#USA #AI Technology #Palo Alto #Boardwalktech #Velocity Platform

Boardwalktech's AI-Enhanced Velocity Platform Expands Use Among Key Clients

Introduction

In a significant development, Boardwalktech Software Corp. (TSXV: BWLK, OTCQB: BWLKF) has revealed that three of its esteemed clients—Levi Strauss & Co., SiTime Corporation, and Sekisui Specialty Chemicals—are broadening their utilization of its AI-enhanced Velocity platform. This strategic shift underscores the rising trend of integrating AI capabilities to streamline business processes and optimize operational efficiency, allowing organizations to modernize their workflows without the burden of expensive system overhauls.

The Impact of AI on Business Processes

As organizations increasingly harness the power of artificial intelligence, Boardwalktech’s platform is positioned as a key player in enabling this transition. The newly adopted capabilities within the Velocity platform aim to enhance automation, visibility, and overall efficiency of operations. For instance, by employing AI to automate request for proposal (RFP) and request for quotation (RFQ) processes, a prominent semiconductor firm experienced an impressive 8.6% surge in deal flow. Additionally, their average quote response time improved dramatically—from 8.2 days down to just 2.9 days—while their win rates leaped by 15.8%. The result? Millions of dollars generated in additional revenue.

Customer Validation and Future Prospects

Andrew Duncan, CEO of Boardwalktech, emphasized that the decision by Levi, SiTime, and Sekisui to expand their use of Boardwalktech's solutions exemplifies the value of combining AI with the company's robust digital ledger technology. He states, "These expansions demonstrate the value our customers are realizing from combining AI with the trusted foundation provided by our patented digital ledger technology." This reinforces the effectiveness of the company’s technology strategy and highlights the growing demand for accessible enterprise AI solutions.

As businesses seek to deploy AI-powered solutions atop well-governed data environments, Boardwalktech continues to engage with their existing clientele while actively pursuing new prospects to facilitate the broader adoption of their Velocity platform and its innovative AI functionalities.

AI Capabilities in Velocity

Boardwalktech’s AI capabilities embedded in the Velocity platform present various benefits to organizations, including:

• - Accelerated Process Automation: Automate tedious manual tasks to enhance productivity.
• - Proactive Exception Management: Identify and address issues before they escalate.
• - Enhanced Visibility: Improve operational workflows with comprehensive insights.
• - Knowledge Preservation: Retain institutional knowledge and operational history to prevent knowledge loss.
• - AI-Ready Data: Supply data with full provenance and audit trails, ensuring reliability.

These features are integral for enterprises striving to improve their mission-critical operations while realizing tangible ROI.

About Boardwalktech Software Corp.

Founded on innovation, Boardwalktech Software Corp. stands as a leader in the realm of digital ledger and AI technology. Its patented platform is utilized by Fortune 500 companies to power critical enterprise applications, enabling simultaneous multi-party collaboration while maintaining data integrity and auditability. Headquartered in Palo Alto, California, with operations in India and North America, Boardwalktech is committed to delivering robust enterprise applications swiftly through seamless integration into existing systems.

Conclusion

As Boardwalktech's Velocity platform continues to evolve, the expanded adoption by established companies highlights a broader shift in the market towards AI-driven solutions. This trend not only affirms the company’s strategic direction but also positions it to meet the growing demands of modern businesses seeking innovative ways to enhance their operations.