Artificial Intelligence’s Relevance for Energy Optimization, Companies and Business Internationalization

Abstract

This paper presents and analyses the relevance of artificial intelligence for energy optimization companies and business internationalization, the mega-trended combination between digitalization and globalization impacts directly business internationalization. The methodology of research relied on a literature review and data analysis in quantitative qualitative way by focusing on a case study as well using bibliographic data from Scopus and operating the steps using VOSviewer to go further with research. The research question is” How relevant and connected or useful artificial intelligence for business internationalization, companies and energy optimization?”. The results show that embracing artificial intelligence could speed so far business operations and processes. Moreover, since the world is moving towards industry 5 and the economy of the future, artificial intelligence has become an important instrument for all the economic sector including energy that is related to business opportunities and companies’ internationalization and operations, energy is a business as well since it is about supply and demand and it always needs optimization and AI has been useful for that taking the example of smart grids, smart cities and houses, AI for renewable energy (solar and wind), industry and electrical vehicles. In conclusion, business internationalization relies on the use of digitalization that connects business operations and relationships. AI is important for business internationalization, companies and energy optimization.