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Articles from SymphonyAI

CORRECTING and REPLACING Carrefour Italy Unleashes Connected Retail Strategy with SymphonyAI Store Intelligence for High-Quality, Automated Store Operations
In release dated Jan. 12, 2025, the "About Carrefour Italy" boilerplate has been updated.
By SymphonyAI · Via Business Wire · January 13, 2025
Intermarché Extends SymphonyAI Partnership to Transform Retail Operations Using Predictive and Generative AI in SymphonyAI’s CINDE Connected Retail Platform
SymphonyAI, a leader in predictive and generative AI SaaS products for the enterprise, today announced that French retailing giant Intermarché is progressing on its journey to connected retail and deepening the longstanding relationship with the addition of SymphonyAI's AI-based CINDE Connected Retail Platform. The new phase builds on the initial deployment within the supply chain during which Intermarché first used SymphonyAI’s AI capability for demand forecasting.
By SymphonyAI · Via Business Wire · January 12, 2025
SymphonyAI Advances Next-Generation Connected Retail with Microsoft Azure Open AI Service at NRF 2025
SymphonyAI, a leader in predictive and generative AI SaaS products for the enterprise, is taking powerful strides towards transforming the retail industry by deepening its collaboration with Microsoft on SymphonyAI’s CINDE Connected Retail Platform to support new agentic workflow capabilities. The new functionality, debuting at NRF 2025: Retail’s Big Show, are poised to improve category management and retail operations with efficiency and intelligence, forging a new era of retail connectivity and insights.
By SymphonyAI · Via Business Wire · January 8, 2025
SymphonyAI Honors Retail Innovators with 2024 Tempo Awards: Save A Lot, The Save Mart Companies, and Southern Co-op UK
SymphonyAI, a leader in predictive and generative AI SaaS products for the enterprise, recognizes Save A Lot, The Save Mart Companies, and Southern Co-op UK as the 2024 Tempo Award winners for groundbreaking innovation in retail operations. In a landmark year for SymphonyAI, the company also announced its software products are now empowering retail operations in more than 300,000 stores globally, underscoring its AI innovation and achievements in the retail sector.
By SymphonyAI · Via Business Wire · January 7, 2025
SymphonyAI Showcases Groundbreaking CINDE Connected Retail Platform to Redefine Retail Landscape with Advanced Predictive, Generative, and Autonomous AI
SymphonyAI, a leader in predictive and generative AI SaaS products for the enterprise, is set to showcase its groundbreaking CINDE Connected Retail Platform at NRF 2025: Retail’s Big Show in New York from January 14-16. This state-of-the-art platform offers AI-driven software suites for merchandising, store and shelf, and supply chain management, delivering unparalleled insights and seamless connectivity to retailers. At NRF, SymphonyAI will debut ground-breaking autonomous AI/agentic workflow capabilities poised to transform category management and retail operations with unmatched efficiency and intelligence.
By SymphonyAI · Via Business Wire · January 7, 2025
High-Impact Omnichannel Shopper Insights: SymphonyAI Research Reveals How AI Boosts Grocery E-commerce Revenue by 8%
SymphonyAI, a leader in predictive and generative AI SaaS products for the enterprise, today announced the results of its third annual grocery e-commerce study, which uncovers a significant 8% growth opportunity for retailers who use AI-based connected retail strategies.
By SymphonyAI · Via Business Wire · December 18, 2024
Total Economic Impact Study Reveals 204% ROI for SymphonyAI Enterprise IT Service Management Customers
SymphonyAI, a leader in predictive and generative AI SaaS products for the enterprise, today announced that a 2024 Forrester Consulting study, The Total Economic Impact™ Of SymphonyAI IT Service Management (ITSM), reveals significant return on investment for customers. The biggest contributors to ROI include the AI-powered digital agent, automation, self-service, reduced effort for maintenance, and overall licensing cost savings, for a total net present value of more than $3 million.
By SymphonyAI · Via Business Wire · December 16, 2024
SymphonyAI’s IRIS Foundry Named AI Impact of the Year Champion in Digital Engineering Awards
SymphonyAI, a leader in predictive and generative AI SaaS products for the enterprise, has been named AI Impact of the Year Champion at the Digital Engineering Awards for its IRIS Foundry industrial AI data operations platform. The award recognizes IRIS Foundry’s success in helping manufacturers overcome critical data challenges and optimize operations through AI innovation.
