Connect with us
European Gaming Congress 2024

Artificial Intelligence

Shoe Carnival Achieves Higher Conversion Rate and Delivers Lightning-Fast Campaigns with Amplience and Algolia

Published

on

shoe-carnival-achieves-higher-conversion-rate-and-delivers-lightning-fast-campaigns-with-amplience-and-algolia

NEW YORK, Oct. 25, 2023 /PRNewswire/ — Amplience, the AI Content company, today announced that Shoe Carnival, one of America’s largest family footwear retailers, has increased conversions and revenue, enhanced campaign efficiency, improved customer experience, and bolstered team productivity with Amplience and Algolia. To underpin its digital growth, Shoe Carnival is using Amplience’s full-stack Commerce Experience Platform, which brings together an API-first, integrated content management system (CMS) and digital asset management (DAM) with automated media and experience delivery services.

Shoe Carnival offers its customers daily promotions and hundreds of new product drops every month. As such, the company needed agility to be able to deliver fast, responsive content at scale, as that was critical to the success of Shoe Carnival’s digital customer experience. Using an outdated content management system and eCommerce solution meant that long lead times made it difficult to be reactive to business requirements and market changes – a massive problem in the world of fast-moving retail.
Through its partnership with Amplience and Algolia, Shoe Carnival can now operate at scale, respond quickly and stay ahead of the competition. Specific benefits achieved include:
An improved customer experience and increase in revenueAn increase of 6% in landing page conversions Campaigns are now created and executed in a fraction of the time by the merchandising team Last-minute campaigns can be launched almost instantly, across all channelsTeam productivity has doubledContent or navigation changes on the site can be addressed by the merchandising team directly, eliminating the need for developer time Twice as many content and search rule changes can be made in half the time it took previously”Partnering with Amplience has transformed our online experience by empowering users with the tools necessary to make impactful changes, that drive real results, in real-time,” said Courtney Grisham, Director, eCommerce, Shoe Carnival. “In order to match our customers’ expectations, we need to make changes fast, and Amplience gives us the power to do just that.”
With Amplience’s Commerce Experience Platform, the Shoe Carnival team can now schedule, preview and publish immediately to all their channels, allowing them to launch last-minute campaigns and make changes instantly. Increased reactivity has helped the teams to improve the customer experience and increase conversion rates and revenue. The merchandising team is able to create and execute new site experiences in real-time. And campaigns are now much faster, reducing time-to-market and doubling the team’s efficiency.
Where Shoe Carnival’s previous CMS was clunky and unorganized, the team stores over one million assets in Amplience’s Content Hub, which allows them to search and locate the asset they need almost instantly. For search capabilities, Shoe Carnival uses Amplience partner Algolia, leveraging their AI Search & Discovery platform to eliminate all the manual work that goes into re-ranking, returning tailored search results to customers with natural language processing and using automation to simplify workflows.
“With retail moving faster than ever, it was essential for Shoe Carnival to execute their content and campaigns quickly, and to set new promotions live daily,” said Rob Walter, Chief Revenue Officer at Amplience. “Amplience’s Commerce Experience Platform and Algolia’s Search & Discovery Platform has facilitated speed and agility in internal workflows, removing the need for developer input and allowing merchandising and marketing teams to be reactive to business changes and customer demands. We look forward to continuing to support Shoe Carnival’s needs into the future!”
Shoe Carnival is growing quickly and is planning a technological and creative redesign later this year to support an improved customer experience. They plan to more widely adopt and implement Amplience and Algolia solutions across the business, looking to the next phases of all their platforms to achieve the fastest load times as one of the primary ROIs. The team will be embracing AI and customer-centric personalization to empower employees to improve the shopping experience for their customers.
For more information on Amplience’s work with Shoe Carnival, visit https://amplience.com/case-studies/shoe-carnival/.
About Amplience
Amplience, the AI Content company, brings together data, performance insights, and generative AI that helps merchants and developers deliver persuasive content for every shopping context that fuels truly personalized, connected experiences. More than 400 of the world’s leading brands use Amplience including Crate & Barrel, Ulta Beauty, Coach, OTTO Group, GAP, Currys, and The Very Group. Amplience is backed by investors Farview Equity Partners, Sixth Street and Octopus Ventures. For more information on Amplience’s vision for AI-based content, and its platform, including Dynamic Content and Dynamic Media, please visit www.amplience.com.
About Algolia
Algolia is the world’s only end-to-end AI search and discovery platform. Our engineers invented a breakthrough use of AI to create exponentially better search & discovery. Algolia’s proprietary NeuralSearch tech combines vector-based natural language processing & keyword matching in a single API. Algolia powers 1.75 trillion search requests a year or more than 30 billion a week enabling more than 17,000 customers in 150+ countries to build blazing-fast and relevant search and discovery experiences for their in-app users and/or online visitors using any web, mobile or voice device – by surfacing the desired content instantly and at scale.
Logo – https://mma.prnewswire.com/media/2155301/4359249/Amplience_Logo.jpg
 

