Enterprise IT Shops More Likely To Buy GenAI Than Build It
Search Enterprise AI, Tuesday, November 14,2023
GenAI power requirements, the cost of computing and storage, and the high salaries demanded by AI specialists make it unlikely enterprises will take a do-it-yourself approach.
Cloud providers and software makers will play an important role in enterprise adoption of generative AI as customers use their products and services to embed the potentially transformative technology into operations.
Experts agree that enterprises will find it much more cost-effective to use GenAI services rather than build the capabilities themselves. What makes a do-it-yourself approach unlikely are the power requirements of running the LLMs underpinning GenAI; the cost of necessary computing and storage resources; and the high salaries demanded by data scientists, AI developers and system architects.