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AI-Driven Routing Company Wise Systems Raises $50 Million

Wise Systems – a leading AI-driven routing and dispatching platform provider – announced it has raised $50 million in Series C financing led by Tiger Global Management with participation from new and existing investors that include Section 32, Valo Ventures, Gradient Ventures, and Prologis Ventures.

Wise Systems’ real-time, automated system enables delivery and service operations with drivers worldwide across the last-mile industry. And the company will use the financing to further accelerate product development, market expansion across key geographies, and to address the increasing global demand for the company’s dispatching and routing solutions.

Known as a leader in AI technology for last-mile delivery operations, Wise Systems saw significant growth over the two past years, growing 300% year-over-year, experiencing increased demand for the company’s autonomous dispatch and routing technology across a number of markets. And today’s announcement comes on the heels of other significant developments for Wise Systems this year, including the availability of its platform in the SAP App Store and its launch in Japan. In July, Wise Systems announced a partnership with Mitsubishi Fuso Truck and Bus Corporation (MFTBC), under the umbrella of Daimler Trucks Asia (DTA), to offer the company’s AI-driven routing and dispatch software to MFTBC customers in Japan. This partnership extends Wise Systems’ reach to the commercial vehicle industry in Japan, one of the busiest last-mile markets in the world.

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TVPage Launches Ambassador Storefronts on SAP App Center

TVPage, a company that powers virtual brand ambassador storefronts for e-commerce, has launched Ambassador Storefronts on SAP App Center, the digital marketplace for SAP partner offerings.

TVPage’s Ambassador Storefronts integrates with SAP Commerce Cloud to enable online stores powered by SAP technology to launch e-commerce virtual ambassador storefronts. Companies can sell online through personalized virtual storefronts using shoppable video, product collections, and live events.

The Ambassador Storefronts app empowers subject matter experts, in-store sales associates, influencers, and consumers to promote products to social audiences and sell online

“The need for personalized shopping experiences online is growing, and the Ambassador Storefronts app by TVPag provides brands and retailers a new channel to connect with consumers in authentic ways,” said Mark Osborn, vice president of strategy and operations for the consumer products industry at SAP, in a statement. “We congratulate TVPage on their successful graduation from the SAP.iO program and are happy to see their app offered on SAP App Center, making it available to all businesses running SAP Commerce Cloud. The app provides the opportunity for businesses to enable brand ambassadors, store associates, and salespeople to connect with consumers directly through existing online stores with the Ambassador Storefronts app by TVPage.”

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Predicting Job Success and Preparing Enterprises for the Future of Work

Everywhere I turn, I hear concerns about technology and workforce automation causing job losses. For employers, however, it seems that the real worry lies not in eliminating but retaining their workforce.

How can they prepare their existing talent pool – and their organizations – to thrive in the new economy? How can they deal with the impending mass migration of jobs toward those requiring new skills?

Those are the fundamental questions that emerged from my discussion with Emily Lambert, Content Marketing specialist at Plum, Inc. Plum offers a solution, also called Plum, that is now available on SAP App Center. It uses the precepts of industrial and organizational psychology combined with – you guessed it – artificial intelligence (AI) to help organizations hire, grow, and retain top talent.

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