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Warm Spring Blossoms iFLYTEK has entered the open 2.0 era

author:21st Century Business Herald

Text/Mu Lan

For iFLYTEK, iFLYTEK is currently ushering in the "blossoming" season after the "seeds" of artificial intelligence have landed.

On the evening of October 26, iFLYTEK (002230. SZ) released its 2021 third quarter report. According to the financial report, iFLYTEK achieved revenue of 4.549 billion yuan in the third quarter, an increase of 55.01% year-on-year, and revenue of 10.868 billion yuan in the first three quarters, an increase of 49.20% over the same period of the previous year.

The results in terms of net profit are equally impressive. In the third quarter, iFLYTEK's non-net profit attributable to shareholders of listed companies reached 305 million yuan, an increase of 298.68% year-on-year, and this indicator reached 515 million yuan in the first three quarters, an increase of 512.91% year-on-year.

To be fair, iFLYTEK's achievements are not easy. Just two years ago, iFLYTEK was caught in the external doubts that technology was difficult to effectively convert into orders, and the sudden outbreak of the new crown epidemic in the first half of last year directly led to the damage to its performance, and the revenue and profit in the first quarter fell across the board.

Today, iFLYTEK has ushered in its own "spring". "Artificial intelligence technology from the source of innovation to industrial development, first of all to experience the incubation and budding in the dark soil, and then like a grass after the wind and rain to experience the beating, in order to be able to bud to be released." On October 25, at the 4th World Sound Expo and the 2021 iFLYTEK Global 1024 Developer Festival, Liu Qingfeng, chairman of iFLYTEK, lamented, "Only by going through such a journey can we experience another cold winter and achieve continuous flower bloom every year." ”

iFLYTEK, which has gone through the cold winter, does not stop here. Facing the future, iFLYTEK has a new growth path.

Warm Spring Blossoms iFLYTEK has entered the open 2.0 era

<h4>Step into the open 2.0 era</h4>

In the face of the severe challenges of the epidemic, iFLYTEK's AI open platform has achieved great results in the past year.

Liu Qingfeng revealed that in the past year, the growth rate of the iFLYTEK open platform artificial intelligence open platform has reached 69%, the number of developer teams has increased from 1.57 million to 2.65 million, and the proportion of industrial applications has increased by 60% in the past year.

As the developer competition of iFLYTEK's open platform vane, registration continues to be hot this year. Liu Qingfeng said that the 2021 A.I. Developer Competition joined more than 60 industry partners to build 105 questions, and the number of participating teams increased by 146% to 22,472, of which 40% came from new first-tier cities, and 87% were developers and entrepreneurs under the age of 30.

Looking at the sustainability of the entrepreneurial ecology from the age of entrepreneurship, it can be predicted that artificial intelligence is a thriving, young and vigorous journey that is about to change the world.

It should be noted that in the process of the landing and application of artificial intelligence, it is no longer just a single technology, but requires systematic innovation. For example, Liu Qingfeng said that artificial intelligence to help "double subtraction" of individual teaching requires systematic innovation, which includes both all-discipline OCR recognition and knowledge graph, as well as learning path planning, semantic understanding, video understanding, speech recognition and other technologies, and formally a number of key single-point technology breakthroughs and deep integration to achieve the final effect.

Similarly, epidemic prevention and control also requires the deep integration of multiple single-point technologies, including medical knowledge base OCR recognition, knowledge graphs for auxiliary diagnosis, and voice interaction in infectious disease big data.

Therefore, Liu Qingfeng stressed that artificial intelligence needs to solve major social propositions from a single point of breakthrough to systematic innovation, which means that more developers need to participate and let developers play a role in major social propositions.

Based on this, iFLYTEK Open Platform 2.0 was officially released, and iFLYTEK will work with industry leaders to build a baseline base, open application scenarios to developers through industry low code and zero code, collect application ideas, and support the implementation of the open platform 2.0 strategy with six major measures: standard system, test platform, certification system, training platform, low code development platform, and developer competition.

"Only the prosperity of the ecology can determine the future global competition pattern of the artificial intelligence industry." Today's artificial intelligence ecology must also be prepared for future digitalization. Liu Qingfeng pointed out.

Warm Spring Blossoms iFLYTEK has entered the open 2.0 era

<h4>Create a new ecosystem for the AI industry</h4>

As one of the most important links of the annual 1024 Developer Festival, Wu Xiaoru, President of iFLYTEK, released a new "1024 Plan" on the spot, expounding the new journey and new goal of iFLYTEK to create a new digital ecology in the artificial intelligence industry from four aspects: source innovation, open cooperation, shared ecology and practice of public welfare.

