CX Leader of the Year. Artificial intelligence promises to boost profits and transform industries Page 20 3. Here are three ways I believe industry leaders can start to rethink their consumer beauty experiences now in order to reap the benefits of AI in the years to come. Why AI and predictive content creation is the media industry’s hail mary and how brands can take advantage . Adriana Amato – Jul 30, 2019 It’s become a huge part of the way businesses think about what they are doing and how they are coming across. Businesses must capitalise on Industry 4.0 to drive resource revolution, says techUK 22 May 2018, source edie newsroom EXCLUSIVE: Business investment in digital technologies such as blockchain and Artificial Intelligence (AI) can kickstart a resource-efficient economic boom within the UK. “AI will influence all parts of the media value chain, helping content creators to be more creative, helping content editors to be more productive, and helping content consumers to find the content that matches their interests and current situation,” explains Rainer Kellerhals, Microsoft’s Media and Entertainment industry lead for the EMEA region. With all this in mind, we highlight various aspects of the consumer goods industry that are currently being affected by AI technology. Artificial intelligence is getting ready for business, but are businesses ready for AI? For example, YouTube’s recommendation system provides suggestions for videos that users might be interested in based on their previous behaviour. So, how can operators capitalize on this potential? Advertisement. How the channel can capitalise on a “digitally distraught” market ... “A train operator in Australia works with a technology partner providing cloud plus AI solution,” said Ng. Blog post. Firstly, nothing is more valuable than working with a transformation partner with end-to-end capabilities and industry knowledge. Sponsored by Cultura Colectiva. Online education will gain momentum, not just temporarily, but as a long-term trend,” says Prabhu Ram, head, industry intelligence group, Cyber Media Research (CMR). Mon, 18 Jan 2021 Mon, 18 Jan 2021. Capitalise.ai was founded in 2015 by two fin-tech veterans, and employs a multidisciplinary team of expert developers and financial industry professionals. AI is can be used to curate content, as well as create it. 8. The case for a marketing content hub. Report. ME hotels ready to capitalise on workation trend . Page 6 2. Founded in 2011, we provide a channel for expert, brands and thought leaders to share content and engage with other industry professionals around the world. As SD-WAN adoption accelerates, businesses can capitalise on the cost-effectiveness, integrated connectivity advantages and flexibility that multi-cloud environment provides. The ever-changing environment of social media makes it harder for companies to keep on top of trends. BIS launches Smart Cities Forum to capitalise on the growing industry. Marketers can personalize content for their customers by understanding buying habits, people’s everyday environments and what motivates them to make their decisions. in advertising and content licensing – and customer retention. 2018 and beyond. We aim to help developers by providing top-class practical content across many issues. KUALA LUMPUR (Jan 21): Digital transformation and adoption are crucial for Malaysians and the industry to capitalise on new opportunities, said Malaysia Digital Economy Corporation (MDEC). In our digital leaders survey we can see that most focus this year will be on creating more effective recommendations (53% saying very important), followed by commercial uses such as using AI to target potential subscribers and optimise paywalls (47%), and ways of driving greater efficiency in the newsroom, such as using AI to assist subbing or improve the consistency of tagging (39%). How financial institutions can capitalise on open banking benefits . Companies can take advantage of this opportunity by becoming experts in the voice search sector while the change is relatively new. This includes content like interviews, headlines, webinars, etc. Content plays a crucial role in increasing sales and brand awareness and can be created by virtual assistants or chatbots as well. We use cookies to ensure the best experience for you on our website. And AI is also increasingly essential for success for data workers in the industry at large. Please follow this link for our privacy policy. The Department for Business, Innovation and Skills has launched an initiative to help the UK develop smart cities . Mixing business and leisure travel, also known as 'bleisure' travel, has become a widely recognised phenomenon. While technologies like AI, mobile and voice search abound, businesses need to connect to consumers on a community-based level. Vodafone – which has implemented TechSee’s technology and saw a 68% improvement in customer satisfaction – introduced its new chatbot TOBi to handle a range of customer service questions. Based on this, the customer can be automatically be shown lactose intolerant dairy options on the retailer’s website for example. Impressive numbers. Subscribe to Newsletter. Additionally, the company will lend its German engineering know-how to the esports organisations to help design hardware and software products for gamers. In fact, audience data can be transformed into effective customer retention campaigns or can be fed to personalisation algorithms to establish more personal relationships with viewers, which is key in a direct-to-consumer model. These can be used for content monetisation – e.g. Blog. Search Search. “AI has opened up new opportunities within media and entertainment industry and created new roles in that require technical and quantitative skills,” says Jennifer Shin, CEO of 8Path Solutions. Credit: IDC . Written by Jan Van Vonno, research director at Tink ; 10th July 2020; With a world that is becoming increasingly complex, both consumers and businesses are actively seeking out financial service providers that can achieve their financial goals in a manner that’s relevant and seamless. You can see our privacy policy & our cookie policy. 1. Adoption of Artificial Intelligence, Augmented Reality & Virtual Reality (AI, AR and VR) By keeping your finger on the pulse, understanding your competitor activity and keeping an eye on global, technology and industry trends, you can effectively identify and capitalise on market trends in your business. And AI can learn these habits at a rate much faster than any human. Andre Pino, DevOps industry leader, and Mitchell Ashley, Accelerated Strategy Group Founder, join MediaOps as COO/CMO and CTO respectively. AI recognises your past behaviour so it know if you have X you’ll probably need Y as well .” Or an AI algorithm might recognise when someone has a lactose intolerance. At its heart, the film industry is about great content – that is, developing and producing films to capture an audience that can be monetised through theatrical release or DVD sales and by licensing to distribution channels such as television or digital platforms. Share this content. AI & Manufacturing: The predictive analytics capabilities enabled by AI can provide manufacturers with plant-floor and plant-wide collaborative visibility of all work in process and provide insight into possible bottlenecks and pain points. Blogger . Dianna Labrien . Community. Whitepapers & research Webinars Podcasts Glossary Industry news. CONTENTS Preface In brief 1. Using a similar tool will allow you to suggest products, blogs, videos or other forms of content that a website visitor may have an interest in based on how they interact with your site. The industry is expected to grow to $2.5 trillion globally by 2022. From a customer standpoint - and of note to the channel - the cognitive/AI use cases that will see the largest spending totals in 2018 are automated customer service agents (US$2.9 billion), automated threat intelligence and prevention systems (US$1.9 billion), sales process recommendation and automation (US$1.7 billion) and automated preventive maintenance (US$1.7 billion). These solutions help industry become more efficient, diversify our economy and help us capitalize on growing global demand. Riverbed, the digital performance company, has announced the formation of a new Aternity division to capitalise on the growth opportunities in Digital Experience Management (DEM), which includes Riverbed’s End User Experience Monitoring (EUEM) and Application Performance Management (APM) solutions. Using AI, operators can implement self-service capabilities that show customers how to install and operate their own devices. 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