News | Marketing Events | Marketing Technologies
GFG image

News

Bain & Company makes pioneering deployments of state-of-the-art AI tools worldwide

Bain & Company makes pioneering deployments of state-of-the-art AI tools worldwide

artificial intelligence 27 Sep 2023

  • Groundbreaking suite of 12 AI tools rolled out to teams and offices since early 2023

  • Cutting-edge technology includes Sage, a proprietary ChatGPT-powered platform that rapidly synthesizes firmwide information, data and insight to drive client work

  • Tools will fuel teams' productivity and maximize value delivered for clients

Bain & Company is pleased to confirm more details of its pioneering use of artificial intelligence tools it has developed and is deploying worldwide to equip its 18,500-strong multi-disciplinary teams with an extensive and powerful suite of cutting-edge AI technology.

The groundbreaking AI tools have been rolled out across the firm in planned phases since early in 2023.

At the core of the technology solutions now enabling 'Bainies' worldwide with AI to enhance their efficiency, productivity, and the effectiveness of their work is Sage, a state-of-the-art proprietary chat platform powered by GPT 4.0 LLM from OpenAI. Sage provides Bain teams ability to generate incredible insights leveraging the wealth of Bain's collective proprietary data and expertise in matter of seconds.

It combines this with a simple and seamless front-end for users, allowing Bainies to harness it to accelerate and strengthen innovation and the development of business ideas and solutions firm-wide.

Sage is one of 12 generative AI-based tools Bain has deployed. It was developed in collaboration with OpenAI, the company behind the large-language-model AI technologies ChatGPT and GPT-4, with which Bain & Company formed a global strategic alliance in February this year.

"The world continues to find powerful uses for AI that fuel innovation, productivity and business growth. It's vital for companies to identify not just how AI will impact them, but to also master how they can benefit from this technology that will be critical to long-term competitive advantage," said Manny Maceda, Bain's worldwide managing partner. "At Bain, we understand the importance of exploring these new capabilities now and of equipping our teams with the tools to bring AI's full potential to our clients."

In addition to Sage, Bain is also implementing a full range of other AI-powered tools across the firm. These include Microsoft Copilot, which harnesses the power of generative AI to enhance productivity by performing routine tasks, draft content, and summarizes insights across the Microsoft Office product suite.

Other examples of Bain's proprietary generative AI capabilities include the Expert Call Guide Draft Generator which assists in drafting interview guides and a tool which categorizes datasets and provides sentiment analysis. Still more AI tools are in development at Bain with the goal of deploying AI securely, safely and at scale in the firm.

"I am incredibly proud of what our firm and our technology and knowledge teams have been able to accomplish as we realize and leverage the benefits of AI," said Ramesh Razdan, Bain's global chief technology and information officer. "Rolling out new technologies at this level can be challenging, especially when the technology is still evolving. Our teams have been exceptional in providing the market-leading capabilities and the proper training necessary to effectively deploy generative AI, helping employees understand what these tools can do for them."

OpenX Announces ConteX, the Next Generation of Contextual Solutions for Brands and Agencies to Target Ad Campaigns Safely, Effectively, and at Scale

OpenX Announces ConteX, the Next Generation of Contextual Solutions for Brands and Agencies to Target Ad Campaigns Safely, Effectively, and at Scale

technology 27 Sep 2023

ConteX represents the future of contextual buying by delivering effective targeting, contract-free activation, and broader scale in privacy-safe environments.

OpenX Technologies, Inc., one of the world’s leading omnichannel supply-side platforms, today announced the launch of ConteX, an OpenX marketplace within the SSP that empowers brands and agencies to activate a variety of both off-the-shelf and custom premium contextual solutions without complicated contracts and long wait times.

As targeted media-buying evolves in response to third-party cookie deprecation, 54 percent of marketers plan to increase the use of contextual data in their campaigns. This means buyers are increasingly looking for regionally compliant targeting solutions that deliver on accuracy and quality without having to strike individual deals with a variety of data partners.

ConteX offers buyers contract-free contextual targeting capabilities, enabling them to activate premium data partners directly within the SSP, with pre-negotiated terms. This enables advertisers to easily deploy the solutions that work best for their region without going partner-by-partner to strike deals.

