🤝 LVMH and Alibaba are deepening their partnership to enhance AI in China's unique digital ecosystem. 🌟 We are excited to have been included in the Vogue Business piece diving into the recent news. Check out the full article for more info and expert bites: https://lnkd.in/ehkexUN4 🌐 LVMH is starting to integrate Alibaba Cloud’s powerful AI tools, including Qwen, the tech giant’s proprietary large language model, and Model Studio, the comprehensive AI model-building platform, into its business operations. This means LVMH can potentially drive innovation in DATA ANALYSIS & utilization, creating a huge impact in ads, physical display, content creation, CLIENTELING, customer service, eCommerce / offline / OMNICHANNEL interactive shopping experiences, and even in INTERNAL departments like manufacturing and supply chain. 🔥 Overall, the continued collaboration with Alibaba for digital transformation in China demonstrates that LVMH has a strong and clear vision for the future to strengthen customer interactions and relationships.
Helping Fortune 500 & Ambitious companies with Digital Transformation in China and APAC | IT Consultis | Hiring Salesforce Consultant & Architect, Digital Transformation Consultant and many more positions
📈 Around 20% of LVMH’s sales come from China (Wall Street Journal, 2024). How will LVMH leverage Alibaba’s AI capabilities to unlock more potential? 🤝 LVMH and Alibaba are deepening their partnership to enhance AI in China's unique digital ecosystem. This collaboration aims to boost LVMH's omnichannel, data, and digital prowess to craft more personalized, enriching digital journeys for discerning Chinese consumers. 🌟 Thank you Gemma A. Williams for including me in her piece on Vogue Business diving into the recent news. Check out the full article for more info and expert bites from Thomas Nixon, Luca Solca, and Amber Wu into the elevated LVMH x Alibaba partnership: https://lnkd.in/eYSTk7pX 🌐 LVMH is starting to integrate Alibaba Cloud’s powerful AI tools, including Qwen, the tech giant’s proprietary large language model, and Model Studio, the comprehensive AI model-building platform, into its business operations. This means LVMH can potentially drive innovation in DATA ANALYSIS & utilization, creating huge impact in ads, physical display, content creation, CLIENTELING, customer service, eCommerce / offline / OMNICHANNEL interactive shopping experiences, and even in INTERNAL departments like manufacturing and supply chain. How would they be applied? 🔹 Franck le Moal, LVMH’s CIO, has revealed in the past that AI capabilities are supporting the Group’s wine and spirits sector’s manufacturing side using image analysis. 🔹 Creative directors, designers, and visual merchandisers are also utilizing AI and GenAI as complementary tools for their creative ventures. 💡 Moreover, by analyzing data from the supply chain and various global markets, LVMH can potentially to make better SALES FORECASTS, and fine-tune the level of production and inventory allocation... for maximum ROI. This optimization can be applied to multiple divisions, including fashion, wine and spirits, and perfume. 🔥 LVMH has always stood out for its substantial INVESTMENT in advertising & marketing and R&D. According to Statista, by 2022, LVMH reportedly spent nearly €10 billion annually on its portfolio of over 70 brands, with this amount growing each year. Overall, the continued collaboration with Alibaba for digital transformation in China demonstrates that LVMH has a strong and clear vision for the future, supported by a solid long-term growth strategy both globally and locally, to strengthen customer interactions and relationships. I look forward to how their AI applications would develop :) #LVMH #Alibaba #AI #DigitalTransformation #China
