ARMONK, N.Y. and ITHACA, N.Y., June 23, 2017 /PRNewswire/ — IBM (NYSE: IBM) and Cornell University, a leader in dairy research, today announced a new collaboration using next-generation sequencing combined with bioinformatics designed to help reduce the chances that the global milk supply is impacted by safety breaches. With the onset of this dairy project, Cornell University has become the newest academic institution to join the Consortium for Sequencing the Food Supply Chain, a food safety initiative that includes IBM Research, Mars, Incorporated and Bio-Rad Laboratories, Inc.

IBM Research and Cornell University to Use Genetic Sequencing and Big Data Analytics to Keep Global Milk Supply Safe

“Through this partnership with Cornell University, we are extending the Consortium work to a broader range of ingredients, leveraging artificial intelligence and machine learning, to gain new insights into how microorganisms interact within a particular environment,” said Jeff Welser, vice president and director, IBM Research – Almaden.

The opportunity for improving food safety is large; the U.S. Department of Agriculture estimates that Americans consume more than 600 pounds of milk and milk-based products per person per year. Fresh food such as meat, dairy, and produce represent a great risk for food safety incidents.

Specifically, raw milk is the main ingredient used in pasteurized milk for drinking, infant formula, cheese, yogurt and other common grocery items. Normally, raw milk samples are tested for a few specific groups of bacteria. However, the Consortium for Sequencing the Food Supply Chain is using the community of microbes or bacteria known as the microbiome to characterize the food samples at an unprecedented resolution. By sequencing and analyzing the DNA and RNA (genetic code) of food microbiomes, researchers plan to create new tools that can help monitor raw milk to detect anomalies that represent food safety hazards and possible fraud.

Characterizing what is “normal” for a food ingredient can better allow the observation of when something goes awry. Detecting unknown anomalies is a challenge in food safety and serious repercussions may arise due to contaminants that may never have been seen in the food supply chain before.

“As a global leader in food safety and dairy research, we are committed to using our multidisciplinary expertise to secure the world’s food supply against harmful microbial contamination,” said Kathryn J. Boor, the Ronald P. Lynch Dean of the College of Agriculture and Life Sciences. “Bringing Cornell into a private-public partnership with IBM, a world leader in technology and innovation, has the potential to deliver transformative research in the area of food safety and health.”

While many food producers already have rigorous processes in place to ensure food safety hazards are managed appropriately, this pioneering application of genomics will be designed to enable a deeper understanding and characterization of microorganisms on a much larger scale than has previously been possible. Consortium researchers will conduct several studies comparing the baseline data of raw milk with known anomalies to help create proven models that can be used for additional studies. They will continue to provide innovative solutions that can potentially minimize the chance that a food hazard will reach the final consumer and provide a tool to assist against food fraud.

The Consortium for Sequencing the Food Supply Chain was officially launched in January 2015 by IBM Research and Mars, Incorporated. Bio-Rad Laboratories, Inc. a global provider of life science research and clinical diagnostic products, joined the Consortium in 2016. This collaborative food safety initiative will leverage advances in next-generation sequencing to further the understanding of what can help make food safe. The consortium is conducting the largest-ever metagenomics study to categorize and understand microorganisms and the factors that influence their activity in various food matrices. This work could eventually be extended into the larger context of the food supply chain — from farm to fork — and, using artificial intelligence and machine learning, may lead to new insights into how microorganisms interact within a particular environment.

The research project will collect genetic data from the microbiome of raw milk samples in a “real-world” scenario at Cornell’s Dairy Processing Plant and farm in Ithaca, N.Y. The facility is unusual in that it represents the full dairy supply chain – from farm to processing to consumer. This initial data collection will form a raw milk baseline and be used to further expand existing Consortium bioinformatic analytical tools.

“As nature’s most perfect food, milk is an excellent model for studying the genetics of food. As a leader in genomics research, the Department of Food Science anticipates this research collaboration with IBM can lead to exciting opportunities to apply findings to multiple food products in locations worldwide,” said Martin Wiedmann, Gellert Family Professor in Food Safety and Cornell Institute for Food Systems faculty fellow at Cornell’s College of Agriculture and Life Sciences.

“We are thrilled to collaborate with Cornell to develop new ways to help keep our food supply safe before fraud or contamination hits by developing advanced algorithms, applying machine learning and mathematical modeling to sequence data,” said Kristen Beck, technical lead researcher for the Consortium for Sequencing the Food Supply Chain, IBM Research – Almaden. “Safe food is the first step toward human health. We’re extremely optimistic that with Cornell’s involvement in the Consortium we will make a difference in improving not only food safety, but our overall health as well.”

