News Hub | News Direct

Retail

Bridal Cosmetics E-Commerce Luxury Office Products Supply Chain Management
Article thumbnail News Release

Ethereum Could Hit $14K in 2025 As per Standard Chartered, Ali Martinez Predicts Bitcoin Will Reach $72K; KangaMoon Price Surges

Kangamoon

In recent times, Ethereum (ETH) has been the talk of the town. According to a Standard Chartered prediction, it could reach an impressive $14,000 in 2025. Meanwhile, analyst Ali Martinez foresees Bitcoin (BTC) reaching $72,880. KangaMoon (KANG) is also making headlines as a meme coin in Stage 4 of its presale and analysts predict it will hit $1 in 2024. An Ethereum Price Prediction by Standard Chartered Recently, Ethereum (ETH) has been on the rise. As per CoinMarketCap data, the Ethereum price surged from $2,947 to $3,467 over the last 30 days. In that time, its market cap also rose from $354B to $416B. According to Standard Chartered, the Ethereum ETF approval may push its value to $8,000 in 2024 and $14,000 in 2025. In the next two years, Ethereum is expected to perform at or surpass Bitcoin. The Ethereum crypto also trades above its 100—and 200-day EMAs while boasting 25 green technical indicators. Thus, experts foresee ETH hitting $4,500 within Q2 of 2024. Ali Martinez with a Bullish Bitcoin Price Prediction Bitcoin (BTC) is another crypto that has been soaring recently. In fact, the Bitcoin price rose from $51,100 to $67,250 in the last month. During that period, its market cap increased from $1T to $1.31T. Analyst Ali Martinez predicts that Bitcoin may reach $72,880 soon. The technical analysis of the Bitcoin crypto also paints a bullish picture. For instance, BTC is now trading above its 100 and 200-day EMAs while having 26 technical indicators showing buy signals. For all these reasons, market analysts forecast Bitcoin to reach a value of $84,000 within Q3 of 2024. KangaMoon (KANG): On Pace To Hit $1 While Ethereum and Bitcoin dominate headlines, meme coins like KangaMoon (KANG) are also making waves. This rising presale star has already obtained over $3.4M and is projected to reach $4M before April ends. KangaMoon is preparing to release a play-to-earn (P2E) game that uses its native token, KANG. With KANG, players can buy in-game items and boost their characters’ abilities. This immediately sets KANG apart from 99% of meme coins, which have no utility. Because of this, KangaMoon could emerge as one of the best new meme tokens. What makes KangaMoon different is how they build community. Before its official launch, KangaMoon gives active members of its community free KANG coins through engagement on various social media platforms. In other words, if you share, like or comment on KangaMoon’s social media posts, you may win free KANG before its launch. Currently, in Stage 4 of its presale, KANG has a value of $0.014 - up 180% from its starting price of $0.005. According to experts, this meme coin could be worth around $1 in Q2 of 2024 as a Tier-1 CEX listing is coming..They also base this prediction on KangaMoon’s ties to the P2E games market which Yahoo Finance projects will reach $885M by 2028. Will KangaMoon Pump Faster Than Ethereum and Bitcoin? Currently, KangaMoon has a market cap of $14M. With such a low market cap, KANG has a good chance of faster and more notable growth than Ethereum and Bitcoin. Because of this, KANG could become the next member of the meme coin titans. If interested in this presale, follow the links below and obtain a 10% bonus on each purchase. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://Kangamoon.com/ Join Our Telegram Community: https://t.me/Kangamoonofficial Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

April 02, 2024 12:02 PM Central Daylight Time

Image
Article thumbnail News Release

Xalles announces subsidiary CashX partners with Fluid Tech to enhance Virtual Gift Cards

