Journal Press India®

New Frontiers in Artificial Intelligence for Digitised Services: Implications for International Business

Vol 11 , Issue 1 , January - June 2024 | Pages: 84-101 | Research Paper  

 
Article has been added to the cart.View Cart (0)
https://doi.org/10.17492/jpi.focus.v11i1.1112405


Author Details ( * ) denotes Corresponding author

1. * Gourav Roy, Research scholar, Department of Marketing, Mudra Institute of Communication, Ahmedabad, Gujrat, India (gouravroy.fpm20@micamail.in)
2. Amrita Chakraborty , Research scholar , Department of Marketing , Mudra Institute of Communication, Ahmedabad, Gujrat, India (amritachakraborty.fpm20@micamail.in)

Inclusive usage of Artificial Intelligence (AI) in digitised services is being widely observed. Recent advancements have indicated the prominence of AI in the identification of untapped markets and the possible expansion of international businesses. Yet, the academic discussions on such topics are rudimentary and demand in-depth understanding. This research paper aims to synthesise the role of AI in the expansion of global businesses and the specific efficacies of AI in such circumstances. Overall, the research is guided by qualitative principles, and through forty-five in-depth interviews with global service experts, possible results are discussed. Findings indicated the role of predictive analytics, personalisation, and AI analytics in the expansion of international businesses. Moreover, the usage of AI enabled the scope of service well-being through adequate recommendations and personalization. Finally, the paper introduces a framework to discuss the synergies of AI in global businesses, which has relevant implications for the future.

Keywords

Artificial Intelligence; Digitised services; Personalization; International Businesses