For more information about the Consortium visit: Sequencing the Food Supply Chain.

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About IBM Research
For more than seven decades, IBM Research has defined the future of information technology with more than 3,000 researchers in 12 labs located across six continents. Scientists from IBM Research have produced six Nobel Laureates, 10 U.S. National Medals of Technology, five U.S. National Medals of Science, six Turing Awards, 19 inductees in the National Academy of Sciences and 20 inductees into the U.S. National Inventors Hall of Fame. For more information about IBM Research, visit


Caroline Yu Vespi

Matt Hayes                

External Relations Lead

Managing Editor & Social Media Officer

IBM Research – Almaden

Cornell College of Agriculture & Life Sciences




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DUBLIN, June 23, 2017 /PRNewswire/ —

Research and Markets has announced the addition of the “Global Surveying Equipment Market 2017-2021” report to their offering.

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The global surveying equipment market to grow at a CAGR of 7% during the period 2017-2021.

Global Surveying Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

The latest trend gaining momentum in the market is emerging ocean technology. An industrial revolution is unfolding under the seas. Rapid progress in the development of robotics, artificial intelligence, low-cost sensors, satellite systems, big data, and genetics are opening whole new sectors of ocean use and research.

According to the report, one of the major drivers for this market is rapid urbanization in emerging economies. The world is undergoing a major wave of urban growth where more than half of the world’s population live in towns and cities. Much of this urbanization is expected in Africa and Asia, bringing about huge social, economic, and environmental transformations.

Further, the report states that one of the major factors hindering the growth of this market is slowdown in Chinese economy. China’s economic slowdown will impact globally in all types of industries because of two main reasons that include its increasing weight in world trade and rising share in total exports worldwide. Therefore, a significant slowdown in China’s economy can give meaningful shocks to the global trade.

Key vendors

  • Kongsberg Gruppen
  • Raytheon
  • Trimble

Other prominent vendors

  • Teledyne Technologies
  • Thales
  • Faro Technologies
  • Hexagon AB
  • Ohmex
  • Valeport
  • Seafloor Systems

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by application type

Part 07: Geographical segmentation

Part 08: Market drivers

Part 09: Market challenges

Part 10: Impact of drivers and challenges

Part 11: Market trends

Part 12: Vendor landscape

Part 13: Key vendor analysis

Part 14: Appendix

For more information about this report visit

Media Contact:

Research and Markets
Laura Wood, Senior Manager

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

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SOURCE Research and Markets

DUBLIN, June 23, 2017 /PRNewswire/ —

Research and Markets has announced the addition of the “Deep Learning Market Analysis By Solution, By Hardware (CPU, GPU, FPGA, ASIC), By Service, By Application (Image Recognition, Voice Recognition, Video Surveillance), By End-use, By Region, And Segment Forecasts, 2014 – 2025” report to their offering.

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The global deep learning market size is expected to reach USD 10.2 billion by 2025

Considerable improvements in machine learning algorithms and advancements in deep learning chipsets are driving the industry growth.

Rapid improvements in fast information storage capacity, high computing power, and parallelization have contributed to the swift uptake of the deep learning technology in end-use industries such as automotive and healthcare. Further, the need for understanding and analyzing visual contents among enterprises in order to gain meaningful insights, is expected to provide traction to the industry over the forecast period.

The increasing prominence of Graphics Processing Unit (GPU)-accelerated applications is leading to increased adoption of the technology in scientific disciplines such as deep learning and data science. Organizations are utilizing deep learning neural networks to extract valuable insights from enormous amounts of data for providing innovative products and improving customer experience; thereby, increasing revenue opportunities.

The technology is expected to gain prominence among key players and researchers, owing to its use in improvising artificial intelligence capabilities in Natural Language Processing (NLP), image & speech recognition, and computer vision areas. Solution providers are resorting to partnerships and collaborations to enter the deep learning space.

