Embedding AI across the enterprise
AI is transforming enterprises across various industries, bringing about transformative changes in how businesses operate, make decisions, and interact with their customers. With AI embedded across the IT estate from chips to apps, the application of AI/ML has become indispensable for enhanced decision-making, automation of repetitive tasks, personalizing customer experiences, fraud detection and prevention, SA, and supply chain optimization. According to a study by IDC, global spending on AI is estimated to exceed $301 billion. Cloud computing has democratized the use and application of AI across the spectrum – from offering purpose-built GPUs and TPUs to running AI models that can be used on-demand with a pay-for-use model, APIs for pre-built AI models, automated ML (AutoML), and AI SDKs. Furthermore, the emergence of GenAI is revolutionizing creativity and is proving to change the way businesses operate.
Following are some ways enterprises...