Citation:

Suman Chintala, 2024. "Smart BI Systems: The Role of AI in Modern Business", ESP Journal of Engineering & Technology Advancements  4(3): 45-58.

Abstract:

This paper has gone further and identified how BI systems have changed to fit the current business environment and how, especially by integrating BI with AI, has undergone a significant transformation. Thus, specifying how Smart BI systems enhance decision-making processes, productivity, and competitiveness in the modern context, this article addresses AI within contemporary business conditions. Smart BI is generally the integration of AI technologies such as machine learning, natural language processing, and predictive analysis into BI. It enables organizations to sort big volumes of data within a short time, search and discover patterns and make intelligent decisions. In doing so acknowledge, this paper shall seek to understand some of the subcategories of Smart BI systems, the industries where they can be implemented, and the benefits that stem from Smart BI. Further, it explicates the challenges concerning the appropriate application of the concept of AI-based BI and the deployment of the corresponding solutions – data quality, integration, and ethical concerns. Thus, the survey of the effect of AI on BI systems, the analysis of the findings, a survey of literature, a study of the methodology employed in the integration of AI in the BI systems, and the analysis of case studies all assist this particular article to offer clarity. Finally, the future prospect of Smart BI, as well as the probability of the subsequent enhancement of the framework, is highlighted.

References:

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Keywords:

Business Intelligence (BI), Artificial Intelligence (AI), Machine Learning, Predictive Analytics, Data Integration, Real-time Data Analysis, Decision-Making, Operational Efficiency.