The signal flight is not only good at voice, but also commercial application of artificial intelligence.
As the first domestic artificial intelligence company, HKUST has not only industry-leading artificial intelligence core technologies, but also matured and sustained development of AI technology in education, government, telecommunications, finance, and automotive.
Understanding the science and technology of the United States and fly, for us to explore the application of artificial intelligence technology and business model has important reference significance. This article will give a detailed introduction and analysis of the development history, financial performance, and technical level of HKUST, as well as the industry application represented by education, government, and automotive.
HKUST News: Strong revenue growth, leading the industry in artificial intelligence
Founded in December 1999, HKUST News was founded by a group of master graduate students who graduated from the voice direction of China University of Science and Technology. Before 2000, the development of voice technology in Mainland China was slow. Most of the voice research bases established in mainland China were Microsoft, IBM, Motorola and other multinational companies. The establishment of Information Flight filled the gap in the research and application of voice technology in China.
In 9 years, Xunfei achieved 200 million revenues and over 50 million profits from 0. The market share of Chinese speech synthesis technology has been maintained at about 70%. Voice technology has been widely used in telecommunications, finance, government, education and other fields. .
In May 2008, the HKUST flight was listed on the Shenzhen Stock Exchange, and its market value has reached 37.9 billion. In the first half of 2016, the company achieved revenue of 1.462 billion yuan, an increase of 47.7% over the same period of last year. From 2012 to now, the company's revenue has maintained a stable growth of over 40% at a high speed.
Source: HKUST’s annual report
Behind the strong growth, on the one hand, it is relying on the core technologies of intelligent voice and artificial intelligence developed and accumulated by Information Flight for many years. On the other hand, it has benefited from the commercial applications of Information Technologies' continuous expansion of technology.
In terms of technology, Information Technologies is leading the world in cognitive intelligence and cognitive intelligence. Perceived intelligence, Newsflash has achieved the 27 languages ​​of today from the earliest Chinese speech synthesis, and many of the indicators are the highest in the world. The accuracy of speech recognition under high noise remains the industry leader, surpassing the U.S. speech leader Nuance. In terms of cognitive intelligence, AIUI supporting far-field recognition, full-duplex, multi-round interaction and other features is a key core technology in the fields of smart car, smart home, and intelligent robots. In addition, X-Flight has already achieved automatic evaluation of Chinese and English composition. The robot-like answering robot project led by X-Flight is trying to get the robot to take a test in the next three to five years. Each year, Information Technology invests more than 20% in R&D, and technical personnel account for 67%. Adhering to the research and development of the underlying core technology is the source of strength for the company's continued rapid development over the years.
Table 1 The research achievements of HKUST fly in the various fields of artificial intelligence, data source: HKUST’s annual report
In terms of applications, X-Flight has applied voice and artificial intelligence technologies to various fields such as education, government, telecommunications, finance, automotive, mobile Internet, smart home, big data, etc., and has gradually expanded from 2B and 2G to 2C, actively building applications. The ecosystem of various industries.
This article will focus on the analysis of areas where education, government, and automobiles have a relatively high share of the three major areas with high growth potential, and briefly introduce the application and financial performance of several other businesses.
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