A market research on challenges influencing artificial intelligence adoption

Although there are many theoretical references regarding the adoption of artificial intelligence, its practical challenges remain unknown. This article uses a market research aiming to identify the critical success factors to prepare for the artificial intelligence implementation, indicating the mo...

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Main Authors: Fernando Schmiegelow, Francisco C. L. Melo
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2023-05-01
Series:Business: Theory and Practice
Subjects:
Online Access:https://journals.vilniustech.lt/index.php/BTP/article/view/17655
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author Fernando Schmiegelow
Francisco C. L. Melo
author_facet Fernando Schmiegelow
Francisco C. L. Melo
author_sort Fernando Schmiegelow
collection DOAJ
description Although there are many theoretical references regarding the adoption of artificial intelligence, its practical challenges remain unknown. This article uses a market research aiming to identify the critical success factors to prepare for the artificial intelligence implementation, indicating the most appropriate strategies to adddress them. The results allow us to conclude that there are several challenges, the main ones being the lack of data infrastructure and trained people, and the lack of a better understanding of applications. Artificial intelligence, as well as other disruptive technologies, makes room for rethinking business models, not only improving existing processes, but also making it possible to see new opportunities. It is interesting to point out that, much more than a simple innovative project to improve processes and business, a succesful artificial intelligence implementation enables the creation of a new culture of interaction, experimentation, automation, analysis and prediction.
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spelling doaj.art-f7d2173d5f71429792138932f3f661282024-02-03T10:01:52ZengVilnius Gediminas Technical UniversityBusiness: Theory and Practice1648-06271822-42022023-05-0124110.3846/btp.2023.17655A market research on challenges influencing artificial intelligence adoptionFernando Schmiegelow0Francisco C. L. Melo1Aeronautics Institute of Technology, S. José dos Campos, BrazilAeronautics Institute of Technology, S. José dos Campos, Brazil Although there are many theoretical references regarding the adoption of artificial intelligence, its practical challenges remain unknown. This article uses a market research aiming to identify the critical success factors to prepare for the artificial intelligence implementation, indicating the most appropriate strategies to adddress them. The results allow us to conclude that there are several challenges, the main ones being the lack of data infrastructure and trained people, and the lack of a better understanding of applications. Artificial intelligence, as well as other disruptive technologies, makes room for rethinking business models, not only improving existing processes, but also making it possible to see new opportunities. It is interesting to point out that, much more than a simple innovative project to improve processes and business, a succesful artificial intelligence implementation enables the creation of a new culture of interaction, experimentation, automation, analysis and prediction. https://journals.vilniustech.lt/index.php/BTP/article/view/17655artificial intelligenceadoptionSWOT analysisGUT method
spellingShingle Fernando Schmiegelow
Francisco C. L. Melo
A market research on challenges influencing artificial intelligence adoption
Business: Theory and Practice
artificial intelligence
adoption
SWOT analysis
GUT method
title A market research on challenges influencing artificial intelligence adoption
title_full A market research on challenges influencing artificial intelligence adoption
title_fullStr A market research on challenges influencing artificial intelligence adoption
title_full_unstemmed A market research on challenges influencing artificial intelligence adoption
title_short A market research on challenges influencing artificial intelligence adoption
title_sort market research on challenges influencing artificial intelligence adoption
topic artificial intelligence
adoption
SWOT analysis
GUT method
url https://journals.vilniustech.lt/index.php/BTP/article/view/17655
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