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Box Appoints Steve Murphy to Board of Directors

Box Appoints Steve Murphy to Board of Directors

content management 20 May 2024

Murphy brings over 20 years of technology experience as former senior leader at Oracle and Sun Microsystems

Box, Inc., the leading Content Cloud provider, has announced a significant addition to its Board of Directors. Steve Murphy, Chief Executive Officer of Epicor Software Corporation, has been appointed as KKR’s designee to the Board, effective immediately. This transition comes as John Park steps down from his role on the Board after serving since 2021.

Leadership Transition Details

  • New Appointment: Steve Murphy joins Box's Board of Directors, bringing over 20 years of technology and leadership experience.
  • John Park's Departure: John Park, who has served on the Board since 2021, steps down as part of this planned transition.
  • Background on Steve Murphy:
    • CEO of Epicor Software Corporation, leading the company to over $1 billion in annual recurring revenue.
    • Held leadership roles at OpenText, Oracle, and Sun Microsystems.

Statements from the Leadership

  • Bethany Mayer, Chair of Box’s Board of Directors: "On behalf of the Board of Directors, I thank John for his outstanding leadership and commitment to Box. Steve is a fantastic addition to our Board. His success as CEO of Epicor, along with his deep understanding of the content management market, will be invaluable as we drive our next phase of growth and innovation."

  • John Park, Head of Americas Technology Private Equity at KKR: "Steve’s strong enterprise technology expertise and operational excellence in his leadership roles will be extremely valuable as Box continues to scale."

  • Aaron Levie, Co-founder and CEO of Box: "We’re thrilled to welcome Steve to Box’s Board of Directors. His experience will help expand the role we can play in the enterprise, enabling our customers to fully tap the value of their content with AI."

  • Steve Murphy: "Box is at the center of some of the most important trends in technology. It’s an exciting time to join the company, and I look forward to bringing my experience to the Board."

Background on Steve Murphy

  • Epicor Software Corporation: CEO since October 2017, leading the company to surpass $1 billion in annual recurring revenue.
  • OpenText Corporation: Served as President, responsible for all customer-facing activities.
  • Oracle: Senior Vice President of Sales and Services, managing a $9 billion North America Services Business.
  • Sun Microsystems and Manugistics: Held sales and operations leadership positions.
  • Accenture and Procter & Gamble: Led global logistics, supply chain strategy, and major enterprise resource planning implementations.

Steve Murphy’s appointment to Box’s Board of Directors marks a strategic move to bolster the company’s leadership as it continues to innovate and grow. His extensive experience in enterprise software and content management will be instrumental in driving Box’s next phase of development, particularly in leveraging AI and enhancing workflow automation for its customers.

Silktide Launches Free Accessibility Checker for Web Developers

Silktide Launches Free Accessibility Checker for Web Developers

business 20 May 2024

Silktide proudly announces the launch of the Silktide Accessibility Checker, a free Chrome and Edge extension unveiled in celebration of Global Accessibility Awareness Day (GAAD). This innovative tool aims to revolutionize how developers, content creators, and website owners test for web accessibility.

Key Features of Silktide Accessibility Checker

  • Automated Checks: Evaluates web pages against WCAG 2.0, 2.1, and 2.2 guidelines.
  • User-Friendly Reports: Provides clear, actionable insights to make issue resolution straightforward.
  • Device Simulations: Tests accessibility across desktop, tablet, and mobile devices.
  • Comprehensive Help Resources: Includes detailed guides and videos for quick issue understanding and rectification.
  • Screen Reader Simulator: Allows users to experience a screen reader without installation.
  • Color Contrast Checker: Ensures sufficient color contrast for readability.
  • Disability Simulations: Features various disability simulators to enhance empathy and understanding.

The Importance of Web Accessibility

Web accessibility ensures that websites are usable by as many people as possible, regardless of their abilities. It is increasingly recognized as a fundamental human right, with numerous laws worldwide mandating minimum accessibility standards. Regular accessibility audits are essential but can be complex and challenging to master. The Silktide Accessibility Checker aims to simplify this process, making the fundamentals of web accessibility easy to grasp.

