Connect with us

Tech

EY: 53% of MENA executives have AI and Automation on their agenda

Published

on

EY: 53% of MENA executives have AI and Automation on their agenda

53% of senior executives in the MENA region named artificial intelligence (AI) and Robotic Process Automation (RPA) as the most prominent technologies on their boardroom agenda. In consumer-facing sectors, automation is the leading technology focus in MENA, according to EY’s recent report.

Moreover, the EY report The power of intelligent automation: Making customer interaction smarter in the GCC’, identifies government services, retail and financial services as the three key customer-facing sectors that are using intelligent automation to drive efficiencies, using the resulting capacity to create new value, improve customer experience, and support product and service innovation.

Governments paves the way for the private sector

GCC Governments are mandating their departments to use intelligent automation to drive efficiency, inject innovation into the economy, and improve citizen, resident and tourist satisfaction by providing fast and efficient public services.

Within the GCC, Dubai is the most advanced city in terms of the automation of public services delivery.

Firas Qoussous, MENA Government and Public Sector Leader, EY, says:

“We are seeing GCC governments linking the use of AI to major strategic objectives. This approach has the advantage of building synergies into planning from the beginning. It focuses primarily on improving the customer or citizen experience, with cost-cutting being a consequence of automation rather than the program’s main aim. However, there are still relatively few live projects and collaboration with the private sector will be key to delivering results. Governments must focus on building home-grown data science talent to improve service efficiency and fuel private sector innovation.”

Making customer interactions smarter in retail

In retail, RPA “Robotic process automation” has the ability to build the foundation for an improved digital customer experience, but making customer interaction smarter will require more predictive analytics that leverage AI.

Ahmed Reda, MENA Consumer Products & Retail Sector Leader, EY, says:

“The potential is huge for RPA and AI to help GCC retailers improve customer interaction through real-time, location-based customized offers, and opportunities to cross-sell in store and online. Twenty-first century buying will revolve around AI, voice, mobile, drones and self-driving delivery vehicles, while shopping will be all about experience.”

Financial services lead in intelligent automation implementation

The financial services sector is among the most advanced in adopting intelligent automation technologies. Banks are utilizing their up-to-date data storage to provide end-to-end services for customers, seamless connectivity between channels, and partnerships with other providers to enable immediate payments or loan processing.

Gordon Bennie, MENA Financial Services Sector Leader, EY, says:

“Financial services companies in the GCC are forging ahead in intelligent automation. Many are building on existing experience using RPA tools to automate back-office processes, such as automated loan approval, to find new sources of customer value. They too are partnering with telecommunications, as well as the retail sector, to build detailed profiles of their customers for personalized interactions.”

The current extent and maturity of intelligent automation implementation may vary broadly between and within sectors. Still, the pace of change in the region has accelerated enormously this year as companies look to new technologies and collaborations that will help them address changes in customer behavior.

Risks associated with digital transformation

As companies move into rapidly emerging predictive technologies, they need to review and address information security, data privacy and ethics, the report highlights.

Both public and private sector organizations will need to develop their data governance models and ethical guidelines on how customer data is used to manage reputational risk.

Marketing

5 AI Copywriting Tools That Are Transforming Content Creation

Published

on

By

5 AI Copywriting Tools That Are Transforming Content Creation

In today’s digital world, businesses constantly seek ways to stay ahead of the competition. One of the most effective ways to achieve this goal is through content creation. However, creating engaging content requires a significant amount of time and effort, which can often be a challenge for busy professionals. This is where AI copywriting tools come into play. In this article, we will explore the latest developments in AI-powered copywriting tools and how they are revolutionizing content creation.

What are AI Copywriting Tools?

AI copywriting tools are software programs that use artificial intelligence (AI) and natural language processing (NLP) to generate high-quality content. These tools allow users to create content quickly and easily, without extensive writing skills. The software analyses data and generates text content, including articles, blog posts, product descriptions, social media posts, and more. The content generated by these tools is often indistinguishable from content written by a human, making it an excellent option for businesses looking to scale their content creation efforts.

