Fushi Technology Unveils AI Agents to Supercharge Southeast Asia’s Business Landscape
HONG KONG SAR – Media OutReach Newswire – 22 December 2024 – On December 20th, Fushi Technology officially launched its innovative AI Agent industry vertical applications across Southeast Asia, aimed at enhancing business efficiency and streamlining operations.
Expanding Horizons with Fushi Technology
A notable investment by Hong Kong-listed company Yeahka Limited (9923.HK), Fushi Technology has made impressive strides in 2024 by expanding its clientele in Southeast Asia. It boasts partnerships with over 200 global and regional brands, including popular names like Starbucks, MUJI, Pizza Hut, New Balance, Levi’s, KOI, and Mr. Coconut. Their services now span markets in Singapore, Indonesia, Vietnam, and Malaysia, with coverage encompassing more than 20,000 stores.
The Power of Collaboration
Fushi’s success can be traced back to two primary drivers. First, there’s the synergy generated through its collaboration with Yeahka. By harnessing cutting-edge payment technology and validated AI solutions from their experiences in China, Fushi empowers merchants across the Asia-Pacific region with compelling business solutions.
The second pivotal aspect is Fushi’s commitment to localization in its SaaS product development and operations. By continuously adapting to market dynamics and customer inclinations in various industries, Fushi has broadened its product offerings and bolstered service efficiency, further enhancing client retention. Their recent launch of AI Agent applications is directly aligned with the demands expressed by clients outside of China.
Revolutionizing Customer Experiences
Currently, Fushi’s AI Agent is focused on the food and beverage sector. Customers can interact with this AI through natural language—via voice or text—on the brand’s official platforms, allowing them to inquire about menu options, place orders, and process payments seamlessly. This technology not only elevates the customer experience but also significantly boosts order conversion rates.
Looking Ahead: Future Collaborations
Looking toward the future, Fushi plans to collaborate with Ascentis, a leading CRM company recently acquired in Singapore. Together, they’ll develop a marketing AI agent that enables businesses to automatically orchestrate marketing campaigns and manage customer relationships through natural language, streamlining processes further.
The Evolution of AI Agents
AI Agents represent a new wave of intelligent entities built on extensive language models (LLMs). They can autonomously understand, plan, make decisions, and complete a variety of complex tasks. Unlike traditional models, AI Agents don’t just instruct you on actions; they help execute them. According to Deloitte, these agents are redefining industries on an unprecedented scale, expanding generative AI applications and enhancing capabilities through multi-agent systems.
Market Predictions and Future Implications
Real-world examples underscore the potential of AI. Following the rollout of its AXON2.0 advertising engine, Applovin reported a remarkable increase in advertising monetization rates, with third-quarter revenues rising by 39% year-on-year and net profits soaring by 300%. By December 20th, Applovin’s stock price had skyrocketed by over 700% this year.
As industries continue to evolve with AI Agents at the forefront, experts estimate that this vertical AI market could dwarf traditional SaaS tenfold, birthing technology giants valued at over $300 billion each. With China’s businesses expanding internationally, Fushi stands poised to capitalize on these opportunities, marrying its extensive merchant experience with proprietary AI solutions.
Curious about the transformative power of AI in your industry? Don’t miss out on the progress being made. The AI Buzz Hub team is excited to see where these breakthroughs take us. Want to stay in the loop on all things AI? Subscribe to our newsletter or share this article with your fellow enthusiasts.
