The future of business processes: Three functions that GenAI will transform

Generative AI (GenAI) is leading a large-scale evolution of business processes across industries. The rapid development of technology use cases makes it critical that organizations invest now or risk being left behind. A recent report showed that 82% of organizations plan to introduce AI agents into their businesses in the next three years. It’s easy to see why. AI agents, particularly GenAI, have enormous potential to accelerate digital transformation processes, from improving operational efficiency to helping omnichannel contact center agents deliver experiences that delight and surprise customers.

Suresh Kumar Bennett

Executive Vice President and Global Head of Business Process Services at Hexaware.

The race towards an AI-driven future

As technology develops, organizations are under increasing pressure to demonstrate to customers and investors that they are at the forefront of innovation. They seek to adopt GenAI to create new value by augmenting traditional business processes with new efficiencies and drive better customer experiences. However, there is a risk in investing in technology for its own sake if you do not embark on your adoption strategies with a clear goal in sight. This is especially true when it comes to GenAI. Two years after the emergence of ChatGPT, we have seen countless use cases explored and developed. The time for experimentation is over.

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