|By Business Wire||
|June 11, 2014 01:00 PM EDT||
WibiData, a leading big data personalization provider, today announced the launch of WibiRetail, a new software platform designed for retailers to rapidly deploy algorithmically-driven personalized shopping experiences. Ideal for marketing, merchandising and data science teams, WibiRetail empowers retailers to deliver experiences that amaze and delight their customers.
WibiRetail has been designed from the ground up to address the gap between the consumer experiences that modern machine-learning and predictive analytics technologies are capable of delivering and what currently exists today. Most large retailers, whether department stores, specialty stores or mass merchandisers, are supporting their digitally-connected customer touchpoints with segmentation, manual analysis and “one size fits all” product recommendation solutions. The result is a universe of shopping experiences that are largely conservative, unimaginative and undifferentiated.
Consumers have begun to expect digital and even offline experiences and interactions that are on par with those being delivered by large innovators like Amazon and Google and smaller forward-thinking retail entrants. WibiRetail helps retailers capitalize on these changing expectations and improve engagement and conversion with intuitive, natural interactions like:
- intent-aware commerce applications that use in-the-moment data to determine whether a consumer is shopping for herself, a family member or a partner
- discovery and browsing experiences that engage consumers with media and editorial content that appeals to their unique tastes and preferences
- email and mobile marketing offers that reflect consumers’ current behavior and context
“Retailers are no longer competing against just themselves, but also against the experiences that consumers have grown to love from Google, Facebook, and Twitter. In order to compete with these experiences, companies must make a shift to big data and analytics techniques pioneered by these technology giants,” said Garrett Wu, founder and CTO, WibiData. “We built WibiRetail to solve this problem, empowering retailers to move beyond stale batch analysis and segmentation and into the era of experimentation, big data and real-time machine learning for true one-to-one experiences with their customers.”
WibiRetail is an end-to-end platform that gives retailers the ability to personalize every interaction with their customers in real-time. WibiRetail keeps data in-house, and arms retailers with state-of-the-art data infrastructure and simple interfaces for next-level personalization, without needing to build these tools in-house. This allows merchandising and data science to seamlessly explore data, develop and train models, and deploy the best models to production instantly where they are scored on the fly, delivering real-time, individualized and contextually relevant experiences across all touchpoints.
WibiRetail features include:
- Customer-centric data store - Organize all information about customers into a cohesive customer-centric schema that uses the newest big data storage technologies and is optimized for real-time personalization.
- Bulk Import - import customers, products, order history, web analytics, social and other data from existing data sources
- Interaction Tracking - a lightweight application endpoint that can easily track all interactions from various front end applications in real time (website, tablet, mobile app, in-store kiosk, call center, etc.)
- Predictive Models - models optimized for personalizing product lists at massive scale in retail (customers also viewed, customers also purchased, what’s hot, best sellers, recently in stock, about to go out of stock, recently on sale, etc.).
- Model Deployment - framework for data science to influence and change the behavior of models, create their own, and deploy on the fly with no re-engineering needed
- Marketing and Data Science Consoles - monitor model performance, simulate customer experience and track merchandising and marketing performance
WibiData provides the real-time machine learning and analytics capabilities enterprises need to deliver personalized interactions across channels. Our team is comprised of experts in Big Data and machine learning: Christophe Bisciglia (Founder and CEO) founded Cloudera and worked on Search Infrastructure at Google, and Garrett Wu (Founder and CTO) led the Personalized Recommendations team at Google. WibiData developed an open and standard way to help you build the kinds of personalized experiences that Google, Amazon, Netflix, Facebook, and LinkedIn have created. Founded in 2010 and based in San Francisco, Calif., WibiData is backed by Canaan Partners, New Enterprise Associates, SV Angel and several notable seed investors. For more information, visit www.wibidata.com.
Deep learning has been very successful in social sciences and specially areas where there is a lot of data. Trading is another field that can be viewed as social science with a lot of data. With the advent of Deep Learning and Big Data technologies for efficient computation, we are finally able to use the same methods in investment management as we would in face recognition or in making chat-bots. In his session at 20th Cloud Expo, Gaurav Chakravorty, co-founder and Head of Strategy Development ...
Mar. 24, 2017 10:15 AM EDT Reads: 3,212
What sort of WebRTC based applications can we expect to see over the next year and beyond? One way to predict development trends is to see what sorts of applications startups are building. In his session at @ThingsExpo, Arin Sime, founder of WebRTC.ventures, will discuss the current and likely future trends in WebRTC application development based on real requests for custom applications from real customers, as well as other public sources of information,
Mar. 24, 2017 10:00 AM EDT
Virtualization over the past years has become a key strategy for IT to acquire multi-tenancy, increase utilization, develop elasticity and improve security. And virtual machines (VMs) are quickly becoming a main vehicle for developing and deploying applications. The introduction of containers seems to be bringing another and perhaps overlapped solution for achieving the same above-mentioned benefits. Are a container and a virtual machine fundamentally the same or different? And how? Is one techn...