By SymphonyAI · Via Business Wire · December 11, 2024
AI-Based Innovations Propel Retail Profitability and Sustainability, Research Finds
Retail Economics, an independent economics research consultancy focused on the consumer and retail industry, and SymphonyAI, a leader in predictive and generative AI SaaS products for the enterprise, today released results of new market research that shows powerful business impact from AI adoption. The research warned that data silo barriers to AI adoption are preventing laggard retailers from realizing transformational potential and underscores the importance of approaches like SymphonyAI connected retail to unify data and overcome operational silos for streamlined decision making and efficiency gains.
By SymphonyAI · Via Business Wire · December 11, 2024
Bank of Bahrain and Kuwait Leads the Fight Against Financial Crime with SymphonyAI's Best-in-Class AI-Based Anti-Money Laundering and Customer Due Diligence SaaS Products
SymphonyAI, a leader in predictive and generative AI SaaS products for the enterprise, today announced that Bank of Bahrain and Kuwait (BBK) is implementing the SymphonyAI AI-based anti-money laundering (AML) transaction monitoring and customer due diligence technology. With SymphonyAI’s highly scalable and sophisticated SaaS, BBK can rapidly scan massive quantities of transactions to reduce false positives, identify bad actors, and ensure regulatory compliance.
By SymphonyAI · Via Business Wire · December 3, 2024
Finance Executive Ravi Narula Appointed as Chief Financial Officer of SymphonyAI to Propel its Growth Strategy
SymphonyAI, a leader in predictive and generative AI SaaS products for the enterprise, announced today that industry luminary Ravi Narula has joined the company as chief financial officer. With a proven track record of steering financial strategy, operational excellence, and delivering value, Narula joins SymphonyAI to support the company’s continuing rapid growth.
By SymphonyAI · Via Business Wire · November 12, 2024
SymphonyAI Achieves Industrial Connected Worker Leadership Position
SymphonyAI, a leader in predictive and generative AI SaaS products for the enterprise, was named a leader in the Augmented Connected Worker market by Frost & Sullivan in their 2024 report on "Augmented Connected Worker Platforms," securing the #1 spot on the growth index axis. Designed specifically for industrial use cases, the SymphonyAI Proceedix Connected Worker transforms manufacturers’ operations with AI-powered digital instructions and inspections, AR functionality, GxP compliance, learning and skills management, and seamless integration to its leading industrial data operations platform, IRIS Foundry.
By SymphonyAI · Via Business Wire · November 4, 2024
AI Adoption Lag Leaves Asian Financial Institutions Vulnerable Amid Rising Financial Crime
SymphonyAI, a leader in predictive and generative artificial intelligence (GenAI) SaaS products for the enterprise, today launched a new report with Regulation Asia, revealing a concerning gap in artificial intelligence (AI) adoption among Asian financial institutions, leaving them vulnerable to escalating financial crime. The report also details the lack of AI adoption by Asian financial institutions (FIs) despite clear benefits and cost advantages in effective financial crime prevention and detection.
By SymphonyAI · Via Business Wire · October 29, 2024
SymphonyAI Introduces New AI Functionality on the Revedia Platform for Media
SymphonyAI, a leader in predictive and generative AI SaaS products for the enterprise, today released new AI functionality on the Revedia platform for media organizations to more efficiently understand FAST, AVOD, and TVOD content performance. SymphonyAI’s media division has delivered insight to more than 300 media industry clients through the Revedia platform and its suite of data-driven revenue optimization solutions.
By SymphonyAI · Via Business Wire · October 21, 2024
SymphonyAI Summit IT Service Management and Asset Management Implemented by Al-Futtaim Group to Accelerate Digital Transformation and Customize Enterprise Service
SymphonyAI, a leader in predictive and generative AI SaaS products for the enterprise, today announced that its SymphonyAI Summit enterprise IT platform for integrated, streamlined customer enterprise service has been deployed by Al-Futtaim Group, one of the Middle East’s largest diversified business conglomerates and a major stakeholder in the region’s automotive sector, to 33,000 users.
