Global Logistic Properties Limited (GLP) is forging an alliance with Foundry for AI by Rackspace (FAIR) and Microsoft Azure OpenAI for a more data-centric approach towards their asset management strategies.
According to the company, the partnership will enable enhanced data accessibility, supported by novel tools to optimise the use of data, helping GLP make informed decisions across a range of areas, including fund management and Environmental, Social, and Governance (ESG) metrics.
With the help of state-of-the-art technology and expertise, GLP has been able to streamline workflows and enhance customised analysis for different stakeholder groups. The use of Generative AI has facilitated the creation of a dynamic interface bot that allows access to insights derived from GLP's Enterprise Data Lake (EDL). This service offers a centralised platform to obtain in-depth data insights.
GLP teamed up with FAIR experts to utilise Microsoft Azure OpenAI in innovative asset management strategies. A Generative AI-enabled intelligent system was created using this integrated framework, capable of answering complex business inquiries. Opting for cutting-edge technology, GLP can streamline workflows and enhance custom analysis and reporting for various stakeholder groups.
Miao Song, Global Chief Information Officer, GLP, stated, "We are now benefiting from a Generative AI chatbot integrated with our Enterprise Data Lake, enabling us to generate high-quality, actionable answers to complex business queries, starting with our fund management function. Furthermore, we can now access records of questions and chatbot responses. GLP is currently rolling out the chatbot to the rest of the organisation."
FAIR collaborated with Microsoft and GLP to facilitate the adoption of Generative AI solutions across industries. With the assistance of an AI interface bot, a centralised hub for open-ended data insights can provide GLP better engagement with their data. From fund management to ESG metrics, all areas of expertise have the potential to be optimised through this DAIR-team accelerated programme.
Hemanta Banerjee, VP, Public Cloud Data Services, Rackspace Technology, adds, "Our FAIR team has collaborated closely with the GLP team, and we have successfully showcased the productivity gains by leveraging the transformative capabilities of Generative AI in a demonstration to the GLP leadership team who was in Singapore. From then, we have worked together to make data-driven insights accessible to users intuitively and interactively."
Rachel Bondi, Regional Vice President, Small, Medium, and Corporate (SMC) at Microsoft Asia, also commented, "As a trusted cloud platform partner, we are delighted to support GLP in its digital transformation journey and enable it to harness the power of Generative AI for data-driven insights. Through Azure OpenAI Service and Power BI, we were able to equip GLP with a scalable and secure solution to create an intelligent system that can answer complex business queries across different domains and functions."