Adopting Artificial Intelligence in Danish SMEs: Barriers to Become a Data Driven Company, Its Solutions and Benefits

Nadeem Iftikhar, Finn Nordbjerg

2021

Abstract

Artificial intelligence allows small and medium-sized enterprises (SMEs) in the manufacturing sector to improve performance, reduce downtime and increase productivity. SMEs in Denmark are still struggling to implement artificial intelligence based strategies since they face a range of challenges, such as business applications, data availability, organizational culture towards the acceptance of new technologies, investment in new technologies, skills gap, development process and effective strategy. In the beginning, the paper describes the challenges faced by SMEs in adopting artificial intelligence. Then, the paper suggests solutions to overcome these challenges and discusses the importance of artificial intelligence as well as the opportunities it offers to SMEs.

Paper Citation

in Harvard Style

Iftikhar N. and Nordbjerg F. (2021). Adopting Artificial Intelligence in Danish SMEs: Barriers to Become a Data Driven Company, Its Solutions and Benefits. In Proceedings of the 2nd International Conference on Innovative Intelligent Industrial Production and Logistics - Volume 1: IN4PL, ISBN 978-989-758-535-7, pages 131-136. DOI: 10.5220/0010691800003062

in Bibtex Style

@conference{in4pl21,
author={Nadeem Iftikhar and Finn Nordbjerg},
title={Adopting Artificial Intelligence in Danish SMEs: Barriers to Become a Data Driven Company, Its Solutions and Benefits},
booktitle={Proceedings of the 2nd International Conference on Innovative Intelligent Industrial Production and Logistics - Volume 1: IN4PL,},
year={2021},
pages={131-136},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010691800003062},
isbn={978-989-758-535-7},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 2nd International Conference on Innovative Intelligent Industrial Production and Logistics - Volume 1: IN4PL,
TI - Adopting Artificial Intelligence in Danish SMEs: Barriers to Become a Data Driven Company, Its Solutions and Benefits
SN - 978-989-758-535-7
AU - Iftikhar N.
AU - Nordbjerg F.
PY - 2021
SP - 131
EP - 136
DO - 10.5220/0010691800003062