1Professor and Consultant, KMIT, Hyderabad
2Assistant Professor, KMIT, Hyderabad
Online Published on 29 August, 2023.
Digital transformation remains a top priority for businesses of all sizes and industries, and it is advancing quickly. Even companies in industries known for being slow to adopt change and heavily reliant on ingrained manual processes are changing the way they operate, resulting in one undeniable trend: a steady adoption of enterprise artificial intelligence (AI) to place even more emphasis on customers, data, and effective decision-making. Enterprise AI is ushering in a new digital era of automation, efficiency, and data-driven business decisions. The application of artificial intelligence in business is fundamentally changing the way businesses operate. AI technologies are being integrated into business operations to save money, increase efficiency, generate insights, and create new markets. Artificial intelligence (AI) can assist businesses in meeting customer demands and providing superior service. The paper contributes to the investigation of the factors influencing AI advancements. The findings of the study will help us better understand the innovations and the impact of AI on businesses and society in general. It will also improve understanding of how artificial intelligence (AI) can transform business operations and, as a result, the global economy. AI in the enterprise will transform how work is done, but companies must overcome several obstacles.
Artificial Intelligence, Enterprise, Technology, Econemy