generative ai use cases 14

Copilots & Virtual Assistants: Emerging Use Cases, Trends, & Strategies

Generative AI in Customer Experience: The 11 Most Implemented Use Cases

generative ai use cases

Indeed, the GenAI-powered solution first ingests various sources of such feedback – including surveys, conversation transcripts, and online reviews. That will impact many aspects of customer service, and chatbot development offers an excellent early example. It’s allowing users to build applications using natural language alone instead of drag-and-drop tooling. A service team may then have a supervisor or experienced agent assess the knowledge article, edit it, and publish it in the knowledge base to keep a human in the loop.

A contact center virtual assistant can handle these tasks automatically, populating forms with information given by a customer and even completing tasks like scheduling an engineer to visit a client’s home. As such, some virtual assistants can automatically take notes when a customer talks for the agent, so they can keep track of critical topics throughout a discussion. Next, in the early 10s, came the natural language revolution, as contact center vendors built bulky natural language processing (NLP) engines to spot trends in customer conversations. Several cybersecurity firms are using gen AI to enhance tools that look for suspicious or unusual behavior on a customer’s network and computing infrastructure. Several AI experts and users point to marketing support as one of gen AI’s sweet spots. Gen AI can create personalized marketing materials, analyze customer data, and aid with content creation, says Stefan Chekanov, co-founder and CEO of Brosix, provider of a secure instant messenger tool.

Many teams begin with familiar tools like Excel’s What-If Analysis for basic scenario analysis. As needs grow, they transition to more sophisticated solutions like Google AutoML or Azure Machine Learning for automated predictive modeling and stress testing. B2B sales teams especially like to leverage GenAI for lead-gen activities such as building the business’s ideal customer profile. They may then use the tech to determine which companies match it based on location, news, market trends, etc. The same information, when collected for historical analysis, can drive reviews and changes to overall patient care protocols, treatment plans, medications and medical equipment.

generative ai use cases

This shift simplifies service operations and improves both speed and consistency in customer care. Modern AI Agents can now independently manage entire customer interactions, from troubleshooting issues to completing transactions, reducing the need for human intervention while still ensuring complex cases are escalated when necessary. Copilots have played a valuable role in supporting human agents by providing suggestions and retrieving information. As contact centers grow increasingly complex, the conversational knowledge curator will coordinate with teams to update and optimize insights, bridging any knowledge gaps that arise. For instance, Pegasystems has introduced an AI-based ‘intern’ called Iris, who researches various data sources and systems to respond to up to a thousand inbound email requests daily. These agents use the power of generative AI to make sense of a user request and translate it into context and goals, understand what tools it has available, and then generate and execute dynamic plans to reach these objectives.

Building the business case for AI in network operations: A strategic approach (Reader Forum)

Since ChatGPT arrived in late 2022, large language models (LLMs) have continued to raise the bar for what generative AI systems can accomplish. For example, GPT-3.5, which powered ChatGPT, had an accuracy of 85.5% on common sense reasoning data sets, while GPT-4 in 2023 achieved around 95% accuracy on the same data sets. While GPT-3.5 and GPT-4 primarily focused on text processing, GPT-4o — released in May of 2024 — is multi-modal, allowing it to handle text, images, audio and video. From predictive analytics to virtual assistants, Appinventiv’s inventive strategies are reshaping the landscape of healthcare delivery, promoting a more effective and patient-centric ecosystem for both providers and recipients of care. Staying ahead with the latest AI trends in healthcare, we continuously innovate to meet the dynamic needs of the sector.

However, its general knowledge dataset may not reflect truthfulness in specialized domains. Before building, we need to evaluate which foundational model to choose or whether to create a new one from scratch. Therefore, we must first define our expectations and requirements, especially w.r.t. execution time, efficiency, price and quality. Currently, only very few companies decide to build their own foundational models from scratch due to cost and updating efforts. Fine-tuning and retrieval augmented generation are the standard tools to build highly personalized pipelines with traceable internal knowledge that leads to reproducible outputs. In this stage, synthetic benchmarks are the go-to approaches to achieve comparability.