The key industry players include Intel Corporation, NVIDIA Corporation, IBM Corporation, and Microsoft Corporation

Key Topics Covered:

1 Methodology and Scope

2 Executive Summary

3 Deep Learning Industry Outlook

4 Deep Learning: Solution Estimates & Trend Analysis

5 Deep Learning: Hardware Estimates & Trend Analysis

6 Deep Learning: Application Estimates & Trend Analysis

7 Deep Learning: End-use Estimates & Trend Analysis

8 Deep Learning: Regional Estimates & Trend Analysis

9 Competitive Landscape

  • Advanced Micro Devices, Inc.
  • ARM Ltd.
  • Clarifai, Inc.
  • Entilic
  • Google, Inc.
  • HyperVerge
  • IBM Corporation
  • Intel Corporation
  • Microsoft Corporation
  • NVIDIA Corporation

For more information about this report visit

Media Contact:

Research and Markets
Laura Wood, Senior Manager

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716


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SOURCE Research and Markets

HERZLIYA, Israel, June 23, 2017 /PRNewswire/ —

Nanorep, an innovative provider of intelligent self-service and bot solutions, will lead discussions on the future of virtual assistant technology at Chatbot Summit Berlin. Taking place on June 26, the summit will offer the opportunity for providers and other professionals to discuss emerging technology, state of the bot market and AI applications, and showcase how the development of conversational solutions, like Nanorep, are disrupting customer experience.

As part of its engagement at the summit, Nanorep leadership will take part in the following sessions:

  • Chatbot Disrupt: A 360 Degree View of the Conversational Revolution 

CPO and SVP Customer Success Yaniv Reznik will join an expert panel to discuss the future of conversational capabilities, examining how new technology could disrupt both the chatbot and customer experience market.

Location/Time: 14:00 p.m. at the Center Stage 

  • Surviving The Bot Hype Will You Succeed? 

CTO and Cofounder Amit Ben will offer a keynote presentation on the impact of chatbot hype, addressing what businesses need to understand to ensure they avoid crucial mistakes and develop a comprehensive strategy for their organization.

Location/Time: 14:40 p.m. at the Center Stage 

Joining the Summit as a sponsor, Nanorep will also demonstrate the sophistication of the AI-enabled virtual customer assistant and bot solution at booth 31. Nanorep will be joined by existing customers who will share their unique use cases and success stories. For tickets or more information on the Berlin Chatbot Summit, visit:

About Nanorep 

Nanorep is an innovative provider of self service, Virtual Assistants, and smart bot solutions for customer service and ecommerce. Nanorep harnesses sophisticated “white box” Artificial Intelligence (AI) capabilities combined with patented Natural Language Processing (NLP) technology to create ready-to-use, simple-to-deploy solutions that make self-service engaging and intuitive for a conversational experience. Nanorep’s proprietary Natural Language Understanding consistently drives self-service usage over 90% and improves the customer experience. With Nanorep, knowledge management is facilitated through machine learning to find the best answers to customers’ questions, assist customer service agents, and identify and address knowledge gaps. Nanorep has been successfully implemented by more than 200 enterprises and mid-size businesses across the globe. For more information visit:

Media Contact: 
Lori Niquette
SHIFT Communications

SOURCE Nanorep

NEW YORK and MUMBAI, India, June 23, 2017 /PRNewswire/ — Tata Consultancy Services (TCS)(BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has been an industry leading job creator in the American IT Services sector for the past five years, according to a recent study by The Cambridge Group. TCS was among the top two job creators, recruiting more than 12,500 US workers from 2012 -2016, while it ranked first in terms of US employee growth during that period, at 57 percent.

Tata Consultancy Services.(PRNewsFoto/Tata Consultancy Services)

Building on its more than 40 year history in America, TCS’ ranking in The Cambridge Group report reflects the company’s significant and ongoing level of investment into the US economy. In fact, TCS has invested nearly $3 billion in the US over the past three years, in terms of employment, new innovation labs, extensive nationwide STEM education programs, and academic partnerships and endowments.

“TCS is proud to be a significant employment and talent development force in the US,” said Surya Kant, President of North America, UK and Europe, TCS. “Our industry leading US recruitment, advanced digital training of employees, and academic and STEM partnership programs act as a key contributor to the US innovation economy, while also preparing the current and upcoming workforce with foundational skills needed for 21st century careers.”

TCS expects recruitment of IT Services professionals in the US in 2017 to remain on par or exceed prior years’ levels. It regularly has approximately 800-900 open positions – quarter to quarter – in locations from Texas, California and Ohio, to North Carolina, Pennsylvania and New York. Examples of specialized roles focused on digital business transformation include digital DevOps and agile software development engineers, digital user experience (UX) designers, cloud architects, and autonomous drone operators.

Over the past five years, TCS has steadily increased its relationships and recruitment from more than 75 US college campuses, for both undergraduate and Master’s students. Its onsite activities include career fairs and onsite interviewing, TCS experts discussing specific topics such as cloud, automation and artificial intelligence, and partnering with career centers to prepare students for interview processes. TCS also invites select students to nearby TCS facilities to host immersion days, engagement with leadership teams and recent campus hires, and tours of innovation labs. Students in additional colleges are virtually engaged in similar sessions via channels such as video interviewing and mentoring.

