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MAXIMISING THE BENEFITS OF AUTOMATION: HOW TO DEPLOY PRODUCTIVITY GAINS Introduction Automation / Artificial Intelligence is reshaping the way organisations operate, driving efficiency and freeing up valuable time. But the question remains – how best can we utilise these newfound productivity gains? Here are some possibilities to consider. Giving Time Back to Employees: Consider returning the time saved through automation to

REVIEWING OPENAI’S DEVDAY: THE DAWN OF A NEW AI ERA   Summary of Updates From OpenAI’s DevDay OpenAI’s DevDay event introduced GPT-4 Turbo, a robust model for comprehensive text and image processing that promises cost-efficiency for businesses. This innovation is set to enhance the way companies handle content and data analysis. The new custom GPT feature allows businesses to create

TOP 10 GENERATIVE AI APPLICATIONS TRANSFORMING PROCUREMENT AND SOURCING EFFICIENCY Introduction: In today’s fast-paced procurement and sourcing landscape, professionals are confronted with navigating economic inflation and stringent sustainability targets like the 2050 Net-Zero goal. Strategic cost management and responsible sourcing have become essential. The prevalence of operational inefficiencies, particularly the burden of administrative tasks, demands a more efficient approach. Enter

BLENDING CHATBOTS WITH LARGE LANGUAGE MODELS: A GUIDE TO ARCHITECTURAL CHOICES The launch of Chat GPT by OpenAI has created excitement in many organisations, offering glimpses into the vast possibilities of chatbots for answering common questions. It’s tempting to assume that one can simply direct a Large Language Model (LLM) to a comprehensive knowledge base. However, this approach can risk