By SymphonyAI · Via Business Wire · September 30, 2024
Wills Group Selects SymphonyAI Connected Retail to Create Engaging, High-Quality Shopper Experience
SymphonyAI, a leader in predictive and generative enterprise AI SaaS products, today announced that U.S-based convenience store operator Wills Group is implementing a connected retail strategy using products from SymphonyAI to provide a more engaging, consistent shopper experience via focused space planning.
By SymphonyAI · Via Business Wire · September 10, 2024
SymphonyAI Wins the 2024 Oracle Partner Awards – EMEA Business Impact Category
Oracle today announced that SymphonyAI, a leader in predictive and generative enterprise AI SaaS products, is a winner in the 2024 Oracle Partner Awards – Third Party Technology Solutions EMEA Business Impact Category. The Business Impact award showcases partners that have packaged a set of capabilities and best practices to help address customer challenges. Partners considered for this award have built a thriving business in a solution area, specific industry-vertical, or customer segment with Oracle’s portfolio of technology, products, and services.
By SymphonyAI · Via Business Wire · September 9, 2024
SymphonyAI Connected Retail Portfolio Helps Drive ROSSMANN Group Expansion into Switzerland
SymphonyAI, a leader in predictive and generative AI SaaS products for the enterprise, today announced that German health and beauty giant ROSSMANN Group will employ SymphonyAI AI-based store and space planning solutions as it expands into Switzerland, with its first store due to open by the end of 2024.
By SymphonyAI · Via Business Wire · August 27, 2024
SymphonyAI Recognized as the Winner in the "Best Financial Crime Investigation and Reporting Solution" Category by Datos Insights in the 2024 Fraud & AML Impact Awards
SymphonyAI, a leader in predictive and generative enterprise AI SaaS products, today announced that Datos Insights recognized Sensa Investigation Hub as the winner in the Best Financial Crime Investigation and Reporting Solution category in the 2024 Fraud and AML Impact Awards.
By SymphonyAI · Via Business Wire · August 20, 2024
SymphonyAI Ranks on the 2024 Inc. 5000
Inc. revealed today that SymphonyAI, a leader in predictive and generative AI SaaS products for the enterprise, ranks on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia, and many other household-name brands gained their first national exposure as honorees on the Inc. 5000.
By SymphonyAI · Via Business Wire · August 13, 2024
Weis Markets Selects SymphonyAI CINDE AI for Deep AI-Based Customer Analytics to Deliver Category Management Excellence
SymphonyAI, a leader in predictive and generative enterprise AI SaaS products, today announced Mid-Atlantic food retailer Weis Markets has selected CINDE AI to develop prescriptive insights that uncover opportunities and actions to engage customers and accelerate growth.
By SymphonyAI · Via Business Wire · July 24, 2024
SymphonyAI’s Innovative Enterprise AI SaaS Products Recognized by Leading Industry Analysts and Influencers Worldwide
SymphonyAI, a leader in predictive and generative enterprise AI SaaS products for the enterprise, is gaining growing market recognition for its predictive and generative AI product portfolio and customer growth with numerous external awards and rankings.
By SymphonyAI · Via Business Wire · July 9, 2024
SymphonyAI and Absa Group Recognized as ICA Compliance Awards “2024 Technology Partner of the Year” for Predictive and Generative AI SaaS Innovations
SymphonyAI, a leader in predictive and generative AI SaaS products for the enterprise, was named “2024 Technology Partner of the Year” at the recent ICA Compliance Awards 2024 Europe for its partnership with South African-based pan-African bank Absa Group Limited to combat financial crime.
By SymphonyAI · Via Business Wire · July 8, 2024
SymphonyAI Recognized as the Winner of 2024 Microsoft Business Transformation: AI Innovation Partner of the Year
SymphonyAI, a leader in predictive and generative AI SaaS products for the enterprise, today announced it has won the Business Transformation: AI Innovation 2024 Microsoft Partner of the Year Award. SymphonyAI was honored among a global field of top Microsoft partners for demonstrating excellence in innovation and implementation of customer products based on Microsoft technology.
