Generative
Artificial Intelligence, known as ‘GenAI’, is a technology capable of creating new and meaningful content such as text, images, music, and even code from existing data.
GenAI utilizes advanced machine learning algorithms and neural networks to learn patterns and specific characteristics from datasets.
In the business realm, GenAI can be employed for various tasks, such as automatically creating content, generating customized reports from unstructured data, designing products automatically, and producing generative music and art.
In this article, we will explore how GenAI, powered by GeneXus and supported by Globant, is transforming and enhancing work processes across various industries.
The challenge of unstructured data
Unstructured data lacks a structured and defined format, including free text, images, videos, or emails.
Unlike structured data stored in tables, unstructured data does not have a clear uniform structure and can be more challenging to process and analyze without specialized Artificial Intelligence tools.
It is estimated that 90% of the world’s data is unstructured.
According to Gartner’s projections, by 2026, large enterprises will have tripled their unstructured data capacity compared to 2023. This significant increase highlights the urgent need for innovative solutions to effectively manage and leverage these data.
GenAI: The Transformative Revolution
GenAI emerged in 2022 as an innovative solution to address the challenge of unstructured data. This technology not only processes and categorizes existing data but also generates valuable content from it.
While GenAI offers a solution to the longstanding problem of unstructured data, it also introduces new challenges that require integrating this new tool into business applications, considering data privacy and security concerns.
GenAI with GeneXus and Globant
At GeneXus, we believe the key to unlocking GenAI’s potential lies in three fundamental pillars: People, Ideas, and Platforms. This philosophy is inspired by the strategic approach of John Boyd (1927-1997), a United States Air Force officer known for developing the OODA (Observe, Orient, Decide, Act) theory, which describes the decision-making process in competitive environments.
Boyd, an experienced fighter pilot, valued human skills over pure technology. For him, the ability to adapt and the determination to achieve goals were more crucial for success than the tools themselves.
Starting with a solid idea, gathering the right team, and applying the best tools are essential steps to leverage GenAI and solve complex problems.
At GeneXus and Globant, we specialize in providing the right talent and platforms to realize our clients’ visions. When we talk about talent, we refer to the 29,000 ‘Globers’ and more than 1,600 active clients.
GeneXus is part of the Globant X division and plays a crucial role in the GenAI ecosystem, offering a Low-Code platform that combines Generative AI with Deterministic AI. This unique combination allows for the creation, maintenance, and scaling of Mission-Critical Systems in a reliable, fast, innovative, and future-proof environment.
That same year, we released Globant Enterprise AI, a model-agnostic GenAI platform that addresses challenges arising from the evolution of Large Language Models (LLMs), ensuring data privacy and simplifying the integration of GenAI into business applications.
Globant Enterprise AI acts as middleware that enables the integration of Generative AI into any business application, solving communication with any LLM through the same API.
With Globant Enterprise AI, you can build assistants capable of interacting with your organization’s data, documents, and APIs, organize the use of LLMs in different projects, control the budget allocated to each project or application, integrate models from providers and databases, and leverage the variety of models hosted on the NVIDIA platform. In the next post, we explain how Globant is solving business AI challenges with the help of NVIDIA software.
Where to start?
Understanding where you are and where you are heading is crucial for designing a strategy adapted to your organization’s challenges and opportunities.Here are 3 steps to successfully and sustainably drive innovation and efficiency in your business with GenAI:
Step 1
Define a strategic plan centered on People, Ideas, and Platforms.
Step 2
Find, nurture, and empower the right people, fostering ideas and equipping your teams with the necessary Platforms for success.
Step 3
Evaluate your current capabilities and needs in terms of People, Ideas, and Platforms. Ask yourself this question: Do you have the people, ideas, and platforms you need?
Use Cases
Here are some inspiring Use Cases to discover how GenAI is transforming various industries:
Food Industry
Pulp Industry
Foreign Trade
Electric Power
- How a Utility Company Enhanced Information Retrieval with Gen-AI
- Improving the UX of a public company’s website with Generative AI.
Finance
Unlock the use of Generative AI in your business apps!
I invite you to watch this webinar, where I explain how to leverage Globant Enterprise AI’s Generative AI to increase your company’s productivity and overcome corporate challenges.
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How Globant is Solving the Challenges of Enterprise AI with Help from NVIDIA Software
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