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The Biggest Opportunity For Businesses Today: Using The Right Business Data

Mar 07, 2024 - forbes.com
The article emphasizes the importance of generative AI in transforming business processes, particularly in the context of data capture. It highlights the role of good data in automating processes, generating intelligent insights, and enabling impactful work. The article also announces SAP's new generative-AI features in SAP Datasphere, which aim to revolutionize enterprise planning through simplified data landscapes and more intuitive data interaction.

The article further underscores the significance of having a unified data view, facilitated by SAP Datasphere, for businesses to adapt quickly to market changes and make better decisions. It also mentions the partnership expansion with Collibra to help customers meet AI-related compliance, privacy, and regulatory requirements. The article concludes by stating that the ability to effectively train AI models could be a key differentiator for businesses in the future.

Key takeaways:

  • Generative AI for business can transform every aspect of business, but it's only as effective as the data it's trained on. Good data can automate processes and create intelligent insights.
  • SAP has announced new generative-AI features in SAP Datasphere that will transform enterprise planning through simplified data landscapes and more-intuitive data interaction.
  • Having a unified data view that simplifies the data landscapes while retaining context and logic, enables businesses to adapt faster to market changes and make better decisions.
  • Building the right data fabric is one of the most important investments any business can make today, as it could be a major differentiator in the future, especially in training AI models.
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