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AKOOL and LiveX AI Transform Customer Engagement with Conversational AI and Dynamic Avatars

AKOOL and LiveX AI Transform Customer Engagement with Conversational AI and Dynamic Avatars

technology 5 Dec 2024

AKOOL, a leader in Generative AI for personalized visual content, has partnered with LiveX AI, a frontrunner in multimodal AI agents, to redefine the way businesses interact with customers. The collaboration combines LiveX AI’s high-precision conversational AI agents with AKOOL’s cutting-edge dynamic avatar technology, addressing the limitations of traditional virtual agents and offering a new standard in customer engagement.

Key Features and Benefits of the AKOOL-LiveX AI Partnership:

  1. Real-Time, Accurate Problem-Solving
    The integrated solution combines multimodal AI agents with AKOOL avatars to deliver fast and accurate resolutions for tasks such as personalized recommendations, sales support, product education, customer service, order tracking, and even churn prevention. This results in a seamless customer experience and more efficient problem-solving.

  2. Natural, Empathetic Interactions
    By leveraging advanced conversational AI, the new system can understand user emotions and intent, providing tailored responses that address customer needs with empathy. Whether it's resolving conflicts, recommending upgrades, or offering support, the AI adapts dynamically to the situation, ensuring a more human-like interaction.

  3. Integrated Conversational and Visual Intelligence
    AKOOL's avatars are designed to adapt in real-time to customer inputs, enhancing engagement with a highly immersive experience. This integration of conversational AI and visual intelligence creates a cohesive and dynamic interface, bringing a human-like touch to digital interactions.

  4. Improved Customer Engagement and Satisfaction
    The partnership delivers a more effective and emotionally resonant way for businesses to engage with customers. The ability to blend visual avatars with conversational AI makes interactions feel more authentic, fostering trust, boosting satisfaction, and improving self-service rates.

Leadership Insights:

  • Jiajun Lu, CEO of AKOOL, shared, “By combining our strengths, we’re addressing critical pain points in AI-powered customer support. This partnership sets a new standard for intelligent, immersive interactions.”

  • Jerry Li, Co-Founder and CEO of LiveX AI, added, “At LiveX AI, we’ve helped millions of users build strong connections through AI-driven interactions. With AKOOL’s avatars, we’re taking customer engagement to the next level, adding a face-to-face element that fosters trust and satisfaction.”

Mediaocean Launches CSP Program with Interpublic, Omnicom, and WPP

Mediaocean Launches CSP Program with Interpublic, Omnicom, and WPP

advertising 4 Dec 2024

Mediaocean, a leading provider of omnichannel advertising solutions, has announced the launch of its Certified Service Partner (CSP) program. This initiative aims to empower participants with advanced ad tech solutions like Flashtalking and Protected by Mediaocean for ad serving, creative optimization, fraud detection, brand safety, and paid social optimization.

1. Key Features of the CSP Program:

  • Integration of Flashtalking and Protected by Mediaocean solutions.
  • Focus areas: ad serving, creative and paid social optimization, fraud detection, and brand safety.
  • Designed to enhance omnichannel advertising strategies.

2. Strategic Partnerships with Interpublic, Omnicom, and WPP:

  • These agencies are the first partners of the CSP program.
  • They continue leveraging Mediaocean’s Prisma platform for omnichannel planning, buying, and billing.
  • Each agency will acquire a minority stake in Mediaocean, strengthening their collaboration.

3. CEO's Vision for the CSP Program:

  • Bill Wise, Co-Founder and CEO, highlights the program's potential to:
    • Deepen adoption of Mediaocean’s ad tech solutions.
    • Enable investments in AI innovations and acquisitions for complementary solutions.
  • He views this initiative as a step toward simplifying the complex advertising ecosystem.

4. Acquisition Plans with Innovid:

  • Mediaocean plans to merge Innovid with Flashtalking to create a global independent ad tech platform.
  • Until the acquisition is finalized, both entities will operate independently.

5. Expansion Opportunities for CSP:

  • The program and investment opportunities may extend to other agencies.
  • Michael Kassan’s 3C Ventures played an advisory role in structuring the program.