Advantages Over Other Accessibility Checkers

Many existing accessibility checkers are designed by developers for developers, often resulting in tools that are difficult for non-experts to use. The Silktide Accessibility Checker addresses these shortcomings by focusing on ease of use and accessibility for all users.

Notably, it includes a screen reader simulator, a feature often missing in other tools, allowing users to test for a screen reader experience without the need for expensive and complex software.

The Silktide Accessibility Checker is a game-changer for web accessibility, providing a user-friendly, comprehensive tool that simplifies the process of making websites compliant with WCAG 2.2 guidelines. By making web accessibility more approachable, Silktide empowers users to ensure their content is accessible to everyone.

Stagwell and Nexxen Partner to Enhance Advertising with Advanced Data Solutions

Stagwell and Nexxen Partner to Enhance Advertising with Advanced Data Solutions

advertising 20 May 2024

Stagwell and its customers to leverage Nexxen's unified, proprietary data solutions within the Stagwell Marketing Cloud

Partnership aligns with Nexxen's launch of the Nexxen Data Platform, an expansion of its propriety data management platform

Stagwell, a leading challenger network in marketing transformation, has announced a strategic partnership with Nexxen a global advertising technology company renowned for its unified demand-side and supply-side platforms, particularly in video and Connected TV (CTV). This collaboration aims to integrate a comprehensive suite of data solutions and applications within the Stagwell Marketing Cloud, enabling advertisers to gain deeper consumer insights, enhance engagement, and drive superior results.

Key Features of the Partnership

  • Nexxen Data Platform: Nexxen introduces its enhanced data platform, building on its proprietary data management capabilities. This platform allows brands to securely input various types of data (first-party, contextual, second-party, etc.) and augment their audiences using Nexxen's unique data assets and contextual audience discovery tools.
  • Automatic Content Recognition (ACR): The platform includes ACR data to help advertisers understand viewability patterns and optimize spend across linear and digital TV.
  • Unified Identity Graph: Nexxen’s proprietary unified identity graph merges and deduplicates multiple identifiers, enhancing scale, frequency capping, targeting, and attribution at both the person and household levels. This feature is crucial for addressing privacy and identity challenges, including cookie deprecation.

Benefits for Advertisers

  • Enhanced Campaign Maximization: The partnership allows Stagwell Marketing Cloud clients to leverage Nexxen’s identity graph and Stagwell’s clean room capabilities, providing unified and comprehensive audience views across various touchpoints and devices in a privacy-compliant manner.
  • Improved Engagement: By shifting the focus from media buying to audience-based strategies, advertisers can achieve better results through enriched consumer insights and engagement.
  • Global Reach and Innovation: This partnership brings advanced data solutions to top-tier brands worldwide, promising ongoing innovation and value enhancement as data remains central to Nexxen’s strategic roadmap.

Leadership Insights

  • Mark Penn, Chairman and CEO, Stagwell: “As Stagwell expands its media ecosystem assets, our partnership with Nexxen is a win-win for clients. The integration of Nexxen’s proprietary identity graph and our clean room capabilities will enable clients to maximize their campaigns with unified views of valuable audiences.”
  • Ofer Druker, CEO, Nexxen: “The Nexxen Data Platform enriches advertisers’ consumer knowledge and engagement, driving a shift from media buying to audience buying, and achieving better results. Our partnership with Stagwell will continue to grow, adding layers of innovation and value.”

The partnership between Stagwell and Nexxen marks a significant advancement in the advertising industry, offering sophisticated data-driven tools and insights to enhance audience engagement and campaign performance. By integrating their respective strengths, Stagwell and Nexxen are poised to deliver superior value to top-tier brands globally, ensuring data privacy and compliance.

