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BEN Announces Successful Completion of Data Integration with Cox Automotive’s Dealer.Com Approving BEN’s Digital AI Assistant Now Available to Dealerships through App, Web Browser, and Life-Size Kiosks

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Brand Engagement Network (BEN) (Nasdaq: BNAI) has successfully completed its data integration with Cox Automotive, specifically for Dealer.com. This integration allows Cox Automotive to utilize BEN's human-like AI Assistants as multimodal conversational resources. These AI Assistants are now available on Dealer.com websites as an app, web browser, and through life-size kiosks in automotive settings.

Dealer.com, representing over 50% of the franchise dealer market, provides an integrated platform for websites, advertising, digital retailing, and managed services. BEN's integration enables consumers to engage in two-way conversations with AI web assistants, offering a more personalized customer engagement experience.

Jerry DeFalco, a leading figure in automotive advertising, describes this integration as a 'game changer' for converting more sessions into leads. BEN's CEO, Paul Chang, emphasizes that the AI Assistants aim to enhance user experience, support customers and dealership employees, and reduce repetitive manual processes.

Brand Engagement Network (BEN) (Nasdaq: BNAI) ha completato con successo la sua integrazione dei dati con Cox Automotive, in particolare per Dealer.com. Questa integrazione consente a Cox Automotive di utilizzare gli Assistenti AI simili agli esseri umani di BEN come risorse conversazionali multimodali. Questi Assistenti AI sono ora disponibili sui siti web di Dealer.com come app, tramite browser web e attraverso chioschi interattivi in contesti automobilistici.

Dealer.com, che rappresenta oltre il 50% del mercato dei concessionari in franchising, fornisce una piattaforma integrata per siti web, pubblicità, vendita al dettaglio digitale e servizi gestiti. L’integrazione di BEN consente ai consumatori di interagire in conversazioni bidirezionali con assistenti web AI, offrendo un’esperienza di coinvolgimento clienti più personalizzata.

Jerry DeFalco, una figura di spicco nella pubblicità automobilistica, descrive questa integrazione come un 'cambiamento epocale' per convertire più sessioni in lead. Il CEO di BEN, Paul Chang, sottolinea che gli Assistenti AI mirano a migliorare l'esperienza utente, supportare i clienti e i dipendenti della concessionaria, e ridurre i processi manuali ripetitivi.

Brand Engagement Network (BEN) (Nasdaq: BNAI) ha completado con éxito su integración de datos con Cox Automotive, específicamente para Dealer.com. Esta integración permite a Cox Automotive utilizar los Asistentes AI similares a humanos de BEN como recursos de conversación multimodal. Estos Asistentes AI ya están disponibles en los sitios web de Dealer.com como una aplicación, a través de navegadores web y mediante quioscos de tamaño real en entornos automovilísticos.

Dealer.com, que representa más del 50% del mercado de concesionarios de franquicia, proporciona una plataforma integrada para sitios web, publicidad, comercio digital y servicios gestionados. La integración de BEN permite a los consumidores participar en conversaciones bidireccionales con asistentes web AI, ofreciendo una experiencia de compromiso con el cliente más personalizada.

Jerry DeFalco, una figura destacada en la publicidad automotriz, describe esta integración como un 'cambio de juego' para convertir más sesiones en clientes potenciales. El CEO de BEN, Paul Chang, enfatiza que los Asistentes AI tienen como objetivo mejorar la experiencia del usuario, apoyar a los clientes y a los empleados de la concesionaria, y reducir los procesos manuales repetitivos.

브랜드 참여 네트워크(BEN) (Nasdaq: BNAI)는 Cox Automotive와의 데이터 통합을 성공적으로 완료했습니다, 특히 Dealer.com을 위해. 이번 통합을 통해 Cox Automotive는 BEN의 인간과 유사한 AI 어시스턴트를 다중 모드 대화 자원으로 활용할 수 있습니다. 이 AI 어시스턴트는 이제 Dealer.com 웹사이트에서 앱, 웹 브라우저 및 자동차 환경에 있는 실물 크기의 키오스크를 통해 이용할 수 있습니다.

Dealer.com은 프랜차이즈 딜러 시장의 50% 이상을 차지하며 웹사이트, 광고, 디지털 소매 및 관리 서비스를 위한 통합 플랫폼을 제공합니다. BEN의 통합은 소비자가 AI 웹 어시스턴트와의 양방향 대화에 참여할 수 있도록 하여 개인 맞춤형 고객 참여 경험을 제공합니다.

자동차 광고의 주요 인물인 제리 드팔코는 이번 통합을 '게임 체인저'로 묘사하며 더 많은 세션을 리드로 변환할 수 있다고 말했습니다. BEN의 CEO인 폴 장은 AI 어시스턴트의 목표가 사용자 경험을 향상하고 고객 및 대리점 직원들을 지원하며 반복적인 수작업 프로세스를 줄이는 것이라고 강조했습니다.

