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Enterprise Voices on Gen AI: Wolters Kluwer

Feb 21, 2024

Speaker/s

Sandeep Sacheti

EVP, Customer Information Management & Operational Excellence, Wolters Kluwer

Key Points

Gen AI marks the dawn of enterprise-wide adoption, democratizing access to AI and flattening decision-making structures for its implementation. The pressure on enterprise leaders to adopt Gen AI is mounting from all sides, including heightened customer expectations.

HFS Research, in partnership with WNS, brings you Enterprise Voices on Gen AI: A series of conversations with business leaders to understand their enthusiasm and concerns as they grapple with the arrival of Gen AI.

Sandeep Sacheti, EVP - Customer Information Management & Operational Excellence, Wolters Kluwer, shares how Gen AI is “elevating the game completely” for them by allowing their customers to extract more value from existing products. He underscores the importance of replacing deep expertise in programming with deep expertise in maximizing the performance of language models for long-term value creation.

To explore WNS’ Gen AI capabilities, solutions and use cases, click here

FAQs

1. What is enterprise generative AI, and why is it driving enterprise-wide transformation across industries?

Enterprise generative AI refers to the use of generative AI capabilities across business functions, products, workflows, and customer experiences to create measurable value. It is driving enterprise-wide transformation by improving productivity, enabling faster innovation, democratizing AI capabilities, enhancing decision-making, and helping organizations respond more effectively to evolving customer expectations.

2. How is generative AI in enterprise environments changing decision-making, productivity, and customer value creation?

Generative AI in enterprise environments is changing how organizations access information, make decisions, and perform knowledge-intensive work. It can improve employee productivity, accelerate analysis, support faster decisions, and help businesses enhance existing products and services. This creates greater customer value by making solutions more relevant, efficient, accessible, and responsive.

3. What are the key pillars of a successful enterprise AI transformation strategy?

A successful enterprise AI transformation strategy should combine clear business objectives, strong leadership, employee readiness, responsible AI governance, data and technology foundations, and scalable use cases. Organizations should focus on measurable business outcomes rather than technology alone, while continuously developing capabilities that help employees and customers gain sustainable value from AI.

4. What does an effective generative AI adoption strategy look like for organizations seeking long-term business value?

An effective generative AI adoption strategy starts by identifying high-value business and customer opportunities rather than adopting AI simply because of market momentum. Organizations should experiment, measure outcomes, strengthen governance, develop workforce capabilities, and scale successful use cases. This balanced approach helps transform early Gen AI experimentation into sustainable, long-term business value.

5. Why is expertise in language model optimization becoming more important than traditional programming skills in the AI era?

Generative AI in enterprise environments is changing the skills required to build and use technology effectively. As language models perform increasingly complex tasks, organizations need expertise in optimizing model performance, designing effective interactions, evaluating outputs, and applying AI responsibly. The emphasis is therefore shifting toward maximizing the value and capabilities of language models alongside traditional technical skills.

6. What can enterprises learn from Wolters Kluwer’s approach to generative AI adoption and customer value enhancement?

Wolters Kluwer generative AI demonstrates the importance of connecting AI adoption with customer outcomes rather than treating it solely as a technology initiative. Enterprises can learn to use Gen AI to enhance existing products, improve productivity, democratize access to advanced capabilities, and continuously identify opportunities where AI can deliver meaningful and sustainable customer value.