AI AND MACHINE LEARNING IN BUSINESS PROCESS AUTOMATION: INNOVATING WAYS AI CAN ENHANCE OPERATIONAL EFFICIENCIES OR CUSTOMER EXPERIENCES IN U.S. ENTERPRISES

This study presents a comprehensive review of the transformative role of Artificial Intelligence (AI) and Machine Learning (ML) in enhancing business processes across various industries. By examining a total of 75 peer-reviewed articles, the review highlights key areas where AI and ML have demonstrated significant impact, including operational efficiency, customer engagement, and strategic decision-making. Findings indicate that AI-driven process optimizations, particularly through predictive maintenance and resource management, have led to substantial cost savings and improved productivity by minimizing downtime and enhancing workflow efficiencies. Additionally, AI’s ability to support personalized customer experiences—through recommendation systems, dynamic pricing, and chatbots—has proven instrumental in driving customer satisfaction, retention, and engagement, making it a critical tool in customer relationship management. Furthermore, the strategic adoption of AI and ML has enabled data-driven decision-making, allowing companies to respond more effectively to market changes and forecast business outcomes with greater accuracy. The study also explores the transition from Robotic Process Automation (RPA) to AI as a foundational step, illustrating how RPA provides a structured entry point for advanced AI applications, creating an automation-ready environment. However, challenges such as technical limitations, ethical concerns, and organizational resistance persist, underscoring the need for careful implementation strategies. Addressing these challenges will be vital for organizations aiming to maximize the benefits of AI-driven automation in an increasingly competitive digital landscape. This review underscores the significant potential of AI and ML in reshaping business models and emphasizes the importance of ongoing research and development in these fields to support sustainable and scalable innovations.

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Publication Details

Journal
Non human journal.
Published
2024-11-03
DOI
https://doi.org/10.70008/jmldeds.v1i01.41
Citations
7
Primary Topic
Big Data and Business Intelligence
Type
article
Field-Weighted Citation Impact
3.70
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article

AI AND MACHINE LEARNING IN BUSINESS PROCESS AUTOMATION: INNOVATING WAYS AI CAN ENHANCE OPERATIONAL EFFICIENCIES OR CUSTOMER EXPERIENCES IN U.S. ENTERPRISES

Anisur Rahman
7 citations
Non human journal.
Big Data and Business Intelligence
3.70
article

AI AND MACHINE LEARNING IN BUSINESS PROCESS AUTOMATION: INNOVATING WAYS AI CAN ENHANCE OPERATIONAL EFFICIENCIES OR CUSTOMER EXPERIENCES IN U.S. ENTERPRISES

Anisur Rahman
article en
7 citations

Abstract

This study presents a comprehensive review of the transformative role of Artificial Intelligence (AI) and Machine Learning (ML) in enhancing business processes across various industries. By examining a total of 75 peer-reviewed articles, the review highlights key areas where AI and ML have demonstrated significant impact, including operational efficiency, customer engagement, and strategic decision-making. Findings indicate that AI-driven process optimizations, particularly through predictive maintenance and resource management, have led to substantial cost savings and improved productivity by minimizing downtime and enhancing workflow efficiencies. Additionally, AI’s ability to support personalized customer experiences—through recommendation systems, dynamic pricing, and chatbots—has proven instrumental in driving customer satisfaction, retention, and engagement, making it a critical tool in customer relationship management. Furthermore, the strategic adoption of AI and ML has enabled data-driven decision-making, allowing companies to respond more effectively to market changes and forecast business outcomes with greater accuracy. The study also explores the transition from Robotic Process Automation (RPA) to AI as a foundational step, illustrating how RPA provides a structured entry point for advanced AI applications, creating an automation-ready environment. However, challenges such as technical limitations, ethical concerns, and organizational resistance persist, underscoring the need for careful implementation strategies. Addressing these challenges will be vital for organizations aiming to maximize the benefits of AI-driven automation in an increasingly competitive digital landscape. This review underscores the significant potential of AI and ML in reshaping business models and emphasizes the importance of ongoing research and development in these fields to support sustainable and scalable innovations.

Non human journal.Vol. 1(01)
American University (US), American InterContinental University (US)
Openalex Percentile: Top 6%
Big Data and Business Intelligence
3.70
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