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Level the playing field with GenAI: Top SMB use cases

CIO

Over and over again, emerging technology has an uncanny way of changing the face of business. But what makes this tool notable is its capacity to level the playing field for small and medium businesses (SMBs) . Many are concentrating their use of GenAI on content creation to score early wins.

SMB 278
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Does your SMB have the foundation in place for GenAI?

CIO

The extraordinary potential of generative AI (GenAI) has seen businesses scrambling to adopt the technology and realize untapped opportunities. A robust foundation, one founded on a digital workforce and an AI-optimized infrastructure, is necessary to reap the technology’s outsized rewards.

SMB 305
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Katana, an ERP for SMB manufacturers, raises $34M

TechCrunch

ERP is a form of business management software that can serve any number of functions inside a company, from marketing and risk management, to supply chain management and beyond. “As manufacturing moves closer to the ever-increasingly conscious consumer, brands that rely on local production and inventory are gaining market share.

SMB 247
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At risk of being left behind on AI, SMBs focus on the art of the possible

CIO

It also automates some marketing functions, purchasing, and KPI management. There’s so many developers trying to find niches in the market,” he adds. “We Marolda sees an AI market developing where vendors create tools for specific small-business needs, such as accounting. The cost, Stuart says, was less than $1 million.

SMB 319
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Nexi, the Italian payments giant, buys Germany’s Orderbird for $140-150M to expand its SMB strategy

TechCrunch

Orderbird will continue to operate as its own brand, becoming a central part of Nexi’s push into the SMB segment. One of the reasons our customers are successful is because they are always digitally up to date with us and can use the same technologies as their larger competitors,” said Schoen in a statement.

SMB 251
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WizeHire lands fresh cash to expand its SMB-focused hiring platform

TechCrunch

WizeHire , a hiring service for small- and medium-sized (SMB) businesses, has raised $30 million in a Series B funding round led by Tiger Global with participation from Amplo and Mercury. With the shortfall not expected to end anytime soon , some organizations have turned to technology in search of a solution.

SMB 184
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Novo, the SMB neobank, nabs $90M at a $700M valuation

TechCrunch

There are a number of fintechs, some that describe themselves as challenger banks, in the market today catering to SMBs. (We’ve They are the only ones we are concerned with because they own 99% of the market,” said Michel Rangel, CEO of Novo, in an interview earlier this month.

SMB 247