This new solution also offers buyers the opportunity to contextually target on the supply-side, delivering improved accuracy, more premium supply, and unprecedented insight into programmatic campaigns. ConteX signals another step forward for OpenX in its ongoing commitment to building tools that prioritize both innovation and quality.

Each ConteX premium data partner uses a different, proprietary methodology to enable buyers to reach highly targeted audiences in any environment without leveraging cookies or authenticated IDs:

  • Audigent, a data activation, curation, and identity platform
  • Captify, a search intelligence platform for the open web
  • Permutive, an audience platform powered by publisher first-party data
  • Silverpush, a hyper-contextual advertising platform powered by AI
  • Sqreem, a digital behavior aggregator where AI merges deep insights and media targeting

Contextual targeting has become increasingly intelligent and effective, with ConteX’s data partners going well beyond on-page content: Rather than targeting cooking enthusiasts via cooking content, they build models to predict audience behavior and target cooking enthusiasts in any vertical or type of premium content they’re engaging with.

To activate these segments, OpenX works directly with the data partner to set up the audience and share a data-driven deal ID with the buyer, who then activates the deal ID within their DSP of choice.

“This innovation in supply-side curation and targeting provides easily accessible contextual segments, regionally relevant privacy compliance, and increased personalization, leading to higher return on ad spend,” said Andrew Tu, Managing Director, APAC at OpenX. “As a leader in targeting globally, OpenX’s strategic size allows both scale and a focus on premium inventory by building innovative tools such as ConteX.”

Rembrand Taps Cory Treffiletti as Chief Marketing Officer To Accelerate Rembrand's Growth with Large Brands

Rembrand Taps Cory Treffiletti as Chief Marketing Officer To Accelerate Rembrand's Growth with Large Brands

artificial intelligence 27 Sep 2023

Treffiletti brings successful record from BlueKai, Oracle Data Cloud & Voicea as well as multiple successful stints in ad agency leadership to drive growth for this rapidly expanding channel

Rembrand, the Product Placement Platform powered by Generative AI, today is announcing the hiring of Cory Treffiletti as Chief Marketing Officer. Treffiletti rejoins a team that has been consistently successful with companies such as BlueKai, Oracle Data Cloud and Voicea, as well as his own prior experience in the advertising agency business with such early successes as i-Traffic, Freestyle Interactive and Carat Fusion. The arrival of Treffiletti signals the rapid growth that Rembrand has seen since launch earlier this year. Back in February, Rembrand announced its automated approach to leveraging AI to identify and insert virtual product placement at scale for brand advertisers.

"I am very excited to again work with this team," said Treffiletti. "We've seen much success in the past with our prior ventures, and I truly value the chance to do it again. We are quickly building a new category for brand advertisers to reach a targeted audience at scale. Product Placement offers a unique opportunity that essentially guarantees attention for brands in highly impactful content, and now we can offer it in hours rather than weeks, at scale like paid search or display advertising does."

In a very short time, Rembrand has launched campaigns with multiple Fortune 100 brands while establishing relationships with hundreds of Content Creators who publish video content on YouTube and Tik Tok. In these campaigns, Rembrand has proven that it can offer large advertisers a way to be integrated quickly into high-quality video content. Initial results have shown that consumers who are seeing Virtual Product Placement (VPP) are 10x more likely to pay attention to the brands embedded in the content. This level of awareness and engagement is more efficient and less interruptive than traditional sponsored posts. This gives brands a highly efficient media-like' way of integrating their products into organic content.

"Cory knows how to engage with the audience of marketers and advertisers better than most anyone else, and we have a proven track record working together on multiple businesses," said Omar Tawakol, CEO of Rembrand. "He was a natural for us to bring into the team to help us spur the growth of the business."

Mediaocean Reintroduces Flashtalking Brand to Unleash the Power of Creative in Advertising

Mediaocean Reintroduces Flashtalking Brand to Unleash the Power of Creative in Advertising

advertising 27 Sep 2023

Relaunch of ad tech stack accompanies new research on creative impact for omnichannel marketers

Mediaocean, the mission-critical platform for omnichannel advertising, announces the reintroduction of Flashtalking as the leading independent ad tech stack for creative relevance and activation across all digital marketing channels. With refreshed branding and a new website to reflect its vision for the future of advertising, Flashtalking provides innovative solutions for the world’s biggest brands to unleash the power of creative and make media work better. In the latest G2 Fall 2023 Reports, based on authenticated customer reviews, Flashtalking was named a Leader in both Creative Management Platforms and Cross-Channel Advertising.

“We are incredibly excited to roll out a fresh Flashtalking brand and extend our leadership in the Creative Ad Tech category. This update comes just as the industry’s view could not be clearer: creative personalization is what’s driving outcomes for omnichannel marketers,” said Ben Kartzman, COO of Mediaocean and Flashtalking. “Seeing the results our platform delivers motivates our team to continue innovating and, with AI at the core of our stack, the future is very bright for our company and clients.”

The unveiling also coincides with the Q3 release of a timely research report, “Breaking through the Digital Ad Ceiling with Creative Personalization.” The findings reflect a growing recognition that Creative Ad Tech built for automation, relevance and intelligence is what drives breakthrough campaigns at scale. In fact, 97% of marketers report that personalized ads drive higher conversions and customer engagement while 79% said they view creative optimization as part of working media budgets.

A cross-vertical survey reveals sentiment that programmatic media has matured, incremental lift is harder to attain, and advertisers are looking for the next thing to drive their business growth. Among key campaign levers, including audience targeting and bid management, creative optimization emerged as the variable which will have the biggest impact for omnichannel marketers. To that point, 96% of respondents said that creative will be more important in advertising campaigns over the next 10 years.

Additional findings from the research shine a light on key challenges and opportunities when it comes to creative personalization:

  • Lack of insights and intelligence: 91% of those surveyed are experiencing major blind spots when it comes to creative intelligence.
  • Siloed teams: 90% say siloed teams lead to inefficiency and slow go-to-market.
  • Disparate technology: 73% think that brand messages have become increasingly disconnected from how consumers experience them in their world.

The survey was conducted using TechValidate to gather insights from 100 leaders at brands, agencies, media providers, and tech companies across ten verticals, including Automotive, Consumer Packaged Goods, Direct-to-Consumer, Entertainment, Financial Services, Pharma/Health, Retail, Technology, Telecommunications, and Travel. Please visit www.flashtalking.com/infographic to see a snapshot of the results.

“This research presents itself at a pivotal moment for our company, partners, and clients. It’s clear that the gap between creative and media grows wider by the day. Consumers are inundated with irrelevant and repetitive messages. Meanwhile, marketers have blind spots about what they’re running and what’s working,” said Grant Parker, Mediaocean and Flashtalking CRO. “To meet the industry need, we have re-upped our mission and commitment to Creative Ad Tech, equipping marketers worldwide with advanced tools for creative personalization and optimization. Now is the time to integrate creative ad tech into omnichannel media workflow and Flashtalking is leading the way.”

MGID Partners With Pixalate to Address Ad Fraud and Monitor Traffic Quality

MGID Partners With Pixalate to Address Ad Fraud and Monitor Traffic Quality

advertising 27 Sep 2023

MGID, the global advertising platform, today announced its strategic partnership with Pixalate, the market-leading ad fraud protection, privacy and compliance analytics platform.

Pixalate’s software will work in tandem with MGID’s proprietary fraud protection solution, adding a layer of third party verification to monitor traffic quality and filter out bots and invalid inventory.

Ad fraud, particularly in programmatic advertising, has long impacted marketing budgets. The proliferation of artificial intelligence raises the likelihood for fraudulent activity due to the ease with which made-for-advertising sites can generate content. MGID’s world-wide network of advertisers will benefit and see a greater return on investment from the increased protection – reduced wasteful spending while ensuring that ads appear in safe, high quality environments, and are viewed by real consumers.

“The integration of Pixalate’s software is indicative of MGID’s ongoing commitment to reducing fraudulent traffic across the online advertising supply chain,” said Oleksii Borysov, VP of Product at MGID. “We look forward to working with Pixalate to closely monitor our traffic quality, ensuring ad spend is only going to legitimate publishers whose success is vital to the health of the open web.”