Wix Launches AI-Powered Image Enhancement Tools for Website Builders

Wix Launches AI-Powered Image Enhancement Tools for Website Builders

technology 20 May 2024

The new AI-powered tools include a new image generator, an object eraser, and an image editor with the ability to add and replace objects, empowering users to level up their site's visual content

Wix.com Ltd., a leading SaaS platform for website creation, management, and growth, has announced the launch of three new AI-powered image enhancement tools. These tools—AI Image Creator, Object Eraser, and AI Image Editor aim to help users produce high-quality, customized visual content, significantly improving the website-building experience.

New AI-Powered Tools

  1. AI Image Creator

    • Technology: Powered by Stability.ai, this tool uses AI-assisted image generation to create high-quality images.
    • Functionality: Users can input text prompts to describe the desired image, which the AI then generates in various styles, including photo, painting, cartoon, and sketch.
    • Benefits: Reduces time and cost associated with creating images, providing multiple style options optimized for web use.
  2. Object Eraser

    • Technology: Utilizes AI to enhance image quality by removing unwanted objects.
    • Functionality: Users can easily erase objects without needing prompts or professional photo editing skills.
    • Benefits: Simplifies image modification, allowing users to achieve desired visuals effortlessly.
  3. AI Image Editor

    • Technology: Allows users to edit images by adding or replacing elements using prompts.
    • Functionality: Users can highlight specific areas in an image and use prompts to change details, such as converting a wooden table to marble.
    • Benefits: Ensures high-quality, aesthetically matching images, simplifying the editing process.

Enhancing User Experience

These AI-powered tools represent a significant advancement in user-centric design, aligning AI technology with user needs. By integrating these features, Wix continues to address common challenges faced by users in website creation and management. The tools are designed to work seamlessly within the Wix platform, ensuring users don't need to leave the site for professional-grade image editing.

Leadership Insights

  • Ido Kosover, Head of Media at Wix: "These AI-powered features underscore our commitment to providing users with powerful tools that simplify the website creation process while ensuring professional-quality results. By harnessing AI, we're not only enhancing quality but also saving users from the hassle and expense of hiring professional photo editors. Users can now edit their images professionally without leaving the platform."

Commitment to AI Innovation

Wix has a long history of integrating AI into its platform, consistently expanding its offerings to empower users. These new tools join Wix's suite of AI-powered features, reinforcing the company's dedication to maximizing AI's potential in web development.

The launch of the AI Image Creator, Object Eraser, and AI Image Editor tools highlights Wix's commitment to innovation and user empowerment. These tools not only improve the quality of visual content but also streamline the website-building process, making professional-level image editing accessible to all users.

LivePerson Launches New AI Capabilities and Partnerships at Spark Event

LivePerson Launches New AI Capabilities and Partnerships at Spark Event

communications 20 May 2024

Cutting-edge Conversation Orchestration and Voice-to-Digital transformation solutions will debut with demos and keynotes at May 23 virtual Spark event

Delta Air Lines, Spotify, GoDaddy, Avaya, Eventus, Quantum Metric, and more will present in-person breakout sessions highlighting innovation in enterprise conversations

LivePerson, a leader in digital customer conversations, has unveiled a series of new capabilities, partnerships, and integrations designed to enhance customer interactions at scale. Announced at the company's Spark virtual launch event on May 23, 2024, these innovations aim to integrate and orchestrate large language models (LLMs), AI, and human agents across voice and messaging channels, ensuring more personalized and efficient customer experiences.

  1. Conversation Orchestration

    • Overview: This capability harmonizes AI, people, and enterprise architecture, streamlining customer experiences using data and AI.
    • Features:
      • Bring Your Own LLM: Integrates a wide range of LLMs into the Conversational Cloud, allowing brands control over cost, performance, compliance, and security. This includes models from OpenAI, Google, Meta, and more, as well as custom and in-house LLMs.
      • Bring Your Own Bot: Allows third-party bots from IBM Watson, Google Dialog Flow, Amazon Lex, or Microsoft to contribute to customer conversations alongside human agents and LivePerson AI agents.
      • AI Agents for Routing and Data Collection: Uses generative AI to intelligently route customers and collect information, replacing traditional, rules-based bots.
      • Conversation Orchestrator: Harmonizes data across enterprise systems, enabling use cases like agent coaching, AI content moderation, intelligent routing, and increased self-service options.
  2. Voice-to-Digital Solutions and Avaya Partnership