Xalles Holdings

Xalles Holdings subsidiary CashX CEO Stephen Combe joined Steve Darling from Proactive to announce an exciting partnership between the company's subsidiary, CashXAI, and Fluid Tech, a pioneer in virtual gift card technology and advertising platforms. This collaboration aims to revolutionize financial services by introducing virtual Gift Cards to CashX users. Combe explained to Proactive that through this partnership, CashX users now have the opportunity to purchase and send Fluid Tech's V-Cards, offering a unique and personalized way to gift. These virtual gift cards can be redeemed for a diverse range of nationally recognized brands, providing recipients with unparalleled convenience and choice. Furthermore, the initiative supports cause marketing by enabling a percentage of V-Card proceeds to be donated to charity, enhancing the social impact of every transaction. In addition to enhancing the gifting experience, the collaboration introduces a significant advertising platform to CashX's ecosystem. The platform features content from prominent companies such as P&G, Pepsi/Coke, and others, enriching the CashX service offering. This partnership not only benefits CashX users by providing access to a wider array of gift options but also opens new revenue streams for participating companies and merchants through increased visibility and engagement. Overall, the partnership between CashXAI and Fluid Tech represents a strategic move to enhance the financial services offered by CashX while providing users with innovative gifting solutions. By leveraging virtual Gift Cards and integrating a robust advertising platform, CashX is well-positioned to deliver value to both users and participating businesses, fostering growth and driving engagement within its ecosystem. Contact Details Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 02, 2024 12:58 PM Eastern Daylight Time

Video
Article thumbnail News Release

Korean Beauty Brand MIXIK SKIN Launches With Industry First, All-Mist Skincare Line

MIXIK SKIN

MIXIK SKIN, a Korean beauty brand based in Los Angeles, launched today on a mission to break down the barriers of skincare, making it accessible for all, irrespective of age, gender, or skin type. Teaming up with first retail partner Thirteen Lune, MIXIK SKIN’s innovative all-mist skincare line introduces a minimalist yet effective skincare collection designed to simplify routines while delivering exceptional results. Founder Sunny Oh created MIXIK SKIN out of an essential need for a convenient, sanitary, and travel-friendly skincare solution that was fun yet effective. Inspired by Korean beauty practices, Oh joined forces with co-founders Christine Moon and Lena Park, who recognized the transformative potential of mists in skincare, especially for those with active lifestyles, and embarked on a mission to integrate the ease of mists into every facet of skincare rituals. "Society often dictates rigid standards of beauty and skincare, but we believe that everyone deserves access to products that enhance their natural beauty without limitations," said Sunny Oh, CEO and Co-Founder of MIXIK SKIN. "With MIXIK SKIN, we're not just offering sanitary skincare; we're offering empowerment – the freedom to embrace your unique skin journey confidently, conveniently, and consistently." MIKIK SKIN blends the best of both worlds with roots in Los Angeles and production and innovation from Korea. At MIXIK, crafting skincare solutions from luxury-quality ingredients at an affordable rate is imperative to its ethos as the brand aims to cultivate a diverse and inclusive beauty landscape, ensuring that everyone’s skincare needs are addressed at every price point. "As a Korean-American, I've always felt a deep connection to both cultures, and MIXIK SKIN is a reflection of that fusion," said Christine Moon, Managing Director and Co-Founder of MIXIK SKIN. "We're proud to bring the essence of Korean beauty to a global audience, while also championing diversity in an industry that often lacks representation." MIXIK SKIN's debut collection features four essential products: the Cleansing Oil, Jelly Toner, Botanical Serum, and Hydra Cream, all formulated with the rejuvenating properties of blue agave and rosewater. Crafted with a commitment to ethical practices, all MIXIK SKIN products are cruelty-free and vegan, embodying the brand's core values of inclusivity, simplicity, and quality. "We believe that skincare should be both effective and enjoyable, which is why we've curated a line that prioritizes simplicity without compromising on results," said Lena Park, Brand Director and Co-Founder of MIXIK SKIN. "Our products are designed to fit seamlessly into any routine, providing nourishment and hydration for every skin type." MIXIK SKIN is available to shop at www.mixikskin.com and at Thirteen Lune. For more information and updates, visit www.mixikskin.com and follow @mixikskin on social media. Hi-res images, interviews, and media samples are available upon request. About MIXIK SKIN: MIXIK SKIN is a Korean beauty brand based in Los Angeles, dedicated to breaking down the barriers of skincare and making it accessible for all. Founded by Sunny Oh, Christine Moon, and Lena Park, MIXIK SKIN blends the best of Korean skincare wisdom with modern innovation, offering a range of minimalist yet effective products designed for every skin type and gender identity. With a commitment to inclusivity, simplicity, and quality, MIXIK SKIN empowers individuals to embrace their unique skin journey with confidence. Contact Details Six One Agency Cami Carlson camryn@six-one.com

April 02, 2024 08:03 AM Eastern Daylight Time

Article thumbnail News Release

Consumer Discretionary Sector SPDR Fund (XLY): Tapping Into the Luxury Consumer Market

