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CKGSB Professor Quantified Value of Personal Data in E-Commerce

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BEIJING, July 5, 2024 /PRNewswire/ — In a world where e-commerce platforms offer consumers an overwhelming array of products, data assets are the linchpins of digital platform operations as data-driven algorithm recommendations help users discover and purchase their desired items. But what would happen if these recommendations were turned off?

Sun Tianshu, CKGSB Dean’s Distinguished Chair Professor of Information Systems and Director of the Center for Digital Transformation, has explored this question by quantifying the value of personal data to e-commerce platforms through the world’s first large-scale randomized field experiment on 550,000 e-commerce users in collaboration with Zhejiang University and Alibaba, detailed in his recent paper published at Management Science, a top management journal, titled, “The Value of Personal Data in Internet Commerce: A High-Stake Field Experiment on Data Regulation Policy.”

The experiment uniquely assessed the significance of data assets to the digital platform economy by disabling the algorithmic recommendation system based on personal data on the platform’s homepage for the test group. The results were telling: when users were denied access to information flows recommended to them based on characteristics inferred from their personal data, ecommerce platforms saw asymmetry in the products recommended, hurting the diversity of products on platforms and leading to fewer transactions and lower engagement rate.

Products recommended on the homepage dropped from 4 million to around 280,000, and the top 1,000 products from leading brands took up 90% of recommended slots for a disproportionately high exposure. Customers’ click-through rate (CTR) and page views (PV) went down by 75.3% and 33.6% respectively and sellers’ gross merchandise value (GMV) and transaction volume plummeted by a whopping 81.1% and 86%. Small and medium-sized sellers on the platform saw a 54% decrease in pageviews and a 90% drop in GMV, suggesting they were more impacted than leading sellers, whose PV fell by 27% and GMV by 79%. Research also found consumers with low purchasing power are negatively impacted.

This paper provides a quantified basis for how to balance the use of data assets and personal privacy protection through large-scale experiments, but also helps businesses formulate more informed digital economic policies.

Professor Sun leads CKGSB’s Center for Digital Transformation, focusing on digital business, digital technology and implication for traditional businesses. This research underscores CKGSB’s commitment to pioneering knowledge that drive understanding and innovation in the digital economy.

View original content:https://www.prnewswire.com/apac/news-releases/ckgsb-professor-quantified-value-of-personal-data-in-e-commerce-302189465.html

SOURCE Cheung Kong Graduate School of Business (CKGSB)

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Sovos ShipCompliant and Winehub.io Announce Strategic Shopify Integration

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New Partnership Streamlines Compliance and Operations for the Wine Industry

BOULDER, Colo., May 21, 2025 /PRNewswire-PRWeb/ — Sovos ShipCompliant—the leader in automated beverage alcohol compliance solutions—and WineHub.io—an advanced Shopify integrated wine club, loyalty eCommerce and POS management platform—today announced a strategic integration designed to transform how wineries manage compliance and operations in an increasingly complex regulatory environment. WineHub.io users can now access real-time compliance verification for every wine order, powered by Sovos ShipCompliant’s industry-leading technology, ensuring all shipments meet complex state and federal regulations.

“As the regulatory landscape continues to become more complex, our mission is to provide technology that not only keeps wineries compliant but also enables them to grow with confidence,” said Anthony Orig, senior technical partner manager at Sovos.

This powerful collaboration brings fully integrated compliance capability to Shopify for wineries using the Winehub.io plugin. It allows them to seamlessly manage wine clubs, subscriptions, allocations, loyalty, tasting room and online sales on Shopify while automatically leveraging Sovos ShipCompliant’s compliance engine in the background, reducing manual work and risk of error—all from within a single, seamless interface.

“As the regulatory landscape continues to become more complex, our mission is to provide technology that not only keeps wineries compliant but also enables them to grow with confidence,” said Anthony Orig, senior technical partner manager at Sovos. “Partnering with WineHub.io expands our ecosystem with a best-in-class platform that meets the evolving needs of modern wine businesses.”

With continuous updates and expert support from Sovos ShipCompliant, the integration ensures that wineries stay ahead of evolving regulatory requirements—future-proofing their operations and positioning them for long-term success.

“Direct-to-consumer channels continue to be a critical market for wineries. They need tools that are both powerful and easy to use to stay compliant while simultaneously delivering an exceptional customer experience,” said Benjamin Gibson, CEO & Founder, WineHub.io. “As a Sovos ShipCompliant partner, WineHub.io is now even better positioned to deliver on customer experience and business expansion, rather than navigating the complexities of compliance management.”

This integration adds to Sovos ShipCompliant’s robust network of 60+ technology partnerships, reinforcing its position as the go-to compliance solution in the beverage alcohol industry.

