Aquant, a leading provider of AI-powered solutions for the field service industry, announced a new strategic vision for its Service Co-Pilot platform, marking a significant leap towards hyper-personal...
NEW YORK: Aquant, a leading provider of AI-powered solutions for the field service industry, announced a new strategic vision for its Service Co-Pilot platform, marking a significant leap towards hyper-personalized AI in the service industry. Aquant's latest advancements focus on personalizing AI to uniquely understand and address the complex challenges faced by service organizations in the manufacturing industry.
The motivation behind this shift is the surge in AI and IoT adoption. The global AI in manufacturing market is projected to expand significantly to $20 billion by 2028 and IoT technologies in manufacturing is expected to reach $538.09 billion in 2028. As a result, machinery is expected to become exponentially more complex. This complexity extends beyond just the design of the machinery; it also impacts the service teams responsible for maintaining machine uptime, making the need for domain-specific, personalized AI to help avoid downtime and keep up with customer expectations more crucial than ever.
Shahar Chen, CEO of Aquant, says, "Every service situation is unique, each with its own challenges and requirements, making personalized AI crucial for addressing specific needs effectively. Generic AI models only offer recommendations based on the frequency of the solution in the data, which is only helpful with simple, common issues. Complex machinery requires AI that understands the context of the challenge. Our Service Co-Pilot platform stands out by personalizing every response based on a deep understanding of the organization’s service business, including the specific asset, part, customer, and user.”
Forecasts by industry analysts at Gartner® predict that “by 2027, over 50% of the GenAI models used by enterprises will be domain-specific, tailored to individual industries or business functions—an increase from just 1% in 2023.” Gartner also emphasizes the importance of maintaining a human-in-the-loop (HITL) to enhance the effectiveness of AI systems – this is particularly true for the service sector given the complex nature of the business.1
Deniz Mullis, Technical Operations Leader, Global Service Engineering at Cytiva, says, “I’ve seen Aquant’s offerings over several years and two different companies in which we’ve implemented them. Service Co-Pilot has been a game-changer in tackling our engineers’ ability (both in-house & in-the-field) to access critical technical information when needed. Aquant significantly improves ease-of-implementation so that organizations can quickly see the benefits of AI and how these technologies will help us meet our strategic objectives.”
Aquant’s Approach to Personalized AI:
Product updates include:
These improvements to Aquant’s Service Co-Pilot are designed to personalize the AI engine and enable it to uniquely address the complex and varied challenges faced by service organizations, by streamlining processes, enhancing decision-making with relevant insights, and adapting continuously to align with strategic goals.
About Aquant:
Aquant offers generative AI purpose-built for service through its Service Co-Pilot platform. Whether you’re a service leader, field technician, customer service representative, or customer, this platform is designed to offer expert, personalized guidance for all participants involved in the service lifecycle, ensuring optimal decision-making at each stage. Service Co-Pilot continuously refines its capabilities by learning from real-world service data, expert insights, and user feedback. This dynamic approach enables the engine to generate the most accurate and personalized recommendations for every query throughout every phase of the service cycle. Learn more about Aquant here: www.aquant.ai.
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1 Gartner Article, 3 Bold and Actionable Predictions for the Future of GenAI, By Lori Perri, April 12, 2024
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.
Fonte: Business Wire
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