The race to the AI-powered enterprise is on, but most organizations are still trying to figure out where to start. Now, the Unqork Enterprise App Cloud provides a powerful, scalable, and future-proof way forward.
Besides accelerating development of AI-enabled apps, Unqork addresses critical underlying challenges like security and compliance, so businesses can innovate without taking on the burden of maintenance and tech debt.
Ready or not, AI-enabled applications are coming, and their impact is going to be enormous. Goldman Sachs analysts predict that AI tools alone could add $7 trillion in net-new economic value annually. With so much to gain, the vast majority of C-suite leaders—85%, according to Accenture—want to increase their AI investments.
Under competing pressures to both innovate and reduce costs, business and tech leaders cannot afford a wait-and-see approach, especially since the gap in performance between digital leaders and laggards is already huge. The CAGR of digital leaders averages 6X that of laggards, according to McKinsey, and AI is only widening that gap. “Over the past three years, the spread in digital and AI maturity between leaders and laggards has increased by 60%,” McKinsey analysts wrote in early 2024.
Yet, so far, only 9% of companies have adopted AI technology in a significant way, MIT researchers have found. Because the technology is both so powerful and so new, the list of concerns of business and tech leaders is long and keeps growing. AI technologies, along with their potential use cases and regulatory requirements, are evolving so quickly that leaders are understandably hesitant to make major investments, despite the potential of outsized returns.
Over the past three years, the spread in digital and AI maturity between leaders and laggards has increased by 60%.
McKinsey Digital, 2024
First of all, let’s address one misconception that can still stall discussions about implementing AI. Not that long ago, AI initiatives required large teams of vanishingly scarce data analysts and data scientists. They had to build bespoke AI models and do the hard and complex work of managing enormous datasets, data warehouses, underlying hardware, etc. And they still needed highly skilled developers to write code in order to integrate the AI models into enterprise applications–code that then had to be continuously managed, upgraded, and secured.
This is no longer the case. Now, businesses can leverage prebuilt AI models designed to solve for very specific use cases. They can even work with trusted partners like Google’s Vertex AI or Amazon’s Bedrock, which allow customers to deploy and easily manage a variety of AI models through a managed service on their own infrastructure. However, leaders still face a number of challenges when it comes to integrating those AI models within applications, including:
With deep and wide experience in some of the world’s most highly regulated industries, the Unqork Enterprise App Cloud lets you create, secure, and manage enterprise applications in the cloud and unleash the power of AI. Unqork is uniquely able to solve the core challenges that are holding enterprises back from leveraging the game-changing power of AI within their applications.
Historically, low-code/no-code and other SaaS providers have created “moats” that lock in customer IP and data. Unqork’s approach is completely different. With an open architecture built on standardized web technologies, you never have to rip-and-replace your existing ecosystem. You can easily integrate with third-party solutions, legacy tools, AI solutions, and virtually any emerging technology–all with zero code.
In fact, Unqork has gone one step further by becoming the first full-stack enterprise development platform to make its platform spec available as open source. That means customers and partners can create innovative components designed to interact with Unqork’s platform.
Finally, Unqork’s unique architecture means we can handle all application upgrades and maintenance on an ongoing basis, because your apps are pure configurations. We take care of the underlying code and infrastructure. In other words, you finally get to focus on innovation and gain a truly scalable, future-proof path to the AI-powered enterprise.
The Unqork Enterprise App Cloud enables you to build complex, mission-critical apps 3X faster, all with a 100% drag-and-drop visual designer. Unqork also provides business accelerators targeted at specific use cases. And Unqork makes it easy to connect to third-party applications, databases, on-premise systems, and cloud data into Unqork–and quickly can scale those integrations across the company.
In addition to these capabilities, Unqork’s GenAI Connector streamlines the process of integrating and configuring a connection to a third-party GenAI tool within an application. With the GenAI connector, organizations can:
By accelerating development and taking on the burden of managing applications across their lifecycle, Unqork minimizes risk and democratizes the adoption of AI, while providing a scalable path to unleashing it across the organization.
Ideally, all of an organization’s data resides within a single-tenant environment, and it never leaves its own ecosystem. However, AI depends on data for its power, including proprietary data for many use cases.
To secure both proprietary data and the output of AI that draws on that data, businesses can partner with vendors that keep both data and AI solutions in a single-tenancy cloud environment. Or they can go one step further and leverage an open sourced LLM that enables firms to copy the model and run it entirely on their own proprietary systems.
However, businesses still need to secure outputs of any AI integration as they move to other systems and are served up to customers. The Unqork Enterprise App Cloud provides a powerful way to securely leverage AI across the entire software development lifecycle (SDLC), all from one central location. As a result, enterprises can:
Imagine that a regulator asks you to show the exact output from an AI integration at a specific point in time or that you need to review an interaction a customer had with your AI chatbot. Without native data lineage capabilities in place, organizations could face a long and costly process involving third-party consultants.
The Unqork Enterprise App Cloud enables peace of mind with native support for data lineage of AI outputs. With Unqork, you can go back to any point in time and see what data outputs were generated or modified by the integrated AI tool and what user or customer interacted with the data in that moment.
In 2023, less than 5% of enterprises used GenAI-enabled applications in production environments. That number is expected to skyrocket to more than 80% by 2026, according to Gartner. And Unqork is in a unique position to help enterprises unleash AI in the context of very tangible, impactful use cases across their organizations.
Instead of endless debate about AI’s possibilities, Unqork customers can quickly deploy AI solutions with a clear, measurable, and easily achievable objective, rather than tackling AI for its own sake. And for the vast majority of businesses, it’s not the most powerful or creative AI use case that will win the race, but solutions that are straightforward and user-friendly. Examples include:
Instead of endless debate about AI’s possibilities, Unqork customers can quickly deploy AI solutions with a clear, measurable, and easily achievable objective.
McKinsey Digital, 2024
Google’s Gemini + Unqork: AI-powered client-facing advisor interactions
It has traditionally taken financial advisors significant time and effort to prepare for client meetings. They need to gather details about clients, their accounts, and performance of those accounts from across multiple CRM systems and market feeds.
By leveraging Gemini together with Unqork, wealth management firms can automatically provide advisors with intelligent client and portfolio summaries, meeting background, and cross-sell opportunities. As a result, a process that requires hours of the financial advisor’s time and effort is complete in a matter of minutes.
Intelligent Document Processing (IDP) + Unqork: Intelligent data extraction and document processing
Many enterprises still rely heavily on manual document capture and data extraction to drive their most sensitive processes. You can change the game by combining IDPs with AI-powered intelligent data extraction and document processing with the Unqork Enterprise App Cloud. Together, they enable highly regulated organizations torapidly build and effectively power complex data workflows and seamless experiences for their customers and employees. Use cases include:
From accelerating time to value to providing a sustainable approach to security and compliance, Unqork is uniquely positioned to support the AI-enabled enterprise in a time of rapid technological and regulatory change.
To learn more about what your organization can achieve, reach out here.