Generative AI is a rapidly evolving field, with companies seeking to determine the real business value of their prototypes. The Generative AI Center of Excellence (CoE) at AWS offers assets to help partners understand the business opportunities in various sectors, such as Precision LLM for Biomedical Engineering and Generative AI for retail and e-commerce. The CoE works with QuantumBlackMcKinsey AI to provide insights into the unique needs of different organizational units, including operations, R&D, revenue, and marketing leaders.
Revenue leaders can benefit from generative AI, with the potential to increase sales productivity by 3 to 5 percent. Marketing leaders could see an increase in productivity of 5 to 15 percent, while R&D leaders could enhance their value chain with 10 to 15 percent productivity gains. Operations leaders stand to gain significant value from generative AI, estimated at $280 to $530 billion across industries. To engage these leaders effectively, it’s essential to understand their specific needs, such as growth goals, focus metrics, and data accuracy.
Generative AI applications on AWS offer a range of tools and resources to address the diverse requirements of decision-makers. From understanding the entire generative AI stack to designing purpose-built applications and custom models, AWS enables customers to build and implement generative AI solutions efficiently. By leveraging AWS’s generative AI tools, data structures, and purpose-built chips, organizations can accelerate the development and deployment of generative AI applications.
Amazon Bedrock simplifies the process of bringing generative AI applications to production by providing access to pre-existing data, best-fit models, and security measures. Additionally, Amazon Q offers a range of products tailored to different use cases, helping developers streamline their coding and decision-making processes. Thought leadership articles from AWS partners, such as Provectus and SoftwareOne, provide valuable insights into leveraging generative AI for specific industries and guiding applications from proof of concept to production.
In conclusion, the Generative AI Center of Excellence at AWS serves as a valuable resource for organizations seeking to build and execute their generative AI strategies effectively. By utilizing the available assets and expertise, partners can navigate the complexities of generative AI and drive tangible business value across various sectors.
Article Source
https://aws.amazon.com/blogs/apn/delivering-business-value-through-generative-ai-use-cases-and-insights-for-cxos/