Laiye Chosen as Finalist at Hong Kong Fintech Week 2020

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We are delighted to announce Laiye has been selected as a finalist in Hong Kong Fintech Week 2020, one of the most anticipated financial technology events in Asia held on 2nd to 6th November 2020.

 

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Hong Kong Fintech Week is regarded as Asia's largest fintech event and is expected to attract thousands of attendees, bringing together entrepreneurs, investors, and regulators from across the world, providing them the opportunity to deepen their understanding of financial technology, listen to prominent Fintech experts, and connect with industry leaders who are shaping the future of finance through innovative technology.

 

Laiye delivers powerful tech solutions centered around Robotic Process Automation (RPA)+ AI to assist enterprises operate more efficiently by liberating employees from monotonous and mundane tasks, thereby, allowing them to direct their skills and expertise to more value-adding jobs that require human judgment. It distinguishes itself from its competitors by refusing to confine itself solely to RPA, but rather leverages other technologies like Artificial Intelligence (AI) to maximize RPA's full potential. This is something which has been appreciated by many, including James Mi, the founding partner of Lightspeed China and an investor of Laiye: "Laiye's core team have built a unique 'RPA + AI' platform and China's largest RPA developer community. We increased our investment this round to show commitment in the company and China's growing automation market.”

 

Laiye is one of the few rising stars to be afforded the privilege of showcasing its cutting-edge products which continue to garner praise for their impressive capabilities. Since the company's launch in 2015, it has swiftly shot to success and was recently listed in the Forrester report as a large-scale Intelligent Automation RPA supplier in China. It has caught the attention of many businesses which, upon witnessing the true power of RPA, quickly became hooked and adopted Laiye's RPA+AI solutions. The firm's extensive client list boasts some major names from both the Chinese and international market, including Walmart, Nike, China Mobile, China Telecom, CHN Energy, Cathay Capital, RAAS PAL and more.

 

RAAS PAL, a Thailand-based robotics and AIoT solution provider, commended Laiye on its RPA solutions when it employed Laiye RPA Creator in the HR department to relieve the staff from repetitive, mundane tasks. In addition to automating parts of RAAS PAL's online recruitment process, Laiye also presented a virtual office solution consisting of robot employees performing a range of different tasks such as Financial Services Outsourcing and Human Resources Outsourcing. "We particularly liked the fact that we could start from small to scale. Besides the short learning curve, what touches us even more was Laiye RPA Creator's services,"commented the CEO of RAAS PAL.

 

Digital China, a leading cloud management service in China, greatly benefitted from Laiye's services. The company's technical director distinguished Laiye from other RPA suppliers, highlighting that many RPA suppliers only offer the bot to be used in code view, which raises difficulties in deployment of RPA as many staff members do not have a computing background and, therefore, struggle to use the RPA platform. However, Laiye RPA Creator combats this issue by providing a convenient visual mode while also retaining the option to switch to code-view mode, if desired. The company's technical director stresses this to be a major advantage of Laiye RPA Creator and further enthuses that upon seeing Laiye RPA Creator's benefits, Digital China expanded its use across other departments within the organisation.

 

Having already helped many businesses across the globe, we are grateful to have been provided the opportunity to introduce our solutions to more enterprises at the Hong Kong FinTech Week 2020. We are very excited to participate in the event and feel ready to have a wonderful time packed with meaningful interactions and exciting growth opportunities.

 

About Laiye

 

Founded in 2015, Laiye helps businesses achieve more, reach their full potential, and transform into smarter, more effective, efficient, productive enterprises. Laiye helps businesses and people realize their full potential by optimizing the human-machine collaborative alliance with sophisticated, dynamic, productivity-enhancing digital "workforce solutions". Laiye delivers the deepest, most advanced AI/RPA/NLP solutions to help businesses become more efficient, effective, agile, and successful. And it frees people to focus on meaningful, innovative, mission-critical initiatives.

 

Core technologies include robotic process automation (RPA), process mining, natural language processing (NLP), conversational intelligence, text recognition, and image recognition.


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