REC Limited, formerly Rural Electrification Corporation Limited, is a leading infrastructure finance company in India, specializing in financing power projects across the value chain. REC Limited is instrumental in driving sustainable development and facilitating inclusive growth across the nation by supporting investments in the Energy and Infrastructure sectors.
Navigating Innovation - REC's Dynamic Leap with Copilot
By deploying Microsoft Copilot, a cutting-edge AI-powered platform, through a close collaboration with Microsoft and Noventiq, REC is redefining their operational efficiencies and decision-making capabilities. REC Limited leverages Copilot's AI platform to automate and optimize various operational tasks, including drafting Requests for Proposals (RFPs), refining financial documents, and enhancing decision-making processes across the organization.
Future-Proofing Operations - Anticipated Benefits of Copilot for REC
Copilot streamlines REC Limited's RFP drafting and finance document refinement, slashing processing time from 10 to 2 hours per task. Additionally, AI-driven solutions optimize financial operations, reducing errors and enhancing accuracy in reporting and analysis, saving time and resources while improving overall efficiency.
REC's Journey to Partnering with Noventiq
REC Limited's decision to partner with Noventiq and Microsoft followed a rigorous proof-of-concept (POC) process, highlighting Microsoft’s extensive involvement and Noventiq’s expertise in AI solutions. This meticulous selection process ensured that REC chose partners with deep industry knowledge and a proven track record of delivering impactful AI-driven solutions. The collaboration underscores REC's commitment to innovation and strategic growth.
About Noventiq
Noventiq is a trusted advisor and consultant specializing in AI solutions for increasing productivity and efficiency. With a wealth of domain expertise and industry insights, Noventiq collaborates with clients to navigate complex challenges, capitalize on emerging opportunities, and drive business growth by leveraging cutting-edge technology.
About Microsoft
Microsoft is a global technology leader, providing a comprehensive portfolio of cloud services, software solutions, and productivity tools. Through its flagship cloud platform, Azure, Microsoft empowers organizations to build, deploy, and manage applications with unmatched flexibility, scalability, and security, driving digital transformation worldwide.