Generative AI is ushering in a new era of the digital ecosystem, which encompasses hardware providers to application builders. It is hoped that this will help realize its potential for business. The ecosystem has started budding already as people started have stated using Chat GPT so regularly! Industries are exploring generative AI tools and digging deeper, for strategies accelerating their digital transformations. The fact that Chat GPT reached 100 million users within two months of its launch, is a phenomenon everyone wants to replicate, better.
According to Gartner, 30% of outbound messages from businesses will be written by AI by 2025. Thought leadership perception has to change from “How can Generative AI help me do what I already do but with low cost and faster?” to “How can I reframe what I do to optimize and achieve more in collaboration with this technology, enhancing ‘Human Intelligence’, Human Potential & Human Purpose?”
To grasp the essence of the Generative AI value chain, it is beneficial to comprehend how its capabilities set it apart from “conventional” AI technologies commonly employed by companies for tasks like client churn prediction, product demand forecasting, and next-best-product recommendations. One pivotal distinction lies in its capacity, and that is to generate fresh content. This content can be presented through various modalities, encompassing written text (articles or responses to queries), visual imagery resembling photographs or paintings, videos, and three-dimensional representations (such as environments and landscapes for video games).
While AI’s potential excites many, its implementation isn’t the endgame. The focus is on meeting strategic goals. Begin by:
- Defining Objectives
- Evaluating Current Capabilities
- Data Identification
- Selecting AI Tools
- Monitoring and Refinement
Generative AI Spectrum encompasses industries to get them ready to add value to their businesses. Get the answers to seven key questions to start Generative AI architecture for the enterprise.
“In an age where rapid innovation is the norm, MOURI Tech stands at the forefront with generative AI. This technology is not just about automating processes; it’s about crafting intelligent solutions tailored to unique business challenges. Generative AI empowers us to envision solutions beyond our immediate imaginations, ensuring our digital products remain both transformative and adaptive across industries. As we harness its potential, we’re not just solving today’s challenges – we’re anticipating and addressing the needs of tomorrow.”
Suresh Sutar
Director – Digital
Generative AI technology is advancing quickly, and new ways to use it are emerging rapidly. This has made investors and business leaders rush to understand the Generative AI ecosystem. It has potential to make comprehensive explorations into Chief Executives’ strategy and the prospective economic impact that the technology can generate globally across various sectors. Our goal is to offer a solid platform that can act as a launchpad for evaluating investment prospects.
With Generative AI tools, beginning your creative journey from scratch is unnecessary. Kickstart your creativity with the assistance of your AI partner and collaborator.
References:
https://www.leewayhertz.com/generative-ai-architecture-for-enterprises/
https://www.ucd.ie/professionalacademy/resources/webinar-chatgpt-and-the-future-of-work/
Author Bio:
Suresh Sutar
Director – Digital
Experienced Leader with a demonstrated history of leadership in the information technology, products and services industry. Responsible for accelerating MOURI Tech’s growth in Cloud and Custom Solutions, DevSecOps, AI/ML, setting a new market standard for truly integrated, full-stack cloud and engineering capabilities. Driving technology-based innovation and transforming organisations to become lean, agile.
