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How Agentic AI Became the Newest Form of Business Investment
- Agentic AI is revolutionizing the world of autonomous business investment by streamlining workflows, boosting productivity, and ensuring compliance, thus making it more valuable for regulated industries.
- AI was highlighted as the top priority for businesses according to Endava’s Emerging Tech Unpacked Report in 2024, particularly agentic AI or multi-agent AI systems that offer scalability without needing the level of human intervention that traditional AI requires.
- Adoption of AI systems requires a solid data-based foundation to support integration and adoption. Companies' outdated systems relying on software with severe security vulnerabilities may struggle to integrate AI systems successfully into their operations.
- The highest value AI brings is its ability to act autonomously, taking over tasks previously handled by humans, raising efficiency, and allowing humans to focus on higher-level creativity and analysis.
- Agentic AI involves agents assigned roles and data to perform their tasks and can adapt to changes in data or processes. They can also seek guidance from human staff if unsure of anything in their tasks.
- Adoption of agentic AI is beneficial to highly regulated industries, such as finance or health, as it streamlines processes, saves time and money, and ensures compliance without compromising data privacy.
- By adopting a data-first approach, companies can achieve AI transformation in their business operations without compromising their regulatory compliance and security of customer data.
- Agentic AI has the potential to transform business operations entirely and empower employees by eliminating menial and administrative tasks, thus allowing them to focus on valuable and creative work.
- Overall, agentic AI holds promise for businesses of all scales to automate processes, save resources, and scale at speed, leading to revenue growth, innovation, and talent.
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