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Retrieval-augmented generation (RAG) is gaining traction, and for good reason. As businesses and AI experts search for more intelligent ways to process information, RAG combines the best of both worlds, i.e., the vast knowledge of retrieval systems and the creative power of generation models. But what exactly is RAG, and why is everyone talking about it?

What do you think of when you think of generative AI? Generating photos, animations, and videos? Coding and solving math problems? Writing content and brainstorming with a chatbot? These have all driven plenty of excitement around AI, but there’s so much more to it than that! From an enterprise perspective, Generative AI’s impact on intelligent document processing technology is remarkable.

Every business handles numerous document types—contracts, purchase orders, reports, invoices—you name it. And the thing about documents? They never look the same. One day, you’ve got a well-organized PDF with neatly labeled sections, making it easy to find what you need. The next, you’re stuck with a document that’s all over the place—random tables, text scattered everywhere, or even a scanned image that doesn’t fit the mold.

Every device, transaction, and interaction in our digital world generates an endless stream of data. By 2025, the amount of global data is expected to reach a mind-boggling 180 zettabytes. So, how do we extract and make sense of this growing data? That’s exactly where generative AI proves its value. This blog explains generative AI applications for document extraction and how this technology helps cut through the noise and zero in on exactly what you need.

Retrieval Augmented Generation (RAG) is an intelligent assistant that helps you find exactly what you’re looking for in a pile of medical records. Like an X-ray shows you hidden details inside the body, RAG helps you quickly extract precise information from complex data. RAG provides instant, accurate answers—often visualized in charts or summaries that require analysts to produce manually. RAG combines two AI capabilities—retrieval systems and generative models.

Let’s say you’re leading a company that receives thousands of documents daily. These documents come in various formats like Excel, PDFs, CSVs, and more. And they differ in terms of layout. Before you can analyze the data, your team spends hours sorting, cleaning, and preparing these documents. Most of their time is spent preparing the documents for integration into business systems. Then, a colleague shares how intelligent document processing helped him save time and boost productivity.

Pharmaceutical industry leaders are adopting new artificial intelligence (AI) technologies and increasing process efficiency. The Infosys report on AI adoption shows that pharmaceuticals are among the most mature industries in Al adoption. In the same report, 40 percent of the respondents claimed their organizations had deployed Al and that it was working as expected. AI-powered features help them manage massive volumes of pharmaceutical data with great accuracy and speed.

Banking automation has become a key driver of efficiency and innovation in the financial services industry. As the banking sector strives to meet the demands of customers while managing costs, they’re turning to technology to streamline operations. But what exactly is banking automation, and how does it work? Let’s break it down. Banking automation refers to the use of technology by financial institutions to perform tasks that would traditionally require human intervention.

AI has entered many aspects of data integration, including data mapping. AI data mapping involves smart identification and mapping of data from one place to another. Sometimes, creating data pipelines manually can be important. The process might require complex transformations between the source and target schemas while setting up custom mappings.

Companies use a wide range of both artificial intelligence (AI) and automation tools, and each automation tool serves a different purpose, often working together to boost efficiency. In this blog, we’ll explore the differences between AI and automation, how they can complement each other through intelligent automation, and five real-world examples of how they work together. We’ll also highlight the benefits of using AI in business process automation.