AI-Powered Business Evolution

Abstract

This chapter, as per the authors, examines the multidimensional function of artificial intelligence (AI) in many industries, focusing on its strategic integration for organizational success, decision-making improvement, and data management efficiency. The chapter examines how AI-driven solutions are altering old processes and catalyzing innovation in the logistics, aeronautics, agriculture and the banking industry. In logistics, AI enables predictive analytics and route optimization, resulting in better supply chain management and operational efficiency. AI in aeronautics improves safety measures, optimizes fuel usage, and revolutionizes flight operations. In addition, the use of AI in agriculture provides farmers with precision farming techniques which allow optimized resource allocation and higher crop yields. Finally, AI in the banking industry streamlines operations, enhances customer experience, and enables data-driven decision making for personalized services and fraud detection.