Partner Article
Sophia launches Ambiance TM, the world’s first ambient e-commerce platform
’AmbianceTM ’is an artificial intelligence (AI) based e-commerce solution that solves the problem of online ad blindness by associating web content with products people want to buy. It eliminates the need to invade consumer privacy through tracking techniques and click-through rates are up to 50x greater than current industry standards.
Sophia (www.discoversophia.com) today launches AmbianceTm, its ambient e-commerce platform, to continue its rapid growth and to further its successful partnerships with leading global publishers and brand name retailers in the $1Trillion e-commerce market.
The technology – pioneered by a team of AI experts – is a ground-breaking development in e-commerce designed to eliminate consumers “blindness” to irrelevant online advertising. AmbianceTM uses sophisticated contextually aware content analytics to marry both sides of the e-commerce equation – enabling consumers to discover relevant products in real time and publishers and e-tailers to substantially increase revenues.
AmbianceTM is a fully automated, scalable, cloud based solution that dynamically identifies and showcases relevant products based on what the consumer is viewing in real time.
The power of AmbianceTM is reflected in its performance with customers who are part of Sophia’s growing publisher network benefiting from click through rates (CTRs) up to 50 times that of current industry standards.
In addition, the growing concern for consumer privacy is completely addressed. AmbianceTM does not use tracking technology such as cookies. Readers only see products based on their current interests at that time, rather than on what they read or searched for in the past.
The technology heralds a step change for e-commerce and digital content monetization:
Commenting on the launch, Dr David Patterson, CEO, said, “This has been a very challenging time for online publishers. A poor legacy experience with underperforming and often intrusive approaches to advertising has led to an ad blindness effect – for example, if I asked what the last ad you saw on-line was, could you remember? The consequence of this are a poor site experience for readers and an under monetisation of content.
“The exciting news is that AmbianceTM fundamentally shifts this mindset by showcasing products which are highly relevant and useful to the consumer’s interests in harmony with the content they are reading. This makes e-commerce more effective and intuitive with the additional advantage of increasing revenue streams for publishers from both desktop and mobile. AmbianceTM also provides e-tailers an extremely cost effective way to promote their entire product catalogue, ensuring consumers can even discover long tail products and accelerating commerce.”
About Sophia:
Sophia is the innovation leader in Ambient e-commerce. It is a venture backed company who specializes in automatically extracting precise meaning from content and then accurately relating that to products that consumers want. Sophia is headquartered in San Francisco, Calif. with offices in Belfast, N. Ireland and St. Petersburg, Russia.
This was posted in Bdaily's Members' News section by Sophia, Octopus Comms .