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Archive for January, 2022

Dates : January 2022

Three-Quarters of Companies See AI/ML As Important Revenue Drivers: SambaNova Report

January 24, 2022
Do you miss those innocent days when every product announcement breathlessly reported the new system or feature was “AI-based”? If so, here’s a whiff of remembrance from AI infrastructure provider SambaNova Systems, who found that 78% of large companies rate AI and Machine Learning as important revenue drivers. Yet even they have a curiously mixed attitude, citing (in their press release) a NewVantage Partners study that found only a quarter of top companies have scaled AI/ML across their organization.
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81% of Tech Leaders Want Government to Regulate AI Bias: DataRobot Survey

January 24, 2022
Meanwhile, this DataRobot study takes a darker view, reporting that 54% of tech leaders are concerned about AI bias, up from 42% in 2019.  A surprising (to me) 81% think government regulation would be helpful even though 45% also worry regulations would make adoption more difficult.  In a classic “not my problem” result, 90% are at least somewhat moderately confident that their own organization can identify AI bias.
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Marketers Will Spend More on Audio Than Email in 2022: Winterberry Report

January 21, 2022
If you want to put marketing and advertising in a broader context, take a look at Winterberry Group’s 13th annual Advertising, Marketing, and Data industry outlook report.  They’re bullish on industry growth in general, reporting a 21.5% increase in 2021, after a 4.8% decline in 2019, and projecting another 11.8% growth in 2022.  Fun fact: Winterberry says more is spent on influencer marketing and on audio marketing than on email.
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Cloud Migration Has a Non-Silver Lining: Reports

January 20, 2022
Here’s a trio of surprisingly consistent reports on the dark side of cloud computing. Dynatrace finds that companies are struggling to multi-cloud environments; Nutanix reports pretty much the same thing; and Stacklet says that governance is a “significant inhibitor” to cloud adoption. Of course, all three companies are selling solutions to the problem, but this still suggests that IT departments are finding cloud migrations are not as easy as they once seemed.
CDPI Newsletter

Senegalese logistics and delivery company PAPS raises $4.5M led by 4DX Ventures and Orange

January 20, 2022
PAPS, a Senegal-based logistics and delivery company, filling the logistics gap in e-commerce in its region has announced that it has raised a $4.5 million pre-Series A round to expand its tech-enabled logistics solution across the Francophone region. The round was co-led by pan-African venture capital firm 4DX Ventures and regional telecom operator Orange. Participating investors include existing funds Uma Ventures and Saviu Ventures and new investors Yamaha Motor, LoftyInc Capital, Proparco, Google Ventures, To.org, Kepple Ventures and Enza Capital.
CDPI Emerging Markets

Kenyan e-commerce company Copia Global raises $50M to ramp up African expansion

January 20, 2022
Kenyan B2C e-commerce company Copia Global has raised $50 million in a Series C equity round led by Goodwell Investments. The new financing round welcomed new investors such as Zebu Investment Partners, the U.S. International Development Finance Corporation (DFC), and Koa Labs, as well as past investors Lightrock, German development finance institution DEG, and Perivoli Innovations.
CDPI Emerging Markets