Intersection Of Ai And Business Intelligence In Data Driven Decision Making

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Data-Driven Business Intelligence Systems for Socio-Technical Organizations

Author : Keikhosrokiani, Pantea
Publisher : IGI Global
Page : 514 pages
File Size : 51,6 Mb
Release : 2024-04-09
Category : Business & Economics
ISBN : 9798369312117

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Data-Driven Business Intelligence Systems for Socio-Technical Organizations by Keikhosrokiani, Pantea Pdf

The convergence of modern technology and social dynamics have shaped the very fabric of today’s organizations, making the role of Business Intelligence (BI) profoundly significant. Data-Driven Business Intelligence Systems for Socio-Technical Organizations delves into the heart of this transformative realm, offering an academic exploration of the tools, strategies, and methodologies that propel enterprises toward data-driven decision-making excellence. Socio-technical organizations, with their intricate interplay between human and technological components, require a unique approach to BI. This book embarks on a comprehensive journey, revealing how BI tools empower these entities to decipher the complexities of their data landscape. From user behavior to social interactions, technological systems to environmental factors, this work sheds light on the multifaceted sources of information that inform organizational strategies. Decision-makers within socio-technical organizations leverage BI insights to discern patterns, spot trends, and uncover correlations that influence operations and the intricate social dynamics within their entities. Research covering real-time monitoring and predictive analytics equips these organizations to respond swiftly to demands and anticipate future trends, harnessing the full potential of data. The book delves into their design, development, and architectural nuances, illuminating these concepts through case studies. This book is ideal for business executives, entrepreneurs, data analysts, marketers, government officials, educators, and researchers.

Decision Intelligence Analytics and the Implementation of Strategic Business Management

Author : P. Mary Jeyanthi,Tanupriya Choudhury,Dieu Hack-Polay,T P Singh,Sheikh Abujar
Publisher : Springer Nature
Page : 236 pages
File Size : 48,7 Mb
Release : 2022-01-01
Category : Technology & Engineering
ISBN : 9783030827632

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Decision Intelligence Analytics and the Implementation of Strategic Business Management by P. Mary Jeyanthi,Tanupriya Choudhury,Dieu Hack-Polay,T P Singh,Sheikh Abujar Pdf

This book presents a framework for developing an analytics strategy that includes a range of activities, from problem definition and data collection to data warehousing, analysis, and decision making. The authors examine best practices in team analytics strategies such as player evaluation, game strategy, and training and performance. They also explore the way in which organizations can use analytics to drive additional revenue and operate more efficiently. The authors provide keys to building and organizing a decision intelligence analytics that delivers insights into all parts of an organization. The book examines the criteria and tools for evaluating and selecting decision intelligence analytics technologies and the applicability of strategies for fostering a culture that prioritizes data-driven decision making. Each chapter is carefully segmented to enable the reader to gain knowledge in business intelligence, decision making and artificial intelligence in a strategic management context.

AI-Enabled Analytics for Business

Author : Lawrence S. Maisel,Robert J. Zwerling,Jesper H. Sorensen
Publisher : John Wiley & Sons
Page : 243 pages
File Size : 50,8 Mb
Release : 2022-01-19
Category : Business & Economics
ISBN : 9781119736080

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AI-Enabled Analytics for Business by Lawrence S. Maisel,Robert J. Zwerling,Jesper H. Sorensen Pdf

We are entering the era of digital transformation where human and artificial intelligence (AI) work hand in hand to achieve data driven performance. Today, more than ever, businesses are expected to possess the talent, tools, processes, and capabilities to enable their organizations to implement and utilize continuous analysis of past business performance and events to gain forward-looking insight to drive business decisions and actions. AI-Enabled Analytics in Business is your Roadmap to meet this essential business capability. To ensure we can plan for the future vs react to the future when it arrives, we need to develop and deploy a toolbox of tools, techniques, and effective processes to reveal forward-looking unbiased insights that help us understand significant patterns, relationships, and trends. This book promotes clarity to enable you to make better decisions from insights about the future. Learn how advanced analytics ensures that your people have the right information at the right time to gain critical insights and performance opportunities Empower better, smarter decision making by implementing AI-enabled analytics decision support tools Uncover patterns and insights in data, and discover facts about your business that will unlock greater performance Gain inspiration from practical examples and use cases showing how to move your business toward AI-Enabled decision making AI-Enabled Analytics in Business is a must-have practical resource for directors, officers, and executives across various functional disciplines who seek increased business performance and valuation.

