ProgramsSpring 2024 Industry Capstone ProgramProjectsGenerative AI-driven Licensing Information Recommendation System

Project Title: Generative AI-driven Licensing Information Recommendation System

Wolters Kluwer United States Inc.

Details
Project Title Generative AI-driven Licensing Information Recommendation System
Project Topics Legal, Regulatory, Compliance Operations Product Design & Development Software Design & Development
Skills & Expertise
Project Synopsis: Challenge/Opportunity
This project is with the company Wolters Kluwer.

Wolters Kluwer is a global leader in professional information, software solutions, and services for the healthcare, tax and accounting, financial and corporate compliance, legal and regulatory, and corporate performance and ESG sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.   

Wolters Kluwer reported 2022 annual revenues of €5.5 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 20,000 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.

For more information about the company, please visit the following link: https://www.wolterskluwer.com/en

Challenge:

The challenge our organization faces is the need to streamline and enhance the process of obtaining licensing information for individuals and businesses in different locations and industries. The current approach often involves complex and time-consuming research to identify the specific licensing requirements, which can be a significant barrier in quick turn around time.

Opportunity:

The opportunity we aim to seize is to leverage cutting-edge generative AI and Natural Language Processing (NLP) technologies to create an innovative solution that simplifies and accelerates the licensing information retrieval process. By doing so, we can provide an efficient and user-friendly tool that not only benefits our organization but also empowers individuals and businesses to navigate the licensing landscape with ease.

Through this project, we aim to harness the power of AI to address the following opportunities:

    Efficiency: Reduce the time and effort required to access licensing information by providing quick and accurate recommendations.

    User Empowerment: Empower users to make informed decisions regarding licensing requirements, fostering entrepreneurship and economic growth.

    Data Utilization: Harness the valuable data within our licensing database, making it more accessible and useful to a wider audience.

    User Engagement: Create an engaging user experience that encourages feedback and continuous improvement.

Overall, the challenge is to simplify the often complex and opaque licensing requirements, and the opportunity lies in deploying advanced AI technologies to make this information readily available, user-friendly, and tailored to the unique needs of each applicant. This project not only enhances our organization's service offerings but also positions us as an industry leader in utilizing AI for the benefit of our clients and the broader business community.
Project Synopsis: Activities/Actions Required
Project Synopsis: Expected Results

Project Timeline

Wolters Kluwer United States Inc. - Generative AI-driven Licensing Information Recommendation System
Due Date
Activities
Deliverables
Status
Action
Tue, 01/02/24
12:00 AM EST (UTC-05:00)
Initial Onboarding Information
No Deliverables
No deliverables are required for this action item.
Description:
The application for the Industry Capstone Program closed on December 29th. Starting on January 2nd, the Graduate Management Team will begin reviewing student resumes and applications. Over the next week or so, students will receive individualized emails with their project match, registration information, and next steps.

Once a student accepts their project match, they will be manually registered for the correct section of MGT 809. Please note that this is a three-credit course. Afterwards, students will be e-introduced to their faculty advisor, MBA (team) Lead, and student team members. 

If you have any questions regarding our application matching process, please email businessprojects@stevens.edu for support. 

All matched students will receive an email before January 12, 2024.
Wed, 01/17/24
12:00 AM EST (UTC-05:00)
First Day of Classes & Academic Calendar
No Deliverables
No deliverables are required for this action item.
Location: Virtual
Event Description:
The first day of classes is January 17, 2024. All matched students will have received their project match and onboarding information (via email) prior to this date. Most teams will have their initial, virtual, meeting within the coming week or so.

Students should be checking their Stevens email for important messages from their faculty advisor, MBA Lead, and Kate Marsden (Manager, Industry Capstone Program). Students should also view/save a copy of the academic calendar so that they are aware of important dates for the semester ahead:

https://www.stevens.edu/office-of-the-registrar/academic-calendar
Wed, 01/17/24
12:00 AM EST (UTC-05:00)
Stevens Brand Guidelines
No Deliverables
No deliverables are required for this action item.
Description:
The Stevens Brand Guidelines webpage is a helpful resource to utilize throughout the semester!

https://www.stevens.edu/brandguide

Feel free to download a virtual background (from this webpage) to utilize for Zoom meetings with your faculty advisor, student team, and corporate partner(s). We also encourage students to utilize a professional background for the midterm & final presentations.

MBA Leads: Please download the PowerPoint Presentation Template for your midterm and final presentations. Kate Marsden will also contact each MBA Lead, prior to these presentations, with instructions & specifics.
Wed, 01/17/24
12:00 AM EST (UTC-05:00)
Industry Capstone Program Webpage & Resources
No Deliverables
No deliverables are required for this action item.
Description:
For information regarding the Industry Capstone Program, please visit the following link:

https://www.stevens.edu/industry-capstone

If you need any support, throughout the semester, please contact Kate Marsden. Kate is the Manager for the Industry Capstone Program and can be reached via email at businessprojects@stevens.edu with any questions, comments, or concerns that you may have. She is also available for 1-1 appointments, upon request, either via Zoom or on-campus. 
Sat, 02/10/24
11:59 PM EST (UTC-05:00)
Student Pre-Kick-off Self-Assessment Form
Required Evaluation
Evaluation submission is required.
View
Description:
Student Pre-Kick Off Self Evaluation | January 2024

All Industry Capstone Program students are encouraged to complete surveys, via CapSource, throughout the semester. These surveys help provide our Graduate Management Team with important feedback about the course and overall experience.

