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Business Case Analysis on Artificial Intelligence

   

Added on  2022-09-02

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Running head: BUSINESS CASE ANALYSIS ON ARTIFICIAL INTELLIGENCE
BUSINESS CASE ANALYSIS ON ARTIFICIAL INTELLIGENCE
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Business Case Analysis on Artificial Intelligence_1

BUSINESS CASE ANALYSIS ON ARTIFICIAL INTELLIGENCE1
Executive Summary:
Now a day’s technology has over powered our daily activities by enhancing the service
process as well as by improving the accuracy of those services. Considering this aspect it is also
identified that in the process of enhancing our daily activities social media holds a major impact
towards it. Thus, Facebook can be considered as one of the technologies that has influences the
traditional activities. As it is mentioned that Facebook is one of best platform hence, it study has
focus on enhancing the services offered by Facebook by incorporating Artificial Intelligence with
Facebook. In order to elaborate this discussion this paper consist a detail analysis on the
business opportunities where it is identified that AI has effectively improved the business value
of Facebook by improving the services of Facebook along with this it has effectively elaborated
the measurable organizational value as well as the possible best alternatives that has helped to
implement the AI application that influenced the user experience. Followed by this the study has
then analyzed the mentioned alternatives and the recommended the best suit alternative for the
business case. After completion of these discussion it has then concluded by stating best
implementation plan which help to incorporate AI for future benefits.
Business Opportunity:
Followed by this concern it is identified that proper investment of information technology
can help to improve the user experience. Since, it is very prominent that Facebook has a large set
of user data which contains several information about their users including the preference of their
users too. The nominated technology works based on the process of data analysis as, it is
identified that Facebook data is a large set of data thus, by analyzing these data offered features
by Facebook can be enhanced.
Business Case Analysis on Artificial Intelligence_2

BUSINESS CASE ANALYSIS ON ARTIFICIAL INTELLIGENCE2
Making allowance to this concern it is identified that for any types of business platform
or social media platform communication is very essential (Chan, et. al., 2016). Along with this
responding user enquires are also highly essential here the application of AI will work as
Chatbots are one of the best solution offered to the Facebook user by sending automated
messages and notifications by analyzing the stored data. While analyzing the features of
Facebook based on the AI application it is identified that Facebook has already implemented
these features into it. However, by considering the user demand and the business values of
Facebook it is identified that Facebook should utilize the features of AI in order to improve their
capabilities that will surely penetrate large market. As Facebook has already implemented one of
section called “Marketplace”, now they needs to make it more reliable that the user can sell or
purchase product with advance verification process with reliable supplier or customers
(Chatterjee, 2018). Focusing on this concern it is identified that since, AI offers an effective
capabilities to analyze the large set of data thus, it will be very easier of Facebook to make their
“Marketplace” section more reliable and effective.
As it is discussed earlier that the data server of Facebook consists of the huge volume of
data it is identified that industries or the organizations based on online information attracts
several threats related to the data security. In this area Facebook needs innovation. After
analyzing these aspects it is identified that incorporation of effective data analysis as well as the
data protection strategies will help Facebook to protect their data (Beckett, 2017). From the
investigation it is identified that the occurrence of data security threats may significantly impact
the privacy of the user. Thus, along with strengthen the “marketplace” section by improving data
analysis it is also essential to add the biometric protection strategy to protect the user
information.
Business Case Analysis on Artificial Intelligence_3

BUSINESS CASE ANALYSIS ON ARTIFICIAL INTELLIGENCE3
Business & IT alignment and Measurable organizational value (MOV):
While analyzing this concern it is identified that Facebook is one of the largest social
media platform. Facebook has achieved this position due to the mission and the vision of
Facebook whose primary aim was to impact the communication and the social relation of
between people. With respect to this aspect it is identified that the mission statement of Facebook
is allow the users to share and communicate with the people across the world. Analyzing the
mission and the vision of Facebook it is identified that it has primarily focused to empowering
users, create community as well as enhance communication (Goldman, 2019). Along with this
the vision statement of Facebook has mentioned that the user of the Facebook will be able to
connect with family and friends across the world. Followed by these corporate mission and
vision statement it is identified that Facebook must invest on their technologies that will help to
address the mentioned requirements.
While analyzing this concept it is identified that the recommended feature offered by AI
will help Facebook to improve their business value. Making allowance to this aspect it is
identified that the better utilization of Artificial intelligence with the purpose to enhance the
marketplace will help Facebook to improve their business value. According to the business
mission of Facebook it is identified that connecting people and sharing their opinion across the
world, it can be stated that the approached feature will definitely help to achieve that vision
(Weedon, Nuland and Stamos, 2017). While analyzing this concern it is identified that the
adoption of AI and its data analysis techniques in the business infrastructure of Facebook may
help the people to get better experience not only because of the improvement in the market
section but for the enhancement in the information security section.
Business Case Analysis on Artificial Intelligence_4

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