business leader’s vocabulary and uppermost in their overall strategy. In fact, creating value is the purpose of a company according to the Business Roundtable and the World Economic Forum. That is another key reason why more people want to understand and utilise value creation for their benefit and the good of their stakeholders. Many companies and leaders seek to create value but do not know how to. As a result, they create and destroy value unconsciously. This book shows you how to create value consciously. To create long-term value, organizations need to put in place the mindset, capabilities, and relationships that enable them to meet the needs of their customers and stakeholders. This book makes value creation understood and used by executives and leaders more effectively. The book describes value creation in its various nuances, how it arises, how it is used, and the width and scope of value creation, from how it impacts a company and how that company can become more successful by creating value for customers and other stakeholders. The author also provides tips for CEOs, managers, HR, and other professionals on how to succeed in value creation as a long-term strategy and in day-to-day work. Numerous examples and case studies illustrate the points being made by the author.

Author : Pagani, Margherita,Champion, Renaud
Publisher : Edward Elgar Publishing
Page : 200 pages
File Size : 53,9 Mb
Release : 2021-09-07
Category : Computers
ISBN : 9781839104398

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Artificial Intelligence for Sustainable Value Creation by Pagani, Margherita,Champion, Renaud Pdf

Artificial Intelligence for Sustainable Value Creation provides a detailed and insightful exploration of both the possibilities and the challenges that accompany widespread Artificial Intelligence

Author : Peter C. Verhoef,Edwin Kooge,Natasha Walk,Jaap E. Wieringa
Publisher : Routledge
Page : 337 pages
File Size : 53,9 Mb
Release : 2021-11-07
Category : Business & Economics
ISBN : 9781000465464

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Creating Value with Data Analytics in Marketing by Peter C. Verhoef,Edwin Kooge,Natasha Walk,Jaap E. Wieringa Pdf

The key competing texts are practitioner-focused ‘how to’ guides, whilst our book combines rigorous theory with practical insight and examples, with authors from both the academic and business world, making it more adoptable as a student text; Unlike other books on the subject, this has a customer focus and an exploration of how big data can add value to customers as well as organisations; Enables readers to move from "big data" to "big solutions" by demonstrating how to integrate data analytics into specific goals and processes for implementation; Highly successful and well regarded both for students and practitioners

Author : Edghiem, Farag,Ali, Mohammed,Wood, Robert
Publisher : IGI Global
Page : 331 pages
File Size : 54,9 Mb
Release : 2023-05-15
Category : Business & Economics
ISBN : 9781668474181

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Digital Entrepreneurship and Co-Creating Value Through Digital Encounters by Edghiem, Farag,Ali, Mohammed,Wood, Robert Pdf

Digital technologies have enabled certain opportunities for industries, societies, and companies to change for the better. The service sector has essentially evolved through significant developments in recent decades, such as the increasing adoption of artificial intelligence (AI) applications and automated technologies, including service robots, chatbots, and virtual assistants. Both digital transformation and digital entrepreneurship are multifaceted areas that relate to varied emerging technologies that have recently dominated the current service industry. These technologies serve to enhance various sociotechnical areas, including communication and collaboration, as well as co-creating business value and promoting service automation. Digital Entrepreneurship and Co-Creating Value Through Digital Encounters contributes to the services’ digital transformation and digital entrepreneurship domain by uncovering contemporary innovations used in the modern service industry. It supports modern applications of Industry 4.0, digital transformation, and entrepreneurship to facilitate value co-creation for contemporary businesses. Covering topics such as big data management, industrial relations, and tourist destination selection, this premier reference source is an ideal resource for entrepreneurs, business owners and managers, government officials, policymakers, students and educators of higher education, librarians, researchers, and academicians.

Author : Eric Anderson,Florian Zettelmeyer
Publisher : McGraw Hill Professional
Page : 353 pages
File Size : 51,9 Mb
Release : 2020-11-23
Category : Business & Economics
ISBN : 9781260459159

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Leading with AI and Analytics: Build Your Data Science IQ to Drive Business Value by Eric Anderson,Florian Zettelmeyer Pdf

Lead your organization to become evidence-driven Data. It’s the benchmark that informs corporate projections, decision-making, and analysis. But, why do many organizations that see themselves as data-driven fail to thrive? In Leading with AI and Analytics, two renowned experts from the Kellogg School of Management show business leaders how to transform their organization to become evidence-driven, which leads to real, measurable changes that can help propel their companies to the top of their industries. The availability of unprecedented technology-enabled tools has made AI (Artificial Intelligence) an essential component of business analytics. But what’s often lacking are the leadership skills to integrate these technologies to achieve maximum value. Here, the authors provide a comprehensive game plan for developing that all-important human factor to get at the heart of data science: the ability to apply analytical thinking to real-world problems. Each of these tools and techniques comes to powerful life through a wealth of powerful case studies and real-world success stories. Inside, you’ll find the essential tools to help you: Develop a strong data science intuition quotient Lead and scale AI and analytics throughout your organization Move from “best-guess” decision making to evidence-based decisions Craft strategies and tactics to create real impact Written for anyone in a leadership or management role—from C-level/unit team managers to rising talent—this powerful, hands-on guide meets today’s growing need for real-world tools to lead and succeed with data.

