Artificial Intelligence For Business Analytics

The Easy Introduction to Machine Learning (Ml) for Nontechnical People--In Business and Beyond Artificial Intelligence for Business is your plain-English guide to Artificial Intelligence (AI) and Machine Learning (ML): how they work, what they can and cannot do, and how to start profiting from them. Writing for nontechnical executives and professionals, Doug Rose demystifies AI/ML technology with intuitive analogies and explanations honed through years of teaching and consulting. Rose explains everything from early “expert systems” to advanced deep learning networks. First, Rose explains how AI and ML emerged, exploring pivotal early ideas that continue to influence the field. Next, he deepens your understanding of key ML concepts, showing how machines can create strategies and learn from mistakes. Then, Rose introduces current powerful neural networks: systems inspired by the structure and function of the human brain. He concludes by introducing leading AI applications, from automated customer interactions to event prediction. Throughout, Rose stays focused on business: applying these technologies to leverage new opportunities and solve real problems. Compare the ways a machine can learn, and explore current leading ML algorithms Start with the right problems, and avoid common AI/ML project mistakes Use neural networks to automate decision-making and identify unexpected patterns Help neural networks learn more quickly and effectively Harness AI chatbots, virtual assistants, virtual agents, and conversational AI applications

We are entering the era of digital transformation where human and artificial intelligence (AI) work hand in hand to achieve data driven performance. Today, more than ever, businesses are expected to possess the talent, tools, processes, and capabilities to enable their organizations to implement and utilize continuous analysis of past business performance and events to gain forward-looking insight to drive business decisions and actions. AI-Enabled Analytics in Business is your Roadmap to meet this essential business capability. To ensure we can plan for the future vs react to the future when it arrives, we need to develop and deploy a toolbox of tools, techniques, and effective processes to reveal forward-looking unbiased insights that help us understand significant patterns, relationships, and trends. This book promotes clarity to enable you to make better decisions from insights about the future. Learn how advanced analytics ensures that your people have the right information at the right time to gain critical insights and performance opportunities Empower better, smarter decision making by implementing AI-enabled analytics decision support tools Uncover patterns and insights in data, and discover facts about your business that will unlock greater performance Gain inspiration from practical examples and use cases showing how to move your business toward AI-Enabled decision making AI-Enabled Analytics in Business is a must-have practical resource for directors, officers, and executives across various functional disciplines who seek increased business performance and valuation.

While methods of artificial intelligence (AI) were until a few years ago exclusively a topic of scientific discussions, today they are increasingly finding their way into products of everyday life. At the same time, the amount of data produced and available is growing due to increasing digitization, the integration of digital measurement and control systems, and automatic exchange between devices (Internet of Things). In the future, the use of business intelligence (BI) and a look into the past will no longer be sufficient for most companies. Instead, business analytics, i.e., predictive and predictive analyses and automated decisions, will be needed to stay competitive in the future. The use of growing amounts of data is a significant challenge and one of the most important areas of data analysis is represented by artificial intelligence methods. This book provides a concise introduction to the essential aspects of using artificial intelligence methods for business analytics, presents machine learning and the most important algorithms in a comprehensible form based on the business analytics technology framework, and shows application scenarios from various industries. In addition, it provides the Business Analytics Model for Artificial Intelligence, a reference procedure model for structuring BA and AI projects in the company. The Content Business Analytics Artificial Intelligence AI and BA platforms Technology framework and procedure model as reference Case studies on the use of AI-based business analytics The Author Felix Weber is a researcher at the University of Duisburg-Essen with a focus on digitalization, artificial intelligence, price, promotion, assortment management, and transformation management. At the Chair of Business Informatics and Integrated Information Systems, he founded the Retail Artificial Intelligence Lab (retAIL). At the same time, he also worked on various jobs as a consultant for SAP systems in retail, Head of Data Science and as Head of ERP. He thus combines current practice with scientific research in this subfield. This book is a translation of an original German edition. The translation was done with the help of artificial intelligence (machine translation by the service DeepL.com). A subsequent human revision was done primarily in terms of content, so that the book will read stylistically differently from a conventional translation.

Corporate success has been changed by the importance of new developments in Business Analytics (BA) and furthermore by the support of computational intelligence- based techniques. This book opens a new avenues in these subjects, identifies key developments and opportunities. The book will be of interest for students, researchers and professionals to identify innovative ways delivered by Business Analytics based on computational intelligence solutions. They help elicit information, handle knowledge and support decision-making for more informed and reliable decisions even under high uncertainty environments.Computational Intelligence for Business Analytics has collected the latest technological innovations in the field of BA to improve business models related to Group Decision-Making, Forecasting, Risk Management, Knowledge Discovery, Data Breach Detection, Social Well-Being, among other key topics related to this field.