View original content:https://www.prnewswire.co.uk/news-releases/shoe-carnival-achieves-higher-conversion-rate-and-delivers-lightning-fast-campaigns-with-amplience-and-algolia-301965778.html

Continue Reading
Advertisement
Stake.com

Artificial Intelligence

Asia Pacific View: Foreigners Looking for the Most Practical Smart Technology at the 2024 World Intelligence Expo

Published

on

asia-pacific-view:-foreigners-looking-for-the-most-practical-smart-technology-at-the-2024-world-intelligence-expo

BEIJING, June 28, 2024 /PRNewswire/ — Bionic robots that speak both Chinese and English can have the same skin and nails as humans? A flying car powered solely by wind can have a maximum payload of 160 kg? A smart wheelchair can control its operation with just the “mind”? Kevin and Daria, two foreign bloggers, have experienced during the World Intelligence Expo held in Tianjin how the artificial intelligence can empower people’s future lives in industries such as technology, trade, logistics and cultural tourism.

 
With the theme of “Intelligent Travel Empowering Future”, the Expo integrates exhibitions, experiences and events, attracting more than 550 exhibitors and institutions from all over the world, including more than 70 well-known enterprises such as Huawei, Alibaba, Baidu and Danfoss, and 57 universities and research institutions such as Peking University, Tsinghua University, Nankai University and Tianjin University. The Expo set up 10 major themes such as artificial intelligence, intelligent networked vehicles, intelligent manufacturing and robots, covering the frontier hot spots of the intelligent industry. A number of cutting-edge new technologies, new products, and new experiences from all over the world were showcased centrally, reminding people that technology will completely change the lifestyles in the future.
At the exhibition site, various intelligent robot products such as humanoid robots, bionic robots, and intelligent robot dogs interact with the audience on the spot. They are no longer fantasies in science fiction or movies, but play an important role in monitoring, rescue, cultural tourism and other fields. In the low-altitude economic exhibition area, a number of drones, flying vehicles, and aerospace technology companies collectively display advanced technology products. A low-altitude aircraft shaped like a helicopter brought by the German company Tensor can independently complete cargo transportation, takeoff and landing according to pre-set routes according to the instructions. Robotic arms incorporating technologies such as 5G, IoT, edge computing, rocker robotics, and artificial intelligence can shoot high-frame-rate video and support autofocus, achieving effects that cannot be achieved in traditional shooting modes. Viewers can also have more novel experiences with the help of smart technology.
The Expo also hosted three major events such as the Asia-Pacific Robotics World Cup Tianjin International Invitational, the World Intelligent Driving Challenge, and the International Intelligent Sports Conference. A number of technological achievements and innovative applications were demonstrated in the competitions. For exhibiting companies, this Expo is also an opportunity to further promote the transformation of enterprises to information technology and digitalization, and will also bring huge business opportunities.
Contact: Guo RanPhone: 008610-68332663Email: [email protected] 
Video: https://www.youtube.com/watch?v=VjjzurfN_r0 Logo:  https://mma.prnewswire.com/media/2451195/logo_Asia_Pacific_View_Logo.jpg
 

View original content:https://www.prnewswire.co.uk/news-releases/asia-pacific-view-foreigners-looking-for-the-most-practical-smart-technology-at-the-2024-world-intelligence-expo-302186046.html

