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Significant Reduction in Research Duration
OfBusiness, a B2B manufacturing startup, has cut its sector research time from 4–5 days to just 30–45 minutes by adopting Generative AI (GenAI).
The technology enables the quick generation of detailed questions and deep sectoral insights, streamlining previously time-consuming processes.
Strategic AI Initiatives Ahead of IPO
- As part of its IPO preparations, OfBusiness has ramped up its AI initiatives.
- It launched Nexizo.AI — a GenAI-powered platform that helps mid-market and large businesses discover buyers, analyze market insights, track raw material prices, and optimize core functions like sales, logistics, and inventory.
Lean Tech Teams Through GenAI Deployment
- GenAI adoption has allowed OfBusiness to run leaner, more efficient tech teams.
- By automating deep research and data processing tasks, the company has minimized manpower requirements while boosting productivity and speed.
Industry-Wide Momentum
- Other firms are also embracing GenAI. For example, edtech company PhysicsWallah uses GenAI to handle around 60% of student doubt resolution, leading to a 10x reduction in costs.
- This reflects a broader shift toward AI-driven efficiency across sectors.
Source: https://inc42.com/buzz/how-genai-adoption-helped-ofbusiness-cut-down-research-time/
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