Recognizing the challenge of finding enough qualified US talent, TCS has been a leading STEM education proponent for the past decade, creating highly scalable initiatives that will engage more than two million US students by 2022. It is a founding partner and the platform provider of Million Women Mentors, which so far has 1,856,000 pledges to mentor young women to succeed in STEM careers. Its signature goIT program teaches under-privileged students computer science, design and career skills, and is now active in 55 North American cities. Moreover, in 2017, TCS launched “Ignite My Future in School,” a first-of-its-kind campaign, partnering with Discovery Education to help transform the US educational system by embedding computational thinking and problem solving into core school subjects such as math, history, science, and humanities.

Other TCS investments in US business and academic arenas include the April 2017 ground breaking of ‘TCS Hall’ on the campus of Carnegie Mellon University, following a $35M grant to the academic institution 18 months ago. The new facility will enable TCS and CMU to conduct advanced joint research regarding cognitive computing and autonomous vehicles. TCS has also opened several new facilities, such as the Digital Reimagination Studio in Santa Clara, CA in 2016 to foster rapid product prototyping, and its first US Drones Research Lab in Cincinnati, OH, in 2017, with plans for further office expansion across the US throughout 2017.

TCS was recognized in 2016-17 with numerous industry awards for its employment and STEM education practices. They include being named as one of The Civic 50’s most community minded organizations in the world, the ‘Best and Brightest Companies to Work for’ in the US, certified as a Top Employer for three straight years, one of 50 Achievers Most Engaged Workplaces for four straight years, and winning six Gold and Silver Stevies at the 2017 American Business Awards..  

About Tata Consultancy Services Ltd (TCS):
Tata Consultancy Services is an IT servicesconsulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of ITBPS, infrastructureengineering and assurance services. This is delivered through its unique Global Network Delivery Model™, recognized as the benchmark of excellence in software development. A part of the Tata group, India’s largest industrial conglomerate, TCS has over 387,000 of the world’s best-trained consultants in 45 countries. The company generated consolidated revenues of US $17.6 billion for year ended March 31, 2017 and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. For more information, visit us at

To stay up-to-date on TCS news in North America, follow @TCS_NA. For TCS global news, follow @TCS_News.


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SOURCE Tata Consultancy Services

WASHINGTON, June 23, 2017 /PRNewswire/ — IBM (NYSE: IBM) VP & Chief Health Informatics Officer Dr. Anil K. Jain was appointed by Senate Majority Leader Mitch McConnell to the 25-member Health Information Technology Advisory Committee as mandated by the 21st Century Cures Act. Eight appointees of the 25-member committee are appointed by Congressional leaders, and Dr. Jain was appointed by the Senate Majority Leader.

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Dr. Jain is a health information technology innovator, practicing physician, biomedical engineering and computer scientist with expertise in the fields of interoperability, building successful healthcare cloud computing platforms, and identifying ways to accelerate personalized and precision medicine through cognitive technologies.

The Health IT Advisory Committee consists of experts and leaders who will provide recommendations to the Health and Human Services National Coordinator for Health Information Technology on a policy framework to advance an interoperable health IT infrastructure.

Dr. Jain’s participation in the Health IT Advisory Committee will leverage extensive experience in helping to bring 21stcentury technologies to health care systems across the country. As a health IT leader, Dr. Jain has successfully overseen the implementation of electronic health record systems. He helped create a powerful healthcare cloud computing platform as the co-founder of Explorys. At IBM Watson Health, Dr. Jain serves as an industry leader in infusing artificial intelligence technology into healthcare.

“I am thrilled at the opportunity to serve on this important Committee,” said Dr. Jain.  “Our stakeholders such as government, industry, physicians, and our consumers need a balanced approach to accelerate value of health IT through interoperability, transparency and usability in both traditional and cognitive health IT systems needed for 21st century conditions and their cures.”

IBM has had a long-standing commitment to open standards and interoperability. We believe in a balanced approach and work with industry partners, academics, individual entrepreneurs and governments worldwide to develop open standards and conduct interoperability testing. For decades, we have been participating in hundreds of standards bodies and working groups. IBM has also helped to establish the Open SOA community, GridWise Alliance and the Health Level 7 (HL7) standard setting organization.

