By David Willey, Benzinga
Interest in artificial intelligence (AI)-driven business solutions is surging, as prominent tools like ChatGPT capture the public imagination. This has led many businesses to scramble to adapt AI to their business needs and join early adopters.
JX Luxventure Ltd. (NASDAQ: JXJT) could be ahead of the curve in integrating the best of AI into its business. The company has been perfecting its AI-based software-as-a-service (SaaS) solution for almost two years and it looks like its investment is paying off. Now it's continuing to innovate by rolling out an AI generative chat system to be integrated into its AI-based SaaS solution.
The rapid growth of AI has produced multiple tools for improving efficacy and accuracy in business operations. The AI market is already worth $328 billion, and the rise of OpenAI’s ChatGPT has brought both consumer and business attention to AI’s potential. 50% of organizations intend to incorporate AI into their operations this year as AI delivers improvements in sectors ranging from search engine optimization (SEO) to customer service, and from manufacturing to marketing. Companies that have already embraced AI technologies can reasonably be expected to be ahead of their competitors, and JX Luxventure has a history of integrating AI solutions into its business.
JX Luxventure is a company offering comprehensive solutions for high-net-worth families. Its various business segments include business-to-business (B2B) SaaS, tourism and cross-border merchandise. The company employs a powerful team led by industry-expert Liu Ze to deliver a sophisticated AI-based SaaS solution. This is going to be the year of AI, and JX Luxventure believes it is perfectly positioned to reap the benefits.
How JX Luxventure Has Been Prioritizing AI Solutions
JX Luxventure has been a step ahead in using AI, with the hiring of its Chief Technology Officer and the development of an AI-powered SaaS. The company’s SaaS portal uses AI to coordinate orders and track the shopping experience of its consumers. As a business-to-business (B2B) portal, the SaaS platform supplies cross-border goods and tourism related products to the business partners. These business partners use the AI-based SaaS solution to track the products that it provides.
This cutting-edge SaaS system was developed by AI veteran Liu Ze almost two years ago, and the company has been improving the system continuously since then. JX Luxventure appointed Liu Ze as Chief Technology Officer in 2021 as part of its commitment to developing AI solutions. Liu Ze has broad industry expertise and decades of experience in AI, the Internet of Things (IoT) and Blockchain. Prior to joining Luxventure, he was managing a 400-member development team as CTO of a leading technology firm.
Now the information technology (IT) team, led by Liu Ze, is planning an exciting addition to the SaaS solution, as it is adding an AI generative language model, of a similar type to ChatGPT, into the AI-based SaaS solution. The team plans to release a testing version by March, 2023 as part of the company’s commitment to delivering the best for its business partners and to setting the standard when it comes to AI-based SaaS solutions.
The company’s AI-based SaaS solution had also been adopted by Hainan Province’s Cross-border Merchandise Association (CMA) for use by all of its members. Hainan is designated as a free port by the government of China, and the CMA is the only organization created by the regional government for cross-border merchants. The implementation of the company’s SaaS solution, and its proprietary AI-powered technologies, across the CMA allows for an easy consolidation of both on- and off-line cross border merchandise transactions.
The company was recognized for its cutting-edge AI-based SaaS solution when it was nominated for the prestigious “Best Software Solutions Provider” award in 2022. JX Luxventure has continued to make improvements to its AI-based SaaS solution since it was created by Liu Ze, and this nomination showed appreciation for the excellence of the system. The company received this nomination alongside prominent software companies like Shoplazza and Oracle (China) Software Systems Co Ltd.
“We are truly honored that the Company, being the only early-stage company, was nominated for this award. This is the affirmation of the professional work done by our technology team, led by our CTO, Liu Ze, an expert in Artificial Intelligence,” said CEO Ms. Sun Lei. “This is a great beginning of our technology consulting business and paved a solid foundation for the future."
Other companies looking to use AI and SaaS in the tourism industry include Amadeus IT Group (OTC: AMADY), Booking Holdings Inc. (NASDAQ: BKNG), and TravelPerk.
Want to learn more about how JX Luxventure’s AI-based SaaS solution delivers incredible results? Visit its website.
This article was originally published on Benzinga here.
Headquartered in Haikou, China, JX Luxventure Limited is a company delivering comprehensive products solutions to global elite families serviced by our business customers with business segments covering SAAS, tourism and cross-border merchandise.
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