Sign up to save tools and stay up to date with the latest in AI
bg
bg
1

How Generative AI For Business Is Creating A New Playbook For Value

Feb 05, 2024 - forbes.com
The article discusses the transformative potential of generative AI in business, particularly in the field of sports scouting. The author, an executive at SAP, shares how generative AI can streamline the process of scouting reports, which are often time-consuming, inefficient, and written in various languages. As an example, SAP collaborated with German soccer clubs FC Bayern Munich and Hertha BSC to develop a prototype that uses generative AI to create automated summaries and recommendations of scouting reports, making them easily accessible to club executives in their natural language.

The author argues that the true value of generative AI lies not just in solving specific problems, but in its scalability across an entire enterprise to address various business needs. When combined with SAP’s Business Technology Platform, generative AI can be further scaled to maximize its impact. The author concludes by stating that data is the playbook of champions in sports and business alike, and anticipates the era of generative AI for business is just beginning.

Key takeaways:

  • Generative AI is already transforming businesses today, creating value in ways that many might not realize.
  • One of the applications of generative AI is in the field of sports scouting, where it can efficiently process and summarize vast amounts of scouting reports written in different languages and styles.
  • SAP has collaborated with FC Bayern Munich and Hertha BSC on a prototype that uses generative AI to create automated summaries and recommendations of scouting reports, making them easily accessible to club executives.
  • Generative AI is scalable across an entire enterprise and can address various business needs from financing and supply chain management to procurement, travel, and training when combined with SAP’s Business Technology Platform.
View Full Article

Comments (0)

Be the first to comment!