Mediaocean’s CSP program marks a transformative step in the omnichannel advertising landscape. With strategic partnerships, planned acquisitions, and a focus on innovation, the company aims to empower marketers and agencies to navigate the evolving ecosystem effectively.

Renovi Lists on MEXC and Trader Joe, Unveils Future Innovations

Renovi Lists on MEXC and Trader Joe, Unveils Future Innovations

technology 4 Dec 2024

Renovi, a pioneering platform in immersive in-game advertising, has reached a significant milestone with its listing on MEXC Exchange and Trader Joe. This development expands the reach of its $RNVI token, inviting players, developers, and advertisers to join its transformative ecosystem.

1. $RNVI Token and Its Role in Gaming Innovation:

  • Central to Renovi’s mission of redefining gaming and advertising experiences.
  • Provides seamless access for users to engage with and benefit from the platform.
  • Designed to enhance connections among players, developers, and advertisers.

2. Upcoming Enhancements to the Renovi Platform:
Renovi is set to introduce groundbreaking updates, including:

  • Unreal and Cocos SDK Integration:
    • Enabling a wider reach to developers with tools for immersive advertising.
    • Facilitating smoother ad placements within games.
  • Diverse Ad Formats:
    • Offering innovative styles of in-game ads for improved engagement.
    • Enhancing monetization opportunities for game developers.
  • The Renovi Hub:
    • A central hub showcasing games that use Renovi’s platform.
    • Allowing players to earn rewards through interactive advertisements.
  • Strategic Partnerships:
    • Upcoming collaborations to accelerate the launch of the Renovi Hub.
    • Partnerships designed to boost ecosystem growth.

3. Why These Advancements Matter:

  • Solidifies Renovi’s commitment to creating rewarding experiences for gamers, advertisers, and developers.
  • Simplifies in-game monetization while improving engagement.
  • Positions $RNVI holders as essential contributors to the platform’s growth and innovation.

Renovi’s listing on MEXC and Trader Joe marks a pivotal moment in its journey to revolutionize in-game advertising. With upcoming features like SDK integration, diverse ad formats, and the Renovi Hub, the platform is poised to deliver an enhanced, seamless, and engaging experience for all stakeholders.

Amperity Unveils AI-Powered Customer Data Cloud to Revolutionize Data Insights

Amperity Unveils AI-Powered Customer Data Cloud to Revolutionize Data Insights

business 4 Dec 2024

Amperity has launched its Customer Data Cloud, an AI-powered platform designed to help businesses turn raw customer data into actionable business assets. Built on a Lakehouse architecture, this innovative solution addresses the challenges brands face in organizing and activating customer data efficiently.

1. The Need for AI-Driven Customer Data Solutions:

  • Data consumption is projected to grow by 165% by 2028 (Statista).
  • Brands struggle to organize data rapidly to derive actionable insights.
  • Amperity’s AI solutions bridge the gap by transforming data into strategic assets.

2. Core Capabilities of Amperity Customer Data Cloud:

  • AI-Powered Identity Resolution:
    • Machine learning-powered resolution finds connections in online and offline data.
    • Accurately links diverse customer data to create persistent profiles.
  • Industry-Specific Data Modeling:
    • Pre-configured models and lifecycle management tools accelerate customer 360 development.
  • Self-Service Data Access:
    • Reverse ETL tools and GenAI capabilities enable non-technical users to explore data independently.
    • Reduces reliance on technical teams for ongoing data requests.
  • Intelligent Change Management:
    • Built-in GenAI assists in error resolution and workflow testing.

3. New Features to Enhance Business Efficiency:

  • Real-Time Tables:
    • Enables brands to act on real-time streaming data for perfectly timed customer experiences.
  • Amperity Bridge for Snowflake:
    • Facilitates secure sharing of millions of customer records without complex integrations.
  • Bring Your Own Storage:
    • Zero-copy data access for AWS users, ensuring data stays within a brand’s environment.

