Is ChatGPT Enterprise worth the pricing? OpenAI is convinced so. The pricing has been introduced to meet the specific demands of businesses.
OpenAI’s newly launched ChatGPT Enterprise enables users to commercially use the AI language model It is best for large companies that have a huge number of employees and are looking to use AI tools.
Read the article further to know more about its pricing and features!
What is ChatGPT Enterprise?
ChatGPT Enterprise is a customized version of ChatGPT, developed by OpenAI, specifically designed for business use. It is the most powerful version of ChatGPT.
ChatGPT enterprise as the name suggests, is best suitable for bigger companies having a large number of employees looking to use AI tools.
ChatGPT Enterprise provides top-notch security and privacy, high-speed access to GPT-4, the latest developed data analysis tools, customization features, and can handle long inputs.
It has the ability to meet the particular needs of different businesses. It can transform the workplace to make it more efficient and innovative.
In comparison to other tools like ChatGPT Plus, ChatGPT Enterprise has a lead as ChatGPT Plus is for general use, and Enterprise is for organizational use and has no caps on usage whereas, ChatGPT plus has certain caps on it.
Enterprise provides more enhanced security and privacy to the users as compared to ChatGPT Plus.
ChatGPT Enterprise Pricing Details
ChatGPT Enterprise pricing is an extension to the $20/ month Plus plan. OpenAI instead of having a specific plan for ChatGPT Enterprise, has chosen a fluid pricing plan.
It will personalize a pricing plan on the basis of specific business needs and requirements. This will allow businesses to opt for features that are unique to their individual businesses.
In an official blog, OpenAI stated “We believe AI can assist and elevate every aspect of our working lives and make teams more creative and productive. Today marks another step towards an AI assistant for work that helps with any task, is customized for your organization, and protects your company data.”
This shows that the approach is to make ChatGPT Enterprise adaptable to a variety of collective requirements of corporations.
Is the ChatGPT Enterprise Pricing worth it?
Yes, ChatGPT Enterprise Pricing is completely worth it. It operates on ChatGPT-4 which is the most advanced AI model by OpenAI.
There are certain advantages for ChatGPT Enterprise subscribers such as prioritized access to GPT-4 and a context window of 32,000 tokens or around 25,000 words.
ChatGPT enterprise has no cap on usage, it allows you to have longer inputs which are four times bigger than other tools like ChatGPT Plus.
It allows you to upload data such as Excel sheets and have the AI analysis which is a very powerful feature of ChatGPT enterprise.
It addresses the data privacy concerns:
Privacy is a paramount concern of business when using AI. OpenAI claims that ChatGPT Enterprise models will not use any user-specific data and all conversations on it will be encrypted during storage and use.
It is worthwhile as the company has end-to-end encryption at rest(AES-256) and in transit(TLS 1.2+) for all conversations, and safeguards the data when it is transferred or while being stored.
Do you really need ChatGPT for business?
The need for ChatGPT Enterprise solely relies on your specific business requirements as for businesses ChatGPT Enterprise comes with a packed set of amazing tools.
It can simplify administrative tasks that come with an admin console that offers you a single-sign-on (SSO), customization functions for which API credits are available to build your own solutions, and most importantly, the user data is never used for model training i.e. ensuring data privacy to the fullest.
Hence, if your business is based on specialized functions like huge data analysis or improved control, ChatGPT Enterprise is recommended.
If you like using up-to-date models, ChatGPT Enterprise is the best option for you as regular model updates are a part of it and you’ll always stay updated.
Hence, investment in ChatGPT Enterprise is totally reasonable and transformative, if it meets your company’s unique requirements.
Alternatives to ChatGPT Enterprise
When it comes to the field of business-version AI models, there are not only AI startups but many more like Microsoft’s Bing Chat Enterprise.
Microsoft’s Bing Chat Enterprise is a very strong contender that has very advanced features that can offer you great value. It is included in select Microsoft 365 plans.
Microsoft Bing Chat Enterprise has commercial data protection, and real-time data-providing features unlike ChatGPT, easy integration, and is very affordable as it doesn’t charge any additional value with any Microsoft 365, E3, or E5 business-standard. It can be purchased at $5/month.