Business Information Systems: AI Requirements and Strategies Report

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AI Summary
This report examines the integration of Artificial Intelligence (AI) within the context of a business information system, using the hypothetical 'Bright house cafe' as a case study. It begins by outlining the characteristics and significance of AI, emphasizing its transformative impact on business standards, including its role in healthcare and the potential for innovative customer services. The report then explores organizational opportunities and challenges presented by AI, such as increased efficiency, reduced human intervention, and the need for substantial capital investment and employee training. Finally, the report details the AI requirements within information systems and business strategies, focusing on strategic positioning, performance objectives, and strategies for addressing trust and responsibility in AI implementation. The analysis highlights the importance of aligning AI with overall business goals and the need for careful consideration of both the benefits and potential drawbacks of AI adoption.
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Information business
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TABLE OF CONTENT
INTRODUCTION.................................................................................................................................2
TASK 1.................................................................................................................................................3
Characteristics and significance of artificial intelligence...................................................................3
TASK 2.................................................................................................................................................4
Organisational opportunities and challenges posed by artificial intelligence.....................................4
TASK 3.................................................................................................................................................6
Artificial intelligence requirements within information system and business strategies....................6
CONCLUSION...................................................................................................................................10
REFRENCES......................................................................................................................................11
INTRODUCTION
Information business is one of the most important business segments onto which
various companies business operations are established to gain high impactful position among
other marketers. In today’s digital business world where companies are operating their
business through online services and coming to digital platforms for marketing their activities
artificial intelligence has been recognised as one of the most important used computer service
that emphasizes development of intelligence machines. Bright house cafe is new business set
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up in London which is planning to set up new business venture with large services and
customer focused innovative products which will be highly relevant on new market terms nad
effective marketing positions. The report explains characteristics of artificial intelligence
along with importance, and evaluation of various opportunities and challenges which comes
with it. Another part of report further explains artificial intelligence requirements in company
business decisions and corporate strategy implementation. The food services will be
productively optimised within best customer satisfaction services which will be based onto
higher profitability goals (Acemoglu and Restrepo, 2020).
TASK 1
Characteristics and significance of artificial intelligence
Artificial intelligence is branch of computer sciences that emphasizes creation of
intelligent machines in way that they work and react on their own like humans. Artificial
intelligence is recognised as one of the best transformative innovation into science which has
shaped business standards in various companies round the globe. Characteristics of artificial
intelligence can be understood with the explanation and factors where they are capable of all
actions such as learning, planning and various other paradigms driven by innovation through
which business scenario is effectively developed (Challen, Denn and Tsaneva-Atanasova,
2019). It is branch of computer sciences that emphasizes the development of super power
intelligence machines, with fast thinking and working patterns like humans for example:
speech recognition, problem solving and planning of management actions through which
large evocative actions can be developed. Artificial intelligence is one of the most researched
method of evolving innovation into companies business into digital business world, with high
innovative business methods and factors through which high level creativity it leverages into
system. Healthcare sectors in world are globally are recognising the benefits of Artificial
intelligence, use of robots and various other techniques where innovation can effectively
enable to produce large aspects of working portfolios and systematic working methods.
The artificial intelligence not only enables to successfully organise large projects
where development is fuelled onto presenting various services where less human intervention
is there which maximises usage of innovation into funnel of creative decisions. The robots
have been found to be serving patients effectively in various healthcare sector companies
where rational usage of artificial intelligence not only builds strong system of customer
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based but also potentially develops overall working strategies with large factors of high
technical working efficiency. Significance of artificial intelligence can be understood with the
working benefits on various parameters it develops where relative usage of medical science
and functional strength of corporate structure enables to gain high efficiency into facilities.
The artificial intelligence has come out to be one of the most innovative scientific way of
restoring speed impactful methods of developing speed and management services with high
planning force factor.
There is less intervention of humans into system which not only impacts the
regulatory system functioning and operations being highly magnified to be innovative,
creative and rationally highly dynamic. Robots and artificial machines are recognised as the
best method through which speedy delivery of actions, working fundamentals and relative
speedy management activities are undertaken. Bright house cafe will incorporate robots into
its services through which customers can instantly order their menu as per their desires get
full details on prices and speed delivery by robots will enable to gain stronger marketing
position. The artificial intelligence system will relatively develop new paradigms onto which
customers can gain best services and higher functional segments onto which cafe can serve
best experience to them (Duan, Edwards and Dwivedi, 2019).
