Adoption of Artificial Intelligence within Business Organization

Running head: ARTIFICIAL INTELLIGENCE WITHIN BUSINESS ORGANIZATION
Adoption of artificial Intelligence within business organization
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1ARTIFICIAL INTELLIGENCE WITHIN BUSINESS ORGANIZATION
Discussion of Adoption of artificial Intelligence within business organization:
The artificial intelligence has been changing the way the businesses are conducted. This has
been also determining the daily of customers. Further, it has promised to boost various profits and
different digital transformations. In the following study various prior literatures is studied to analyze
the adoption of artificial intelligence at businesses.
Literature review on prior studies:
It has been seen that AI has been the game-of-few-players. Here various digital frontiers such
as Facebook, Microsoft, Microsoft, Amazon and Google have been incorporating technology of AI
to their various business processes. This has been mainly because of human-level performances and
the capability in predicting and automating high quantity of data. AI-based algorithms in long-run
have been served as the new general purpose as the process of invention. It has been reshaping
innovation processes as per as Steels and Brooks (2018).
The proactive AI-adopter has been seeing notably higher margins of profits. This has been as
compared to various non-adopters. Further, they have been also positive regarding future and have
been predicting grow and taking advantages even more as AI has been maturing.
Cohen & Feigenbaum (2014) highlighted that adoption of AI has been rising. As per the
current article from Forbes, 80% of the businesses has been inventing at AI. Mark Hurd, the CEO of
Oracle has agreed and has been betting the future of Oracle on the fact that most of the enterprise
data has been autonomously within 2020. Hurd stated that the future has been autonomous.
However, AI has not been mature enough and it is not needed at the niche category. Further, there
have been various practitioners and experts as it is the time to fetch how the innovation has been

2ARTIFICIAL INTELLIGENCE WITHIN BUSINESS ORGANIZATION
affecting the business. Moreover, there has been disrupting of business giving up on the
competition.
Rise in AI adoption around every industry:
The statement of Hurd is interpreted by Moro, Cortez and Rita (2015). They state that the
Oracle should be utilizing the machine learning for making the data integration and apps, analytics
and identity and system management autonomous. Further, Trcatia, which is a popular market
intelligence firm, has been focussing on human interactions with the technology has been releasing
researches to value of AI for the future days. Their report has shown that the quantitative analysis
has been providing market opportunities for segmenting, sizing and forecasting numerous AI use
cases. Further, Partanen, Jajaee and Cavén (2017) has pointed out that the rise in tide of AIU
adoptions around various industries has been driving notable growth for the following decade with
various AI software potential revenues to rise from $3 billion at 2016 to $90 billion within 2025. The
forecast has been a notable upgrade of the previous projection of Tractica, for the market revenue of
AI. This was been published at the second quarter of 2017 because of developed outlook for various
specific use cases around various businesses. Further, Walczak (2018) mentioned that as compared
to last few years, the AI market has begun to solidify across various real-life applications under the
speed of change that has been faster than before.
This is because the technology providers and start-ups have been rushing to develop targeted
niche solutions and platforms to solve particular problems of enterprise. Here, AI has been the key to
the way how consumer internet agencies have been operating at present as argued by Valter,
Lindgren and Prasad (2018). This has been to roll out various hyper-personalized services as
followed by the strategy of AI-first. Secondly, the rest of the market at government and enterprise
sectors has been catching up in adopting AI. However, it has been needed to understand the value