- Bambuser customers can now benefit from Bambuser's interactive live streaming shopping platform
STOCKHOLM, Oct. 15, 2020 /PRNewswire/ -- Interactive live video shopping provider Bambuser today announced that it has launched Live Stream E-Commerce Experiences, a new integration with Salesforce Commerce Cloud, the fastest path to unified commerce. Commerce Cloud enables brands to provide personalized omnichannel experiences for shoppers that span web, mobile, social and in-store. Now, as part of the world's #1 CRM platform - Salesforce - brands can deliver completely unified experiences for customers that extend beyond commerce to include marketing, customer service and more.
Bambuser's integration empowers customers to engage directly with their customers through live, interactive online shopping that enables a more immersive online retail experience. Bambuser's technology has already helped brands to better engage with their customers in 2020, with the average viewer watching a Bambuser-supported Live Video Shopping show for over 11 minutes and 12 per cent adding at least one item to their shopping cart. These figures increase significantly for beauty retailers using Bambuser, one of the top-performing retail segments, with 36 percent of customers adding at least one item to their shopping cart.
Maryam Ghahremani, CEO of Bambuser said: "Bambuser is very excited to be collaborating with forward thinking companies such as Salesforce to provide our live streaming video technology as a turnkey solution to their customers." She continued "Live-streamed video is playing an increasingly important role in retail. This collaboration bawill enable us to deliver solutions at scale to brands looking to engage customers and increase sales quickly."
"As live-streamed video makes its way into e-commerce, we're excited to see Bambuser innovate in this space. Leveraging Commerce Cloud, Bambuser is enabling customers to unlock the potential of new purchasing behavior and drive further growth,," says Lars Grønkjær, Senior Regional Vice President, Commerce Cloud, at Salesforce Northern Europe.
Bambuser is a software company specializing in interactive live video streaming. The Company's primary product, Live Video Shopping, is a cloud-based software solution that is used by customers such as global e-commerce and retail businesses to host live shopping experiences on websites, mobile apps and social media. Bambuser was founded in 2007, is listed on the Nasdaq First North Growth Market and has its headquarters in Stockholm. Erik Penser Bank AB is Bambuser's Certified Adviser.
View Bambuser on the Commerce Cloud Marketplace: salesforce.com/products/commerce-cloud/partner-marketplace/partners/bambuser
Salesforce, Commerce Cloud and others are trademarks of salesforce.com, inc.
Contact informationMaryam Ghahremani, CEOemail@example.com
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Lars (Salesforce) & Maryam (Bambuser)
(RTTNews) - European stocks are seen opening higher on Wednesday despite concerns surrounding halted Covid-19 vaccine trials and an elusive U.S. stimulus agreement.
The International Monetary Fund has upgraded its global growth outlook for 2020 to -4.4 percent but projected a partial and uneven recovery in 2021, saying that several risks remain and "persistent social distancing" will curb a full rebound in activity.
Asian markets are trading mixed as Chinese President Xi Jinping welcomed foreign countries to participate more in the reform.
Both the euro and the British pound weakened against the dollar after the EU demanded "substantive" movement on fisheries, dispute settlement and guarantees of fair competition in their talks on a post-Brexit trade deal.
EU leaders will assemble in Brussels on Thursday and Friday to take stock of the negotiations.
Bank of England Governor Andrew Bailey on Tuesday said the U.K. is not going through a V-shaped economic recovery as some sectors/localities continued to face corona restrictions.
The dollar and oil held steady while gold hovered below $1,900 as U.S. drug maker Eli Lilly joined Johnson & Johnson in halting its trials of a Covid-19 vaccine over safety concerns.
On the stimulus front, U.S. House Speaker Nancy Pelosi rejected a $1.8 trillion relief proposal from the White House, claiming the proposal "falls significantly short of what this pandemic and deep recession demand." She still hopes a deal can be reached.
Senate Majority Leader Mitch McConnell has announced the Senate will vote on a more limited stimulus bill once lawmakers return from recess on October 19.
Eurostat is slated to issue euro area industrial output data for August later in the day. Economists expect production to grow 0.8 percent sequentially in the month, slower than the 4.1 percent increase seen in July.
European Central Bank President Christine Lagarde is set to speak via videoconference at the 16th Global Roundtable organized by the United Nations Environment Program Finance Initiative.
Across the Atlantic, another batch of earnings news may attraction attention, with Bank of America, Goldman Sachs, UnitedHealth and Wells Fargo among the companies due to report their quarterly results before the start of trading.
