Year: 2024 | Month: February | Volume 69 | Issue 1Special

Studying the Role of Highly Intelligent Technologies in Creating an Innovation Ecosystem in the Business Landscape

Vasyl Goi Dmytro Mykolaiets Vira Lebedchenko Olena Zavadska and Oleksiy Khakhlov
DOI:10.46852/0424-2513.1.2024.15

Abstract:

In the investigation of the role of highly intelligent technologies in the establishment of an innovative ecosystem within the realm of business, it has been ascertained that the incorporation of these technologies stands as a pivotal determinant for attaining fruitful innovative endeavors within enterprises. Specifically, artificial intelligence and machine learning methodologies provide the capacity to conceive intelligent systems capable of prognosticating and scrutinizing market trends, formulating sales forecasts, and endorsing the most advantageous avenues for developmental strategies. A fundamental observation derived from this research emphasizes the significant impact of advanced technologies, specifically artificial intelligence, machine learning, and data analysis, in optimizing production processes. Their incorporation enables the real-time acquisition, processing, and evaluation of extensive datasets, consequently augmenting decision-making effectiveness, refining supply chain management, and reinforcing the ability to respond to market fluctuations. Nonetheless, the significance of highly intelligent technologies in the establishment of innovative ecosystems should not be underestimated. These technologies facilitate inter-enterprise collaboration, the exchange of innovative concepts, and collaborative efforts in the creation of novel products and services. Such collaborative endeavors engender a synergistic effect of interaction, thereby amplifying competitiveness, not only at the individual enterprise level but also among innovative entities as a collective whole. This constitutes a critical stride in the establishment of innovative ecosystems and the attainment of competitive advantages within the market. The findings from this investigation delineate the noteworthy role of highly intelligent technologies in the configuration of innovative ecosystems within the business context. These technologies significantly contribute to the optimization of production processes, enhancement of product quality, and the creation of an environment conducive to collaborative efforts and innovative advancements.

Highlights

  • Highly intelligent technologies, including artificial intelligence, machine learning, and data analytics, play a fundamental role in reshaping business ecosystems by fostering innovation, enhancing productivity, and enabling efficient collaboration among diverse stakeholders.




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