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

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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.
Original languageEnglish
Title of host publicationProceedings of the 2nd International Conference on Innovative Intelligent Industrial Production and Logistics, IN4PL 2021
EditorsHerve Panetto, Marco Macchi, Kurosh Madani
Number of pages6
PublisherSCITEPRESS Digital Library
Publication date2021
Pages131-136
ISBN (Electronic)978-989-758-535-7
DOIs
Publication statusPublished - 2021
EventIN4PL 2021: 2nd International Conference on Innovative Intelligent Industrial Production and Logistics - Valletta, Malta
Duration: 25 Oct 202127 Oct 2021
https://in4pl.scitevents.org/?y=2021

Conference

ConferenceIN4PL 2021
Country/TerritoryMalta
CityValletta
Period25/10/2127/10/21
OtherThis conference focuses on research and development involving innovative methods, software and hardware, whereby intelligent systems are applied to industrial production and logistics. This is currently related to the concept of industry 4.0 - an expres...
Internet address

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