The 2020 Spotlight Award Goes To…

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2020 “AI eCommerce Spotlight Award”

Today, I’m proud to announce the 3rd annual “AI eCommerce Spotlight Award” winner. This award is distributed to recognize the company that has differentiated themself from the competition over the prior 12 month period within the ai eCommerce industry.

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Our award winner for 2020 is: H2O.ai – https://www.h2o.ai

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Congratulations to our winner. We’ll be closely monitoring and reporting on the performance of all vendors, existing and new, throughout the course of the year.

Here is a list of all vendors that were considered for the award:

ABtasty – https://www.abtasty.com

Abzooba – https://abzooba.com

Albert.ai – https://albert.ai

Algolia – https://www.algolia.com

AltexSoft – https://www.altexsoft.com/ai-solutions-for-ecommerce/

Anaplan – https://www.anaplan.com

Apptus – http://www.apptus.com

Attraqt – https://www.attraqt.com

AutoCommerce – http://autocommerce.io

B12 – https://www.b12.io

Barilliance – https://www.barilliance.com

Big Commerce – https://www.bigcommerce.com

Bloomreach – https://www.bloomreach.com/en

Braze – https://www.braze.com/product/optimization-ai/

Brighterion – https://brighterion.com

Bunting – https://bunting.com

Clarifai – https://www.clarifai.com

Clinc – hhttps://clinc.com

Cloud Engage – https://cloudengage.com/platform/

Cloud-iq – http://www.cloud-iq.com

Cognigy – https://cognigy.com

Cognira – https://cognira.com

Cognitive Scale – https://www.cognitivescale.com

Commerceiq – https://commerceiq.ai

Couture.ai – http://www.couture.ai

Coveo – https://www.coveo.com/en

Criteo – https://www.criteo.com

DynamicYield – https://www.dynamicyield.com

Elastic Path – https://www.elasticpath.com

Emarsys – https://www.emarsys.com/en/

EpiServer – https://www.episerver.com

Evergage – https://www.evergage.com

Evolv – https://www.evolv.ai

Exponea – https://exponea.com

Feedzai – https://feedzai.com

Fellow – hhttps://www.fellowai.com

First Insight – https://www.firstinsight.com

Forma – https://www.formatech.com

Granify – https://www.granify.com

H2O – https://www.h2o.ai

HiConversion – https://www.hiconversion.com

IBM – https://www.ibm.com/watson

Infinite Analytics – https://infiniteanalytics.com

Invia Robotics – https://www.inviarobotics.com

IPSoft – https://www.ipsoft.com

Jetlore – https://www.jetlore.com

Jumper – https://jumper.ai

Justuno – https://www.justuno.com

Kameleoon – https://www.kameleoon.com/en

Kibo – https://kibocommerce.com

Kindred – https://www.kindred.ai

Klevu – https://www.klevu.com

Kofax – hhttps://www.kofax.com

Kount – https://www.kount.com

Kungfu – https://www.kungfu.ai

Layer6 – https://layer6.ai

LiftIgniter – https://www.liftigniter.com

Linkcious – https://www.linkcious.com

Limespot – https://www.limespot.com/

Listrak – https://www.listrak.com

Magento – https://magento.com

Monahq – https://www.monahq.com

Narvar – https://corp.narvar.com

Neowise – http://www.neowize.com

Netcore – https://netcore.in

Netomi – https://www.netomi.com

NetSuite – https://www.netsuite.com/portal/home.shtml

Nosto – https://www.nosto.com/ecommerce-intelligence-engine/

Octane AI – https://octaneai.com

OnlineSales – https://onlinesales.ai

Optimize – https://www.webtrends-optimize.com

OptinMonster – https://optinmonster.com

Optoro – https://www.optoro.com

Personali.com – http://www.personali.com/

Personetics – https://personetics.com

Pure360 – https://www.pure360.com

PureClarity – https://www.pureclarity.com

Pype Stream – https://www.pypestream.com

Qubit – https://www.qubit.com/#

Reactful – https://www.reactful.com

Reflekton – https://reflektion.com

Rehinged – https://rehinged.ai

Rich Relevance – https://www.richrelevance.com

RSVP – https://rsvp.ai/en/#/index

SalesForce – https://www.salesforce.com/products/einstein/roles/

Scalefast – https://www.scalefast.com

SearchIQ – https://www.searchiq.co/

Shopify – https://www.shopify.com/plus

Simility – https://simility.com

SiteZeus – https://sitezeus.com

Slyce – https://slyce.it

Staqu – http://www.staqu.com

Syte – https://www.syte.ai

Tellius – https://www.tellius.com

3PM – https://3pm.ai

Triggmine – http://www.triggmine.com

Twiggle – http://www.twiggle.com

