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Europe stocks climb back from prior day’s rout
MADRID (MarketWatch) — European stock markets rose on Tuesday, led by banks, a sector that had led sharp losses the prior session on political worries in the euro zone. The Stoxx Europe 600 index rose 0.4% to 252.72, wit…
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Tomi Kilgore
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Mosaic Recently Contributed AI/ML Services to a Custom Application that Alerts on Carbon Emissions and Recommends Renewable Energy Portfolios. The company is also working with a leading risk management software firm to accelerate corporate ESG adoption.
Press Release
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Jan 9, 2023 13:15 EST
LEESBURG, Va., January 9, 2023 (Newswire.com)
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Mosaic Data Science contributed machine learning algorithm development & deployment services to help a leading power firm automate the process of quantifying the switch to renewable energy portfolios from traditional energy sources while exploring the costs and tradeoffs of said offerings for their business-to-business customers. The solution is designed for enterprises that require power to a diverse set of business functions, such as industrial warehouses, production plants, and related physical infrastructure.
The application relies on a highly scalable, custom mathematical optimization algorithm to select the products to eliminate or offset the emissions required to reach the GHG targets. Mosaic’s data scientists collaborated with key stakeholders to lay out requirements for an interactive dashboard and the algorithms driving the portfolio recommendations.
In the past, this had been a manual, error-prone, and time-consuming effort as sales personnel had to piece together a portfolio to cover energy usage across tens of thousands of service locations for a customer over a multi-decade window. Automating the process is a massive win for the energy company and its customers.
As the world becomes increasingly exposed to climate change impacts, more companies have stepped up their efforts to provide environmental, social, and governance reports (ESG) with emissions reduction goals. The project is just one example of the many use cases of data science techniques in solving carbon footprint reduction problems and combating climate change, contributing to a healthier future for our planet.
Mosaic also works with a leading risk management software company to accelerate ESG adoption among global corporations. Mosaic is designing ML-based solutions to help corporations make more sustainable decisions.
According to Gartner, artificial intelligence was named one of the top technologies by CEOs to help accelerate sustainable business progress and could help deliver nearly one-third of the carbon emission reductions required by 2030.
“Mosaic’s artificial intelligence and machine learning skills can help the organizations focus on sustainable processes & practices,” said Drew Clancy, VP of Marketing and Sales. “Too often people generalize AI as trying to sell you more products, but this technology should play a critical role in increasing our resilience to the effects of climate change by helping us identify risk factors and develop plans to mitigate them.”
Companies that put AI at their core are far more likely to contribute positively to climate resilience, adaptation, and mitigation efforts than those that do not. Mosaic continues to be a champion of sustainability in its business practices.
About Mosaic Data Science
Mosaic Data Science is a leading AI/ML services company focused on helping organizations build and deploy custom solutions. The company makes complex artificial intelligence and machine learning solutions actionable, explainable, and usable to any organization.
Source: Mosaic Data Science
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Extends its solution offering for retailing segments of Pet, Auto Parts, Sporting Goods, Office Supplies, and more
Press Release
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updated: Jan 23, 2018
MUNICH, January 23, 2018 (Newswire.com)
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emnos, the retail analytics and shopper insights organization based in Chicago, USA and headquartered in Munich, Germany, has rolled out its strategy to offer solutions and services to non-grocery retail segments. Having successful, long-term client relationships with some of the world’s leading food and drug retailers, emnos has made the strategic decision to pursue verticals outside the grocery space that include Sporting Goods, Office Supplies, Pet, Consumer Electronics, Apparel, Furniture, Do-It-Yourself (DIY), Auto parts, and Travel.
This initiative is led by a dedicated team with deep expertise in customer insights, retail analytics, data monetization, and product innovation. They will be focused on building and offering data and insights solutions that enable non-grocery retailers to seamlessly incorporate customer data into category management and planning processes. emnos will take this offering to retailers in the USA and across Europe.
emnos’ Balanced Promotions solutions have successfully delivered ROI for food and drug retailers, and we are confident we will repeat the same performance in the non-grocery segments as well.
Florian Baur, CEO
“We are excited to begin offering our products and solutions to these retailers, especially our latest offering, emnosNavigator, an intelligent solution that pushes guided insights via a visual insights interface directly to key stakeholders across an organization,” said Brian Murphy, who is leading the initiative globally.
The team also plans to help retailers in these segments better use their data to efficiently and effectively optimize and balance their mass and targeted promotions. “emnos’ Balanced Promotions solutions have successfully delivered ROI for food and drug retailers, and we are confident we will repeat the same performance in the non-grocery segments as well,” said Florian Baur, CEO while announcing the new initiative.
Recently, emnos shifted focus to a solutions-focused retail insights organization and is investing heavily into the development of innovative, new solutions and enhancing their existing offerings. The expansion into non-grocery segments comes at a pivotal time as these retailers face growing challenges of e-commerce and must find new and unique ways to maintain customer loyalty, drive trips, and build baskets.
About emnos
emnos enables retailers to transform shopper data into tangible growth through its retail insights solutions focused on Category Management and Personalized Marketing. Driven by powerful analytics, years of retail insights expertise and intelligent technology, emnos’ quick-to-deploy SaaS based solutions enable retailers to best engage their customers and drive growth.
With offices in five countries, emnos works with some of the leading global retailers spread throughout Europe and the USA. emnos is part of Loyalty Partner GmbH, a subsidiary of American Express.
For more details, visit https://www.emnos.com.
Media contact: Sachin Pande
email: press@emnos.com
Munich: +49 89 2050 7386
Chicago: +1 312 880 1336
Source: emnos GmbH
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