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WiMi Developed Execution Platform for AutoAIM Analytics to Facilitate Machine Learning in Marketing

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WiMi Hologram Cloud Inc. (NASDAQ: WIMI) (“WiMi” or the “Company”), a leading global Hologram Augmented Reality (“AR”) Technology provider, today announced that it developed the AutoAIM (Automatic Artificial Intelligence Marketing) analytical execution platform, which uses visual-based programming to organize ML (Machine Learning) more intuitively, facilitating the application and understanding of ML in marketing.

WiMi’s AutoAIM implements ML in marketing by creating a real-time repository of projects and making implementation recommendations for ML in marketing. In this repository, users can learn, share and reuse workflows (visualization code). Visual modular coding is a visual representation-based programming approach for extending Machine Learning (ML) in the marketing domain. It organizes ML projects in an intuitive way through configurable nodes. Our visual programming approach is easier to understand and use than traditional script-based coding interfaces.

AutoAIM analysis platform is a software tool based on visual programming. It provides an intuitive interface that allows users to build and design ML projects by dragging and connecting nodes. These nodes represent different functional components such as data preprocessing, feature extraction, model selection and evaluation. Users are free to select and configure these nodes to build their own workflows according to their project needs. To support different marketing needs and approaches, several ML frameworks are used in AutoAIM. These frameworks include methods such as supervised learning, unsupervised learning and deep learning. Users can choose the appropriate framework and algorithm according to their project requirements.

In terms of technical execution, users first need to import and prepare their marketing data. They can use the data preprocessing nodes provided by AutoAIM to perform operations such as data filtering, feature selection and transformation. Next, users can select the appropriate model node and connect it to the data processing node. In the model node, the user can configure the parameters and hyperparameters of the model, as well as select appropriate evaluation metrics. Once the workflow is configured, users can execute the ML project and observe the results. AutoAIM provides visualization tools and charts to help users analyze and interpret the model output. Users can also adjust nodes and parameters in the workflow and optimize as needed.

With our conceptual visual coding and AutoAIM analytical platform, users are able to approach marketing program development more intuitively and flexibly. They can quickly build and adapt workflows without having to delve into the underlying programming language and algorithmic details. This enables marketing teams to better collaborate, share, and reuse workflows to increase productivity and accelerate the execution and development of marketing applications.

The technology and logic of the AutoAIM platform are reflected in the following areas:

Visual programming: the AutoAIM platform uses a visual-based programming approach to transform complex machine learning algorithms and processes into intuitive graphical interfaces and drag-and-drop functionality. This approach enables marketing professionals to quickly create and implement machine learning projects without an in-depth knowledge of programming languages. Users can build their own ML models by combining different modules with simple operations, and make real-time adjustments and optimizations.

Real-time repository: the AutoAIM platform provides a real-time repository with five annotated sample projects. These projects cover a variety of areas such as customer churn, sentiment analysis, automated image analysis, search engine optimization and customer experience. Users can learn and draw from these examples to understand the application of machine learning in different marketing scenarios, and customize and improve them in their own projects.

Implementation recommendations: more than just a tool for creating and implementing ML projects, the AutoAIM platform provides powerful implementation recommendations. By analyzing data and algorithm performance, the platform is able to provide users with real-time feedback and recommendations. These recommendations can help users optimize their marketing strategies and improve the accuracy and effectiveness of machine learning models.

Workflow sharing and reuse: the AutoAIM platform allows users to learn, share and reuse workflows. Users can save the workflows they create on the platform and share them with other users. This type of knowledge sharing and collaboration promotes learning and exchange among marketing professionals and accelerates the application and innovation of machine learning in marketing.

The AutoAIM platform will significantly drive growth and innovation in the AI marketing space. By streamlining the process of creating and implementing machine learning programs, the platform enables more marketing professionals to leverage AI technology to improve the effectiveness and efficiency of marketing campaigns. Over time, AutoAIM will continue to optimize and expand its platform to meet market needs and continue to lead innovation in the AI marketing.

