Blackbaud Unveils Broad Vision for Accelerating AI-Powered Impact for Purpose-Driven Organizations

AI For Business


Announcing the next generation of Intelligence for Good® The strategy is the first glimpse into broad product enhancements across the portfolio.

Charleston, South Carolina, June 5, 2023 /PRNewswire/ — black bow (NASDAQ: BLKB), a leading provider of social impact software, today announced the launch of its major new wave. intelligence for good® The strategy includes a broad range of initiatives and investments on a rolling basis over the coming quarters aimed at making artificial intelligence (AI) more accessible, powerful and responsible across societal impact areas. Includes agenda.

“There is a huge opportunity for social impact organizations to leverage AI to address key operational and financial challenges,” he said. Mike Gianoni, President and CEO of Blackbow Corporation. “Blackbaud will apply our proven approach that combines high-quality system of record data, best practice education, an integrated partner ecosystem, and new capabilities focused on social impact to enable our customers to test new approaches. provide an easy and safe way to capture and

Blackbaud aims to drive breakthrough productivity gains for social impact organizations, while continuing to enhance existing features such as AI-powered lead surveys and intelligent donation forms. We will also expand into new fields such as the automatic generation of managed documents and learning support.

At the heart of Blackbaud’s next-generation AI strategy is providing complete off-the-shelf solutions that address specific challenges related to optimizing funding, governance, enterprise impact, and educational needs, thereby empowering society. It is an effort to make AI more accessible to the organizations that influence it. Specifically, Blackbaud plans to unveil a wide range of new features in 2023, including:

  • AI for peer-to-peer (P2P) fundraising: Empower P2P participants to easily and effectively share their stories and fundraise using generative AI-based capabilities.
  • AI for online donations: Provide a personalized experience for online donors through predictive AI capabilities.
  • AI for Key Giving Officers: Expands Prospect Insights to include AI-driven insights into key planned donation vehicles and their potential.
  • AI for donor management: Enables organizations to automate the creation of key donor management documents such as thank you notes through a built-in Generative AI experience.
  • AI for Educators: Empower teachers with personalized, AI-driven content with the right guardrails to increase participation in the classroom.
  • AI for school administrators: Leverage AI to automate review and recommendations for financial assistance applications.
  • AI impacting businesses: Empowering corporate social responsibility teams to capture, visualize, and tell the story of a company’s social impact mission by incorporating the latest AI services.

In addition to increasing investment in planned product enhancements to make AI more accessible to customers, Blackbaud will accelerate its use of partner solutions. Blackbow Marketplace. This includes cultivating and expanding his ecosystem of social impact-focused AI companies through the Social Good Startup Program, a technology accelerator.

of July 2023Blackbaud is launching a cohort of accelerator programs dedicated to AI startups. Registration is open now.

“Blackbaud’s technology accelerator initiative has allowed us to refine our AI capabilities and provide feedback on our most powerful use cases in the social impact space,” he said. Nick FitzCEO of Momentumthe winner of Blackbaud’s 2022 Startup Showcase.

This new wave of innovation builds on Blackbaud’s proven history of delivering results through data intelligence and AI. Blackbaud developed his first data intelligence product in 2001, and over the past decade, his predictive modeling services have enabled thousands of organizations, including many of today’s leading and largest nonprofits, universities, medical foundations, major museums, and more. of customer organizations. Blackbaud continues to modernize its data intelligence products with 2022 announcements. Prospect Insightsis a modern, AI-powered service designed to provide actionable insights into key donations. Grand Canyon Conservation Society, Prospect Insights Customersreports that Prospect Insights has helped identify the right constituents to include in a gift officer’s portfolio. We also use wealth snapshots to provide data within Prospect Insights to ask voters more informed questions.

“Blackbaud has become the operating system for organizations that improve the world,” he said. Sudip Datta, Chief Product Officer, Blackbaud. “Our investments in AI over the past decade have infused intelligence into our systems of record. You will be able to act.”

Blackbaud will provide regular updates on how we are realizing this strategy through future announcements, webinars and our annual conference. bbconof October 2023and its Product Update Briefing Series November 2023.

Learn more about Blackbaud’s AI vision below. www.blackbaud.com/intelligence-for-good.

About Blackbow
Blackbaud (NASDAQ: BLKB) is a leading software provider dedicated to enhancing social impact. Blackbaud’s must-have software serves the nonprofit and education sector, socially responsible businesses, and individual change agents, providing fundraising, nonprofit financial management, digital giving, grant making, and corporate social responsibility. , built to accelerate impact in education management.Has millions of users $100 billion Procured, granted or managed annually through the Blackbaud platform, Blackbaud’s solutions unlock the potential of people and organizations to change the world. Blackbaud has been named to Newsweek’s list of America’s Most Responsible Companies, Quartz’s list of Best Companies for Remote Workers, and Forbes’ list of America’s Best Employers. Blackbaud, a remote-first company, operates in the following regions: usa, Australia, Canada, Costa Rica and the England, supports users in over 100 countries.Learn more about www.blackbaud.com or follow me twitter, LinkedIn, Instagram and Facebook.

Forward-Looking Statements
All statements, expectations and assumptions contained in this news release, other than historical information, including statements regarding products and expected benefits of product functionality, are forward-looking statements that involve a number of risks and uncertainties. is. Although Blackbow strives to make these forward-looking statements accurate, future conditions may differ from the assumptions underlying such statements. In addition, other important factors that could result in significantly different results include: General economic risk. Uncertainty about business growth and renewals from existing customers. Continued success in sales growth. Management of the integration of acquired companies and other risks associated with acquisitions. Risk associated with the successful implementation of multiple integrated software products. Ability to attract and retain key talent. Risks associated with managing growth. Longer sales and deployment cycles, especially in larger organizations. Technological changes that make our products or services less competitive. Additional risk factors are set forth from time to time in Blackbaud’s SEC filings, copies of which are available at his SEC website at www.sec.gov or upon request from Blackbaud’s Investor Relations Department. Available for free. All Blackbaud product names mentioned herein are trademarks or registered trademarks of Blackbaud, Inc.

media inquiries
media@blackbaud.com

Logo – https://mma.prnewswire.com/media/404305/Blackbaud_Logo.jpg

Source: Blackbo





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *