MERCER GEN-

AI CASE
STUDY
CURRENT PROCESS COST
Business Resources
Process step Allocation Pricing Hours Cost (in $)
days involved
Consultant 100% 300 8 4800
Team briefing and kick
2 Lead 50% 400 8 3200
off/go no-go Decision
SME 50% 400 8 3200
3 First draft complete Consultant 100% 300 8 7200
Consultant 100% 300 8 14400
6 SME inputs and review
SME 50% 400 8 9600
1 Tidy up and re-circulate Consultant 100% 300 8 2400
Consultant 100% 300 8 7200
3 Final review Lead 25% 400 8 2400
SME 25% 400 8 2400
2 Response Design Designer 100% 200 8 3200
3 Compliance review R&C Expert 50% 80 8 960
Compliance comments
2 Consultant 100% 300 8 4800
addressed
1 Submit Consultant 20% 300 8 480

$ 66,240.00
CURRENT PROCESS COST
CURRENT PROCESS LOSS
ADVANTAGE OF GEN AI OVER AUTOMATION

• Ease of Customization
• Reduction in bias
• System is easily adaptable
BUILD VS BUY

Buying is favourable because of following reasons:-

• Basic foundation models can rack up initial training and deployment costs exceeding $4 million
• Amount of computing resources required for training large AI models doubles every 3.5 months
• Complexity of these foundation models has skyrocketed at an astonishing rate in recent years.

Following are the two ways we can use off the shelf models:-
1. Using model provide directly by Vendor
2. Fine tuning the model provided by Vendor