AI Business Applications): Individual Case Study 1
AI Business Applications): Individual Case Study 1
A key approach that helps managers learn about various applications of AI and more importantly, identify proper opportunities for the integration of AI technologies involves reviewing real-world cases and scenarios related to this field. As managers study these cases, they should try to extract patterns from individual scenarios and connect the dots together to create innovative and customized solutions for their workplace by practicing the critical skill of cross-pollinating ideas (e.g., “So… Company A has utilized X feature of Computer Vision in this area, and Company B has utilize Y feature of Computer Vision in this other area. I wonder if I could combine these X and Y features to enhance our company’s security system…”).
Keep in mind that cross-pollination primarily translates into generating innovative solutions by connecting ideas that may not initially seem connected/related (e.g., integrating an application in dentistry and another application in manufacturing).
Informed by the above insights, for your first Individual Case Study, visit the following website to review the numerous real-world cases that the company has shared related to different applications of Computer Vision. As you review each case, please be sure to capture the highlights and take detailed notes.
Website: https://machinevision.co.uk/machine-vision-uses/case-studies/
Based on the insights that you obtain from the cases that you select and study, identify a proper opportunity for a company that you are familiar with (personally such as your workplace, through colleagues, or via research) to apply similar Computer Vision systems (preferably a combination). You will need to:
• Select a proper opportunity/application area within a company: Justify your selection of the company and explain why there is a need within the case/firm that you have chosen.
• What is the proposed solution and how will it work [in general terms]? Propose a general solution based on your analysis of the provided cases from the website. It is highly recommended that you create and present an “integrated” solution as mentioned above. The process to generate integrated solutions will gradually enhance your innovative thinking and problem-solving skills.
• Identify potential benefits
• Identify potential challenges
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