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Henkel embraces gen AI as enabler and strategic disruptor

CIO

Like many incumbents in the consumer packaged goods (CPG) industry, Henkel was slow to embrace digital technologies, resulting in a widening disconnect between the 147-year-old company and the changing needs of its customers. Big CPG companies like Henkel can spend billions on trade promotion, so there’s a lot at stake in getting it right.

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Artificial intelligence and machine learning adoption in European enterprise

O'Reilly Media - Ideas

How companies in Europe are preparing for and adopting AI and ML technologies. In a recent survey , we explored how companies were adjusting to the growing importance of machine learning and analytics, while also preparing for the explosion in the number of data sources. Machine Learning model lifecycle management.

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How digital turned Nationale-Nederlanden into an omnichannel company

CIO

Dutch insurance and asset management company Nationale-Nederlanden, part of the NN Group, has a presence in 19 countries and serves several million retail and corporate customers. For instance, the company completed its conversion to a 100% Agile company in 2019, an achievement that reinforced its commitment to clients.

Company 275
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Traceable AI nabs $60M to secure app APIs using machine learning

TechCrunch

The new capital values the company at more than $450 million post-money, and CEO Jyoti Bansal — who’s also the cofounder of BIG Labs and Unusual Ventures — says that it’ll be put toward product development, recruitment, and customer acquisition. Businesses need machine learning here.

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American Airlines takes flight with analytics transformation

CIO

American Airlines, the world’s largest airline, is turning to data and analytics to minimize disruptions and streamline operations with the aim of giving travelers a smoother experience. We are focused on automation in every function of the company,” Mohan says. Touchless, seamless, stressless. This was a huge change for our teams.

Airlines 334
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Jarvis ML snags $16M to help companies personalize their products

TechCrunch

Accustomed to Netflix- and Amazon-like tailored product recommendations, customers began to demand the same from companies of all sizes. Some research — particularly from customer analytics vendors, unsurprisingly — suggests that personalization is a worthwhile investment. That’s why Yadav founded Jarvis ML in 2021.

Company 241
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Bodo.ai secures $14M, aims to make Python better at handling large-scale data

TechCrunch

Python is one of the top programming languages used among artificial intelligence and machine learning developers and data scientists, but as Behzad Nasre, co-founder and CEO of Bodo.ai, points out, it is challenging to use when handling large-scale data.