Press release
Next Vision GmbH introduces generative AI platform for mediuem-sized businesses: the AI Assistant for Business Solutions
Hessisch Oldendorf, November 19, 2024. AI tools are taking the business world by storm: 69 percent of all CEOs see enormous potential in generative AI solutions for their companies.* However, only about a third of executives believe that internal expertise is sufficient to implement generative AI solutions. This is especially true for medium-sized businesses, where there is significant uncertainty about how to successfully adopt this groundbreaking technology. In this context, the IT experts at Next Vision GmbH, led by CEO Patrick Söhlke, are introducing a groundbreaking solution: the AI Assistant for Business Solutions. This innovative platform enables medium-sized companies to leverage the benefits of generative AI and machine learning without the risk of significant upfront investments.
The AI Assistant for Business Solutions enhances core business applications with innovative AI functionalities – from Business Intelligence (BI) and Customer Relationship Management (CRM) to Enterprise Resource Planning (ERP) and Production Planning and Control (PPC). To achieve this, Next Vision GmbH combines the leading AI and data platform IBM watsonx with its business-oriented facts and knowledge database. Employees can interact with the AI assistant in natural language to receive support for a wide range of everyday tasks. These include answering context-specific questions, quickly providing information, and generating various types of content.
Next Vision AI Assistant for Business Solutions powered by IBM watsonx: Key Features for Businesses
- Knowledge Base: Efficient querying and storage of unstructured data.
- Semantic Search: Optimized search results through improved understanding of query context and meaning.
- Retrieval Augmented Generation: More accurate and relevant answers thanks to the intelligent integration of internal and external knowledge.
- Prompt Engineering / Fine-tuning: Extensions and customization of the language model to process the required information effectively.
- Web Search / Web Crawling: Expanding the knowledge base through targeted search and extraction of online data.
- Content Generation: Automated creation of tailored content.
Tailored AI Package for Medium-Sized Businesses
For sensitive and confidential data, the Next Vision AI Assistant can be deployed on a physical on-premises server or in a private cloud. This setup is based on the specified system requirements and includes at least two NVIDIA GPUs.
The existing data warehouse (“nv_dwh”) is expanded by Next Vision GmbH with a knowledge base (“nv_vector”). This enhancement allows the integration of documents, images, videos, and other data in unstructured formats. Medium-sized businesses can use this to connect the AI Assistant for Business Solutions with their existing Business Intelligence platform. This enables the productive and efficient use of generative AI and traditional machine learning within their own data center. A key advantage of this solution is its compliance and data security. By automating governance processes and providing mechanisms for model monitoring and correction, watsonx ensures the legally compliant use of the AI solution. At the same time, it guarantees adherence to regulatory requirements (GDPR, EU AI Act).
Introductory Offer at Special Rates
The Next Vision AI Assistant for Business Solutions paves the way for medium-sized businesses to enter a new technological era. By integrating their existing Business Intelligence platform with IBM’s leading AI platform, watsonx.ai, and the central knowledge database from Next Vision GmbH, companies can efficiently utilize generative AI and traditional machine learning in-house. This solution not only addresses technological challenges but also considers the specific needs of medium-sized businesses in areas such as data protection, investment security, and compliance. With the AI Assistant for Business Solutions, SMEs can accelerate their digital transformation and secure their competitiveness in an increasingly AI-driven economic environment.
“We offer our solution as a package with premium IBM technology, fast access to innovations, and affordable entry costs,” emphasizes Patrick Söhlke. “Additionally, we are introducing an attractive watsonx starter package. Interested companies can evaluate the AI Assistant with their own data in a use case scenario at the connected data center of Vegasystems GmbH & Co. KG (‘nv_lab’), enabling them to quickly and easily gain initial experience for their business.” This offer is valid until December 31, 2024.
Further Information
*Source: IBM Global CEO Study 2024, https://newsroom.ibm.com/2024-05-16-IBM-Study-As-CEOs-Race-Towards-Gen-AI-Adoption,-Questions-Around-Workforce-and-Culture-Persist
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