ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

REPLY: Storm Reply Launches RAG-based AI Chatbot for Audi, Revolutionising Internal Documentation

Storm Reply, the Reply Group company specialising in innovative cloud-based solutions and services, is supporting car manufacturer Audi to improve its internal knowledge management by introducing an AI chatbot based on Retrieval Augmented Generation (RAG). Using generative AI technology, the project aims to make access to internal information more efficient and reliable.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231221707249/en/

The new internal AI chatbot, developed by Storm Reply, gives employees at Audi uncomplicated, fast, and secure access to information. This allows the company to break down knowledge silos and realize better decisions, more efficient processes, and ultimately cost reductions. (Photo: Reply)

The new internal AI chatbot, developed by Storm Reply, gives employees at Audi uncomplicated, fast, and secure access to information. This allows the company to break down knowledge silos and realize better decisions, more efficient processes, and ultimately cost reductions. (Photo: Reply)

To enable efficient knowledge management for all Audi employees, Storm Reply’s AI chatbot provides the required information on project documentation, risk assessments or contact details in a matter of seconds.

The innovative AI chatbot is based on generative AI and was created using the Amazon SageMaker service. It provides only relevant answers that are important to the business and if a question cannot be answered with certainty due to insufficient data, the chatbot communicates this rather than constructing an incorrect answer. Before answering a question, the chatbot retrieves relevant information from an external database that can be pre-defined by the business.

Thanks to Retrieval Augmented Generation (RAG), the output of the AI chatbot can be optimised using modern prompt engineering without changing the underlying model. The chatbot provides accurate and timely answers taking internal communication to a new level, increasing productivity and the quality of work results and decisions. Organisations benefit from an AI chatbot that provides employees with easy, fast and secure access to information by helping break down knowledge silos, make better decisions, implement efficient processes and ultimately reduce costs.

Michael Pawelke, Product Owner of AWS Foundation Services Audi AG, commented: "The generative AI chatbot developed by Storm Reply is accelerating our journey to the cloud. This chatbot is a great example of how innovative technology can be used to solve practical use cases in a very short time to market. It lowers the barriers to knowledge discovery for our internal stakeholders and should require little additional effort to extend to other use cases".

Filippo Rizzante, CTO at Reply, added: "The AI chatbot significantly improves the daily work of employees. It can integrate data from different sources such as Confluence, Notion, PDFs and customer websites to keep the knowledge base up to date. Security was built in from the start: the chatbot architecture was developed in a Virtual Private Cloud (VPC) to ensure data security and user privacy.”

Reply

Reply [EXM, STAR: REY] specialises in the design and implementation of solutions based on new communication channels and digital media. As a network of highly specialised companies, Reply defines and develops business models enabled by the new models of AI, big data, cloud computing, digital media and the internet of things. Reply delivers consulting, system integration and digital services to organisations across the telecom and media; industry and services; banking and insurance; and public sectors. www.reply.com

Storm Reply

Storm Reply is specialized in the design and implementation of innovative Cloud-based solutions and services. Through consolidated expertise in the creation and management of Infrastructure as a Service (IaaS), Software as a Service (SaaS), and Platform as a Service (PaaS) Cloud solutions, Storm Reply supports important companies in Europe and all over the world in the implementation of Cloud-based systems and applications. Storm Reply is AWS Premier Consulting Partner. www.storm.reply.com

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.