Turn the Tide with GenAI
GenAI is not just a tool, but a disruptive force that has been reshaping business paradigms. Business leaders, big and small, are waking up to the transformative possibilities of GenAI to break the mold and foster innovations. Just like any other technological innovations, GenAI is a double-edged sword. If implemented well, it can create opportunities for development and accelerate societal, technological, and economic progress.
By 2026, more than 80% of enterprises will have used generative
artificial intelligence in some form or other (GenAI)
Why is GenAI Making Noise?
The Numbers Speak for Themselves
Don't Just Adopt, Adapt:
GenAI is Worth Every Hype for Businesses
15.7% in cost savings
Saves 2 hours 20 minutes daily on average
25% increase in business productivity
60% to 70% reduction in manual workloads
Automates 30% of hours worked in a day
GenAI is Making Big Moves:
Exploring Industry wide Use Cases
Healthcare
- Benefits Verification and Auto Rules Generation
- Personalized Patient and Member Communication
- Drug Discovery and Development
- Assessment Tool for Cognitive Disorders
- Prototyping
Banking
- Dynamic Pricing and Product Innovation
- Quantitative Finance and Algorithmic Trading
- Portfolio Optimization, Capital markets research
- Regulatory code change consultants
Tourism
- Optimized disruption management
- UX personalization in airlines
- Sentiment analysis, Dynamic pricing
- Self-service technology
- Demand trend identification, Case Management Consolidation
Retail
- Conversational commerce
- Product catalog management, Interactive store layout optimization
- Predictive maintenance, Product lifecycle management
- Logistics fulfilment and discovery
- auto-populated and personalized carts
Manufacturing
- Machine-generated events monitoring
- Behavioral Analysis
- Machine Automation and Optimization
- Digital Twin Technology, supply chain management
- additive manufacturing
Education
- Personalized Lessons
- Course Design
- Data Privacy Protection for Analytical Models
- Restoring Old Learning Materials
- Tutoring
- Streamlining administrative processes Resource Planning
Insurance
- Data augmentation
- Risk assessment and premium calculation
- Fraud detection
- Predictive analysis & scenario modeling
- Customer profiling Claims processing automation
FMCG
- Recommendation systems
- Customer churn prediction
- Sales process automation
- Market analysis
- Legal compliance
- Demand prediction
- Automating contract reviews
Entertainment
- Post-Production
- Content Creation
- CGI Enhancements
- Automated Transcription and Translation
- Copyright Management
- Dynamic game environments
- Book Publishing
- Interactive Advertising
F&B
- Recipe Generation
- Taste and Aroma Modeling
- Quality Control
- Personalized Nutrition
- Food Manufacturing
- Market trends forecasting
- Rapid A/B testing
Top Open Source GenAI Tools
Mistral 7B
Link
Mistral AI | Frontier AI in your hands
Description
Using a Mixture of Experts (MoE) architecture, it helps in complex natural language processing and offering personalized content recommendations, to advanced problem-solving in finance, healthcare, and technology.
Launch Date
September 27, 2023
Baidu PaddlePaddle
Link
Description
It is an open-source deep learning platform that offers pre-trained models for various AI tasks
Launch Date
2016
LLaMA-2
Link
Description
Using Advanced language modeling, its used for content creation and information extraction
Launch Date
July 18, 2023
Hugging Face Transformers
Link
Description
Offers pre-trained transformer models for NLP tasks, including text generation, translation, question answering, and sentiment analysis
Stable Diffusion XL Base 1.0
Link
Description
An open-source Latent Diffusion Model, it is used for generating high-quality, diverse images, starting from portraits to photorealistic images
Launch Date
November 10th, 2023
Pythia
Link
Description
Pythia is used for facilitating research in many areas, resulting in memorization, term frequency effects on few-shot arithmetic performance, and reducing gender bias.
Launch Date
14 Mar, 2023
Deepseek Coder
Link
Description
Has a deep understanding of languages such as Python, Java, and C++. Optimizes algorithms, minimizes code execution time, generates boilerplate codes, improves code quality, and more.
Grok
Link
Description
Grok has the potential to revolutionize the way we interact with AI systems. Its ability to answer a wide range of questions and provide suggestions for further inquiries opens up new possibilities for research, education, and innovation. By democratizing access to knowledge and information, Grok empowers individuals and organizations to explore complex topics and make informed decisions.
Top Proprietary GenAI Tools
Google Cloud AI
Link
Description
Offers multiple AI models including natural language processing (NLP), speech recognition, and image analysis, all available through Google Cloud's AI Platform.
Microsoft Azure AI
Link
Description
Microsoft Azure provides AI services like Azure Cognitive Services that includes pre-trained models for speech, vision, decision-making, and language tasks, available through the Azure portal and APIs
Amazon AI
Link
Description
Provides AI services such as Amazon Lex for creating conversational interfaces, Amazon Polly for text-to-speech conversion, and Amazon Rekognition for image and video analysis.
Launch Date
April 13, 2023
IBM WatsonX
Link
Description
Build custom AI applications for your business, manage all data sources, and accelerate responsible AI workflows—all on one platform
Launch Date
2004
Salesforce Einstein
Link
Description
Provides AI-powered services embedded into the Salesforce platform, like predictive analytics, natural language processing, and chatbots
Launch Date
March 7, 2023
Alibaba Tongyi Wanxiang
Link
Description
Offers AI services and models such as natural language processing, computer vision, and speech recognition.
Launch Date
January 30, 2024
SAP Joule
Link
Description
A suite of AI-powered models integrated into SAP applications for document processing, customer service, and predictive analytics
Claude 3.5
Link
Description
Built by Anthropic, it specializes in conversational intelligence. Used in areas of conversational AI, such as chatbots for customer service, virtual assistants
Launch Date
July 2022
DALL-E 3
Link
Description
A next-gen image generation model, it is used for generating images from text descriptions. Used in creative arts, graphic design, education, and conceptual visualization
Launch Date
October 2023
ChatGPT
Link
Description
Generates human-like text, which can be used for a variety of applications, such as chatbots, automated content creation, and language translation
Launch Date
November 30, 2022
GPT 3
Link
Description
GPT-3 achieves strong performance on many NLP datasets, including translation, question-answering, and cloze tasks, as well as several tasks that require on-the-fly reasoning or domain adaptation, such as unscrambling words, using a novel word in a sentence, or performing 3-digit arithmetic
Launch Date
28th May, 2023
GPT-40
Link
Description
GPT-40 can reason across audio, vision, and text in real time. Unlike its predecessors, it accepts any combination of text, audio, and image as input and generates corresponding outputs in any of these modalities.
Launch Date
May 13th, 2024
As a digital transformation partner for Fortune 500 companies, we help in the implementation, monitoring and managing of GenAI models aligned to your organization s infrastructure and business objectives. Our experts hold expertise in integrating AI, ML, and deep learning tools to revamp manual driven processes around customer management, supply chain management, insurance management, and many more.
Additionally, our AI and data analytics capabilities are designed to streamline data collection, processing, and analysis for accurate insights and decision making.
