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The LeaderNext Prelude: Navigating the Power of Generative AI

The LeaderNext Prelude: Navigating the Power of Generative AI

Digital transformation has emerged as the driving force propelling the ICT sector forward, and IT and digital executives are at the forefront of this revolutionary movement. These executives are distinguished by their unwavering commitment to innovation and their ability to harness emerging technologies in a way that aligns with the strategic vision of their organizations, leading to optimal business outcomes. LeaderNext is a prestigious event that honors these stalwarts.

“The LeaderNext Prelude”, conceptualized and curated by CORE Media, in association with Google Cloud, was conceived as a primer for what lies ahead. It focused on enlightening discussions about the rising star in the technology arena: Generative AI. The prelude centered on the capabilities of GenAI, especially how it empowers the enterprises, culminating in a live demonstration by Google Cloud India’s expert team.

In a riveting fire chat, Anoop Mathur, Founder of CORE Media, and Vaibhav Gawde, Head of Customer Engineering, Financial Services, Google Cloud India, explored Google Cloud India’s viewpoint on the Indian tech landscape. The duo delved deep into the profound impact of GenAI, emphasizing its potential in crafting real-world solutions that have left an indelible mark on the market.

Below are top three takeaways from the session:

  1. With a mobile penetration rate of 78%, India undeniably holds a significant position in the digital domain. With 10 billion UPI transactions every month and nine formidable products, including Gmail, YouTube, and Google Maps, Google Cloud aims to cater to this vast demographic.
  2. By expanding its reach in India, Google Cloud aspires to empower Indian enterprises and consumers to take advantage of the digital revolution and cutting-edge technologies. Generative AI can autonomously generate multi-format content and through its integration, Google Cloud aims to optimize every digital transaction for improved user interaction.
  3. Given GenAI’s potential to substantially benefit ICT enterprises, CIOs and digital leaders are committed to adopting solutions that seamlessly integrate with prevailing systems, maintain compliance and quality assurance norms, and enhance data security and service reliability.

Keerthi Ganapathy, Custom Engineering Manager, Google Cloud India, highlighted how AI is central to Google Cloud’s mission, with GenAI driving solutions that cater to both individual consumers and large enterprises. A live demonstration was presented to showcase the potential of Generative AI in optimizing digital transactions.

Below are top takeaways from the session:

  1. Dedicated platforms such as Vertex AI and Duet AI are meticulously crafted to assist enterprises in the seamless integration of Generative AI. Vertex AI serves as a comprehensive platform for creating and managing machine learning models, while Duet AI simplifies the consumption and application of GenAI solutions.
  2. The “GenAI for Insurance Enterprises” demonstration showcased GenAI’s proficiency in enabling personalized insurance solutions, streamlined communication, and adept document handling.
  3. GenAI stands out due to its comprehensive platform and infrastructure, foundational models, the ability to fine-tune data through augmentation, and its adept search and conversation functionalities. Google Cloud emphasized both Enterprise Readiness and Responsible AI, striving to empower enterprises to cater to a billion concurrent users by harnessing their adaptive technology.

LeaderNext Prelude is a precursor to the upcoming main event LeaderNext 2023 in November.

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