    • Voice Integration: Approximately 70% of customer conversations occur in traditional call centers, and LivePerson’s new capabilities aim to unify voice and digital channels.
    • Features:
      • LLM-powered Voice AI: Connects voice conversations to digital channels, automating them in human-like ways.
      • Voice Capture and Omnichannel Dashboard: Brings voice data into LivePerson's Analytics Studio for better understanding and transformation.
    • Avaya Partnership: LivePerson will integrate with Avaya, a leader in enterprise customer experience solutions, to create a unified omnichannel solution for connected, personalized customer experiences.

Leadership Insights

  • John Sabino, CEO of LivePerson: "Together with our incredible partners and customers, we're setting the new standard for harmonizing the people, AI, and automation behind world-class customer conversations. Our latest innovations ensure each conversation counts and every interaction leaves a lasting impression."

Event Highlights

  • Spark Virtual Launch Event: LivePerson's event features demos of the new capabilities, keynotes from experts and partners, and masterclasses on conversation orchestration and voice-to-digital solutions. Sessions are scheduled for 1 PM AEST, BST, and EST.
  • Featured Sessions:
    • Delta Air Lines: "Nonstop to digital customer conversations"
    • Spotify: "Maestros of connected customer and advisor experiences"
    • GoDaddy: "Leading the digital service domain"
    • Avaya: "Bringing voice into the digital fold"
    • Eventus: "Understand to Connect: Putting conversational intelligence to work"
    • Quantum Metric: "Orchestrating the customer journey"

LivePerson’s new AI-powered tools and partnerships mark a significant step forward in the evolution of digital customer conversations. By integrating advanced AI, human agents, and enterprise systems, LivePerson is set to deliver more personalized, connected, and efficient customer interactions, driving digital transformation for enterprises worldwide.

Proof and Socure Partner to Revolutionize Fraud Prevention in Digital Transactions

Proof and Socure Partner to Revolutionize Fraud Prevention in Digital Transactions

technology 20 May 2024

Socure to enhance synthetic identity and fraud detection as part of Defend, a new product by Proof to secure every critical agreement and customer interaction.

Proof, the market leader in remote online notarization and identity-secured transactions, has announced a new partnership with Socure, the leading provider of artificial intelligence for digital identity verification, sanctions screening, and fraud prevention. This collaboration aims to significantly enhance fraud prevention in agreements and forms, addressing a $200 trillion market opportunity.

The Growing Fraud Threat

According to FINCEN's 2021 report, false records and forgery account for over $45 billion in fraudulent activity annually, surpassing the $18 billion associated with money laundering and other identity-related risks. As businesses face increasing fraud risks across the entire customer lifecycle—from account openings to document notarization—the need for robust fraud prevention solutions is more critical than ever.

Innovative Solutions by Proof and Socure

  1. Proof's Defend

    • Overview: Proof's Defend leverages over 100 behavioral and data signals to combat fraud during the execution of critical agreements.
    • Industries Served: Real estate, mortgage, auto, retirement, banking, legal services, and more.
  2. Socure's Sigma Fraud Suite

    • Overview: Socure’s Sigma Fraud suite goes beyond viewing identity as a single snapshot in time. It assesses a consumer's historical behavioral patterns across institutions, geographies, and timeframes to detect anomalies indicating potential fraud.
    • Data Network: Powered by a decade of rich consortium data from the Socure Risk Insights Network, which includes data from nearly 2,400 customers across various industries such as banks, fintechs, gaming services, payment platforms, and payroll providers.

The Power of Partnership

  • Enhanced Capabilities: By integrating Socure’s digital identity verification capabilities, Proof enhances its Defend product to provide multi-layered defenses against fraud. This combined solution analyzes 30,000 signals in real-time, including PII, barcode data, device and behavioral intelligence, geolocation, and biometric signals.
  • Efficiency and Accuracy: The partnership ensures that fraudulent activities are detected and prevented in less than two seconds, without impacting the end-user experience. This makes it prohibitively expensive and time-consuming for fraudsters to evade detection.