Benefits of AI Copywriting Tools

Here are some of the benefits of using AI copywriting tools:

  • Increased efficiency: AI-powered tools can generate content faster than humans, allowing businesses to produce more content in less time.
  • Improved accuracy: These tools can help ensure that content is free from errors, improving the overall quality of the content.
  • Cost-effective: AI copywriting tools can be more cost-effective than hiring a full-time writer, particularly for businesses that require a lot of content.
  • Consistency: These tools can help ensure that content is consistent in tone and style, which can be a challenge when using multiple writers.

Top AI Copywriting Tools

There are several AI copywriting tools available in the market. Let’s take a look at some of the top options:

1. Writesonic

Writesonic is an AI-powered copywriting tool that uses deep learning algorithms to generate high-quality content. The tool offers many features, including blog post generation, product descriptions, landing pages, and more. It also supports multiple languages, making it an excellent option for businesses in different regions. Additionally, the tool offers a content rephrase, which can help businesses avoid duplicate content penalties.

2. Copy.ai

Copy.ai is another popular AI copywriting tool that uses GPT-3 technology to generate high-quality content. The tool offers several features, including blog post generation, email marketing, and social media post creation. It also provides a feature called “Inspire Me,” which gives users writing prompts to help them get started.

3. Conversion.ai

Conversion.ai is an AI-powered copywriting tool that uses GPT-3 technology to generate high-quality content. The tool offers many features, including blog post creation, product descriptions, and more. It also provides a feature called “Long-Form Assistant,” which can help users create in-depth content, such as articles and white papers.

4. Articoolo

Articoolo is an AI copywriting tool that uses NLP technology to generate articles and blog posts. The tool analyses a user’s topic and creates an article from scratch, making it an excellent option for businesses looking for original content. It also offers a feature called “Content Quality Score,” which can help businesses ensure their content is high-quality and engaging.

5. Writesphere

Writesphere is an AI-powered copywriting tool that uses GPT-3 technology to generate high-quality content. The tool offers many features, including blog post creation, product descriptions, and more. It also supports multiple languages, making it an excellent option for businesses in different regions.

Continue Reading

Advertising

Advertising and Digital Adoption in MENA and SEA

Published

on

By

Advertising and Digital Adoption in MENA and SEA

As traditional advertising revenues plummet globally and broadcasting budgets are slashed, The Middle East and North Africa (MENA) and South East Asia (SEA) regions have reported tremendous growth in digital adoption and a rise in digital advertising revenue as a result. 

This growth is driven by an increase in internet users, smartphone penetration, and the rise of social media platforms. AI Copywriter tools are now being widely adopted by brands, organisations, and companies in these regions to enhance their digital advertising campaigns.

 Let’s delve deeper into the trends and statistics of advertising revenue and digital adoption in MENA and SEA.

Digital Advertising in MENA

Digital Advertising in MENA

MENA has emerged as one of the fastest-growing digital advertising markets, driven by a young population and increasing smartphone penetration. According to a report by McKinsey, the United Arab Emirates (UAE) has the highest degree of digitisation, while Egypt represents the largest untapped opportunity. The report also highlights a growth in the adoption of digital channels and spending in the coming years, coinciding with the increased use of artificial intelligence (AI) across all sectors.

The Market Size

The digital advertising market in the MENA region is estimated to be worth over 1.2 billion U.S dollars in 2021. The market is expected to continue growing, with a projected growth rate of 20% by 2024. The region’s e-commerce market is also expected to grow and reach 69 billion U.S dollars by 2020. The GCC and Egypt account for 80% of the regional e-commerce market.

Media Channels in the MENA

The advertising market in the MENA region is witnessing a major shift toward digital advertising. Traditional channels such as newspapers are declining, while the internet is taking over with 44.2% of the total ad expenditure in 2020, according to Statista. Social channels account for more than half of the total digital ad spend, surpassing global benchmarks. The region is also moving towards a “mobile-first” strategy, with a majority of internet traffic generated through mobile devices such as smartphones and tablets.

