Influence of Artificial Intelligence on Business Activities of Pico Technology Ltd

This presentation analyzes the influence of artificial intelligence on the business activities of Pico Technology Ltd. It explores the concept of AI, its importance in driving innovation and product growth, and ways AI can be used for business development.

Research Project

Cover content
• Introduction
• Research aim and objectives
• Data Analysis
• Thematic Analysis
• References

Cover content
• Introduction
• Research aim and objectives
• Data Analysis
• Conclusion
• References

Introduction
Digital tools and technologies are considered as the integral part of
implementing innovation within the market place. Pico Technology Ltd is a
selected organisation for this particular report. The present report is based on
analysing the influence of digital technologies on the business activities of the
firm.

Aims
“To analyse the use of Artificial intelligence and its role in driving
innovation and product growth”. A case study on Pico Technology Ltd.

Objectives
• To identify the concept of Artificial intelligence and its influence on
business.
• To evaluate the importance of Artificial Intelligence in driving
innovation and product growth in Pico Technology Ltd.
• To determine the ways through which artificial intelligence can be
used for development of business operations.

Data Analysis
Data analysis is regarded as the most important section of research work. It is
through an in-depth evaluation of relevant information that the researcher
is able to draw valid conclusion. The researcher is going to achieve overall
research objectives through effective analysis by adoption appropriate
research techniques.

Theme 1: Mostly people are aware about the
concept of Artificial Intelligence
Q1) Are you
aware about the
concept of
Artificial
intelligence ?
Frequency
Yes 26
No 4
Yes No
0
5
10
15
20
25
30 26
4
Column B

Theme 2: The common uses of Artificial
Intelligence within an organisation
Q2) What are
the common
uses of Artificial
Intelligence
within an
organisation?
Frequency
Data processing 10
Automation 8
Predictive
Maintenance 6
Data driven
reporting 6 Data processing
Automation
Predictive Maintenance
Data driven reporting
0
1
2
3
4
5
6
7
8
9
10
10
8
6 6
Column B

Theme 3: The concept of AI is relevant to the
business of Pico Technology Ltd.
Q3) Do you
think that
concept of AI is
relevant to
business
organisations?
Frequency
Yes 25
No 5
Yes No
0
5
10
15
20
25
25
5
Column B

Theme 4: The ways through which AI can
assist organisation in influencing operations
Q4) What are
the ways
through which
AI can assist
organisation in
influencing
operations?
Frequency
Enhance data
accessibility 10
Greater
implementation
efficacy
10
Effective
resource use 10 Enhance data accessibility
Greater implementation efficacy
Effective resource use
0
1
2
3
4
5
6
7
8
9
10
10 10 10
Column B

Theme 5: The influences of AI is contribute
to organisational growth and development
Q5) Do you
think that these
above
mentioned
influences
contribute to
organisational
growth and
development?
Frequency
Yes 23
No 7
Yes No
0
5
10
15
20
25 23
7
Column B

Theme 6: Different measures are effective
that helps in relating AI with innovation
Q6) How does
AI relates to
innovation?
Frequency
Probabilistic
Programming 8
Hybrid learning
models 7
Automated
machine learning 7
Digital twin 8
6.4
6.6
6.8
7
7.2
7.4
7.6
7.8
8
8
7 7
8
Column B

Theme 7: Importance of Artificial Intelligence
in driving innovation within Organization
Q7) What are
the importance
of Artificial
Intelligence in
driving
innovation
within Pico
Technology
Ltd?
Frequency
Real time
assistance 12
Operational
Automation 8
Improve the
recruitment
process
10
0
2
4
6
8
10
12
12
8
10
Column B

Theme 8: Organisation possess ideal
resources to implement incremental change
Q8) Do you
think
organisation
possess ideal
resources to
implement this
incremental
change within
institution?
Frequency
Strongly agree 26
Strongly disagree 4 Strongly Agree Strongly Disagree
0
5
10
15
20
25
30 26
4
Column B

Theme 9: Implementation of Artificial
Intelligence is beneficial for development
Q9) Does the
implementation
of Artificial
Intelligence is
beneficial for
the growth and
development of
Pico Technology
Ltd?
Frequency
Agree 27
Disagree 3
Agree Disagree
0
5
10
15
20
25
30 27
3
Column B

Conclusion
Form the above given analysis it has been concluded that artificial intelligence
is a crucial concept which plays vast role in growth and development of the
firm at market place. Artificial intelligence is alludes as a basic segment of
digitalisation, which assumes noteworthy part in building up the tasks of the
firm in successful and proficient way.

References
Stiakakis, E. and Georgiadis, C. K., 2011. Drivers of a tourism e-
business strategy: the impact of information and communication
technologies. Operational Research. 11(2). pp.149-169.
Terzi, N., 2011. The impact of e-commerce on international trade and
employment. Procedia-Social and Behavioral Sciences. 24.
pp.745-753.
Werthner, H. and et. al., 2015. Future research issues in IT and tourism.
Information Technology & Tourism. 15(1). pp.1-15.

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