Rapid AI Insights: Edition 25
Dear Readers,
Welcome to our latest edition, where we delve into the transformative world of generative AI. In this edition, we shine a spotlight on generative AI and its profound impact across various domains, from supply chain management to demand forecasting. Our curated selection of articles debunk myths, offer insights, analysis, and expert perspectives to drive innovation and success in today's competitive landscape.
As we navigate the complexities of AI adoption and integration, it's essential to stay informed, ask the right questions, and embrace the opportunities that lie ahead. Join us and get ready to be inspired, informed, and empowered!
Happy reading!
"Business leaders are zeroing in on how Generative AI can help them meet their goals for efficiency and cost savings and many are looking into reinvesting savings in innovation and growth use cases — it is clear getting to scale, accurately measuring progress and selecting the right use cases will be critical factors in achieving value generation. Although financial ROI is important, value drivers such as innovation, strategic positioning and competitive differentiation can be even more important."
- Costi Perricos, Deloitte Global Office of Generative AI Leader.
What Generative AI Means for Supply Chain Work
Discover how generative AI is revolutionizing supply chain processes, automating or augmenting 58% of tasks according to Accenture research. From design to fulfillment, its transformative impact spans across all domains, promising efficiency and insights previously unattainable. As roles evolve, understanding the shift is crucial. Explore how businesses can harness generative AI to redefine operations, empower their workforce, and strategically plan for the future.
SupplyChain247 | Read more
Powering Sales with Effective Demand Forecasting:?The Role of AI and LLMs
Accurate demand forecasting is crucial for businesses to optimize inventory, production, and overall operations. Traditional methods struggle with complex market dynamics. Learn how AI and LLMs offer a powerful solution by leveraging machine learning and natural language processing for more accurate and adaptable forecasts.
RapidCanvas? | Read more
Executives approaching generative AI merely as ‘just another technology’ will have a rude awakening.
- Maria Rey-Marston, Accenture’s global supply chain and operations
领英推荐
Five Myths About Generative AI That Leaders Should Know
As generative AI continues to revolutionize industries, it's crucial to separate fact from fiction. This article debunks five prevalent myths about generative AI, providing insights and strategies to help organizations integrate this technology effectively. Understanding these misconceptions is key to leveraging generative AI's full potential while navigating its complexities and ensuring a competitive edge in today's fast-evolving technological landscape.
KnowledgeAtWharton | Read more
Why Measuring the ROI of Transformative Technology Like GenAI is so Hard
Google and Microsoft have recently demonstrated strong financial growth linked to their GenAI platforms, reflecting a broader industry trend where enterprise CFOs recognize GenAI as a critical technological innovation. This has spurred increased investment and prompted a need for new frameworks to analyze GenAI’s business impact. The article suggests that firms using GenAI more strategically report an eightfold increase in expected ROI impact and aims to address this thesis on how GenAI applications influence business outcomes across various corporate functions in its upcoming CAIO? Study.
PYMNTS | Read more
Gen AI Talent: Your Next Flight Risk
In this podcast, Roberta Fusaro and Lucia Rahilly lead a deep dive into the evolving landscape of AI, focusing on the emergence of "gen AI" and its profound implications for the workforce and leadership roles. They examine how companies are grappling with the challenges of retaining and engaging talent skilled in AI technologies, while also reshaping traditional work structures to accommodate the integration of AI tools and platforms. Additionally, they explore strategies for harnessing AI's potential to not only enhance productivity but also foster innovation across various industries. Through insightful discussions and expert insights, listeners gain valuable perspectives on navigating the AI-driven future of work.
McKinsey Insights| Read more
About RapidCanvas
RapidCanvas is the AI platform for business users. With RapidCanvas, organizations can develop bespoke high-performance, production-grade AI solutions 10x faster, all without the need for specialized data science knowledge or coding expertise, or any investments in professional services. Leveraging cutting-edge AutoAI technology, RapidCanvas effortlessly navigates users through an automated journey from raw data to explainable and actionable predictions. RapidCanvas works with industry leaders in manufacturing, direct-to-consumer, real estate, and financial services, empowering them to unlock the full potential of AI.