CONTACT: Rachel Thomas,

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COPENHAGEN, Denmark, June 23, 2017 /PRNewswire/ — David Sosna, co-founder and chief executive officer at Personetics, the leading provider of cognitive applications for the financial services sector, will participate in a panel of financial experts discussing use cases for AI in financial services at the Money20/20 Europe conference, taking place in Copenhagen from June 26-28, 2017.

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The panel will take place Monday 26 June 11:00 – 11:55 in track room 4. Additional panel participants include executives from HSBC, BNP Paribas, IBM, Clinc, Time Machine Capital and Consult Hyperion.

Following the session, the latest advances in AI and cognitive banking will be showcased at the Personetics stand in the exhibit hall (K18), including:

  • Assist: an AI-driven chatbot solution that empowers customers with personalized, context-aware, and timely support resources.
  • Engage: personalized guidance and insights that keep customers informed and help them stay on top of their financial affairs.
  • Act: AI-powered money management that simplifies banking and helps customers reach their financial goals with automated personalized savings and debt payoff programs.

The Money20/20 Europe 2017 event will feature over 400 speakers and 120 sessions covering the hottest trends in fintech including Big Data, artificial intelligence, B2B payments and finance, financial inclusion, blockchain technology, alternative lending, and more. Confirmed speakers include representatives from leading banks and global firms such as MasterCard, Visa, Western Union, Samsung, and Amazon.

Additional Resources:

About Personetics

Trusted by millions of customers, Personetics’ Cognitive Financial Services Applications provide personalized guidance, conversational self-service, and automated self-running programs that help customers reach their financial goals.

Combining built-in financial intelligence and conversational proficiency with advanced cognitive capabilities, the Personetics framework is able to engage in natural conversations and knowledge-rich interactions, execute tasks on behalf of the customer, and constantly adapt and improve based on prior behavior. Ready-to-deploy within existing digital channels and across popular messaging platforms, Personetics’ Cognitive Financial Services Applications enable financial institutions to take a leadership position by delivering a highly engaging branded customer experience, reducing the cost of service, and increasing share of wallet with innovative new products and services.

Led by a team of seasoned FinTech entrepreneurs with a proven track record, Personetics has been named a Gartner Cool Vendor, a Top Ten FinTech Company by KPMG, and a Top Ten Company to Watch by American Banker. 

For more information, visit


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SOURCE Personetics

MIAMI, June 22, 2017 /PRNewswire/ — Premier Farnell, the Development Distributor, announces an exclusive partnership with MATRIX Labs to manufacture and distribute MATRIX Creator to a global network of developers and makers of all skills levels.  The MATRIX Creator is a Raspberry Pi add-on that provides multiple functionality and enables faster and more cost-effective development of IoT devices.

MATRIX Creator pioneers the use of machine intelligence as a building block for hardware. The $99 sensor-packed development board and platform allow developers to build IoT apps quickly and inexpensively for drones, robots, smart homes, security, gaming, retail, and whatever idea they imagine. For more information, visit

MATRIX Creator is ideally suited for the development of applications in automation control systems, particularly for home automation systems involving optical and sound elements as well as robotics, enterprise logistics, voice assistants, beamforming/DoA algorithms, retail intelligence.  The microphone array, for example, allows a user to develop their own “do it yourself” Amazon Echo and Alexa based projects as well as voice recognition systems, with the eight microphones allowing devices to be activated from anywhere in a room. Similarly, the optical and physical sensors enable the development of facial recognition and motion detection devices for security applications.

MATRIX Creator is an ideal aid for teaching novices about hardware development and provides expert users with an extremely versatile piece of hardware to add to their suite of development tools.  It accelerates and reduces the overall cost of the prototyping process for new products and devices, doing the up-front heavy lifting so developers don’t have to.

The development board, designed for Raspberry Pi, incorporates a Xilinx Spartan 6 FPGA, an ARM Cortex M3 microcontroller, a range of sensors for motion, temperature, humidity, light, ultraviolet and infrared, an 8-microphone array and a 35-LED array.

The board, which can be programmed in 40 different languages, also incorporates integrated Z-Wave and zigbee communications plus connectivity via a wide range of analogue and digital input/output interfaces. It can also be used in stand-alone mode using its onboard processing capability. Ralf Buehler, Senior Vice President, Sales and Marketing said: “As the Development Distributor we work to source the latest innovative technology to help create opportunities for our existing and future builders, developers, makers and engineers.  Products like MATRIX Creator provide huge flexibility to users – unlike existing add-ons which only provide individual elements of functionality, MATRIX Creator is a complete development eco-system that allows users to access a range of functionality to enhance any Raspberry Pi based project, speeding up the design process and helping to overcome the hurdles involved in the creation of innovative hardware projects.”