But despite all these external factors businesses must recognize how crucial growth and profit expansion are in the finance world today. Finance leaders must adopt a new approach to financial management that uses the potential of AI technology. But AI is the game changer, with 75% of IT executives reporting that the value generated from gen AI will be redirected toward new investments that promote business innovation and growth. Leaders, as characterized by the report, aren’t looking at tech upgrades as a series of isolated costs, rather they are looking to connect these tech capabilities to a broader business strategy. How leaders choose to adopt AI might be one of the most crucial decisions made by an organization in the near future.

It offers access to over 200 surgical procedure simulations spanning 17 different medical specialties. Overall, generative AI has the potential to revolutionize the field of movement restoration for people with paralysis, leading to significant improvements in patient outcomes and quality of life. The future of generative AI promises greater sophistication and broader application across various fields. We can anticipate refinement in its ability to generate more accurate and contextually-relevant content, as well as better creative and problem-solving capabilities. Generative AI is expected to remarkably impact more industries, but ethical considerations and human oversight will remain indispensable in guiding its development and use. Generative AI speeds up the discovery of new treatments, complementing pharmaceutical research.

Launching several pilots in a short time not only can cost a lot of money but also often leads to a loss of employee productivity, as they struggle to learn how to use the new technology. “Either you didn’t have the right data to be able to do it, the technology wasn’t there yet, or the models just weren’t there,” Wells says of the rash of early pilot failures. Integrate the validated AI model seamlessly with existing healthcare systems used by hospitals or clinics. This might involve ensuring compatibility with Electronic Health Records (EHR) and other relevant tools. The application needs to be scalable to handle large healthcare datasets and institutions’ growing demands, ensuring efficient performance.

In late-2022, Sanofi signed a $1.2 billion deal, commissioning the development and synthesis of small molecules for the pharma giant’s exclusive use. The company collaborates with over 250 life science organizations across the globe, helping them develop novel solutions for more than 600 illnesses. These include cancer, neurological, and cardiological conditions, as well as infectious diseases.

Additionally, AI can predict pest outbreaks, climate shifts and disease spread, empowering farmers to make informed decisions, reduce crop losses and improve yields. One company that profits from its continuous learning GenAI bot is U.K.-based energy supplier Octopus Energy. Its CEO, Greg Jackson, reported that the bot accomplishes the work of 250 people and achieves higher satisfaction rates than human agents. For example, GenAI parses research papers into more intelligible language and summaries, making it easier for clinicians to understand them. GenAI, too, can be powered into chatbots that provide patients with lucid information, diagnoses, procedures and medical instructions. For medical imaging specialists, these large language models (LLMs) are fine-tuned with medical images and reference materials to pinpoint and describe abnormalities in patient images.

generative ai use cases

Finally, the QA team can review, edit, and finalize that scorecard before repeating the process across other channels (and perhaps specific customer intents). Google Cloud’s Generative FAQ for CCAI Insights allows contact centers to upload redacted transcripts to unlock this capability. The tool may also generate conversation highlights, summaries, and a customer satisfaction score to store in the CRM.

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Generative AI in marketing is transforming the martech landscape, offering immense opportunities for both marketers and vendors to enhance efficiency, personalization and growth. IMD’s Digital Strategy, Analytics, and AI program is designed to provide the knowledge and confidence you need to integrate AI into your organization effectively. Generative AI models have made many advancements in recent years, with use cases in several industries. As well as accept the fact that they need to add a new technology layer throughout their organizations.

“We have these complex graphs — for example, the linear regression model. ChatGPT tells me what it is and how it applies to my market,” Grennan said. Marketing-focused GenAI tools, such as Jasper, can translate content into more than 30 languages, helping sales teams broaden their reach. Generative AI is particularly powerful in risk assessment, where it can process vast amounts of data to identify potential risks that might be missed by traditional analysis. Banks and financial institutions are using AI to evaluate creditworthiness by analyzing not just transaction histories, but also spending patterns and broader economic indicators. GenAI is aiding the social media cycle by updating posts in real time based on audience engagement, monitoring social analytics, and spotting hot topics to post about.