U.S. stocks edged lower overnight as a stalemate in stimulus negotiations continued, a string of earnings reports from companies ranging from airlines to banks proved to be a mixed bag, and the pause of a key coronavirus trial added to uncertainty about when a safe and effective vaccine will be ready.
The Dow Jones Industrial Average and the S&P 500 shed around 0.6 percent, while the tech-heavy Nasdaq Composite slipped 0.1 percent.
European markets fell on Tuesday amid worries about growth as a second wave of coronavirus cases prompted new restrictions.
The pan European Stoxx 600 gave up half a percent. The German DAX dropped 0.9 percent, France's CAC 40 index gave up 0.6 percent and the U.K.'s FTSE 100 declined half a percent.
Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today that its wholly owned subsidiary, Eye-Net Mobile Ltd., will start a pilot project with a multi-billion-dollar multinational Japanese electronics company to test its Eye-Net™ Protect cellular-based V2X (vehicle-to-everything) accident prevention solution. This is the second pilot project the Company announced this month, following the announcement about a pilot project with a multi-billion-dollar global Japanese technology company to test Eye-Net Mobile's solution.
The pilot project will be used to validate and evaluate the software development kit (SDK) configuration of the Eye-Net solution and its technical specifications. Upon successful evaluation, the Japanese electronics company, which implements hundreds of thousands of units of advanced dashboard cameras (dashcams) every year, may proceed to integrate the Eye-Net solution into its dashcams.
According to recent reports by Grand View Research, the global dashboard camera market size is expected to reach around $7.5 billion by 2027. An estimated 36.1 million dashcams were sold in 2019, more than 10 million of which were advanced dashcams. Advanced dashboard cameras come with parking motion detection, GPS support, and Wi-Fi connectivity. These features, coupled with government regulations and increasing awareness regarding vehicle safety, are expected to drive demand for advanced dashcams in the coming years.
"This second pilot project is a vote of confidence from another Japanese company, that reinforces our market penetration strategy, targeting the smart devices and services market, including dashcams, head-up displays, wearable devices, navigation aids, and IoT platforms,” said Dror Elbaz, COO & Deputy CEO of Eye-Net Mobile. "We decided to focus on the Japanese market, which is often characterized by early adopters of new technologies and innovations, enabling quick market penetration. Concentrating on one geographic region will help us to achieve a critical mass of Eye-Net Protect users in a defined area, thus increasing the chance of preventing accidents and saving lives.”
The Eye-Net Protect V2X solution is designed to protect the most vulnerable road users in real time—including pedestrians, cyclists, scooter drivers and car drivers—by providing collision alerts when the road users have no direct line of sight. An SDK configuration allows Eye-Net Mobile to integrate its solution with leading location-based products such as wearable devices, dashboard cameras, navigation aids, infotainment systems, third-party applications and other smart devices.
For more information about Eye-Net Mobile, please visit www.eyenet-mobile.com, or follow the Company’s LinkedIn page, Eye-Net Mobile; Twitter, @EyeNetMobile1; and Instagram channel, Eyenetmobile1, the contents of which are not incorporated into this press release.
Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), founded in 2015, is a technology company engaged in the design, development and commercialization of sensors systems for the automotive industry. Through the company’s wholly owned subsidiaries, Foresight Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both "in-line-of-sight” vision systems and "beyond-line-of-sight” cellular-based applications. Foresight’s vision sensor is a four-camera system based on 3D video analysis, advanced algorithms for image processing, and sensor fusion. Eye-Net Mobile’s cellular-based application is a V2X (vehicle-to-everything) accident prevention solution based on real-time spatial analysis of clients’ movement.
The company’s systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts. Foresight is targeting the Advanced Driver Assistance Systems (ADAS), the semi-autonomous and autonomous vehicle markets and predicts that its systems will revolutionize automotive safety by providing an automotive-grade, cost-effective platform and advanced technology.
For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com, follow @ForesightAuto1 on Twitter, or join Foresight Automotive on LinkedIn.
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this press release when it discusses the pilot project with the Japanese electronics company, that upon successful evaluation, the Japanese electronics company may proceed to integrate the Eye-Net solution into its dashboard cameras, the size of the dashboard camera market, the potential of the company’s products, and the company’s market penetration strategy. Because such statements deal with future events and are based on Foresight’s current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements of Foresight could differ materially from those described in or implied by the statements in this press release.
The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading "Risk Factors" in Foresight's annual report on Form 20-F filed with the Securities and Exchange Commission ("SEC") on March 31, 2020, and in any subsequent filings with the SEC. Except as otherwise required by law, Foresight undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Foresight is not responsible for the contents of third party websites.
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