Impactive AI has been recognized by APAC CIOOutlook Magazine as the recipient of “Top Prominent Artificial Intelligence Solutions Companies,” based on our proprietary methodology, reflecting its position in the industry. This profile has been developed by the APAC CIOOutlook research and editorial team based on insights from an interview with Doohee Chung, CEO.

Impactive AI
Leveraging AI Predictive Model for Value Creation

Doohee Chung, CEO

The ability to forecast a product's market performance is an indispensable asset for any company in a competitive market. It enables product developers to make better decisions and enhance their success rate. Artificial intelligence (AI) is utilized to perform predictive functions, necessitating a competent AI service provider that can help increase the client’s profitability and efficiency. Impactive AI addresses this need with its predictive model that covers the entire product lifecycle, from launch, production, and sale to discontinuation.

“Predictive capability is one of the most important abilities that companies should possess, and we provide the highest quality of predictive AI solutions,” says Doohee Chung, CEO of Impactive AI.

The firm’s predictive model, Deep Flow, based on machine and deep learning, helps companies maintain a high product success rate by radically transforming product lifecycle management. During the initial stage of product development, Deep Flow provides valuable insights into possible launch results, proactively identifying only the best items for future sales.

It then forecasts the product’s sales volume and total revenue generation, as well as predicts the optimal price. After the product's successful launch, the system optimizes inventory management by speculating on stock shortage and overstocking. It also supports the creation of a product portfolio that maximizes profitability and distinguishes highly successful profiles.

A pressing issue for AI service providers is the shortage or limited availability of data, a crucial requisite for continuing their services. Impactive AI circumvents this problem by using data augmentation and synthetic data techniques. Impactive AI comprises a group of highly knowledgeable and seasoned Ph.D. holders with unparalleled AI proficiency. Their dedication lies in assisting enterprises in increasing their profitability and operational efficacy. Aside from providing client support for AI-related value generation, their endeavors focus on progressive technological enhancements and the evolution of superior UX and UI designs.

Predictive capability is one of the most important capabilities that companies should have, and we provide the highest quality of predictive AI solutions

The success and effectiveness of Impactive AI’s predictive solution are demonstrated in its collaboration with domestic and international companies that have benefited from its services. In one noteworthy instance, the firm assisted a company supplying flavors to food and perfume companies in streamlining their inventory and buying management. Given the complexity of a vast repertoire of 500 flavors, the task was inherently intricate and error-prone. Impactive AI’s model reduced the time required to complete the operation from 15 days to 7 minutes every month. However, the firm’s AI model truncated the operational timeline from a monthly 15-day cycle to a mere 7-minute span, with a remarkable surge of 70 to 80 percent in overall precision levels.

Impactive AI has established itself as a highly sought-after AI partner, largely attributable to its groundbreaking 'Deep Flow' predictive model solution. This innovative offering enables clients to anticipate product performance, bolstering their prowess at generating enhanced financial value. This strategic advancement plays a pivotal role in fortifying overall operational efficiency and precision, profoundly impacting business operations.