Performance Marketing in the MENA

Performance-based campaigns are gaining traction in the MENA region, with 59% of advertising agencies significantly shifting into performance-based campaigns, according to a survey conducted by the Interactive Agency Bureau (IAB). Brands are demanding payment by results (ROI & Return on ad spend ROAS) as well as enhanced consumer insights and analytics.

Digital Advertising Agencies in the MENA

The MENA region has over 500 advertising agencies that have a large number of employees, with Egypt, Saudi Arabia, and the UAE fuelling the region with small and medium-sized agencies. The UAE is home to big advertising firms, while Egypt, Lebanon, and Jordan represent the majority of digital marketing talents and creative resources. However, the highly qualified talents in digital advertising and performance are always moving outside the region to join companies in the European market.

Programmatic Advertising in the MENA

The slow transition from traditional to digital media is one of the key reasons programmatic advertising is struggling to dominate the region. Collectively, the MENA trails other regions in innovation and adoption of ad tech and marketing technologies. The top ad networks in the MENA region include Facebook, Google Ads, IronSource, Applovin, Adcolony, AdFalcon, InTarget, AdZouk, and Ambush. The United Arab Emirates is leading the growth in programmatic advertising due to technology partners and pressure from clients and brands to automate the process and use AI.

Digital Advertising by Sector

According to Ipsos research, the top ten sectors in the region are dominated by beauty care, food, telecommunications, and entertainment. Telecommunications companies, followed by real estate and banking, are the top categories.

Digital Advertising in SEA

Digital Advertising in SEA

SEA is a rapidly growing digital advertising market, driven by a young and tech-savvy population. According to a report by eMarketer, digital ad spending in SEA is expected to reach 15.3 billion U.S dollars in 2021, with Indonesia, Thailand, and Vietnam leading the growth.

The Market Size

The digital advertising market in SEA is expected to grow at a rate of 13.7% in 2021, with a projected market size of 22.45 billion U.S dollars by 2025. The region’s e-commerce market is also booming, with a projected market size of 153 billion U.S dollars by 2025.

Media Channels in SEA

SEA is also witnessing a major shift toward digital advertising, with traditional channels such as newspapers and TV declining. Social channels are the most popular, accounting for 63% of total digital ad spend, according to a report by Hootsuite. Mobile advertising is also on the rise, with a majority of internet traffic generated through mobile devices such as smartphones and tablets.

Performance Marketing in SEA

Performance-based campaigns are becoming popular in SEA, with advertisers demanding more accountability and transparency. Brands are looking for more measurement and optimisation to ensure their campaigns are reaching the right audience and delivering the desired results.

Digital Advertising Agencies in SEA

SEA has a large number of digital advertising agencies, with many emerging startups and creative agencies. The region is home to a highly skilled workforce, with many professionals trained in digital marketing and advertising.

Programmatic Advertising in SEA

Programmatic advertising is becoming more popular in SEA, with many brands and agencies adopting the technology to automate their advertising campaigns. The region is also seeing an increase in the use of AI-powered tools and platforms to help advertisers optimise their campaigns.

Digital Advertising by Sector

The digital advertising market in SEA is dominated by the retail and e-commerce sector, followed by the travel and hospitality sector. The region is also seeing growth in the financial services, healthcare, and automotive sectors.

AI Copywriter Tools in Advertising

AI copywriter tools are becoming increasingly popular in the MENA and SEA regions, with many brands and agencies adopting the technology to enhance their digital advertising campaigns. These tools use natural language processing (NLP) and machine learning algorithms to generate high-quality, engaging content that resonates with the target audience.

AI copywriter tools can help brands and agencies save time and money by automating the content creation process. They can generate a large volume of content quickly and efficiently, allowing advertisers to test multiple variations of their ads and optimise their campaigns for better performance. AI copywriter tools can also help advertisers improve the quality of their content by ensuring that it is grammatically correct, engaging, and relevant to the target audience. They can analyse data from social media and other sources to identify trends and insights that can inform the content creation process.

