Science & Technology
REM People raises US$12M investment from US-based Ethos Asset Management
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REM People, a new-generation retail analytics company providing AI-powered omnichannel retail execution management services in more than 50 countries, has accessed its first overseas investment from Ethos Asset Management Inc.
London – San Diego, USA-based project finance and investment company Ethos Asset Management has announced a new partnership with Istanbul and Dubai headquartered REM People through a US$ 12 million investment. REM People will use these funds to expand their international network to 24 offices and to reward employees with bonuses, with the eventual goal of sharing 10% of company shares with their employees by implementing via an employee stock option program (ESOP).
Increasing international reach
Founded in Istanbul in 2015 by tech-entrepreneurs with a retail background, REM People received its first investment in December 2019; using these funds to support their strategy of international growth. Servicing over 50 countries from three regional offices in Dubai, London, and Istanbul, REM People works with 120 brands and retailers, each of which is a leader in its sector. The company increased the number of employees to 140 specialists, an increase of nearly 40% compared to the previous year.
REM People provides cutting edge AI-based technology, combined with live state-of-art business intelligence tools, which create actionable insights for all user levels. Deploying a holistic approach, they help clients track their ‘product journeys’ by monitoring retail merchandising operations and execution performance offline, online and via printed channels.
“The first leg of a long-term partnership”
On concluding what will be only the first step of a three-stage investment process, REM People Co-Founder and CEO Bulent Peker commented, “This is another important milestone in a journey that began in Istanbul in 2015. We intend to accelerate the scaling of our AI-based technology by investing these funds in AI-focused research and development activities, in our international expansion, in launching new products, as well as helping to establish a marketplace that provides one-stop retail analytics services for global consumer packaged goods companies and retailers. I’m also delighted that this investment is only the first leg of a long-term global partnership and expect to announce further investment rounds in the coming months.”
“REM People is an exciting project”
Carlos Santos, CEO of Ethos Asset Management Inc, stated,
“This is a unique, exciting and impactful project that is at the cutting edge of IT solutions. We were very impressed with the team at REM People, led by Bulent Peker, their vision and commitment to help brands ensure that their products are always available and visible in the shopping areas, where a remarkable space share is guaranteed, pricing is correct, planogram and other KPIs are compliant, and the competition is closely tracked.”
“We have full confidence in the REM People team”
Mustafa Kemal Genc, Ethos Associate, Attributed Holdings Inc (AHI), stated,
“The power of data is growing more each day. While it is relatively easy to measure data for online channels, making data meaningful in physical channels is still challenging. REM People offer a fresh approach to this problem and we are pleased to be a part of their journey and to help them reach their international goals.”
“We will continue investing in retail technologies”
Hans Kastensmith, Executive Director, Ethos, North and Central America, stated,
“It has been my pleasure to work with the Ethos, REM People, and AHI teams to bring this financing deal to a close. This marks another significant investment for Ethos in the retail space which has seen increased activity in 2022 and one we hope to continue expansion in 2023.”
About REM People:
REM People is a next-generation retail analytics company that provides AI-powered omnichannel retail execution management solutions. The most important feature that distinguishes REM People from its competitors is that it offers integrated solutions that enable consumer packaged goods companies and retailers to monitor their performance in all the channels in which they operate.
REM People helps its customers to track their ‘product journey’ by monitoring their retail execution and merchandising operations and their retail execution performance in offline, online, and printed channels. In addition to 3 SaaS software developed in the field of Retail Execution Management, it also offers ‘Artificial Intelligence-Based Advanced Analytics’ and ‘End-to-End Research/Measurement/Analysis Services’ based on demand.