  • Let’s explore the various dimensions of generative AI for healthcare, including its wide-ranging applications, benefits, and real-world use cases.
  • It can also generate synthetic data that imitates fraudulent behaviors, assisting in training and fine-tuning detection algorithms.
  • Seamless integration with existing healthcare workflows and systems used by hospitals and clinics is crucial for practical application.
  • Recently published data from Macmillan Learning finds an embedded artificial intelligence tool can improve student learning and that students put up their own guardrails when using the tool.
  • Monitor the performance of the integrated Generative AI application continuously and keep improving based on the feedback received from users.
  • Through our ubiquitous CPU technologies that feature in 99 percent of the world’s smartphones and industry-leading mobile ecosystem, Arm is the company which is enabling these amazing possibilities.

Companies that have access to complete data and use AI to accelerate product development and manufacturing will have what it takes to win the market. Integrating AI and ML into healthcare research is one of the most exciting trends in life sciences. In fact, it’s more than a trend – it’s a true revolution that’s unraveling in front of our eyes. I’d like to begin by looking at some of the most prominent trends in the life sciences and healthcare sector, starting with how researchers are using AI’s generative capabilities. So, stating that the life science industry is experiencing ‘a time of change’ would be a huge understatement. Each passing month seems to bring a new AI-powered breakthrough for healthcare – up to a point where it might be hard to keep up.

She said GenAI — like nearly all AI capabilities in the enterprise — must be trained and tuned to each organization’s unique environment. “GenAI is much better at relating all the different types of past experiences with each other, so it’s able to say, ‘It looks like there’s something wrong here based on all the other zero days we’ve seen,'” she said. One of GenAI’s biggest benefits to enterprise security is its ability to aid with threat detection and response, Frantz and others said. Enterprise teams use GenAI to supplement their skills, boosting their expertise in the process.

Also, the more mature the organization’s AI implementations are, the more optimistic the respondents are about the technology; 62% of those with advanced implementations predict significant future value. Nearly half of the respondents (49%) said data is scattered across multiple repositories, and 45% reported that their existing solutions focus on simple, reactive use cases that don’t tap into AI’s full capabilities. Given the complexity of training and managing a large language model (LLM), 24% are utilizing open source LLMs such as Llama or Google Gemini and developing their own homegrown solutions. Enhancing information and helping people find the right products for their needs, for example, is a typical use case where GenAI can add a lot of value in improving the user experience. We have already had the opportunity to gain experience in several implementations of such GenAI solutions. Enabling data to drive managed services, helps us continuously improve measures and service performance.

generative ai use cases

One example is facial recognition, which can help identify suspects in criminal cases. It can also be used to make logistics decisions, such as analyzing traffic patterns to determine if a stop sign or traffic light is needed in a specific area. Businesses shouldn’t assume that patients know how their data will be used by AI applications, nor should they expect patients to understand the implications of sharing their data. Getting informed consent calls for clear and concise communication with patients, explaining the specifics of how their data will be used and its potential consequences. The long-term goal for the company is to help reinvent the entire drug discovery pipeline. And, if we consider the wide interest from investors and the pharma industry, it appears that they might be on the right track.

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Indeed, leveraged correctly, they can cut long waiting times, track customer sentiment, increase sales, and offer service teams live coaching. Unlock valuable insights from industry experts John Finch and Esther Yoon as they explore the latest trends shaping the future of AI in business communications. By pulling this all together, RingCentral creates an enterprise communications “super-suite”, with workflows running across the platform for differentiative innovation. In the legal arena, legal information services giant LexisNexis is embracing generative AI to keep in front of what EVP and CTO Jeff Reihl sees as a disruptive threat in the company’s industry. “The most promising use cases for enterprise generative AI are those that streamline human-originating tasks with augmentation like content generation, suggestions, and manual task automation,” he says.

” The model will provide an answer because the key information about Goethe’s life and death is in the model’s knowledge base. ” will most likely lead to a heavily hallucinated answer which will seem plausible to inexperienced users. However, we can still evaluate the form and representation of the answers, including style and tone, as well as language capabilities and skills concerning reasoning and logical deduction. Synthetic benchmarks such as ARC, HellaSwag, and MMLU provide comparative metrics for those dimensions.

