Though Artificial Intelligence Is Ready For Business - Retail Case Study - Management Assignment Help

Assignment Task

Case Study:

Analyse an existing business problem from a well-known technology company. Identify the problem and develop/implement an appropriate solution using an intelligent system. Due to the COVID19 situation most of the industry got affected. Its spread has left businesses around the world counting costs.Identify the technology challenges faced by most of the businesses. The rapid increase in data volumes in companies has meant that momentous and comprehensive information gathering is barely possible by manual means. Business intelligence solutions can help here. Identify the effects of using Business Intelligence Systemson an Excellence Management and Decision-Making Process by the Companies. Start-ups are also considerable. Discuss the common business strategy the company follows to maintain the metrics and revenue as some of the substantial specific problems are creating new revenue streams, generating savings etc.,
Analyse and discuss “Though Artificial Intelligence is ready for business but are the businesses ready for AI”. How the AI will keep it promises to transform the industries and maintain the profits. How the stakeholders need to act to realize AI’s full potential. Think about education industry, health care system, IT industry, aviation etc., (Case Study for Retail is provided below for your reference).
Common criteria to be consider are as follows:
• Transforming the data into business insights
• Humans and AI are joining and their impacts
• Impact of automation for a future that works
• Critical analysis of Big Data challenges and their analytical methods

Implementation: The solution which you are going to find for the problems by your chosen industry needs to be implemented. You could provide the solution in terms of
• Data Analysis (Python)
• Data Visualisation (Tableau, Dashboard)
 

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