This week, Hikvision, the global leader in the security industry, officially signed a contract with AlphaFlow and will use the AlphaFlow process platform to implement the intelligent management system of standards and regulations to achieve structured management of standard and regulatory texts.
Hikvision (stock code: SZ002415) was established in 2001 and is a global leading provider of smart IoT products and solutions. Relying on its deep accumulation in video perception technology, artificial intelligence and big data, it has demonstrated strong market competitiveness and growth, and its market share of security video surveillance products ranks first in the world.
The company provides products and services to customers in more than 150 countries and regions around the world, and has played an important role in major projects such as the Hangzhou Asian Games, the G20 Hangzhou Summit, the Beijing Olympics, the Shanghai World Expo, the APEC Conference, the Beijing Daxing Airport, and the Hong Kong-Zhuhai-Macao Bridge. It is one of the Fortune China 500 in 2022, the Fortune China 500 listed companies in 2023, the World's Top 500 Brands in 2023, and the Top 100 Zhejiang Enterprises in 2024.
The development of globalization has brought new forms of cross-border operations, cross-border transactions, and international cooperation to Hikvision, but it has also brought about problems such as the diversity of laws and regulations, inconsistency in regulatory standards, and increased compliance risks. How to build an intelligent regulatory platform that can actively identify risks, automate compliance processes, and continuously optimize and adapt to changes? Through comprehensive architecture analysis, Hikvision proposed the need for in-depth construction:
1. Establish a standard and regulatory original library. The company's existing large number of regulatory documents are stored online in a centralized manner to avoid application lags caused by decentralized storage, diversification, and the lack of a dynamic centralized sharing mechanism, improve the efficiency of regulatory documents, and meet the company's regulatory management in global project development.
2. Full-process management of standards and regulations. Through online preparation and revision of approval, release, version control, as well as consultation, implementation and other full-life cycle business process management, ensure that all departments and employees follow the same standards and work together efficiently to achieve intelligent unified management and control.
3. Disassembly, structuring and labeling of original regulations. Based on the AI multimodal large model and OCR technology of the AlphaFlow process platform, the imported text, pictures, tables, PDF documents, etc. are automatically recognized and converted into editable text content and system architecture tree, reducing manual operations, facilitating users to search the full text of documents, quickly locate and recommend related documents, improve query targeting, and improve the efficiency of regulatory citation.
4. Regulatory data monitoring, analysis and visualization. Through the intelligent report interpretation platform operation, regulatory update report, expert performance report, regulatory release citation report and other data, the compliance status and related indicators are intuitively presented in charts, and periodic compliance status summary reports are automatically generated for management to view, reduce risks, and help the group make efficient and scientific decisions.
5. Multi-language support. By using an AI-driven efficient translation engine, we can break language boundaries, automatically identify and translate standard and regulatory documents from around the world, reduce the difficulty of compliance management, and make cross-border projects go smoothly.
This time, Hikvision chose AlphaFlow to build an intelligent management system for standards and regulations, embed compliance into business processes, and intelligently parse unstructured regulatory texts into structured data, providing strong system data support for the full process construction of hardware products, which will greatly improve the company's operational efficiency and risk management capabilities, so as to better cope with the challenges brought by globalization.
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