Continue Reading

Artificial Intelligence

Tech Companies Leading the Charge in the Transformative AI Era

Published

on

tech-companies-leading-the-charge-in-the-transformative-ai-era

USA News Group Commentary
Issued on behalf of Avant Technologies Inc.
VANCOUVER, BC, June 28, 2024 /PRNewswire/ — USA News Group – The world is changing rapidly thanks to artificial intelligence (AI), with what’s being called the Transformative AI era which comes with great benefits and also potential dangers. The economic impacts are global, with a new report from The Bank for International Settlements (BIS) urging central banks to adapt rapidly to AI advances. Now it’s become apparent how important it is for companies to understand how to harness the full potential of GenAI to secure strategic revenue growth in the coming years. The surge of AI’s usefulness is accelerating innovation in R&D, while behind the scenes tech companies are advancing the infrastructure required to keep this revolution going, including new developments from Avant Technologies Inc. (OTCQB: AVAI), Accenture plc (NYSE: ACN), Cloudflare, Inc. (NYSE: NET), Alphabet Inc. (NASDAQ: GOOG, GOOGL), and Amazon.com, Inc. (NASDAQ: AMZN).

Known for pioneering advancements in AI, Avant Technologies Inc. (OTCQB: AVAI) has persistently refined and expanded its premier offering, Avant AI™. This sophisticated AI platform, celebrated for its machine learning and deep learning capabilities, is the culmination of Avant’s efforts to deliver unprecedented and cost-effective compute infrastructure that unlocks the full potential of AI and ushers in a new era of technological advancement. 
“There is a real unmet need as rapid growth across the entirety of the AI and big data industries is outpacing the necessary infrastructure for an industry that demands exponential power and capacity while remaining cost effective,” said Avant’s CEO William Hisey in a recent address of progress on AI supercomputer-driven data centers. “Avant’s ‘edge-native’ approach doesn’t rely on cloud-based services so we can offer AI and big data companies many advantages over the more familiar ‘cloud-native’ approach, including, reduced latency, improved security and privacy, increased scalability, and reduced costs.”
In a recent strategic development, Avant entered into a Binding Letter of Intent (BLOI) with Flow Wave, LLC (FW), a prominent Florida-based firm specializing in immersible computer server technology. This agreement allows Avant to acquire up to 50 cutting-edge immersible computer servers from FW, in a transaction valued at $50 million.
“By integrating proprietary machine learning algorithms with open-source innovations into these servers, Avant is developing a highly intelligent system designed to optimize resource allocation, enhance performance, and drive unprecedented levels of efficiency and automation,” said Hisey.  “This marks the beginning of a new era for Avant Technologies, positioning us at the forefront of the supercomputer-driven data center industry and setting new standards for managing and storing AI applications.”
Flow Wave Immersible AI Supercomputer Servers are engineered for demanding AI and machine learning applications, delivering powerful processing capabilities that accelerate data analysis. Their cutting-edge cooling system is both energy-efficient and cost-effective, reducing environmental impact. These servers’ compact design facilitates easy installation in space-constrained data centers, and their robust construction ensures longevity and lower maintenance requirements.
In response to digital era challenges, Avant intends to acquire up to 50 of these high-performance servers. Their superior cooling technology boosts performance while conserving energy, aligning with Avant’s goal of providing top-tier AI infrastructure and maximizing efficiency. Additional details about the acquisition will be shared once the final agreement is secured.
In Q3 2024, Accenture plc (NYSE: ACN) brought in over $900 million in new Generative AI bookings, for a total of $2 billion fiscal year-to-date. Despite missing its overall earnings targets, the market responded by sending its shares upward.
“We achieved strong new bookings of over $21 billion, up 22% over last year, and continued to accelerate our strategy to be the reinvention partner of choice, with another 23 clients with quarterly bookings of over $100 million, bringing the total of such bookings to 92 year-to-date,” said Julie Sweet, Chair and CEO of Accenture. “We also achieved two significant milestones this quarter — with $2 billion in Generative AI sales year-to-date and $500 million in revenue year-to-date — which demonstrate our early lead in this critical technology.”
Back in May, Accenture took steps to help its clients to scale their Generative AI responsibly.
“Clients are eager to embrace the potential of generative AI, and we are ready to help them build responsible AI into every use,” said Sweet. “We do this for ourselves, and we can use that example to help our clients find success faster. Our focus is to enable our clients to innovate AI safely and be ready to seize the opportunities that AI will bring in the decades ahead.”