“We are excited to announce our partnership with global advertising platform, MGID.” said Brooke Huntley, VP of Product Management MRT Products at Pixalate. “By incorporating our fraud protection, privacy, and compliance analytics platform, MGID is further strengthening its commitment to reducing fraudulent activity for both their clients and the wider advertising industry.”

parcelLab Launches Campaign Manager to Empower Personalized Post-Purchase Customer Journeys

parcelLab Launches Campaign Manager to Empower Personalized Post-Purchase Customer Journeys

customer experience management 27 Sep 2023

The new functionality is designed specifically for marketing and digital teams that want to leverage high-engagement communications

parcelLab, the premier global provider of post-purchase customer experience software, today announced the launch of Campaign Manager. The new intuitive, self-service content tool that empowers non-technical users to easily set up, run, and measure the impact of post-purchase marketing campaigns. A product within the parcelLab Engage suite, Campaign Manager provides retailers with statistical visibility when creating or updating audience segments for more impactful post-purchase communications that drive brand loyalty, engagement, and revenue.

Segmented customer experiences are critical for brands looking to drive engagement and repeat customer orders. Since the second purchase a customer makes is more profitable than the first, personalization is vital to driving growth. To meet this need, Campaign Manager provides a seamless user interface (UI) for ecommerce, product, marketing and customer support teams to quickly leverage high-engagement communications for audiences that boost customer retention all in one place. Users can build influential campaign audiences based on tracking stages, individual rules, or rule groups. For highly targeted audiences, users can easily combine groups based on data, including products ordered, customer location, marketing segment, or order-specific information such as delays. The solution also enables visual campaigns for a targeted audience that drives click-through.

With Campaign Manager’s dynamic design, brands can tailor use cases based on the business impact they wish to achieve, including reduction in shipment inquiries such as unsuccessful or delayed, mobile app adoption, foot traffic to physical stores, and customer loyalty programs. With data-driven visibility over campaign reach for a defined audience segment, brands can strengthen personalized touchpoints with value-added and memorable content such as tutorials, guides, and inspiration for a specific product. Campaign Manager also enables brands to market to those who have signed up for campaigns with targeted promotions for new customers that drive higher engagement.

“We can easily find 100 use cases for Campaign Manager,” said Marten van der Meer, Knowledge Specialist for a global multi-channel retailer. “We look forward to exploring those possibilities with parcelLab to enhance our post-purchase communications further.”

“Retailers need to effectively target repeat customers as customer acquisition costs continue to rise,” said Tobias Buxhoidt, Founder and CEO of parcelLab. “Campaign Manager enables brands to make data-driven decisions on campaigns based on clear insights regarding impressions, click-through rate, and comparison between multiple campaigns to target repeat customers effectively. parcelLab is committed to working with our global clients to drive growth by enabling them to manage the post-purchase experience efficiently while boosting profitability through meaningful, personalized touchpoints.”

“Our company’s business model demands high volume and cross-border shipments, which include multiple processes across different geographies to deliver the package successfully,” said José Pedro Sá, Senior Business Analyst – Delivery, FARFETCH. “By launching Campaign Manager, we enhanced the delivery experience for customers by sending alerts for additional customs clearance information required. We reduced delivery-related contacts by 30-40% in the first roll-out and are now expanding the solution to new locations to localize the customer experience and best serve our customers.”

AudioEye Wins 2023 SaaS Award for Best Accessibility Innovation in a SaaS Product

AudioEye Wins 2023 SaaS Award for Best Accessibility Innovation in a SaaS Product

technology 27 Sep 2023

AudioEye, Inc. the industry-leading enterprise SaaS accessibility company, today announced it has won the award for Best Accessibility Innovation in a SaaS Product in the international SaaS Awards program. Now celebrating its 8th year, The SaaS Awards continues to recognize and honor SaaS innovations from all corners of the world, including past winners such as IBM, SAP and Evernote.

"It's an honor to be named an innovator in digital accessibility," said David Moradi, CEO of AudioEye. "We've long recognized that the accessibility gap is too large to be solved with legacy solutions alone — and we're thrilled the judges cited our investment in AI as a potentially transformative approach to creating a more inclusive and accessible web."