Conclusion

The MENA and SEA regions are witnessing tremendous growth in digital advertising and digital adoption, driven by a young and tech-savvy population, increasing smartphone penetration, and the rise of social media platforms. AI copywriter tools are becoming increasingly popular in these regions, providing brands and agencies with a cost-effective and efficient way to enhance their digital advertising campaigns. The future of digital advertising in these regions looks bright, with continued growth and innovation in the years to come whilst broadcast and traditional advertising feels the pinch. The time has come for the more conservative amongst us to take the plunge and fully embrace digital and all it entails. 

Continue Reading

Creative Work

How Artificial Intelligence is Revolutionising Video Editing

Published

on

By

How Artificial Intelligence is Revolutionizing Video Editing

In a world where technology continues to push the boundaries of what’s creatively possible, one industry stands poised for a revolutionary transformation: video editing.

Enter the era of Artificial Intelligence (AI), where algorithms and machine learning are set to revolutionize the way we edit and create captivating videos. From automated tasks to intelligent scene analysis, AI brings a wave of innovation and many shiny new features to video editing. Luckily, most will be integrated into platforms we are already familiar with instead of looming on the horizon like some scary monsters.

Nevertheless, grab your popcorn, and let’s explore how AI is reshaping the future of the creative realm.

1. Automated Tasks:

Say goodbye to tedious and time-consuming tasks that bog down the editing process. AI-powered tools can now handle tasks like video stabilization, color correction, and audio enhancement automatically. With just a few clicks, AI algorithms analyze and optimize video footage, saving editors precious time and allowing them to focus on the creative aspects of their craft. It’s like having a dedicated assistant who handles the nitty-gritty details. Will this spell the end of specialist jobs like color grading? I doubt it. But it will surely speed up the process.

2. Intelligent Scene Analysis:

AI algorithms can analyze video footage to identify specific objects, people, or scenes, enabling editors to search and find the exact moments they need quickly. Imagine being able to search for specific locations, things, or even emotions within a vast library of footage. AI-powered scene analysis makes it possible, revolutionizing how editors navigate and find the perfect shots for their projects.

3. Advanced Transitions and Effects:

AI is pushing the boundaries of visual effects and transitions, taking them to a new level. With machine learning, AI algorithms can study and learn from vast databases of visual effects, enabling them to generate unique and innovative transitions automatically. From seamless scene changes to breathtaking visual effects, AI empowers editors with a toolbox of creative possibilities that were once unimaginable. We can’t wait.

4. Personalised Editing Assistance:

AI algorithms can learn an editor’s preferences and style by analyzing past work. Armed with this knowledge, AI tools can suggest edits, recommend suitable transitions, or even predict the pacing and timing of a video based on the editor’s previous projects. This personalized assistance not only saves time but also enhances the creative collaboration between AI and human editors, opening new avenues for exploration and experimentation.

5. Real-time Feedback and Analysis:

Gone are the days of waiting for rendering and exporting to see the result. AI-powered video editing tools can provide real-time feedback and analysis, allowing editors to make instant adjustments and see the impact immediately. This iterative process speeds up the editing workflow and enables editors to experiment and refine their vision.

6. Seamless Collaboration:

AI-powered editing tools streamline collaboration among teams. With cloud-based platforms and AI-driven workflows, multiple editors can work simultaneously on a project, making edits, leaving comments, and even merging their changes effortlessly. This level of collaboration and synchronization enhances productivity and encourages creative synergy among team members.

7. Hyper-personalised Content:

AI algorithms can analyze viewer preferences, engagement patterns, and demographic data to generate hyper-personalized video content. By tailoring videos to individual viewers, AI enables content creators to deliver highly targeted and engaging experiences. This level of personalization enhances viewer satisfaction and increases the impact of video content in various industries, including marketing, entertainment, and education.

As AI continues to evolve and push the boundaries of what’s possible, the world of video editing is transforming. With automated tasks, intelligent analysis, advanced effects, personalized assistance, real-time feedback, seamless collaboration, and hyper-personalized content, AI is revolutionizing how we edit and create videos. So, grab your camera, embrace the power of AI, and get ready to create captivating stories that push the limits of imagination and creativity.

Continue Reading

Trending