Rebeca Moen
Feb 14, 2025 01:45
Clever Economics leverages AI and cloud know-how to empower companies in Puerto Rico and past, aiding financial restoration post-Hurricane Maria.
Within the wake of Hurricane Maria, Puerto Rico’s financial panorama confronted vital challenges. Nonetheless, Clever Economics, a neighborhood agency, is making strides by using synthetic intelligence (AI) to help firms in navigating and thriving on this complicated atmosphere, in accordance with a report from Microsoft Information.
Embracing Expertise to Be Aggressive
Clever Economics has developed a platform powered by Azure App Service, which hosts net functions by way of Microsoft’s cloud computing companies. Using Energy BI, a set of software program that transforms information into visuals and interactive insights, the platform has constantly advanced 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’ workforce of economists. Shoppers may combine their inside information to create tailor-made enterprise projections.
Navigating Native Economics
Clever Economics gives shoppers with complete financial information, enabling them to identify regional tendencies 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 protracted downturn and pure disasters, requires a nuanced method. 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 all the time knew that know-how was the long run.” 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
