Artificial Intelligence in ASDA: Importance, Development, and Use
Verified
Added on  2023/06/13
|8
|2551
|377
AI Summary
This report covers the importance, development, and use of Artificial Intelligence in ASDA, a leading international supermarket company. It discusses the technological platforms and software used, the type of business and organization that uses AI, and how effective it is as a business tool.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
BM565 Digital Business and New Technology
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Table of Contents INTRODUCTION...........................................................................................................................1 Importance of Artificial Intelligence in ASDA...............................................................................1 Development of Artificial Intelligence in ASDA............................................................................2 Description and use of the technology used in the Artificial Intelligence in ASDA.......................2 Technological platforms and software used in Artificial Intelligence in ASDA.............................3 Type of business and organisation that uses the Artificial Intelligence...........................................4 How Artificial Intelligence in ASDA is used as a business tool and how effective it is.................4 CONCLUSION................................................................................................................................5 References........................................................................................................................................6
INTRODUCTION Digital Business and new technology is defined as the companies who has adopted the emerging technology in order to simplify their functioning within the firm. The current report covers the artificial intelligence as the emerging and the new technology which is adopted by ASDA. Artificial Intelligence is defined as the ability of the computer system which is controlled by human being in order to perform the task in a more accurate manner as compared to the humans. It highly requires the human intelligence and discernment in the form of computers for more speeding up the functions. ASDA is one of the leading international supermarket company which is established in 1949 and headquartered in UK. It deals with the products and services such as food products, home appliances and many more. ASDA uses Artificial Intelligence as a new technology in their organization. The following discussion is based on the importance and development of artificial intelligence. The report also provides the insight of use of the technology and technological platforms in artificial intelligence. The report also views the type of business who uses the new technology and how much the Artificial Intelligence is effective as a business tool in context of ASDA. Importance of Artificial Intelligence in ASDA ASDA has a great importance of artificial intelligence. Such as gaining consumer interest via personalization is one of the importance of AI in ASDA. AI helps in personalised promotions and advertising to the company and also the in store navigation along with the dynamic pricing of the products technique in order to gain the interest of the customers through personalization. Improving inventory management is an another importance of AI in ASDA. AI supports in the facilities of grocery store robots who performs work in an accurate manner and AI based forecasting on grocery stores in order to enhance the management of inventory of the firm. Reduction in theft is also one of the importance of AI in ASDA (Dick, 2019). AI assist in reducing the shoplifting and sweethearting tool for identifying the stealing of the products from the stores with the help of the computer based vision in order to reduce the theft in the stores. Improving social distancing is also an another importance of AI in ASDA. AI aids in tracking and monitoring the social distancing and also the robots who are replacing the human staff on grocery stores in order to enhance the social distancing in stores. Improving the checkout process is one of the important of AI in ASDA. AI facilities with the smart shopping carts to the 1
customers so that they can enrich the customer experience while hopping up with ASDA and also helps in self checkout with the help of the AI powered cameras. Moreover, it also renders the smart shelves technology and autonomous self driving stores as well in order to enhance the entire checkout process within ASDA (Gangjee, 2019). Development of Artificial Intelligence in ASDA ASDA has adopted the new technology of artificial intelligence because they were to introduce the robots supermarkets for the future which are increasingly helping in tackling the problems of inventory related. These problems includes the prevention of the out of the stock items and incorrect labelling along with the pricing of the products and services offered by ASDA. Company is also looking for the AI robots who can scan the shelves 2.4 m above the floor within the store. There are cameras who enables the gauge of ripeness in order to produce and monitor the product which are available on the shelf. It even identifies the spills and instant alerts the staff to make sure the fast clean up (Taulli and Oni, 2019). ASDA is also using the artificial intelligence for introducing the advanced algorithms so that it can be understood that what are the basic and in depth interest of the customers. All such information are totally based on the demographic data and social media behaviour along with the purchase patterns of the customers. This data helps in enhancing the shopping experience of the customers and also the personalised services both in stores and online as well. Artificial intelligence solutions is developed in ASDA because it solves the major problems of the stores and performs the human tasks in an accurate manner without any errors. It serves the customers from learning out from the past experiences and also manages the customers traffic patterns. It also adjust the new inputs by simply collaborating and integrating the large data sets with the help of the fast processor and in depth algorithms (Jackson, 2019). Description and use of the technology used in the Artificial Intelligence in ASDA Natural language generation is one of the technology used in AI. It helps in converting the complicated text into data for better communication and ideas for the business. Speech recognitionisananothertechnologyusedinAI.Itconvertsthehumanspeechinto comprehensive format in order to process the computer applications. Machine learning platforms is also one of the technology used in AI. It helps in developing the new technologies related to 2
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
