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Dr. Fei Yu Xu | Generative AI for Industries | Rise of AI Conference 2023
Discover how generative AI is revolutionizing industries, automating business processes, and empowering companies like SAP to become sustainable, intelligent, and networked enterprises.
- Generative AI can be used to create test scripts and code documentation, as well as support employee HR queries.
- The Hamburg Port Authority is an example of a company using generative AI to automate its business processes.
- SAP is a pioneer in European Union AI development and has defined AI guiding principles and a global AI ethics policy.
- The company has a broad portfolio of business applications and is committed to supporting every customer to become a networked, intelligent, and sustainable enterprise.
- Artificial intelligence is part of the product and is needed for manufacturing companies, creative industries, and others.
- Generative AI can help companies with sustainability, supply chain resilience, and product development.
- Europe must not miss the paradigm shift in AI development, and SAP is committed to its European large language model initiative.
- Design-to-operate and infusing structured data into language models are important concepts in AI development.
- SAP is partnering with other companies to embed foundational models into business applications and is focused on building AI into its business applications.
- The company is also engaging in ethical AI development and has established its own ethical AI guidelines in 2018.
- Generative AI has disrupted the AI conversation and is making it exciting for companies like SAP to adopt it.
- The company is committed to upskilling teams and staff to work with generative AI and is leveraging large language models to improve its portfolio of business applications.
- SAP is also working on adaptability and innovation, including infusing structured data into language models to enable prediction and planning.
- The company is using generative AI to simplify business processes and enable low-touch, no-touch applications.