4GLOBAL PLC Artificial Intelligence and Machine Learning Trial
13 Septembre 2023 - 8:00AM
RNS Non-Regulatory
TIDM4GBL
4GLOBAL PLC
13 September 2023
13 September 2023
4GLOBAL PLC
("4GLOBAL" or the "Company")
Artificial Intelligence and Machine Learning Trial
4GLOBAL, a UK-based data, services and software company focused
on major sporting events and the promotion and measurement of
physical activity, is pleased to announce it is launching an
Artificial Intelligence ("AI") and Machine Learning Trial with
Places Leisure. Artificial Intelligence and Machine Learning is
transforming the leisure industry, completing tasks in a time
efficient and accurate manner.
Places Leisure, as part of Places for People, is one of the UK's
leading social enterprises, welcoming over 30 million members to
around 100 health and wellbeing facilities across the UK annually.
Its attractive spaces encourage communities to play sport,
socialise and engage in physical activity.
4GLOBAL's aim is to understand how the role AI and Machine
Learning techniques can influence the sport / physical activity
sector by deriving actionable insights in the following areas:
membership cancellation risk identification, understanding the
drivers of retention and targeted intervention opportunities.
4GLOBAL's insight solutions, powered by AI and Machine Learning
models built on billions of data points from active individuals
captured in the DataHub, will harness robust historical data
analysis and reliable predictive analytics. These solutions aim to
generate actionable insights for health and fitness operators,
enabling them to address critical business questions with precision
and gain a competitive advantage.
The insights derived from this trial will enable 4GLOBAL to
integrate and enhance predictive data models across various DataHub
products, expediting the adoption of AI and machine learning within
the sports and physical activity sector.
Eloy Mazon, 4GLOBAL's CEO, commented:
"At 4GLOBAL, we are committed to drive innovation and unlock the
power of data with the cutting-edge technology to assist our
clients and partners in transforming their businesses digitally and
achieving sustainable growth. By leveraging the capabilities of AI
and machine learning, health and fitness operators can craft a
highly personalised, immersive, and efficient member experience,
resulting in heightened customer acquisition and enhanced retention
rates.
"Our ongoing trial in collaboration with our longstanding
DataHub member, Places Leisure, provides an invaluable opportunity
to explore various scenarios aimed at addressing pivotal business
objectives and enhancing the value proposition for their members,
ultimately extending membership length and increasing overall
customer lifetime value."
For further information please contact:
4GLOBAL c/o IFC Advisory
Eloy Mazon (CEO)
Spark Advisory Partners - Nominated Adviser
Neil Baldwin 0203 368 3554
Canaccord Genuity Limited - Broker
Bobbie Hilliam 020 7523 8000
IFC Advisory
Graham Herring / Zach Cohen 0203 934 6630
About Reach announcements
Reach is an investor communication service aimed at assisting
listed and unlisted (including AIM quoted) companies to distribute
media only / non-regulatory news releases such as marketing
messages, corporate and product information into the public domain.
An RNS Regulatory announcement is required to be notified under the
AIM Rules for Companies.
This information is provided by Reach, the non-regulatory press
release distribution service of RNS, part of the London Stock
Exchange. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
NRAUUONRORUKAAR
(END) Dow Jones Newswires
September 13, 2023 02:00 ET (06:00 GMT)
4global (LSE:4GBL)
Graphique Historique de l'Action
De Sept 2024 à Oct 2024
4global (LSE:4GBL)
Graphique Historique de l'Action
De Oct 2023 à Oct 2024