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HIVERY announced as a finalist for AmCham’s Alliance Award in Artificial Intelligence

Sep 16, 2021 | By

HIVERY

Our team is honored to announce that the American Chamber of Commerce has listed HIVERY as a finalist for the Alliance Awards 2021 in the Artificial Intelligence category. AmCham’s inaugural Alliance Awards Gala will recognize pathfinders in six key industries that are actively strengthening the links between Australia and the United States, and these awards are designed to shine a light on their achievements, focus attention on future investment, and inspire the next generation of Australian and American innovators. We thank the panel of judges, the AmCham Alliance Association, Verizon and our fellow finalists. It’s an honor to be recognized for such a prestigious accolade in this category as it signifies our alignment with both Australian and American industries. Our team looks forward to hearing the outcome on December 8th in Sydney. “We are grateful to be a finalist, amongst a cohort of so many other amazing companies,” said Jason Hosking, CEO of HIVERY. “We are proud to be pushing market boundaries by truly transforming retail analytics and merchandising management with practical applications of AI. We are achieving extraordinary results and recently surpassed US$1B in incremental customer sales generated through our HIVERY Curate soluition. It comes down to our ability to help our customers to leverage AI by generating rapid retail strategy simulation and optimization strategies. It is hyper-local retailing at its best.” Using the world’s most advanced machine learning and operations research techniques, HIVERY will consistently empower global FMCGs, CPGs and retailers to make more informed decisions that will enhance customers’ shopping experiences, optimize shelf space utilization and maximize profits.  If you would like to know more about this AI solution and our other products.
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Thanking the Export Finance Australia for supporting HIVERY's continued US expansion
Sep 10, 2021 | By

Export Finance Australia

Founded in early 2015, Red Analytics (Trading as HIVERY) offers retail strategy simulation and optimisation to Retail and Consumer Packaged Goods (CPG) customers around the globe. Headquartered in Surry Hills, NSW, HIVERY has sales offices in Japan and the US, and around 90% of its revenue is generated internationally. HIVERY started as a $US50K experiment after a data hackathon event that proved AI can augment human thinking. This led to the creation of a mathematical model that optimises the products in fleets of vending machines.... Read More
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Watch On Demand Webinar Now: Using AI to simulate the impact of human judgement
Sep 03, 2021 | By

HIVERY

Can human foresight be achieved? To fully leverage the value contained in data, CPG companies and retailers need to bring Artificial Intelligence (AI), specifically Machine Learning (ML), into their retail planning and execution processes. We need to transition from a data-driven world to an AI-driven world. A world that can help us augment human judgement as simply as Google Maps does today. With the proliferation of AI/ML capabilities in our business and lives, we are now able to get closer to understanding the impact of every decision before making that decision. In this fascinating webinar, HIVERY will explore how AI/ML is being used to simulate the impact of human judgement both in our industry and beyond. You will learn how AI/ML: Is used to augment and qualify human decisions Can find the right balance of risk and reward for different retail growth strategies; all at store-level Can rapidly and iteratively simulate different strategies to achieve your growth plans Presented by Heather Martin, Vice President of Sales at Hivery and Jackie Wightman, Sales Director at Hivery Questions on how to leverage AI in your retail strategy design and find optimal store-level assortment and planograms? Send us an email at hello@hivery.com
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Watch On Demand Webinar: Simulating New Item Success - From Innovation To Execution At The Retail Shelf
Aug 31, 2021 | By

HIVERY

In this webinar we shared some of the best practices on how CPG manufacturers are leveraging next generation Machine Learning (ML) and Operations Research (OR) models to: Simulate where new items will earn distribution in retailers down to the store level To maximize revenue by optimizing your brand portfolio at the store level to create space for new innovation and high performing items Enable pinpointed advertising in markets to amplify the success of existing brands and new items Designed for front line users in sales, marketing and category management, learn how ML and OR is being used to augment traditional tasks from category strategy to planogram creation - all in minutes not months. Presented by Scott Anderson, Chief Revenue Officer and Zach Simpson, Director, Customer Success
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HIVERY makes Forbes Asia 100 to Watch list
Aug 13, 2021 | By

