Experience the Power of genAI: Transforming Businesses Across Industries

Experience the Power of genAI: Transforming Businesses Across Industries

Generative AI is rapidly gaining ⁢traction⁣ in businesses, with a five-fold⁣ increase expected by 2023. A new report ‍by Workato, a business automation⁣ vendor, reveals that companies ⁣are integrating this new technology into⁣ various ⁤departments and operations. The report, based on data⁣ from 1,055 companies, indicates that while ⁢spending on genAI tools is still relatively low, the market⁢ buzz is backed by⁢ real-world applications.

Surprisingly, the rise of⁣ genAI is not​ limited to IT​ or technical areas. The ⁤technology is being democratized, ‍with line of business teams leveraging ‍it to automate work and manage complex processes. Workato’s research suggests that operational teams will soon take over the majority of ‌AI automation projects, marking a‌ significant shift for global businesses.

According to ‍Workato CIO Carter Busse, empowering employees to utilize genAI can⁢ lead to substantial advancements. The report also highlights IT as a key⁣ business⁢ unit⁤ for ​genAI ‍use,‌ particularly in areas such as automated helpdesk functions and⁤ data operations.

Looking ahead, data operations⁣ are ‌expected to be the⁢ most automated⁤ process in 2024, driven by the need to manage and extract value⁤ from the growing ⁣volume of data. This trend underscores the transformative impact of generative⁢ AI⁤ on businesses.

2024-02-04 09:00:03
Article from www.computerworld.com

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