Azure OpenAI Cost Estimation Service Half Day Workshop

A GenAI economics workshop using our proprietary Azure OpenAI Cost Estimation tool to help you select, size and compare Azure’s OpenAI services. Our tailored full day workshop provides you with a comprehensive overview of GenAI Economics, including the various cost factors you should consider for every GenAI investment decision. We cover factors such as initial investment, data management, operational costs, risk management, ethical impacts and more. We also delve into the concept of value realisation and discuss measures you can introduce to ensure you capture your desired value from GenAI initiatives. Participants will then engage in interactive breakout sessions using our specially designed Azure OpenAI cost estimation tool to estimate the costs associated with implementing GenAI solutions. This hands-on experience is crucial for understanding the financial implications and strategic planning required in GenAI initiatives. Finally, we consolidate the learning from the workshop and guide participants in applying it to their own contexts, including other ways Capgemini can support you on your GenAI journey.

Context:

Companies are struggling to understand the cost implications of their GenAI initiatives, leading to uninformed GenAI model selection, inadequate business case inputs, and budget overruns. Cost transparency is key to unlock informed value trade-offs decisions and companies require better cost estimation models to achieve this across their AI portfolios.

Agenda:

Workshop Preparation

Set the scene for the upcoming Workshop. Introduce objectives, format and tools. Educate on key concepts and terminology.

GenAI Economics Overview

Comprehensive overview of GenAI Economics. Discussion and Q&A to enhance participant understanding in the area.

GenAI Cost Factors & Value Realisation

Run through of the different cost factors associated with GenAI. Breakdowns of initial investment, data, operations, and other costs alongside how to manage them in an integrated manner.

[Breakout sessions] Cost Estimation using our Tool

Interactive sessions using proprietary OpenAI Cost Estimation tool to become familiar with the AI financial modelling process and strategic considerations involved with investment.

Considerations and Next Steps

Final session to enable participants to practically apply their knowledge. Key learning points surrounding value-based trade-offs and best practices for both cost and sustainability considerations.

Outcomes:

Greater understanding of the economic impacts of GenAI and cost factors you should consider Awareness of models to more accurately forecast & budget for Azure OpenAI consumption costs Framework for improved model selection & value-based investment decisions