article thumbnail

Open source large language models: Benefits, risks and types

IBM Services

There are two types of these generative AI models: proprietary large language models and open source large language models. On the other hand, open source LLMs are free and available for anyone to access, use for any purpose, modify and distribute. What are the benefits of open source LLMs?

article thumbnail

Five open-source AI tools to know

IBM Services

Open-source artificial intelligence (AI) refers to AI technologies where the source code is freely available for anyone to use, modify and distribute. Open-source AI projects and libraries, freely available on platforms like GitHub, fuel digital innovation in industries like healthcare, finance and education.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

4 strategic sourcing use cases to strengthen your supply chain

IBM Services

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. And from that group, 71% would pay a premium for it.

article thumbnail

IBM watsonx.ai: Open source, pre-trained foundation models make AI and automation easier than ever before

IBM Business Partners

Sometimes the problem with artificial intelligence (AI) and automation is that they are too labor intensive. But that’s all changing thanks to pre-trained, open source foundation models. Next, we’re training the models, bringing together best-in-class innovations from the open community and those developed by IBM Research.

article thumbnail

New Multi-Process Human Resources Outsourcing (MPHRO) Vendor Research Reveals Organizations Are Not Fully Using Digital Capabilities

The Hackett Group

Three factors are driving value from MPHRO vendors: increased innovation and adoption of digital HR solutions; ease of integrating third-party solutions into human capital management platforms; and a cultural shift toward artificial intelligence (AI) and intelligent automation. Any such reliance shall be solely at the buyer’s risk.

article thumbnail

Real-time transaction data analysis with IBM Event Automation

IBM Services

In a survey run by IDC, a leading provider of global IT research and advice, 43% of technology leaders indicated that they were “planning to deliver innovative digital products and services at a faster pace.” Those events can then be consumed and processed to help inform smarter decisions and trigger automations.

article thumbnail

Intelligent Process Automation (IPA) Solutions PEAK Matrix® Assessment 2024

Everest Group

Intelligent Process Automation (IPA) Solutions Companies aiming to maintain competitiveness and strength recognize the importance of transitioning to a digital-first business model. Manual processes present numerous challenges, prompting enterprises to seek superior alternatives in digital, automated, and intelligent business practices.