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INTRODUCTION
Artificial intelligence (AI) is its ability to be used as a tool to allow us to do things better,
faster and cheaper than other existing methods.AI has entered the consciousness of every
industry. It has become part of mainstream. Businesses of all types are considering artificial
intelligence to solve real time business problems. Businesses these days face the huge
competition to survive in this competitive era every business need a thorough research and
quick action. Sometimes research and implication be could time consuming process.
Businesses can’t afford spending lot of time working on research and implication. Now a
days taking decision swiftly is the key to grow for this assistance of AI is playing important
role. Ai has ability to learn recognize and act. Which we expect from a manager, these
essential skills of AI make it worth as business assistant. Every business has to pay attention
to four approaches that are
FINANCE
HR
This four approaches builds path to success .if you know how to manage them then sky is
limit. It is not an easy task to manage them that is why we need assistance from humans or
technologies. AI is at best to assist as it could do anything to everything for you. It has
immense power to turn business upside down. 80% of business executives believe that AI
will bring new era if used properly. (adtext) AI is already entered in businesses processes
from small businesses to multibillion empires. As is processes all kind of data structured and
un structured both accurately more human. Its speed and accuracy made businesses survive
market.
Literature Review:
Research Methodology:
The paper revolves around different disciplines taking help of AI to conquer the
industry. The paper is descriptive study, where examples are sited from secondary material
available & some from personal experiences. The study suggests usage of AI in businesses
must be increased to survive in market and eases the processes.
Research Objective:
The primary objective of research paper is analysing in what way AI could be helping hand to
raise the level of businesses management. How adaption of AI will ultimately enhance the
productivity? Assistance of AI is really time and cost efficient is the question for which
research had started. This research may help to find out in which way managers could use AI
to reduce their efforts and save energy for other important aspect.
Assistance of AI in Operations:
Main factor of AI growth is it is versatile it helps in every sectors , companies like Titan are
using AI for product development a product development is very lengthy process in general
AI made it easy. The time required for it is reduced 5 times and also cost reduction is 10
times. Logistic departments are also using it keep inventory track. Automating testing of
features of product with AI has potential to do quality control procedure. AI lets the producer
know if his product is going to survive or not beforehand by considering all the possible way
how customer will be handling the product. Operation works in store, production and quality
control. Most of the companies pay very keen attention to its operations to run the operations
smoothly for which AI is assisting various renowned firms in following ways:
ASSISTANCE OF AI IN MARKETING
Whole marketing strategies changed with the introduction of AI. Digitalizations made
marketing as efficient as of one have all the answers for every question. Landscaping, video
influencing, usage of IoT,etc. shift of traditional marketing to digital marketing is due to its
ease collecting customer data, customer opinion, market scenario analysis is just a click
away. AI helped marketing in below listed approaches.