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2024-09-13
The world is experiencing a wave of digital transformation, harnessing the power of emerging and intelligent technologies, paving the way for a global shift towards the digital economy. To achieve digitalization, data is no longer just a string of numbers; rather it holds vital information and meaning that is crucial for enterprises to develop intelligent business operations. Enterprises are striving to leverage innovative technologies to collect data from diverse sources, integrating, processing, and analyzing it through data mining to explore valuable insights for precise business decision-making.
However, with the exponential growth of data, the data collection and integration process has become extremely complex. Manual processing is time-consuming and less accurate, making it challenging to uncover valuable insights from big data. The recent flourishing of Artificial Intelligence (AI), big data technologies, Generative AI, (GenAI) and Large Language Models (LLM) has brought hope for enterprises analyzing massive volumes of data. As a Global-Local Intelligent DICT Service Partner, CITIC Telecom CPC deeply understands the needs of various industries. Leveraging extensive service experience, robust research capabilities, and upholding our motto "Innovation Never Stops", we have developed the revolutionary AI Databank solution to empower enterprises in addressing the pressing need for efficient data management, accurate analysis, and fast report generation in today's rapidly evolving business landscape.
By integrating big data, artificial intelligence, large language models, and generative AI, AI Databank establishes a unified data platform that seamlessly connects data from various business systems and develops database and knowledge bases from collected business system data and documents. Through advanced AI algorithms, it can identify patterns and trends within massive datasets for analysis. Together with LLM and GenAI, it enables users to engage in simple dialogues to conduct data mining, and obtain in-depth business knowledge and insights rapidly accurately, and cost-effectively to formulate the right strategies.
The powerful AI Databank can unlock the tremendous potential within data and transform it into business value, bringing numerous benefits to enterprises:
Leveraging a powerful big data platform with cutting-edge AI technologies, AI Databank reduces report generation time from 1 hour per report to less than 10 seconds.
Whilst AI technologies enabling real-time calculation and analysis of massive amounts of data, LLM further allows dialogue-based data queries to enhance user query efficiency, improve user experience, and reduce the complexity of understanding reports.
Developed by a team of experienced data science experts and over two decades of accumulated industry data from CITIC Telecom CPC, the application can consistently provide accurate answers and analysis with a high accuracy rate of 91.4%, compared to 80-85% market average.
Streamlining the report development process by reducing 50% of man-days, from 30 to just 15 days, enterprises can have a net save of approx. HKD1.4 mil per year with an average of 15 new data analytic report requirements across departments for critical business decisions.
By leveraging a unified big data platform that integrates artificial intelligence, large language models, and generative AI, enterprises can delve deeper into markets, customers and business operations, leading to more efficient, innovative, and competitive business development. The platform not only efficiently manages big data, but also leverages innovative AI algorithms for in-depth analysis, automatically generating high-quality analytical reports and business insights. Establishing an advanced big data and AI analytics platform is inevitable for enterprises to achieve digital transformation for gaining long-term competitive advantages. Only by effectively utilizing data and accurately grasping market trends can enterprises stand resilient and thrive in the fiercely competitive business landscape. Join us today to unlock unlimited possibilities for transforming your business development with artificial intelligence!
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