Changing the Dynamics of E-Commerce Technology for Better User Experience

It goes without a doubt that the technology is changing lives, and as it continues to grow on a massive scale, it would continue to do so in the time to come. Technology has integrated with just about everything we do, and as the technology evolves, there are new facets of technology that are surfacing to take over the previously known technology. One of the latest branches of modern technology is artificial intelligence, which is so structured to think and act like a human, but without being powered manually. It aims to lower the workload of the human while improving efficiency and the capability to mine precise data in the world of internet.

Artificial Intelligence is playing a significant role in the world of online marketing and e-commerce customer experience today, and the primary reason it has made its way to the digital world is that of the huge competition present in the online marketing world. Different e-commerce companies are fighting each other out to grab the maximum market share in the niche they belong to. The marketing methods that are implemented are directed outward from the business, but artificial intelligence is directed inward and helps in improving the user experience through intent-detection. It uses the visual images and easy-to-navigate interface to understand the kind of content user is looking for and what is the precise intent of the user.

The global leader in the digital artificial intelligence technology, Sentient AI has developed the highly efficient Sentient AI Multi-Variate testing for the websites and e-commerce site that would allow the portal to mine data collected from the user interaction on the site. It would make the task of the business owner much easier by knowing what is working on the site, and what is not, and what changes are to be made to improve user experience at the site.

The Sentient AI uses the proprietary technologies that can be called the counterpart of the traditional technologies in use today. The e-commerce sites are looking for new ways to help the users with their navigation on the site and to make their shopping experience on the site as seamless and flawless as possible, and it can be achieved through the implementation of results found through Sentient AI Multi-Variate Testing. The conversion rate optimization is a real thing in today’s world of advanced technology, and Sentient AI helps in ensuring that the user is fed with the exact content they need when they need it. It reduces lag, increases precision, and reduces the effort required to check-out as well.

Jim Tananbaum Invest in Mindstrong Heath to Improve Mental Care

Mindstrong Health Company raised $14 million in the first round of Financing, Series A, aimed to support the neuropsychiatric diagnosis and treatment platform. The firm utilizes smartphones to detect and help to treat neuropsychiatric disorders. Some of the main investors were Foresite Capital, Optum Ventures, One Mind Brain Health Impact Fund, and ARCH Venture Partners.

According to the CEO of Mindstrong Health, Paul Dagum, despite the fact that modern medicine is based on objective measurement, mental health has been confined to limited subjective reports in the clinical setting. People with mental illnesses need the objective measures similar to those applied to other chronic diseases such as heart disease and diabetes.

Mindstrong Health provides continuous objective measures of cognition and behavior at an insight and a high level of resolution that has never been achieved. Jim Tananbaum praised Mindstrong Health for their unsurpassed understanding of the hurdles faced by the people with cognitive health disorders.

Jim Tananbaum (officialjimtananbaum.com) is the Founder of Foresite Capital Management. The company invests in firms with services in the healthcare sector including genomics, medical devices, diagnostics, and biotechnology. Jim studied at Yale University and graduated with a bachelor’s degree in electrical engineering. Jim Tananbaum holds an MD from the Harvard Medical School and an MBA from the Harvard Business School. Currently, he serves as the CEO of Foresite Capital Management.

Jim was one of the few investors who appeared on the Forbes Midas List of top 100 investors in 2017. It was his first time to appear on the Midas list. For one to one on this list, he/she should be ready to make colossal calculations and great risks. Lucky people also find their way to this coveted list.

Jim has been in the investment industry for more than two decades. According to researchgate.net, he was part of Sierra Ventures and Prospect Ventures Partners. Jim’s leading investments include Amerigroup, Amira Pharmaceuticals, Healtheon, and Jazz Pharmaceuticals. He founded and held managerial positions at Theravance and GelTex Pharmaceuticals. Dr. Tananbaum served on the visiting committees as well as advisory boards of Yale School of Engineering and Harvard-MIT HST program.

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