Where is artificial intelligence science? Seven exotic artificial intelligence applications.
What can artificial intelligence do today? What projects are being worked on and researched? We will give you a brief insight about seven exotic AI applications from around the world.
As a provider of AI-supported software for B2B sales, our AI application is towards a small niche area. We are concerned in the technology and research related to artificial intelligence. What is already available in the market today?
For example, I'm always fascinated when I come across an exotic AI application. By "exotic", I mean AI applications that are particularly impressive, are being used in exciting areas, and are not as well-known as autonomous driving.
Customer Retention vs Customer Acqusition in B2B - What is More Expensive?
In this article, you will learn about an interesting B2B practice in which customer retention is contrasted with customer acquisition. What is more expensive?
In detail, distribution costs naturally differ from company to company. However, there are two steep theses in the generalization, which also appear again and again in the literature:
1. Acquiring a new customer is ten times as expensive as retaining an existing one.
2. In most cases (in B2B sales), the initial order from a new customer does not cover costs.
Interestingly, there are many citations for both theses in the literature on sales and marketing, but hardly any scientific studies.
6 Facts from Studies on Artificial Intelligence in B2B Sales
In this post, you'll learn about six interesting findings from various studies on artificial intelligence in B2B sales.
According to a recent survey by Bundesverband Industrie Kommunikation e.V (bvik), almost all decision-makers (95%) are open to both new technologies and their organization's digital transformation, even after the crisis. Are you too?
If you've landed in this post, you may be considering how you can use artificial intelligence for your sales. You probably have a few basic questions first because just because you're open to technology doesn't mean you should rush into it, right?
Qymatix is the winner of the "AI-Champions BW 2021 Award"
Stuttgart, 26.07.2021
The "AI-Champions BW 2021" award ceremony took place for the second time in a hybrid event in Stuttgart. State Minister of Economic Affairs Dr. Nicole Hoffmeister-Kraut announced the nine winners in three categories on site: Research Institutions, Companies with more than 500 Employees and Companies with less than 500 Employees.
Dr. Hoffmeister-Kraut was particularly keen to attend the event in person, as she sees artificial intelligence as a key technology for the state of Baden-Württemberg.
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Our paradoxical behaviour in dealing with algorithms
Human behaviour towards algorithms in everyday life, based on the book "Hello World - What algorithms can do and how they change our lives" by Hannah Fry.
A few words in advance about the book. Hannah Fry believes "Algorithms are everywhere, and it's time to understand them." A statement I agree with 100 per cent. And that's what her work is about.
The author manages to shed light on the world of algorithms in a very entertaining way and in easy words.
Each chapter starts with an exciting example from the real or fictional world to illustrate algorithms' aspects or problems.
Launch of Qymatix Online Academy Pilot
The Qymatix Online Academy goes online in pilot! All you need to know about artificial intelligence in B2B sales.
Karlsruhe, 11.03.2021. We are pleased to announce that we are now publicly releasing access to our Online Academy. The Qymatix Online Academy thus starts its pilot phase.
As a provider of AI-based predictive sales software, our experts deal with the collaboration of artificial intelligence (AI) and B2B sales on a daily basis.
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Customer Attrition in B2B: loyalty as a sales growth booster
Predictive analytics for customer retention plays a critical role to accelerate sales in Business-to-Business.
Building customer loyalty successfully and efficiently is what makes business-to-business companies thriving on the long-term. These market leaders actively engage in customer retention prediction. In the end, reliability lives from common purpose, and not from passive “wait and see”.
Furthermore, for companies that are focused on achieving stable and foreseeable sales growth, B2B loyalty programs are unavoidable. Nobody can reliably grow a customer base in the absence of customer retention predictions.
Qymatix on the Industry 4.0 Map
Karlsruhe, 07.01.2021. You can now find the Qymatix Solutions GmbH on the Industrie 4.0 map. The map is provided by Plattform Industrie 4.0 to make it easier for manufacturers and companies from the production sector to find suitable and established providers for Industrie 4.0 projects.
The overarching goal of Plattform Industrie 4.0 is to secure and expand Germany's leading international position in the manufacturing industry.
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Qymatix Selected for the Official German Accelerator Program
Karlsruhe, 28.10.2020. The German Accelerator has selected Qymatix Solutions GmbH for its namesake program. Some well-know startups that took part in the accelerator are: Celonis, Data Virtuality, BrandMaker, Shopgate, and N26.
The Federal Ministry of Economics (BMWi) supports the German Accelerator and chooses companies with high international growth potential.
The aim of this program is to support promising start-ups to enter international markets. A faster and easier entry in new markets is a great chance for fast business development.
Qymatix Solutions GmbH has now access to the wide network, partners and investors of the German Accelerator.
Predictive Customer Analytics: From customer analysis to customer value
Customer analytics with predictive analytics can provide valuable information for sales activities.
Do you really know your customers - and not only the large-scale customers? Successful Customer Analytics should provide you with all the critical information about your customers. What are their preferences? How do they shop?
Using customer data, predictive analytics can determine individual opportunities for offers and subsequently determine the value of a customer.
