Access to better technology and a diversely skilled workforce has always been among large companies’ most significant advantages over smaller competitors. Today, GenAI is making these once-exclusive resources broadly accessible.
While this shift distinctly enables startups, paving the way for the “one-person unicorn,” it can also help large corporations achieve levels of speed and innovation never possible before, as it empowers teams and individuals in an unprecedented way.
Understanding what’s in progress can help leaders better navigate change and build AI-powered enterprises that elevate human ingenuity.
The new outcome-driven technology stack
GenAI is accelerating the democratization of advanced technologies. The integration of AI, analytics and automation into software products is enabling the rise of a modern, outcome-driven IT stack, where the output of largely automated workflows is not simply facts and figures but inferences and recommendations.
Furthermore, commands or requests of the software can now be accomplished with natural language instead of code, increasing accessibility beyond programmers.
For instance, Cognizant Neuro® AI helps users analyze complex scenarios with multiple objectives and constraints using a ChatGPT-style interface. With this platform, workers can identify ways to optimize stock levels and reduce spoilage in inventory management, dynamically adjust prices to maximize revenue and customer retention or allocate support staff efficiently to meet customer demands.