Vancouver, British Columbia | June 5, 2018 – In 2018, artificial intelligence and big data technologies were rapidly gaining popularity in global industries. This trend is in direct line with the growing consensus among industry world leaders that artificial intelligence and big data technologies are the way of the future. In a recent survey by NewVantage Partners , a whopping 97.2% of industry-leading executives disclosed that their companies are investing in developing or launching big data and artificial intelligence initiatives.
Possibilities and now
The benefits are as diverse as the possibilities presented by these new technology forms. We are already seeing these possibilities with the advent of advanced speech recognition software, natural language generation, machine learning, and cyber defense, to name a few. However, these technologies have not yet been applied to the booming construction and renovation industry.
Big names in the home improvement industry, such as IKEA and more recently Wayfair, have released apps that allow users to shop their product catalogs and plan their living spaces. However, these applications do not address the actual design process. Such platforms require a certain level of technical sophistication, which can only be achieved by leveraging vast amounts of historical kitchen design data, known as “big data,” combined with artificial intelligence software.
The future of home improvement
That’s exactly what Cowry’s new AI Kitchen Designer app achieves. A first in an industry that has yet to benefit from advanced artificial intelligence and big data initiatives, the AI Kitchen Designer app will show the public an innovative way to complete home renovations. With its patented intuitive design technology, Cowry’s app will allow users to shop, design and purchase kitchens in a streamlined and simplified way.
As a DIY enthusiast and business-savvy contractor’s dream, the AI Kitchen Designer app eliminates the need to pay for time-consuming design services or overpay to local dealers for kitchen products that have been marked up by 40%. Purchasing a kitchen through the Cowry app allows users to purchase premium solid wood cabinets (based on standard 10’x10′ dimensions) for only $999. This is lower than the cost of a standard modular sofa.
Industry forecasts and growth forecasts
Truly an industry disruption. Cowry’s forward thinking in developing the AI Kitchen Designer app has opened the door for businesses and homeowners who will be able to take advantage of the affordability and efficiency of this new design to purchase the platform. But Corey’s vision doesn’t stop there. The company intends to develop the app into a professional kitchen shopping platform where users can buy products from hundreds of kitchen suppliers. In turn, suppliers will benefit from this arrangement by saving on marketing expenses and operating costs. In this way, Cowry will offer the most affordable and diverse selection of kitchen products on the market in one place.
Through this business model and the company’s strategy of partnering with local service providers in North America, Cowry is building an entirely new ecosystem that spans the end-to-end process of kitchen renovations and has the potential for exponential growth.
To learn more about Cowry and the AI Kitchen designer app.
Phone: 647-728-1355
