Connect with us
European Gaming Congress 2024

Artificial Intelligence

FRESHA INVESTS IN YUV TO REVOLUTIONIZE HAIR COLORING WITH CUTTING-EDGE TECHNOLOGY

Published

on

fresha-invests-in-yuv-to-revolutionize-hair-coloring-with-cutting-edge-technology

LONDON, Oct. 21, 2024 /PRNewswire/ — Fresha, the world’s leading marketplace platform for beauty, wellness, and self-care, today announced a strategic investment and partnership with Yuv, a cutting-edge company specializing in AI-powered hair color technology. This collaboration sets the stage for Fresha to further cement its position as the go-to platform for salons and beauty professionals globally, offering unparalleled innovation and efficiency.

Fresha boasts a network of over 120,000 beauty businesses worldwide, with salons making up a large portion of its partners. Hair coloring is a significant revenue driver for salons but remains one of the most complex services to manage effectively. By integrating Yuv’s groundbreaking technology, Fresha is set to revolutionize the hair coloring process—enhancing precision, streamlining inventory management, and delivering personalized and consistent services for clients. This strategic move further reinforces Fresha’s position as an industry leader, providing salons and beauty businesses with the advanced tools they need to elevate both their service quality and operational efficiency.
Hair coloring is a complex service that requires precision and consistency. Yuv’s technology allows salons to save personalized hair color formulas directly in customer profiles, ensuring a consistent and tailored experience for every client. For salon owners, this means they can offer a high-quality, customized service every time, which not only strengthens client loyalty and drives repeat business but also contributes to environmental sustainability.
Beyond enhancing the client experience, Yuv’s technology significantly improves inventory management. Integrated into Fresha’s backend systems, the solution provides salons with real-time insights into product usage and automates restocking processes. This not only reduces waste and lowers costs but also ensures that salons always have the necessary products on hand, optimizing efficiency and profitability.
By addressing these critical pain points with an innovative solution, Fresha expects to increase platform stickiness and deepen merchant loyalty. The integration of Yuv’s technology further embeds Fresha into the day-to-day operations of its largest vertical, strengthening its competitive advantage in the beauty space.
“Investing in Yuv aligns with our mission to provide the most advanced tools to beauty professionals,” said William Zeqiri, Founder and CEO of Fresha. “Hair coloring is a cornerstone of the salon business, and by addressing the complexities of this service, we’re adding significant value to our platform. This partnership will transform how salons operate and positions Fresha as the most trusted and indispensable platform for beauty and wellness businesses worldwide, reinforcing our role as the industry leader.”
“We’re thrilled to join forces with Fresha,” said Francisco Gimenez, Founder and CEO of Yuv. “Partnering with Fresha provides us with the platform and reach we need to revolutionize the salon experience on a global scale. Together, we’re set to transform how professionals and clients approach hair coloring, creating a more efficient and personalized process that benefits everyone involved.”
To date, Fresha has raised over $185 million in venture capital funding, including a $150 million Series C round in 2021 led by General Atlantic. Fresha boasts a network of over 120,000 merchants, with a strong presence in the United States, United Kingdom, Canada, Australia, New Zealand, and Europe. The platform’s reach extends across 120 countries, where customers book tens of millions of appointments monthly. Fresha has facilitated transactions worth over $35 billion in gross merchandise volume, showcasing its significant impact on the global beauty and wellness industry.
About Fresha
Fresha is the leading marketplace platform for beauty and wellness trusted by millions of consumers and businesses worldwide. Fresha allows consumers to discover, book and pay for beauty and wellness appointments with local businesses via its marketplace, while beauty and wellness businesses and professionals use an all-in-one platform to manage their entire operations with an intuitive subscription-free business software and financial technology solutions. To learn more, visit fresha.com, download Fresha on the App Store and Google Play, or follow Fresha on Facebook and Instagram.
About YUV
Yuv is a beauty tech company focused on transforming the hair industry through innovation and sustainability. Its flagship product, the yuv Lab, is the world’s first smart device designed for freelancers and salons, offering customizable hair color formulations at the touch of a button. Compact, affordable, and efficient, the yuv Lab enhances precision in professional hair color services. yuv’s technology has been awarded two patents, and the company has developed the first refillable hair color cartridges, significantly reducing waste and promoting sustainability in the salon industry. By integrating advanced ingredient technology with eco-conscious solutions, Yuv aims to shape a more sustainable future for beauty professionals. For more information, visit www.yuv.co
Photo – https://mma.prnewswire.com/media/2533739/Fresha_Yuv.jpgPhoto – https://mma.prnewswire.com/media/2533738/Fresha_booking_Platform_Yuv.jpg
 
 

View original content:https://www.prnewswire.co.uk/news-releases/fresha-invests-in-yuv-to-revolutionize-hair-coloring-with-cutting-edge-technology-302279570.html

Continue Reading
Advertisement

Artificial Intelligence

The FII Institute Unveils Stellar Speaker Lineup and Program Details for FII8 Conference in Riyadh

Published

on

the-fii-institute-unveils-stellar-speaker-lineup-and-program-details-for-fii8-conference-in-riyadh

RIYADH, Saudi Arabia, Oct. 21, 2024 /PRNewswire/ — The Future Investment Initiative (FII) Institute is thrilled to announce the distinguished speakers and the full program lineup for the highly anticipated FII8 Conference, taking place from October 28-31, 2024, at the iconic King Abdulaziz International Conference Center.