WiMi’s technical team utilized advanced techniques and algorithms in developing the AutoAIM platform. They have combined the latest research findings in the fields of machine learning, data mining and natural language processing into practically usable tools and features. The library of algorithms and models within the platform is constantly updated and expanded to ensure that users have access to the latest technologies and methodologies to solve marketing challenges.WiMi’s AutoAIM platform is highly flexible. The platform’s basic frame is based on distributed systems and cloud computing technology, capable of handling large-scale data and complex computing tasks. At the same time, the platform supports integration with various data sources and marketing tools, enabling users to easily import data from existing systems and apply machine learning to actual marketing campaigns.

WiMi has been committed to the development of innovative technologies and is also developing new AI advertising and marketing markets based on its business strengths. Currently, WiMi has developed workflows based on AI and machine learning technologies applied in the field of marketing. WiMi provides marketing professionals with an innovative solution that enables them to easily create, share and reuse workflows for ML projects. The platform talked about in this article provides marketing professionals with powerful tools to implement ML projects and incorporate the benefits of machine learning in their marketing strategies through a visualization-based programming approach. Its technological innovations and capabilities enable marketing professionals to better understand and leverage data for more accurate and personalized campaigns.

WiMi believes that AI and machine learning technologies will play an increasingly important role in marketing, and WiMi will continue to help marketing professionals better meet market challenges and improve the effectiveness and ROI of their marketing campaigns through innovative solutions and platforms. WiMi will also continue to improve and upgrade its platform to meet the market’s needs and users’ expectations, and looks forward to working with more marketing professionals and companies to achieve better marketing results. WiMi will continue to improve and upgrade its platform to meet market needs and users’ expectations, and looks forward to working with more marketing professionals and companies to promote the development of AI in the field of marketing and realize more excellent marketing results.

About WIMI Hologram Cloud

WIMI Hologram Cloud, Inc. (NASDAQ:WIMI) is a holographic cloud comprehensive technical solution provider that focuses on professional areas including holographic AR automotive HUD software, 3D holographic pulse LiDAR, head-mounted light field holographic equipment, holographic semiconductor, holographic cloud software, holographic car navigation and others. Its services and holographic AR technologies include holographic AR automotive application, 3D holographic pulse LiDAR technology, holographic vision semiconductor technology, holographic software development, holographic AR advertising technology, holographic AR entertainment technology, holographic ARSDK payment, interactive holographic communication and other holographic AR technologies.

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Qashio and Landmark Group’s Shukran Loyalty Program Announce Strategic Partnership Enabling Seamless Points Exchange

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shukran qashio

Qashio, the leading Spend Management software and corporate card provider in the UAE, is excited to announce a strategic partnership with Landmark Group’s Shukran Loyalty Program, one of the region’s largest and most beloved retail loyalty programs. This collaboration will allow Qashio users to seamlessly exchange their Qashio Points for Shukrans, enhancing the value and flexibility of both loyalty programs for companies across the UAE.

Through this innovative partnership, members of Qashio Points will enjoy an integrated rewards experience, gaining access to a broader range of benefits and opportunities to redeem points through Shukran. The exchange process is designed to ensure that customers can effortlessly convert their Qashio Points into Shukrans and enjoy rewards with popular brands like Centrepoint, Babyshop, Splash, Shoemart, Lifestyle, Max Fashion, Home Centre, Home Box, Emax and Dine at Citymax.

Key Benefits of the Partnership:

  • Enhanced Reward Flexibility: Users can now convert Qashio Points to Shukrans, providing more options to redeem rewards across a wide range of products and services.
  • Increased Value: By merging the strengths of both loyalty programs, customers gain greater value from their accumulated Qashio points, maximizing their spending power and rewards potential.
  • Seamless Integration: The points exchange process is integrated within the Qashio interface, making it easy for users to manage and convert their points.

Armin Moradi, CEO and Co-founder of Qashio, said, “Keeping our promise to deliver the best value for our clients means that we want to offer rewards where our clients see the most value. This collaboration underscores our commitment to enhancing the customer experience and providing innovative solutions that cater to the evolving needs of our clients.

James Dickson, Chief Product Officer, Landmark Digital, said, “We are delighted to announce the launch of our partnership with Qashio, the leading Corporate Card and Expense Management solution in the market. This collaboration enriches our customers’ experiences, allowing them to convert Qashio Points to Shukrans and enjoy an array of redemption options at Landmark Group Brands. Together, we redefine the essence of loyalty, offering our members the opportunity to have a rewarding shopping experience.”