Working with Abdi İbrahim, Al Marai, Americana, Anadolu Efes, Arçelik, Arla Foods, Bahlsen, Bayer, Bazooka, Beko, Bel Groupe, Betek Boya, BRF-One Foods, Carrefour, Coca-Cola, Danone, Edding, ETİ, Evyap, Expanscience, Exxen, Faber Castell, Fakir, Ferrero, Haribo, Hayat, Henkel, Huawei, IFFCO Group, Intel, Kellogg’s, Kraft-Heinz, Majid Al Futtaim, Mey-Diageo, Mezzan Foods, Microsoft, Mondelez, Nestlé, Nescafé Xpress, Nutricia, Opet, P&G, PepsiCo, Pernod Ricard, Peyman, Reckitt Benckiser, Red Bull, Seara, Shell, Sisecam, Solen, Starbucks, Tadim, Tat Gida, Tiryaki, Turk Tuborg, Turkcell, Turkcell Superonline and Unilever, REM People aims to increase client’s sales efficiency in more than 50 countries.
About Ethos Asset Management Inc:
Ethos Asset Management (Ethos) is an independent, US-based company with global reach in resource mobilization and project financing.
For more information, please visit https://www.ethosasset.com
For more information:
Echo İletişim – www.echoiletisim.com
İlker Pehlivan
+90 535 747 30 12
Serkan Filiz
+90533 742 83 20
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Science & Technology
Quantum Computing Breakthroughs: Disrupting Industries with Oxford’s Innovations
A recent breakthrough in quantum computing at the University of Oxford promises to disrupt multiple industries by significantly enhancing computational capabilities. Explore the technological implications and potential disruptions poised to redefine sectors.
In May 2026, the University of Oxford announced a significant breakthrough in the field of quantum computing, unveiling an advanced error correction algorithm that has the potential to transform computational capabilities. This development is not just a scientific triumph; it heralds a new era of technological disruption across multiple industries. Quantum computing, long anticipated as the next frontier in technology, promises to solve complex problems beyond the reach of classical computers, and Oxford’s latest advancement brings this closer to reality.
At the core of this breakthrough is the enhancement in quantum error correction, a critical component that addresses the inherent instability of qubits, which are the fundamental units of quantum information. Traditional computers use bits of 0s and 1s, but quantum computers operate on qubits, which can exist in multiple states simultaneously. This superposition allows quantum computers to process information exponentially faster than classical computers. However, qubits are notoriously prone to errors due to environmental noise and operational inaccuracies. Oxford’s new algorithm significantly improves the error correction process, maintaining qubit stability longer and allowing extended computational tasks to be performed accurately.
The implications of this are profound. Industries ranging from pharmaceuticals to finance stand on the cusp of disruption as quantum computing offers the ability to model complex molecular structures, optimize large-scale financial portfolios, and even revolutionize artificial intelligence algorithms. In pharmaceuticals, for example, quantum computing can expedite drug discovery by accurately simulating molecular interactions, potentially reducing the time and cost associated with bringing new drugs to market. Similarly, in finance, quantum algorithms can optimize trading strategies and risk management with a precision unattainable by current technologies.
Moreover, the ripple effects of such a leap in computational power extend to data encryption and cybersecurity. Quantum computers possess the potential to decrypt classical encryption methods, prompting a race for quantum-resistant cryptography. This necessitates a paradigm shift in how we secure digital information, affecting every sector that relies on data security.
Despite the tremendous promise, the transition to quantum computing is not without its challenges. The infrastructure required to support quantum technologies is expensive and complex. There is also a significant skills gap; experts in quantum computing are scarce, and training a new generation of scientists and engineers is imperative. Furthermore, ethical considerations regarding the power of quantum computing must be addressed, particularly in terms of privacy and security.
Looking forward, as quantum computing continues to evolve, industries will need to adapt swiftly to harness its capabilities. Early adopters who invest in quantum technologies and develop quantum-ready strategies will likely dominate in the coming decade. As Oxford’s breakthrough demonstrates, the race is on to fully realize the potential of quantum computing and redefine the boundaries of what is technologically possible.
Science & Technology
Apple’s AI Innovations: Shaping the Competitive Landscape in 2026
Apple’s latest advancements in artificial intelligence are setting the stage for a competitive showdown with other tech giants. This article explores how Apple’s AI strategy is positioning the company in the fast-evolving tech landscape.
In the bustling realm of technology, few companies command as much attention as Apple. In 2026, the Silicon Valley titan has once again captured the tech world’s gaze with its latest advances in artificial intelligence. As Apple unveils a suite of AI-driven innovations, the competitive landscape is poised for a seismic shift.
