Big data and its role on fostering innovation in Asia

Chingru Mangila Ronwe, Kang Chaun Mang

Big data and its role on fostering innovation in Asia

Číslo: 1/2022
Periodikum: Business & IT
DOI: 10.14311/bit.2022.01.21

Klíčová slova: Big data analytics; Data mining; Banking; Survey

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Anotace: Artificial intelligence is all about imbuing machines with a type of intelligence which is primarily attributed to humans. Extant literature coupled with the experiences of ours as practitioners suggests that while AI might not be completely ready to totally dominate very innovative things inside the development process, it shows promise as a major assistance to development supervisors. In this post, we broadly relate to the derivation of computer enabled, models, data-driven insights, and visualizations inside the development activity as innovation analytics. AI might play a vital role in the innovation activity by turning several factors of innovation analytics. We existing 4 case studies that are different of AI in motion based on the previous work of ours in the industry. We highlight limitations and benefits of utilizing AI in development and conclude with additional resources and strategic implications for development managers.