Recently, the cloud-based security solution provider Cloudflare, Inc. (NYSE: NET) unveiled the general availability of its AI Gateway platform. Marketed as a comprehensive interface for managing and scaling generative AI workloads, the platform has transitioned from its beta phase, which started in September 2023, to full client use after successfully handling over 500 million requests.
This launch coincides with Cloudflare’s announcement of a partnership with Hugging Face, a leading platform for AI developers. The collaboration offers a one-click global deployment for AI applications via the Workers AI platform, now also generally available. As the first serverless inference partner integrated on the Hugging Face Hub, this allows developers to deploy AI models quickly, easily, and cost-effectively on a global scale, without the need for managing infrastructure or paying for unused compute capacity.
“Workers AI is one of the most affordable and accessible solutions to run inference,” said Matthew Prince, CEO and co-founder, Cloudflare. “With Hugging Face and Cloudflare both deeply aligned in our efforts to democratize AI in a simple, affordable way, we’re giving developers the freedom and agility to choose a model and scale their AI apps from zero to global in an instant.”
In the education space, Alphabet Inc. (NASDAQ: GOOG, GOOGL) through Google, is bringing new AI tools to Google Workspace for teen students using their school accounts to help them learn responsibly and confidently in an AI-first future, and empowering educators with new tools to help create great learning experiences.
“In the coming months, we’re making Gemini available to teen students that meet our minimum age requirements while using their Google Workspace for Education accounts in English in over 100 countries around the world, free of charge for all education institutions,” said Google in a blog post. “To ensure schools are always in control, Gemini will be off by default for teens until admins choose to turn it on as an Additional Service in the Admin console.”
Google has also developed a number of resources and trainings to help students, parents and educators use generative AI tools responsibly and effectively, including a video on how teens can responsibly use AI while learning.
After recently hitting a $2-trillion valuation, Amazon.com, Inc. (NASDAQ: AMZN) continues to be a big player in the AI space. Now it’s reportedly working on its own AI chatbot that some say might be smarter than ChatGPT, named Metis, which will generate answers by grabbing info from the internet.
Metis is driven by an internal Amazon AI model known as Olympus, drawing inspiration from Greek mythology. According to sources, Olympus is a more advanced version of Amazon’s publicly available Titan model.
Amazon’s CEO Andy Jassy has noted that nearly every division within the company is engaged in some form of AI project. As a pioneer in cloud computing, Amazon has been developing machine learning, a subset of AI, for many years. Jassy recently announced that Amazon’s AI initiatives are projected to generate over $1 billion in annual revenue, with expectations of driving “tens of billions of dollars” in sales in the coming years.
However, Amazon has lagged in the realm of consumer AI assistants. An internal document from last year highlighted that Amazon “does not have a publicly or internally available product that looks and works exactly like ChatGPT.”
According to a source reported by Business Insider, the tentative launch date for Metis is September, right around the time when Amazon is set to host a big Alexa event, although the timeline could still change.
Source: https://usanewsgroup.com/2023/10/26/unlocking-the-trillion-dollar-ai-market-what-investors-need-to-know/
CONTACT:
USA NEWS [email protected](604) 265-2873
DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. (“MIQ”). MIQ has been paid a fee for Avant Technologies Inc. advertising and digital media from the company directly. There may be 3rd parties who may have shares Avant Technologies Inc., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ own shares of Avant Technologies Inc. which were purchased as a part of a private placement. MIQ reserves the right to buy and sell, and will buy and sell shares of Avant Technologies Inc. at any time thereafter without any further notice. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been approved by the above mentioned company; this is a paid advertisement, and we own shares of the mentioned company that we will sell, and we also reserve the right to buy shares of the company in the open market, or through further private placements and/or investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

View original content:https://www.prnewswire.co.uk/news-releases/tech-companies-leading-the-charge-in-the-transformative-ai-era-302185931.html

