Title :
Artificial intelligence management in financial crisis
Author :
Vatsal Kamlesh Shah
Author_Institution :
Computer Engineering, Shah and Anchor Kutchhi Engineering College, Mumbai, India
Abstract :
This research paper presents a secondary study aimed at outline the role of artificial intelligence in the management of financial crisis in a business or organization. The research explored empirical evidence and mathematical modelling to provide reliable data that was used to achieve the objectives of the study. The cases of financial crisis in the UK, US, and Boston Chicken Inc. were used in the study. The research found that artificial intelligence management has an indispensable role in financial management, and can be used to prevent financial crisis, reduce risks, and improve both efficiency and efficacy of financial performance in an organization. This was attributed to the ability of artificial intelligence management, as a computer technology, to generate, process, and analyze large volume of data at a time, compared to when humans are used, to help managers in quick decision making because results of the analysis are available in time. The research concluded that artificial intelligence has an indispensable role in the management of financial issues in a business, country, or organization.
Keywords :
"Artificial intelligence","Financial management","Companies","Computers","Decision making"
Conference_Titel :
Computational Intelligence and Computing Research (ICCIC), 2015 IEEE International Conference on
Print_ISBN :
978-1-4799-7848-9
DOI :
10.1109/ICCIC.2015.7435807