Power & Precision: Enhancing Operational GenAI with Retrieval-Augmented Generation from Vectara
Blog post from Vectara
A recent MIT Tech Review report highlights the growing investment in AI by CIOs, with 71% planning to develop custom Language Learning Models or other GenAI models. However, many organizations face challenges in implementing GenAI due to a lack of access to live, updated data. Incorta, in partnership with Vectara, addresses this with their Operational GenAI offering, Nexus, which leverages Retrieval-Augmented Generation (RAG) to enhance AI accuracy and contextual understanding by integrating structured and unstructured data. This approach allows organizations to create AI assistants and agents that are grounded in their own data, providing relevant and precise responses. The CFO scenario exemplifies how Incorta Nexus enables real-time, detailed financial analysis, transforming traditionally manual and time-consuming tasks into efficient processes. By utilizing Vectara's advanced search capabilities and Incorta's data integration, the platform offers strategic insights that bolster decision-making and operational efficiency, ultimately supporting enterprise growth and innovation.