4. Transformative Impact Across Industries:

  • Alaska Airlines:
    • Unified six million loyalty profiles, increasing loyalty conversions by 197%.
    • Enhanced accuracy by 2.3x compared to a leading consulting firm.
  • BECU (Boeing Employee Credit Union):
    • Saved over 76 hours weekly on email reporting and marketing execution.
    • Enabled timely, personalized offers, improving member engagement.

The Amperity Customer Data Cloud is redefining how businesses handle customer data, offering unprecedented accuracy and efficiency. From real-time identity resolution to innovative features like zero-copy storage, Amperity empowers organizations to create personalized, timely customer experiences while reducing operational burdens.

Twelve Labs Leverages AWS to Transform Video Content Understanding with AI

Twelve Labs Leverages AWS to Transform Video Content Understanding with AI

technology 4 Dec 2024

At AWS re:Invent, Amazon Web Services (AWS) announced its partnership with Twelve Labs, a startup pioneering multimodal AI to enhance video content analysis. By building its foundation models on AWS, Twelve Labs empowers developers to create applications capable of deep video understanding, revolutionizing industries reliant on multimedia data.

1. Unlocking the Potential of Video Content:

  • The Challenge: Nearly 80% of global data resides in video format, yet much of it remains unsearchable.
  • The Solution: Twelve Labs’ AI models map natural language to video content, enabling applications to search, classify, and summarize videos effectively.

2. Transformative Applications Powered by AI:

  • Semantic Video Search and Text Generation:
    • Available on AWS Marketplace, these tools are tailored for industries like media, entertainment, sports, and gaming.
    • Example: Sports leagues use this technology to catalog footage or create highlight reels automatically.
  • Personalized Viewer Experiences:
    • Content creators can compile tailored highlight reels, such as action sequences starring a favorite actor.
    • Coaches can analyze athletes’ performance using precise video moments.

3. Key Foundation Models by Twelve Labs:

  • Marengo and Pegasus Models:
    • Provide text summaries and audio translations in 100+ languages.
    • Enable contextual searches to identify specific events or moments in video content.
    • Example: Matching spoken words to visual elements in sports or entertainment videos.

4. Advanced Technology Behind the Models:

  • Amazon SageMaker HyperPod:
    • Facilitates training of multimodal models using parallel compute instances.
    • Capable of processing videos, images, speech, and text for deeper insights.
  • Global Deployment:
    • With AWS Activate, Twelve Labs scales its technology globally while optimizing machine learning performance.

5. Strategic Collaboration for Future Growth:

  • Three-Year Agreement with AWS:
    • Enhances Twelve Labs’ model training capabilities.
    • Expands video intelligence services to new industries via AWS Marketplace.
    • Focus on reducing model training costs and improving operational efficiency.

6. Industry Impact:

  • Media and Entertainment: Automated content creation and tailored highlight reels.
  • Sports: Precision coaching tools for performance improvement.
  • Global Reach: Advanced video intelligence solutions delivered to a diverse customer base.

Twelve Labs, powered by AWS, is breaking barriers in video content understanding with multimodal AI. By integrating advanced technologies like Amazon SageMaker HyperPod, Twelve Labs is enabling industries to unlock actionable insights from video data, driving innovation and enhancing user experiences worldwide.

NIQ’s 2025 CMO Outlook Highlights AI-Led Transformation in Marketing

NIQ’s 2025 CMO Outlook Highlights AI-Led Transformation in Marketing

business 4 Dec 2024

NIQ, the leading consumer intelligence company, has released its annual CMO Outlook report, revealing key priorities for marketers in 2025. This year’s report highlights the transformative role of Artificial Intelligence (AI) in reshaping marketing strategies amidst economic challenges, with marketers focusing on long-term growth, data-driven insights, and cross-departmental collaboration.

1. AI at the Core of Marketing Functions:

  • GenAI Integration:
    • 72% of marketers use Generative AI (GenAI) for content creation.
    • Other applications include brand health measurement (67%), media planning (65%), and product development (30%).
    • GenAI enhances customer experiences by personalizing interactions and unlocking creative potential.
  • Marta Cyhan-Bowles’ Insight:
    • NIQ’s Chief Communications Officer emphasized that AI is becoming central to marketing, driving growth and efficiency across all functions.