Select Sector SPDR

The Consumer Discretionary Select Sector SPDR Fund (XLY) offers investors a unique opportunity to gain exposure to the high-end retail market. XLY offers exposure to the consumer discretionary sector, making it an appealing option for investors looking to tap into the potential of profit margins from high-priced goods and services. This sector includes companies involved in the production and distribution of non-essential goods and services such as electronics, travel, dining out, vacations, video games, toys, and entertainment. A Look At The Top Holdings* Currently XLY's holdings include a comprehensive list of high-performing stocks from industry-leading companies like Amazon (23.14%), Tesla (12.85%), Home Depot (10.07%), McDonald's (4.24%) and Lowe’s (3.96%). These companies cater not only to the luxury goods market, but also to discretionary spending in other areas, ensuring that investors can benefit from a diverse range of consumer spending patterns. Since its establishment in 1998, the XLY fund has amassed over $20 billion in assets under management, with an investor-friendly expense ratio of 0.09%**. The fund aims to replicate the performance of the S&P 500 Consumer Discretionary Index, providing a comprehensive view of the consumer discretionary space, allowing investors to benefit from the sector's potential growth. Going Strong Year Over Year With the economy on the mend, the consumer discretionary sector is poised to thrive. As consumer confidence strengthens, discretionary spending is anticipated to rise, potentially favoring companies in this sector. In summary, the XLY fund presents a unique method to invest in the high-end retail market. It's an opportunity to delve into the spending habits of wealthy consumers, without the necessity to scrutinize individual companies. With its diversified portfolio and cost-effectiveness, the XLY fund is a noteworthy consideration for investors aiming to harness the potential of the consumer discretionary sector. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. *Holdings, Weightings & Assets as of 3/31/24 subject to change **Ordinary brokerage fees apply DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL007402 EXP 5/31/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

April 02, 2024 05:00 AM Eastern Daylight Time

Article thumbnail News Release

BlackRock Indecisive About Ethereum ETF, Solana Staking Overview, Bullish KangaMoon (KANG) Reaches New Milestone