Ideally, students should complete this form as early as possible in the Spring 2024 Semester. We understand that the first 1-2 weeks of the semester are typically spent onboarding, getting to know your team members, etc. This form will be available until 01/31/24 at 11:59 PM EST.

If you have any questions, please do not hesitate to contact our team at businessprojects@stevens.edu for support. 
Fri, 02/23/24
11:59 PM EST (UTC-05:00)
Student Temperature Check
Required Evaluation
Evaluation submission is required.
View
Description:
#1 Student Temperature Check | January - February 2024

All Industry Capstone Program students are encouraged to complete surveys, via CapSource, throughout the semester. These surveys help provide our Graduate Management Team with important feedback about the course and overall experience.

If you have any questions, please do not hesitate to contact our team at businessprojects@stevens.edu for support. 
Mon, 03/18/24
12:00 AM EST (UTC-05:00)
Midterm Presentation Information
No Deliverables
No deliverables are required for this action item.
Description:
The chronological mid-way point of the semester is March 6th. Ideally, midterm presentations should be held during the weeks of March 18th or March 25th. No presentations will be held during the week of spring break. 

Kate Marsden will outreach to each MBA Lead to determine the best day & time for a virtual, midterm presentation. Once a day/time is solidified, she will send the faculty advisor & student team members a calendar invite with a Zoom link. She will also send the MBA Lead for each team important instructions and best practices for a successful presentation. Each presentation is scheduled for 45 minutes: students will have about 20-25 minutes to present, followed by Q&A from our Stevens Graduate Management Team.

Please note that corporate partners are not included in the midterm presentations, just the final presentations in May.
Mon, 04/01/24
12:00 AM EST (UTC-05:00)
Midterm Presentation Submission
Required Action Item
Required Deliverable
Deliverable submission is required.
View Calendar
Description:
The MBA Lead for each team is responsible for uploading a copy of their midterm presentation here. If you have any questions or issues, please email Kate Marsden at businessprojects@stevens.edu for support.
Deliverable Instructions:
The MBA Lead for each team is responsible for uploading a copy of their midterm presentation here. If you have any questions or issues, please email Kate Marsden at businessprojects@stevens.edu for support.
Mon, 04/01/24
12:00 AM EST (UTC-05:00)
Final Presentation Information
No Deliverables
No deliverables are required for this action item.
Description:
Kate Marsden will outreach to each MBA Lead, in early April, to schedule final presentations. 

Once a day/time is solidified, she will send the faculty advisor, corporate partner, and student team members a calendar invite with a Zoom link. She will also send the MBA Lead for each team important instructions and best practices for a successful presentation. Each presentation is scheduled for 45 minutes: students will have about 20-25 minutes to present, followed by Q&A from our Stevens Graduate Management Team and corporate partner.
Fri, 04/05/24
11:59 PM EST (UTC-05:00)
Student Temperature Check
Required Evaluation
Evaluation submission is required.
View
Description:
#2 Student Temperature Check | Post-Midterm Presentation

All Industry Capstone Program students are encouraged to complete surveys, via CapSource, throughout the semester. These surveys help provide our Graduate Management Team with important feedback about the course and overall experience.

If you have any questions, please do not hesitate to contact our team at businessprojects@stevens.edu for support. 
Tue, 05/14/24
12:00 AM EST (UTC-05:00)
Final Presentation Submission
Required Action Item
Required Deliverable
Deliverable submission is required.
View Calendar
Description:
The MBA Lead for each team is responsible for uploading a copy of their final presentation here. If you have any questions or issues, please email Kate Marsden at businessprojects@stevens.edu for support.
Deliverable Instructions:
The MBA Lead for each team is responsible for uploading a copy of their final presentation here. If you have any questions or issues, please email Kate Marsden at businessprojects@stevens.edu for support
Tue, 05/14/24
11:59 PM EST (UTC-05:00)
Student Post-Engagement Self-Assessment Form
Required Evaluation
Evaluation submission is required.
View
Description:
Student Self Reflection Survey | End of Spring 2024 Semester

All Industry Capstone Program students are encouraged to complete surveys, via CapSource, throughout the semester. These surveys help provide our Graduate Management Team with important feedback about the course and overall experience.

If you have any questions, please do not hesitate to contact our team at businessprojects@stevens.edu for support. 
Fri, 05/17/24
11:59 PM EST (UTC-05:00)
Industry Mentor Post-Engagement Team Assessment Form
Required Evaluation
Evaluation submission is required.
View
Description:
Thank you for participating in our Industry Capstone Program, this Spring 2024 Semester. If interested, please complete the following survey to describe your experience. If you have any questions or additional feedback, please contact Kate Marsden at businessprojects@stevens.edu for support. Wishing you a great summer ahead!