UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Volume 11 | Issue 5 | May 2024

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Published in:

Volume 11 Issue 4
April-2024
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2404013


Registration ID:
535728

Page Number

a82-a99

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Title

MODERNISATION IN BUSINESS TRENDS (ARTIFICIAL INTELLIGENCE, DIGITALIZATION, AND AUTOMATION)

Abstract

In what ways might artificial intelligence, technological advances, and environmentally friendly development aid in the modernization of business trends? The rapid advancement of inventions and contemporary information technologies, which increasingly assume the role of a major force behind the growth of economic ties, is one of the most significant contemporary developments. Prioritizing digital transformation became essential due to the enterprise's quick adoption of scientific and technological advancements. Every year, businesses find it more and harder to break into the market and become competitive without the help of various services and artificial intelligence. Humans did not consider the need for a phrase like "digitalization" more than twelve years ago. However, the deployment of technology in the industry is now contingent upon the advancement of innovative technology and communication means. The application of digital advances and technological advances for the efficient execution and optimization of corporate processes is known as the digitization process. The paper examines the main concerns surrounding the use of AI systems to automatically regulate manufacturing operations. These problems are related to the wear and tear on production assets, which is brought on by the relocation of money intended for production modernization and the staff's lack of readiness for the implementation of new systems. Digital technologies provide novel prospects for effectively managing organizational resources and commencing lucrative endeavors. The essay also discusses how to train and educate experts for the new economy using creative thinking methods and resources. For businesses to be ready for their digital evolution, students must develop critical competencies such as innovative thinking, creative problem-solving, and teamwork and decision-making abilities during their academic training must be viewed as a system's capacity to behave intellectually and in ever-widening domains, accurately reading outside inputs and using these insights to achieve certain goals and tasks through adaptable configuration. In this regard, artificial intelligence (AI) differs from big data and the World Wide Web of Things (IoT). Finding out if this area of computer science can affect patterns of consumption and production and accomplish environmentally friendly resource management is the goal.

Key Words

Artificial intelligence (AI), Technological advances, Environmentally friendly, development, Modernization of business trends, Digital transformation, Digitization process, Manufacturing operations, Organizational resources management, Training and education, Innovative thinking, Creative problemsolving, Teamwork, Decision-making abilities, Economic growth, Market competitiveness, Digitalization, Communication means, Wear and tear, Production modernization, Readiness, Creative thinking methods, System's capacity, Outside inputs, Adaptability, Big data, Internet of Things (IoT), Consumption patterns, Production patterns, Resource management.

Cite This Article

"MODERNISATION IN BUSINESS TRENDS (ARTIFICIAL INTELLIGENCE, DIGITALIZATION, AND AUTOMATION)", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 4, page no.a82-a99, April-2024, Available :http://www.jetir.org/papers/JETIR2404013.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"MODERNISATION IN BUSINESS TRENDS (ARTIFICIAL INTELLIGENCE, DIGITALIZATION, AND AUTOMATION)", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 4, page no. ppa82-a99, April-2024, Available at : http://www.jetir.org/papers/JETIR2404013.pdf

Publication Details

Published Paper ID: JETIR2404013
Registration ID: 535728
Published In: Volume 11 | Issue 4 | Year April-2024
DOI (Digital Object Identifier):
Page No: a82-a99
Country: bangalore, karnataka, India .
Area: Management
ISSN Number: 2349-5162
Publisher: IJ Publication


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