Published on December 20, 2023, 7:30 pm

Digital transformation has become essential for businesses to remain resilient in today’s ever-changing landscape. This transformation has been driven by cloud adoption and the modernization of IT platforms. However, as organizations continue to evolve, they are now turning to Generative AI as a means to fuel further growth and open up new opportunities.

Generative AI, although relatively new, has vast potential applications for businesses. Companies are rapidly integrating AI-driven tools into their daily workflows to save time and increase efficiency. McKinsey estimates that automation powered by Generative AI could potentially accelerate 29.5 percent of working hours within the US economy.

There are two main areas where Generative AI can drive faster development: low/no-code application development and mainframe modernization. As Generative AI and low-code technology merge, businesses can leverage these tools together to unlock numerous opportunities.

Another significant area where Generative AI plays a role is in assisting organizations with the transformation and modernization of their mainframe systems. Despite advancements in technology, many key sectors such as retail, banking, and aviation still heavily rely on mainframes for financial management, customer transaction systems, and running business-critical applications.

However, transforming mainframes poses several challenges due to the complexity of the applications they run. Over time, these applications become outdated, costly to maintain and update, and can lead to operational disruptions. To mitigate these risks, organizations are turning to Generative AI to bolster reliability and efficiency while reducing human error vulnerabilities.

By leveraging AI technologies, engineers can quickly generate code required for application migration exercises while ensuring its quality and creating necessary documentation. Even after migration, AI can assist in generating test cases and adding features to existing legacy systems while evaluating similarities between mainframe functions and migrated functions.

Generative AI also addresses the scarcity of experts in legacy languages like Cobol by enabling a broader range of engineers and coding experts to tackle modernization projects effectively. It equips developers with the necessary knowledge, improving efficiency in resolving issues and maintaining and evolving enterprise systems across various industries.

One example of this innovation is the development of Maia, a Generative AI concept by FPT Software. Maia acts as a co-pilot and co-worker for developers and engineers, providing guidance, automating code documentation, and offering domain know-how. By analyzing complexity within legacy systems, Maia ensures accuracy, generates missing documents, suggests modern architecture during assessment phases, and creates test cases during testing phases.

While embracing AI presents significant benefits, maximizing these opportunities requires extensive expertise. Strategic collaboration with an AI partner is crucial. IT service provider FPT Software has adopted an ecosystem and partnership approach to drive innovation and practical application of AI. They have formed an AI Residency program in collaboration with Mila, a Canadian research institute specializing in machine learning. This program allows resident researchers to work directly with leading academics while participating in real-world projects.

FPT Software also promotes Responsible AI to support sustainable growth, human development, and social progress. Through strategic partnerships with organizations like IBM and Meta, they contribute to the global agenda of ethical and responsible AI.

Furthermore, FPT Software collaborates with visionary partners such as Landing AI and Aitomatic to develop impactful solutions that utilize Generative AI. These partnerships aim to improve quality inspection processes through computer vision technology and provide advanced industrial AI solutions.

Generative AI empowers companies to accelerate their digital transformation while minimizing the risks associated with human error. To harness the full power of AI successfully, a partner-led approach is essential in navigating potential challenges. With the right partner by their side, businesses can achieve remarkable results in this next wave of transformation.

To learn more about how FPT Software’s AI solutions can accelerate your digital transformation journey, explore their offerings today.

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