SAN FRANCISCO, Oct. 31, 2017 /PRNewswire/ — Leading Human Capital Consulting firm Morgan Samuels continues to build out its technology and digital practice through partnerships and key customer wins.

“Partnering with the newly formed Silicon Foundry enables us to grow our reach and deepen our thought leadership as we continue to serve new and existing clients,” said Monica Bua, Senior Partner in the Technology and Digital Practice at Morgan Samuels. “Being part of Silicon Foundry’s corporate innovation platform puts us at the intersection of emerging technology, transformational growth and human capital.”

“We’ve always seen talent as a logical extension to our service offering and we’re excited to have Morgan Samuels as an experienced partner who delivers us additional strategic insights and connectivity across the ecosystem,” said Neal Hansch, CEO of Silicon Foundry.

Emerging technologies such as the Internet of Things, 3D printing, artificial intelligence, machine learning and robotics are driving todays’ digital disruption and are on the agenda of every member of the C suite, regardless of sector. “The Chief Digital Officers of today are the CEOs of tomorrow,” said Udo Eberlein, Senior Partner at Morgan Samuels, “and we have built outstanding leadership teams across the digital landscape for Fortune 10, middle market, early stage and growth companies.” Recent placements include a range of functions including the Chief Customer Experience Officer as well as the GM of Smart Cities at a F10 Telecommunications company, the CMO of a mid-sized machine learning and big data company and the CFO for a disruptive mixed reality technology leader.  

About Morgan Samuels

For 48 years, Morgan Samuels has developed and delivered exceptional leadership talent for clients worldwide, from Fortune 500 to rapid growth start-ups. The firm was founded with a single idea in mind: to help people and organizations achieve their greatest potential. And this vision has become today’s reality. Today, Morgan Samuels transforms businesses by employing innovative strategies to help our clients identify, attract, and retain top talent.
The first search firm to adopt Lean Six Sigma methodologies, Morgan Samuels has developed a truly leading-edge system for search execution – utilizing streamlined, data-driven processes that produce industry-leading results.

Visit us at www.morgansamuels.com 

MEDIA CONTACT:
Adam Ross                         
[email protected]
301-205-2265    
morgansamuels.com

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SOURCE Morgan Samuels

SEATTLE, Oct. 31, 2017 /PRNewswire/ — Magic AI (http://www.magicai.io/) today announced that it is now scheduling installations of StableGuard (http://mystableguard.com) the world’s only artificially intelligent 24/7 monitoring and alert system for horses.  StableGuard uses computer vision and machine learning to monitor horses in their stalls.  When anomalous behavior is detected, the system generates alerts that owners receive via the StableGuard mobile app.  Owners can then view their horse in real-time via the mobile app’s video streaming feature.  StableGuard also analyzes all the collected data to provide owners with a wellness profile that helps keep their horse healthy and happy. 

Magic AI was born out of a personal tragedy that occurred in December 2012 when Alexa Anthony’s prize-winning horse, Magic, died of colic because the symptoms of this common digestive disorder manifested in the middle of the night.  By the time Alexa arrived at the stable the next morning, the illness had progressed too far to be treatable.  Alexa came up with the idea for StableGuard to help prevent other unnecessary deaths.  “If there was something that had notified me as soon as he was showing symptoms of distress, he would probably still be alive today,” said Alexa. 

In the US, there are over 9 million horses with an estimated market size of $39 billion annually. More than 10% of these horses will need emergency care each year; early detection has the potential to make a significant improvement in the resolution of these emergencies. 

Magic AI was founded in June 2017 and is ramping up production with several installations pending. “We are excited about the terrific response to StableGuard™ and we are focusing on professional stables with at least 10 stalls,” says Katherine Schmidt, VP of Sales and Marketing.  “We have put together a great team of sales representatives based all across the country.  Each of our representatives has extensive experience with horses and all of them have competed at the highest levels in equestrian competition with three of them being Division 1 championship riders.”