2. Data-Driven Confidence Boosted by AI:

  • Competitive Edge through Data:
    • 81% of marketers use data to monitor performance.
    • 60% of data-driven organizations report high confidence in their analytics capabilities.
  • Challenges in Data Integration:
    • 31% of marketers struggle with connecting diverse data sources.
    • AI is critical for overcoming these challenges, enabling precise and cost-effective marketing measurement.

3. The Health of the Marketing Function is Improving:

  • CMO Outlook Index Trends:
    • A marginal increase in marketing function health, with notable improvements in Europe.
    • Enhanced alignment with the C-suite is driving innovation and strategic growth.
  • AI’s Role:
    • AI powers marketing innovation, enabling marketers to devise data-backed strategies for sustainable success.

4. AI Bridging the Gap Between Businesses and Consumers:

  • Consumer-Centric Product Development:
    • Tools like NIQ’s BASES Ad Explorer leverage AI to refine brand equity and understand consumer preferences.
    • AI enables marketers to test ad iterations, prioritize creative insights, and meet deadlines efficiently.
  • Enhanced Consumer Understanding:
    • AI delivers actionable insights that align marketing efforts with evolving consumer needs.

5. Collaboration Across Departments:

  • Cross-Functional Alignment:
    • Marketers are adopting CFO language to justify investments and collaborating with CTOs to optimize AI implementation.
    • 2025 will see enhanced teamwork between marketing, data analysts, and business leaders to integrate diverse data sources.
  • Breaking Down Silos:
    • Tighter collaboration is key to delivering unified, actionable insights that align with business goals.

NIQ’s 2025 CMO Outlook underscores the transformative power of AI in marketing. By embracing AI-driven strategies, marketers can enhance consumer understanding, optimize data usage, and foster cross-departmental collaboration, positioning themselves for sustained growth and innovation in a rapidly evolving landscape.

Adobe and AWS Expand Partnership to Bring Adobe Experience Platform to AWS

Adobe and AWS Expand Partnership to Bring Adobe Experience Platform to AWS

technology 4 Dec 2024

At AWS re:Invent, Adobe announced an enhanced collaboration with Amazon Web Services (AWS) to make Adobe Experience Platform (AEP) available on AWS. This strategic move empowers brands to deliver highly personalized experiences by leveraging real-time insights across online and offline channels. By integrating AEP applications with AWS’s robust cloud infrastructure, businesses can scale customer experience management with unmatched flexibility and security.

1. Adobe Experience Platform Now Available on AWS

  • Centralized Insights and Workflows:
    • AEP offers a single customer view for real-time personalization across channels.
    • Integration with AWS provides brands the flexibility to centralize workflows and scale operations efficiently.
  • Applications Available on AWS:
    • Adobe Real-Time CDP: Builds real-time customer profiles for impactful engagement.
    • Adobe Journey Optimizer: Enables personalized multi-channel customer journeys.
    • Adobe Customer Journey Analytics: Offers actionable insights for campaign optimization.

2. Industry Adoption of Adobe Experience Platform

  • Trusted by Leading Brands:
    • Companies like Coca-Cola, Major League Baseball, Marriott, and Panera Bread rely on AEP for superior customer experience management.
    • Teams use AEP to identify consumer preference shifts and deliver timely, meaningful interactions.
  • Enhanced Infrastructure for Scalability:
    • Upcoming availability on AWS will provide brands with secure, scalable solutions to activate customer insights faster.

3. Executive Insights on the Partnership

  • Anjul Bhambhri, Adobe Experience Cloud:
    • Highlights the critical role of AEP in delivering one-to-one personalization using AI to enhance productivity and ROI.
  • Kathrin Renz, AWS Industries:
    • Emphasizes the partnership’s focus on giving enterprises tools to scale customer experience management across current and future applications.

4. Benefits for Brands with AEP on AWS

  • Real-Time Audience Creation and Engagement:
    • Adobe Real-Time CDP helps brands target B2C and B2B audiences with updates as interactions happen.
  • Personalized Journeys Across Touchpoints:
    • Adobe Journey Optimizer enables seamless orchestration of experiences across web, mobile, and email.
    • The B2B Edition enhances coordination between sales and marketing teams.
  • Enhanced Campaign Analytics:
    • Customer Journey Analytics measures engagement across channels, providing detailed insights into AI-generated content performance.

