Characteristics and Importance of Artificial Intelligence in Business Information Systems

Business Information Systems

Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
Discussion of the characteristics and importance globally of artificial intelligence...................1
TASK 2............................................................................................................................................2
Evaluation of the organisational opportunities as well as challenges posed by artificial
intelligence...................................................................................................................................2
TASK 3............................................................................................................................................5
Analysis of the way to address the artificial intelligence requirements pertinent to already
selected business information system and business strategy.......................................................5
a) Overview of the business, BIS solution, its strategic position & performance objectives......5
b) Strategies to address responsibility and trust..........................................................................5
c) Strategies to address bias, fairness and inclusion....................................................................6
d) Strategies to address environmental and socio-economic impact...........................................7
e) Business strategy and analysis of the way application of above principles contribute to
business strategy..........................................................................................................................8
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................9

INTRODUCTION
Business information systems are referred as the set of interlinked procedures utilising
information technology infrastructure in an organisation to develop and disseminate required
information. These systems are designed in such a manner that they support process of decision
making individuals related with business entity in the process of accomplishment of preset
objectives (Abbasi, Sarker and Chiang, 2016). In this report, the selected organisation is Ascope
Shipping Services limited which is a shipping company of United Kingdom. The company was
established in year 2013 and offers vehicle and container shipping services at affordable prices to
customers. This report covers characteristics and importance globally of artificial intelligence
along with the opportunities and challenges which are posed by artificial intelligence in front of
organisation. Apart from this, it includes overview of business along with business information
system solution, performance objectives and strategic position. It also covers strategies to
address trust and responsibility, fairness, bias and inclusion and environmental and social
economic impact. At last, business strategy along with the way application of principles
contribute to business strategy are included in the report.
TASK 1
Discussion of the characteristics and importance globally of artificial intelligence
Artificial intelligence - it is an ability to develop self-learning applications or design smart
machines which contains human mind traits like problem solving, sensory perceptions, optimal
decision making, planning, reasoning etc. The artificial intelligence outperforms human activities
in terms of intelligence or knowledge and has got the attention of research communities and
organisations all across the world and this area of study has seen a rapid growth in the past years
(Cosenz, 2017).
Characteristic of Artificial intelligence:
Eliminate dull task - people have days where they have to do some work; dull or boring
which might be necessary but neither valuable nor important. Fortunately, AI and machine
learning will address such issues via human computer interaction. Virtual assistants like cortana,
Google assistant and Siri performs such task.
1