To celebrate the launch of this partnership, Qashio is offering one lucky customer the chance to win 1,000,000 Qashio Points when they sign up to Qashio until 31st August 2024.

About Qashio: Qashio has established itself as a leading Corporate Card and Expense Management solution in the UAE. Their comprehensive platform combines seamless issuance of virtual and physical Corporate cards with robust software capabilities. By streamlining expense management, automating reconciliation processes, and offering additional benefits such as business financing and affordable employee medical insurance, Qashio enables businesses to optimise their financial operations. Qashio Points, Qashio’s loyalty program, is the only corporate loyalty program in the region offering exclusive rewards from Shukran, Emirates Skywards as well as Cashback.

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Arieli EL to Acquires a 59.1% Stake in Elron Ventures, a Leading Cybersecurity and B2B Software Holding Company, for $53.2M

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The acquisition underscores the continued strength of the Israeli cyber and B2B software, where cyber exits accounted for 51% of total tech transactions in 2023. Lisya Bahar-Manoah is leading the acquisition and has joined Arieli EL as Managing Partner.

NEW YORK and TEL AVIV, Israel, July 22, 2024 — Arieli EL, part of the Arieli group of companies, has today announced the acquisition of a 59.1% stake in veteran cyber and B2B software holding company Elron Ventures (TASE: ELRN) for $53.2 million from Discount Investment Corporation Ltd. This acquisition highlights the significant market opportunities within the Israeli ecosystem, especially in cybersecurity and defense. Lisya Bahar-Manoah, Managing Partner at Arieli EL, is leading the acquisition of Elron Ventures (Elron).

Gartner forecasts that security and risk management spending will reach over $200 billion globally in 2024, representing a 14.3% year-over-year growth. This trend demonstrates the growing importance of cybersecurity, a sector where Israel, home to over 500 cybersecurity companies, is regarded as a global leader.

“The gap between real-time cyber solutions and evolving cyber threats is a critical challenge,” said Lisya Bahar-Manoah, Managing Partner at Arieli EL. “In 2023, there were more than 300 million victims of cybercrime globally, with data breaches rising by 78% in the US alone. Israeli cybersecurity exits in 2023 grew by 65% totalling $7.1 billion, and we see this trajectory only gathering pace in 2024 as demonstrated by reports of Google’s acquisition of Wiz for $23 billion. We are excited to be partnering with Elron’s team as well as Elron’s joint venture with Rafael Advanced Defense Systems (Rafael) to further contribute to this sector and continue building innovative solutions for sustained growth.”

Elron Ventures has over $250 million in assets under management (AUM) and its portfolio includes over 19 companies across the cybersecurity, B2B Software, and health-tech spaces. Since 2010, Elron’s portfolio has had 15 exits, totaling $2.2B. Notable portfolio companies include: Cynerio, a healthcare cybersecurity company, ensures patient safety and data protection by securing the connected medical device ecosystem; Cybersixgill, developing automated threat intelligence solutions across the clear, deep, and dark web; Cyvers, offering a real-time platform for detecting and mitigating cyber attacks on cryptocurrency and digital assets; IRONSCALES, an automated phishing prevention, detection & response platform; Sayata, automating insurance company processes; Red Access, providing the first agentless platform to secure all browsing activities of corporate employees on any browser, web app or cloud service and Scribe Security, providing a comprehensive solution to secure software supply chains.

“We are excited to have the opportunity to combine our joint experience and know-how in nurturing Israeli tech ventures throughout all stages of growth with Arieli’s vast global network to provide the platform for our portfolio’s success,” said Dan Hoz, Chairman of the Elron Venture’s board.

About Arieli EL

Arieli EL, part of the Arieli group of companies, addresses global challenges with a forward-thinking investment strategy. Arieli EL has deep roots in the global family office space, specializing in High-tech and Healthcare investments. Arieli EL strives to provide family offices and institutional investors with access to unique opportunities while providing portfolio companies access to our global network.

