Vol: 4, Issue: 3 2014

Page: 45-58

Intelligent Systems and Their Implications for the Industries

Sanjeev Sharma, Lokesh Verma, Sakshi Kapoor

In this dynamic and turbulent business environment, technology plays a pivotal role in the success of a business concern that cannot be ruled out. Thus, with the development of the technology for the business concerns has changed the face of the business. The family of intelligent systems so developed by the organizations like SAP, IBM, and GS1 etc has made the businesses more efficient and processes more effective. Intelligent systems in the business can not only provide a seamless shopping experience to the consumer, but can also help businesses streamline their operations so that they can meet the challenges of competition, shrinkage, supply chain management, inventory and store management by implementing new technologies. They can lend cutting-edge technology to industries and it only gets better with newer processes and softwares coming into the market. Industries need to shake up their feathers and fully realize the potential of intelligent systems and incorporate them in their business.