Generative AI unlocks business potential

From unlocking the potential of AI-powered businesses to helping businesses navigate the intricacies of data integration, AI has profound implications for businesses around the world. Generative AI represents more than just a technological advance: it is a catalyst for organizational evolutionenabling businesses to open up new areas of possibilities and drive sustained growth in the digital age.

“Digital transformation was really about looking at a whole bunch of projects to digitize internal operations or create digitally native companies,” said Ayon Banerjee (pictured, right), Director of Strategy and Growth at Persistent Systems Ltd. “I think the narrative now starts more from the top down than from the bottom up. I think that’s a striking difference that we’re seeing.

Banerjee and Caroline Yap (left), general manager of the global AI and applied engineering business at Google LLC, spoke with CUBE Research executive analyst. John Furrier At “Accelerating Innovation with Persistence” Event, during an exclusive interview on theCUBE, SiliconANGLE Media’s live streaming studio. They discussed the transformative potential of generative AI and its profound impact on businesses around the world. (*Disclosure below.)

The evolution of generative AI: from concept to reality

Businesses are increasingly recognizing the need to leverage AI to gain deeper insights and make strategic decisions. According to Yap, generative AI brings tangible business value, highlighting the paradigm shift where AI is no longer confined to the domain of data scientists but is adopted by all organizations.

“I think it’s great to see how technology and tools are leveraged in a way that really adds value,” she said.

As it advances, AI has become more practical and is no longer just an experiment, but a critical enabler of business transformation. Generative AI has played a pivotal role in driving enterprise-level KPIs and has been geared towards business transformation rather than just digital transformation, according to Banerjee.

“To me, digital transformation is more about business transformation than digital transformation, with digital being just one tool in the toolbox,” he said.

Empowering businesses through data and AI integration

The practical implications of generative AI in real-world scenarios were also a topic of conversation. Data accessibility and design considerations play an important role in harnessing the full potential of AI. It is crucial to identify relevant data sources and develop strategies to effectively leverage structured, unstructured and synthetic data, according to Banerjee.

“It’s not just data available to the enterprise or data available in a large-scale public language model,” he said. “All of this is going to happen through structured/unstructured data and synthetic data…data is everywhere and that’s really where the future is.”

There is also a future in which AI will be seamlessly integrated into the organizational fabric, driving operational efficiency and fostering human capital. improvement. Partnerships will play a crucial role in this, such as the collaborative efforts between Google and Persistent, to unlock new opportunities and accelerate innovation on a global scale.

“I think upskilling is probably the most important thing that everyone needs today,” Yap said. “A lot of people think AI is just going to eliminate huge swaths of jobs. We need to make sure that we have very good human capital development, but also reskilling of people so that they can move into these future roles where AI is absolutely second nature and not just one tool among others, but it is really part of the basic system. »

Here’s the full video interview, part of SiliconANGLE and theCUBE Research’s coverage on the “Accelerating Innovation with Persistence” Event:

(*Disclosure: TheCUBE is a paid media partner for the “Accelerating Innovation with Persistent” event. Neither Persistent Systems Ltd. nor other sponsors have editorial control over content on theCUBE or SiliconANGLE.)

Photo: SiliconANGLE