Kangamoon

Amidst the bullish sentiment surrounding KangaMoon, notable developments in the cryptocurrency market have sparked further intrigue. BlackRock, a leading global asset manager, is contemplating a reassessment of its digital asset strategy, particularly regarding the potential introduction of an Ethereum (ETH) Exchange-Traded Fund (ETF). Additionally, Solana (SOL) emerges as a contender in terms of economic security, with its staking ecosystem steadily approaching Ethereum's stature. KangaMoon (KANG): Bullish Altcoin Keeps Making Waves KangaMoon (KANG) has experienced an impressive surge of 180% since the commencement of its presale, reaching its current price of $0.014 in Stage 4. Early backers are celebrating substantial returns on their investment, with crypto analysts anticipating further gains in the near future. Projections suggest a potential 100x increase, potentially propelling the price of the KANG altcoin to $1, signaling significant growth on the horizon. What sets the KangaMoon project apart is its innovative approach, diverging from conventional meme coins by integrating community engagement and Play to Earn (P2E) mechanics. The project prioritizes its community, offering various opportunities for users to earn KANG tokens through social media challenges and active involvement in shaping its development trajectory. This distinctive SocialFi strategy cultivates a robust sense of ownership among participants and drives sustainable expansion. As outlined in KangaMoon's road map, the project is slated to list its KANG token in Q2 2024. For investors seeking promising crypto assets, this presents an opportune moment to consider joining the KangaMoon project before its official launch. By embracing KangaMoon early on, investors can position themselves to potentially capitalize on its anticipated growth trajectory. BlackRock Contemplates Reassessment of Ethereum (ETH) Exchange-Traded Fund (ETF) in Response to Client Preferences BlackRock, the leading global asset manager, is deliberating whether to proceed with its application for an Ethereum ETF. This reassessment follows the successful introduction of its Bitcoin ETF earlier in 2024. During the Bitcoin Investor Day conference in New York, Robert Mitchnick, BlackRock's digital assets head, emphasized the firm's clients' keen interest in Bitcoin. Mitchnick highlighted that compared to Bitcoin, there is considerably less demand for Ethereum and other cryptocurrencies. These observations suggest a potential shift in BlackRock's digital asset strategy, with Ethereum appearing less favored. Despite internal discussions about the Ethereum ETF, a definitive decision regarding the application has yet to be made by BlackRock. Solana (SOL) Economic Security and Staking Overview With a combined staking value now standing at $70 billion, Solana (SOL) is steadily approaching Ethereum (ETH) in terms of economic security. Nevertheless, Solana's staking ecosystem exhibits significant concentration, with a substantial portion of locked SOL attributed to the Solana Foundation or affiliated venture capital entities. Despite the apparent surge in staked Solana (SOL), it's important to recognize that the supply dynamics, notably the daily inflation of $20 million for stakers, add complexity to interpreting staking as a metric of economic security for ordinary holders. Analysts are deliberating on potential support levels for Solana (SOL) amidst ongoing market fluctuations. While some suggest that support levels at $106.9 and $128.8 may be revisited in the event of Bitcoin dropping below the $60,000 threshold, indicators do not strongly indicate an imminent deep retracement. Conclusion In conclusion, the cryptocurrency market continues to witness dynamic shifts and noteworthy developments, with KangaMoon (KANG) leading the charge in the altcoin market with its remarkable surge and innovative approach. As investors eagerly anticipate the listing of KANG tokens in Q2 2024, the project's emphasis on community engagement and sustainable growth positions it as a compelling investment opportunity. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://Kangamoon.com/ Join Our Telegram Community: https://t.me/Kangamoonofficial Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Disclaimer: The following disclaimer is important to read and understand before engaging with Kangamoon, a play-to-earn meme coin. By accessing or participating in any activities related to Kangamoon, you acknowledge and accept the terms outlined below: 1 No Financial Advice: This whitepaper and any associated content do not constitute financial advice, investment recommendations, or solicitation to purchase Kangamoon tokens. The information provided is for informational purposes only. It is your responsibility to conduct thorough research and seek professional advice before making any financial decisions. 2 Volatility and Risks: Cryptocurrencies, including Kangamoon, are volatile and subject to significant price fluctuations. Investing in or holding Kangamoon tokens involves substantial risks, including the possibility of total loss. Past performance is not indicative of future results. 3 Regulatory Compliance: The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Kangamoon. 4 Uncertain Market: The market for meme coins and play-to-earn platforms is highly speculative and subject to rapid changes. There is no guarantee of market demand, liquidity, or utility for Kangamoon tokens. Token values may fluctuate drastically and may not reflect the intrinsic value of the project. By continuing to engage with Kangamoon, you acknowledge and accept the risks and limitations outlined in this disclaimer. You should only participate if you fully understand and are willing to assume these risks. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

April 01, 2024 07:38 AM Central Daylight Time

Image
Article thumbnail News Release

ToolsGroup and Scarpe&Scarpe to Present at upcoming eP Summit, April 9-10, Florence, Italy

ToolsGroup

ToolsGroup is excited to announce our participation in the upcoming eP Summit 2024, the Pitti Immagine event focused on the relationship between fashion and the digital world in Florence, Italy, on April 9-10. Additionally, we are thrilled to highlight the presence of one of our top retail customers in Italy, Scarpe&Scarpe, who will share their success story. Marcello Pace, CEO of Scarpe&Scarpe, a major player in the retail of shoes and leather goods with over 100 stores across Italy, will discuss how the company is transforming its merchandising processes by integrating ToolsGroup’s AI-powered solutions. This revolutionary approach has enabled Scarpe&Scarpe to optimize margins while minimizing overstock, resulting in significant business improvements. Pace first saw the value of the ToolsGroup solutions at the time when he was CEO of PittaRosso, another large Italian retailer of shoes, an experience which has eventually been published as a Harvard Business School case study. Facing the challenge of overstock and the need to enhance sell-through rates, PittaRosso implemented an automated markdown optimization solution leveraging historical sales data, comprehensive market insights, and inventory analytics. Within just two months of adopting ToolsGroup’s AI-driven solution, PittaRosso experienced a remarkable +14.3% increase in sell-through, alongside improved inventory efficiency, contributing to a €4.2 million boost in the overall margin. Pace’s success in generating growth for PittaRosso through revolutionary AI was the foundation for his vision towards achieving a similarly transformative impact at Scarpe&Scarpe. Marcello Pace commented, “We urgently needed a strategy to maximize margin and sell-through rates. Within just months, ToolsGroup’s AI-powered solution provided tangible results, perfectly aligning with our inventory and growth objectives. Embracing digital transformation is crucial for our brand’s retail expansion, and ToolsGroup emerged as the ideal technological partner to enhance our revenue and margin growth.” Inna Kuznetsova, CEO of ToolsGroup, emphasized, ““Scarpe&Scarpe's success embodies today’s AI powered revolution in retail and supply chain planning technologies. The immediate business impact they observed is a testament to how real-time decision making not only adapts to an unpredictable market, but enables businesses to thrive in it. It's a privilege to partner with Scarpe&Scarpe on their innovation and digital transformation journey. Together, we're paving the way for smarter, more sustainable growth.” Curious to learn more about ToolsGroup’s retail planning solutions? Book a meeting with us at the link https://www.toolsgroup.com/events/ and visit our booth A/5 at eP Summit on April 9-10 at Stazione Leopolda, Florence. About Scarpe&Scarpe From the 1960s to today, from retail to specialized distribution, the Scarpe&Scarpe brand has been the protagonist of great changes while remaining faithful to its mission. The variety of proposals, the quality of materials and the competitiveness of prices have always characterized the entire production of a company which, through targeted investments and constant attention to competitive scenarios, has been able to conquer the Italian market by responding to the needs of the public in always effective manner. Today, thanks to the strong identity of the brand, the effectiveness of the entrepreneurial strategies, the careful planning of the format of the exhibition spaces and the qualification of the sales staff, Scarpe&Scarpe is a consolidated and successful commercial reality, as explicitly demonstrated by the data on its dimensions. In fact, the brand currently has over 100 stores distributed across the country and relies on the collaboration of 1300 employees. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision-making and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

