Generative AI has raised a storm in corporate circles. Its ability to respond to requests and understand human queries has made it fascinating. Enterprises are obsessed with streamlining their processes, and the technology fits the bill.
As systems connect to each other to provide data to become interlinked, generative AI has the capacity to improve internal processes. It can use the existing information to improve department collaboration, increase productivity, and enhance efficiency.
Internet Soft, a software development company in California, is committed to developing a customized artificial intelligence solution for corporations and enterprises. The company boasts a talented team of software developers who can train AI models that answer your business needs. In the following new blog, we aim to demystify the power of generative AI and unlock opportunities for businesses in all industries.
GenAI in the Current Business Landscape
The current business landscape has changed drastically. Digital transformation has taken center stage, with many companies overhauling their current processes. The need to respond to customers and keep up with client demand has created the need for artificial intelligence.
GenAI, created out of training in large datasets and generative adversarial networks (GANs), can leverage the data to respond to business queries. It possesses the ability to create text, audio, and video content.
Enterprises need a barrage of content for customers to consume on a daily basis. The content posted to quench their thirst for good products and services can be time-consuming to create. GenAI expedites the process by learning from datasets and creating original outputs.
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What Does GenAI Currently Do?
- Content Creation – Generative AI solutions can create content for the latest queries. Content managers have a calendar to stick to and deadlines to meet. GenAI helps with the task by creating a rough draft of the content and helping marketers polish the content. It can be used in repurposing the same content for audio and video.
- Product Design – IT service and solution providers need to provide updated product designs for their software. The iterations of the code are strenuous to create within a short span of time. Product front-end designs can be created using existing data using a GenAI model, and the code can be written to support them. The rough draft can be debugged to suit the company’s needs and vision.
- Customer Experience – Customer experience is taxing for all industries. The chatbot programmed to answer frequently answered queries can help the company manage its customers. In addition, the GenAI-powered chatbot can listen to mentions of the company online and respond on social media. Moreover, it can answer queries per the company’s policies and help resolve various queries quickly.
- Advanced Automation—Companies have various manual processes that require the permission of various stakeholders. These can be automated to ensure tasks are completed ahead of time. It brings efficiency and efficacy to the team.
Industries that Should Use GenAI
- Human Resources – The human resources sector finds it particularly difficult to track down high-caliber candidates. With retention remaining a problem in most companies, HR managers can use AI to track down good recruits and reduce the onboarding process for candidates. It results in employees committing to companies faster and organizations wasting less time on their training.
- Healthcare – The pharmaceutical industry has leveraged GenAI models to fast-track clinical trials of new drugs. This helps patients on the waiting list access new drugs to improve their health. In addition, the GenAI model can amplify the learnings from live healthcare data from the field to improve its insights and suggestions.
- Education – The education sector has leveraged GenAI to create experiential solutions and improve students’ learning capabilities. The large datasets can be used to provide students with a personalized mentor and improve their abilities. GenAI can also unlock new opportunities to train students and teachers in new principles or case studies.
- Finance – The finance sector can leverage GenAI solutions to improve its forecasting capabilities. It can suggest packages and plans suitable for a set of individuals to better plan their finances. In addition, it helps individuals invest in better stocks for higher returns. It can also be programmed to answer questions on the financial market and keep customers abreast of the latest developments.
- Entertainment – GenAI has been used to create AI art from the available data. It has been used to create matte paintings in the backgrounds and assist in CGI. Moreover, it has been employed to improve the recommendations of movies and films on streaming platforms. This enriches the customer experience and keeps them hooked on the platform.
- Software Development – The software development sector leverages GenAI models to accelerate coding speed and ship products to market rapidly. GenAI helps create updated product information and datasheets for developers and potential customers. The generative AI solution can interpret and understand the latest methodologies and imitate them to tackle obstacles in the design and pre-coding phase.
Why Choose Internet Soft for POS System?
Internet Soft an AI Development Company provides the best generative AI solutions for business leaders who want to serve their customers well. Its team is large and has considerable experience developing customized AI models.
The company has created a telemedicine app and restaurant mobile app solution for its clients with thumping success. The generative AI solution can be integrated as a chatbot to handle regular customer queries and integrate itself within internal processes to improve their productivity rate.
The GenAI solution can multiply the potential of enterprises and its employees and create value by unlocking collaboration between departments and creating a new ecosystem.
Talk to Internet Soft today to get the GenAI solution you need.
ABOUT THE AUTHOR
Abhishek Bhosale
COO, Internet Soft
Abhishek is a dynamic Chief Operations Officer with a proven track record of optimizing business processes and driving operational excellence. With a passion for strategic planning and a keen eye for efficiency, Abhishek has successfully led teams to deliver exceptional results in AI, ML, core Banking and Blockchain projects. His expertise lies in streamlining operations and fostering innovation for sustainable growth