Upstage Introduces How to Implement AI Recommendation Engine Successfully
1/25/2023Upstage is holding a webinar on Feb. 26 on AI-powered personalization recommendations for everyone
Upstage's business strategy leader presents on the latest technology trends and insights on successful implementation
Online registration available from Jan. 25 to Feb. 26 via Upstage's official website page
(Seoul, Jan. 25, 2023 /Upstage) Upstage, a leading AI company in South Korea, is sharing insights about the successful implementation of AI personalization recommendation technology.
Upstage announced on January 25th that the company will be hosting an online event called "Upstage Talks" on February 16th, under the theme of "Recommendation of AI Personalization for All: Growth of Recommended Marketing Technology and Introduction in Companies," to share insights about successful implementation of AI-powered search technology.
Upstage Talks was initiated in 2020 as an in-house technical lecture and has since grown in popularity thanks to Upstage's world-renowned performance sharing, such as winning Kaggle competition, as well as lectures by Silicon Valley developers. The event has received a lot of interest from both companies and the general public who are interested in AI.
The upcoming event will will discuss the latest trends and strategies for introducing AI-recommendation technology. Euihyeon Pyeon, ex-management consultant from Bain & Company who is now leading Upstage's business strategy department, has been featured as a speaker. The presentation will cover topics such as: the change in marketing trends and the rise of AI-recommendation solutions, the effects and challenges of these solutions, and the methods for introducing them. The event will also cover recommended AI solutions for all.
As personalized experiences become increasingly important, data-driven AI recommendation solution is garnering increasing attention. In fact, 35% of Amazon's total sales come from its recommendation technology, and 80% of Netflix users depend on recommendation algorithms, demonstrating that personalized recommendation is indeed a key marketing factor that leads to a company's conversion rate and sales improvement.
Anyone who is interested in learning about the latest trends in marketing technology, including corporate professionals who are evaluating AI recommendation technologies and effective methods for introducing AI, can attend this event. Attendees will also have the opportunity to learn about examples of AI-as-a-Service (AIaaS) recommendation solutions that can be easily implemented.
The event will be held online on February 16th at 8 pm. Pre-registration will be available through Upstage's official website (www.upstage.ai) and the event page from January 25th to the day of the event.
"The demand for AI-powered recommendation and search, known as 'Seargest (Search+Suggest) technology, is increasing rapidly, but only around 2% of companies have actually succeeded in implementing it into their operations,” said Sung Kim, CEO of Upstage. “In light of that, the first Upstage Talk of this year aims to provide insight to corporate customers who want to introduce AI but are facing difficulties."
Meanwhile, Upstage is helping its customers innovate digitally through its no-code/low-code solution, "Upstage AI Pack," which allows for easy implementation of the latest AI technology across various industries. Upstage has constantly demonstrated its technological prowess by publishing a number of papers at top-tier AI conferences and journals, including NeurlPS, ICLR, CVPR, ECCV, and WWW, while sweeping almost a dozen gold medals from Kaggle competitions.
With the AI Pack, Upstage assists customers in customizing three AI technologies simultaneously: OCR technology, recommendation technology that takes into account customer information and product/service characteristics, and natural language processing (NLP) that enables meaning-based search. The Upstage AI Pack not only simplifies data processing, AI modeling, and indicator management, but also supports continuous updates and makes it easy to stay up-to-date with the latest AI technology.
Photo caption: Upstage is sharing insights about the successful implementation of AI personalization recommendation technology
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Upstage | Keunkyo Kim, PR Director | keunkyo@upstage.ai Upstage | Sungbeom Bae, PR Manager | sungbae@upstage.ai
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Founded in October 2020, Upstage identifies areas that can be innovated through AI technology among corporate problems and provides consulting including basic AI model and system construction required for this. In addition, by supporting the nurturing of AI talents within customer companies, it will help companies with successful AI transformation by improving their own AI competitiveness. Furthermore, the company plans to actively design AI teams by nurturing differentiated professional talents who can be immediately put into AI business through hands-on training that melts AI business experience and solid AI basic training.
CEO Seong-Hoon Kim developed Kachine, an early search engine in Korea, and co-founded Nara Vision, Inc. Since then, while serving as a professor at Hong Kong University of Science and Technology, he won the ACM Sigsoft Distinguished Paper Award 4 times, the best paper award, for research on bug prediction and automatic source code generation that converges software engineering and machine learning. He is a world-class scholar in software engineering and AI, winning influential thesis awards. He is also widely known as a deep learning instructor for everyone, which has recorded more than 6 million views in total.
Upstage's co-founders include CTO Lee Hal-seok, who led Naver Visual AI / OCR and achieved global results, and CSO Park Eun-jung, who led the model team of Papago, the world's best translator.
