Technology Magazine November 2024 | Page 23

EXECUTIVE INSIGHT

“ DATA IS THE FOOD FOR AI , AND THE INVESTMENT STRATEGY TO SOURCE DATA SETS FOR AI IS KEY ”

And once this is done – and only after this is done , the technology becomes the enabler , but equally important are the operating model and change management that go along with it .
Q . HOW DO YOU SEE GENERATIVE AI RESHAPING DIGITAL TRANSFORMATION STRATEGIES ?

» Digital transformation is synonymous with business transformation . There is a broad recognition of the need to transform through technology , as every company now is a technology company . The best way to think about Generative AI is in three segments – driving individual productivity , delivering business and process transformation and driving revenue from new products and services . Generative AI is the final tool in a now complete toolbox that allows us to completely reengineer how work gets done – too often we think of GenAI as a chatbot , but in reality , most of the opportunity is actually in reasoning .

Read more from our Executive Insight with Sanjay Srivastava here .
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