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Question: Unlike Business Intelligence (BI), which makes analysing data

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Unlike Business Intelligence (BI), which makes analysing data

much easier but leaves decisionmaking in the Enter question
hands of humans,
Artificial Intelligence (AI) can enable computers to make business
decisions themselves.
For example, chatbots can, without human
intervention, answer customer questions. Beyond simply
clarifying a
messy picture, AI can provide human operators with prescriptions
and can act on those
prescriptions autonomously. Going forward,
businesses would do well to not regard AI and BI as
completely
separate technologies, but rather explore and invest in ways to
fully realize the potential they Continue to post
have in working together, helping
businesses solve their greatest challenges grow to new heights.
Under
0 questions remaining
the framework of Big Data Analytics, research and evaluate
how AI can change the understanding of
practices and inform
strategic planning and decision making. Identify emerging trends
within the fields of
AI and BI and evaluate the social and ethical
aspects. In this assignment, you are required to write 2400 (±
10
%) words report appraising current theory and practice in AI and
BI.
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Introductio... Real Estate... Guide to...
Business Intelligence and artificial intelligence are
increasingly crucial yet often misunderstood tools in an
enterprise
context. 7th Edition 14th Edition 6th Edition

Put simply, artificial intelligence (AI) explores the use of

computer systems to mimic various attributes of View all solutions
human intelligence,
such as problem solving, learning, and judgment. Though in its
technological infancy,
businesses see huge potential in AI for
speech recognition, decision-making, and everything in between. A
2017 survey conducted by PwC shows that over 72 percent of business
leaders believe that the using AI
can “enable humans to concentrate
on meaningful work.”

Both AI and BI have key, and in some cases overlapping,

enterprise applications.

Business intelligence (BI) refers to the use of various

technologies and tools to collect and analyze
business data. The
main purpose of BI is to provide companies with useful information
and analysis to aid
decision-making. Using BI allows businesses to
make decisions nearly five times faster than they otherwise
could.

Both AI and BI have key, and in some cases overlapping,

enterprise applications. There are, however,
important differences
between these technologies that businesses should grasp. This
article provides an
overview of some of AI’s and BI’s goals and
use-cases. Understanding these differences can clarify how AI
and
BI complement one another and may help businesses save valuable
resources down the road.

The Goals of AI and BI Are Very Different

The Main Goals of BI

BI aims to streamline the process of collecting, reporting and

analyzing data. Using BI allows companies to
improve the quality of
the data they collect and the consistency with which they collect
it.

As Michael F. Gorman, professor of operations management and

decision science at the University of
Dayton in Ohio, said in an
article published by CIO Magazine, “[Business Intelligence] doesn’t
tell you what
to do; it tells you what was and what is.”

In other words, BI tools can turn reams of noisy data into a

coherent picture, but they are not designed to
provide clear
prescriptions for how that data should be used in
decision-making.

Companies like Microsoft, Oracle, and Tableau have developed BI

tools for a range of business functions,
including HR, sales, and
marketing. By monitoring everything a business does on a daily
basis – and
utilizing data to create spreadsheets, performance
metrics, dashboards, charts, graphs, and other useful
visualizations – businesses can organize data and make
traditionally difficult decisions much more easily.
The adoption of
BI solutions has grown nearly 50 percent in the past three
years.

The Main Goals of AI

Modeling human intelligence is one of the primary goals of

artificial intelligence. By modeling human
behaviors and
thought-processes, AI programs can learn and make rational
decisions.

The technology professionals who build and operate AI programs

are often trying to answer certain
questions: Can machines learn
and adapt? Can machines develop reliable intuition?
 Exploring these questions can yield significant benefits for
businesses willing to invest and experiment. As
past Toptal
Insights articles have explored, using AI-driven applications, like
chatbots, can drive greater
efficiency and profits.

Beyond simply clarifying a messy picture, AI can provide human

operators with prescriptions, and can act
on those prescriptions
autonomously.

Unlike BI, which makes analyzing data much easier but leaves
decision-making in the hands of humans, AI
can enable computers to
make business decisions themselves. For example, chatbots can,
without human
intervention, answer customer questions. Beyond
simply clarifying a messy picture, AI can provide human
operators
with prescriptions and can act on those prescriptions
autonomously.
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Practice with similar questions

Q: Unlike Business Intelligence (BI), which makes analysing data

much easier but leaves decisionmaking in the hands of
humans,
Artificial Intelligence (AI) can enable computers to make business
decisions themselves. For example,
chatbots can, without human
intervention, answer customer questions. Beyond simply clarifying a
messy picture, AI
can provide human operators with...

A: See answer

Q: nlike Business Intelligence (BI), which makes analysing data

much easier but leaves decisionmaking in the hands of
humans,
Artificial Intelligence (AI) can enable computers to make business
decisions themselves. For example,
chatbots can, without human
intervention, answer customer questions. Beyond simply clarifying a
messy picture, AI
can provide human operators with prescriptions...

A: See answer

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