Wu Xiaoru introduced that in 2021, iFLYTEK has made innovative breakthroughs in various core technologies, refreshed world records in voice, image and cognition, adhered to source innovation, and continued to lead the development of artificial intelligence. Through open data labeling, algorithm research cooperation, and capability nebula openness, the total number of AI capabilities will be maintained in the future to exceed 500, and an artificial intelligence developer ecosystem will be jointly created.

At the conference site, Wu Xiaoru also announced that the AI open platform has been fully upgraded to version 2.0. In the 2.0 version of the AI open platform, iFLYTEK and industry leaders jointly build the industry baseline base, and cooperate with developers to create industry-quality solutions, empowering smart finance, smart agriculture, smart power and other industry scenario solutions to land.

Wu Xiaoru pointed out that in the future, 500 million R&D funds will be invested every year to unite 1 million developers to carry out technology empowerment and cooperation and co-creation, and comprehensively tap the value application of the artificial intelligence industry.

"AI Open Platform 2.0 is upgraded from two-dimensional to three-dimensional in the past, from 'iFLYTEK + developer' to 'iFLYTEK + industry leader + developer'." Wu Xiaoru said that first of all, iFLYTEK and industry leaders will create a solid industry baseline base, and then developers will adapt and improve the technology and industry-specific hardware environment and scenarios, so as to provide the final complete solution.

Not only is the open platform upgraded, Wu Xiaoru said that iFLYTEK will also work with partners to solve major social propositions. Among them, in the field of education, iFLYTEK AI Education Super Brain will open up three major platforms of education big data, regional education teaching and research, and education resource management, and invest 100 million yuan per year to increase the development of the industry.

In terms of smart cities and public welfare, iFLYTEK will continue to remain open. Wu Xiaoru pointed out that the current smart city solution based on iFLYTEK super brain has covered more than 100 million people, and it is expected that in the next five years, the output value of iFLYTEK in the field of smart city will reach 50 billion, of which 30 billion will be shared with partners to jointly provide solutions for various scenarios of smart cities.

<h4>Deep ploughing education, urban application landing</h4>

As an important track for ai landing, iFLYTEK's investment in education is obvious to all, and it has also achieved good results.

In the first half of this year, iFLYTEK's education revenue accounted for 29.08%, of which education products and services achieved operating income of 1.731 billion yuan, an increase of 31.48% year-on-year. As a manufacturer in the industry with large-scale successful application cases of regional aptitude-based education projects, during the reporting period, iFLYTEK's education business as a whole achieved a contract amount of RMB1.959 billion, an increase of 76% year-on-year.

Nie Xiaolin, senior vice president of iFLYTEK, pointed out that at present, iFLYTEK's artificial intelligence + education application has taken root in schools across the country, covering 32 provincial-level administrative regions, applying more than 50,000 schools normally, and serving more than 100 million teachers and students.

Facing the future, Nie Xiaolin said that iFLYTEK has accelerated its ecological layout in the field of education, continued to build student-centered systematic innovation, and created a new era of large-scale teaching according to talents.

In the face of the practice and future planning of the development of the education ecosystem, iFLYTEK will focus on industry-university-research cooperation, release the "Education and Research Fund Funding Plan", and invest 100 million yuan in education and scientific research funds to carry out cutting-edge theoretical and applied research in three years.

At the same time, iFLYTEK focuses on the application needs of customers' comprehensive solutions, promotes product and service cooperation, and realizes the incremental value of complementary advantages, thus launching the "Partner Joint Innovation Plan", investing 100 million yuan every year, and providing more than 300 experts in the field of technology and market to carry out professional services.

In addition, iFLYTEK also focuses on the core scenarios of teaching, cooperates to promote the construction of teaching, research and co-creation platform, will promote the "Teaching and Research Alliance Public Welfare Plan", is expected to promote the construction of 10 new regional teaching and research institutions, 100 famous school alliances to add new cooperative schools, and on the basis of the existing foundation, promote the content co-creation platform to add 10,000 backbone teaching and research personnel.

Under the current wave of digital construction, the integration of artificial intelligence into the process of urban digitalization is unstoppable. Focusing on solving the problem of just need for accelerated urban development, Zhang Youguo, senior vice president of iFLYTEK, officially released the iFLYTEK Smart City Ecological Plan. He said that iFLYTEK continues to build two open systems of urban super brain and AI+ industry empowerment to support the ecological work of smart cities and help the sustainable development of cities.

"Even if it is just a seed, it is still in the dark soil, and it is not known which day it will germinate, but as long as the artificial intelligence open ecology is built, there will be a flower bloom Chinese ing in the future," Liu Qingfeng pointed out. ”

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