About Magic AI
Magic AI is an artificial intelligence startup company based in Seattle, Washington building a platform for computer vision machine learning systems.  Magic AI CEO, Alexa Anthony, has been around horses for most of her life and is an NCAA champion on the equestrian team at the University of South Carolina.   Magic AI’s first product, StableGuard is for the equine industry and Magic AI is currently scheduling installations for 2018.

Katherine Schmidt
Magic AI
+1.800.334.1497 
[email protected]

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SOURCE Magic AI

DALLAS, Oct. 31, 2017 /PRNewswire/ — Parks Associates announced new research today in smartphone ownership showing that Apple and Samsung have widened their brand share lead over LG and Motorola among the installed base of smartphones in the U.S. The international firm shows that LG has fallen to just 9% of consumer-reported brand share, behind Apple (47%) and Samsung (29%).

“Samsung’s market share has held at approximately 30% of the installed smartphone base since 2015, indicating that the issues related to its Galaxy Note line last year did little to impact its market position overall,” said Kristen Hanich, Research Analyst, Parks Associates. “The new Galaxy S8 and Note 8 have sold better than their predecessors, signifying a strong consumer interest in Samsung’s premium smartphone brands. Nevertheless, Apple still has a sizeable lead in market share and maintains a tight replacement cycle.”

Parks Associates notes that Apple’s dominance is likely to continue in the coming years. According to the firm, 75% of iPhone users may upgrade over the next couple of years.

“Most Apple fans are waiting for the iPhone X,” Hanich said. “The iPhone 8 offers an attractive mix of features but doesn’t differentiate itself enough from the iPhone 6 and the iPhone 7, whereas the X has a very distinctive look. The X’s powerful on-device artificial intelligence and facial recognition abilities are also of great interest to consumers who want to buy the best available device. However, Apple’s limited production of the X may have a negative impact on upgrade rates over the next few months.”

360 View: Mobility & The App Economy, which quantifies mobile device and service usage and preferences, shows that HTC has fallen from fourth in share of the installed base at 9% in 2012 to sixth in 2017 with just 2% market share. Additional data and analysis from the research include:

  • Huawei could pose a threat to LG, Motorola, and ZTE as it expands its U.S. sales channels in late 2017 and 2018.
  • ZTE’s market share has increased from 1% in 2015 to 2% in 2017.
  • About 65% of Samsung smartphone users have a model more than two years old.

Parks Associates also recently released two industry reports assessing the mobile and broadband landscape:

  • Modern Broadband: Impact of Wireless on Fixed-line examines the use of cellular and Wi-Fi connections for in-home and out-of-home data needs. The report addresses the impact of these wireless technologies on fixed-line broadband services and evaluates consumer usage of both options. Report includes a five-year forecast for fixed-line global broadband household connections.
  • Mobile Data Services: Business Model Assessment analyzes how global mobile operators sell mobile data services, manage customer loyalty programs, develop innovative services, and offer customer incentives such as zero-rated services and international travel plans. It also provides a global forecast of mobile data revenues earned by operators from 2017-2021.

More information about the research is available at www.parksassociates.com. To schedule an interview with an analyst or to request specific data, contact Julia Homier at [email protected], 972-996-0214.

About Parks Associates
Parks Associates is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates creates research capital through market reports, primary studies, consumer research, custom research, workshops, executive conferences, and annual service subscriptions.

Each year, Parks Associates hosts industry webcasts, the CONNECTIONS™ Conference Series, Connected Health Summit: Engaging Consumers, and Smart Energy Summit: Engaging the Consumer.
http://www.parksassociates.com

Media Contact:
Julia Homier
Parks Associates
972-996-0214
[email protected]

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SOURCE Parks Associates

LOS ANGELES, Oct. 31, 2017 /PRNewswire/ — Iridescent, a global STEM education nonprofit, introduces a unique educational initiative: The Curiosity Machine AI Family Challenge. This initiative will empower young people and their families to learn together about artificial intelligence (AI) technology in a project-driven, hands-on way. AI should contribute $14 trillion across 16 industries in 12 developed countries by 2035, according to Accenture and Wells Fargo Securities.

