MADRID, Dec 6 — IBM has launched its Innovation Studio in Madrid, aiming to showcase the capabilities of generative artificial intelligence (AI) in business applications.
The studio serves as a collaborative space where over 40 experts work with clients to identify practical AI use cases, particularly utilizing IBM's watsonx platform.
During a six-week co-creation process, teams develop pilot projects tailored to client needs, with a focus on integrating AI technology into existing operations.
One notable project involves a logistics company that uses AI to streamline the evaluation of supplier proposals by analyzing various document formats and assessing compliance with requirements.
Another initiative assists public administration in processing legal documents, combining traditional and generative AI to automate information extraction and enhance search capabilities.
Additionally, a virtual assistant developed with the Junta de Extremadura aims to attract business investment by consolidating information on grants and subsidies, allowing users to ask questions in natural language.