FII8 will also feature two dynamic pre-summits on October 28: the New Africa Summit and HERizon Summit. The New Africa Summit will tackle opportunities in multiple sectors in Africa, and the evolving risk landscape, while the HERizon Summit will ignite discussions on the pivotal role of women in driving global economic growth and reshaping the future of healthcare, among other pressing topics.
Following in the footsteps of the United Nations General Assembly (UNGA) and COP29, FII8 aims to illuminate the most critical challenges facing our world today—from finance, energy, investment, policy, and artificial intelligence to business, climate change, and cutting-edge innovation. This influential conference brings together world leaders, changemakers, and thought pioneers to craft tangible solutions and foster game-changing collaborations between governments and businesses.
Key Speakers include: H.E. Sultan Ahmed bin Sulayem, Group Chairman & CEO, DP World; Stéphane Bancel, CEO of Moderna Therapeutics; Shou Zi Chew, CEO of TikTok; Laurence D. Fink, Chairman and CEO of BlackRock; Jane Fraser, CEO of Citi; Kenneth C. Griffin, Founder and CEO of Citadel; Hon. Dame Julia Hoggett, CEO of the London Stock Exchange; Travis Kalanick, CEO of CloudKitchens; Ruth Porat, President and Chief Investment Officer, Alphabet & Google; Jay Puri, Executive Vice President, Worldwide Field Operations, NVIDIA; David Rubenstein, Co-Founder and Co-Chairman of The Carlyle Group; and Dr. Eric Schmidt, Founder and CEO, Schmidt Family Foundation; Co-Founder, Schmidt Sciences, Former CEO and Chairman of Google.
With over 180 panels and 500 plus speakers, FII8 includes the Board of Changemakers sessions on Geoeconomics, Banking and Investments, Artificial Intelligence, Technology and Innovation. Selected top panels will explore topics such as “How Leaders Can Develop New Strategies to Drive Growth” and feature conclaves on Healthy Lifespan and Aging, the Future of Work, Industry 5.0, Preventive Medicine, Regenerative Cities, and the Future of AI.
Under the theme, Infinite Horizon: Investing Today, Shaping Tomorrow, the possibilities are boundless, and the potential for positive change is infinite. Join the movement to harness the power of innovation and create a brighter future for all. 
For a complete program of FII Institute’s flagship Conference visit: FII8 Webpage
About FII Institute
THE FUTURE INVESTMENT INITIATIVE (FII) INSTITUTE is a global non-profit foundation driven by data with an investment arm focused on impactful initiatives for humanity. Globally committed to environmental, social, and governance (ESG) principles, we foster great minds worldwide and turn ideas into real-world solutions in five critical areas: artificial intelligence (AI) and robotics, education, healthcare, and sustainability.
Photo – https://mma.prnewswire.com/media/2535702/FII_Institute_FII8.jpg

View original content:https://www.prnewswire.co.uk/news-releases/the-fii-institute-unveils-stellar-speaker-lineup-and-program-details-for-fii8-conference-in-riyadh-302281631.html

Continue Reading

Artificial Intelligence

Odine Announces Launch of Eureka CELTIC-Next Supported 6G Network Automation Initiative

Published

on

odine-announces-launch-of-eureka-celtic-next-supported-6g-network-automation-initiative

ISTANBUL, Oct. 21, 2024 /PRNewswire/ — Odine, a global technology partner specializing in sustainable network transformation, is pleased to announce its participation in a new TÜBİTAK-approved R&D project, supported by the European Commission’s Eureka – CELTIC-Next cluster.

