How to Pilot Generative AI in your Enterprise
https://www.xenonstack.com

How to Pilot Generative AI in your Enterprise

Organizations are planning or in the process of running PoCs for generative AI. According to the MIT Technology Review, 76% of business leaders say their companies are ready to adopt generative AI in their workflows.??

According to Gartner, 45% of organisations have seen an increase in AI investment since ChatGPT was released, and 68% of executives believe that generative AI benefits outweigh its risks.??

Generative AI opened up new areas and enabled broader opportunities with multimodal and multilingual AI for different Data types and artefacts, including text, code, images, video, music, speech and designs (e.g., 3D, parts and buildings).??

AI will improve human collaboration and relationships by transforming the lives of people with special needs.

Humanoid robots will be new companions, and AI Agents will be new teammates, which enhance human intelligence. ??

Data is a New MOAT, and Sovereign AI is evolving for the use cases.??

A generative AI Pilot might cover different use cases, for example. ??

  • Intelligent Document Processing - Automate loan application review, extract key facts from financial statements, and generate reports – all with extraordinary accuracy.??

  • Personalized Economic Forecasting - Using AI to analyze vast datasets and predict future cash flow needs, enabling businesses to make data-driven decisions.??

  • Using Automated Code Reviews and Test Cases application to improve developer productivity and experience ??

  • Leveraging image generation and content creation to create marketing materials and Product knowledge base ??

  • Synthetic Data Generation - Address data gaps Challenges and train Ml models to improve speed to market with new AI solutions??

  • Customer Support and Experience – Handling multiple customer inquiries simultaneously, responding instantly to frequent questions and troubleshooting issues.??

Companies do not need to opt for large language models. Leaders have to look into the context of the domain, who will use your AI, and where you will use the AI.


In Some Cases, they must consider?Response time, cost, data privacy, and specialized needs like On-Device Intelligence to finalize the business case.??

SLMs (small language models), LAMs (Language Action Models), DLMs (Domain Language Models), and traditional?ML and Deep Learning Models?have many applications, particularly for organizations with specialized needs.

On Device Intelligence, Apple, hugging Face and Microsoft launched small Models for Specific use cases and needs.??

Different implementation strategies exist for the use cases, from customization of models, building from scratch or buying from an external Cloud provider or API provider. ??


We are shifting from models to compound systems, and Organizations must adopt Data-centric AI and build Compound AI Systems with Agentic workflow.?

RAG is an example of compound systems ?

Large enterprises are looking to adapt to generative AI to improve efficiency and productivity, enhance creativity and innovation, Improve decision-making and analytics, and personalize customer experiences. ?

Enterprises also enhance their services to create a competitive edge and address risk management and regulatory compliance. ?

Steps to take for Pilot Generative AI ??

1. Identified The Business Use Case ??

???????? ???????Get input from the business on potential use cases.??

??????? ?????????Align use cases to your business and IT strategy.??

??????? ????? Select the best use cases from among the many available options.??

2. Prioritize the Business Use Case ??

3. Understand data requirements.??

4. Assemble the small team ??

5. Design Considerations and Plan the Pilot ??

????????????Determine Pilot Objectives and?KPIs??

??????????????Determine Risks and Mitigations for Pilot Use Cases??

??????????????Decide on the Deployment?Approach?

6. Deploy, monitor, and evaluate the pilot?

7. Iteration on the Outcomes and align Business Value ??



?




?


??

??

?

?

Couldn't agree more with prioritizing Data-centric AI and implementing DataOps practices. It's fascinating how Compound AI systems can generate substantial value and enhance customer experiences. Has your organization seen noticeable improvements in efficiency and innovation through these approaches?

回复

要查看或添加评论,请登录

Navdeep Singh Gill的更多文章

  • Multi-Agent System and Autonomous Agents - Next Frontier of Generative AI

    Multi-Agent System and Autonomous Agents - Next Frontier of Generative AI

    We are transitioning from an era of knowledge-oriented, general AI-powered tools such as chatbots designed for…

  • Top Edge AI Trends in 2024

    Top Edge AI Trends in 2024

    The main trends highlighted at the Embedded world 2024 included the rise of Edge AI computing, growing demand for…

  • On-Device LLM - Future is EDGE AI

    On-Device LLM - Future is EDGE AI

    Large language models (LLMs) are central to modern natural language processing, delivering exceptional performance in…

    1 条评论
  • Put AI for Decision-Making into Practice - Decision Intelligence

    Put AI for Decision-Making into Practice - Decision Intelligence

    Businesses are looking to get a higher return out of artificial intelligence (AI) and machine learning (ML) than just…

    1 条评论
  • Emergence of Small Language Models

    Emergence of Small Language Models

    Today, large language or Foundation Models (FMs) represent one of the most powerful new ways to build AI models;…

  • Building AI Factories

    Building AI Factories

    “Every Country needs to own the production of their own intelligence “ - Jensen Huang Taking things forward, Every…

  • Generative Agent for Insights Discovery and Knowledge Management

    Generative Agent for Insights Discovery and Knowledge Management

    Team working from last 2-3 Months to launch Generative Agents for enterprise Data and Building Private LLM with…

    2 条评论
  • Generative AI on the Edge

    Generative AI on the Edge

    Intelligence is moving towards edge devices. Increased computing power and sensor data along with improved AI…

    1 条评论
  • Race to Build Your Own AI Copilot: Era of Cognitive Plumbing

    Race to Build Your Own AI Copilot: Era of Cognitive Plumbing

    The race to embed advanced AI capabilities into products is on! Product “copilots” are the new norm, enabling natural…

  • POC to Production of Generative AI Applications

    POC to Production of Generative AI Applications

    Today, many organisations are looking to integrate Generative AI Applications to achieve greater business value from…

社区洞察

其他会员也浏览了