The rapid broadening of AI and the resultant implications for significant increases in job creation are not widely spoken about. Vian Chinner discusses these two AI trends that will become a reality in 2019 in greater detail, sharing some examples of what these trends may look like. This article exposes an opportunity to turn the common pessimistic narrative on its head, providing a unique view on the opportunities, as opposed to the threats.
Modern day businesses that survived the computer age are at risk of falling behind and beginning their own decline if they do not look to evolve with rapidly increasing AI innovations. Xineoh elaborates on why it has become impossible for humans to interact with the vast amounts of data they have access to in a meaningful way without the use of AI.
Vian Chinner discusses why retailers need to reassess their consumer demand prediction methods and adopt a modern AI solution ahead of the surge in year-end shopping or risk being caught unprepared, understaffed and out of stock when shoppers pile in.
While more and more industries realize what an important role AI can play in helping them achieve their goals, its availability to smaller businesses has been limited. Vian Chinner discusses how AI solutions that are accessible and cost-effective can be implemented to sustainably improve customer satisfaction, pinpoint where best to reach potential customers and accurately forecast inventory requirements.
Small- and medium-sized businesses (SMEs) are taking center stage in the global economy. The AI world is joining in with promises of predicting consumer behavior geared towards SMEs who have to compete with tech giants regarding cost, complexity and consulting. Xineoh enables SMEs to smile at technology that allows them to benefit as much as the bigger players.
With qualified data scientists in short supply and expectations hard to establish, how do you know whether your data scientist recruit is optimally effective? Here are 5 common excuses that should raise the red flag, and cause you to question the quality of your hire.
Tech heavyweight, John Robison, states that "machines are now much better at analyzing and solving certain types of problems than humans, and computers can quickly process and analyze the massive amounts of data." After having great success at both Yahoo and Netflix, he is now working with the Xineoh team to package and deliver this exciting technology.
"You don't really have a business if you don\t leverage AI and machine learning, it's that simple," explains Robison. "To me, it is clear that any business not leveraging AI already is going to find itself falling behind its competition far more quickly than it might realize."
Xineoh proudly welcomes its first ‘tech giant’ to its board of directors. John Robison is a senior executive leader with many years of expertise in rapid growth and scalability of technology solutions. With former affiliations with Yahoo, Netflix, Move, Inc., and Realtor.com, Robison will support Xineoh’s local and international growth immensely.
The VideoLlama algorithm returns results of 14.5% accuracy, which is an astounding rise from the 3% accuracy you get from algorithms that use very basic inference, or "item-to-item similarity". Even more impressive is that fact that this algorithm doesn't take into account any metadata at all. This means the algorithm is generalisable, or can be set to work on recommending anything.
Artificial Intelligence (AI) is rapidly coming of age, as business leaders increasingly grasp the immense potential of "smart" machines. Xineoh is counted as one of 4 South African AI startups that are pioneering AI in the country.
Each year, the University of the Free State (UFS) celebrates its outstanding alumni, who have stood out among their peers, making waves in their careers, at home and abroad. The Chancellor's Distinguished Alumnus of the Year Award was presented to Vian Chinner, chief executive officer at Xineoh. The highest honor accorded to an alumnus recognizes the distinguished national or international achievements of its recipient.
Described by Gene Anderson, CEO of Advanced Online Technology and The Billionaire Foundation ambassador, as one of the "most brilliant" people he had ever worked with, Vian Chinner epitomises ambition. The University of the Free State presented Xineoh's founder and CEO with the Chancellor's Distinguished Alumnus of the Year award in recognition of an excellent alumnus who serves to inspire fellow alumni, current students and the community at large.
While many entrepreneurs struggle with getting access to funds from investors, Xineoh, a Bloemfontein start-up company, managed to secure over R26-million from Canadian and American investors in 2017 by developing a recommender algorithm which monitors consumer behavior as well as predicts potential purchasing behavior.
Founded in 2014, Bloemfontein based performance marketing company Xineoh is making waves internationally thanks to its unique vectorization algorithm. Priding itself on its professionalism and results-orientated philosophy, Xineoh is fast creating its very own Silicon Valley in the heartland of South Africa, offering up local tech whizzes a chance to experience AI and machine learning in a hands-on fashion.
