Puerto Rican Firm Intelligent Economics Boosts Business Growth with AI

In
the
wake
of
Hurricane
Maria,
Puerto
Rico’s
economic
landscape
faced
significant
challenges.
However,
Intelligent
Economics,
a
local
firm,
is
making
strides
by
utilizing
artificial
intelligence
(AI)
to
assist
companies
in
navigating
and
thriving
in
this
complex
environment,
according
to
a
report
from

Microsoft
News.

Embracing
Technology
to
Be
Competitive

Intelligent
Economics
has
developed
a
platform
powered
by
Azure
App
Service,
which
hosts
web
applications
via
Microsoft’s
cloud
computing
services.
Utilizing
Power
BI,
a
suite
of
software
that
transforms
data
into
visuals
and
interactive
insights,
the
platform
has
continuously
evolved
since
its
2018
inception.
In
November,
the
firm
launched
a
beta
version
of
its
AI
bot
to
enhance
client
data
searches
and
user
experience.

The
AI
bot,
operating
on
Azure
OpenAI
Service
with
a
GPT-4
model,
incorporates
Azure
AI
Foundry
and
Azure
AI
Search
to
deploy
machine
learning
models
on
Azure.
Importantly,
client
data
remains
anonymous,
while
interactions
help
refine
the
bot’s
functionality.

The
platform
is
enriched
with
over
1,000
economic
indicators
from
Puerto
Rico,
the
Dominican
Republic,
and
other
regions,
curated
by
Intelligent
Economics’
team
of
economists.
Clients
can
also
integrate
their
internal
data
to
create
tailored
business
projections.

Navigating
Local
Economics

Intelligent
Economics
provides
clients
with
comprehensive
economic
data,
enabling
them
to
spot
regional
trends
efficiently.
Thompson,
from
De
la
Cruz,
a
notable
advertising
firm,
highlighted
the
platform’s
role
in
streamlining
work
processes
and
facilitating
strategic
decisions,
such
as
justifying
acquisitions
and
identifying
new
market
opportunities.

Puerto
Rico’s
economic
context,
marked
by
a
prolonged
downturn
and
natural
disasters,
requires
a
nuanced
approach.
Intelligent
Economics,
founded
by
economist
Gustavo
Vélez,
leverages
digital
tools
to
deliver
critical
insights,
aiding
businesses
in
strategic
planning
and
enhancing
their
competitiveness.

As
the
firm
continues
to
innovate,
Vice
President
Chantal
Benet
emphasizes
their
commitment
to
expanding
digital
capabilities: “We
always
knew
that
technology
was
the
future.”
By
integrating
advanced
AI
solutions,
Intelligent
Economics
is
poised
to
triple
its
sales
in
the
coming
decade,
serving
a
growing
client
base
without
expanding
its
workforce.

Image
source:
Shutterstock