But generative AI can be a game changer in accelerating transformation for industries, especially in terms of recognizing patterns, analyzing huge datasets at impressive speeds and providing immediate insights.
A good example is MEO Portugal, one of the country’s largest telco services providers, which recognized the potential of generative AI to reduce the number of hours and amount of effort it takes to manage compliance. Saving time in analyzing and responding to regulatory requests would enable its legal teams to focus their attention on more complex legal work.
In collaboration with MEO, DXC developed an AI assistant with ChatGPT capabilities. The generative AI solution, first created as a proof-of-concept, simplifies the process of regulatory compliance by automatically sourcing regulatory response information from legal documents into a standardized format. Using a controlled, private document repository, the tool ensures maximum data security and confidentiality.