  1. Akter, S., Hossain, M. A., Sajib, S., Sultana, S., Rahman, M., Vrontis, D. & McCarthy, G. (2023). A framework for AI-powered service innovation capability: Review and agenda for future research. Technovation, 125(6/7), 102768. Retrieved from DOI:10.1016/j.tech novation.2023.102768
  2. Ayala-Romero, J. A., Garcia-Saavedra, A., Costa-Perez, X. & Iosifidis, G. (2021). EdgeBOL: automating energy-savings for mobile edge AI. In Proceedings of the 17th International Conference on emerging Networking Experiments and Technologies (pp. 397-410).
  3. Bataineh, A. S., Bentahar, J., Wahab, O. A., Mizouni, R. & Rjoub, G. (2021). Cloud as platform for monetising complementary data for AI-driven services: A two-sided cooperative game. In 2021 IEEE International Conference on Services Computing (SCC) (pp. 443-449). IEEE.
  4. Berners-Lee, T., Hendler, J. & Lassila, O. (2023). The Semantic Web: A new form of Web content that is meaningful to computers will unleash a revolution of new possibilities. Retrieved from https://www.researchgate.net/publication/225070375_The_Semantic_ Web_A_New_Form_of_Web_Content_That_is_Meaningful_to_Computers_Will_Unleash_a_Revolution_of_New_Possibilities
  5. Buhalis, D. & Moldavska, I. (2021). In-room voice-based AI digital assistants transforming on-site hotel services and guests’ experiences. Cham: Springer.
  6. Chen, T., Guo, W., Gao, X. & Liang, Z. (2021). AI-based self-service technology in public service delivery: User experience and influencing factors. Government Information Quarterly, 38(4), 101520.
  7. Chen, Y., Jensen, S., Albert, L. J., Gupta, S. & Lee, T. (2023). Artificial intelligence (AI) student assistants in the classroom: Designing chatbots to support student success. Information Systems Frontiers, 25(1), 161-182.
  8. Floridi, L. (2021). The European legislation on AI: A brief analysis of its philosophical approach. Philosophy & Technology, 34(2), 215-222.
  9. Gec, S., Kochovski, P., Lavbič, D. & Stankovski, V. (2022). Multi‐party smart contract for an AI services ecosystem: An application to smart construction. Concurrency and Computation: Practice and Experience. Retrieved from https://doi.org/10.1002/cpe.6895
  10. Han, M. (2021). Analysis of the public’s intention to use the government’s artificial intelligence (AI)-based services: Focusing on public values and extended technology acceptance model. The Journal of the Korea Contents Association, 21(8), 388-402.
  11. Huang, B. & Philp, M. (2021). When AI-based services fail: Examining the effect of the self-AI connection on willingness to share negative word-of-mouth after service failures. The Service Industries Journal, 41(13-14), 877-899.
  12. Hussain, A. (2023). Use of artificial intelligence in the library services: Prospects and challenges. Library Hi Tech News, 40(2), 15-17.
  13. Janbi, N., Mehmood, R., Katib, I., Albeshri, A., Corchado, J. M. & Yigitcanlar, T. (2022). Imtidad: A reference architecture and a case study on developing distributed AI services for skin disease diagnosis over cloud, fog and edge. Sensors, 22(5), 1-41.
  14. Johnson, K. B., Wei, W. Q., Weeraratne, D., Frisse, M. E., Misulis, K., Rhee, K., ... & Snowdon, J. L. (2021). Precision medicine, AI, and the future of personalised health care. Clinical and Translational Science, 14(1), 86-93.
  15. Kazim, E., Denny, D. M. T. & Koshiyama, A. (2021). AI auditing and impact assessment: according to the UK information commissioner’s office. AI and Ethics, 1(3), 301-310.
  16. Khan, J., Belk, R. W. & Craig-Lees, M. (2015). Measuring consumer perceptions of payment mode. Journal of Economic Psychology, 47, 34-49.
  17. Kim, S. G. (2023). Using ChatGPT for language editing in scientific articles. Maxillofacial Plastic and Reconstructive Surgery, 45(1), 13.
  18. Lanzolla, G., Santoni, S. & Tucci, C. (2021). Unlocking value from AI in financial services: strategic and organisational trade-offs vs. media narratives. Edward Elgar Publishing.
  19. Law, R., Lin, K. J., Ye, H. & Fong, D. K. C. (2023). Artificial intelligence research in hospitality: A state-of-the-art review and future directions. International Journal of Contemporary Hospitality Management, 36(5). Retrieved from DOI:10.1108/IJCHM-02-2023-0189
  20. Li, M., Yin, D., Qiu, H. & Bai, B. (2021). A systematic review of AI technology-based service encounters: Implications for hospitality and tourism operations. International Journal of Hospitality Management, 95(1), 102930. Retrieved from DOI:10.1016/ j.ijhm.2021.102930
  21. Payne, E. H. M., Dahl, A. J. & Peltier, J. (2021). Digital servitisation value co-creation framework for AI services: A research agenda for digital transformation in financial service ecosystems. Journal of Research in Interactive Marketing, 15(2), 200-222
  22. Ponnusamy, V., Vasuki, A., Clement, J. C. & Eswaran, P. (2022). AI‐driven information and communication technologies, services, and applications for next‐generation healthcare system. Smart Systems for Industrial Applications, 12(1) 1-32.
  23. Roy, G. & Jain, V. (2022). Role of artificial intelligence in gamification for the emerging markets. Emerald Publishing Limited. Retrieved from https://www.researchgate.net/publication/364052199_Role_of_Artificial_Intelligence_in_Gamification_for_the_Emerging_Markets
  24. Saadvera, S. & Romero, M. (2021). Local incentives and national tax evasion: The response of illegal mining to a tax reform in Colombia. European Economic Review, 138, 103843. Retrieved from https://doi.org/10.1016/j.euroecorev.2021.103843
  25. Seremeti, L. & Kougias, I. (2021). The legal hood of artificial intelligence: AI applications as energy services. Journal of Artificial Intelligence and Systems, 3(1), 83-92.
  26. Shebli, K. A., Said, R. A., Taleb, N., Ghazal, T. M., Alshurideh, M. T. & Alzoubi, H. M. (2021). RTA’s employees’ perceptions toward the efficiency of artificial intelligence and big data utilisation in providing smart services to the residents of Dubai. Cham: Springer.
  27. Shin, D. (2021). The effects of explainability and causability on perception, trust, and acceptance: Implications for explainable AI. International Journal of Human-Computer Studies, 146(83), 102551. Retrieved from DOI:10.1016/j.ijhcs.2020.102551
  28. Sjödin, D., Parida, V., Palmié, M. & Wincent, J. (2021). How AI capabilities enable business model innovation: Scaling AI through co-evolutionary processes and feedback loops. Journal of Business Research, 134, 574-587.
  29. Taimoor, N. & Rehman, S. (2021). Reliable and resilient AI and IoT-based personalised healthcare services: A Survey. IEEE Access, 10, 535-563. Retrieved from https://ieeex plore.ieee.org/ stamp/stamp.jsp?arnumber=9658494
  30. Väänänen, A., Haataja, K., Vehviläinen-Julkunen, K. & Toivanen, P. (2021). AI in healthcare: A narrative review. F1000Research, 10(6), 6. Retrieved from DOI:10.12688/ f1000research.26997.2
  31. Yao, S., Li, J., Liu, D., Wang, T., Liu, S., Shao, H. & Abdelzaher, T. (2021). Deep compressive offloading: Speeding up edge offloading for AI services. GetMobile: Mobile Computing and Communications, 25(1), 39-42.
  32. Zhang, L., Pentina, I. & Fan, Y. (2021). Who do you choose? Comparing perceptions of human vs robo-advisor in the context of financial services. Journal of Services Marketing, 35(5), 634-646.
Abstract Views: 5
PDF Views: 1

News/Events

Ramachandran Interna...

Ramachandran International Institute of Management (RIIM), Pune Org...

PCETs Pimpri Chinchw...

PCET's Pimpri Chinchwad College of Engineering and Research Org...

Institute of Managem...

Institute of Management Technology, Nagpur Organizing International...

GENDER CULTURES: Mul...

IIULM University, Milan, Italy Organizing GENDER CULTURES: Mul...

Dept. of MBA, Karnat...

Department of MBA, KLS, Gogte Institute of Technology, Belagavi Org...

Indira School of Bus...

Indira School of Mangement Studies PGDM, Pune Organizing Internatio...

Indira Institute of ...

Indira Institute of Management, Pune Organizing International Confe...

D. Y. Patil Internat...

D. Y. Patil International University, Akurdi-Pune Organizing Nation...

ISBM College of Engi...

ISBM College of Engineering, Pune Organizing International Conferen...

Periyar Maniammai In...

Department of Commerce Periyar Maniammai Institute of Science &...

By continuing to use this website, you consent to the use of cookies in accordance with our Cookie Policy.