Le Brand Engagement Network (BEN) (Nasdaq: BNAI) a réussi à compléter son intégration de données avec Cox Automotive, spécifiquement pour Dealer.com. Cette intégration permet à Cox Automotive d'utiliser les assistants AI humanoïdes de BEN comme ressources de conversation multimodales. Ces assistants AI sont désormais disponibles sur les sites web de Dealer.com en tant qu'application, via un navigateur web et à travers des kiosques de taille réelle dans des contextes automobiles.

Dealer.com, représentant plus de 50 % du marché des concessionnaires franchisés, fournit une plateforme intégrée pour les sites web, la publicité, le commerce numérique, et des services gérés. L’intégration de BEN permet aux consommateurs de s'engager dans des conversations bidirectionnelles avec des assistants web AI, offrant une expérience d'engagement client plus personnalisée.

Jerry DeFalco, une figure de proue dans la publicité automobile, décrit cette intégration comme un 'coup de maître' pour convertir plus de sessions en prospects. Le PDG de BEN, Paul Chang, souligne que les assistants AI visent à améliorer l'expérience utilisateur, soutenir les clients et les employés de concessionnaires, et réduire les processus manuels répétitifs.

Das Brand Engagement Network (BEN) (Nasdaq: BNAI) hat erfolgreich die Datenintegration mit Cox Automotive abgeschlossen, insbesondere für Dealer.com. Diese Integration ermöglicht es Cox Automotive, die menschlich ähnlichen KI-Assistenten von BEN als multimodale Gesprächsressourcen zu nutzen. Diese KI-Assistenten sind nun auf den Dealer.com-Websites als App, im Webbrowser und über lebensgroße Kioske in der Automobilbranche verfügbar.

Dealer.com, das über 50 % des Franchisen Händlermarktes repräsentiert, bietet eine integrierte Plattform für Websites, Werbung, digitalen Einzelhandel und verwaltete Dienstleistungen. Die Integration von BEN ermöglicht es Verbrauchern, an zweiseitigen Gesprächen mit KI-Webassistenten teilzunehmen und bietet ein personalisierteres Kundenengagement.

Jerry DeFalco, eine führende Persönlichkeit in der Automobilwerbung, beschreibt diese Integration als 'Spielveränderer' für die Umwandlung von mehr Sitzungen in Leads. Der CEO von BEN, Paul Chang, betont, dass die KI-Assistenten darauf abzielen, die Benutzererfahrung zu verbessern, Kunden und Mitarbeiter der Händler zu unterstützen und repetitive manuelle Prozesse zu reduzieren.

Positive
  • Successful data integration with Cox Automotive, the world's largest automotive services and technology provider
  • BEN's AI Assistants now available on Dealer.com websites, representing over 50% of the franchise dealer market
  • AI Assistants accessible via app, web browser, and life-size kiosks, providing seamless customer experience
  • Potential for increased lead conversion through interactive, intelligent two-way conversations with AI web assistants
  • Integration expected to enhance user experience and reduce repetitive manual processes for dealerships
Negative
  • None.

Insights

This integration marks a significant milestone for BEN, potentially expanding its reach in the automotive industry. The collaboration with Cox Automotive, particularly through Dealer.com, opens up access to over 50% of the franchise dealer market. This extensive market penetration could translate into substantial revenue opportunities for BEN.

The key differentiator here is BEN's AI assistant's ability to engage in natural language conversations, offering a more personalized and interactive experience compared to traditional chatbots. This could lead to improved lead conversion rates, a critical metric in the automotive sales funnel.

However, the real test will be in the adoption rate among dealerships and the actual impact on lead conversion and sales. While the potential is promising, investors should watch for concrete metrics in future reports to gauge the success of this integration.

This development positions BEN at the forefront of AI application in automotive retail, a sector ripe for technological disruption. The integration with Dealer.com's platform, which serves a majority of franchise dealers, provides BEN with a significant competitive advantage and potential for rapid scaling.

The multi-channel availability of BEN's AI assistants - through apps, web browsers and life-size kiosks - aligns well with the omnichannel trends in retail. This versatility could be a key selling point for dealerships looking to provide a seamless customer experience across digital and physical touchpoints.

Investors should monitor how this integration affects BEN's client acquisition rate, revenue growth and market share in the automotive AI space. The endorsement from industry veteran Jerry DeFalco adds credibility, but tangible results will be important for long-term success.

JACKSON, Wyo., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Brand Engagement Network (BEN) (Nasdaq: BNAI), an emerging provider of safe, intelligent, scalable, personalized customer engagement AI, has announced the completion of its data integration with Cox Automotive, the world's largest automotive services and technology provider. This collaborative integration aims to address industry challenges in the automotive space.