5. Leveraging AWS Native Services for Efficiency

  • Streamlined Data Management:
    • AWS services like Amazon S3, DynamoDB, and Glue reduce operational overhead and accelerate workflows.
  • Seamless Integration:
    • Joint efforts by Adobe and AWS ensure smooth implementation of solutions, available through Adobe and AWS Marketplace by 2025.

6. Building on a Strong Foundation

  • Existing Adobe Solutions on AWS:
    • Adobe Experience Cloud applications already enhance marketing strategies with personalized digital experiences.
  • Vision for the Future:
    • The expanded partnership aims to redefine customer engagement with innovative AI-driven and data-centric solutions.

Adobe’s partnership with AWS marks a significant milestone in customer experience management. By bringing AEP to AWS, brands gain access to cutting-edge tools that combine real-time insights, scalable workflows, and personalized experiences. As this collaboration evolves, businesses can look forward to a future of deeper customer connections and data-driven growth.

Data Axle Partners with Databricks to Offer Unified B2B and B2C Data on Databricks Marketplace

Data Axle Partners with Databricks to Offer Unified B2B and B2C Data on Databricks Marketplace

technology 4 Dec 2024

Data Axle, a leader in data-driven marketing and business intelligence, has announced a strategic partnership with Databricks to offer its comprehensive business and consumer datasets on the Databricks Marketplace. Leveraging Databricks Delta Sharing, the partnership provides businesses with seamless access to actionable insights across clouds, regions, and platforms, fostering better alignment between B2B and B2C strategies.

1. Unified Data for Enhanced Decision-Making

  • Bridging B2B and B2C Strategies:
    • The integration of business and consumer data enables organizations to build a holistic understanding of their ecosystem.
    • Marketers can align B2B and B2C efforts, improving decision-making and campaign reach.
  • Use Cases:
    • B2B Marketers: Enhance AI models for targeted campaigns, such as reaching remote-working IT directors.
    • B2C Marketers: Use professional attributes to refine eligibility models for healthcare or mortgage plans.

2. Power of Databricks Delta Sharing

  • Streamlined Data Collaboration:
    • Delta Sharing enables frictionless access to data across platforms without replication.
    • Businesses can securely share data while ensuring governance and compliance.
  • AI-Ready Data Models:
    • Companies can enrich machine learning models and apply advanced analytics for marketing insights.
    • Supports verticals such as retail, finance, healthcare, and insurance in connecting data sources.

3. Executive Insights on the Partnership

  • Andrew Frawley, CEO of Data Axle:
    • Highlights the importance of accessible, integrated datasets for effective decision-making.
    • Notes the efficiency of Databricks Marketplace in securely sharing and collaborating on data.
  • Akram Chetibi, Director of Product at Databricks:
    • Emphasizes the significance of governance and compliance in working with business and consumer data.
    • Stresses the value of Delta Sharing in reducing operational risks and costs.

4. Key Benefits for Businesses

  • Comprehensive Customer Insights:
    • Databricks users gain a unified view of customers by integrating professional and consumer data.
    • Enhanced segmentation and targeting through AI-driven models.
  • Improved Operational Efficiency:
    • Access to enriched data without replication accelerates workflows and insights.
    • Companies can optimize marketing efforts across providers and systems.

5. Industry Impact

  • Future-Ready Solutions:
    • Businesses across industries can remain competitive with integrated data intelligence tools.
    • The partnership symbolizes a move toward accessible, actionable data-driven solutions.
  • Wide Adoption Potential:
    • Ideal for organizations in retail, finance, healthcare, and insurance sectors seeking better data alignment.

Data Axle’s partnership with Databricks marks a significant advancement in data intelligence. By offering integrated B2B and B2C datasets on the Databricks Marketplace, the collaboration empowers businesses to build AI-ready models, streamline workflows, and drive meaningful customer engagement. With governance and compliance at the forefront, this partnership sets the stage for more efficient and impactful data-driven marketing strategies.

   

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