Rebeca Moen
Feb 14, 2025 01:45
Clever Economics leverages AI and cloud expertise 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 important challenges. Nonetheless, Clever Economics, a neighborhood agency, is making strides by using synthetic intelligence (AI) to help firms in navigating and thriving on this advanced surroundings, in accordance with a report from Microsoft Information.
Embracing Know-how to Be Aggressive
Clever Economics has developed a platform powered by Azure App Service, which hosts internet purposes by way of Microsoft’s cloud computing companies. Using Energy BI, a collection 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 reinforce shopper information searches and consumer 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, shopper 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 also can combine their inner information to create tailor-made enterprise projections.
Navigating Native Economics
Clever Economics gives shoppers with complete financial information, enabling them to identify regional developments effectively. Thompson, from De la Cruz, a notable promoting agency, highlighted the platform’s function in streamlining work processes and facilitating strategic selections, akin to 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 essential 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 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 shopper base with out increasing its workforce.
Picture supply: Shutterstock