About Sovos

Sovos is transforming tax compliance from a business requirement to a force for growth. Our flagship product, the Sovos Compliance Cloud platform, enables businesses to identify, determine, and report on every tax obligation across the globe. Sovos processes 16 billion+ transactions per year, helping companies scale their compliance strategy in almost 200 countries.

More than 100,000 customers – including half the Fortune 500 – trust Sovos’ tax and regulatory expertise and unparalleled integration with their business applications. Learn more at sovos.com.

Sovos ShipCompliant has been the leader in automated alcohol beverage compliance tools for 20 years, providing a full suite of cloud-based solutions to wineries, breweries, distilleries, importers, distributors and retailers to ensure they meet all federal and state regulations for direct-to-consumer and three-tier distribution. ShipCompliant’s solutions reduce risk, lessen the burden of compliance, accelerate bringing products to market and enable revenue growth. With 60+ partner integrations, Sovos ShipCompliant leads a robust ecosystem of technology partnerships, enabling powerful complementary solutions. For more information, visit https://sovos.com/shipcompliant and follow us on LinkedIn and Twitter.

About WineHub.io

Winehub.io is the global leader in wine and spirits commerce built for Shopify. With Winehub.io, wineries, distilleries and beverage merchants can leverage the power of Shopify’s immense ecosystem and ensure continuity of features and service when migrating from built for niche systems. Winehub.io has all critical features the industry is used to across wine clubs, general subscriptions, loyalty programs, referrals, allocation offers, customer portals and more. To discover wineries are converting their DTC platform to Winehub every week – visit www.winehub.io

Media Contact
Abby Cohen, Rosen Group on behalf of Sovos ShipCompliant, 1 9732240403, abby@rosengrouppr.com, https://sovos.com/shipcompliant/ 

View original content to download multimedia:https://www.prweb.com/releases/sovos-shipcompliant-and-winehubio-announce-strategic-shopify-integration-302459798.html

SOURCE Rosen Group on behalf of Sovos ShipCompliant

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GT Time by GT Clocks Now Available on Oracle Cloud Marketplace

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GT Clocks’ leading timeclocks now integrate with Oracle Time and Labor.

POOLE, England, May 21, 2025 /PRNewswire/ — GT Clocks, a leading provider of timeclocks and an Oracle partner, today announced that GT Time is available on Oracle Cloud Marketplace and integrates with Oracle Time and Labor, part of Oracle Fusion Cloud Human Capital Management (HCM). Oracle Cloud Marketplace is a centralized repository of enterprise applications offered by Oracle and Oracle partners. 

GT Time is a secure, cloud-based solution that integrates with Oracle Time and Labor, enabling near real-time data sync, remote device management, and compliance enforcement at scale. GT Time empowers organizations to accurately track employee time and attendance in real-time, helping reduce errors, save administrative effort, and provide reliable data for payroll and compliance.

The key benefits include:

Enhanced Payroll Integrity: Easily manage time and attendance punches and biometric data, reducing the likelihood of payroll fraud and enabling cost savings from reductions in administration time.Real-Time Punches: Gain immediate access to clock punches within timecards to allow informed decision-making via Oracle Time and Labor for workforce scheduling, labor costs, and regulatory compliance.  Simplified Workflows at the Clock: Tasks like automated timecard approvals, labor transfers, and vacation requests can be processed at the clock, helping streamline workflows and boost efficiency.Enhanced Attestation: Capture and securely manage employee attestations, including timecard approvals, meals, and rest breaks to help address compliance with labor laws.Streamlined Consent Management: Secure handling of biometric data to help address privacy laws, build user trust, and maintain a clear audit trail.

GT Clocks offers a range of timeclocks integrated with the GT Time application. These solutions offer:

Always-On Reliability: Designed to excel in high-throughput ‘always-on’ environments by offering uninterrupted performance.Centralized Clock Management: Simplified asset management with estate management functionality. Deploy all security updates, feature enhancements, and configuration changes at the click of a button.De-Risked Operations: Secure “Clock to Cloud” data transfer and encrypted PII/biometric data management assists with adherence to US, international, and GDPR standards, minimizing operational risk.Secure Biometric Options: Facial recognition and fingerprint scanning for accurate and secure time tracking, helping reduce buddy punching and maintain accurate payroll.Warranty and Support: Timeclocks are backed by a warranty and dedicated support team, providing fast and efficient technical help and long-term reliability.

Part of Oracle Fusion Cloud Applications Suite, Oracle Cloud HCM offers a complete solution connecting every human resource process from hire to retire across an organization with a native employee experience platform and embedded AI capabilities. By connecting all people, work, and skills data on a single platform, HR teams have access to a single source of truth to help inform their people strategy. In addition, embedded AI acts as an advisor to help analyze workforce data, generate content, and augment or automate processes to help improve business operations.