March 28, 2024 09:00 AM Eastern Daylight Time

Image
Article thumbnail News Release

Timothy Applegate Elected as Board Chair Elect for National Contract Management Association

National Contract Management Association

The National Contract Management Association (NCMA), dedicated to advancing the contract management profession, proudly announces the appointment of Timothy Applegate as its Board Chair for Program Year 2026, that begins July 1, 2025. A retired Colonel in the United States Air Force, Mr. Applegate brings over 36 years of acquisition and contracting expertise to the role. Mr. Applegate is currently a distinguished member of the Senior Executive Service and Director of the Acquisition Management and Integration Center at Headquarters Air Combat Command (ACC), where he is responsible for overseeing a total acquisition portfolio exceeding $20 billion. A devoted member of NCMA since 1992, an NCMA Certified Professional Contract Manager™ (CPCM™) certificant, Board Member (2018- 2021 and 2023-2024), and Board Advisor (2021-2022), Mr. Applegate is a dedicated and long-standing champion of NCMA and the role it plays in the advancement of the contract management profession. "It is a privilege to serve alongside such esteemed colleagues and I look forward to working with the NCMA's dedicated members and partners,” said Mr. Applegate. Kraig Conrad, CEO of NCMA, added, "Tim's wealth of experience and expertise is truly invaluable to meet our strategic objectives. Over the past six years, he has been instrumental in fostering the growth and evolution of our association through his dedicated service. I am eager to collaborate with him to advance our Common Language Initiative and expand our partnerships to elevate the profession with international standards.” With Mr. Applegate assuming the role of Board Chair-Elect, NCMA is poised to further enhance its programs and standards, ensuring that practitioners receive unparalleled support and opportunities for professional development and certification. The entire NCMA community eagerly looks forward to the transformative leadership that Mr. Applegate will bring to the organization. The National Contract Management Association (NCMA) – www.ncmahq.org – has grown as a professional society whose mission is to collaborate towards a globally recognized contract management profession that strengthens its nexus with related acquisition communities. Serving approximately 20,000 members in both the public and private sectors, NCMA propels the growth, advancement, and impact of practitioners through a steadfast commitment to serve through the open exchange of ideas in neutral forums. Contact Details National Contract Management Assocation Holly DeHesa +1 281-865-3296 holly.dehesa@ncmahq.org Company Website https://www.ncmahq.org

March 26, 2024 06:25 PM Eastern Daylight Time

Image
Article thumbnail News Release

Adin Avertising Technology Announces AI-Based Approach to Digital Media Planning - Adin.Ai

