Technology

Macorva Launches Generative AI-powered Performance Management Tool, Macorva MX

Published

1 year ago

August 15, 2023

HOUSTON, Aug. 15, 2023 /PRNewswire/ — Performance management is a critical business function, but it is often time-consuming and tedious for managers. Macorva, a leader in employee and customer experience solutions, is tackling this challenge head-on with the launch of Macorva MX, an AI-powered performance management tool designed to streamline the process and provide valuable, actionable resources for managers and employees.

“Macorva MX is our answer to the pain points of traditional performance management. Our goal is to transform it into a strategic function that drives business results,” said Nathan Childress, PhD, Founder and CEO of Macorva. “By harnessing the power of generative AI through our proprietary Radiant AI® technology, and utilizing existing data from across the employee lifecycle, Macorva MX automates performance management, providing personalized resources that empower each employee to reach their full potential.”

Built on a modern platform designed for AI from the outset, Macorva MX seamlessly fits into Macorva’s suite of generative AI reports. These include personalized engagement reports for every manager, AI-generated social reviews, AI response plans to individual customer surveys, and instant AI summaries of detailed customer experience dashboards.

Macorva MX works by aggregating employee data from surveys, peer-to-peer feedback, and customer reviews into a centralized hub. It then uses AI to analyze this data and generate performance reviews, development plans, OKRs, and SMART goals tailored to each employee. This automated approach saves managers over 100 hours per year and cuts time spent on administrative tasks by up to 50%, allowing them to focus on strategic actions and higher-priority work.

Macorva’s AI-generated resources also incorporate manager insights, providing a comprehensive view of each employee’s performance and potential. This robust yet streamlined process equips managers to better support employee growth and ensures staff have the feedback and resources they need to develop new skills.

“Macorva MX represents the future of performance management,” Dr. Childress said. “By integrating generative AI, comprehensive feedback data, and manager expertise, we’ve created a solution that delivers a simple yet powerful performance management experience. Managers and employees get the resources they need to drive individual and business success.”

As a pioneer of AI-powered employee and customer experience platforms, including Macorva EX for employee experience and Macorva CX for customer experience, Macorva is committed to developing innovative yet intuitive solutions that build engaged workforces and drive ongoing business success.

For more information about Radiant AI® Performance Management and Macorva MX, visit www.macorva.com.

Macorva MX

Macorva MX is a robust manager experience platform that simplifies performance management. With AI-generated performance reviews, employee development plans, OKRs, and SMART goals, it provides unbiased evaluations and aligns individual goals with company objectives. AI-generated PIPs provide clear steps for improvement, saving managers 100+ hours per year, standardizing output, and citing more data. With features like manager notes, employee notes, and 1:1 meeting notes, Macorva MX is the ultimate tool for efficient and consistent performance management.

About Macorva

Macorva is revolutionizing the way businesses understand and improve their employee and customer experiences. Our comprehensive experience platform offers user-friendly solutions for performance management, employee feedback, and customer feedback. Macorva’s proprietary Radiant AI® technology simplifies the process of turning feedback into actionable insights and automates the creation of performance management reports, saving managers time and providing a holistic view of employee and customer experiences. This innovative platform effortlessly analyzes feedback, creating personalized coaching for every manager and employee. For more information visit macorva.com.

Contact:
Amanda Marotto
pr@macorva.com

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SOURCE Macorva

Technology

Oberon Securities Advises Keens Steakhouse in Sale Transaction

Published

2 hours ago

November 23, 2024

Oberon Securities acted as exclusive advisor to Keens Steakhouse in the sale transaction.

NEW YORK, Nov. 23, 2024 /PRNewswire-PRWeb/ — Oberon Securities, a New York-based middle market investment banking firm, acted as exclusive advisor to Keens Steakhouse in the sale transaction announced yesterday.

With more than 70 senior bankers serving businesses across the country and around the world, Oberon is one of the fastest growing New York City based middle-market investment banking firms. Its clients benefit from the market credibility associated with the firm’s longstanding relationships with many of the nation’s largest and most prestigious institutional investors. Oberon’s approach has generated numerous long-term, multi-transaction client engagements and attracted investment bankers who have spent their careers working with middle-market companies.

Media Contact

Steven Alschuler, Oberon Securities, 1 917-647-2151, steve@alschulerpr.com, https://oberonsecurities.com/

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SOURCE Oberon Securities; Oberon Securities

Technology

Specified Technologies Inc. Unveils Firestop Clash Management and Locator Updates

Published

5 hours ago

November 23, 2024

SOMERVILLE, N.J., Nov. 23, 2024 /PRNewswire/ — Specified Technologies Inc. has announced their latest Firestop Clash Management (FCM) and Firestop Locator (FSL) releases. FCM automates the process of locating and assigning firestop solutions to conditions within Autodesk® Revit®, enabling firestop novices to find firestop solutions like a firestop expert. In this latest release, STI has further expanded the capabilities of FCM by integrating it with their firestop documentation and compliance tool, Firestop Locator (FSL). FSL enables contractors and facilities’ teams to document the status, location, and products used for any and all fire life safety services across a building.

In the latest update for FSL, teams can now create custom items to track any service on their project beyond the base six (Penetration, Joint, Extinguisher, Door, Damper, and Barrier). Teams can also modify the base six items to include project specific inspection and maintenance requirements and any other details that they would like to be tracked.

With this new integration, decisions made during the design phase of a building using FCM are seamlessly passed into FSL during the construction phase, giving implementation teams a jump start on work to be done. This integration also improves data integrity and eliminates the guesswork in the field of determining what firestop systems and products are to be used where.

“We’re proud of the latest releases of FCM and FSL and look forward to continuing to support the fire life safety community,” says Justin Pine, Sr. Manager of Software & Services.

Specified Technologies Inc. promotes life and building safety by developing innovative fire protection systems and accompanying digital tools that help stop the spread of fire, smoke, and hot gases. Our SpecSeal® and EZ Path® product lines are engineered for easy installation and deliver powerful performance, often resulting in lower installed costs. Since firestopping is our only business, we concentrate all our resources on providing the highest quality, fully tested, innovative firestopping solutions.

Contact: Jess Bern; jbern@stifirestop.com

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SOURCE Specified Technologies, Inc.

Technology

ZICC: Internet Experts Pay Attention to the Development of Artificial Intelligence

Published

6 hours ago

November 23, 2024

BEIJING, Nov. 23, 2024 /CNW/ — During the Wuzhen Summit of the World Internet Conference, ZICC interviewed Internet experts from all over the world.

Lampros Sterg, UNESCO Chair in AI & Data Science, said that AI can accelerate social progress, but it needs to be used properly to avoid its negative effects in order to benefit citizens and society. Latif Ladid, the president of the IPv6 Forum, called for the establishment of a global governance system to allow artificial intelligence technology to serve humanity for good. South Korean computer scientist Kilnam Chon shared insights on AI’s positive role in healthcare. He urged global efforts to ensure AI safety and prevent its misuse in weapons. Indian entrepreneur Bibin Babu said he believes that AI will not replace humans, but will create more new jobs.

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SOURCE ZICC