Orangekloud Introduces AI-Powered No-Code Application Development Platform at GITEX Global
Orangekloud Technology (Nasdaq: ORKT) unveiled its AI-powered no-code application development platform at GITEX Global in Dubai. The platform integrates artificial intelligence agents and large language model (LLM) techniques to automate app development, streamlining page creation and component integration. Developed in collaboration with AI Singapore's 100 Experiments programme, this technology aims to revolutionize app development efficiency. The company expects this innovation to drive significant revenue growth and facilitate expansion into new markets.
Orangekloud Technology (Nasdaq: ORKT) ha svelato la sua piattaforma di sviluppo applicazioni no-code alimentata dall'IA a GITEX Global a Dubai. La piattaforma integra agenti di intelligenza artificiale e tecniche di modelli linguistici di grandi dimensioni (LLM) per automatizzare lo sviluppo delle app, semplificando la creazione di pagine e l'integrazione dei componenti. Sviluppata in collaborazione con il programma 100 Experiments di AI Singapore, questa tecnologia mira a rivoluzionare l'efficienza dello sviluppo delle applicazioni. L'azienda si aspetta che questa innovazione generi una significativa crescita dei ricavi e faciliti l'espansione in nuovi mercati.
Orangekloud Technology (Nasdaq: ORKT) presentó su plataforma de desarrollo de aplicaciones sin código impulsada por IA en GITEX Global en Dubái. La plataforma integra agentes de inteligencia artificial y técnicas de modelos de lenguaje grande (LLM) para automatizar el desarrollo de aplicaciones, simplificando la creación de páginas y la integración de componentes. Desarrollada en colaboración con el programa 100 Experiments de AI Singapore, esta tecnología tiene como objetivo revolucionar la eficiencia en el desarrollo de aplicaciones. La empresa espera que esta innovación impulse un crecimiento significativo en los ingresos y facilite la expansión a nuevos mercados.
오렌지클라우드 테크놀로지(나스닥: ORKT)는 두바이에서 열린 GITEX Global에서 AI 기반 코드 없이 애플리케이션을 개발할 수 있는 플랫폼을 공개했습니다. 이 플랫폼은 인공 지능 에이전트와 대규모 언어 모델(LLM) 기술을 통합하여 애플리케이션 개발을 자동화하고 페이지 생성 및 구성 요소 통합을 간소화합니다. AI 싱가포르의 100 Experiments 프로그램과 협력하여 개발된 이 기술은 애플리케이션 개발 효율성을 혁신하는 것을 목표로 하고 있습니다. 회사는 이 혁신이 상당한 수익 성장과 새로운 시장으로의 확장을 촉진할 것으로 기대하고 있습니다.
Orangekloud Technology (Nasdaq: ORKT) a dévoilé sa plateforme de développement d'applications sans code alimentée par l'IA lors du GITEX Global à Dubaï. La plateforme intègre des agents d'intelligence artificielle et des techniques de modèles de langage de grande taille (LLM) pour automatiser le développement d'applications, simplifiant la création de pages et l'intégration de composants. Développée en collaboration avec le programme 100 Experiments d'AI Singapore, cette technologie vise à révolutionner l'efficacité du développement des applications. L'entreprise s'attend à ce que cette innovation génère une croissance significative des revenus et facilite l'expansion vers de nouveaux marchés.
Orangekloud Technology (Nasdaq: ORKT) hat auf der GITEX Global in Dubai seine KI-gestützte No-Code-Anwendungsentwicklungsplattform vorgestellt. Die Plattform integriert Künstliche Intelligenz-Agenten und Techniken großer Sprachmodelle (LLM), um die Anwendungsentwicklung zu automatisieren und die Erstellung von Seiten sowie die Integration von Komponenten zu optimieren. Diese Technologie wurde in Zusammenarbeit mit dem 100 Experiments-Programm von AI Singapore entwickelt und zielt darauf ab, die Effizienz der Anwendungsentwicklung zu revolutionieren. Das Unternehmen erwartet, dass diese Innovation ein erhebliches Umsatzwachstum antreiben und die Expansion in neue Märkte erleichtern wird.