Mar. 24, 2017 09:45 AM EDT Reads: 2,705
SYS-CON Events announced today that Infranics will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Since 2000, Infranics has developed SysMaster Suite, which is required for the stable and efficient management of ICT infrastructure. The ICT management solution developed and provided by Infranics continues to add intelligence to the ICT infrastructure through the IMC (Infra Management Cycle) based on mathemat...
Mar. 24, 2017 09:45 AM EDT Reads: 2,634
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 20th Cloud Expo, which will take place on June 6-8, 2017 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 add...
Mar. 24, 2017 09:30 AM EDT Reads: 142
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
Mar. 24, 2017 09:15 AM EDT Reads: 1,543
Now that the world has connected “things,” we need to build these devices as truly intelligent in order to create instantaneous and precise results. This means you have to do as much of the processing at the point of entry as you can: at the edge. The killer use cases for IoT are becoming manifest through AI engines on edge devices. An autonomous car has this dual edge/cloud analytics model, producing precise, real-time results. In his session at @ThingsExpo, John Crupi, Vice President and Eng...
Mar. 24, 2017 08:45 AM EDT Reads: 3,594
What if you could build a web application that could support true web-scale traffic without having to ever provision or manage a single server? Sounds magical, and it is! In his session at 20th Cloud Expo, Chris Munns, Senior Developer Advocate for Serverless Applications at Amazon Web Services, will show how to build a serverless website that scales automatically using services like AWS Lambda, Amazon API Gateway, and Amazon S3. We will review several frameworks that can help you build serverle...
Mar. 24, 2017 08:45 AM EDT Reads: 1,462
In the enterprise today, connected IoT devices are everywhere – both inside and outside corporate environments. The need to identify, manage, control and secure a quickly growing web of connections and outside devices is making the already challenging task of security even more important, and onerous. In his session at @ThingsExpo, Rich Boyer, CISO and Chief Architect for Security at NTT i3, will discuss new ways of thinking and the approaches needed to address the emerging challenges of securit...
Mar. 24, 2017 08:30 AM EDT Reads: 4,196
The taxi industry never saw Uber coming. Startups are a threat to incumbents like never before, and a major enabler for startups is that they are instantly “cloud ready.” If innovation moves at the pace of IT, then your company is in trouble. Why? Because your data center will not keep up with frenetic pace AWS, Microsoft and Google are rolling out new capabilities In his session at 20th Cloud Expo, Don Browning, VP of Cloud Architecture at Turner, will posit that disruption is inevitable for c...
Mar. 24, 2017 08:30 AM EDT Reads: 1,843
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...
Mar. 24, 2017 08:15 AM EDT Reads: 815
There are 66 million network cameras capturing terabytes of data. How did factories in Japan improve physical security at the facilities and improve employee productivity? Edge Computing reduces possible kilobytes of data collected per second to only a few kilobytes of data transmitted to the public cloud every day. Data is aggregated and analyzed close to sensors so only intelligent results need to be transmitted to the cloud. Non-essential data is recycled to optimize storage.
Mar. 24, 2017 08:15 AM EDT Reads: 2,827
"I think that everyone recognizes that for IoT to really realize its full potential and value that it is about creating ecosystems and marketplaces and that no single vendor is able to support what is required," explained Esmeralda Swartz, VP, Marketing Enterprise and Cloud at Ericsson, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Mar. 24, 2017 08:00 AM EDT Reads: 3,856
As businesses adopt functionalities in cloud computing, it’s imperative that IT operations consistently ensure cloud systems work correctly – all of the time, and to their best capabilities. In his session at @BigDataExpo, Bernd Harzog, CEO and founder of OpsDataStore, will present an industry answer to the common question, “Are you running IT operations as efficiently and as cost effectively as you need to?” He will expound on the industry issues he frequently came up against as an analyst, and...
Mar. 24, 2017 08:00 AM EDT Reads: 3,939
In his General Session at 16th Cloud Expo, David Shacochis, host of The Hybrid IT Files podcast and Vice President at CenturyLink, investigated three key trends of the “gigabit economy" though the story of a Fortune 500 communications company in transformation. Narrating how multi-modal hybrid IT, service automation, and agile delivery all intersect, he will cover the role of storytelling and empathy in achieving strategic alignment between the enterprise and its information technology.
Mar. 24, 2017 08:00 AM EDT Reads: 7,268