HONG
KONG, July 27, 2023 /PRNewswire/ -- CLPS
Incorporation (the "Company" or "CLPS") (Nasdaq: CLPS), today
announced the launch of its AI-generated content (AIGC) solution.
It is a result of CLPS's extensive research in AI and automation
with a focus on improving operational efficiency by reducing
project and talent delivery costs. Developed by the CLPS Innovation
Lab, the Company's research and development center, the AIGC
solution has undergone successful internal trial operations,
solidifying its effectiveness and reliability.
CLPS utilizes intelligent and automated methods to oversee the
entire project lifecycle in delivering the AIGC solution. Semantic
understanding and logical inference are facilitated using large
language model (LLM), while generative AI autonomously produces
code that adheres to standards and specifications. The code then
undergoes automated testing and optimization via an intelligent
testing system. These advancements significantly enhance project
execution speed and ensure a higher level of delivery quality.
When it comes to talent acquisition, CLPS offers a new matching
algorithm and communication mechanism. AIGC performs semantic
analysis and keyword extraction on project talent requirements,
generating talent skill matching and filtering suggestions. With
the support of RPA and big data technologies, qualified talents are
quickly assigned to their respective project positions from a vast
résumé database, effectively reducing time and talent acquisition
costs. As a result, the workload that previously required a team of
120 people in the recruitment center can now be efficiently
completed with just 20 people.
Ms. Jing Zhao, Senior Vice
President of CLPS Innovation Lab, said, "The launch of the AIGC
solution signifies a remarkable breakthrough for CLPS in the AI and
automation landscape. It is expected to play a critical role in
reducing operational costs, enhancing operational efficiency and
boosting project success rates for companies. Moving forward, we
plan to expand its coverage and gradually extend our services to
financial management, customer acquisition, and other domains,
offering more comprehensive enhancement solutions for
businesses."
Mr. Raymond Lin, Chief Executive
Officer of CLPS, commented, "In the future, CLPS overseas team will
explore ChatGPT's large-scale pre-trained language model,
seamlessly integrating big data, machine learning, and RPA, among
other cutting-edge technologies with the AIGC solution. This
strategic approach aims to significantly enhance the efficiency of
project and talent delivery while concurrently reducing costs.
CLPS remains dedicated to consistently delivering the most
competitive and innovative solutions across diverse industries and
corporate clients, empowering them to achieve success amidst a
rapidly evolving market."
About CLPS Incorporation
Headquartered in Hong Kong,
CLPS Incorporation (the "Company") (Nasdaq: CLPS) is a global
leading information technology ("IT"), consulting and solutions
service provider focusing on the banking, insurance and financial
sectors. The Company serves as an IT solutions provider to a
growing network of clients in the global financial industry,
including large financial institutions in the US, Europe, Australia, Southeast
Asia and Hong Kong, and
their PRC-based IT centers. The Company maintains 19 delivery
and/or research & development centers to serve different
customers in various geographic locations. Mainland China centers are located in Shanghai, Beijing, Dalian, Tianjin, Xi'an, Chengdu, Guangzhou, Shenzhen, Hangzhou, and Hainan. The remaining nine global centers are
located in Hong Kong SAR, USA,
Japan, Singapore, Australia, Malaysia, India, the
Philippines and Vietnam.
For further information regarding the Company, please
visit: https://ir.clpsglobal.com/, or follow CLPS
on Facebook, Instagram, LinkedIn, Twitter,
and YouTube.
Forward-Looking Statements
Certain of the statements made in this press release are
"forward-looking statements" within the meaning and protections of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements include statements with respect to the
Company's beliefs, plans, objectives, goals, expectations,
anticipations, assumptions, estimates, intentions, and future
performance. Known and unknown risks, uncertainties and other
factors, which may be beyond the Company's control, may cause the
actual results and performance of the Company to be materially
different from such forward-looking statements. All such statements
attributable to us are expressly qualified in their entirety by
this cautionary notice, including, without limitation, those risks
and uncertainties related to the Company's expectations of the
Company's future growth, performance and results of operations, the
Company's ability to capitalize on various commercial, M&A,
technology and other related opportunities and initiatives, as well
as the risks and uncertainties described in the Company's most
recently filed SEC reports and filings. Such reports are available
upon request from the Company, or from the Securities and Exchange
Commission, including through the SEC's Internet website at
http://www.sec.gov. We have no obligation and do not undertake to
update, revise or correct any of the forward-looking statements
after the date hereof, or after the respective dates on which any
such statements otherwise are made.
Contact:
CLPS Incorporation
Rhon Galicha
Investor Relations Office
Phone: +86-182-2192-5378
Email: ir@clpsglobal.com
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SOURCE CLPS