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The book shows application potentials of artificial intelligence in various industries and presents application scenarios on how a practical implementation can take place. The starting point is the description of legal aspects, which includes a European regulation for artificial intelligence and addresses the question of the permissibility of automated decisions. The description of various application potentials, mostly industry-related, and the presentation of some application scenarios form the focus of the topic volume. The book is based on the question of how artificial intelligence can be used in entrepreneurial practice. It offers important information that is just as relevant for practitioners as for students and teachers. This book is a translation of an original German edition. The translation was done with the help of artificial intelligence (machine translation by the service DeepL.com). A subsequent human revision was done primarily in terms of content, so that the book will read stylistically differently from a conventional translation.
The book conveys current approaches to digitization in companies and shows how digitization projects can be successfully and safely implemented in practice. Based on the description of a changing value creation and working world, the changes associated with digitization are explained using application scenarios: New business models and business processes are being established, the development of products is changing as is the interaction with customers, new opportunities but also new risks are emerging. The authors of the article present the basics as well as concepts for the concrete planning and implementation of the digitization of processes and applications. Aspects of IT security are not neglected either. The editors' work is based on questions from entrepreneurial practice and is also suitable for students and teachers.
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