Leadership Insights

  • Johnny Ayers, CEO of Socure: "With the explosion of new fraud vectors, our mission at Socure remains steadfast: use AI to deliver the most accurate anti-fraud and identity verification solutions in the industry. Partnering with Proof allows us to uniquely ensure identity-assured transactions across various sectors."
  • Pat Kinsel, CEO of Proof: "Fraud is an increasingly serious problem across all industries, and companies need multi-layered defenses to help prevent billions of dollars in losses. Adding Socure’s digital identity verification capabilities to Defend allows customers to secure transactions at every stage, quickly and accurately."

The partnership between Proof and Socure marks a significant advancement in fraud prevention for digital transactions. By combining their proprietary technologies, the two companies offer a comprehensive, AI-powered solution that addresses every dimension of potential fraud. This collaboration not only enhances security but also ensures seamless and efficient transactions for businesses across multiple industries.

Acquia’s 2024 Survey Reveals Digital Accessibility Gaps Impact Brand Loyalty and Reputation

Acquia’s 2024 Survey Reveals Digital Accessibility Gaps Impact Brand Loyalty and Reputation

technology 20 May 2024

More than 60% of participants say they would consider switching to a competitor due to persistent accessibility challenges

Acquia, the leader in open digital experience software, has released its 2024 Survey Report: Consumer Perspectives on Digital Accessibility. The report examines the perceptions of website users with disabilities regarding digital accessibility and the impact on brand reputation and loyalty. The findings underscore the critical need for businesses to enhance digital accessibility to meet user expectations and maintain customer loyalty.

Key Findings on Digital Accessibility Challenges

The survey reveals that 89% of participants encounter accessibility issues that hinder their interaction with websites and digital experiences. This widespread issue has significant repercussions for brands:

  • User Frustration: Nearly half of the respondents (45%) rate their frustration level as either "very" or "extremely" frustrating when facing accessibility challenges.
  • Brand Perception: A majority (71%) of users feel frustration toward a brand due to accessibility issues, with 58% feeling disappointed and 24% feeling angry. Additionally, 18% of respondents report feeling excluded.
  • User Reactions: When faced with accessibility problems, 34% of users would complain directly to the brand, 31% would discuss the issue with family and friends, and 20% would share their experiences on social media. This leads to a broader negative impact on brand perception.
  • Switching Behavior: Over half (51%) of the respondents indicated they would seek alternative accessible options, and 42% would discontinue using the brand’s services.

The Business Imperative for Digital Accessibility

The survey highlights the substantial business risks of neglecting digital accessibility:

  • Customer Loyalty: 62% of respondents would consider switching to a competitor with better accessibility features.
  • Revenue Impact: Brands risk losing a significant portion of their customer base to more accessible competitors.
  • Reputational Damage: Negative experiences are likely to be shared, amplifying the brand’s reputational damage.

The Path Forward: Prioritizing Digital Accessibility

Consumers overwhelmingly agree on the importance of digital accessibility, with 93% stating that brands should prioritize it. However, skepticism remains about companies’ commitment to making meaningful improvements:

  • Perceived Commitment: Only 27% of consumers believe companies are taking accessibility seriously and making meaningful improvements.
  • Minimal Effort: 33% think companies only meet basic regulatory compliance.
  • Marketing Tactics: 28% feel that companies talk about accessibility for marketing purposes without significant action.
  • Neglect: 12% believe companies are not considering or improving digital accessibility at all.

Expert Insights

Jennifer Griffin Smith, Chief Market Officer at Acquia, emphasizes the importance of digital accessibility: “Digital experiences are not meeting the accessibility expectations of those who need them. This is a critical business issue that requires more attention. Creating equal, accessible opportunities for all is a value all marketers and organizations should strive for.”

