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  What can you do with generative AI? You can solve math problems, create images, write stories, and whatnot. All with a short description in your own natural language. For individuals who want to learn and create, there are endless ways to use this artificial intelligence technology. What about enterprises? Previously, we have discussed how businesses can use  Generative AI in Cognitive Search . Today, let’s discuss how technology empowers intelligent document processing (IDP). Generative AI + IDP Unstructured data is a big challenge for businesses across industries. For example, the insurance industry handles a significant amount of unstructured data, comprising about  80% of the total . Insurance firms currently utilize less than 3% of this data for decision-making, which is alarming considering the industry’s size. Generative AI-powered Intelligent document processing offers a solution by efficiently processing unstructured data, resulting in improved customer satisfa...

  Microsoft has integrated ChatGPT with Bing for an enhanced search experience. Can you also build a ChatGPT-like search engine for your business so your employees can interact with your data? Yes, you can, by integrating enterprise-grade   generative AI   with cognitive search. Before exploring how, for the uninitiated, let’s discuss cognitive search and the challenges it solves for businesses What is cognitive search? Enterprise data is vast. Studies estimated enterprise data to be  over two petabytes in 2022 , with an average annual growth of 42 percent. This data is historical and real-time, coming from consumers, employees, and machines. It is structured and unstructured, across systems located in the cloud or on-premises. Enterprises are producing more and more data. Data sitting idly in the servers doesn’t serve its purpose. Data must be accessible for you at the right time. However, traditional search mechanisms fall flat here. They face several challenges in...

  This year’s significant breakthrough in technology space can be represented by only two letters- A and I. Microsoft recognizes the complexity, evolution, and excitement that accompanies this transformative journey in the way we work, connect and collaborate. Thus, it is not unexpected that artificial intelligence will serve as a common thread weaving through the fabric of innovation at this year’s   Microsoft Build 2023, the tech giant’s esteemed annual event   for developers. 2023 started with an ‘AI’ bang We witnessed some rapid growth in the tech space, marked by several noteworthy milestones. Microsoft’s announcements during the start of this year have already conferred 2023 as a landmark year for the tech industry. Partnering with OpenAI, which aims to accelerate breakthroughs in AI and democratization of its benefits with the world, to unveil an entirely new Bing search engine and Edge browser, both powered by AI, already set the pace at the start of the year. The...

  Microsoft uncovered a wide range of new capabilities for its Power Platform at its   Build 2023 conference . These features are aimed at disrupting app creation and empowering professional and   citizen developers   with   low-code tools . The company claims that because low-code solutions enable rapid and cost-effective application development while bringing down the complexity involved with traditional software development, professional developers are increasingly embracing them. Optimizing on the trend, Microsoft believes that developers can increase their productivity and accelerate the process of developing solutions with the new upgrades to its all-inclusive low-code Power Platform. Power Platform presents developers with tools to build unique tailored applications, automate workflows, and effectively manage information throughout their organizations. Latest feature: Low-code + cutting-edge AI The most recent updates from Microsoft Build 2023 include...