[Market Trends] Is data management the secret to generative AI? | IBM Technology
📌 Generative AI: The Key to Competitive Edge
The video discusses the pivotal role of data management in harnessing generative AI (Gen AI) for business innovation. It emphasizes that without data, AI cannot exist, and high-quality data is a competitive advantage. The speakers, Luv Aggarwal and Edward Calvesbert from IBM, delve into how Gen AI can process unstructured data and improve data management, thereby enhancing quality and accessibility. They highlight that the main challenge businesses face is not just accessing the same technology but customizing and integrating Gen AI with their unique enterprise data to drive productivity and competitive edge. The discussion also covers the necessity of good data governance practices, the impact of data silos, and the benefits of a data lakehouse architecture for efficient data management. Lastly, the importance of open source in the evolution of Gen AI technology is mentioned, stressing transparency, security, and community-driven innovation.