The Acquia survey underscores the urgent need for brands to prioritize digital accessibility. By doing so, they can improve customer satisfaction, loyalty, and ultimately, their bottom line. Addressing these accessibility challenges presents a significant opportunity for brands to expand their customer base and enhance their reputation.

As Griffin Smith concludes, “We’re talking about a large proportion of the population who would like to access, enjoy, and get value from digital experiences. As digital marketers, we should not be excluding anyone from engaging with or participating in our digital content.”

FreeWheel Report Highlights Explosive Growth in Independent Programmatic Demand for Premium Video

FreeWheel Report Highlights Explosive Growth in Independent Programmatic Demand for Premium Video

advertising 20 May 2024

Research shows that programmatic growth is being fueled by the democratization of access to premium CTV for more advertisers.

FreeWheel, a global technology platform for the television advertising industry, has released its latest report titled “The State of Programmatic Independent Demand.” The report provides a comprehensive analysis of the burgeoning market segment of independent programmatic advertising, particularly focusing on premium video. It highlights the factors contributing to the rapid growth of this sector and offers insights into future opportunities.

According to the report, independent programmatic impressions in the Connected TV (CTV) market have seen a substantial 24% year-over-year increase. Several factors are driving this growth:

  • Adoption of Multi-Publisher Programmatic Bundles: There has been a 119% increase in advertisers using multi-publisher bundles to target audiences across premium CTV platforms. These bundles allow advertisers to reach niche first-party audiences more effectively.
  • Strong Uptake in Specific Verticals: Advertisers in the pharma, gaming, telecom, and retail sectors are increasingly embracing programmatic advertising. This trend is attributed to programmatic’s superior ability to demonstrate return on investment (ROI).

Katy Loria, Chief Revenue Officer at FreeWheel, emphasized the transformative growth within the independent market: “This growth is fueled by the increasing adoption of programmatic advertising by marketers, coupled with the expansion of premium CTV supply. Advertisers of all sizes now have powerful tools for measuring and attributing their premium video campaigns’ success, driving higher demand and better outcomes.”

The Role of Independent Demand

FreeWheel defines “independent demand” as ad buys originating from agencies and buying entities that are not owned by a holding company. The report is based on one of the largest datasets available, which includes aggregated advertising data collected through the FreeWheel platform specifically for the independent market.

Garrett Dale, Chief Partnership Officer and Co-Founder of Kepler Group, highlighted the importance of curated group deals: “Curated group deals have been integral in complementing publisher direct programmatic activations to expand reach of high-value audiences for brands, enabling Kepler to achieve and exceed client business goals from both brand awareness to performance objectives.”

Opportunities in Live Sports and Beyond

Looking ahead, the report identifies significant opportunities for the independent programmatic market, particularly in live sports inventory. This category is noted for its high viewership and event-like engagement, making it highly attractive to advertisers. However, the report also points out the complexities involved in programmatic activation for live sports due to the need for robust technical infrastructure to manage high viewership spikes.

Moe Chughtai, Global Head of Advanced TV at MiQ, commented on this potential: “The biggest events – NFL Playoffs, Olympics, March Madness – are all available for streaming, which offers a huge opportunity for programmatic advertising. If executed effectively, this reduces the investment barriers to entry for marketers and brings a new level of addressability and accountability to live sports.”

Additional Insights and Future Trends

The report also explores other opportunities for growth in the independent programmatic market, including:

  • Transition of Large Advertiser Commitments to Programmatic: As more large advertisers move their commitments to programmatic platforms, there is potential for significant growth in this area.
  • Unlocking Programmatic Political Spend: The report suggests that with appropriate controls on creative and placement, there is an opportunity to unlock substantial political advertising spend programmatically.

FreeWheel’s “The State of Programmatic Independent Demand” report underscores the dynamic growth and evolving opportunities within the independent programmatic advertising market. By leveraging advanced programmatic tools and strategies, advertisers can achieve better outcomes and capitalize on the expanding premium CTV supply.

As the market continues to grow, FreeWheel remains at the forefront, providing the insights and technology needed to navigate and succeed in this rapidly changing landscape.

   

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