Fushi Technology Expands AI Agent Applications in Southeast Asia, Targets Food & Beverage Sector
December 22, 2024The company emphasizes the importance of localization in its SaaS product development, tailoring offerings to meet regional market demands and enhance customer retention.
The success of AI-driven technologies is exemplified by Applovin's launch of its AXON2.0 marketing engine, which resulted in a substantial revenue increase.
Market analysts predict that vertical AI Agents could create a market ten times larger than the current SaaS market, potentially leading to technology giants valued over $300 billion.
Deloitte highlights the transformative impact of AI Agents across industries, showcasing significant revenue and profit increases for companies like Applovin that have adopted AI-driven solutions.
Fushi's AI Agent currently focuses on the food and beverage sector, enabling customers to use natural language for inquiries, orders, and payments, thereby enhancing their experience.
As a subsidiary of Yeahka Limited, a Hong Kong-listed company, Fushi has expanded its client base to over 200 global and regional brands, including Starbucks and Pizza Hut, across Southeast Asia.
AI Agents utilize large language models to autonomously understand and execute complex tasks, significantly expanding the application scope of generative AI.
Fushi Technology is strategically positioned to leverage its experience and proprietary AI Agents to seize emerging international market opportunities as China expands globally.
Fushi plans to collaborate with Ascentis, a recently acquired CRM company, to develop a marketing AI agent that automates campaign planning and customer relationship management.
On December 20, 2024, Fushi announced the launch of its AI Agent industry vertical applications in Southeast Asia, aimed at improving business efficiency and operations.
Fushi's growth is bolstered by its partnership with Yeahka, which provides access to validated payment technologies and AI expertise from China.
By adapting its SaaS products to various industries, Fushi enhances service efficiency and customer retention, reflecting its commitment to meeting diverse market needs.
Summary based on 3 sources
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Sources
The Manila Times • Dec 22, 2024
Fushi Technology to Launch AI Agent Industry Vertical Applications, Accelerating Southeast Asia Market Expansion