Food services industry has massively recognised the methods and factors through
which artificial intelligence can be developed into system for serving large percentage of
customers where there is small percentage of human intervention. Significance of this can
also be elaborative analysed with the fact that in every sector among global living hemisphere
artificial intelligence have been increased it potential advantages into system onto every
framework. Customers are being served by robots where there is higher optimisation factor,
with quick delivery operations and large creativity involved. Bright house cafe is undergoing
this new innovation which will fuel high operational innovation into developed business and
rationally bringing higher creative sector.
TASK 2
Organisational opportunities and challenges posed by artificial intelligence
There are various paradigms onto which artificial intelligence has left its impact
which can be analysed on form of challenges and opportunities into business hemisphere
where companies are coming up with regular working parameters. The artificial intelligence
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has been recognised as one of the biggest revolution among businesses where companies are
coming up with evolution and innovation through artificial intelligence. Food service
industry has been recognised as one of the most impactful business arena where artificial
intelligence has delivered large opportunities for developing their business strategies
progressively into various arenas.
Opportunities can be analysed as follows:
Bright house cafe will be able to serve customers with high innovation and creativity to all
customers who will be coming in to have high comfortable experience for larger working
arena. There is high potentiality to increase goodwill among patients and in domestic as well
as international markets, where doctors are using robots for providing facilities to special
cases where there is least human intervention. The robots not only make procedures simple
and evocative to provide best services and provide best innovation, creative advertising and
competitive edge but it also massively reduces the impact onto which higher position of
goodwill can be effectively built (Glikson and Woolley, 2020).
Another opportunity by artificial intelligence can be programmed on the fact that it massively
reduces human intervention within the system which enables to cope up with less staff
factor. This highly impacts the procedure onto which management can strengthen its
position among global industry market, as lesser human significantly develops innovation
into system with complete machinery usage the procedure of operations immensely develops
with fast impactful periods. Artificial intelligence maximises positive working structure as
there are nil chances of any mistakes and repercussions also develop how various impactful
corporate strategies can be formulates into future goals.
One of the biggest opportunities of greater potentiality development into the medical facilities
and services by Bright coffee house can be understood with the fact that there are large
future potentialities hidden within artificial intelligence. The future of innovation is hidden
within artificial intelligence which is one of the most transformative force in coming
scenario of business world where globally companies are recognising high usage of it.
Bright coffee house will be successful in gaining stronger position among consumers
market segments where artificial intelligence is new concept through which higher
recognition and factors of high promotional services can be formulated. Food service
industry been highly pivotal to bring innovation and creativity into the funnel which also
reduces any further cost of human resource (Helbing, Frey and Zwitter, 2019).Artificial
intelligence holds high opportunities in changing business world where there is high
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revolution, large demand for various companies to innovatively build services among
patients which massively builds global goodwill on various parameters.
Challenges on implementation of artificial intelligence
One of the most faced challenges on implementation of artificial intelligence is high capital
investments for bringing the high changes of fundamental science, with modernised aspects
and functionally bringing working parameter into management. The artificial intelligence
highly holds huge capital funds to be invested within business framework, and it also comes
with large technical training to be provided among employees which comes with long term
impact on various platforms onto which companies have to focus. Financially overall
financial strength is very changed and comes into high risk if the functional changes
brought under operations are not worked on properly. Bright house cafe company has to
focus on this risk probability also for implementing the artificial changes into its
information system, which may also impact long term on company operations (Held,
Abbeel and Dragan, 2019).
Another challenge is many times management is not effectively trained to bring in changes
within company framework where they may find it difficult to accept artificial intelligence
usage and functionally make it hard for overall cooperation. Bright house cafe company has
to focus on bringing in more technology friendly employees and management teams , with
help of which entire management teams can be functionally brought under one framework.
Any inefficiency in incorporating artificial intelligence, machinery disables them to bring
in leveraged focus onto structure which may largely create fuss and also destroy the
investments which have been underwent. This parameter enables us to analyse factor of
uncertainty of the implications of artificial intelligence which is not only new concept but
also brings various new changes within internal structure.