By SymphonyAI · Via Business Wire · June 26, 2024
Financial Data Expert and Entrepreneur Adam Quinones Appointed as President of SymphonyAI Trading and Investing Division
SymphonyAI, a leader in predictive and generative AI SaaS products for the enterprise, today announced that Adam Quinones has joined the company as president of its newly launched Trading and Investing division.
By SymphonyAI · Via Business Wire · June 25, 2024
SymphonyAI Launches New Trading and Investing Division and Announces Tenor Generative AI Insights and Predictive Behavioral Modeling Platform
SymphonyAI, a leader in predictive and generative AI SaaS products for the enterprise, today announced entry into the trading and investing market with a division focused on bringing insights and analysis from predictive and generative AI capabilities to global financial markets.
By SymphonyAI · Via Business Wire · June 25, 2024
SymphonyAI Announces IRIS Workspace, a Live Collaboration Environment to Analyze and Troubleshoot Industrial Operations
SymphonyAI, a leader in predictive and generative enterprise AI SaaS, announced IRIS Workspace, a no-code application for industrial knowledge workers to engage in a live, collaboration environment with all relevant information for rapid problem-solving.
By SymphonyAI · Via Business Wire · June 11, 2024
Good Food Holdings Selects AI-Based Connected Retail from SymphonyAI to Enhance Shopper Experience and Scale for Growth
SymphonyAI, a leader in predictive and generative enterprise AI SaaS, today announced that Good Food Holdings is implementing the suite of SymphonyAI connected retail software, including CINDE demand performance, CINDE store and shelf performance, and CINDE merchandising to bring end-to-end integrated intelligence to drive informed actions faster than ever before across store, shelf, merchandise and supply chain for its U.S. West Coast banners.
By SymphonyAI · Via Business Wire · June 5, 2024
SymphonyAI Launches Generative AI-based Apex Enterprise IT Copilot to Resolve Issues Faster, Deliver Superior Experience, and Improve Performance
SymphonyAI, a leader in predictive and generative enterprise AI SaaS, today unveiled its Apex Enterprise IT Copilot, designed to accelerate problem resolution, boost agent productivity, and elevate customer satisfaction by dynamically providing on-demand information and support tailored for end users, analysts, and IT leaders. The copilot, introduced at SupportWorld Live this week in Denver, Colo., integrates with existing service management tools to provide a secure, intelligent, holistic view of enterprise services.
By SymphonyAI · Via Business Wire · April 30, 2024
SymphonyAI announces IRIS Foundry, an AI-powered Industrial Data Ops Platform
SymphonyAI, a leader in predictive and generative enterprise AI SaaS, announced IRIS (Industrial Reasoning and Insights Service) Foundry, an industrial data operations platform for the rapid creation of robust digital industrial applications that improve process efficiency, reduce unscheduled asset downtime, and enhance connected worker capabilities. IRIS Foundry, powered by SymphonyAI's award-winning predictive and generative EurekaAI platform, uses AI-enabled data contextualization at enterprise scale and is both open and composable.
By SymphonyAI · Via Business Wire · April 22, 2024
SymphonyAI Announces Media and Entertainment AI Copilot for Content Monetization at NAB Show
SymphonyAI, a leader in predictive and generative enterprise AI SaaS, announced a predictive and generative AI-based Media Copilot, at the NAB Show in Las Vegas. The SymphonyAI Media Copilot will assist users in rapidly analyzing content performance across distribution platforms and revenue models and provides AI-driven insights to unlock new value from streaming content and services. The copilot is powered by the SymphonyAI EurekaAI generative and predictive AI platform and integrates Microsoft Azure OpenAI Service with Revedia media and entertainment products.
By SymphonyAI · Via Business Wire · April 15, 2024
SymphonyAI Announces AI-Based SensaAI for Sanctions, Powering Risk Detection and Turbocharging Sanctions Screening
SymphonyAI, a leading provider of predictive and generative enterprise AI SaaS solutions, today announced SensaAI for Sanctions, a platform-agnostic “AI upgrade” for any sanctions solution. It dramatically impacts sanctions evasion efforts by optimizing match accuracy with deep, context-aware AI-based matching algorithms.
