CentralNic Group PLC CentralNic establishes Data and AI Group
07 Julio 2021 - 1:00AM
RNS Non-Regulatory
TIDMCNIC
CentralNic Group PLC
07 July 2021
07 July 2021
CentralNic Group plc
("CentralNic" or the "Company", or the "Group")
CentralNic establishes dedicated Data and Artificial
Intelligence Group to leverage its vast data assets, headed by
leading expert in data science
CentralNic Group plc (AIM: CNIC), the global internet platform
that derives recurring revenue from the sales of domain names and
web services, today announces that it has established a Data and
Artificial Intelligence ("AI") Group to leverage its vast data
sets.
CentralNic stores, manages, and is exposed to huge datasets that
can be used for advanced analysis. Examples include; navigation
data on tens of millions of daily DNS queries, ad-tech data on tens
of millions of domain advertisements, site usage data on hundreds
of millions of unique visits and millions of monthly clicks, and
similarly extensive data on transactions and registrations.
These extremely large data sets lend themselves perfectly to AI
and machine learning applications that can be used to provide a
large array of initiatives which will benefit both the Company and
our customers. These include; improved customer service, optimised
business operations and decision making, enhanced marketing,
reduced customer churn and automated detection of non-compliant
customer activity.
CentralNic's online marketing companies have advanced data
capabilities as part of their core business which make extensive
use of machine learning. The new Data and AI Group will ensure
these capabilities are utilised across the whole Company, bringing
together 14 data analysts from different business units and
integrating all of the Company's data sets and data expertise.
The team will be headed by Chief Data Scientist, Dr. Pawel
Rzeszucinski, a prominent expert in data and Artificial
Intelligence.
Pawel will be responsible for leading the development and
implementation of CentralNic's data strategy. A member of the
European Commission's AI Alliance, Pawel is a leading expert in
ethical use of AI. He will ensure that the Group remains at the
forefront of online privacy, fully compliant with GDPR, and all
planned new Privacy policies from Governments and tech platform
partners like Google and Apple. CentralNic is also a leader in
protecting internet users through its sophisticated software,
dedicated anti-abuse teams, and partnerships with such entities as
the Global Cyber Alliance.
Pawel received his doctorate in engineering from the University
of Manchester, where he collaborated with the UK's Ministry of
Defence. He worked as Senior Scientist at ABB Corporate Research
Centre (a global technology company with revenues of $26bn) and
Senior Risk Modeler for HSBC, before joining CentralNic Poland as
Chief Data Scientist. Pawel has presented to major legislative
bodies, think tanks and international conferences such as The
European Parliament and European Internet Forum, and is a regular
contributor to The Forbes Technology Council of articles relating
to AI and data.
Ben Crawford, CentralNic Group CEO, commented: "This development
is a significant step forward towards us maximising the potential
of the considerable data, knowledge and expertise we have across
the Group. It is an important step for CentralNic in its strategy
to create an omnichannel digital platform, providing easy access to
all of the Group's services and solutions for end-to-end customer
journeys which include; purchasing and selling domains, hosting and
promoting fully equipped e-commerce websites, protecting brands
online and monetising internet traffic."
-Ends-
For further information:
CentralNic Group Plc
Ben Crawford, Chief Executive
Officer
Don Baladasan, Group Managing
Director
Michael Riedl, Chief Financial
Officer +44 (0) 203 388 0600
Zeus Capital Limited (NOMAD
and Joint Broker)
Nick Cowles / Jamie Peel (Corporate
Finance)
John Goold / Rupert Woolfenden +44 (0) 161 831 1512
(Institutional Sales) +44 (0) 203 829 5000
-----------------------------
Stifel (Joint Broker)
Fred Walsh / Alex Price / Richard
Short +44 (0) 20 7710 7600
-----------------------------
SEC Newgate (for Media) +44 (0) 203 757 6880
Bob Huxford / Tom Carnegie / centralnic@secnewgate.co.uk
Isabelle Smurfit
-----------------------------
About CentralNic Group plc
CentralNic (AIM: CNIC) is a London-based AIM-listed company that
drives the growth of the global digital economy by developing and
managing software platforms that allow businesses globally to buy
subscriptions to domain names for websites and email, monetise
domain names, and protect their brands online. Its core growth
strategy is identifying and acquiring cash-generative businesses in
its industry with annuity revenue streams and exposure to growth
markets and migrating them onto the CentralNic software and
operating platforms.
CentralNic operates globally with customers in almost every
country in the world. It earns recurring revenues from the
worldwide sales of internet domain names and other services on an
annual subscription basis.
For more information please visit: www.centralnicgroup.com
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