HIVERY

Our team is honored to announce that Forbes has included HIVERY on their 100 to Watch list. This inaugural list places a spotlight on remarkable companies and start-ups on the rise across the Asia-Pacific region. Companies featured on the list have been selected from a pool of over 900 submissions and highlighted for making extraordinary progress and impact despite the challenging climate brought on by the Covid-19 pandemic. “We are honored to be part of this list, amongst so many amazing companies,” said Jason Hosking, CEO of HIVERY. “To me, this is really about recognizing and celebrating our hard work as a collective team, our investors who continue to believe in our vision, our business partners who continue to support us and of course, our customers who are seeing the unfair advantage in transforming their merchandising and category management operations with our products.”    This news comes just as HIVERY has been acknowledged as a leader in providing category management simulations and optimizations by Coresight Research and recognized in the Market Guide for Retail Assortment Optimization Applications in Merchandising by globally recognized independent IT research and advisory company, Gartner. HIVERY is transforming category and merchandising management processes amongst the world's biggest brands in retail and CPG, and has recently secured additional funds from new investors OneVentures (read more here) and existing ones: AS1 Growth Partners and Blackbirds ventures (read more here).  "The Retail and CPG industry has relied on traditional techniques and tools developed back in the 1980s, combined with human ‘gut feel and experience’ to manage merchandise in stores. We are changing this and how category management is done, advancing our industry into the Fourth Industrial Revolution," said Scott Anderson, Chief Revenue Officer at HIVERY Using the world’s most advanced machine learning and operations research techniques, HIVERY will consistently empower global CPGs and retailers to make more informed decisions that will enhance customers’ shopping experiences, optimize shelf space utilization and maximize profits.  If you would like to know more about this solution and our other products, contact us here. We’d love to hear from you.  We wish to express our gratitude to everyone who has helped us get this far.  Here's to a better future we will keep on building.
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54 Most Innovative Sydney Based Machine Learning Companies
Aug 11, 2021 | By

Futurology

This article showcases our top picks for the best Sydney based Machine Learning companies. These startups and companies are taking a variety of approaches to innovating the Machine Learning industry, but are all exceptional companies well worth a follow.... read more.
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Meeting Shopper Demand with Localized Assortment Optimization  
Jul 26, 2021 | By

Sourcing Journal

There’s an old adage: You get what you get, and you don’t get upset. Clearly, that doesn’t apply to retail. For some time now, the axiom has been customers want what they want, when they want it. And COVID-19 didn’t seem to change that. Apparel shoppers want choices, and they want the stores and clothes to reflect their local tastes and demands. Coresight Research says the pandemic “accelerated consumer disinterest in homogeneous physical retail experiences.” Instead, shoppers are seeking experiences that are local, distinctive and diverse. The firm advises retailers consider localizing in-store experiences and product offerings. Coresight adds that mall owners can support its tenants with localized center experiences. They good at adding datasets but lack the ability to model based on goals and constraints - this is HUGHE difference....Read More
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HIVERY scores debt from OneVentures in 10th credit deal
Jul 05, 2021 | By

The Australian Financial Review

Not one, but 10: that’s the number of venture debt deals now completed by Dr Michelle Deaker’s OneVentures first debt fund, which has now put half of its $80 million in capital to work...Read more.
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HIVERY is mentioned in Valuer.ai's article The 50 Best Startup Cities in 2021!
May 17, 2021 | By

Valuer.ai

Australia is a vibrant country with exciting energy, and the local startup scene is booming. Australia’s economy is strong. It’s the world’s 13th-largest economy with the ninth-highest income. Sydney is the largest of the Australian startup hubs with 35% of the nation's startups, followed by Melbourne. The area is filled with incubators and accelerators with one spreading 11 floors and 16,722 square meters. Best of all, it's right in the heart of the city. HIVERY is mentioned in Valuer.ai's article The 50 Best Startup Cities in 2021! Read more
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