TASK 3
Artificial intelligence requirements within information system and business strategies
The artificial intelligence requirements have high interrelation with information
systems and business strategies development onto which Bright house cafe can decide its
further strategies formulation effectively. Proper long term implementation of new changes
and technical advancement onto various parameters can be attained under wide focus where
company internal support is also highly important for overall development and functional
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factors for bringing in more strong portfolio of all products, meals and beverages. The
channel of innovation under artificial business development can be built with strong focus for
higher positional factors and technical advancement into operations. Bright house cafe
service provider has to functionally operate for best management strategies and practices
through which stronger working parameters are built , with large internal teams and trained
teams (Jackson, 2019).
Overview of business, strategic position and performance of objectives:
Bright house cafe company is new business service into food service industry which
will be offering large valuable services of innovative products, meals and beverages
according to high preferences and high valuable demands. The cafe is planning to
integrate best methods and marketing techniques through which large customers can
cherish high comfortable experience when they come in for meal and beverages. Artificial
intelligence has brought huge changes in medical and healthcare sector where companies
are using robots and intelligent mechanisms to evaluate various factors onto which serious
disease patients can be treated effectively. The performance objectives can be correlated
with high pragmatic evolution within internal working structure of food services industry
where artificial intelligence holds high potentiality to replace any chances of error. The
strategic position is aimed to bring forward best technology services, elements into
operations where goal is focused onto stronger information system and high developed
business services through which it can compete effectively the set benchmarks of food
service industry.
Strategies to address trust and responsibility:
Trust and responsibility is an important role to govern among internal management and
the various external patients and stakeholders who are part of Bright house cafe. The
investment which will be put under artificial intelligence system shall also gain
commitment, trust from people and the responsibility which is under the company to bring
forward (Sinz,Pitkow and Tolias, 2019). The requirement of bringing in artificial
intelligence shall be conveyed among all management teams , stakeholders who hold
optimum place among company business positioning factor. It will bring the essential
motivation among teams and factors through which the innovation can be brought
successfully for longer positioning segments. Trust within new procedural steps will built
strong framework for higher networking, high effective information structure and the
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fundamental positioning segments. Trust and responsibility are highly important parameters
onto which higher development is based for company to successfully include innovation
and artificial intelligence into system for long term viable decisions and gaining stronger
working fundamentals. Bright house cafe has to evolve in innovative training programs for
all employees and functionally target new creativity into funnel of operations through
which higher profits and strong prominent position can be established. The strategy to bring
impactful functional position and gather higher development into funnel can be gained with
proper promotion of new changes and effectively building portfolio of all customers at
Bright house cafe for gaining large operational efficiency
Strategies to address fairness, bias and inclusion
There may be issue of bias or unfairness among management discovered while the
inclusion of artificial intelligence is developed into company functional operations. The
fairness of functionality among employees with proper recognition of their individual
concerns, training platforms and the determinants to bring artificial intelligence into system
will enable Bright house cafe to evolve innovatively without any bias and inclusion with
full commitment. The inclusion of artificial intelligence can be developed with strong
training of management teams, large fundamental key development of all resources through
which not only information system will be more effective but also it can gain huge goodwill
and profitability factors. The strategy to provide training and rational thinking with
brainstorming techniques of the various advantages onto which food services shall be
pertaining high impact. Inclusion of artificial intelligence can be generated with strategic
business development and plans with which entire system and information networking shall
be generated onto bigger levels. The artificial intelligence systems hold potentiality to gain
stronger profits and large customer optimistic growth where technical viability is an
important factor onto which large pragmatic decisions are based (Wirtz, Weyerer, and
Geyer,2019).
Strategies to address socio economic and environment impact:
The artificial intelligence systems hold high potentiality to impact socio economic
parameters and various factors onto which higher fundamental goals are developed. Socio
economic parameters enable us to analyse that artificial intelligence are highly costly
investments within business scenario which will also impact treatments pricing structure
effectively. Bright house company for bringing forward new innovation and use of various
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new artificial machinery systems have to focus towards building various new channels for
promoting its positive impact among company shareholders. The socio economic impact
may have strong negative downfall if the requirement factors of artificial intelligence into
the system of Bright house cafe are not explained properly. Promotional strategies shall be
turned into more effective activities to gain stronger support, positive internal as well as
external factors through which higher profitability can be generated also goodwill
developed (Yang, Wang and Yang, 2019).
The environment factors under which various parameters of technical efficiency,
higher flexible business decisions and evocative management expansion is based shall be
promoted through higher functionality which will enable to built stronger teams as well as
gain higher recognition from external forces. The environment impact through which
requirement of high artificial intelligence can be analysed are the various competitive
factors where globally food service companies, cafes and hotels are coming up with high
innovation and creative fundamental usage of robots into operations which are massively
developing overall structure.