Medical data summarization and understanding is a specialized use case in the healthcare industry, relying on models trained on the use of medical terms specific to the domain. Examples where the solution makes a high impact is in the summarization of conversations between patients and doctors and between doctors and medical sales representatives. Given the uniqueness of these types of conversations, small language models are well suited to the domain and can make a significant impact. Generative AI is catalyzing a profound transformation within the healthcare industry, heralding a new era of innovation and efficiency. Through its ability to generate synthetic data, predict patient outcomes, and optimize treatment plans, generative AI revolutionizes clinical decision-making processes, leading to more personalized and effective healthcare interventions. From improved diagnostics and treatment personalization to enhanced patient outcomes and system efficiency, this blog will deep dive into all the major Gen AI applications.

Such metrics include customer sentiment, call reasons, automation maturity, and more. When an agent types in a question, it can pop up the answer, so the agent doesn’t have to trawl through articles and documents to find it. Meanwhile, the capability uncovers the characteristics that lead to successful resolutions.

As a dedicated generative AI services company, our experts allow businesses to efficiently manage resources and extract actionable insights from large datasets. This ability allows for more informed decision-making and more effective health management strategies. Mechanisms to incorporate healthcare professionals’ expertise into the model development process can significantly improve the relevance and accuracy of generated outputs. It is always helpful to establish clear guidelines for healthcare professionals’ roles and responsibilities in using AI technologies.

By using AI-powered screening of CT scans, they were able to spot and properly identify pancreatic cancer with an accuracy rate higher than “the average radiologist”. Generative AI in healthcare offers medical professionals access to vast amounts of clinical data, which can be used to draw accurate conclusions for better diagnoses. This technology minimizes the risk of mistakes that can happen due to distractions or physical and mental exhaustion. Western Michigan University
is now using simulations as part of its medical studies curriculum.

A deeper dive into each one can start to answer this question and help organizations better understand the great value that AI can bring to their business. The report, which surveyed 2,000 organizations from around the globe, discovered there was a small subset of organizations (just 15%) that rose above the AI buzz, called Leaders. These Leaders look beyond the AI hype and seek out ways to interject AI in the most pragmatic way possible. One of the many factors that goes into the Leaders success is in part due to the use cases they choose to focus on. The next wave moves beyond generative AI with proactive intelligent agents that work through steps toward a goal.

Virtual Patient Simulation

There are endless opportunities for GenAI efficiencies in vast cases of content validation, improvement or creation for example in online stores, marketing content or customer service. Leah Zitter, Ph.D., is a seasoned writer and researcher on generative AI, drawing on over a decade of experience in emerging technologies to deliver insights on innovation, applications and industry trends. Generative AI improves farming and food production through its ability to customize crop breeds. AI analyzes and simulates vast data sets of genetic combinations, propelling the creation of new plant varieties that are resistant to diseases and pests and tailored to specific climates and environments.

7 lessons from the early days of generative AI – MIT Sloan News

7 lessons from the early days of generative AI.

Posted: Mon, 22 Jul 2024 07:00:00 GMT [source]

That historical data helps businesses spot trends and gain a better understanding of how their products and services are created. Appinventiv is a healthcare software development company that enables startups and enterprises to build comprehensive generative AI solutions that address the complexities of the industry. By combining cutting-edge technology with extensive industry knowledge, Appinventiv develops customized solutions that streamline operations, enrich decision-making processes, and ultimately enhance patient results. A. Generative AI is the latest version of the traditional approach that emphasizes data analysis and pattern recognition. So far, you must understand and visualize the change that AI will bring to your manufacturing arena. So, if you are looking for AI-based IT solutions for manufacturing, Appinventiv is a name to be reckoned with as the top global Generative AI consulting company.

AI-powered healthcare search experience for doctors

Like the chatbot demo, these process and run generative AI workloads entirely on the device, which provides privacy, latency and cost benefits compared to sending the data to the cloud to be processed. Even as gen AI use cases expand at a rapid rate, some experts are already looking towards further developments in artificial intelligence technology, such asagentic AI, as the next stage of deploying AI against security threats. Major reasons enterprises are doing it themselves include building their own internal resource and capabilities, while also building specialized in-house expertise. Other reasons enterprises are not hiring MSPs for GenAI are due to cost considerations, data privacy and security, regulatory compliance and a desire for customization. Approximately 70 percent of enterprises are using ChatGPT for software development activities, while 65 percent are hiring MSPs to drive many of their GenAI initiatives. Aaron Schroeder, director of analytics and insights at contact center IT vendor TTEC Digital, sees some of the same trends.