Spark Metro PR

In an era marked by challenges in transparency and efficiency, Adin.Ai disrupts the traditional media planning sector by emerging as a beacon of innovation, transforming the landscape of media planning through its AI-based advertising intelligence platform. With unparalleled precision and strategy, Adin.Ai revolutionizes planning processes across TV and digital platforms. The Visionary Team Behind Adin.Ai's Success At the helm of Adin.Ai's ground-breaking platform is an esteemed team of industry pioneers, led by the renowned entrepreneur Serhat Gurcu, a five-time honoree on the Fortune 40 Under 40 list. Partnering with Gurcu is Prof. Altan Cakır, a luminary in data science and artificial intelligence. Together with other esteemed founding partners, including visionary 2 CTOs, a PhD holder, a rising star female co-founder in media, and another female co-founder who is one of the Fast Company Female Founders for 3 years in a row, Adin.Ai stands poised at the forefront of the industry. Innovative Technology Drives Enhanced Transparency Adin.Ai's integration of AI and blockchain technology ensures an unprecedented level of transactional transparency. Through Adin.trust, each transaction is securely recorded, instilling advertisers with the confidence needed to invest in their media planning strategies. Industry Recognition and Collaborative Ventures Fast Company's recognition of Adin.Ai on both its Most Innovative Companies and Startup 100 lists underscores the company's impact. Additionally, AWS lauds Adin.Ai's proactive adoption of emerging cloud and AI technologies, particularly its utilization of generative AI, a testament to Adin.Ai's commitment to staying at the forefront of technological advancements. The collaboration between Adin.Ai and AWS engineers has resulted in a unique amalgamation of different AWS modules, harmoniously working together to enhance Adin.Ai's capabilities. With AWS's validation of its technology and an upcoming collaboration with KPMG, Adin.Ai is primed to further its influence on global media transparency. Stellar Financial Performance Foreshadows Success In its Proof of Concept (POC) year, Adin.Ai generated an impressive revenue of 300K USD, setting a robust foundation for its future endeavors. Subsequently, in its first official year, the company achieved an Annual Recurring Revenue (ARR) of 2.4M USD, alongside a Monthly Recurring Revenue (MRR) of 200K USD. Notably, 70% of this revenue was generated in Turkey, a testament to Adin.Ai's resilience amid currency fluctuations. Additionally, the company reported 11 M USD Billings in its first year, indicating strong growth and market demand for its innovative solutions. Explosive Growth in Competitive Markets Adin.Ai's strategic focus on expansion across Europe and the UK has yielded exceptional results, with a staggering 700% growth compared to the previous year. This exponential growth underscores Adin.Ai's strong business model and the burgeoning demand for innovative AI solutions in media planning. Rapid Expansion and Global Ambitions With its remarkable revenue achievements and unprecedented growth rate, Adin.Ai is poised to emerge as the preeminent interface for advertisers worldwide. The company's sights are set on further expansion and solidifying its status as a USA-established company, with Istanbul serving as the operational hub for the Europe, UK, and EMEA region, and London as the headquarters for Europe. This strategic positioning, coupled with global acclaim, sets new benchmarks for excellence in the industry. Adin.Ai is strategically positioned to shape the future of advertising, where AI-based decisions redefine the landscape. Client Success Stories Adin.Ai's transformative impact is evident through the success stories of its clients. A FINTECH company from Spain achieved a remarkable 30% reduction in Cost Per Acquisition, while the largest private bank in Turkey witnessed a substantial 70% increase in Viewability. Additionally, a fashion company from the UK experienced a significant 64% boost in Return on Ad Spend (ROAS), and a gaming company from the Netherlands successfully mitigated display ad fraud by 52%. These results underscore Adin.Ai's commitment to driving tangible outcomes for its clients across diverse industries. Adin.Ai as the AI-Based Digital Advertising Platform for Enterprise Advertisers: Maximize Ad Return up to 5X; Minimize Effort up to 100X. With Adin.Ai, advertisers gain access to a cutting-edge platform that maximizes ad returns up to 5 times while minimizing effort up to 100 times. Our revolutionary AI-driven approach to digital media planning empowers advertisers to achieve unparalleled success in their campaigns. For further insights into Adin.Ai's journey and services, visit www.adin.ai Founders of the Company: Serhat Gürcü: LinkedIn Profile Prof. Altan Çakır: LinkedIn Profile Selin Ergin: LinkedIn Profile Halil Faruk Deniz: LinkedIn Profile Özgün Akın: LinkedIn Profile Seden Gürcü: LinkedIn Profile SOURCE: Adin.Ai Contact Details Adin.ai Seden Gurcu +90 533 476 96 49 Seden@adin.ai Company Website https://adin.ai/