About Arieli Capital

Arieli Capital (Arieli) is a multifaceted global investment firm that is an active investor and partner in the next generation of technology companies. Arieli Capital continuously strives to identify and support companies creating real impact while keeping financial returns as the primary objective. Arieli is a recognized global leader in innovation, creating  and operating  programs across governmental, academic and corporate partnerships.

About Elron Ventures

Elron Ventures is a leading early-stage investor committed to turning promising ideas into global industry leaders, with a proven track record of investments and successful M&As worldwide. Elron invests in cyber security and B2B software.

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News

Internet Service Provider Omni Fiber announces $150 Million in financing from Stonepeak Credit to continue rapid expansion in the Midwest

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Omni Fiber, a regional Fiber Internet Service Provider with operations in over 25 markets in Ohio and Pennsylvania backed by Oak Hill Capital, today announced the closing of $150 million in debt financing from Stonepeak Credit.

Founded in 2022 by management and Oak Hill, Omni Fiber has invested over $250 million in building an XGS-PON fiber network and is on track to reach approximately 200,000 locations by the end of the year. The financing from Stonepeak Credit will fund rapid expansion into more communities in Ohio, Pennsylvania, and Michigan.

Omni Fiber launched its service in late 2022 and now serves residential and business customers in over 25 small and mid-size communities. Construction is in progress in over 15 additional communities, and network design and engineering activities are ongoing in many others.

Omni Fiber’s founding CEO, Darrick Zucco said, “We are excited about the additional opportunities this financing enables. The company’s network expansion not only brings choice to communities with limited options for reliable, ultra-high-speed Internet service but also creates hundreds of new jobs at Omni Fiber and local contractors. The halo effect on economic development for the impacted towns is significant.”

Scott Baker, Managing Partner at Oak Hill Capital, added “It has been a uniquely rewarding experience to partner with Darrick and his talented leadership team. We are thrilled by the rapid growth of Omni Fiber and are committed to continuing investing behind the team as they expand their fiber services to underserved markets in Ohio, Pennsylvania, and Michigan.”

Ryan Roberge, Senior Managing Director at Stonepeak, added “We are proud to partner with Omni Fiber and Oak Hill Capital to support Omni’s next phase of growth. Our team was thoroughly impressed with Darrick and the rest of Omni’s management team and their plans to expand Omni’s next generation fiber network to additional communities in the Midwest. We look forward to continuing our partnership with Omni and Oak Hill Capital over the long-term.”

With the additional funding, Omni Fiber expects to accelerate the pace of expansion and announce more communities in the next few months.

About Omni Fiber
Omni Fiber was founded in 2022 and is backed by Oak Hill Capital, one of the largest investment firms in the telecommunications industry. Based in Ohio, Omni Fiber is led by a leadership team with 100+ years of combined industry experience and provides 100% fiber-optic broadband Internet, TV, and Phone services to residential and business customers in the Midwestern United States. Omni Fiber offers symmetrical speeds of up to 10 Gbps, no hidden fees, no data caps, Premium Wi-Fi included, local customer service, and competitive pricing.

About Oak Hill Capital
Oak Hill is a longstanding private equity firm focused on the North America middle-market. Oak Hill applies a specialized, theme-based approach to investing in the following dedicated industry sectors: Media & Communications, Industrials, Services, and Consumer. The Firm implements a highly systematic approach to theme development, proactive origination, and value creation in partnership with management to build franchises of lasting value. Over the past 35+ years, Oak Hill and its predecessors have raised approximately $20 billion of initial capital commitments and co-investments, invested in approximately 100 companies, and completed more than 300 add-on acquisitions representing an aggregate enterprise value at acquisition of over $60 billion.

About Stonepeak
Stonepeak is a leading alternative investment firm specializing in infrastructure and real assets with approximately $71.2 billion of assets under management. Through its investment in defensive, hard-asset businesses globally, Stonepeak aims to create value for its investors and portfolio companies, with a focus on downside protection and strong risk-adjusted returns. Stonepeak provides capital, operational support, and committed partnership to grow investments in its target sectors, which include communications, energy and energy transition, transport and logistics, and real estate.

Stonepeak is a sponsor of private equity and credit investment vehicles. Stonepeak Credit provides credit solutions to infrastructure sponsors and companies.

Stonepeak is headquartered in New York with offices in Hong Kong, Houston, London, Singapore, and Sydney.

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