20 Excellent Use Cases for a Contact Center Virtual Assistant – CX Today

20 Excellent Use Cases for a Contact Center Virtual Assistant.

Posted: Wed, 15 Jan 2025 08:00:00 GMT [source]

Agentic AI transforms this by enabling AI Agents to adapt flexibly to each customer’s situation in real time. In this article, we have looked into advanced testing and quality engineering concepts for generative AI applications, especially those that are more complex than simple chat bots. The introduced PEEL framework is a new approach for scenario-based test that is closer to the implementation level than the generic benchmarks with which we test models.

With low-latency responses and natural, humanlike voices, these interactions feel smooth and personal, increasing customer trust and acceptance of AI-driven service. Previous bot generations, relying on NLU-driven, deterministic approaches, struggled to anticipate customer context or sentiment, often leading to generic, poorly-timed calls that frustrate customers. In doing so, they free supervisors to focus on strategic improvements that ultimately drive better customer experiences. Rather than having supervisors sift through countless transcripts and calls, the AI will detect anomalies in real-time, surfacing issues only when human oversight is truly needed. In doing so, they are drafting customer responses in service, automating lead-gen initiatives in sales, supporting copy generation in marketing, and so much more.

generative ai use cases

The primary goal of generative AI is to create new content, like text, images, music, or other media, based on learned patterns and information from the training data. This AI technology aims to automate the creative processes, produce realistic simulations, and aid in tasks that require content generation. Generative AI enables accurate budget forecasting by analyzing historical financial data, market conditions, and economic indicators. Using these information, GenAI models can design predictive scenarios so businesses can prepare for different financial outcomes. AI-generated forecasts give deeper insights into cash flow, profitability, and spending patterns, minimizing the risks of budgeting errors. With GenAI, marketing teams can quickly write blog posts, social media updates, and product descriptions in bulk.

Also, establish guidelines for explaining AI decisions to healthcare professionals and patients. While we have explored the major advantages and applications of Generative AI in the healthcare sector, it’s crucial to also acknowledge that this transformative technology is not free of its challenges. As reported by prestigious media organizations such as The Hill, OpenAI’s ChatGPT incorrectly diagnosed more than 8 in 10 pediatric case studies. Gen AI in healthcare has immense potential to identify anomalies in patient data, such as unusual patterns or outliers, alerting healthcare providers to providers to potential health issues or irregularities requiring attention. Also, these scalable solutions allow teams to handle growing workloads without hiring additional staff.

Automation is incredibly useful in the contact center, and the development of agentic AI will soon make it much more accessible. This can help supervisors ensure they constantly recognize and reward high performers and offer the right assistance to agents with issues. Such actions can help agents achieve their goals and targets faster, and increase sales and revenue for companies, too. According to one McKinsey report, employees spend around 1.8 hours daily searching for information.

In the same way, they can use smart prompts to help them optimize production processes, reduce waste, make smarter sourcing and sustainability decisions and anticipate trends. GenAI accelerates time to insight for operators, technicians, process engineers and plant managers. For example, at Koch Industries, facility operators use C3 Generative AI to query the system in natural language for comprehensive reports on internal and external operations. Process engineers assess performance and risk across assets, generating detailed insights on critical issues and full traceability to the source. According to Steve Lombardo, former communications and marketing officer at Koch, generative AI has helped the multi-industry company solve previously unsolvable problems at scale. Over the past three years, generative AI has transformed industries by creating new content in text, image, music and video formats.

If you lease property, then you could also automate work on simple requests from residents, like maintenance. Instead of calling the building administrator and forwarding the tenant’s queries, you could have the AI tool forward it directly to the maintenance team. Generative AI, with its algorithms, optimize workflow and resource allocation by smartly analyzing historical data and real-time production insights and metrics. However, this makes it easy for manufacturers to quickly identify bottlenecks and streamline the processes to avoid pitfalls related to production.

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