One of Intuit's big bets for the years ahead is to disrupt the mid-market ERP business market with its Intuit Enterprise Suite as it aims to fill a gap between QuickBooks Online Advanced and costly ERP implementations that are required when companies grow.
Intuit is operating on one data and AI platform that enables it to select up to 10 large language models for various consumer and business use cases via its Generative AI Operating System (GenOS).
Intuit CEO Sasan Goodarzi said generative AI is increasing the company's total addressable market as TurboTax users flocked to its data, AI and virtual expert platform.
Intuit has 500,000 data points per small business. "We see all the money coming in, all of the money going out, all the transactions," says Intuit CEO Sasan Goodarzi. "We're not new to this game of AI, and particularly it was machine learning and knowledge engineering."