Focusing on the cutting-edge applications of AI cognitive computing from neuromorphic to quantum cognition as applied to AI business analytics, this new volume explores AI’s importance in managing cognitive processes along with ontological modeling concepts for venturing into new business frontiers. The volume presents a selection of significant new accomplishments in the areas of AI cognitive computing ranging from neurocognition perception and decision-making in the human brain—combining neurocognitive techniques and effective computing—to basic facial recognition computing models. Topics include: Agent neurocomputing techniques for facial expression recognition Computing haptic motion and ontology epistemic Characterizations of morph schemas for visual analytics Learning and perceptive computing Functional and structural neuroimaging modeling Observed links between facial recognition and affective emotional processes Interaction of cognitive and emotional processes during social decision-making Neurocognitive processing of emotional facial expressions in individuals Neurocognitive affective system for emotive robot androids Virtual reality-based affect adaptive neuromorphic computing Executive surveys indicate that cognitive adoption is very important in business strategy for success and to remain competitive. Employing cognitive-based processes provides the way to get the right information in the right hands at the right time, which is the key to winning in the digital era and to driving business value that emphasizes competitive differentiation. Several chapters of the volume address the goal of using cognitive technology to improve search capabilities, to provide personalized customer service in business and in health and wellness, and to create better workflow management. Key features: Looks at the newest frontiers on very popular AI and analytics topics Discusses new techniques for visual analytics and data filtering Shows how AI and cognitive science merges with quantum neurocognitive computing Presents ontology models with ontology preservation data filtering techniques Provides a cross-transposition on AI and digitizations for business model innovations Artificial Intelligence and Computing Logic: Cognitive Technology for AI Business Analytics is a valuable resource that informs businesses and other enterprises the value of artificial intelligence and computing logic applications.

Intelligent business analytics is an emerging technology that has become a mainstream market adopted broadly across industries, organizations, and geographic regions. Intelligent business analytics is a current focus for research and development across academia and industries and must be examined and considered thoroughly so businesses can apply the technology appropriately. The Handbook of Research on Foundations and Applications of Intelligent Business Analytics examines the technologies and applications of intelligent business analytics and discusses the foundations of intelligent analytics such as intelligent mining, intelligent statistical modeling, and machine learning. Covering topics such as augmented analytics and artificial intelligence systems, this major reference work is ideal for scholars, engineers, professors, practitioners, researchers, industry professionals, academicians, and students.

"This book provides the information on the machine learning techniques that can be in business problems in efficient way. It encourages the data Scientists to take a proactive attitude toward applying machine learning techniques in business. It increases evolutionary computation awareness in Machine Learning by providing a clear direction for applying machine learning techniques in Business Industry"--

Do you want to learn the progress made in the web marketing space and how you can exploit it for your marketing strategies? Do you want to gain an edge over your business's competitors? If you want to know how Artificial Intelligence Technology can give your business a major performance boost, then keep reading. The Fourth Industrial Revolution is upon us, led by the Artificial Intelligence technology and setting the humankind for a global social transformation. The powerful applications of AI have already transformed our daily lives. Tools such as virtual personal and home assistants (like Siri in Apple Pods and Alexa in Amazon Echo) have become everyday usage products. Moreover, our digital lives have inundated organizations with astronomical volumes of data with hidden treasures of valuable insights. This information can be uncovered with the use of big data analytics and applied in combination with the Artificial Intelligence technology to increase your business performance efficiency. Learning to incorporate the Artificial Intelligence applications, Machine Learning, and Big Data Analytics in line with your company's domain can only give your business positive results. Our aim with this book is to provide you a 360 view of the fundamentals and importance of Artificial Intelligence Technology. You Will Learn: The Fundamentals of Artificial Intelligence and Machine Learning Applications, and Why are They so Important in the World Today. Gain an In-depth Understanding of 12 of the Most Popular Artificial Intelligence Tools in the Market, in an Easy to Understand and Colloquial Language. The Science of Big Data and How Companies are Increasingly Employing Good Analytical Tools to Makes Sense of an Estimated 1.7 MB of Data that will be Generated per Second per Person by 2020. What Different Types of Machine Learning Algorithms are and How They Work to Make Machines Able to Learn and Train themselves with Repeated Use. Even if you are a beginner, you will be armed to make sound personal and professional technological choices. Would You Like to Know More? Download Now to get access to Artificial Intelligence power.