This project focuses on developing innovative automation technologies for 6G networks, in collaboration with leading European technology companies, international universities, research institutes, and Türkiye’s foremost mobile operator. The initiative aims to transform network automation through the application of Open Radio Access Network (O-RAN) architecture and advanced Machine Learning (ML) techniques.
Alper Tunga Burak, CEO of Odine, emphasized the importance of this project, stating: “This initiative aligns with Odine’s global growth strategy. Our focus on artificial intelligence and machine learning as essential components of future network infrastructure will not only increase efficiency and flexibility but will accelerate the development of self-managing systems. These technologies are critical to shaping the future of 6G networks. We are proud to contribute to this project, which is set to redefine the technology landscape and further strengthen Odine’s global presence. Advancements like these are vital for understanding where the industry is headed and guiding it in the right direction.”
The project is expected to play a significant role in transforming the industry by enabling self-regulating networks through the use of O-RAN architecture and machine learning techniques. Odine will develop next-generation ML algorithms designed to enhance network performance, maximize efficiency, and enable networks to dynamically configure and optimize themselves. This initiative will also allow for the simultaneous operation of multiple ML models, ensuring the effective management of conflicting decisions. The goal is to establish Self-Organizing Networks (SoN) powered by AI and ML, capable of autonomously detecting and resolving network issues, greatly enhancing performance and operational efficiency.
About Odine:
Odine is a global partner empowering sustainable network transformation, building resilient and software-defined networks of the future. We are a leading technology company that enables global companies to evolve with a sustainable approach. With market-leading technology, holistic solutions, and collaborative partnerships, we will support you in reinventing your value creation formula fully dedicated to your success. Our resources are available for organizations to tap into whenever they need them. We work collaboratively to equip you with the power to evolve your business models, build new propositions, differentiate yourselves, and accelerate into new territories.
Odine is publicly listed on the Borsa Istanbul (BIST: ODINE), demonstrating our commitment to transparency, accountability, and delivering long-term value to our shareholders.
www.odine.com
Media Contact:Harika Nihan GündemHead of [email protected]
Photo: https://mma.prnewswire.com/media/2535652/Eureka_ODINE.jpg
 

View original content:https://www.prnewswire.co.uk/news-releases/odine-announces-launch-of-eureka-celtic-next-supported-6g-network-automation-initiative-302281582.html

Continue Reading

Artificial Intelligence

MYCOM OSI announces new leadership: Andrew Coll appointed as Chairman of the Board and Charles Bligh as the new CEO

Published

on

mycom-osi-announces-new-leadership:-andrew-coll-appointed-as-chairman-of-the-board-and-charles-bligh-as-the-new-ceo

LONDON, Oct. 21, 2024 /PRNewswire/ — MYCOM OSI, a leading independent provider of Network Assurance and Service Experience Assurance solutions to some of the world’s largest communications service providers (CSPs), today announced the appointment of Charles Bligh as its new Chief Executive Officer (CEO). Charles Bligh will succeed Andrew Coll, who will transition to the role of Chairman of the Board.

Charles Bligh, the new CEO of MYCOM OSI, is a seasoned senior leader and brings over 30 years of experience within senior leadership roles in the IT and Telecoms industry globally. He has led multiple global teams at IBM for over 20 years across IT services, software and technology. He was a main Board Director and COO of a UK service provider TalkTalk, where he had responsibility for the teams supporting consumer, B2B and wholesale customers as well as managing the IT/Network operations. More recently, Charles was the CEO of a UK listed business service company.
At MYCOM OSI, Charles will spearhead innovative strategies to deliver growth as it empowers CSPs to excel in an intensely competitive market.    
Over the last 5 years, Andrew Coll successfully led MYCOM OSI in investing heavily in a new SaaS platform, launching a range of AI, GenAI and Automation applications and solutions to support large CSP networks. This positions the business for the next phase of innovation and growth.
MYCOM OSI is a global company delivering software for global telecoms networks supporting over 2 billion subscribers. It operates in 7 of the top 10 global telecoms groups ranging from small to large CSPs (with over 400 million subscribers in a single network). The company assures and manages mobile and fixed networks to significantly reduce network incidents, improve response times, deliver advanced analytics/AI to improve customer experience, reduce customer churn and drive top line growth with the monetization of new commercial offerings.
Andrew Coll said, “We are a leading and award-winning independent provider of SaaS applications to CSPs globally. I am confident that under Charles’ leadership, MYCOM OSI will continue to drive innovation, focus on delivering exceptional customer value and building deep customer partnerships for the future.”
Charles Bligh, the new CEO, said, “I am excited to take on the role of CEO at MYCOM OSI, a global software company with innovation at its core for over 25 years. As mobile and fixed CSPs face increasing pressure to reduce operational costs, improve customer experience while introducing new services, delivering value with our advanced Automation, Analytics and AI software will continue to be MYCOM OSI’s mission. I look forward to leading the company as we invest in our industry leading software to significantly grow the business.”
To arrange a discussion with MYCOM OSI and find out more about its Service Assurance offerings, click here or contact the team at [email protected].
Media Contact Details: Jack Toye, +447719820492

View original content:https://www.prnewswire.co.uk/news-releases/mycom-osi-announces-new-leadership-andrew-coll-appointed-as-chairman-of-the-board-and-charles-bligh-as-the-new-ceo-302280673.html

Continue Reading

Trending