coeo opens AI Lab in Berlin

Competence centre and incubator launches in June

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coeo Group GmbH, the leading digital and AI-based debt collection company in Europe, is pleased to announce the opening of its new AI Lab in Berlin. This significant expansion underlines the company's commitment to shaping the future of debt collection and beyond by utilising cutting-edge technologies and methodologies.

The new AI Lab will serve as a centre of excellence and incubator where the most advanced AI modules will be developed and implemented to not only further increase the efficiency and productivity of debt collection processes, but to optimise almost all business areas, create a more innovative working environment for employees and provide significantly improved customer service.

Berlin was deliberately chosen as the location for the AI Lab as the city is recognised as one of Europe's leading tech hubs. With its dynamic environment and wealth of talent, Berlin offers the ideal conditions for driving forward pioneering developments in the field of artificial intelligence.

Under the leadership of Dr Kevin Yam, Chief Innovation and Technology Officer (CITO) at coeo and a PhD in physics, an interdisciplinary team of AI engineers, data scientists, software developers and industry experts will fully exploit the potential to develop pioneering AI solutions in order to offer innovative solutions that go far beyond traditional debt collection services.

‘The opening of our AI Lab in Berlin is a milestone for coeo,’ says Sebastian Ludwig, CEO of coeo Group GmbH. "Since 2022, the development of generative artificial intelligence has accelerated exponentially. All forms of AI will fundamentally change and revolutionise business areas, entire industries and all of our lives in the future. It is not a necessity to use AI, but a great opportunity - the dawn of a new era. Together with our technology partners, we will create the best basis for developing groundbreaking solutions with impressive implementation speed and thus significantly advance the industry".

The coeo Group GmbH is already looking forward to bringing a breath of fresh air into the future of receivables management with the commencement of the AI Lab's work.

Contact for queries
coeo Inkasso GmbH
Sarah Lehmann
Head of Marketing & Public Relations
Phone.: +49 2133 2463-0
presse@coeo-inkasso.de