The Struggles Enterprises Face with Generative AI

Big Data
A few days ago I attended the strategy meeting of a portfolio company. Like all of our Synapse Partners portfolio companies, this one provides AI solutions to enterprise customers. Their initial success is in the medical devices industry. While reviewing the company’s sales pipeline and the progress of delivering the […]
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Crossing the Enterprise Generative AI Chasm

AI
AI solution providers and infrastructure providers committed to spend $1T on AI-related capex over the next few years, in anticipation of high demand for and heavy use of generative AI enterprise solutions. A few years ago, the automotive industry committed similar scale investments toward the development and deployment of battery […]
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Where Are We With Enterprise Generative AI?

AI
Despite the noise from high-tech corporations, startups, venture investors, and analysts, we are still in a very early phase of generative AI. As a result, it is hard to assume, let alone declare, that generative AI will transform every business process driving operational efficiencies, create new revenue streams, result in […]
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  • 06 February 2024
    February 6, 2024
  • Author esimoudis
  • Comments 0
  • Views 1855
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Enterprises Finding Value With Generative AI

AI
Enterprises use several different technologies, including AI, to automate their processes and create value. They are currently experimenting with generative AI to determine whether it can provide significant and enduring value. Is the enterprise’s excitement about generative AI justified? Is the size of the investments being made and planned warranted? […]
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  • 18 December 2023
    December 18, 2023
  • Author esimoudis
  • Comments 0
  • Views 2019
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Understanding the Costs of Enterprise Generative AI

AI
We are still in the early phase of enterprises adopting generative AI. However, even at this early point enterprises must understand the costs associated with the use of Large Language Models (LLMs) as they embark on developing generative AI applications. These costs can become significant. The goal of this post […]
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  • 19 September 2023
    September 19, 2023
  • Author esimoudis
  • Comments 0
  • Views 2016
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Succeeding in the Era of Generative AI

AI
As with every previous AI era, the benefits promised to the enterprise from the application of generative AI will likely be lower than those that will be achieved. To succeed, enterprises must avoid the pitfalls of the previous AI eras. Over my 40-year career in enterprise AI, I understood the […]
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