Our CEO and co-founder Valery Krasovsky shared how AI is reshaping industries and driving innovation, at #BusinessBreakfast by Forbes Ukraine. Here’s what he had to say about the real-world application of AI and lessons learned from numerous projects. 👉 Challenges in AI Implementation Valery highlighted that while AI sparks excitement, many projects need better data quality. Around 80% of AI initiatives require improving clients’ data management and structure—essential steps for success. 👉 AI in Action at Sigma Software - Sima AI Assistant: Launched in 2019, Sima supports Sigma Software’s 2,000+ employees by handling routine tasks like onboarding, vacation requests, and navigating internal processes. With over 600 daily users, Sima has saved thousands of hours annually and reduced daily errors. Image Vectorisation: Sigma Software automated image formatting processes for a global client, achieving 10x efficiency and saving €500,000 annually. - Contract Analysis: A legal AI tool developed to review contracts cuts the time required by 50%, helping lawyers focus on critical decisions. - Tech Personnel Assistant: For a major telecom client, Sigma Software’s AI assistant reduced fieldwork time by 20% and repeat site visits by 15%. - Code Automation: AI solutions now assist engineers by generating unit tests automatically, speeding up development, and enhancing software quality. 👉 AI and Blockchain Advancements Valery also highlighted the growing interest in blockchain technology and the influx of new users into the market. IdeaSoft.io , part of the Sigma Software ecosystem, is actively working on AI-powered agents to simplify user interactions with digital assets and blockchain operations. These agents enable users to perform tasks like sending transactions, managing wallets, and interacting across blockchains more securely and conveniently, fostering greater adoption in the sector. 👉 Sigma Software’s Expertise in the AI Ecosystem The company’s hands-on experience spans from developing internal AI solutions to delivering advanced automation for global clients. Sigma Software has also been running educational initiatives through Sigma Software University, contributing to skill-building in the Gulf, Central Asia, and beyond. Watch the full episode of #BusinessBreakfast (in Ukrainian): https://lnkd.in/e2rYd_z9 Sigma Software continues to explore the boundless potential of AI while addressing its challenges, turning opportunities into impactful solutions. Learn more about how AI can transform industries: https://lnkd.in/diZqUY5e #AI #Innovation #ForbesTech2024 #SigmaSoftware #Automation
Student at JNTU Anantapur
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