Turning Crisis into Opportunities: How a Firm Can Enrich Its Business Operations Using Artificial Intelligence and Big Data during COVID-19

The COVID-19 pandemic has severe impacts on global health and social and economic safety. The present study discusses strategies for turning the COVID-19 crisis into opportunities to use artificial intelligence (AI) and big data in business operations. Based on the shared experience and theoretical...

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Autores principales:	Yasheng Chen, Mohammad Islam Biswas
Formato:	article
Lenguaje:	EN
Publicado:	MDPI AG 2021
Materias:	artificial intelligence big data business operations COVID-19 pandemic Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350
Acceso en línea:	https://doaj.org/article/677ddab4358a4006b100d6af9d15d4d8
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id	oai:doaj.org-article:677ddab4358a4006b100d6af9d15d4d8
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spelling	oai:doaj.org-article:677ddab4358a4006b100d6af9d15d4d82021-11-25T19:03:08ZTurning Crisis into Opportunities: How a Firm Can Enrich Its Business Operations Using Artificial Intelligence and Big Data during COVID-1910.3390/su1322126562071-1050https://doaj.org/article/677ddab4358a4006b100d6af9d15d4d82021-11-01T00:00:00Zhttps://www.mdpi.com/2071-1050/13/22/12656https://doaj.org/toc/2071-1050The COVID-19 pandemic has severe impacts on global health and social and economic safety. The present study discusses strategies for turning the COVID-19 crisis into opportunities to use artificial intelligence (AI) and big data in business operations. Based on the shared experience and theoretical ground, researchers identified five major business challenges during the COVID-19 pandemic: production and supply-chain disruption, appropriate business model selection, inventory management, budget planning, and workforce management. These five challenges were outlined with eight business cases as examples of companies that had already utilized AI and big data for their business operations during the COVID-19 pandemic. The outcomes of this study provide valuable insights into contemporary social science research and business management with AI and big data applications as a business response to any crisis in the future.Yasheng ChenMohammad Islam BiswasMDPI AGarticleartificial intelligencebig databusiness operationsCOVID-19 pandemicEnvironmental effects of industries and plantsTD194-195Renewable energy sourcesTJ807-830Environmental sciencesGE1-350ENSustainability, Vol 13, Iss 12656, p 12656 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	artificial intelligence big data business operations COVID-19 pandemic Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350
spellingShingle	artificial intelligence big data business operations COVID-19 pandemic Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350 Yasheng Chen Mohammad Islam Biswas Turning Crisis into Opportunities: How a Firm Can Enrich Its Business Operations Using Artificial Intelligence and Big Data during COVID-19
description	The COVID-19 pandemic has severe impacts on global health and social and economic safety. The present study discusses strategies for turning the COVID-19 crisis into opportunities to use artificial intelligence (AI) and big data in business operations. Based on the shared experience and theoretical ground, researchers identified five major business challenges during the COVID-19 pandemic: production and supply-chain disruption, appropriate business model selection, inventory management, budget planning, and workforce management. These five challenges were outlined with eight business cases as examples of companies that had already utilized AI and big data for their business operations during the COVID-19 pandemic. The outcomes of this study provide valuable insights into contemporary social science research and business management with AI and big data applications as a business response to any crisis in the future.
format	article
author	Yasheng Chen Mohammad Islam Biswas
author_facet	Yasheng Chen Mohammad Islam Biswas
author_sort	Yasheng Chen
title	Turning Crisis into Opportunities: How a Firm Can Enrich Its Business Operations Using Artificial Intelligence and Big Data during COVID-19
title_short	Turning Crisis into Opportunities: How a Firm Can Enrich Its Business Operations Using Artificial Intelligence and Big Data during COVID-19
title_full	Turning Crisis into Opportunities: How a Firm Can Enrich Its Business Operations Using Artificial Intelligence and Big Data during COVID-19
title_fullStr	Turning Crisis into Opportunities: How a Firm Can Enrich Its Business Operations Using Artificial Intelligence and Big Data during COVID-19
title_full_unstemmed	Turning Crisis into Opportunities: How a Firm Can Enrich Its Business Operations Using Artificial Intelligence and Big Data during COVID-19
title_sort	turning crisis into opportunities: how a firm can enrich its business operations using artificial intelligence and big data during covid-19
publisher	MDPI AG
publishDate	2021
url	https://doaj.org/article/677ddab4358a4006b100d6af9d15d4d8
work_keys_str_mv	AT yashengchen turningcrisisintoopportunitieshowafirmcanenrichitsbusinessoperationsusingartificialintelligenceandbigdataduringcovid19 AT mohammadislambiswas turningcrisisintoopportunitieshowafirmcanenrichitsbusinessoperationsusingartificialintelligenceandbigdataduringcovid19
_version_	1718410344286650368

Turning Crisis into Opportunities: How a Firm Can Enrich Its Business Operations Using Artificial Intelligence and Big Data during COVID-19

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