target audience: TECH SUPPLIER Publication date: Jul 2024 - Document type: IDC Survey Spotlight - Doc Document number: # US52439224
Small Models Improve Quality and Accuracy, May Not Impact Cost
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Abstract
This IDC Survey Spotlight highlights the results of IDC's GenAI Technology Trends Survey, conducted in July 2024. The survey found that early adopters of small language models realize quality and accuracy benefits, with only 29% reporting cost benefits. IDC anticipates that enterprises will choose small and large models, depending on the best fit for the scenario.