AI Meets BI

Author : Lakshman Bulusu,Rosendo Abellera
Publisher : CRC Press
Page : 220 pages
File Size : 50,5 Mb
Release : 2020-11-03
Category : Computers
ISBN : 9781000281934

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AI Meets BI by Lakshman Bulusu,Rosendo Abellera Pdf

With the emergence of Artificial Intelligence (AI) in the business world, a new era of Business Intelligence (BI) has been ushered in to create real-world business solutions using analytics. BI developers and practitioners now have tools and technologies to create systems and solutions to guide effective decision making. Decisions can be made on the basis of more reliable and accurate information and intelligence, which can lead to valuable, actionable insights for business. Previously, BI professionals were stymied by bad or incomplete data, poorly architected solutions, or even just outright incapable systems or resources. With the advent of AI, BI has new possibilities for effectiveness. This is a long-awaited phase for practitioners and developers and, moreover, for executives and leaders relying on knowledgeable and intelligent decision making for their organizations. Beginning with an outline of the traditional methods for implementing BI in the enterprise and how BI has evolved into using self-service analytics, data discovery, and most recently AI, AI Meets BI first lays out the three typical architectures of the first, second, and third generations of BI. It then takes an in-depth look at various types of analytics and highlights how each of these can be implemented using AI-enabled algorithms and deep learning models. The crux of the book is four industry use cases. They describe how an enterprise can access, assess, and perform analytics on data by way of discovering data, defining key metrics that enable the same, defining governance rules, and activating metadata for AI/ML recommendations. Explaining the implementation specifics of each of these four use cases by way of using various AI-enabled machine learning and deep learning algorithms, this book provides complete code for each of the implementations, along with the output of the code, supplemented by visuals that aid in BI-enabled decision making. Concluding with a brief discussion of the cognitive computing aspects of AI, the book looks at future trends, including augmented analytics, automated and autonomous BI, and security and governance of AI-powered BI.

Reimagining Businesses with AI

Author : Sudhi Sinha,Khaled Al Huraimel
Publisher : John Wiley & Sons
Page : 288 pages
File Size : 40,7 Mb
Release : 2020-10-20
Category : Business & Economics
ISBN : 9781119709152

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Reimagining Businesses with AI by Sudhi Sinha,Khaled Al Huraimel Pdf

Discover what AI can do for your business with this approachable and comprehensive resource Reimagining Businesses with AI acquaints readers with both the business challenges and opportunities presented by the rapid growth and progress of artificial intelligence. The accomplished authors and digital executives of the book provide you with a multi-industry approach to understanding the intersection of AI and business. The book walks you through the process of recognizing and capitalizing on AI’s potential for your own business. The authors describe: How to build a technological foundation that allows for the rapid implementation of artificial intelligence How to manage the disruptive nature of powerful technology while simultaneously harnessing its capabilities The ethical implications and security and privacy concerns raised by the spread of AI Perfect for business executives and managers who seek a jargon-free and approachable manual on how to implement artificial intelligence in everyday operations, Reimagining Businesses with AI also belongs on the bookshelves of anyone curious about the interaction between artificial intelligence and business.

How will Big Data change the way managers make decisions? Artificial intelligence and its impact on managerial decision making

Author : Carolin Nothof
Publisher : GRIN Verlag
Page : 83 pages
File Size : 52,8 Mb
Release : 2019-03-22
Category : Business & Economics
ISBN : 9783960954866

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How will Big Data change the way managers make decisions? Artificial intelligence and its impact on managerial decision making by Carolin Nothof Pdf

Today’s most precious raw material is not gold, but Big Data: Each one of us generates a huge amount of information every single day, rendering thus both ourselves and our choices transparent. But in addition to that, Big Data helps companies to improve their decision-making. Since managers have to address highly complex issues in an ever more complicated world, they cannot do without Big Data and Artificial Intelligence, as Carolin Nothof explains. By taking into account various external factors, their algorithms predict right entrepreneurial choices. These choices can be made in areas such as retail, Human Resources, the Internet of Things, and marketing. Nothof’s publication is not only rich in theoretical explanations, but also gives examples of the practical use of Big Data in various industries. Machines are a man’s best co-workers. In this book: - Big Data; - decision-making; - AI; - Behavorial Economics; - Machine Learning; - algorithms