Twilio – https://www.twilio.com/retail

UNBXD – https://unbxd.com

Valyant – https://valyant.ai/#/

Vectra AI – https://www.vectra.ai

Visenze – https://www.visenze.com

Vtex – https://vtex.com/us-en/

Vue – https://vue.ai

WACUL – https://wacul-ai.com/en/

WayBlazer – https://www.wayblazer.ai

WEVO – https://www.wevoconversion.com

Woo Commerce – https://woocommerce.com

Wylei – http://wylei.com

Yokart – https://www.yo-kart.com

Yusp – https://www.yusp.com

Zeta – https://zetaglobal.com

McKinsey Classics: How artificial intelligence changes the executive’s role

“As AI grows in power, the likelihood of sinking under the weight of even quite valuable insights grows as well. The solution would be to democratize information by encouraging business units and functions to make more and better decisions themselves. To learn how the mounting importance of both soft management skills and high technology makes the senior executive’s work more interesting and complex, read ‘Manager and machine: The new leadership equation.’”

https://www.mckinsey.com/~/media/McKinsey/Email/Classics/2020/2020-01-classic.html

AI document engineering startup Docugami raises $10M seed round in unusually large early stage deal

“The startup’s technology uses artificial intelligence to help users create documents such as contracts and reports that can then be analyzed in the aggregate as if the contents were stored in a structured database. Docugami says it’s creating new AI techniques using machine learning, computer vision, natural language processing and unique XML approaches.”

https://www.geekwire.com/2020/ai-document-engineering-startup-docugami-raises-10m-seed-round-unusually-large-early-stage-deal/

Image credit: (Docugami / Dan Morris-Fat Yeti Photography)

The New Business of AI (and How It’s Different From Traditional Software)

  • “Anecdotally, we have seen a surprisingly consistent pattern in the financial data of AI companies, with gross margins often in the 50-60% range – well below the 60-80%+ benchmark for comparable SaaS businesses.
  • The compute resources required to train state-of-the-art AI models has grown over 300,000x since 2012, while the transistor count of NVIDIA GPUs has grown only ~4x!
  • Training a single AI model can cost hundreds of thousands of dollars (or more) in compute resources. While it’s tempting to treat this as a one-time cost, retraining is increasingly recognized as an ongoing cost”

The New Business of AI (and How It’s Different From Traditional Software)

An artificial intelligence predicts the future

Image credit- Open AI

“We asked an AI called GPT-2, created by OpenAI, a research outfit. Given a prompt, such as a question or the first sentence of a story, it generates what might plausibly come next. Here are some of its (unedited) ­answers to our questions on the big themes of 2020.

Q: How do you see the economic outlook for 2020?
A: I think it is very unclear. The outlook for the UK economy is uncertain, but the American economy is very strong. I think we are going to have a lot of turbulence in the world economy.”

https://theworldin.economist.com/edition/2020/article/17521/artificial-intelligence-predicts-future


“GPT-2: 1.5B Release As the final model release of GPT-2’s staged release, we’re releasing the largest version (1.5B parameters) of GPT-2 along with code and model weights to facilitate detection of outputs of GPT-2 models. While there have been larger language models released since August, we’ve continued with our original staged release plan in order to provide the community with a test case of a full staged release process. We hope that this test case will be useful to developers of future powerful models, and we’re actively continuing the conversation with the AI community on responsible publication.”

https://openai.com/blog/gpt-2-1-5b-release/

8 Powerful Examples Of AI For Good

  1. “Accessibility – There are more than 1 billion people living with a disability around the world. Artificial intelligence can be used to amplify these people’s abilities to improve their accessibility.
  1. Climate Change, Conservation and the Environment
  1. World Hunger
  1. Human Rights
  1. Fight Fake News
  1. Education
  1. Healthcare
  1. Resilience”

https://www.google.com/amp/s/www.forbes.com/sites/bernardmarr/2020/02/10/8-powerful-examples-of-ai-for-good/amp/

Image credit: Adobe stock