Ecofy: Significant plans for Generative AI & RPA
Banking Frontiers|August 2024
Shreevar Narayan, Chief Technology Officer at Ecofy, navigates the company's tech initiatives that drive business growth:
Ecofy: Significant plans for Generative AI & RPA

Ecofy has focused on being a technology-led and data-driven business. With this vision, company has focused on end-to-end digitization by leveraging cutting-edge technologies such as artificial intelligence, machine learning, and cloud computing. By recognizing that traditional technology methods would not provide a competitive edge, Ecofy has embraced these innovations to optimize and automate various business processes.

Over the next 1-2 years, Ecofy plans to significantly expand its AI initiatives, particularly in Generative Al, and harness Robotic Process Automation (RPA) to streamline operational processes. These strategic efforts aim to boost efficiency, innovation, and scalability across the organization. By leveraging advanced AI technologies, Ecofy aims to optimize workflows and deliver enhanced value to clients while maintaining a competitive edge in the rapidly evolving tech landscape.

Shreevar says: "AI and ML have significantly enhanced our underwriting and customer servicing capabilities, while cloud computing ensures scalability and cost-effectiveness. Striking the right balance between building and buying technology has been crucial in defining our landscape. This approach has accelerated our go-to-market strategy and ensured an enhanced experience for our customers and partners."

TECH PROGRESS

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