Using Artificial Intelligence in Company Management

Abstract

Thanks to technological progress, artificial intelligence is currently used in different areas of our lives. The use of artificial intelligence in business and finance has a promising future. Artificial intelligence is inspired by the behavior of biological patterns, having also the ability to learn and then capture these strongly non-linear dependencies. The advantage of artificial neural networks consists in their capability of working with big data, in the precision of their results or easier use of the obtained neural network. The objective of this contribution is to carry out systematic literary research of the most renowned scientific resources and find out whether it is possible to use artificial intelligence in practice, in company management. After a clearly defined process of selecting the appropriate scientific outcomes, these studies are explored and conclusions are made. A total of 31 publications fulfilled the criteria. The publications more or less agree on the practical applicability of artificial intelligence in company management.