Application of artificial intelligence in business management and financial market forecasting

  • Mohsen Amiri
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Abstract

In today's business world, artificial intelligence as a new technology has provided dynamic and flexible capabilities in organizational decision-making processes, considering that organizational decision-making often faces challenges due to the complexity and multiplicity of factors affecting it. The application of artificial intelligence as A powerful tool can be effective in improving the organizational decision-making process and improving the performance of organizational managers. Artificial intelligence is one of the popular and widely used new sciences in almost all aspects of life and can do things faster and more accurately. The numerous advantages of artificial intelligence and its wide applications today are not hidden from anyone. Financial services companies are constantly looking for ways to gain superiority in the capital market and surpass their competitors. To do this, companies are moving away from old systems and models They adopt a more agile business that includes artificial intelligence techniques in capital markets, artificial intelligence in financial markets and machine learning (ML).  In capital markets, companies use artificial intelligence and ML projects in coordination with RPA robotic process automation technologies to meet customer requests, speed up financial market analysis, and more accurately identify risk in the business process. DOI: https://doi.org/10.52783/pst.875

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APA

Mohsen Amiri. (2024). Application of artificial intelligence in business management and financial market forecasting. Power System Technology, 48(3), 781–808. https://doi.org/10.52783/pst.875

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