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CX Integration Spend Drops in EMEA: Jitterbit Report

November 11, 2021
Conventional wisdom has it that the pandemic-driven shift to online channels caused a boom in customer experience tech.  So I don’t know what to make of this Jitterbit report that EMEA companies spent 15% less on customer experience integrations in 2021.  Jitterbit believes companies shifted resources to meet urgent needs for ecommerce (up 99%) and employee tech (72%).  Okay, but did CX spend really drop?
CDPI Newsletter

Lily AI Matches Product Images with Customer Intent

November 11, 2021
Lily AI calls itself the “industry’s first customer intent platform for ecommerce”, which is the sort of claim that raises the question of what – if anything – is really new.  The answer seems to be it analyzes product images to extract ten times more attributes than other systems get from text descriptions, correlates those attributes with customer behavior to infer intent, and uses the product to deliver highly targeted search results and recommendations.  The company just officially launched but already has testimonials from major retailers.
CDPI Newsletter

Nigerian Wi-Fi sharing start-up Wicrypt raises $1.5M funding

November 11, 2021
Nigerian blockchain-based Wi-Fi sharing start-up Wicrypt has closed a strategic US$1.5 million funding round to help it expand into new countries. Wicrypt is a decentralised mobile internet sharing and monetisation network that allows anyone to get paid for sharing their Wi-Fi. Users download the Wicrypt app and provide Wi-Fi through their mobile device or by purchasing a unique, custom-built Wicrypt Hotspot Creator device.
CDPI Emerging Markets

Ed-tech start-up Semicolon Africa raises $1.2m in seed funding

November 11, 2021
Semicolon Africa, an ed-tech start-up, creating employment and economic opportunities by training software engineers and techpreneurs, has closed a US$1.2 million seed round of funding. Semicolon is focused on preparing young people and companies in Africa for the digital economy by providing the requisite technology skills for Africa’s growing tech industry. The round, which was oversubscribed, had participation from angels and VCs like Launch Africa Ventures and Consonance Investment Managers.
CDPI Emerging Markets