Artificial Intelligence (AI)

Definition

Artificial Intelligence (AI) refers to the ability of software systems to perform tasks that typically require human intelligence, such as understanding information, recognizing patterns, making decisions, and generating outputs. It encompasses a range of methods, including machine learning and language processing, that enable systems to learn from data and improve over time.

Business Context

Businesses use AI across operations, products, and decision-making processes to analyze data, automate tasks, and generate insights. Common applications include forecasting, customer support, fraud detection, recommendation systems, and operational optimization.

Why it Matters

It enables businesses to operate more efficiently and make better decisions at scale.