This question explores how managers can utilize modern technologies, such as artificial intelligence and big data, as strategic tools to support decision-making processes within organizations. It aims to understand how these technologies can enhance organizational efficiency and improve overall performance.
Dear Israa Abdulnbi Nayyef ,
By leveraging AI and Big Data technologies, businesses can predict future outcomes by identifying trends and patterns, such as product and service demand and supply chain disruptions. This enables demand forecasting, where companies can anticipate customer needs based on historical data sets
Article Leveraging Big Data and AI for Enhanced Business Decision-Ma...
Regards,
Shafagat
Regarding the methodology, significant progress can be made through the application of Multi-Criteria Decision Analysis (MCDA), SWOT Analysis, Risk Assessment, MOSCOW Prioritization, lexicographic ordering, heuristic programming, and similar approaches.
As Mosaddeque Pathan said, you can apply different analysis matrix that could support the decision making process. In the end all depends of the task and the end goal. What data would you use (open source or internal), language, LLM choice, framework, etc.
Big data and all decision support systems offer you mutiple options for choice depending how configure your thinking space.
Most imortant is that recognition is better than recall. The data processing is outsourced but the main thread is always in your hand. It is a help and not replacement
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