- First-mover advantage in integrating AI and LLM into no-code app development
- Strategic partnership with government-backed AI Singapore program
- Potential for revenue growth through new market expansion
- Technology advancement that could improve operational efficiency
- No immediate revenue impact reported
- Uncertain timeline for commercialization and market adoption
Insights
The introduction of AI-powered no-code development capabilities represents an incremental advancement rather than a revolutionary breakthrough. While integrating LLMs into app development is noteworthy, several established players like Microsoft Power Apps and Google AppSheet already offer AI-assisted development features. The platform's success will heavily depend on execution and differentiation in a crowded market.
The collaboration with AI Singapore adds credibility but doesn't guarantee commercial success. The lack of specific metrics about performance improvements, pricing strategy, or concrete partnership agreements from GITEX makes it difficult to assess the actual business impact. The announcement appears more focused on technological capabilities than tangible business outcomes.
Singapore, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Orangekloud Technology Inc. (Nasdaq: ORKT) (“Orangekloud” or “the Company”), a Singapore-based technology company offering the eMOBIQ® No-Code platform for the development of mobile applications, today reported that the Company last week introduced its AI-powered no-code application development platform at GITEX Global, among the world’s most established large-scale tech exhibitions.
The event, which took place in Dubai from October 14-18, saw Orangekloud demonstrate the newly developed platform, which is among the first to integrate artificial intelligence agents and large language model (LLM) techniques to automate the app development process. This AI technology streamlines the app development process by accelerating page creation and automating the integration of different components, making it faster and more efficient to build and connect pages.
This platform was developed via a collaboration with AI Singapore (AISG)’s 100 Experiments programme, a government initiative designed to augment Singapore’s AI capabilities and accelerate the nation’s digital economy.
“We are thrilled to have completed the development of this groundbreaking AI-powered no-code platform, and had the opportunity to introduce it at GITEX,” said Orangekloud founder and CEO Alex Goh. “We believe the platform made a highly favorable impression with both industry leaders and potential partners, and we expect these connections – as well as others we will soon make – to produce significant revenue growth and facilitate expansion into new regions and industries.”
Chief Operating Officer Steven Chu added, “The growth we’ve experienced, supported by AISG, has been crucial for our platform’s development. Their expertise has provided significant technical assistance to Orangekloud during this time. We are truly grateful for this collaboration and look forward to future partnerships with AISG.”
“We are confident that this technology, which is among the first to integrate AI and LLM techniques into no-code app development technology, has the potential to truly revolutionize the speed and efficiency with which apps can be built and deployed – and we’re optimistic this advance is going to result in a big step forward for our Company.”
Mr. Goh said he looked forward to announcing additional news on this milestone “in the near future.”
About Orangekloud Technology Inc.
Orangekloud Technology Inc. (Nasdaq: ORKT) is a Singapore-based technology company which offers the eMOBIQ® No-Code platform to develop mobile applications specially designed for Small and Medium Enterprises (SMEs) and corporations. The eMOBIQ® suite of mobile applications designed to digitalize and streamline business processes in operations includes warehousing, sales ordering, delivery, and manufacturing. eMOBIQ® customers come from various industries, including food manufacturing and food service, precision engineering, construction, retail, energy, and warehouse management.
FORWARD-LOOKING STATEMENTS
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OrangeKloud Technology Inc. Investor Relations Contact:
1 Yishun Industrial Street 1 #04-27/28 & 34 Aposh Building Bizhub
Singapore 768160
(+65) 6317 2050
Email: ir@orangekloud.com
Investor Relations Inquiries:
Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, 5th Floor
New York, New York 10036
Office: (646) 893-5835
Email: info@skylineccg.com
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