CARMEL, Ind., March 19, 2018 (GLOBE NEWSWIRE) -- TradeRev, a digital platform that facilitates live, dealer-to-dealer vehicle auctions, announced they will unveil H, the company's newest suite of artificial intelligence capabilities at next week's National Auto Dealers Association (NADA) Show 2018 in Las Vegas. TradeRev is a business unit of global remarketing and technology solutions provider KAR Auction Services, Inc. (NYSE:KAR). H leverages data and technology from across the KAR platform and uses TradeRev's machine learning and proprietary algorithms to deliver clear, easy, actionable intelligence to dealers. At NADA, TradeRev will demo H's AI-driven automated condition report visualization tool and several recently released data and predictive analytics capabilities.
"While artificial intelligence is becoming an integral part of products and services we consume, AI needs to incorporate better understanding of human behavior to improve human-machine interface, simplify information consumption and drive lasting behavior change," said Srikanth Velamakanni, Group Chief Executive & Executive Vice-Chairman, Fractal Analytics. "With this acquisition, we are bringing data science and behavioral science together to drive better outcomes for our clients." Founded in 2008, Final Mile is a leader in the application of behavioral sciences to understand decision-making and influence consumer and social behavior. Final Mile has helped solve behavioral challenges in financial services, healthcare, consumer goods, e-commerce, and developmental and nonprofit sectors. An award-winning firm, Final Mile uses innovative research methods like games and simulations to truly understand the non-conscious reasons behind what people do and develop interventions to drive sustainable behavior change.
Sage (FTSE:SGE) is the global market leader for technology that helps businesses of all sizes manage everything from money to people – whether they're a start-up, scale-up or enterprise. We do this through Sage Business Cloud - the one and only business management solution that customers will ever need, comprising Accounting, Financials, Enterprise Management, People & Payroll and Payments & Banking. Our mission is to free business builders from the burden of admin, so they can spend more time doing what they love – and we do that every day for three million customers across 23 countries, through our 13,000 colleagues and a network of accountants and partners. We are committed to doing business the right way and giving back to our communities through the Sage Foundation.
"This use of AI with HSBC's card program is one of the first in the loyalty sector and demonstrates that artificial intelligence and machine learning are the future of business," said Jesse Wolfersberger, senior director, decision sciences, Maritz Motivation Solutions. "We're going to witness more companies using AI to engage people in new and innovative ways. We are proud to have a proprietary AI system that makes loyalty programs smarter and more efficient and can result in significant operational cost savings for businesses." Maritz's AI algorithm, also known as machine learning, predicts the rewards a loyalty program member is likely to redeem over the next year. The AI then suggests a redemption category to promote to each member and calculates the percentage of clients likely to redeem in different categories.
NEW YORK, March 12, 2018 (GLOBE NEWSWIRE) -- The Global Artificial Intelligence in Agriculture (AIA) Market is expected to grow at a significant CAGR of 24.3% during the forecast period. The factors driving the growth of the global AIA market are rising adoption of information management systems (IMS), automated irrigation, increasing crop productivity by implementing deep learning techniques, and increasing global population. Furthermore, growing trend of precision farming and increasing adoption of smart sensors are also fueling the demand of the global AIA market. Replacement of human labor is also expected to overcome by AIA, to minimize scarcity of physical labor. However, the high cost of collecting data of agricultural land is a major restraint of the AIA market growth.
Advanced topic extraction using AI & machine learning, natural language processing, and regex classifiers to identify topics across all data sources - enabling organizations to diagnose not only what is happening in customer interactions, but why it's happening. Sentiment analysis and entity recognition using proprietary and open source algorithms to understand the overall sentiment and label data by types such as person, organization, location, events, and products. Pre-configured industry dashboards and classifier libraries that address the most common uses cases for sales, churn and compliance to jumpstart time-to-value. Data connectors to a variety of data sources and destinations, send classified data to an internal visualization tool or build powerful apps using the ListenLogic API. On premise or cloud deployment leveraging proprietary data redaction that removes personally identifiable information for an added level of security.
BEIJING, CHINA - Media OutReach - 2 February 2018 - Fung Retailing Limited, with a network of over 3,000 stores, and JD.com (Nasdaq: JD, JD.com or JD.COM), China's largest retailer, today announced a partnership to develop AI-driven retail solutions. According to the agreement signed today, the two companies will cooperate in using AI to transform the retail landscape, and to collaborate in areas including AI platform development and the application of AI to smart retail.