Rodolfo Saccoman, CEO and Co-Founder of MATRIX Labs says, “MATRIX Creator is a hugely exciting product, doing for the Internet of Things and artificial intelligence, what smartphones did for the mobile revolution.  MATRIX Creator has deep product functionality and we expect broad appeal – it’s the perfect combination of an easy-to-use yet also sophisticated dev board, which appeals to the maker, the expert developer, and everyone in between.  MATRIX Creator allows developers of virtually any skill-level to create whatever exists in their mind’s eye, shifting the product development paradigm from one that relies on a 3rd party to create for you, to one where you can create the custom app that meet your exact needs. It’s putting power into the hands of the people and democratizing IoT app development.”

MATRIX Creator is available from Farnell element14 in Europe and Newark element14 in North America. 

About Matrix Labs
MATRIX Labs is a complete ecosystem of IoT dev tools that also include MATRIX Voice, MATRIX OS, and MATRIX App Store. Together, the MATRIX ecosystem makes IoT app development easier, and more affordable than ever before.  MATRIX OS is the application hosting platform for the MATRIX Creator and MATRIX Voice, which uses machine learning and computer vision libraries to expedite the development of complex apps. IoT applications will be bought, sold, uploaded and installed from the first-ever IoT app marketplace, the MATRIX App Store, which will support MATRIX OS, Android Things and future IoT platforms.

Alfred Gonzalez


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China becomes the only country where Microsoft has two accelerators

SHANGHAI, June 22, 2017 /PRNewswire/ — Being an entrepreneur is not easy. It requires vast knowledge, drive, agility, strong conviction and a passion that burns inside and pushes you forward. For Microsoft, the most effective way to empower entrepreneurs around the world on their journey to build great companies is through incubation. With its global Microsoft Accelerator program, Microsoft works with later-stage startups to provide the tools, resources, connections, knowledge and expertise they need to become successful companies, backed by the immense computing power of Microsoft Azure.

Microsoft Accelerator Shanghai tripled startups value to $1bn in 4 months

The latest accelerator from Microsoft is Microsoft Accelerator Shanghai (MASH), which launched in January 2017. MASH hosted its first batch’s graduation and demo day on June 22, showcasing 14 startups. Since joining MASH 4 months ago, the total valuation of the 14 startups has tripled. 10 out of the 14 startups have received new rounds of funding for a total of 6.6 billion RMB, and one startup has gone public. All startups have adopted Microsoft Azure for public cloud services. During incubation period, MASH delivered more than 200 hours of training and made more than 500 customer and VC connections for the startups.

“The digital transformation of China’s economy presents a huge opportunity for both big companies and startups across all industries,” said Alain Crozier, Microsoft Corporate Vice President and Chairman and CEO of Greater China Region. “Microsoft Azure has supported the digital transformation of China since landing in China three years ago. With Microsoft Accelerator China, the company has nourished a thriving local ecosystem of startups to further transform China’s digital landscape. MASH will further empower innovators on this journey.”

Microsoft Accelerator China was founded in 2012 and has built up close relationship with more than 300 investment firms to bridge startups with top venture capitalists. The accelerator strategically teams up with industry leading companies to connect startups with potential long-term clients.  

Now, Microsoft’s accelerators in Beijing and Shanghai boast a combined 170 graduates, whose products and services reach 500 million individual users and more than 2 million enterprise accounts. More than 93% of alumni have raised next rounds of funding. 

As of today, the total market valuation for Microsoft Accelerator China alumni has reached RMB 56.6 billion, which, post-incubation, grew by more than 600%. This success hasn’t gone unnoticed; Microsoft Accelerator has been named “The Best Accelerator/Incubator in China” for five years straight by ChinaVenture Group, China’s leading venture capital and private equity data service company.

During MASH’s first demo day, the first batch graduates shared their strong cloud, artificial intelligence and big data capabilities:

