Cost, Security, And Flexibility: The Business Case For Open Source Gen AI
CIO, Wednesday, December 11th, 2024
Commercial generative AI platforms like OpenAI and Anthropic get all the attention, but open source alternatives can offer cost benefits, security, and flexibility.
Travel and expense management company Emburse saw multiple opportunities where it could benefit from gen AI. It could be used to improve the experience for individual users, for example, with smarter analysis of receipts, or help corporate clients by spotting instances of fraud.
Take for example the simple job of reading a receipt and accurately classifying the expenses. Since receipts can look very different, this can be tricky to do automatically. To solve the problem, the company turned to gen AI and decided to use both commercial and open source models.