1MillionBot, at its recent Partners Meeting held in Alicante on June 30, has impressed with a series of radical technological innovations. A testament to the company's commitment to generative AI, these developments are products of a revolutionary vision that seeks to address five major challenges in the world of AI. These innovations include:
- Collaboration with the Barcelona Supercomputer Center in the field of LLMs: research and development of LLM training
- The Millie Platform: Now enhanced with the capabilities of LLM models, including web indexing and unlimited proprietary data. This platform offers a wide range of features such as unlimited chatbots, data analytics management, ChatGPT model introduction, e-intelligence tools, live chat, and more.
- Inclusion of ChatGPT as SaaS: In line with the trend of offering software as a service, 1MillionBot has incorporated the GPT generative language model to its range of services, providing a higher level of personalization and interaction to users.
- Artificial Intelligence Office Creation and Management Service (100%): In response to the growing demand for AI implementations in various sectors, 1MillionBot-Lucentia offers a turnkey service for the design and execution of efficient and customized AI offices.
- Personalized solutions for companies, professionals, public administrations and universities: Understanding the need to adapt to the specificities of each sector and organization, 1MillionBot offers customized AI solutions that adapt to the individual needs of its clients.
- e-intelligence: 1MillionBot has developed a number of AI tools aimed at empowering people in their roles, including e-tutor for education, e-managers for management, e-marketing for digital marketing, among others.
With these products and services, 1MillionBot aims to address five key challenges that generative AI faces today: Control and optimize AI, Democratize their access to SMEs, Manage AI, Develop customized solutions for companies, sectors and Public Administrations, and Empower people with AI.
1MillionBot LLM Model with the Barcelona Supercomputing Center
One of the most surprising revelations of the Junta was the collaboration with the Barcelona Supercomputing Center in the area of large language models. This project seeks to strengthen the autonomy of the LLM Models and provide maximum guarantees for data protection, cybersecurity, and compliance with European legal regulations. For german nativity scene, Director of R&D+ie AI, this is a revolutionary step that harnesses the potential of open source generative AI to compete with or even exceed world standards.
The Millie Platform: unique capabilities
La millie platform it has become the most valuable resource for companies, universities and public administrations. Millie is now equipped with the new capabilities of the LLM Model, including unlimited web and proprietary data indexing. Constance Casquet, Director of Technology, highlighted the application of the experience of more than 5 years working with real users (main Public Administrations, more than 30 Universities and companies) in large projects.
The Millie platform allows, among other functions, the creation and development of chatbots (without limit), the management of data analytics, the introduction of ChatGPT models, e-intelligence tools, live chat, channels, integrations, leads-surveys , multi-channel, among many other technological capacities and services.
Creation and management of the Artificial Intelligence Office (100%)
Service Creation and Management of the Artificial Intelligence Office (100%) of 1MillionBot-Lucentia, a turnkey solution for institutions and companies, Part of the identification of the priorities and unmet needs of companies that constitute relevant advantages. 1MillionBot-Lucentia assume the responsibility of designing and executing the architecture of an efficient AI office,Development of practical actions based on objectives, Design and validation of AI solutions using the Data Lake, Scalability and optimization of AI solutions, tec (see steps in the implementation of an AI office).
MakeaBot: insert ChatGPT on your website in 2 minutes
In 3 minutes, any user can have a personal assistant for him or his business that precisely attends to the doubts or requirements of his clients or users thanks to makeabot. This is a new tool in SaaS format that allows any user to have a personal assistant in a matter of minutes. Application examples of the tool were shown during the meeting in various practical applications, such as fashion stores and gastronomy.
In addition to recalling tailor-made solutions for Public Administrations, event y universities, the President of 1MillionBot presented the study aid tool (e-tutor), designed to enhance the understanding of the contents of the subjects taught in any study center.
The future and present of generative AI
During the Partners Meeting, the management team highlighted the revolution that Open AI opened on November 30 with general access to generative AI. An unprecedented leap in PLN and the democratization of AI. A disruption to the entire PLN industry. It was cited that according to McKinsey, l.Generative AI could add the equivalent of $2.6 trillion to $4.4 trillion annually across the 63 use cases they analyze. Considering the impact on the software, this estimate doubles. In other words, the AI is called upon to generate a business whose volume is equivalent to the GDP of the United Kingdom.
The five key points of the generative AI strategy were summarized by the management team in:
- Technology is key. Generative AI talent and marketing.
- Development of verticals and product development.
- Smart marketing.
- Financial positioning.
- Alliances.
Creation of a city intelligence vertical
Within the indicated strategy, the management team pointed out the negotiations that are being carried out with the Metropolis Foundation, world leader in design and planning of cities, for the joint development of a world reference center in city intelligence from the application of AI to mobility data and the provision of personalized services to citizens.
In this regard, the alliance with Orange, Softec and Lucentia for the exploitation of tourist mobility called to exponentially increase the tourist policies of the Public Administrations (countries, CCAAs and municipalities). This alliance has been expanded in the new calls on tourist intelligence in other territorial entities inside and outside Spain.
Finally, the financial management raised three new scenarios. The first two based on the slow growth of AI in Spain and the third as a scenario
The advances in the creation of a city Intelligence vertical were presented, in collaboration with the Metropolis Foundation, and the alliances with Orange, Softec and Lucentia for the exploitation of tourist mobility were mentioned.
Financial results and perspectives
The management team presented the financial results already closed for the previous financial year 2022. As notable facts: the strong development of technology, product and SaaS around generative AI and the exploitation of the user experience of the success stories developed without exhausting the funding round carried out months before the COVID lockdown in September 2019.
Regarding the new products based on generative AI collected previously, we must add the projects already mentioned in previous years «Mentor» (assistance of the elderly) and «Ports 4.0» (container unloading automation) whose development phase has recently been completed. This second product will be marketed in collaboration with other partners such as Sopra Steria. Regarding the first, working groups have been set up with ONCE and Bumenaria, among other associations and entities.
In addition, the achievement of a closing with a billing level with breakeven and exceeding one million euros in turnover during 2022. In general, although the company has prioritized publicizing its products and services with contracts of less than €15.000, it has won all the approvals and public and private tenders in Madrid, Barcelona or other cities that are a reference in the sector in Spain.
Likewise, in terms of "smart" marketing» The management team highlighted the development of various agreements with the main technology companies to promote joint marketing of our AI products.
In relation to the vertical Universities The agreement with Amazon (AWS) to address student retention in Spanish universities was highlighted. Likewise the tool e-tutor, called to revolutionize the study and understanding of knowledge subjects that students of any level must pass. In the Public Administrations, the potential of the tourist mobility asset 8 and its extensions, eg. cities)
On the bases indicated, the team added a "generative AI scenario" to the usual scenarios, giving input to the new products and services of the Group 1MillionBot. This is a scenario that would imply a "jump" in the company's income statement multiplying the current income by "n" times. Given the recent development of all of them (makeabot, 100% AI Office, The new version of Millie, LLM models…) a significant impact is expected in the 2024 and 2025 financial years.
The Board of Partners unanimously approved the accounts and reports presented, in a clear testimony of the confidence they have in the innovative path that 1MillionBot is charting in the world of artificial intelligence.
Report / Presentation of the Presidency
