Case Study 2 - Artificial Intelligence 1

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Feb 20, 2024

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ARTIFICIAL INTELLIGENCE 1 . 2 8 . 2 4 ISM4153 – CASE STUDY #2 CURTIS CYRUS DEJA DENNIS TIFFANY BORKOWSKI VERONICA BOVERO
2 TABLE OF CONTENTS 1. What is Artificial Intelligence? .......................................................... 3 History of AI…..………………………………………………………………………………….…..4 Business Use……………………………………………………………………………….………….5 2. How AI works with ERP Systems……………………………………………………6 Machine Learning………………………….………………………………………………………7 3. Why AI is important in ERP systems 4. How AI Makes Companies Effective 5. AI Competitiveness in Conjunction with ERP systems 6. Use Case with ERP system 7. References 2
ARTIFICIAL INTELLIGEN CE W H A T I S I T ? 3
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HISTORY OF ARTIFICIAL INTELLIGENCE 4
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• Enhances Capabilities & Functionalities • Automate Tasks • Analyze Data • Generate Insights • Optimize Processes 6 HOW AI WORKS WITH ERP SYSTEMS
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7 Forecast demand Optimize inventory Detect anomalies Recommend actions
NATURAL LANGUAGE PROCESSI NG U N D E R S T A N D & G E N E R A T E L A N G U A G E P R O V I D E S C O N V E R S A T I O N A L I N T E R F A C E S E X T R A C T I N F O R M A T I O N A N D G E N E R A T E R E P O R T S 8
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10
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H O W D O E S I T M A K E C O M P A N I E S M O R E E F F I C I E N T / E F F E C T I V E A N D T H U S M O R E C O M P E T I T I V E I N C O N J U N C T I O N W I T H T H E I R E R P S Y S T E M ? 13
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16 USE CASE WITH AN ERP SYSTEM 16
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18
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REFERENCES 19 Anyoha, R. (2017, August 28). The History of Artificial Intelligence . Science in the News; Harvard University. https://sitn.hms.harvard.edu/flash/2017/history-artificial-intelligence/ Artificial Intelligence. (2019, May 17). DeepAI. https://deepai.org/machine-learning-glossary-and-terms/artificial- intelligence How Businesses Are Using Artificial Intelligence In 2024 – Forbes Advisor. (n.d.). Www.forbes.com. Retrieved January 28, 2024, from https://www.forbes.com/advisor/business/software/ai-in-business/#One- Third%20of %20Businesses%20Are%20Concerned%20Ai%20Will%20Cause%20Workforce%20Reduction Kinsella, E. (2018, October 25). The First AI-Generated Portrait Ever Sold at Auction Shatters Expectations, Fetching $432,500—43 Times Its Estimate. Artnet News. https://news.artnet.com/market/first-ever-artificial- intelligence-portrait-painting-sells-at-christies-1379902 McKendrick, J. (n.d.). We Have Only Begun To Scratch The Surface Of AI’s True Innovative Power . Forbes. Retrieved January 28, 2024, from https://www.forbes.com/sites/joemckendrick/2024/01/28/we-have- only-begun- to-scratch-the-surface-of-ais-true-innovative-power/?sh=1a4c8b675032

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