Artificial Intelligence: Empowering Firms like Never Before (Part 1 of 5)

In this commentary DBRS Morningstar discusses how companies across the Diversified Industries space are adapting to a new operating reality, whereby developing and implementing artificial intelligence (AI) techniques that can significantly improve operations and enhance customer engagement have become necessary simply to remain competitive with peers. AI is defined as computational processes that mimic human intelligence (e.g., through machine-learning data analysis and predictions) and/or human creativity (e.g., through generative AI creations of new text and other media).

“Investments in high volume and broad-based data collection efforts and leveraging previously unavailable advanced computational models are enabling new and creative methods of solving traditional challenges. Firms that do not commit to pursuing such innovations risk their competitive positioning and ultimately weaker operating and financial metrics,” said Vineet Khattar, Vice President, Diversified Industries.

For more on artificial intelligence, please see DBRS Morningstar’s commentaries in the series:

Part 2 of 5: Artificial Intelligence: Empowering Firms Like Never Before—Global Airlines Sector

Part 3 of 5: Artificial Intelligence: Empowering Firms Like Never Before—Global Grocery Sector

Part 4 of 5: Artificial Intelligence: Empowering Firms Like Never Before—Global Auto Sector

Part 5 of 5: Artificial Intelligence: Empowering Firms Like Never Before—Global Telecom Sector