Apple’s strategic focus on AI is not merely about introducing new features but is a calculated move to redefine user experiences while maintaining its staunch advocacy for privacy. At the heart of Apple’s AI initiatives is the promise of personalization—an AI that learns and adapts to the user’s preferences, offering seamless interaction across its range of devices. This focus is especially pertinent in an era where user data is a hot commodity, and privacy concerns are at an all-time high.
What sets Apple apart in the AI race is its dual emphasis on innovation and privacy. While competitors like Google and Amazon have long been heralded for their AI prowess, often prioritizing expansive data collection to fuel their AI engines, Apple has carved out a niche by leveraging on-device processing. This approach not only mitigates privacy risks but also enhances real-time responsiveness, a crucial factor in user satisfaction.
The competitive implications of Apple’s AI advancements are profound. Google’s AI, renowned for its search and recommendation algorithms, faces a formidable challenger in Apple’s ecosystem-centric approach. Meanwhile, Amazon’s Alexa, which dominates the smart assistant market, must contend with Apple’s Siri, now equipped with enhanced contextual understanding and predictive capabilities.
Microsoft, another major player, has been making strides with its integration of AI in cloud services and productivity tools. However, Apple’s holistic approach—integrating AI across hardware, software, and services—presents a cohesive strategy that is difficult to replicate. This integration not only ensures a seamless user experience but also reinforces brand loyalty, a cornerstone of Apple’s business model.
As AI continues to evolve, the stakes in the tech industry are higher than ever. Apple’s innovations are not just about keeping pace but are strategically designed to place the company at the forefront of the AI revolution. In doing so, Apple is not only safeguarding its market position but is also setting new benchmarks in how technology can enhance and secure our digital lives.
The road ahead will undoubtedly see further advancements and competition, but Apple’s current trajectory suggests it is well-positioned to lead in the AI domain. By prioritizing user-centric design and privacy, Apple is not just participating in the AI race; it is setting the pace.
Science & Technology
AI Fitness Instructors and Unreal Gains: Revolutionizing the Fitness Industry
The rise of AI-driven fitness programs is transforming the fitness industry. Explore the technology, its impact on traditional fitness models, and how it is reshaping consumer expectations.
Artificial intelligence is making its mark across various sectors, and the fitness industry is no exception. With the advent of AI-driven fitness instructors, there is a seismic shift underway in how fitness is perceived and pursued. This article delves into the rise of AI in fitness, examining the technology behind it, its effects on traditional fitness models, and the shifting expectations of consumers.
In recent years, AI fitness instructors have become increasingly popular, offering personalized workout programs, real-time feedback, and virtual coaching. These AI systems utilize advanced algorithms to tailor fitness routines that adapt to an individual’s progress and preferences, making fitness more accessible and engaging than ever before.
At the core of AI fitness instructors is sophisticated machine learning technology. These systems collect data from various sources, such as wearable devices and user inputs, to create personalized fitness plans. AI analyzes this data to optimize workouts, ensuring they are challenging yet achievable, and provides insights that were previously accessible only through one-on-one sessions with human trainers.
The integration of AI into fitness is transforming traditional models. Gyms and fitness centers are incorporating AI technologies to enhance their offerings, while some consumers opt for entirely virtual experiences. This shift is challenging the status quo, pushing traditional trainers to adapt by integrating technology into their own practices to remain competitive.
As AI fitness programs become more prevalent, consumer expectations are evolving. Users now demand more personalized and flexible fitness solutions that fit into their busy lifestyles. AI provides this adaptability, offering users the ability to engage in workouts anytime, anywhere, without compromising on quality or effectiveness.
Looking ahead, the role of AI in fitness is set to expand. As technology continues to advance, we can expect even more innovative solutions that enhance user experience and outcomes. AI-driven gamification elements, for example, are already being explored to increase engagement and motivation.
The rise of AI fitness instructors represents a significant evolution in the fitness industry. By offering personalized, accessible, and innovative solutions, AI is not only transforming how people engage with fitness but also challenging traditional models and expectations. As this technology continues to develop, the potential for further disruption and improvement in the fitness sector is immense.
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