BEN’s data integration allows Cox Automotive to harness the power of BEN’s human-like AI Assistants as multimodal conversational resources tailored for unique purposes. These assistants are designed to help customers and enhance professionals to improve customer interactions and experiences. The AI Assistants are accessible on Dealer.com websites as an app and web browser, plus they can also be deployed through life-size kiosks in automotive settings to provide a seamless experience from the web to the dealership.  

The collaboration solution was approved for Dealer.com, a Cox Automotive company.  Dealer.com is the premier digital marketing solution for the automotive industry, representing over 50% of the franchise dealer market, providing an integrated platform for websites, advertising, digital retailing, and managed services. Dealer.com allows OEMs, dealer groups, retailers, and agencies to leverage advanced digital technology, data, and insights to deliver the shortest, fastest, and most personalized path to customer engagement. With BEN’s clean, comprehensive, and accurate data integration, consumers can now engage in two-way conversations with the latest AI web assistants, providing a more personalized path to customer engagement.

Jerry DeFalco Advertising (JDA) is one of the largest agencies and is an established name in the automotive industry. Today, Jerry is one of the leading minds in advertising and has clients nationwide. “This is a game changer, and it’s only the first step in the plan created by the team at BEN AI,” says Jerry DeFalco, Owner and Founder of Jerry DeFalco Advertising. “The question we have all been asking is: how can we convert more sessions into leads? The answer is to engage the consumer in a fun, interactive, intelligent, two-way conversation with BEN’s advanced AI web assistants.”

“BEN’s AI web assistants are expected to enhance user experience over traditional chatbots due to the comprehensive knowledge base and the ability to communicate in natural language,” says Paul Chang, CEO of BEN.  “The goal is to support both customers and dealership employees. By tightly integrating with dealer systems, BEN empowers AI Assistants to reduce repetitive manual processes, augmenting critical functions, and complete tasks.”  

For more information about BEN’s safe, intelligent, scalable AI, please visit www.beninc.ai

About BEN AI 
Brand Engagement Network (BEN), NASDAQ: BNAI, is an emerging provider of safe, intelligent secure generative AI for businesses and consumers. BEN’s full-stack platform, encompassing front-end, middleware, and back-end, is scalable, customizable, and can be fully optimized for superior CX, productivity, and performance. The backbone of BEN's success is its rich portfolio of conversational AI applications, featuring 16+ perception, understanding, and response modules that facilitate human-like engagements with consumers. BEN seeks to deploy scalable and sustainable AI solutions to businesses and partner with those with complimentary capabilities and networks in industries experiencing significant workforce gaps. In line with the vision of an AI-enhanced world, BEN strives to bring AI assistants to everyone who can benefit from them. 

Forward-Looking Statements 
This communication contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are not historical facts and involve risks and uncertainties that could cause actual results of BEN to differ materially from those expected and projected. These forward-looking statements can be identified by the use of forward-looking terminology, including the words “anticipates,” “believes,” “continue,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predicts,” “projects,” “should,” “will,” or “would,” or, in each case, their negative or other variations or comparable terminology. 

These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside BEN’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to, the risk factors that are described under the section titled “Risk Factors” in BEN’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q subsequently filed with the Securities and Exchange Commission. 

BEN cautions that the foregoing list of factors is not exclusive. BEN cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. BEN does not undertake nor does it accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based, and it does not intend to do so unless required by applicable law. Further information about factors that could materially affect BEN, including its results of operations and financial condition, is set forth under “Risk Factors” in BEN’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q subsequently filed with the Securities and Exchange Commission. 

Media Contact:
Amy Rouyer
BEN - Safe, Intelligent, Scalable AI
amy@beninc.ai

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/94a74f8b-c272-40de-b564-3b8d2e6feed6


FAQ

What is the significance of BEN's data integration with Cox Automotive for BNAI stock?

The integration allows BEN (BNAI) to deploy its AI Assistants on Dealer.com platforms, potentially increasing its market reach and revenue opportunities in the automotive industry.

How will BEN's AI Assistants be accessible to Dealer.com users after the integration?

BEN's AI Assistants will be available on Dealer.com websites as an app, web browser, and through life-size kiosks in automotive settings, providing multiple access points for users.

What percentage of the franchise dealer market does Dealer.com represent?

Dealer.com represents over 50% of the franchise dealer market, providing BEN's AI technology with significant exposure in the automotive industry.

How does Jerry DeFalco, a leading automotive advertiser, view BEN's integration with Dealer.com?

Jerry DeFalco describes the integration as a 'game changer' and believes it will help convert more sessions into leads through interactive, intelligent conversations with AI web assistants.

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