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Addepto Achieves Remarkable Revenue Growth, Solidifying Position as AI Innovation Leader

08-07-2024 06:52 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Getnews

/ PR Agency: BrandingBuzz.Agency
Addepto Achieves Remarkable Revenue Growth, Solidifying

Polish AI consulting company reports a 375% revenue increase over 3 years and develops a groundbreaking LLM-based product, ContextClue.
WARSAW, Poland - Addepto, a Polish artificial intelligence solutions provider, today announced exceptional revenue growth over the past three years, cementing its status as a frontrunner in AI innovation and development.

Founded in 2018, Addepto has quickly risen to prominence by delivering cutting-edge AI solutions to diverse clients, including global leaders like Porsche, SITA, and Madison Square Garden (MSG). The company's performance has been recognized through prestigious accolades such as inclusion in the Deloitte Fast 50 and Financial Times 1000 rankings.

Unprecedented Growth

Addepto has experienced explosive growth over the past three years:

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2021: 4 million PLN

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2022: 15.9 million PLN (297.5% year-over-year increase)

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2023: 19 million PLN (19.5% year-over-year increase)

The remarkable 375% revenue increase from 2021 to 2023 showcases Addepto's rapidly expanding market presence and the increasing demand for its customized AI solutions.

Innovative Projects Driving Success

Addepto's success is built on its ability to tackle unique business challenges with innovative AI solutions.

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MSG: Developed an AI-driven system to enhance fan experiences and operational efficiency at Madison Square Garden, one of the world's most famous entertainment venues.

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Porsche: In collaboration with Porsche, developed next-generation automotive solutions using a data-centric approach.

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SITA: Created a digital twin for airport operations, revolutionizing how airports manage and optimize their processes. Also developed an LLM-based support bot to streamline airport operations.

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Woodward: Implemented AI solutions that resulted in a 30% reduction in manual work through a comprehensive visual system for analyzing process capabilities.

Introducing ContextClue

In response to growing interest in Generative AI, Addepto has launched ContextClue, an LLM-powered knowledge base tool designed to simplify knowledge management across various use cases. ContextClue is particularly beneficial for developers and corporate teams, enhancing efficiency within organizations and productivity in knowledge-intensive environments.

Open Source Contribution: ContextCheck

Demonstrating its commitment to the AI community, Addepto has also released ContextCheck, an open-source framework for advanced RAG-powered chatbots evaluation. ContextCheck offers features such as:

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Interaction with a given endpoint, ask and evaluate queries

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YAML-based low-code configuration

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Automatic test set generation based on a current application

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Evaluating LLMs and RAG (Retrieval Augmented Generation) including edge use cases

"Our consistent growth and innovative projects demonstrate Addepto's commitment to pushing the boundaries of AI technology and constantly seeking real use cases where it brings true business value. With the launch of ContextClue and our open-source contributions, we're not just growing as a company - we're actively shaping the future of AI in business."

For more information about Addepto and its AI solutions, visit https://addepto.com/.
Media Contact
Company Name: Addepto
Contact Person: Sofiia Kholmetska
Email: Send Email [http://www.universalpressrelease.com/?pr=addepto-achieves-remarkable-revenue-growth-solidifying-position-as-ai-innovation-leader]
Country: Poland
Website: https://addepto.com/



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