The Pathway To Gen AI Competitive Advantage
Is Your Data Prepared and Primed to Unlock GenAI’s Next-Generation Business Value?
After a year of delivering mostly marginal efficiency gains, GenAI is on the verge of accelerating functional effectiveness and competitive differentiation. Next year promises to be a landmark leap in GenAI value, but not everyone will be able to reap the benefits.
Through 2026, 30% of GenAI projects will be abandoned after proof of concept due to poor data quality, inadequate risk controls, escalating costs or unclear business value, according to Gartner. Data that is not de-risked and meticulously prepared for AI increases the likelihood of initiatives failing. GenAI value is further diminished when answers to even low-complexity queries are inaccurate, unreliable, biased.
In order to harness the power of GenAI, organizations first have to discover, classify, manage and secure data for GenAI to interrogate. Achieving GenAI’s next-generation business value will depend on organizations shoring up their data supply chain amid an unprecedented data deluge and security and privacy concerns. Will you be among the leaders? Or will you lag behind the competition?
The Business Performance Innovation (BPI) Network and the Growth Officer Council are teaming up with intelligent information management leader EncompaaS to assess the state of data readiness in the rapid evolution of GenAI value creation. We invite your perspectives to this exploratory thought-leadership campaign as we look to highlight new challenges, needs and opportunities that can be unlocked through advances in GenAI implementations.
Sponsors and Partners
The Business Performance Innovation (BPI) Network is a peer-driven thought leadership and professional networking organization reaching some 50,000 heads IT transformation, change management, business re-engineering, process improvement, and strategic planning. It is dedicated to advancing the emerging roles of the Chief Innovation Officer and Innovation Strategist within today’s enterprise. The BPI Network brings together global executives who are champions of change within their organizations through ongoing research, authoritative content and peer-to-peer conversations. These functional area heads (operations, IT, finance, procurement, sales, marketing, product development, etc.) and line-of-business leaders are advocates for Innovation as a fundamental discipline and function within 21st Century organizations. They seek to demonstrate where and how new inventive solutions and approaches can advance business value, gratify customers, ensure sustainability and create competitive advantage for companies worldwide. For more information, visit http://www.bpinetwork.org/
EncompaaS, a global leader in Information Management, empowers highly regulated organisations to rapidly mitigate compliance and privacy risks, while unlocking the full potential of their data. The platform uses next-generation AI technologies to find, enrich, and organize structured, unstructured and semi-structured data into a normalized data quality foundation. This enables automated governance at scale, ensuring information is de-risked, and prepares the highest quality data to fuel upstream processes. Headquartered in Sydney, with offices in the UK and USA, EncompaaS optimizes information on-premises and across multi-cloud environments and is trusted by Fortune 500 corporations, government departments and statutory authorities worldwide. https://encompaas.cloud/