Artificial intelligence

Information is the new currency of the economy. Because with the rapid progress of digitalization, the ability to react quickly to new information and trends is becoming a decisive success factor.

The challenge for companies is to quickly extract the relevant information from the enormous flood of data without jeopardizing data security. Employees often have to spend time searching for answers in various document formats such as PDFs, presentations, or databases, resulting in delays and lost productivity. In addition, the handling of multilingual documents is another hurdle that needs to be overcome.

This is exactly where GenAI (Generative Artificial Intelligence) can fully exploit its potential: With our innovative chatbot, we offer you a solution that combines advanced OpenAI technology with the security and flexibility of Microsoft. We developed the tool with the goal of revolutionizing the way we interact with enterprise data. It gives you direct, fast, and secure access to critical information, all within the protected environment of your Azure tenant.

Our chatbot accesses a wide range of data formats to answer your questions without transmitting information to OpenAI or Microsoft. Not only is it able to generate precise answers from your data assets, but it can also summarize content and analyze numerical data. The generated answers are available in the language of the request, which completely eliminates the effort for translations.

In addition, our chatbot offers the possibility to create texts based on predefined templates, which enables individual and efficient communication . With this solution, companies can increase the efficiency of their information processes and provide their employees with a powerful tool that fundamentally simplifies and accelerates access to information.

Optimized forecasts with artificial intelligence (AI)

However, it is not only quick access to relevant information that is becoming increasingly important, but also the ability to react to trends and developments in an agile manner. In a world with dynamic market situations, uncertain delivery routes and fluctuating demand patterns, many parameters must be taken into account: When are which goods demanded and in what quantities? What about the procurement options? How are prices developing? How can I avoid overstocking without suddenly selling out? And how can I better prepare for unexpected events overall? Answering these questions is not an easy task for assortments with several thousand items. Manual planning processes based on articles quickly reach their limits here. It is time for innovative solutions that bring light back into the darkness.

Forecasting Framework

In this context, we rely on automated forecasts that take into account both historical time series and external effects for fast and tailor-made decisions. To this end, we have developed our AI-based forecasting framework. Integrated into the existing planning solution, it comes with an ensemble of state-of-the-art forecasting methods and self-learning algorithms. Enriched with your subject-specific features, different models are trained, compared and evaluated for each individual article. The most plausible result is then automatically suggested. As a subject matter expert, you no longer have to worry about the calculation logic behind it – you only have to evaluate the result yourself. Always with the certainty that all relevant information has been incorporated into the forecasting result according to the best possible methods.

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