  • SchoolPal Online is a startup using Microsoft .Net technology to develop their backend systems that support hyper-scale concurrency and secure data storage. Over 80 thousand schools in China are relying on SchoolPal’s SaaS service every day.
  • Caicloud has released TensorFlow, a Service on Azure, which greatly reduces the effort and cost that an enterprise would have to spend to create a Deep Learning infrastructure. This service stands as a testimony to Microsoft’s commitment to building an open ecosystem and democratizing AI.
  • MINIEYE is building its cutting-edge computer vision technology for autonomous driving on the Microsoft Azure platform, leveraging its hyper-scale intelligent cloud computing capabilities.
  • Kyligence is the Shanghai based company leading Apache Kylin, an Apache, top level open source project focusing on providing high performance business intelligence analytics solutions on top of Hadoop big data. Kyligence has integrated their solution seamlessly with Azure HDInsight and has made it conveniently available to users via the Microsoft Azure Marketplace.
  • EasyRetailPro leverages the rich capabilities that Microsoft Azure offers on big data and artificial intelligence offer a social CRM solution for retail customers. With the help of Microsoft Azure, EasyRetailPro has seen significant progress on their capabilities for retail big data analysis, helping retail chains get deep insight on their customers based on transaction data, social media engagements, and more.    
  • Lavector‘s Brand Vision provides an AI-powered, real-time interactive digital marketing SaaS solution. Deeply integrated with Microsoft Azure’s AI services and features, Lavector’s transparent, intelligent, and agile digital marketing interface drives highly efficient interactions between customers and brands.

MASH launched with full, direct support from the Shanghai Xuhui District government, who has set itself a strategy of “Innovation Drives Development” in an effort to build more hubs of innovation, particularly in the Caohejing Hi-Tech Park. MASH was also made possible through a cooperation with INESA, a regional partner for ecosystem development. As a large state-owned enterprise group, INESA is comprised of 22 wholly-owned subsidiary companies, over 80 subsidiary companies with controlling shares, and 37 subsidiary companies with joint shares, across the globe. Committed as a total solution provider and operator for smart cities, INESA works with MASH to help technology startups achieve better growth with its large client base.

“In order to support a strategy of turning Shanghai into an international center for technology innovation, Xuhui is developing its technology service sector accordingly, especially with help from global incubators and accelerators within our District,” said Mrs. Chen Shiyan, Vice Mayor of Xuhui District Government. “Microsoft Accelerator Shanghai has been made possible through a joint effort by the Xuhui government, Microsoft and INESA, integrating vast resources to support better growth for startups in Shanghai.”

Elton Huang, PwC China Shanghai Senior Partner and James Chou, Managing Director and CEO in Residence of MASH announced a joint program called the Microsoft Accelerator Shanghai FinTech Camp Powered by PwC. The new program will focus on later-stage funded fintech startups, helping them to quickly accelerate and become enterprise-ready companies. PwC China will offer mentorship and customer access to its financial industry clients to the startups. Selected startups will also be able to use the co-working space in PwC’s China Innovation Center in Shanghai.

“This is the first accelerator program resulting from a cooperation between PwC China and Microsoft Accelerator Shanghai,” said Elton Huang. “By leveraging available resources from both companies, we hope to break barriers between large finance service companies and startups and push more tech innovations from ideas to end products.”

China is the only country where Microsoft has two accelerators,” said James Chou. “With support from the Shanghai government, MASH will play an important role in Shanghai’s digital transformation. Furthermore, the Microsoft Accelerator Shanghai FinTech Camp Powered by PwC program will empower entrepreneurs to create more innovative FinTech solutions, helping Shanghai on its journey to becoming one of the world’s leading financial centers.”

The Microsoft Cloud Incubation Program is another initiative by Microsoft China. It is an innovation incubation program targeting newly-founded cloud and mobile services startups in China. Microsoft Accelerator and the Microsoft Cloud Incubation program form an “innovation pyramid” in China. Through the Microsoft Cloud Incubation program launched in 2015, Microsoft, government, and selected partners work together to establish incubation centers across China serving startups who focus on innovation in cloud computing, IoT, big data, machine learning, AI, and mixed reality. With Microsoft Accelerator targeting at later stage startups, Microsoft now has a complete coverage of technology startup’s lifecycle in China.

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SOURCE Microsoft Accelerator Shanghai

PLANTATION, Fla., June 22, 2017 /PRNewswire-iReach/ — Deutsche Post DHL Group, the world’s leading logistics and mail company, has entered into a strategic partnership with Plug and Play, a global startup ecosystem and venture fund specializing in the development of early-to-growth stage technology startups. The partnership will see Deutsche Post DHL Group join Startup Autobahn, a mobility-centric program led by founding partners Plug and Play, Daimler AG, University of Stuttgart and ARENA2036 in Stuttgart, Germany, and the Plug and Play Supply Chain and Logistics vertical, led by Maersk, Panasonic, BASF, Union Pacific Railroad, and Ericsson in Silicon Valley, USA. It will engage with a select group of startups that join the Plug and Play accelerator program, providing executive mentoring, technical expertise and also potentially piloting startups’ solutions within its own operations to foster their development.  

