AI and ML solutions will drive sustainable growth in the region by improving operations efficiency and facilitating carbon emission monitoring and reporting
NEW YORK, Oct. 10, 2024 /PRNewswire/ — Amid mounting pressure from international organizations and governments to drive sustainable economic growth, global technology intelligence firm ABI Research finds that companies in Southeast Asia (SEA) are rising to the challenge by embracing Artificial Intelligence (AI) and Machine Learning (ML) solutions to meet their Environmental, Social, and Governance (ESG) goals and demonstrate their commitment to a sustainable future. Many SEA countries, such as Singapore, Malaysia, Thailand, Vietnam, the Philippines, and Indonesia, already require qualified companies to disclose ESG. Countries such as Singapore and Malaysia have further outlined clearly defined roadmaps to expand ESG reporting to more companies in the future.

“Across vertical industries, AI and ML solutions are being adopted to drive sustainable growth, from enhancing operational efficiency to accountability in tracking carbon emissions. These technologies power innovations such as AI-driven carbon management software and robotic systems. In SEA, the urgency to embrace these solutions is particularly high, as the region is becoming a key target for factory development and is viewed by companies as a major hub for future business expansion. Hence, adopting AI-enabled solutions is increasingly recognized as critical to ensuring sustainable growth in this rapidly growing region,” explains Rachel Kong, Research Analyst at ABI Research.
A recent survey by ABI Research revealed significant interest in AI-based solutions in Malaysia, with more than 50% of respondents from the manufacturing sector deeming AI as an essential component when evaluating new solutions. Robotic Process Automation (RPA) and Enterprise Resource Planning (ERP) software were ranked the top two most important investment areas to support productivity improvements and solution areas in which AI is expected to feature heavily. This trend is expected to be consistent throughout most of the SEA region as well.
Additionally, many innovative solutions are being introduced to support sustainable growth. For example, in the automation industry, Schneider Electric in SEA is developing new technologies for electrification, automation, and digitization by leveraging AI-driven analytics to optimize operations and increase efficiency. Leading innovators in the carbon management software space, such as Zuno Carbon, Evercomm, Unravel Carbon, and Jejakin, have also integrated AI-driven features in their solutions to streamline data collection and improve the overall efficiency of emissions accounting.
“With the tightening of local sustainability reporting regulations in the region, we anticipate more companies to invest in AI and ML technologies to accelerate their sustainable efforts across industries, such as manufacturing, agriculture, supply chain, and finance,” says Matthias Foo, Senior Analyst at ABI Research. “However, it is important to recognize that all enterprises are in different stages of their sustainability journey. Hence, each organization must carefully evaluate AI-based sustainability solutions to determine its overall impact on business operations.”
These findings are from ABI Research’s Leveraging AI and ML for Sustainable Growth in Southeast Asia report. This report is part of the company’s Southeast Asia Digital Transformation research service, which includes research, data, and ABI Insights.
About ABI Research
ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.
ABI Research是一家全球性的技术情报公司，拥有得天独厚的优势，充当终端市场公司和技术解决方案提供商之间的桥梁，通过提供独家研究和专业性指导，推动成功的技术实施和提供经证明可吸引和留住客户的战略，无缝连接这两大主体。
For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.
Contact Info: 
Global Deborah Petrara Tel: +1.516.624.2558 [email protected]  
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Product Delivers for its Fortune 500 Clients Who are Looking for Real Cost-Savings and Direct Benefits from GenAI Tools
NEW YORK, Oct. 10, 2024 /PRNewswire/ — Robin AI, which provides legal AI to businesses in partnership with Anthropic and AWS, today released a new version of its groundbreaking Robin Reports product, just three months after its initial release. Robin Reports is solving business-critical problems for large companies, including speeding up incident management around cyberattacks and M&A due diligence.

Today’s product news is paired with Robin AI’s “State of Legal AI 2024 Report.” The survey finds that 94% of General Counsel have identified generative AI opportunities in their teams, leading to increased tech spending. But the failure of big law firms to deliver generative AI benefits to their clients sets the stage for legal AI companies to replace law firms in more legal tasks in 2025.
Why it matters: The new version of Robin Reports allows a company to audit thousands of documents, with results in minutes — saving lawyers hundreds of hours of work each year. There is no implementation time when using Reports.
Demand for Reports is being driven by Fortune 500 and asset management firms, which Robin pinpoints to their legal teams becoming more business-oriented and increasing their tech spend — with greater spending expected across the board in 2025, per today’s survey of U.S. General Counsel and Heads of Legal Operations teams.Despite increasing tech budgets, Robin’s survey also found that in-house legal departments remained slammed.New features: Legal and investment teams can now build their own reports within the Robin AI web platform, including from a new template library.  Reports also:
Uses Anthropic’s latest Claude Sonnet 3.5 modelsWorks on any type of legal documentIs now optimized for more uses including Due Diligence Reports on Supplier Agreements and Lease Agreements, and Audit Report on NDAsAllows each contract to be searched again and again, and according to new criteria.How Reports is being used: One of Robin’s U.S.-based biotech customers suffered a data breach, and used Reports to analyze nearly 10,000 enterprise customer contracts to identify obligations. Reports allowed the company’s legal team to resolve their notification obligations 93% faster — in under 24 hours — compared to humans working alone. That saved the company 7,500 hours of legal work and around $2.5 million.
Financial institutions are using Reports to meet EU’s DORA compliance audit deadlines.Real estate-focused Private Equity firms are carrying out large scale reviews of Lease Agreements.Major media enterprises are using Reports to bulk review all Talent Agreements.Cambridge University cut the time completed initial due diligence on an investment 98% faster. “No other legal AI product can deliver ‘time to value’ as quickly as Robin Reports,” said CEO and co-founder of Robin AI Richard Robinson.
Only 6% of law firm clients agree they are getting cost savings and other direct benefits of generative AI through their external counsel, per a recent Deloitte survey.
“We’re coming for elite law firms, by helping businesses to take back control of work that until now they’ve relied on external counsel for,” Robinson said. “We’re offering a completely self-serve product that can audit thousands of documents at once. There is no other way for big enterprises to take this volume of data and use Legal AI to structure the data and get a much faster grip on obligations and due diligence.”
Any Robin customer can try the product for free today.
Since the launch of Robin Reports in the summer of 2024, the company has doubled the size of its U.S. operation, driven by strong customer demand among Fortune 2000 and private markets finance firms for the product.  For more information visit robinai.com/reports 
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The QKS Group SPARK Matrix™ provides competitive analysis and ranking of the leading Global Supply Chain Inventory Optimization vendors.ToolsGroup with its comprehensive technology and customer experience management, has received strong ratings across the parameters of technology excellence and customer impact.BOSTON, Oct. 10, 2024 /PRNewswire/ — QKS Group has named ToolsGroup as a technology leader in their 2024 SPARK Matrix™ analysis of Global Supply Chain Inventory Optimization Market.

