Transforming ERP Systems Using Generative AI

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Transforming ERP Systems Using Generative AI
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• ERP systems have evolved tremendously over recent
  years, incorporating new technologies to help
  businesses efficiently run their operations with
  minimal complexities. Since the emergence of the
  fourth industrial revolution, businesses have
  embraced next-gen technologies to future-proof
  their ERP systems. Besides, it has become
  increasingly important to keep pace with the
  rapidly evolving technology landscape to sustain
  the cut-throat market competition.
• The modern-day ERP systems are equipped with
  cutting-edge technologies like IoT, cloud,
  artificial intelligence, blockchain, and RPA.
  That being said, artificial intelligence, in
  particular, has made a significant impact across
  the global ERP landscape.
• In this blog post, we shall explore the
  significance of generative AI for enterprise
  resource planning and learn how it is going to
  revolutionize the ERP industry.
• https//erpsolutions.oodles.io/blog/transforming-e
  rp-systems-using-generative-ai/

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• What Is Generative AI?
• Generative AI is a subset of artificial
  intelligence that has gained momentum for its
  ability to autonomously create, design, and
  optimize data-driven solutions. It focuses on
  generating novel content or data which is
  entirely unique and not explicitly sourced from
  the input data on which it was trained. Unlike
  other forms of AI, generative AI uses
  probabilistic frameworks, neural networks, and
  various algorithms to learn patterns and
  structures within the data they are trained on.
  Furthermore, this learned information is used to
  generate fresh content.
• The content produced using generative AI models
  is similar to the training data but possesses
  unique characteristics, making it original and
  plagiarism-free. An apt example of generative AI
  is ChatGPT, an AI chatbot developed by openAI
  that follows users instructions and provides
  detailed responses in the text format.