“Deutsche Post DHL Group has a strong track record of working with innovative young businesses and incorporating groundbreaking new technologies into our operations,” said Thomas Ogilvie, Executive Vice President, Corporate Development, Deutsche Post DHL Group. “As we look to maintain our global leadership position, we are continuously looking at ways in which we can explore new technology driven logistics business models, and we also recognize the great potential that digitalization has to drive productivity and service improvements. Plug and Play has proven highly effective in bringing industry leaders together with high potential technology startups, and we are therefore very excited about the opportunity to work with them and their global network of young, innovative disruptors.”  

Deutsche Post DHL Group has pioneered and supported the development of a broad number of innovations within the mobility and supply chain and logistics arenas. For example, in 2011, Deutsche Post began collaborating with StreetScooter GmbH, a startup manufacturer of electric vehicles to develop a customized electric van for postal and parcel deliveries in 2015. It acquired the company and has announced plans to replace its entire delivery fleet in Germany with StreetScooter electric vehicles. In 2015, DHL Supply Chain announced the successful pilot of an augmented reality application for warehouse operations based on software developed by Ubimax, a technology start-up. In January 2017, DHL Global Forwarding, Freight launched Saloodo!, an online freight marketplace.

“With the launch of our new program, Plug and Play is now the world’s leading innovation platform for Supply Chain and Logistics” said Saeed Amidi, Founder and CEO of Plug and Play.  “We are excited about the era of Industry 4.0, where there is complete visibility and transparency of products and their respective supply chains, from mines to the consumers’ homes, and where quality and sustainability will be built into every step of the chain. At Plug and Play we believe that early stage companies have a major role in making all this happen, from new tracking technologies for shipments, to AI & robotics, to new innovative solutions for last-mile delivery. This partnership with Deutsche Post DHL Group will help us to accelerate and grow world-class startups in this area faster and at a larger scale.”

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Deutsche Post DHL Group is the world’s leading mail and logistics company. The Group connects people and markets and is an enabler of global trade. It aspires to be the first choice for customers, employees and investors worldwide. The Group contributes to the world through responsible business practices, corporate citizenship and environmental activities. By the year 2050, Deutsche Post DHL Group aims to achieve zero emissions logistics.

Deutsche Post DHL Group is home to two strong brands: Deutsche Post is Europe’s leading postal service provider. DHL offers a comprehensive range of international express, freight transport, and supply chain management services, as well as e-commerce logistics solutions. Deutsche Post DHL Group employs approximately 510,000 people in over 220 countries and territories worldwide. The Group generated revenues of more than 57 billion Euros in 2016.

Die Post für Deutschland. The logistics company for the world.


STARTUP AUTOBAHN is a neutral innovation platform moderating an in-depth and curated collaboration between core partners from industry, Investment firms and mentors to help the growth of startup companies. Plug & Play, the Silicon Valley accelerator and investor, is facilitating this joint project together with Daimler AG, ARENA2036, the University of Stuttgart, Hewlett Packard Enterprise, ZF, BASF and Porsche as well as Murata. Startups from all over the world are invited to submit their applications for the accelerator program on the future of mobility and Industry 4.0.

Plug and Play’s Supply Chain & Logistics Innovation Platform is the world’s leading ecosystem for the digital transformation of end-to-end supply chains and world trade. The first cohort of startups has been selected as of June 8th, 2017 by Plug and Play’s founding partners BASF, Union Pacific Railroad, Maersk, DPDHL, Panasonic, and Ericsson. For future cohorts, startups from all over the world are invited to submit their applications for the Silicon Valley program around IoT, asset tracking, blockchain for supply chain & logistics, supply chain optimization, robotics, artificial intelligence, procurement negotiations, and advanced analytics.

About Plug and Play:

Plug and Play is a global innovation platform. We connect startups to corporations and invest in over 150 companies every year.  Since inception in 2006, our programs have expanded worldwide to include a presence in 22 locations globally giving startups the necessary resources to succeed in Silicon Valley and beyond. With over 6,000 startups and 180 official corporate partners, we have created the ultimate startup ecosystem in many industries. We provide active investments with 200 leading Silicon Valley VCs, and host more than 365 networking events per year. Companies in our community have raised over $6 billion in funding, with successful portfolio exits including Danger, Dropbox, Lending Club, PayPal, SoundHound, and Zoosk. For more information, visit

Media Contact: Bea Garcia, Deutsche Post DHL Group, +1 954-0701-9265,

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SOURCE Deutsche Post DHL Group