AI for further enhancement in business functions. Virtual agents is also an another technology used in AI. It is the system which interacts the humans with the help of chatbots for solving query of the customers. Decision management is one of the technology used in AI. It helps in analysing the big data and its management for future analysis and strategic decision making. AI optimised hardware is an another technology used in AI (Jordan, 2019). It assist in improving graphics and central processing units as well for better structure formulation of the tasks. Deep learningplatformsisalso one of thetechnologyused in AI. Theseplatformscodethe complicated software in order to solve the heavy problems within the business. Robotic process automation is also an another technology used in AI. AI robots delivers the personalised services and accounting management along with the financial services and human resources or supply chain management as well. Bio metrics is one of the technology used in AI. It recognises the human body parts or physical features to enter into the security such as speech, fingerprints and face. Cyber defence is an another technology used in AI. It helps in detecting the cyber attacks and mitigating the same for cyber security of the technical resources (Haenlein and Kaplan, 2019). Content creation is also one of the technology used in AI. It creates the video and audio content long with the text based and many more for attracting the customers towards the brand. Emotion recognition is also an another technology used in AI. AI helps in reading and interpretingthe advanced processing of the technology. Image recognition is one of the technology used in AI. Customer can capture the image and show to the software so that the software can process it in order to search it outfor the customer as per the needs and requirements of it. Marketing automation is an another technology used in AI. Customer segmentation and data integration along with the campaign management is widely used with the help of AI (Shaw, Rudzicz, Jamieson and Goldfarb, 2019). Technological platforms and software used in Artificial Intelligence in ASDA There are several technological platforms and software used in AI in ASDA. Google is one of the technological platform and software used in AI. Name of the platform is Google cloud AI used in creation of applications. Amazon is an another technological platform and software used in AI. Name of the platform is Amazon AI services used in the accessibility of the AI services(Shi, 2019). Microsoft is also one of the technological platform and software used in AI. Name of the platform is Microsoft Azure AI used to integrate the cloud product ad mission critical solutions. H2O.ai is also an another technological platform and software used in AI. 3
Name of the platform is H2O.ai used in democratisation of AI and machine learning. IBM is one of the technological platform and software used in AI(Jarek and Mazurek, 2019). Name of the platform is IBM Watson Studio used in building and training of AI models. Google brain team is an another technological platform and software used in AI. Name of the platform is TensorFlow used in the clarification of the deployments and high level APIs. DataRobot is also one of the technological platform and software used in AI. Name of the platform is DataRobot used in accelerating the data science in automating the Journey from data to information. Wipro Holmes is also an another technological platform and software used in AI. Name of the platform isWipro Holmes AI and automation platform used in consultation and business processes.Salesforce is one of the technological platform and software used in AI. Name of the platform is Salesforce Einstein used in customer relationship management space. Infosys is an another technological platform and software used in AI. Name of the platform is Infosys Nia used in data management and model development or digitization of images and documents(Goralski and Tan, 2020). Type of business and organisation that uses the Artificial Intelligence There are several types of business and organisations that uses the AI. Business who has the business mode of e commerce uses the AI at its maximum level. This is done for smart searchesandservicespersonalisationalongwiththeproductrecommendationandfraud detection or dynamic price optimization. Business who are working as marketers uses AI to content curation and image recognition along with the customer segmentation and predictive customer service or social semantics as well. Moreover the business who deals with the smart products and smart assistants along with the help desk chatbots and facial recognition technology which is followed by the personalised recommendation and predictive maintenance or delivery and travel and CRM are also uses the artificial intelligence in their working and quick functioning within the firms(Akerkar, 2019). How Artificial Intelligence in ASDA is used as a business tool and how effective it is Artificial intelligence in ASDA is used as a business tool because it has proved as an effective tool for the company. This is because ASDA is benefited in predicting the market shifts and also the customer interest in this fluctuating era of demands. AI has processed the billion of data points and also uses the past data to interpret the future outcomes for ASDA. It helps in the 4
high level of accuracy and allows ASDA to make more strategic decisions. It has saved a lot of time and money of the firm by simply automating the tasks and processes. It has increased the productivity of the firm with operational efficienciesand cognitive technologies as well. Company is also seeking to introduce the data mining and electronic point of sale systemand installing it in each store(Bousoula, 2022). CONCLUSION It is concluded that digital business and new technology is an important concept to learn and study so that its applications can be applied in the real world organizations. This is because it is necessary for the company to adopt digital transformation by adopting new technology for better working of the company. The reason being is that now a days it is impossible for the businesses to survive without using the emerging technology for their growth and development in the market place. Therefore, it is essential to examine the importance of Artificial Intelligence. It is necessary to determine the development of Artificial Intelligence. It is significant to describe and use of the technology used in the Artificial Intelligence. It is crucial to assess the technological platforms and software used in Artificial Intelligence. It is vital to evaluate the type of business and organisation that uses the Artificial Intelligence. It is imperative to analyse that how Artificial Intelligence is used as a business tool and its effectiveness as well. Hence, the above discussion covers all such areas in order to better understand the concept of artificial intelligence as digital business and new technology. 5
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
References Books and Journals Akerkar, R., 2019.Artificial intelligence for business. Springer. Bousoula, A., 2022. Modeling and Improving the Distribution Processes of a Greek Supermarket Company utilizing DMAEV Methodology and Digital Transformation. Dick, S., 2019. Artificial intelligence. Gangjee, D.S., 2019. Eye, Robot: Artificial Intelligence and Trade Mark Registers.Forthcoming in N. Bruun, G. Dinwoodie, M. Levin & A. Ohly (eds.), Transition and Coherence in Intellectual Property Law,(Cambridge University Press, 2020). Goralski, M.A. and Tan, T.K., 2020. Artificial intelligence and sustainable development.The International Journal of Management Education,18(1), p.100330. Haenlein, M. and Kaplan, A., 2019. A brief history of artificial intelligence: On the past, present, and future of artificial intelligence.California management review,61(4), pp.5-14. Jackson, P.C., 2019.Introduction to artificial intelligence. Courier Dover Publications. Jarek, K. and Mazurek, G., 2019. Marketing and Artificial Intelligence.Central European Business Review,8(2). Jordan, M.I., 2019. Artificial intelligence—the revolution hasn’t happened yet. Shaw, J., Rudzicz, F., Jamieson, T. and Goldfarb, A., 2019. Artificial intelligence and the implementation challenge.Journal of medical Internet research,21(7), p.e13659. Shi, Z., 2019.Advanced artificial intelligence(Vol. 4). World Scientific. Taulli, T. and Oni, M., 2019.Artificial intelligence basics(p. 9). Berkeley: Apress. 6