SINGAPORE, April 07, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology®
(https://www.rackspace.com/) (NASDAQ: RXT), the leading end-to-end, hybrid
multicloud solutions company, today announced that GLP is working with Foundry
for AI by Rackspace (FAIR(TM)) (https://fair.rackspace.com/ideate/ai-
diagnostic/?_ga=2.135514737.1125073920.1701096517-
2090308657.1698417157&_gl=1*17rs10a*_ga*MjA5MDMwODY1Ny4xNjk4NDE3MTU3*_ga_P5J3XFC
ZLB*MTcwMTA5NjUxNy45MS4xLjE3MDEwOTY1NTAuMC4wLjA.) and Microsoft to enable Global
Logistic Properties Limited (GLP), a leading global business builder, owner,
developer and operator of logistics real estate, data centres, renewable energy,
to become more data-driven in their asset management strategies.
A Generative AI-enabled intelligent system was developed by integrating
Microsoft Azure OpenAI Service. The system is capable of deep diving into its
data to answer complex business inquiries. GLP, an early adopter of cutting-edge
tech with deep expertise and operational insights enabled via an Enterprise Data
Lake (EDL) on Microsoft Azure using Power BI downstream reporting tools, used
this opportunity to streamline workflows further and enhance customized analysis
and reporting for different stakeholder groups by partnering with the Generative
AI experts at Rackspace Technology for a swift and effective solution to ensure
timely and accurate data retrieval for all users to take advantage of Azure
OpenAI Service with a partner with deep expertise to build a scalable solution.
The FAIR team accelerated the secure, responsible, and sustainable adoption of
Generative AI solutions across industries and partnered with GLP and Microsoft
to create a dynamic interface bot to offer seamless access to insights from the
EDL. Through AI-enhanced data-querying capabilities and a centralized hub for
open-ended data insights, GLP can engage better with the data and act on
insights covering everything from fund management to Environmental, Social, and
Governance (ESG) metrics and more.
"We are now benefiting from a Generative AI chatbot integrated with our
Enterprise Data Lake, enabling us to generate high-quality, actionable answers
to complex business queries, starting with our fund management function.
Furthermore, we can now access records of questions and chatbot responses. GLP
is currently rolling out the chatbot to the rest of the organization," said Miao
Song, Global Chief Information Officer, GLP. "Rackspace Technology not only
provided expertise and experience with Azure but also embodied a collaborative
approach - acting as the foil for ensuring everything was exactly as we needed."
"Our FAIR team has collaborated closely with the GLP team, and we have
successfully showcased the productivity gains by leveraging the transformative
capabilities of Generative AI in a demonstration to the GLP leadership team who
were in Singapore and since then, we have worked together to make data-driven
insights accessible to users intuitively and interactively," said, Hemanta
Banerjee, VP, Public Cloud Data Services, Rackspace Technology. "The synergies
we see between a user-centric interface and a robust back-end data analysis
mechanism showcase the immense potential of what this project could achieve in
future phases. We are committed to supporting organisations such as GLP in their
journey to leverage Generative AI solutions responsibly and securely. FAIR
showcases our technology-leaning dedication to innovation, commitment to open
source, and ambition to be at the forefront of data-driven solutions that
benefit our customers and partners."
"As a trusted cloud platform partner, we are delighted to support GLP in its
digital transformation journey and enable it to harness the power of Generative
AI for data-driven insights. Through Azure OpenAI Service and Power BI, we were
able to equip GLP with a scalable and secure solution to create an intelligent
system that can answer complex business queries across different domains and
functions. This solution not only enhances GLP's operational efficiency and
decision-making, but also demonstrates its leadership and innovation in the
logistics industry," said Rachel Bondi, Regional Vice President, Small, Medium,
and Corporate (SMC) at Microsoft Asia.
About Foundry for AI by Rackspace (FAIR)
FAIR (https://fair.rackspace.com/) is a groundbreaking global practice dedicated
to advancing business transformation, improving customer experience, increasing
the quality of service, and accelerating value creation through the secure and
responsible use of AI technologies. FAIR has identified over 500 use cases
across multiple industries and is working on several industry-leading
implementations for our customers across the globe.
About Rackspace Technology
Rackspace Technology (https://www.rackspace.com/) is a leading end-to-end,
hybrid, multicloud, and AI solutions company. We design, build, and operate our
customers' cloud environments across all major technology platforms,
irrespective of technology stack or deployment model. We partner with our
customers at every stage of their cloud journey, enabling them to modernize
applications, build new products and adopt innovative technologies.
APJ PR Contact: Vanessa Cremona Vanessa.Cremona@rackspace.com
(mailto:Vanessa.Cremona@rackspace.com)
Global PR Contact: Natalie Silva, publicrelations@rackspace.com
(mailto:publicrelations@rackspace.com)
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