By SymphonyAI · Via Business Wire · April 8, 2024
ROSSMANN Group Selects SymphonyAI Store and Space Planning to Drive Automation, Scale, and Quality Shopper Experience in Spain
SymphonyAI, a leader in predictive and generative enterprise AI SaaS, today announced that German health and beauty giant ROSSMANN Group is expanding its SymphonyAI AI-based store and space planning solutions to its growing market in Spain.
By SymphonyAI · Via Business Wire · March 19, 2024
Chartis Recognizes SymphonyAI with Inaugural “GenAI Initiatives Award” and Ranks SymphonyAI Among Top Three in Chartis Research Financial Crime and Compliance 50 Report
SymphonyAI, a leader in predictive and generative enterprise AI SaaS, today announced that it was recognized by industry researcher Chartis for gen AI innovation and financial crime and compliance capabilities. The Chartis GenAI Initiatives Award recognizes the strength of the SymphonyAI Sensa Investigation Hub and Sensa Copilot, which combine industry-leading predictive and generative AI with deep financial crime detection domain expertise. In addition, SymphonyAI is ranked among the top three vendors in the inaugural Chartis Financial Crime and Compliance 50 (FCC 50) Ranking.
By SymphonyAI · Via Business Wire · March 13, 2024
SymphonyAI and TCS Form Strategic Partnership to Create Predictive and Generative AI Business Applications
SymphonyAI, a leader in high-value enterprise AI SaaS for strategic industries, today announced a strategic partner agreement with Tata Consultancy Services (TCS), to expand and accelerate markets across business verticals worldwide. Initially focused on financial crime detection, the strategic agreement will bring the benefits of focused predictive and generative AI to organizations across industries.
By SymphonyAI · Via Business Wire · March 12, 2024
SymphonyAI’s Head of AI/ML Pushpraj (Raj) Shukla Appointed CTO
SymphonyAI, a leader in predictive and generative enterprise AI SaaS, announced today that Pushpraj (Raj) Shukla has been appointed as CTO. Formerly SymphonyAI’s SVP engineering and head of AI and ML, Shukla will lead the technology roadmap and execution at SymphonyAI and the team that builds the Eureka Gen AI platform, SymphonyAI’s award-winning data and AI platform that supports the rapid design, development, and deployment of enterprise-scale, vertical AI applications.
By SymphonyAI · Via Business Wire · February 27, 2024
Rimi Baltic Expands Connected Retail Deployment with Assortment Optimization and Intelligent Clustering to Deepen Shopper Engagement and Loyalty
SymphonyAI, a leader in predictive and generative enterprise AI SaaS, today announced that leading retailer Rimi Baltic has selected its advanced AI-based Assortment Optimization and Intelligent Clustering to tailor assortment to precise shopper needs across the leading Baltic retailer’s 290 stores. The deployment builds on Rimi Baltic’s successful implementation of SymphonyAI cloud-based macro and micro space planning solutions.
By SymphonyAI · Via Business Wire · February 13, 2024
SymphonyAI Advances Strategic Generative AI Collaboration With Microsoft for Next-Generation Connected Retail
SymphonyAI, a leader in predictive and generative enterprise AI SaaS, has teamed with Microsoft to bring leading retail AI software applications using Microsoft Azure OpenAI Service to retailers and CPGs worldwide, delivering rapid, in-depth insights, and paving the way for truly connected end-to-end retail. The collaboration was announced today at NRF 2024: Retail’s Big Show in New York City.
By SymphonyAI · Via Business Wire · January 14, 2024
Enterprise AI Software Leader SymphonyAI’s Retail CPG ARR Grew More Than 30% Through AI Innovations That Expanded Software to 80,000 Additional Retail Stores
SymphonyAI, a leader in predictive and generative enterprise AI SaaS applications, delivered rapid growth in its retail CPG vertical in 2023. Annual recurring revenue in the retail CPG vertical surged more than 30% in 2023, significantly bolstered by acquiring key retail and CPG customers such as Marks and Spencer, Save Mart, Coca-Cola Europacific Partners, Calsun, Save-A-Lot, and Southern Co-op and Scotmid. The growth also reflects deepening strategic muti-year relationships major industry leaders including Metro Digital GmbH, Rimi Baltic, Intermarché, and REMA 1000.