Unleashing the Power of Data with Trusted AI

Author : Wendy Turner-Williams
Publisher : Packt Publishing Ltd
Page : 68 pages
File Size : 42,5 Mb
Release : 2024-04-02
Category : Computers
ISBN : 9781835460368

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Unleashing the Power of Data with Trusted AI by Wendy Turner-Williams Pdf

Discover the transformative potential of AI for data-driven decision-making and fast-track your organization's growth journey with trusted AI implementation Key Features Gain comprehensive insights and analyses to make quick and accurate decisions Learn to integrate trusted AI into your organizational workflows and decision-making processes Explore real-world case studies that showcase the transformative impact of AI in diverse industries Purchase of the print or Kindle book includes a free PDF eBook Book DescriptionWritten by a distinguished leader and innovator who has been instrumental in spearheading digital, cloud, and AI transformations across global brands, Unleashing the Power of Data with Trusted AI is an indispensable resource that will make you AI-ready. This comprehensive guide is designed to meet the urgent need for clarity and to give you actionable insights into today's rapidly evolving landscape of AI and its fundamental driver - data. You’ll delve into the exciting world of AI and its integration with data, uncover its significance, ethical considerations, and strategic applications with real-life success stories from industry giants like Starbucks, Netflix, and Siemens. You’ll also witness first-hand how the integration of data and AI has reshaped markets and elevated customer experiences, and discover the future of generative AI based on several surveys and case studies. You’ll gain an understanding of how AI has evolved across industries, empowering decision-making and fostering innovation. Tailored for board members, executives, innovators, and tech enthusiasts, this immersive guide will reshape your understanding of data and AI synergy. By the end of this guide, you’ll be able to lead your teams, customers, partners, and organizations confidently and responsibly in the era of AI. What you will learn Navigate ethical considerations and comply with data regulations effectively Elevate data quality and enhance data literacy within your organization Craft effective AI strategies for data analytics processes Explore real-world case studies showcasing the tangible benefits of trusted AI Optimize decision-making processes by harnessing AI-driven insights Who this book is for This report is for executives and board members of mid to large enterprises, such as CDAIOs, CTOs, CIOs, CISOs, CPOs, and CEOs, as well as AI, data, ethics, privacy, and security professionals. With this book, you’ll confidently develop your data and AI implementation strategy and navigate the complex landscape of emerging technologies with clarity.

Decision-Driven Analytics

Author : Bart De Langhe,Stefano Puntoni
Publisher : University of Pennsylvania Press
Page : 120 pages
File Size : 54,8 Mb
Release : 2024-05-14
Category : Business & Economics
ISBN : 9781613631737

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Decision-Driven Analytics by Bart De Langhe,Stefano Puntoni Pdf

Companies have more data at their fingertips than ever before. Yet, studies show that most executives and organizations fail to extract real value from it. Challenging the conventional wisdom of data-driven decision-making, marketing professors and behavioral scientists Bart De Langhe and Stefano Puntoni argue that many analytics efforts flounder because data analyses are disconnected from the decisions to be made. In their important book, they offer a new approach they call decision-driven analytics. Counterintuitively, they argue that the key to making good decisions with data is to start by putting data in the background. Drawing from their own research and teaching, as well as real-world business cases, De Langhe and Puntoni offer four pillars of decision-driven analytics and guide you around common mistakes that have held back many organizations from using data for impact. In Decision-Driven Analytics, you will learn how to: + Avoid common pitfalls in data-driven decision-making; + Close the gap between managers and decision-making on one side, and data scientists and data analytics on the other; + Enhance the impact of data analytics on business outcomes; + Think without data to make better decisions; + Prepare for artificial intelligence’s impact on data analytics; and + Evaluate the costs and benefits of decision-driven analytics. A must-read for anyone who wants to harness the power of data for competitive advantage, Decision-Driven Analytics will equip you with the skills and tools you need to more effectively use data for business outcomes and to make better decisions in today’s complex and data-rich world.

