3 weeks ago

How AI is transforming the future of enterprise innovation

How AI is transforming the future of enterprise innovation
How is AI transforming the future of enterprise innovation? EXPLAINED · wionews.com

Smart computer programs called AI are becoming a big part of how companies work.

Before, companies just tried little AI experiments, but now AI is becoming a main tool in their everyday jobs.

AI can now do more than simple tasks—it can plan, think, and carry out complicated work by itself.

People still watch over the AI and make the big decisions.

Companies are using AI in medicine to help with research and in banks to check and organize information.

Leaders say companies win by combining AI with their own special knowledge and data.

AI also helps companies turn new ideas into real products much faster.

Experts believe the companies that use AI best will lead the future of business.

Key facts

Core shift
From simple task automation to autonomous, goal-driven AI systems that reason, plan, and execute complex workflows
Top investment areas
Industry-specific transformation, customer experience, and business process orchestration
Healthcare use cases
Clinical research, AI-powered evidence generation, data hub development, MDM modernization, pharmacovigilance
Financial services use cases
Content generation, MCC (Merchant Category Code) validation, BIAN (Banking Industry Architecture Network) mapping
Emerging trend
Digital workers—AI agents managing end-to-end responsibilities within a function under human oversight
Source of advantage
Combining foundation models with proprietary data, institutional knowledge, and deep domain expertise
Key expert 1
Praveen Ojha, Chief Technologist at EPAM Systems India Pvt. Ltd.
Key expert 2
Mahesh Sharma, SVP of Data & AI Engineering at Bread Financial

Quotes

Mahesh Sharma

SVP of Data & AI Engineering, Bread Financial

“Enterprises are focusing AI investment on a few key areas where it creates the most competitive differentiation: industry-specific transformation, customer experience and business process orchestration. AI is combining reasoning, prediction and content generation with enterprise data to help organisations redesign business models, personalise customer experiences, augment workforce productivity through intelligent automation and create new sources of value through AI-enabled products andervices.”
wionews.com
“The conversation around AI is shifting from experimentation to transformation. Forward-looking organisations no longer view AI as a standalone tool; they are reimagining how work gets done by embedding AI into workflows, customer experiences and innovation cycles to unlock new forms of value creation.”
wionews.com

Sources

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