March 26, 2024 11:08 AM Eastern Daylight Time

Image
Article thumbnail News Release

North American Building Materials Leader Cornerstone Building Brands Chooses ToolsGroup and River Logic’s Technology

ToolsGroup

Unique Partnership Delivers an End-to-End Network Optimization Solution to Seamlessly Integrate Supply Chain Design, Manufacturing Footprint and Probabilistic Planning and Execution for Leading Building Materials Manufacturer. ToolsGroup, a global leader in retail and supply chain planning and optimization software, along with partner River Logic, Inc, a global innovator in network design and optimization, announced that Cornerstone Building Brands, a leading North American manufacturer of exterior building materials, will harness the power of their comprehensive technologies for end-to-end value chain optimization. Two of Cornerstone Building Brands’ business units — Aperture Solutions – U.S., which produces a wide range of residential windows and doors suited for both new construction and repair & remodel projects, and Shelter Solutions, which manufactures metal roof and wall systems, metal accessories and complete pre-engineered building systems — chose ToolsGroup and RiverLogic’s technology solutions to achieve their business objectives and strategies. “By combining River Logic’s advanced supply chain network design and its corresponding financial analytics capabilities with ToolsGroup’s demand planning, inventory optimization and planning capabilities, our facilities can now benefit from an all-inclusive supply chain planning solution,” said Christopher Gonzales, vice president of Operations & Supply Chain for Cornerstone Building Brands’ Shelter Solutions business unit. “The combined team identified strategic integration opportunities that empower us to leverage unique modeling approaches. The visualization and scenario planning of the physical and financial value chain overlaid with a digital representation of the actual flow of goods enables us to utilize longer-term strategic supply chain design variations and optimize inventory and service levels.” “Our robust partner ecosystem enables us to provide end-to-end supply chain solutions for customers like Cornerstone Building Brands,” said ToolsGroup CEO, Inna Kuznetzova. “Integrating the ToolsGroup supply chain planning solution with the RiverLogic network design and optimization solution enables Cornerstone to model alternative value chain models and measure the impact on network wide inventory and service levels, driving greater resiliency and profitability across the organization.” “Combining the River Logic Value Chain Optimization solution with ToolsGroup’s service driven supply chain planning capabilities, brings the power of extended network design and strategic financial planning with operational supply chain simulation to Cornerstone Building Brands,” said Carlos Centurion, President of River Logic. “Our partnership with ToolsGroup enables us to provide our customers with optimized value that maximizes their potential for financial returns as well as operational excellence across the supply chain.” Join ToolsGroup and RiverLogic at the Gartner Supply Chain Symposium, May 6-8 Orlando, FL. Christopher Gonzales from Cornerstone will be presenting his story live on Monday afternoon. Book a meeting. ABOUT CORNERSTONE BUILDING BRANDS Cornerstone Building Brands is a leading manufacturer of exterior building products for residential and low-rise non-residential buildings in North America. Headquartered in Cary, N.C., we serve residential and commercial customers across the new construction and repair & remodel markets. Our market-leading portfolio of products spans vinyl windows, vinyl siding, stone veneer, metal roofing, metal wall systems and metal accessories. Cornerstone Building Brands’ broad, multi-channel distribution platform and expansive national footprint includes approximately 18,000 employees at manufacturing, distribution and office locations throughout North America. Corporate stewardship and environmental, social and governance (ESG) responsibility are embedded in our culture. We are committed to contributing positively to the communities where we live, work and play. About River Logic Founded in 2000, River Logic is a global leader in supply chain strategy and planning, helping companies across a wide range of industries resolve complex, cross-functional trade-off decisions while optimizing key objectives like growth, margin, service levels and more. The foundation of River Logic’s technology is a Digital Planning Twin™, which helps companies easily, quickly and thoroughly assess a truly end-to-end set of scenarios, not only including Network Design Optimization, but full value chain that extends to product portfolio, sustainability targets and the financial impact in terms of profitability and the ability to finance the operation. To learn more, visit: www.riverlogic.com. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision-making and unlock powerful business improvements in forecast accuracy, service levels and inventory – delighting customers and achieving financial and sustainability KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com River Logic Hila Eyal, Chief Marketing Officer heyal@riverlogic.com Company Website https://www.toolsgroup.com

March 26, 2024 10:00 AM Eastern Daylight Time

Image
1 ... 7891011 ... 244