With an average pass rate of 2%, APEX Technologies successfully enters Phase III of the Tencent AI Accelerator Program!
On August 16th, the third phase of the Tencent AI Accelerator Program was started. With fierce competition and a strict pass rate of just 2%, APEX Technologies (previously Chinapex) has been successfully selected from 1500+ projects. This means that APEX Technologies has officially become a partner of Tencent’s smart industry ecology, and will also be deeply integrated with Tencent’s smart industry businesses.
Selected Companies
APEX Technologies & Tencent AI Accelerator Program
On August 16th, the third phase of the Tencent AI Accelerator program was held in Beijing under the overarching theme of “Technology-Driven Industry Acceleration”. After a plethora of rigorous reviews by executives, Tencent AI technical experts, university experts and professors, senior investors and a media observation group, the industry’s highly regarded star enterprise APEX Technologies emerged from a selection of 150 companies and successfully advanced to the ultimate TOP 30 based on its core competitiveness, business model, market demand and other multi-dimensional core strengths.
The Tencent AI accelerator program relies on several of its core technologies such as AI Lab, Utu Lab, its Cloud platform and computing capabilities and leverages its partners’ rich application scenarios to provide instructor courses, technology, capital and business ecology for the selected projects. By co-creating industry AI solutions with the selected 30 projects, Tencent aims to promote the application of AI technology in the industry.
AI-driven customer experience improvement, is the enterprise revenue accelerator of the future
The Tencent AI Accelerator Program supports projects with financial and technological resources. The Tencent ecological platform, Yunqi, is used as a unified gateway to connect Tencent’s internal and external partners’ ecological resources with the selected companies.
In the first two phases of the AI accelerator program, the 65 projects selected from a global 1500+projects had an overall valuation of 66.2 billion Yuan. After 9 months of acceleration, the average valuation has increased by a factor of three . It is worth mentioning that Tencent AI Accelerator Phase III selectees will receive a Tencent Investment.
Connect AI technology and industry scenarios to help increase corporate data value
Cheng Hao, founding partner of Yuanwang Capital, noted that the implementation of AI technology is still key to enterprise development.
For medium and large B2C companies, the ability to use customer data to enhance marketing efficiency, enhance customer experience, maximize customer lifetime value, ultimately improve performance and profit, and extract strategic value from customer data is becoming a core competitive advantage — and this is based on AI and data science.
As a leading domestic customer data platform(CDP) solution provider, APEX Technologies is creating AI-driven solutions that cover all business needs from data to operation and from insight to decision making. Its products and services have been profoundly personalized and refined on all levels. Vertical application scenarios such as cross-selling, loss warning, sleeping customer awakening, customer experience improvement, and intelligent customer insight analysis, are just a couple of use cases and allow businesses to connect with their rapidly changing customer base.
As a common choice of enterprises as Maserati, Starbucks, Spring Airlines, Bank of China and others, APEX Technologies will leverage the support of the Tencent AI accelerator program in the field of technology, resources, tutorship, marketing, investments, etc.
With AI and data science at the core, the next generation of business applications will truly drive the value of data.
