Beijing, September 4, 2023 – Lark, a leading provider of business tools, has announced the release of its upgraded multi-dimensional spreadsheet, which boasts a single-table capacity of over 1 million rows, marking a significant leap forward in the capabilities of business intelligence tools. The new version of the spreadsheet, along with other innovative business tools and cross-border compliance solutions, aims to provide substantial cost savings and efficiency improvements for Chinese enterprises.
Since the introduction of its multi-dimensional spreadsheet in 2020, Lark has witnessed rapid adoption and recognition among users. The company revealed that the monthly active users of Lark’s multi-dimensional spreadsheet have reached 6 million, with users creating nearly 40 million tables and processing over 10 billion records in the past year alone.
This tool has proven to be a cost-effective solution for major business needs in renowned companies such as Pop Mart, Yuanqi Forest, and NIO. Importantly, these business systems were built by front-line employees without technical expertise, showcasing the democratization of technology in the workplace.
The latest version of Lark’s multi-dimensional spreadsheet now features a database that allows for a single-table capacity exceeding 1 million rows, and dashboards can handle up to 10 million rows of data, making it the highest in the global market among similar products. With its enhanced performance, complex calculations involving 100,000 rows and 100 columns can be completed in just 5 seconds.
Lark has also introduced a new generation of dashboards, which are no longer just simple calculations and data presentations. They now offer a range of functionalities, including advanced calculations, chart component grouping, and statistical analysis, with interfaces that can rival the world’s top BI systems.
The new Lark multi-dimensional spreadsheet not only boosts productivity and efficiency but also breaks through the digital skills ceiling for professionals, helping businesses achieve cost savings and efficiency gains. When paired with AI large models, it becomes an indispensable tool for workers.
Lark has further integrated AI capabilities by collaborating with Kimi, an AI assistant, to automatically fill out forms in the multi-dimensional spreadsheet. Users can now leverage the ‘field shortcut’ feature in Kimi Reading Assistant to perform in-depth analysis, understanding, translation, and summary of documents such as Word, PDF, Excel, and images, enabling batch processing and automation.
The ‘field shortcut’ is a field-level open capability in Lark’s multi-dimensional spreadsheet, supporting third-party developers to integrate AI capabilities into users’ business systems. Kimi Reading Assistant is one of the first third-party ‘field shortcuts’ to be introduced.
Lark is currently offering a free trial of Kimi Reading Assistant for its multi-dimensional spreadsheet users. After the trial period, users will need to register as developers on the Kimi Open Platform, obtain their API Key (or have their company’s IT staff obtain a unified API Key), and then enter it into the field configuration to use the feature.
Looking forward, Kimi Reading Assistant will be expanded with more practical functionalities, such as web search and website summary.
The release of Lark’s enhanced multi-dimensional spreadsheet and AI integration marks another step forward in the digital transformation of businesses, providing a powerful tool for organizations to streamline operations, enhance productivity, and reduce costs.
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