AI-Based Data Analytics

Author : Kiran Chaudhary,Mansaf Alam
Publisher : CRC Press
Page : 261 pages
File Size : 43,7 Mb
Release : 2023-12-29
Category : Computers
ISBN : 9781003812654

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AI-Based Data Analytics by Kiran Chaudhary,Mansaf Alam Pdf

Apply analytics to improve customer experience, AI applied to targeted and personalized marketing Debugging and simulation tools and techniques for massive data systems

AI and Data Analytics Applications in Organizational Management

Author : Merlo, Tereza Raquel
Publisher : IGI Global
Page : 347 pages
File Size : 42,7 Mb
Release : 2024-02-07
Category : Business & Economics
ISBN : 9798369310595

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AI and Data Analytics Applications in Organizational Management by Merlo, Tereza Raquel Pdf

Within information sciences and organizational management, a pressing challenge emerges; How can we harness the transformative power of artificial intelligence (AI) and data analytics? As industries grapple with a deluge of data and the imperative to make informed decisions swiftly, the gap between data collection and actionable insights widens. Professionals in various sectors are in a race to unlock AI's full potential to drive operational efficiency, enhance decision-making, and gain a competitive edge. However, navigating this intricate terrain, laden with ethical considerations and interdisciplinary complexity, has proven to be a formidable undertaking. AI and Data Analytics Applications in Organizational Management, combines rigorous scholarship with practicality. It traverses the spectrum from theoretical foundations to real-world applications, making it indispensable for those seeking to implement AI-driven data analytics in their organizations. Moreover, it delves into the ethical and societal dimensions of this revolution, ensuring that the journey toward innovation is paved with responsible considerations. For researchers, scholars, and practitioners yearning to unleash the potential of AI in organizational management, this book is the key to not only understanding the landscape but also charting a course toward transformative change.

Digital Twin Technology and AI Implementations in Future-Focused Businesses

Author : Ponnusamy, Sivaram,Assaf, Mansour,Antari, Jilali,Singh, Satyanand,Kalyanaraman, Swaminathan
Publisher : IGI Global
Page : 360 pages
File Size : 46,7 Mb
Release : 2024-01-04
Category : Computers
ISBN : 9798369318195

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Digital Twin Technology and AI Implementations in Future-Focused Businesses by Ponnusamy, Sivaram,Assaf, Mansour,Antari, Jilali,Singh, Satyanand,Kalyanaraman, Swaminathan Pdf

In the modern and data-driven business landscape, organizations face an increasingly complex challenge: how to harness the power of Artificial Intelligence (AI) and digital twin technology to stay competitive and relevant. This challenge is exacerbated by the rapid evolution of these technologies and the urgent need for businesses to adapt. AI continues to advance in areas such as language comprehension, pattern recognition, decision-making, and experiential learning, while digital twins are transforming into electronic replicas of real-world entities. Consequently, businesses grapple with the complexities of navigating this transformative convergence. Digital Twin Technology and AI Implementations in Future-Focused Businesses addresses the pressing issue of how AI and digital twin technology are altering the very fabric of business operations. It delves into the profound implications for productivity, creativity, and decision-making in organizations across diverse industries. Staying ahead of the technical curve is crucial, and this book equips readers with the knowledge and insights needed to thrive in this evolving business landscape.

Decision Intelligence

Author : Thorsten Heilig,Ilhan Scheer
Publisher : John Wiley & Sons
Page : 247 pages
File Size : 43,7 Mb
Release : 2023-10-31
Category : Business & Economics
ISBN : 9781394185443

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Decision Intelligence by Thorsten Heilig,Ilhan Scheer Pdf