Bloem-based performance marketing company Xineoh is making headlines with their unique algorithm, which bears similarities to those used by the likes of Amazon.com and Netflix, tapping into user behavior to predict potential purchasing behavior. What however makes this solution so special is the fact that it\'s entirely scalable and easy to deploy across a wide range of sectors.
While accurate AI-powered predictive analytics is not a new thing, it is mostly only affordable at a corporate and enterprise level. South Africa-based Xineoh has developed a platform for predicting customer behavior with AI that is more accurate than any other solution available and aims to mainly focus on small to medium-sized businesses.
All eyes are on Bloemfontein-based startup Xineoh thanks to its unique algorithm which helps connect the right buyer to the right producer by tapping into user behavior to predict potential purchasing behavior and serve users bespoke information likely to incite conversion. Xineoh continues to attract the interest of investors, with $2-million received in backing up to 2017.
Vian Chinner, CEO of Xineoh, joins CNBC Africa and explains how AI significantly optimizes productivity by taking a company’s raw transaction data and making fast and accurate predictions that assist in areas such as stocking the correct amount of inventory and asking the most accurate price for it.
MoneyMakers' Bruce Whitfield speaks to Vian Chinner, CEO of Xineoh, about its connection to Amazon and why it is getting the attention of US venture capitalists. "We help users figure out what it is they actually want." A big cheque to write, which Xineoh's world-class algorithm cashes every time.
Thanks to an investment deal with a Canadian company, Xineoh has received a $2million cash injection through a reverse-takeover of a cash shell. The funding is being used to expand, launch and market VideoLlama, a program that uses Xineoh\'s unique algorithm to assist movie watchers to choose their preferred films to stream.
How AI, Deep Learning and Super-Intelligence Will Drive Productivity and Improve Performance.
Guardians of the retail sector: how artificial intelligence (AI) is changing day to day business in the retail sector.
AI and machine learning are revolutionizing how businesses compete and grow, introducing a new production element that can significantly increase profitability. This feature explores how machine learning (AI) is impacting the workplace environment and looks to Xineoh CEO Vian Chinner to explain how the 4th Industrial Revolution is changing the way we do business.
Fraud has been taking place throughout human history and has only become more complex and difficult to stop as technology has advanced. Vian Chinner, CEO of Xineoh explains how it is imperative to use the most advanced AI techniques available to fight cybercrime.
Presently, AI can offer all kinds of benefits to businesses large and small and the extent to which algorithms can be used to improve your business is ultimately limited only by your imagination. Vian Chinner, CEO of Xineoh, explains the exciting future that the 4th Industrial Revolution holds.
Today, the concept of being forced to stay in, so as not to miss our favorite show seems almost incomprehensible. Vian Chinner, CEO of Xineoh, explains how the rapid emergence of new technology has totally shifted the way we engage with entertainment, with machines starting to act as virtual concierges, providing curated recommendations that are likely to become increasingly effective.
Machine learning is fast becoming an imperative for businesses looking to understand and maximize the impact of their carefully monitored marketing spend. Vian Chinner, CEO of Xineoh, explains why traditional commerce is all but obsolete and how the time has come for businesses to adapt or die.
It is becoming increasingly difficult for traditional businesses to compete with their artificially assisted counterparts that are better able to capitalize on consumers' shrinking attention spans and widespread time poverty. Vian Chinner, CEO of Xineoh, elaborates on how the introduction of more broadly applicable machine learning systems will allow smaller businesses to tap into existing intelligence.
Businesses currently employing AI systems have proven ability to offer their clientele greater perceived value, while at the same time significantly improving their own. Vian Chinner, CEO of Xineoh, discusses how vital it is that businesses remain mindful of the capabilities of AI, and the potential implications for their bottom line.
During past Industrial Revolutions, as animals replaced humans and electricity replaced steam, jobs have in fact become more abundant. Vian Chinner, CEO of Xineoh, shares his views on how the 4th Industrial Revolution will bring forth a wealth of opportunities to cater for needs we never even knew might exist.