Highlights:
- A recent report from Fortune Business Insights estimated the global generative AI market size was valued at USD 43 billion in 2023 and predicts that it will rise to USD 968 billion by 2032.
- MAAP leverages partnerships with top-tier cloud infrastructure and AI model hosting providers, such as Anthropic PBC, Anyscale Inc., AWS, Cohere Inc., Google Cloud, and Microsoft Azure.
MongoDB Inc., a cloud database provider, recently unveiled a program to assist organizations in swiftly developing and deploying modern applications at an enterprise scale, leveraging generative artificial intelligence technology. MongoDB’s AI applications initiative is in partnership with advisory services, professional assistance, and comprehensive technology stacks for hosting.
The company’s newly launched initiative, the MongoDB AI Applications Program, is positioned as a comprehensive solution. It serves as a “one-stop shop” for enterprises seeking to integrate generative AI into their applications quickly and efficiently. Given the rapid adoption of the technology and its inherent complexity in development and deployment, there is an increasing necessity to find ways to streamline the transition process.
“We’ve seen tremendous enthusiasm for generative AI among our customers, from agile startups to established global enterprises,” said Alan Chhabra, Executive Vice President of Worldwide Partners at MongoDB. “These organizations leverage MongoDB’s cutting-edge technology and comprehensive services to transform innovative concepts into real-world applications. However, some are still navigating how best to integrate generative AI to solve the right business problems.”
Gartner Inc. forecasts that by 2026, over 80% of enterprise businesses will implement generative AI applications in production environments, a significant increase from just 5% in 2023. Enterprises such as Microsoft Corp., OpenAI, Google LLC, and Amazon Web Services Inc. are introducing enterprise-scale generative AI solutions to the market, thereby expanding the industry. A recent report from Fortune Business Insights estimated the global generative AI market size was valued at USD 43 billion in 2023 and predicts that it will rise to USD 968 billion by 2032.
MongoDB emphasized that as generative AI continues to ascend, there’s a clear precedent indicating that organizations must modernize and develop strategies to meet evolving customer expectations and remain competitive in the new landscape. Nonetheless, the complexity and cost associated with the technology behind generative AI may render it inaccessible for some organizations.
MAAP tackles this challenge by collaborating with numerous partners, including industry-leading consultancies and expert professional services. Together, they assist organizations in developing technology roadmaps that leverage their business expertise to formulate and implement generative AI strategies. MAAP leverages partnerships with top-tier cloud infrastructure and AI model hosting providers, such as Anthropic PBC, Anyscale Inc., AWS, Cohere Inc., Google Cloud, and Microsoft Azure. This collaboration enables businesses to scale and transition their initiatives into production environments swiftly.
Additionally, enterprise developers gain access to MongoDB Atlas, MongoDB’s fully managed multi-cloud database and developer program. This includes access to MongoDB’s expertise and professional services, further enhancing their capabilities. This infrastructure can be utilized to construct and implement generative AI applications that require rapid access to personalized company data, facilitating customization for semantic search, text-to-image searching, and recommendation systems.
Chhabra stated, “With the MongoDB AI Applications Program, we and our partners help customers use generative AI to enhance productivity, revolutionize customer interactions, and drive industry advancements.”