4 research outputs found

    BUSINESS INTELLIGENCE TRANSFORMATION THROUGH AI AND DATA ANALYTICS

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    This paper delves into the transformative role of Artificial Intelligence (AI) and Data Analytics in the realm of Business Intelligence (BI), marking a significant shift in the landscape of business decision-making and strategic planning. The study's purpose was to comprehensively explore the evolution of BI, underscored by the integration of AI and advanced data analytics, and to project the future trajectory of these technologies within the business context. Adopting a systematic literature review as its methodology, the study meticulously analyzed a wide array of scholarly articles and industry reports. This approach facilitated a deep understanding of the historical development of BI, the current synergy between AI, Data Analytics, and BI, and the emerging trends shaping their future. The inclusion and exclusion criteria for sources were rigorously applied to ensure the relevance and quality of the information gathered. The findings of the study highlighted a paradigm shift from traditional data processing methods to AI-driven predictive analytics, significantly enhancing the efficiency, accuracy, and predictive capabilities of BI tools. This evolution has redefined business operations, offering unprecedented insights and fostering more informed decision-making processes. Conclusively, the study posits that the integration of AI and Data Analytics into BI is a fundamental, rather than a transient, shift in business operations. It recommends further exploration into the ethical implications of AI in BI, the development of user-friendly AI tools for non-technical users, and an examination of the long-term impacts of AI-driven BI across various industries. The study's classical and engaging tone aims to captivate and inform a diverse audience, from academic researchers to industry practitioners. Keywords: Artificial Intelligence, Business Intelligence, Data Analytics, Predictive Analytics

    ECOLOGICAL ECONOMICS IN THE AGE OF 4IR: SPOTLIGHT ON SUSTAINABILITY INITIATIVES IN THE GLOBAL SOUTH

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    The study presents an overview of ecological Economics in the Age of 4IR with spotlight on Sustainability Initiatives in the Global South. This study delves into the intersection of ecological economics, the Fourth Industrial Revolution (4IR), and sustainable development initiatives in the Global South. It explores the environmental implications of key 4IR technologies, analyzes economic shifts associated with the digital age, and investigates sustainability initiatives in the Global South. The study highlights successful projects in renewable energy, circular economy practices, and biodiversity conservation, showcasing the region's commitment to ecological and economic sustainability. Challenges and opportunities are discussed, emphasizing the role of inclusive innovation and global cooperation in shaping a future that harmonizes technological advancements with environmental well-being. The study concludes by underscoring the importance of the Global South in influencing a sustainable trajectory in the age of the 4IR. Keywords:  Ecological; Economics; 4IR; Sustainability; Global South

    REVOLUTIONIZING RETAIL: HR TACTICS FOR IMPROVED EMPLOYEE AND CUSTOMER ENGAGEMENT

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    This paper presents a critical examination of innovative Human Resources (HR) strategies in the retail sector, focusing on enhancing employee engagement and customer experience in a highly competitive market. The primary objective is to explore how advanced HR practices can be leveraged to improve both employee satisfaction and customer service quality, thereby contributing to the overall success of retail businesses. The methodology adopted for this study involves a comprehensive review of existing literature, coupled with case studies of successful retail companies that have implemented pioneering HR strategies. This approach allows for a detailed understanding of the relationship between employee engagement, customer experience, and HR practices in the retail context. Key findings suggest that employee engagement is directly linked to customer satisfaction and loyalty. HR strategies such as continuous training and development, recognition and reward systems, and fostering a positive workplace culture are instrumental in motivating employees. These strategies not only enhance employee morale and productivity but also significantly improve the quality of customer interactions and service. The paper concludes that in the dynamic and competitive landscape of the retail sector, innovative HR strategies are crucial for attracting and retaining top talent, which in turn drives better customer experiences. Retailers who invest in their employees and prioritize their engagement are more likely to achieve sustainable growth and a competitive edge in the market. The study underscores the need for retail businesses to continuously evolve their HR practices in response to changing market dynamics and employee expectations. Keywords: Human Resources (HR) Strategies, Retail Sector, Employee Engagement, Digital Transformation, Workforce Skills Development, HR Innovation, Talent Management, Organizational Adaptabilit

    THE FOURTH INDUSTRIAL REVOLUTION AND ITS IMPACT ON AGRICULTURAL ECONOMICS: PREPARING FOR THE FUTURE IN DEVELOPING COUNTRIES

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    This study provides a concise overview of the exploration of the transformative intersection between the Fourth Industrial Revolution (4IR) and agricultural economics in developing countries. The work investigates the profound changes brought about by technological advancements, emphasizing their implications for traditional farming practices, economic structures, and overall sustainability. The study analyzes case studies and presents key concepts, offering insights into the challenges and opportunities arising from the 4IR in the agricultural sector. Additionally, the study proposes policy recommendations and future strategies for governments and stakeholders to navigate this dynamic landscape. The study concludes by highlighting the relevance and practical application of the findings, emphasizing its contribution to guiding decision-makers in shaping a resilient and technology-driven future for agricultural economies in developing nations. Keywords: Agricultural Economics, 4IR, Developing Countries, Impact, Future
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