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Applications of Artificial Intelligence in Small- and Medium-Sized Enterprises (SMEs)

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Cognitive Informatics and Soft Computing

Part of the book series: Lecture Notes in Networks and Systems ((LNNS,volume 375))

Abstract

The advancements in deep learning methods have brought several new artificial intelligence (AI) applications making AI important for every enterprise that aims to be competitive. Therefore, not only Tech companies but also small- and medium-sized enterprises (SMEs) require AI. This paper discusses SME AI applications and reveals the challenges, solutions, and advantages of implementing AI in SMEs. Although some SMEs are concerned with building their applications because of the cost and length of implementing AI, resulting in a high risk of failure, nevertheless, SMEs still depend on artificial intelligence for growth and cloud-based solutions.

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Author information

Authors and Affiliations

  1. Sikkim Manipal Institute of Technology, Majhitar, India

    Samarjeet Borah

  2. American University of Nigeria, Yola, Nigeria

    Chukwuma Kama & Sandip Rakshit

  3. University of New York Tirana, Tirana, Albania

    Narasimha Rao Vajjhala

Authors
  1. Samarjeet Borah
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  2. Chukwuma Kama
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  3. Sandip Rakshit
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  4. Narasimha Rao Vajjhala
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Editor information

Editors and Affiliations

  1. School of Computer Engineering, KIIT Deemed to be University, Bhubaneswar, India

    Pradeep Kumar Mallick

  2. KIET Group of Institutions, Delhi-NCR, Ghaziabad, India

    Akash Kumar Bhoi

  3. Wireless Networks Research Laboratory, National Research Council, Institute of Information Science and Technologies, Pisa, Italy

    Paolo Barsocchi

  4. Department of Teleinformatics Engineering, Federal University of Ceará, Fortaleza/CE, Brazil

    Victor Hugo C. de Albuquerque

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© 2022 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.

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Cite this paper

Borah, S., Kama, C., Rakshit, S., Vajjhala, N.R. (2022). Applications of Artificial Intelligence in Small- and Medium-Sized Enterprises (SMEs). In: Mallick, P.K., Bhoi, A.K., Barsocchi, P., de Albuquerque, V.H.C. (eds) Cognitive Informatics and Soft Computing. Lecture Notes in Networks and Systems, vol 375. Springer, Singapore. https://doi.org/10.1007/978-981-16-8763-1_59

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