The Role of Artificial Intelligence in Altering Enterprise Architecture
Summary: Artificial intelligence (AI) is arguably the most significant new technology of the twenty-first century.
FREMONT, CA: Machines can learn from data and emulate human cognitive skills using artificial intelligence (AI). This technology has a significant impact on business, and AI is beginning to play a critical part in company transitions. However, many firms are sometimes unsure of where to begin, which capabilities should be converted first, the most vital, or the most effective at beating the competition. Additionally, they lack a clear understanding of how a business or the IT infrastructure should alter to accommodate AI.
Enterprise architecture is a discipline that encompasses holistic, multidimensional business views of capabilities, end-to-end value delivery, information, and organizational structure and the relationships between these business views and their corresponding strategies, products, policies, initiatives, and stakeholders.
Enterprise architecture is concerned with the operations of a corporation or organization. Enterprise architecture connects a business's strategy to its successful execution, and it aids in describing the business capabilities and establishes a link between them and the company's aims.
How AI is reshaping enterprise architecture
Consider reviewing some examples of AI applications to gain a better understanding of the size of the AI transition to the enterprise architecture:
In the financial industry, algorithmic trading powered by AI will enable banks to execute millions of trades every day, which is an amount of data that humans cannot process. Individualized spending and savings optimization can be accomplished in personal finance based on personal goals and behaviors. Additionally, AI chatbots can make automatic suggestions and approvals for personal financial management and loan applications.
AI can be utilized in healthcare for medical diagnosis and picture interpretation.
Self-driving cars are becoming more prevalent in the automobile industry, although assistive functions such as self-parking and sophisticated cruise control are already reasonably ubiquitous.
Facial recognition is another AI application with several security implications in a variety of industries.
Enterprise architecture enables businesses to implement AI. Business executives want assistance in acquiring clarity to improve their decision-making around AI, and this is where enterprise architecture's comprehensive approach comes into play.