Embracing Technology to Be Competitive
In the wake of Hurricane Maria, Puerto Rico’s economic landscape faced significant challenges. However, Intelligent Economics, a local firm, is making strides by utilizing artificial intelligence (AI) to assist companies in navigating and thriving in this complex environment, according to a report from Microsoft News.
Embracing Technology to Be Competitive
Intelligent Economics has developed a platform powered by Azure App Service, which hosts web applications via Microsoft’s cloud computing services. Utilizing Power BI, a suite of software that transforms data into visuals and interactive insights, the platform has continuously evolved since its 2018 inception. In November, the firm launched a beta version of its AI bot to enhance client data searches and user experience.
Navigating Local Economics
Intelligent Economics provides clients with comprehensive economic data, enabling them to spot regional trends efficiently. Thompson, from De la Cruz, a notable advertising firm, highlighted the platform’s role in streamlining work processes and facilitating strategic decisions, such as justifying acquisitions and identifying new market opportunities.
The Future of Intelligent Economics
Puerto Rico’s economic context, marked by a prolonged downturn and natural disasters, requires a nuanced approach. Intelligent Economics, founded by economist Gustavo Vélez, leverages digital tools to deliver critical insights, aiding businesses in strategic planning and enhancing their competitiveness.
Conclusion
Intelligent Economics is poised to continue innovating, with a commitment to expanding digital capabilities. By integrating advanced AI solutions, the firm is expected to triple its sales in the coming decade, serving a growing client base without expanding its workforce.
FAQs
- What is Intelligent Economics?
Intelligent Economics is a local firm that utilizes artificial intelligence (AI) to assist companies in navigating and thriving in Puerto Rico’s complex economic environment. - What technology does Intelligent Economics use?
Intelligent Economics uses Azure App Service, Power BI, and Azure AI Foundry to develop its AI-powered platform. - How does Intelligent Economics’ AI bot work?
The AI bot operates on Azure OpenAI Service with a GPT-4 model, incorporating Azure AI Search to deploy machine learning models on Azure. Client data remains anonymous, and interactions help refine the bot’s functionality.
