Puerto Rican Firm Intelligent Economics Boosts Business Growth with AI

Within the wake of Hurricane Maria, Puerto Rico’s financial panorama confronted important challenges. Nevertheless, Clever Economics, a neighborhood agency, is making strides by using synthetic intelligence (AI) to help corporations in navigating and thriving on this complicated setting, based on a report from Microsoft Information.

Embracing Expertise to Be Aggressive

Clever Economics has developed a platform powered by Azure App Service, which hosts internet functions through Microsoft’s cloud computing providers. Using Energy BI, a collection of software program that transforms information into visuals and interactive insights, the platform has repeatedly developed since its 2018 inception. In November, the agency launched a beta model of its AI bot to boost consumer information searches and person expertise.

The AI bot, working on Azure OpenAI Service with a GPT-4 mannequin, incorporates Azure AI Foundry and Azure AI Search to deploy machine studying fashions on Azure. Importantly, consumer information stays nameless, whereas interactions assist refine the bot’s performance.

The platform is enriched with over 1,000 financial indicators from Puerto Rico, the Dominican Republic, and different areas, curated by Clever Economics’ crew of economists. Shoppers may combine their inside information to create tailor-made enterprise projections.

Navigating Native Economics

Clever Economics gives purchasers with complete financial information, enabling them to identify regional developments effectively. Thompson, from De la Cruz, a notable promoting agency, highlighted the platform’s position in streamlining work processes and facilitating strategic choices, reminiscent of justifying acquisitions and figuring out new market alternatives.

Puerto Rico’s financial context, marked by a chronic downturn and pure disasters, requires a nuanced strategy. Clever Economics, based by economist Gustavo Vélez, leverages digital instruments to ship crucial insights, aiding companies in strategic planning and enhancing their competitiveness.

Because the agency continues to innovate, Vice President Chantal Benet emphasizes their dedication to increasing digital capabilities: “We at all times knew that expertise was the longer term.” By integrating superior AI options, Clever Economics is poised to triple its gross sales within the coming decade, serving a rising consumer base with out increasing its workforce.

Picture supply: Shutterstock