Author : Wolfgang Amann,Agata Stachowicz-Stanusch
Publisher : IAP
Page : 213 pages
File Size : 43,6 Mb
Release : 2020-06-01
Category : Technology & Engineering
ISBN : 9781648020759

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Artificial Intelligence and its Impact on Business by Wolfgang Amann,Agata Stachowicz-Stanusch Pdf

Artificial intelligence (AI) technologies are one of top investment priorities in these days. They are aimed at finding applications in fields of special value for humans, including education. The fourth industrial revolution will replace not only human hands but also human brains, the time of machines requires new forms of work and new ways of business education, however we must be aware that if there is no control of human-chatbot interaction, there is a risk of losing sight of this interaction’s goal. First, it is important to get people to truly understand AI systems, to intentionally participate in their use, as well as to build their trust, because “the measure of success for AI applications is the value they create for human lives” (Stanford University 2016, 33). Consequently, society needs to adapt to AI applications if it is to extend its benefits and mitigate the inevitable errors and failures. This is why it is highly recommended to create new AI-powered tools for education that are the result of cooperation between AI researchers and humanities’ and social sciences’ researchers, who can identify cognitive processes and human behaviors. This book is authored by a range of international experts with a diversity of backgrounds and perspectives hopefully bringing us closer to the responses for the questions what we should teach (what the ‘right’ set of future skills is), how we should teach (the way in which schools should teach and assess them) and where we should teach (what implications does AI have for today’s education infrastructure). We must remember as we have already noticed before “…education institutions would need to ensure that that they have an appropriate infrastructure, as well as the safety and credibility of AI-based systems. Ultimately, the law and policies need to adjust to the rapid pace of AI development, because the formal responsibility for appropriate learning outcomes will in future be divided between a teacher and a machine. Above all, we should ensure that AI respect human and civil rights (Stachowicz-Stanusch, Amann, 2018)”.

Author : Andrew Hampshire
Publisher : Bloomsbury Publishing
Page : 256 pages
File Size : 47,5 Mb
Release : 2020-11-12
Category : Business & Economics
ISBN : 9781472962058

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Creating Value Through Technology by Andrew Hampshire Pdf

Business leaders are often too busy to familiarise themselves with the benefits and risks of technical undertakings such as new IT plans or changing digital platforms. Yet, if managed effectively, such initiatives can result in huge returns. Creating Value Through Technology provides CEOs, business owners and directors with a clear and accessible guide to the most prominent and profitable technologies that are available, allowing them to confidently implement and sustain new tech strategies. Different elements of the value chain can be supported and enhanced by different technologies – so it's important to understand how investments in tech can drive revenue growth, profitability and the valuation of a business. In this informative yet approachable book, Andrew Hampshire draws upon years of experience and an array of case studies to assess the potentiality and feasibility of different technologies in creating value based on a business's overall strategy. Andrew's book is centred around the basic levers of shareholder value creation: revenue growth, earnings growth and cash generation alongside the multiples used to value businesses. The book applies this framework to existing and burgeoning technologies, exploring where they can be best implemented and sustained to encourage growth. With Creating Value Through Technology, business leaders will discover a newfound confidence in incorporating technological strategies that will revolutionise their business for the digital age.

Author : Michael Proksch,Nisha Paliwal,Wilhelm Bielert
Publisher : John Wiley & Sons
Page : 423 pages
File Size : 54,8 Mb
Release : 2024-03-04
Category : Business & Economics
ISBN : 9781394233632

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The Secrets of AI Value Creation by Michael Proksch,Nisha Paliwal,Wilhelm Bielert Pdf

Unlock unprecedented levels of value at your firm by implementing artificial intelligence In The Secrets of AI Value Creation: Practical Guide to Business Value Creation with Artificial Intelligence from Strategy to Execution, a team of renowned artificial intelligence leaders and experts delivers an insightful blueprint for unlocking the value of AI in your company. This book presents a comprehensive framework that can be applied to your organisation, exploring the value drivers and challenges you might face throughout your AI journey. You will uncover effective strategies and tactics utilised by successful artificial intelligence (AI) achievers to propel business growth. In the book, you’ll explore critical value drivers and key capabilities that will determine the success or failure of your company’s AI initiatives. The authors examine the subject from multiple perspectives, including business, technology, data, algorithmics, and psychology. Organized into four parts and fourteen insightful chapters, the book includes: Concrete examples and real-world case studies illustrating the practical impact of the ideas discussed within Best practices used and common challenges encountered when first incorporating AI into your company’s operations A comprehensive framework you can use to navigate the complexities of AI implementation and value creation An indispensable blueprint for artificial intelligence implementation at your organisation, The Secrets of AI Value Creation is a can’t-miss resource for managers, executives, directors, entrepreneurs, founders, data analysts, and business- and tech-side professionals looking for ways to unlock new forms of value in their company. The authors, who are industry leaders, assemble the puzzle pieces into a comprehensive framework for AI value creation: Michael Proksch is an expert on the subject of AI strategy and value creation. He worked with various Fortune 2000 organisations and focuses on optimising business operations building customised AI solutions, and driving organisational adoption of AI through the creation of value and trust. Nisha Paliwal is a senior technology executive. She is known for her expertise in various technology services, focusing on the importance of bringing AI technology, computing resources, data, and talent together in a synchronous and organic way. Wilhelm Bielert is a seasoned senior executive with an extensive of experience in digital transformation, program and project management, and corporate restructuring. With a proven track record, he has successfully led transformative initiatives in multinational corporations, specialising in harnessing the power of AI and other cutting-edge technologies to drive substantial value creation.

Author : Miklos A. Vasarhelyi
Publisher : Unknown
Page : 0 pages
File Size : 51,9 Mb
Release : 1989
Category : Accounting
ISBN : 091012972X

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Artificial Intelligence in Accounting and Auditing: Creating value with AI by Miklos A. Vasarhelyi Pdf