By SymphonyAI · Via Business Wire · January 11, 2024
Predictive and Generative AI Leader SymphonyAI Announces Recognition of Kraft Heinz, METRO, and K-VA-T Food Stores As SymphonyAI Tempo Award Winners for Innovations in Retail
SymphonyAI, a leader in predictive and generative enterprise AI SaaS, today announced that The Kraft Heinz Company, METRO, and K-VA-T Food Stores, the parent company of Food City, are the winners of this year’s SymphonyAI Retail CPG Tempo Awards.
By SymphonyAI · Via Business Wire · November 28, 2023
SymphonyAI Announces Generative AI Industrial Copilots to Deliver Contextual Intelligence for Superior Operations, Productivity, and Uptime
SymphonyAI, a leader in predictive and generative enterprise AI SaaS, today revealed its inaugural suite of generative AI industrial copilots to help frontline workers speed operations and improve efficiency.
By SymphonyAI · Via Business Wire · November 14, 2023
SymphonyAI Announces One of the World’s First Industrial Large Language Models to Catalyze Smart Intelligent Manufacturing
SymphonyAI, a leader in predictive and generative enterprise AI SaaS, announced it’s delivering one of the first-ever industrial large language models (LLM) focused on accelerating industrial transformation at scale.
By SymphonyAI · Via Business Wire · November 8, 2023
REMA 1000 Scales Up With SymphonyAI Supply Chain, Store Operations, and Category Planning Solutions in the Cloud
SymphonyAI, a leader in predictive and generative enterprise AI SaaS, today announced that REMA 1000 has migrated SymphonyAI store mobility, store operations, demand forecasting, and space planning and automation to SymphonyAI’s hosted cloud-based platform. Using SymphonyAI integrated, intelligent AI-based solutions in the cloud provides REMA 1000 with greater scalability and agility as well as reduced maintenance effort and cost.
By SymphonyAI · Via Business Wire · October 24, 2023
SymphonyAI Announces Retail Copilots With Transformational Generative AI To Answer the Toughest Retailing Questions Faster and Better
SymphonyAI, a leader in predictive and generative enterprise AI SaaS, today announced its suite of software copilots for retailers and CPG manufacturers, bringing powerful generative AI capabilities to its intelligent merchandising, supply chain, and store and space product suite. SymphonyAI unveiled the Category Manager Copilot and Demand Planner Copilot at the company’s Xcelerate 2023 summit in Paris today. The solutions strengthen and speed retail teams’ decision making and business impact.
By SymphonyAI · Via Business Wire · October 17, 2023
UK’s Southern Co-op and Scotmid Select AI-Based Intelligent Retail Assortment, Shelf, and Floor Planning Solutions From SymphonyAI
SymphonyAI, a leader in predictive and generative enterprise AI SaaS, today announced that Southern Co-op and Scottish Midland Co-operative (Scotmid) have selected SymphonyAI Retail CPG assortment and space planning solutions for implementation across the food business in the companies’ nearly 500 managed and franchise convenience stores in various regions of the U.K.
By SymphonyAI · Via Business Wire · October 11, 2023
The Save Mart Companies Selects SymphonyAI Retail CPG To Power Agile AI Assortments and Shelf Planning Driven by Deep Real-Time Shopper Insights
SymphonyAI Retail CPG, a SymphonyAI vertical, today announced it has been selected by The Save Mart Companies as its AI solution partner for customer-centric, data-driven category management decision-making.
By SymphonyAI · Via Business Wire · September 7, 2023
SymphonyAI Research Reveals Dramatic Changes in Online and In-Store Shopper Behavior, Indicating Need for Retailer Agility Based on Real-Time Customer Insights
SymphonyAI Retail CPG, a SymphonyAI division, today released global shopper research that highlights a stark and rapid decline in online grocery shopping behavior, making business agility more imperative than ever. The analysis of more than 58 million shopper baskets of actual purchase data across the U.S. and Europe found that more than half (52%) of e-commerce grocery shoppers left the online channel over the last year. Further analysis of those lapsed customers reveals that while 60% are reverting to the retailer’s brick-and-mortar location, 40% have left the retailer altogether.
By SymphonyAI · Via Business Wire · July 17, 2023