This award recognizes AudioEye's comprehensive approach to digital accessibility, pairing powerful, AI-based automation with a team of certified accessibility experts. In the last year, AudioEye has debuted several enterprise-grade accessibility solutions, including:

  • An Accessibility Maturity Management (AMM) program that helps organizations assess their current level of accessibility and define the right investments to make measurable progress toward more accessible user experiences and organizational alignment.
  • An Accessibility Health Advisor (AHA) that enables organizations to track what steps they need to take to be compliant with accessibility laws, like the Americans with Disabilities Act (ADA), and notifies the organization of any new accessibility guidelines they need to adopt.
  • Continued investment in the use of generative AI and Large Language Models (LLM) to find and fix complex accessibility issues that typically require time-consuming human analysis.

"AudioEye's technology, which not only identifies accessibility issues but also takes proactive steps to automate fixes, sets a new standard for inclusivity in the digital world," said Monambigha Mohanasundaram, Lead Judge at The SaaS Awards. "Their investment in cutting-edge AI and collaboration with the disability community exemplifies a transformative approach to digital accessibility."

While many organizations are investing more time and money into the online customer experience, digital accessibility efforts continue to lag. Just 3% of the world's top one million websites are accessible to people with disabilities. These limitations can prevent them from accomplishing essential tasks online, such as making purchases, managing their finances, or reading the news.

Recently, AudioEye published its first Digital Accessibility Index, which combined automated scans of nearly 40,000 enterprise websites with expert audits from members of the disability community to identify the web's most common accessibility issues. Of the 2 million pages scanned, every single page had at least one accessibility error — and the average page had 37 elements (such as images, links, or headers) that failed one of the success criteria of the Web Content Accessibility Guidelines (WCAG). 

Infosys collaborates with Microsoft to accelerate and democratize industry-wide adoption of generative AI

Infosys collaborates with Microsoft to accelerate and democratize industry-wide adoption of generative AI

artificial intelligence 27 Sep 2023

Both companies will help enterprises take an AI-first approach to scale next-generation AI solutions to improve operational efficiencies, drive revenue growth, and enable business transformation

Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced that it is collaborating with Microsoft to jointly develop industry leading solutions that leverage Infosys Topaz, Azure OpenAI Service and Azure Cognitive Services. Both organizations are bringing together their respective artificial intelligence (AI) capabilities to enhance enterprise functions with AI-enabled solutions across multiple industries. The integrated solutions will accelerate rapid democratization of data and intelligence that will help businesses increase productivity and drive new revenue growth.

Generative AI has opened new avenues of AI applications and key enterprise functions across industries, and Infosys is providing services, frameworks, solutions, and platforms in multiple application areas, such as semantic search, document summarization, contact center transformation, AI-augmented software development lifecycle (SDLC) and marketing content creation. For example, Infosys helped a leading financial services company implement an AI-based solution to generate document summaries and provide a semantic search capability using generative AI. This resulted in automated organization of documents, which significantly reduced efforts and improved productivity of their financial advisors.

Through the collaboration with Microsoft, Infosys Topaz is using Azure OpenAI Service and Azure Cognitive Services to augment its capabilities, in order to help enterprise customers transition from digital to AI solutions. The integrated solutions will boost customers' operational efficiency, decrease turn-around-time, future-proof investments, and open new business models.

Balakrishna D. R. (Bali), Executive Vice President and Global Head – AI and Automation, Application Development & Maintenance, Infosys, said, "Infosys Topaz is empowering businesses with improved operational efficiencies and reduced time-to-market for launching new products and services. It converges the power of Infosys Cobalt and data analytics to AI-power business and deliver cognitive solutions and intuitive experiences that revitalize growth. Through our strategic collaboration with Microsoft, we will continue to lead the generative AI revolution, helping businesses amplify human potential and navigate their next towards becoming AI-first enterprises."

Nicole Dezen, Chief Partner Officer, Microsoft Corp, said, "We're pleased to expand our collaboration with Infosys to deliver innovative solutions, utilizing Azure OpenAI Service and Azure Cognitive Services, that will help customers develop new business models, and realize new revenue streams. By harnessing the power of generative AI, Infosys will help customers accelerate growth and innovation."

   

Page 1063 of 1489

REQUEST PROPOSAL