Continue Reading

Artificial Intelligence

Learning Pool Recognized with Two Industry Awards for Innovation and Product Excellence

Published

on

learning-pool-recognized-with-two-industry-awards-for-innovation-and-product-excellence

Enterprise platform recognized by eLearning Industry and the Stevie American Business Awards for AI-powered skills development, automation, and analytics capabilities.
NEW YORK and DERRY, Northern Ireland, June 28, 2024 /PRNewswire/ — Learning Pool, the leading learning technology company, today announced its recognition as a ‘Top AI Tool for Training and Education’ by eLearning Industry. Learning Pool was recognized for its personalized learning experiences at scale. The company was also awarded a Silver Stevie® in the ‘Achievement in Product Innovation’ category by the Stevie American Business Awards for its AI Conversations tool that allows learners to practice workplace conversations with an AI-powered character. With real-time insights into each learner’s identity, existing knowledge, and learning requirements, businesses can take a more wholistic approach to workplace training with Learning Pool’s platform.

According to the World Economic Forum (WEF), over half of the global workforce will need to upskill or reskill by 2025 to meet the demands of new responsibilities brought about by automation and emerging technologies. Workplace learning is a critical business function that develops and sharpens employee skills, enabling them to reach productivity more quickly, maximize performance in their current roles, and prepare for future skill requirements. Dynamic learning platforms can help organizations achieve their goals more rapidly, adapting as business priorities shift to meet ever-changing market demands.
Be it for compliance, onboarding, upskilling, or the entire business, Learning Pool’s enterprise portfolio delivers smarter learning experiences. Backed by intelligent data, Learning Pool’s platform automatically draws insights on individual performance and optimizes learning accordingly. eLearning Industry recognized Learning Pool for its:  
AI-Powered Skills Development: The AI-powered Skills Builder adopts a skills-first training approach, effectively bridging the gap between employees’ current capabilities and their target achievements. The platform offers a comprehensive view of how skill levels align with organizational objectives, enabling personalized and targeted learning programs at scale.Powerful Automation: Advanced automation capabilities enhance learner engagement by delivering timely and relevant communications based on predefined organizational conditions. This includes sharing tailored recommendations for the practical application of skills and sending reminders to learners to revisit training materials.Advanced Analytics: Real-time, actionable insights are provided through advanced analytics, optimizing learning content. By analyzing real-world learner interactions and identifying trends, patterns, and anomalies in training data, the platform expedites resolutions and improves learning outcomes.Learning Pool was recognized by The American Business Awards for its product innovation for AI Conversations:
AI Conversations: The GenAI offering allows employees to practice challenging workplace conversations with an AI-generated character. The tool leverages OpenAI’s GPT4 to provide users with convincing, conversational responses, with detailed, personalized feedback helping them improve communication and management skills. The ability to speak the responses heightens the feeling of engaging in a real difficult conversation meaning when the summative feedback is presented, learners can focus on areas of improvement.”It’s more critical than ever that organizations have the tools and resources to swiftly close the skills gap and enhance workforce readiness,” said Ben Betts, CEO, Learning Pool. “These recognitions underscore our commitment to delivering a cutting-edge platform that not only addresses immediate learning needs but also strategically prepares employees for future demands, ensuring organizations can execute their business strategies with precision and efficiency.”
To learn more about Learning Pool’s platform, click here.
About Learning Pool
Learning Pool is a learning technology company that optimizes employee performance with intelligent, data-driven experiences. Through its enterprise portfolio, Learning Pool has crafted learning journeys for thousands of organizations and their business units worldwide, enabling smarter compliance, onboarding, and upskilling. The company’s dedication to creating business impact and constantly innovating is the reason customers like Valvoline, Villeroy & Boch, and Royal Caribbean Group, choose Learning Pool to enhance the efficiency and productivity of their workforce. Founded in 2006 and headquartered in Derry, with offices in North America, Learning Pool employs 450 people worldwide. For more information, visit Learning Pool, X, and LinkedIn.

View original content:https://www.prnewswire.co.uk/news-releases/learning-pool-recognized-with-two-industry-awards-for-innovation-and-product-excellence-302185892.html

Continue Reading

Trending