Understanding the Costs of Enterprise Generative AI

18 December 2023

December 18, 2023
Author esimoudis
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Understanding the Costs of Enterprise Generative 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 […]

19 September 2023

September 19, 2023
Author esimoudis
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Succeeding in the Era of Generative 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 […]

17 August 2023

August 17, 2023
Author esimoudis
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How Ford and Rival OEMs Are Pursuing Recurring Revenue from Customer Services

Automakers want to capture a larger percentage of their customers’ lifetime value than they do today. As newcomer automakers, led by Tesla, are already demonstrating, to achieve this goal incumbents will need to offer services that the customer finds relevant. On Monday, Ford announced the creation of the Integrated Services […]

15 August 2023

August 15, 2023
Author esimoudis
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Generative AI Investment Theses

During the last six months, we spent time with our firm’s corporate partners to assess whether the enterprise is ready for generative AI and updated our investment theses accordingly. Our work convinced us that Large Language Models (LLMs)/Foundation Models and applications that incorporate them will open the door to the […]

01 June 2023

June 1, 2023
Author esimoudis
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Ford CMD: The Right Goals Are Set; But Can The Company Execute?

AI, Big Data

Last week I attended Ford’s Capital Markets Day. Ford held the CMD to report on the progress of its three divisions and the goals they will be measured against. This piece focuses on the goals relating to software development and customer experience and their impact on the recurring monetization of […]

08 March 2023

March 8, 2023
Author esimoudis
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Generative AI in New Mobility

AI, Big Data

In the previous post, I discussed AI’s role in new mobility. I identified the three roles AI can play as an enabler, a differentiator, or a monetizer. The recent explosion of interest in generative AI begs the question: could generative AI contribute to new mobility and if so, in which […]

19 January 2023

January 19, 2023
Author esimoudis
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Big Data and AI In New Mobility

AI, Big Data

AI is viewed by many exclusively as a prediction technology. The availability of large, diverse, and information-rich data sets combined with the power of neural networks has been responsible for achieving incredible results even in complex, multi-faceted situations. Every aspect of new mobility has benefited from AI’s prediction power. The […]

11 January 2023

January 11, 2023
Author esimoudis
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Software-Defined Vehicles: Automakers Should Stick to their Plans

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Automakers must address two questions because of the environment they are currently facing. First, will they be able to make the announced Software-Defined Vehicle investments in the timeline they were projecting, or will they need to slow down their investment pace? Second, will they face any negative implications if they […]

27 September 2022

September 27, 2022
Author esimoudis
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Software-Defined Vehicles Need a New Customer Experience

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During the last twenty-five years, the automotive customer journey has become more complex. Incumbent automakers have tried to become more involved in various stages of the customer journey to improve the customer experience and establish a direct relationship with the customer. Software-Defined Vehicles will enable a richer and more personalizable […]

01 March 2022

March 1, 2022
Author esimoudis
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The Benefits and Opportunities of Software-Defined Vehicles

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The automotive industry is investing aggressively in the development of Software-Defined Vehicles. These vehicles greatly facilitate the vehicle’s electrification, optimization and personalization, as well as the attainment of higher levels of driving automation. More broadly, these vehicles change how the industry designs, makes, sells, and services vehicles, and in the […]