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Tata Consultancy Services (TCS) has introduced TCS AI WisdomNext, an innovative platform integrating multiple Generative Artificial Intelligence (GenAI) services into a unified interface.
This platform aids organizations in rapidly adopting advanced technologies, reducing costs, and ensuring regulatory compliance. By facilitating real-time experimentation with various foundational models from vendors, internal sources, and open-source libraries, WisdomNext overcomes the challenges businesses face in selecting and implementing AI solutions.
The platform addresses the difficulties solution designers encounter in choosing the appropriate foundational models, which vary in usage, cost, and effectiveness. TCS' AI for Business Study highlighted that while executives recognize AI's potential, they often need help with the implementation process. WisdomNext assists businesses in selecting suitable models and designing new solutions with reusable components, thus accelerating development.
Siva Ganesan, Head of the AI.Cloud Unit at TCS emphasized that WisdomNext enables clients to leverage GenAI for enhanced data utilization, innovation, efficiency, and competitive advantage. Initial trials have shown significant benefits, such as improving sales processes for a US outdoor advertising firm, enhancing productivity for an American insurance provider, and creating a smart mortgage assistant for a UK bank.
Key features of TCS AI WisdomNext include:
Scott Kessler, CIO of Northeast Shared Services, praised the platform for its comprehensive approach, enhancing data integration and insights, thereby boosting efficiency, innovation, and customer focus in their grocery organization. Overall, WisdomNext offers a comprehensive solution for businesses to harness GenAI effectively, transforming their operations and delivering measurable outcomes.
Source: Tata Consultancy Services
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