Maximizing Business Performance through Artificial Intelligence

Artificial Intelligence (AI) has emerged as a transformative force in modern business, driving significant improvements in efficiency, decision-making, and customer engagement.By harnessing the power of AI, organizations can enhance operational performance, streamline workflows, and develop data-driven strategies that improve competitiveness in rapidly changing markets.This paper explores how AI technologies such as machine learning, natural language processing, and predictive analytics can optimize business processes across various sectors, from finance to healthcare and manufacturing.By automating routine tasks, AI allows businesses to focus on high-value strategic initiatives, enabling faster responses to market demands and improving customer satisfaction through personalized experiences.Moreover, AI's capacity to analyze large volumes of data offers predictive insights that can inform better decision-making, reduce costs, and uncover new growth opportunities.Challenges such as data privacy, ethical concerns, and the need for skilled talent are also discussed, along with strategies for overcoming them.This paper highlights the pivotal role AI can play in maximizing business performance, offering a roadmap for businesses to integrate AI technologies and remain agile and competitive in the digital era.

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Publication Details

Journal
International Journal of Computer Applications
Published
2024-12-26
DOI
https://doi.org/10.5120/ijca2024924252
Citations
1
Primary Topic
Big Data and Business Intelligence
Type
article
Field-Weighted Citation Impact
0.53
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article

Maximizing Business Performance through Artificial Intelligence

Jubair Bin Sharif, Md. Kwosar, Md. Faysal Ahmed, Mobasher Hasan et al.
1 citations
International Journal of Computer Applications
Big Data and Business Intelligence
0.53
article

Maximizing Business Performance through Artificial Intelligence

Jubair Bin Sharif, Md. Kwosar, Md. Faysal Ahmed, Mobasher Hasan, Daniel Lucky Michael
article en
1 citations

Abstract

Artificial Intelligence (AI) has emerged as a transformative force in modern business, driving significant improvements in efficiency, decision-making, and customer engagement.By harnessing the power of AI, organizations can enhance operational performance, streamline workflows, and develop data-driven strategies that improve competitiveness in rapidly changing markets.This paper explores how AI technologies such as machine learning, natural language processing, and predictive analytics can optimize business processes across various sectors, from finance to healthcare and manufacturing.By automating routine tasks, AI allows businesses to focus on high-value strategic initiatives, enabling faster responses to market demands and improving customer satisfaction through personalized experiences.Moreover, AI's capacity to analyze large volumes of data offers predictive insights that can inform better decision-making, reduce costs, and uncover new growth opportunities.Challenges such as data privacy, ethical concerns, and the need for skilled talent are also discussed, along with strategies for overcoming them.This paper highlights the pivotal role AI can play in maximizing business performance, offering a roadmap for businesses to integrate AI technologies and remain agile and competitive in the digital era.

International Journal of Computer ApplicationsVol. 186(54)
Bay Institute (US), National University Bangladesh (BD), BRAC University (BD)
Openalex Percentile: Top 23%
Big Data and Business Intelligence
0.53
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Maximizing Business Performance through Artificial Intelligence — Jubair Bin Sharif, Md. Kwosar, et al. · International Journal of Computer Applications (2024) | TGRS Research Map | TGRS