I have been contemplating starting a new business by incorporating AI with our current procurement system and services. As a real innovation partner, Xinova played a crucial role defining the areas to start, while also providing deep technical expertise throughout the process. Xinova connected us to globally recognized researchers in AI, NLP and Machine Learning, producing a prototype in six months for our business to evaluate with customers. For our business to innovate and grow further, I expect Xinova to be our continuous innovation partner in the future.”
The EMRO case study highlights the ability of Xinova to fill partners’ expertise gaps with top global talent via the innovator network. EMRO, Korea’s industry-leading provider of purchasing and supply management solutions, desired AI computing talent (ML/NLP) to enhance the process, platform, and data quality in procurement services for their customers, which include numerous MNCs in Korea. That talent was unavailable locally, and Xinova scoped a project with scientists and expert programmers experienced at working together from the Xinova innovator network.
As is the case throughout the world, demand for AI experts exceeds supply in Korea. EMRO engaged Xinova to examine how the procurement system could be enhanced with state-of-the-art technology. Xinova experts provided a brief tech review and led a short brainstorming session. The document, “AI in Procurement Software,” included 8 possible projects, from which EMRO selected one.
EMRO was able to quickly adopt the
Xinova-led prototype and code base
through rapid innovation and development.
The solution will be integrated into future
product offerings and has already been
demonstrated to EMRO’s customers.
Future projects with EMRO are being
discussed as a result of this project’s
Xinova engages with companies of all sizes to solve unique and tough problems.
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