How will Big Data change the way managers make decisions? Artificial intelligence and its impact on managerial decision making

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ISBN: 3960954875
ISBN 13: 9783960954873
Autor: Nothof, Carolin
Verlag: Studylab
Umfang: 84 S., 5 farbige Illustr.
Erscheinungsdatum: 04.11.2018
Auflage: 1/2018
Format: 0.7 x 21 x 14.8
Gewicht: 135 g
Produktform: Kartoniert
Einband: Kartoniert
Artikelnummer: 7111722 Kategorie:

Beschreibung

Todays most precious raw material is not gold, but Big Data: Each one of us generates a huge amount of information every single day, rendering thus both ourselves and our choices transparent. But in addition to that, Big Data helps companies to improve their decision-making. Since managers have to address highly complex issues in an ever more complicated world, they cannot do without Big Data and Artificial Intelligence, as Carolin Nothof explains. By taking into account various external factors, their algorithms predict right entrepreneurial choices. These choices can be made in areas such as retail, Human Resources, the Internet of Things, and marketing. Nothofs publication is not only rich in theoretical explanations, but also gives examples of the practical use of Big Data in various industries. Machines are a mans best co-workers. In this book: Big Data; decisionmaking; AI; Behavorial Economics; Machine Learning; algorithms

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