“GT Time’s availability on Oracle Cloud Marketplace addresses the growing demand for secure and reliable timeclocks that integrate with your existing Oracle Cloud HCM implementation,” said Ben Lagden, VP Commercial, GT Clocks. “GT Clocks’ participation in Oracle Cloud Marketplace further extends our commitment to the Oracle community and enables customers to easily reap the benefits of GT Time. We look forward to leveraging the power of Oracle Fusion Cloud Applications to help us achieve our business goals.”

About GT Clocks 
GT Clocks is globally recognized for its best-in-class timeclocks, which are widely used in a variety of industry verticals, including healthcare, retail, Government and education. The comprehensive suite of timeclocks are renowned for their innovation, ease of use and high-level security.

GT Time enables GT Clocks’ timeclocks to work seamlessly with Oracle Cloud HCM Time and Labor, empowering businesses with accurate time collection, reduced administrative costs, and diverse compliance requirements across multiple locations and jurisdictions.
Their solutions are trusted by leading global businesses and organizations to manage and maintain even the most sensitive data.  

Founded in 1989, GT Clocks has offices in the United States and the UK. For more information, please gtclocks.com and follow us on LinkedIn.

About Oracle’s Partner Program
Oracle’s partner program helps Oracle and its partners drive joint customer success and business momentum. The newly enhanced program provides partners with choice and flexibility, offering several program pathways and a robust range of foundational benefits spanning training and enablement, go-to-market collaboration, technical accelerators, and success support. To learn more, visit https://www.oracle.com/partner/.

Trademark
Oracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing.

Media Contact 
Emma Dobson  
emd@gtl.biz 
Marketing Manager 

View original content:https://www.prnewswire.co.uk/news-releases/gt-time-by-gt-clocks-now-available-on-oracle-cloud-marketplace-302461717.html

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World First AI Marketer, Head, Triggers Huge Demand & Deep Job Security Concerns

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Revolutionary AI fills early access spots in hours, simultaneously igniting intense conversations and anxiety among professionals about the future of marketing roles and human creativity.

SAN FRANCISCO, May 21, 2025 /PRNewswire/ — The marketing world has been instantly captivated and significantly stirred by the arrival of Head, the world’s first true AI Marketer. The platform saw over 50,000 professionals and businesses vie for early access within hours of its announcement, rapidly filling all initial slots. This unprecedented enthusiasm, however, is paralleled by the immediate and intense discussions Head has ignited. Its groundbreaking capabilities are not only seen as a force for democratizing sophisticated marketing but are also fueling keen anxiety among marketing professionals, particularly concerning job security and the profound question of whether uniquely human creativity—long considered the heart of impactful marketing—could be surpassed, or even rendered obsolete, by such advanced AI.

Head aims to fundamentally reshape the marketing landscape by offering an AI-piloted marketer that intelligently handles campaigns from strategy to execution. As a continuously evolving AI, it’s designed to align with a brand’s core DNA to deliver superior outcomes without requiring deep technical expertise from the user. Developed by a remarkably lean and innovative young team, this groundbreaking AI Marketer empowers users with capabilities such as automated market research and competitor analysis, AI-driven content creation for high-impact messaging, and dynamic media buying and budget optimization. This approach has already yielded significant results, with early clients attributing over $100 million in new revenue to Head’s capabilities.

“When we talk about Head, it’s not an exaggeration to say we’re seeing the emergence of a new AI species. It’s truly not just another tool; Head is the marketer—living, evolving, thinking. It’s engineered to be faster, smarter, and tireless, designed to deeply understand a brand’s DNA and execute comprehensive strategies that drive significant growth,” stated Kay Feng, Founder and CEO of Head. “As a founder in my 20s, my focus is squarely on building for the future. For us, that means democratizing this next-level marketing power with Head, making truly transformative results and superior outcomes accessible to everyone.”

The prospect of AI not just augmenting, but potentially achieving a superior level of creative ideation and execution, is now a central topic of these industry-wide conversations. While supporters believe this new form of AI intelligence will enable small businesses and individual entrepreneurs to compete effectively with large corporations, the dialogue about adapting skill sets and the future role of human ingenuity in an AI-driven marketing era continues to intensify. The company is planning for broader availability, with the marketing community keenly watching for future announcements.

About Head:

Head is an innovative company dedicated to transforming the marketing landscape with the world’s first true AI Marketer—a new species of artificial intelligence. By developing AI that learns, evolves, and executes marketing strategies with unprecedented sophistication, Head aims to make effective marketing accessible to businesses of all sizes, empowering them to achieve their goals with new levels of ease and intelligence.

Photo – https://mma.prnewswire.com/media/2692970/Frame_2.jpg

View original content:https://www.prnewswire.co.uk/news-releases/world-first-ai-marketer-head-triggers-huge-demand–deep-job-security-concerns-302461727.html

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