Building Real-World Solutions for Hong Kong and Beyond
Strong local ties and access to rich data help Lynx Analytics achieve
faster time-to-market and greater product-market fit
“Enterprises in Hong Kong and the GBA are very open to using AI and analytics to improve their offerings and business efficiency.”
Now a global leader in artificial intelligence (AI) and analytics solutions and consultancy, Lynx Analytics was founded in 2010 to apply a big graph approach to addressing complex business challenges. The company came to Hong Kong in 2016 when it identified huge demand from corporations in the city and surrounding region.
“Enterprises in Hong Kong and the GBA are very open to using AI and analytics to improve their offerings and business efficiency. What’s more, solutions proven here are likely to find a ready market across the rest of China,” Gyorgy Lajtai, Co-Founder & Managing Director, Lynx Analytics, says.
Access to talent and partners
Lynx Analytics has built a multi-disciplined team of highly qualified local and international talent in Hong Kong, supported by strong relationships with academic advisors from the world’s top universities and a collaborative partnership with Hong Kong Telecom (HKT).
It began working closely with HKT in 2016. The firm is an investor in Lynx Analytics and helps it to quickly identity real customer requirements and test its prototypes in a real-world environment. Having a Hong Kong-based team is crucial to this partnership and also allows the company to develop strong ties with local customers and provide high-touch support.
“The combination of local talent and talent from overseas is at the heart of Lynx Analytics’ success,” Lajtai says. “The talent in Hong Kong is smart and efficient, with a great work ethic. Most candidates will be proficient in both English and Chinese, enabling them to work smoothly with local and international clients and teams.”
This unique mix of talent and resources helps Lynx Analytics accelerate its product development cycle and build solutions that address the real needs of enterprises in the telecom, pharmaceutical, financial services, and retail industries in Hong Kong and beyond.
Access to data
“The key building block determining the readiness of a market for AI and analytics is access to data. Crucially, Hong Kong is one of the more mature Asian markets, offering access to rich macroeconomic and corporate data,” Lajtai explains.
Both private and public sectors continue to advance industry-wide data infrastructures. On the private side, digital platforms like virtual banking and customer loyalty programmes have matured greatly over the past decade.
“Digitalization is accelerating across the public and private sectors, fostering healthy momentum for intra- and inter-industry data sharing. This creates favourable conditions for the commercial success of innovative AI and data science companies like Lynx Analytics,” Lajtai concludes.