Process Optimization
How does generative AI excel in document processing?
Generative AI excels in document processing by effectively handling unstructured or semi-structured data and extracting meaning from it. Through retrieval augmented generation, these models can read documents and then answer questions about them, extract specific information, or convert documents into structured formats like JSON. This technology is particularly valuable for tasks such as identifying invoice details and other document elements that previously required manual processing. The approach enables document processing in a far more efficient and rich way compared to traditional methods, unlocking the value of data contained within documents that would otherwise be difficult to access.
Watch clip answer (01:06m)How is India emerging as a solution to aerospace manufacturing challenges?
As Western manufacturers grapple with production caps and labor shortages, India is increasingly being recognized as a reliable, cost-effective solution to global aerospace supply chain challenges. The country's aerospace sector is gaining prominence as it offers manufacturing capabilities that help address the constraints faced by traditional Western producers. India's growing role is further strengthened by a shift in the country's position within global supply chains. This evolution is supported by both industry needs and government initiatives to enhance local manufacturing capabilities, positioning India to potentially increase its market share from 1% to 10% of the global aerospace supply chain by 2033.
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