Daily AI Roundup: The 5 Coolest Things On Earth Today
AI Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Artificial Intelligence, Machine Learning, Robotic Process Automation, Fintech, and human-system interactions. We will cover the role of AI Daily Roundup and its application in various industries and daily lives.
inRiver, a solution that empowers organizations to deliver revenue-driving product information management (PIM) across every customer touchpoint, announced that they have launched a Magento Commerce Adapter that streamlines the integration of inRiver and Magento Commerce, part of Adobe Experience Cloud to help teams quickly and easily sell products across any channel or marketplace powered by Magento.
Enova Announces Definitive Agreement to Combine its ODX Business with Fundation’s Business to form Market-Leading Digital Account Origination Company
Enova International, a leading financial technology and analytics company offering consumer and small business loans and financing, announced that it has entered into a definitive agreement to combine its ODX business with Fundation, an origination solutions provider focused on the business banking market. Enova will retain a minority stake in the new combined business. The combined company will be named Linear Financial Technologies (Linear) and will be the market leader in AI-based SaaS small business lending solutions, digital account origination technology and insights for financial institutions, B2B vendors and SMB service providers.
Jio Haptik Technologies Limited, a subsidiary of Reliance Jio Platforms, announced the launch of its new product Buzzo, an AI-powered voice assistant to improve the digital shopping experience. With Buzzo, Haptik brings the simplicity of an in-store assisted experience to apps and websites, navigating through the variety of product choices using a voice enabled interface. In the post pandemic era, according to Forrester Research, e-commerce sales have grown by 20% in the US and digital is now the default way of shopping for most millennials. However, searching through long product catalogs and finding the most suitable products continues to remain a cumbersome experience.
Eka Enhances CTRM And Launches New Solutions to Accelerate Digital Transformation for Commodities and Direct Materials
Eka Software Solutions, the leading cloud platform for commodities and direct materials announced new offerings on its Cloud Platform to help customers improve business resiliency. Spanning across CTRM, E-sourcing, Sustainability and Direct Material Procurement, the new solutions digitize key business processes that support new ways of working; bringing people, processes, and technology together. The breakdown in value chains is driving a digital revolution. According to McKinsey, lack of digitalization led to 73% of respondents to encounter problems in their production, distribution, and supplier base. Eka is committed to digitalize the supply chain to provide commodity and direct materials intensive businesses the agility they need to stay ahead of disruptions.
Granulate, a provider of autonomous real-time computing workload optimization and cost reduction solutions, announced the release of its open-source platform, the G-Profiler, a production profiling solution that measures the performance of code in production applications to facilitate compute optimization. Granulate’s G-Profiler empowers R&D and DevOps teams to maximize their applications’ performance, improve the quality of their code and reduce cloud costs – all with simple installation and no code changes.