The QKS Group SPARK Matrix™ evaluates vendors based on technology excellence and customer impact. It offers an in-depth analysis of global market dynamics, major trends, vendor landscapes, and competitive positioning. By providing a competitive analysis and ranking of leading technology vendors, the SPARK Matrix delivers strategic insights that help users assess provider capabilities, differentiate competitively, and understand market positions.
ToolsGroup was chosen as a leader in the 2024 SPARK Matrix for Global Supply Chain Inventory Optimization due to its outstanding capabilities in optimizing cloud costs and enhancing operational efficiency in complex multi-cloud environments.
QKS Group defines a Global Supply Chain Inventory Optimization as “a strategic process of maintaining an ideal amount of inventory and keeping the right balance between capital investment and service-level goals, across multiple Stock Keeping Units (SKUs). The aim is to minimize the inventory holding cost while fulfilling customer demand. Inventory Optimization leverages historical data, advanced analytics, and generative AI to ensure optimum stock levels at the right time. It also takes into consideration the volatility, risks, and probable disruptions in the supply chain and reduces unnecessary costs, stockouts, and overstocking while optimizing stock levels.”
According to Dharun, Analyst at QKS Group, “ToolsGroup has established itself as a technology leader in the global supply chain inventory optimization market by offering AI-driven, self-adaptive demand and inventory models. The solution automatically defines the optimal inventory mix across multi-echelon supply chains, ensuring high service levels while minimizing costs. ToolsGroup’s advanced features, such as probabilistic forecasting, service-driven optimization, and real-time dynamic data unification, empower businesses to navigate demand uncertainty effectively. With the launch of Decision Hub, ToolsGroup introduces decision-centric planning, allowing supply chain leaders to align on optimal responses to emerging threats and changes in supply-demand dynamics.” Dharun further adds, “ToolsGroup’s year-on-year revenue growth, strong enterprise segmentation, a compelling vision & roadmap, industry-specific capabilities, positions the company as a leader in the SPARK Matrix™: Global Supply Chain Inventory Optimization, Q3, 2024”
Quote By ToolsGroup
“We are proud to be recognized by Quadrant Solutions for the third year in a row as a leader in inventory optimization,” said Kevin Young, Chief Marketing Officer and EVP of Growth at ToolsGroup. “Our approach is quite unique in the market. We leverage AI driven probabilistic science to model a range of potential outcomes for demand and supply availability. Over 400 customers leverage our solutions to achieve service level goals while significantly reducing inventory investments, transforming their supply chains into a force for good.”
The global supply chain inventory optimization market is experiencing significant growth, driven by the adoption of cloud, AI, ML, blockchain, and IoT technologies. Inventory optimization aims to maintain an ideal stock level while balancing investment and service-level goals. The use of advanced analytics and generative AI allows for the consideration of volatility, risks, and disruptions, ultimately reducing unnecessary costs and stockouts. Current market dynamics highlight the importance of real-time inventory visibility, predictive analytics, and scenario modeling to enhance decision-making. Leading solutions in this market offer comprehensive capabilities, including multi-echelon inventory optimization (MEIO), automated data collection, and generative AI for informed inventory management. As companies strive for more antifragile and autonomous supply chains, inventory optimization remains a key strategic focus to increase efficiency, profitability, and customer satisfaction.
Additional Resources:
For more information about ToolsGroupSPARK Matrix: Global Supply Chain Inventory Optimization, Q3, 2024About ToolsGroup:
ToolsGroup’s innovative AI-powered solutions enable retailers, distributors and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision-making and unlock powerful business improvements in forecast accuracy, service levels and inventory – delighting customers and achieving financial and sustainability KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, and YouTube, or visit www.toolsgroup.com.
ToolsGroup Media Contact:
Jason OuelletteEscalate PR for ToolsGroup Email: [email protected]
About QKS Group:
QKS Group is a global advisory and consulting firm focused on helping clients achieve business transformation goals with Strategic Business and Growth advisory services. At QKS Group, our vision is to become an integral part of our client’s business as a strategic knowledge partner. Our research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environments.
For more available research, please visit https://qksgroup.com/ 
Contact: 
Shraddha Roy PR & Media Relations QKS Group Regus Business Center 35 Village Road, Suite 100, Middleton Massachusetts 01949 United States Email: [email protected] Content Source: https://qksgroup.com/newsroom/toolsgroup-positioned-as-the-leader-in-the-2024-spark-matrix-for-global-supply-chain-inventory-optimization-by-qks-group-798Connect with us on LinkedIn- https://www.linkedin.com/company/qksgroup/
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