Business strategy and implications of all strategies :
Business strategies and implementation of all strategies for higher functional
development can be done within Bright house company with strong strategic management,
dynamic actions and stringent functional attributes through which artificial intelligence can
be successfully incorporated. The business strategies and implications of all above
discussed strategies can be gained within company business networking chains as it not
only will leverage higher generation of profitability, but also generate stronger networking
systems.
Bright house cafe teams and management need to strategically plan the investments
generated w which will undergo artificial intelligence systems. There is also need for
training and motivating the entire management teams which are under company through
which the new changes can be brought effectively for higher working strength. These
decisions will keep management rationally programmed and focused to keep high focus on
new relative synergy of innovation (Li, Zhang. and Zhang, 2019). Robots have been
gaining high popularity into food services industry where the innovation and creativity is
highly demanded, bright house cafe can not only effectively built its goodwill and compose
high marketing position into frame which will enable to formulate higher business
objectives. The goodwill recognised will also enable to expand into new arenas with strong
operational system and higher functional operations which are under focus for gaining
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strong diversification. Artificial intelligence is one of the most innovative business segment
where revolution and high creative business expansion can be highly attained with
productive services. Food services need to be competitive and gain higher revenue where
bright house cafe can successfully position itself. The artificial intelligence is in high
demand where robots will be highly effective in serving patients and among all functional
operations chain where the technical factors are strong, and rationally bring forward best
utilities through which artificial intelligence can be successfully incorporated into systems.
CONCLUSION
The report can be concluded with large explanation on how artificial intelligence has
brought wide changes and functional high operational channels for companies business
services worldwide. Globally all sectors of world are coming up with new innovation funnels,
relative services through which goodwill is generated for long term business position, keenly
developing larger working teams with stronger teams and effective constriction of high
yielding synergy . The report concludes how Bright house cafe is planning to bring
innovation with optimum utilisation of artificial intelligence factors, where company can face
various challenges and working opportunities. The report further concludes various
fundamental key decisions which are under rational focus for gaining stronger position into
business world. The report concludes various parameters onto which company can fragment
rational potential building fundamentals through which overall working can be developed
onto higher fragments. The report concludes how food services companies are coming up
with high utilisation of artificial intelligence to cope up with large dynamic situations.
REFRENCES
Books and journals
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Acemoglu, D. and Restrepo, P., 2020. Robots and jobs: Evidence from US labor
markets. Journal of Political Economy. 128(6). pp.000-000.
Challen, R., Denny, J.,. and Tsaneva-Atanasova, K., 2019. Artificial intelligence, bias and
clinical safety. BMJ Qual Saf. 28(3). pp.231-237.
Duan, Y., Edwards, J. S. and Dwivedi, Y. K., 2019. Artificial intelligence for decision
making in the era of Big Data–evolution, challenges and research
agenda. International Journal of Information Management. 48. pp.63-71.
Glikson, E. and Woolley, A. W., 2020. Human Trust in Artificial Intelligence: Review of
Empirical Research. Academy of Management Annals, (ja).
Helbing, D., Frey, B.S., and Zwitter, A., 2019. Will democracy survive big data and artificial
intelligence?. In Towards digital enlightenment (pp. 73-98). Springer, Cham.
Held, D., Abbeel, P. and Dragan, A. D., 2019. Enabling robots to communicate their
objectives. Autonomous Robots. 43(2). pp.309-326.
Jackson, P. C., 2019. Introduction to artificial intelligence. Courier Dover Publications.
Sinz, F. H., Pitkow, X and Tolias, A. S., 2019. Engineering a less artificial
Wirtz, B.W., Weyerer, J.C. and Geyer, C., 2019. Artificial intelligence and the public sector
—Applications and challenges. International Journal of Public
Administration. 42(7). pp.596-615.
Yang, X., Wang, Y., and Yang, S., 2019. Concepts of artificial intelligence for computer-
assisted drug discovery. Chemical reviews. 119(18).pp.10520-10594.
Li, T., Zhang, X. and Zhang, C., 2019. Artificial intelligence-based fault detection and
diagnosis methods for building energy systems: Advantages, challenges and
the future. Renewable and Sustainable Energy Reviews. 109.pp.85-101.
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