Dramatically improve your decisions with data and AI In Decision Intelligence: Transform Your Team and Organization with AI-Driven Decision-Making, a team of pioneering decision and AI strategists delivers a digestible and hands-on resource for professionals at every part of the decision-making journey. The book discusses the latest technology and approaches that bridge the gap between behavioral science, data science, and technological innovation. Discover how leaders from various industries and environments are using data and AI to make better future decisions, taking both human as well as business factors into account. This book covers: A demystifying behind-the-scenes peek inside how AI models, forecasts, and optimization for business challenges really work, and why they open up entirely new possibilities. A business-ready introduction to decision intelligence, exploring why traditional decision-making strategies are outdated and how to transition to decision-intelligence. The evolution of Decision Intelligence, coming from analytics and modern techniques like process mining and robotic process automation An examination of decision intelligence at the organizational level, including discussions of agile transformation, transparent organizational culture, and why psychological safety is a crucial enabler for new ways of decision-making in modern companies An overview of why (and where exactly) AI still needs human expertise and how to incorporate this topic in daily planning and decision making Decision Intelligence is essential reading for managers, executives, board members, other business leaders and soon-to-be leaders looking to improve the quality, adaptability, and speed of their decision-making. Praise for Decision Intelligence "In Decision Intelligence, Thorsten Heilig and Ilhan Scheer build a compelling case for the world of tomorrow’s version of decision-making.” ―Martin Lindstrom, New York Times best-selling author "Decision Intelligence will be one of the big topics for this decade and completely change the way organizations manage, plan, and operate. This book provides a comprehensive guide from the basics to the applications." ―Niklas Jansen, Entrepreneur and Tech Investor, Founding Partner Interface Capital and Co-Founder Blinkist "The book impressively demonstrates the potential and entry points into the world of AI-powered decision making. A very valuable reading for managers and their organizations". ―Michael Kleinemeier, Member of the Merck KG Board of Partners, former Member of the SAP SE Executive Board “The AI hype perfectly captured, easy to understand, de-mystified and mapped to clear use cases - a must-read for today's managers.” ―Dr. Daniela Gerd tom Markotten, Member of the Management Board for Digitalization and Technology, Deutsche Bahn AG

Machine Learning for Business Analytics

Author : Hemachandran K,Sayantan Khanra,Raul V. Rodriguez,Juan Jaramillo
Publisher : CRC Press
Page : 191 pages
File Size : 43,7 Mb
Release : 2022-07-21
Category : Business & Economics
ISBN : 9781000615425

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Machine Learning for Business Analytics by Hemachandran K,Sayantan Khanra,Raul V. Rodriguez,Juan Jaramillo Pdf

Machine Learning is an integral tool in a business analyst’s arsenal because the rate at which data is being generated from different sources is increasing and working on complex unstructured data is becoming inevitable. Data collection, data cleaning, and data mining are rapidly becoming more difficult to analyze than just importing information from a primary or secondary source. The machine learning model plays a crucial role in predicting the future performance and results of a company. In real-time, data collection and data wrangling are the important steps in deploying the models. Analytics is a tool for visualizing and steering data and statistics. Business analysts can work with different datasets -- choosing an appropriate machine learning model results in accurate analyzing, forecasting the future, and making informed decisions. The global machine learning market was valued at $1.58 billion in 2017 and is expected to reach $20.83 billion in 2024 -- growing at a CAGR of 44.06% between 2017 and 2024. The authors have compiled important knowledge on machine learning real-time applications in business analytics. This book enables readers to get broad knowledge in the field of machine learning models and to carry out their future research work. The future trends of machine learning for business analytics are explained with real case studies. Essentially, this book acts as a guide to all business analysts. The authors blend the basics of data analytics and machine learning and extend its application to business analytics. This book acts as a superb introduction and covers the applications and implications of machine learning. The authors provide first-hand experience of the applications of machine learning for business analytics in the section on real-time analysis. Case studies put the theory into practice so that you may receive hands-on experience with machine learning and data analytics. This book is a valuable source for practitioners, industrialists, technologists, and researchers.

Decision Intelligence For Dummies

Author : Pamela Baker
Publisher : John Wiley & Sons
Page : 323 pages
File Size : 47,7 Mb
Release : 2022-02-08
Category : Computers
ISBN : 9781119824848

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Decision Intelligence For Dummies by Pamela Baker Pdf

Learn to use, and not be used by, data to make more insightful decisions The availability of data and various forms of AI unlock countless possibilities for business decision makers. But what do you do when you feel pressured to cede your position in the decision-making process altogether? Decision Intelligence For Dummies pumps the brakes on the growing trend to take human beings out of the decision loop and walks you through the best way to make data-informed but human-driven decisions. The book shows you how to achieve maximum flexibility by using every available resource, and not just raw data, to make the most insightful decisions possible. In this timely book, you’ll learn to: Make data a means to an end, rather than an end in itself, by expanding your decision-making inquiries Find a new path to solid decisions that includes, but isn’t dominated, by quantitative data Measure the results of your new framework to prove its effectiveness and efficiency and expand it to a whole team or company Perfect for business leaders in technology and finance, Decision Intelligence For Dummies is ideal for anyone who recognizes that data is not the only powerful tool in your decision-making toolbox. This book shows you how to be guided, and not ruled, by the data.