Iridescent, the League of United Latin American Citizens (LULAC), the Association for the Advancement of Artificial Intelligence (AAAI), and NVIDIA have partnered on this learning initiative aimed at exposing underrepresented youth and their families to cutting-edge technologies and encouraging them to explore careers in science, technology, engineering and math together. The World Economic Forum estimates that 65 percent of children entering primary school today will work in completely new jobs that don’t exist yet, and Iridescent aims to prepare students and families for this shift.

The Curiosity Machine AI Family Challenge will feature an integrated educational program, curriculum, and competitions to help underserved students and their families understand core concepts of artificial intelligence and apply AI tools to create social good in their communities. In this initiative Iridescent will develop family-friendly AI tools and curriculum, and collaborate with national community partners to bring these to students and families globally, focusing on 3rd-8th grade students and their parents.

This initiative grew out of seed funding provided by NVIDIA to Iridescent to develop their first AI-focused design challenges. Using everyday materials like rubber bands, paper cups, and batteries, the challenges introduce AI concepts such as neural networks and self-driving cars. These challenges, along with others developed over the coming year, will be added to Iridescent’s Curiosity Machine platform, which currently hosts 125+ open-ended, hands-on engineering and computational thinking activities.

With this new Curiosity Machine Family AI Challenge initiative, Iridescent aims to demystify AI and AI tools for students and families and provide early introductions to the technology that is reshaping the workforce and encourage them to continue to learn about and engage with AI. “Moreover, besides children, it will also inspire parents to think of themselves as lifelong learners—empowering them to know more, do more and be more” says Tara Chklovski, CEO and founder of Iridescent.

“AI will one day be integrated into all aspects of life and work, and the Family Challenge is a great opportunity to introduce students to core AI concepts,” said Tonie Hansen, senior director, corporate responsibility, NVIDIA. “The challenge will spark students’ curiosity and critical thinking skills, and get them to think creatively about how they can engage with AI.”

LULAC, the largest and oldest Hispanic organization in the US, will join Iridescent to help reach Hispanic students and families through its community-based programs operating at 1,000+ LULAC councils nationwide.

“LULAC is delighted to be partnering with Iridescent to teach Artificial Intelligence programming to young Latinos and their parents across the country,” stated Brent Wilkes, CEO of the League of United Latin American Citizens. “Through this partnership we will be bringing Iridescent’s excellent AI curriculum to our unparalleled network of Latino education programs.”

The two-to-three year global initiative will kick off in February at the AAAI Conference, with a workshop to engage AI researchers in developing hands-on curriculum, and inspiring 200 local children and families. The Association for the Advancement of Artificial Intelligence has previously partnered with Iridescent to produce a series of video interviews and presentations about AI and its practical applications.

“We’re excited to continue to partner with Iridescent to continue our shared mission of making Artificial Intelligence accessible to all students and families, and look forward to launching this program together in New Orleans in February,” said Subbarao Kambhampati, President of AAAI.

While current Computer Science education is focused on the mechanics of coding, this initiative aims to empower participants with a sense of self-efficacy as an innovator and creator of AI technology, building on a basic understanding of how these technologies are changing their world, but more importantly what role they can play to drive innovation in these areas.

The Curiosity Machine AI Family Challenge will involve many corporations and community partners as sponsors and active participants. Iridescent and its partners are actively recruiting interested groups through February 2018.

About AAAI

Founded in 1979, the Association for the Advancement of Artificial Intelligence (http://www.aaai.org) is a nonprofit scientific society devoted to advancing the scientific understanding of the mechanisms underlying thought and intelligent behavior and their embodiment in machines. AAAI aims to promote research in, and responsible use of, artificial intelligence. AAAI also aims to increase public understanding of artificial intelligence, improve the teaching and training of AI practitioners, and provide guidance for research planners and funders concerning the importance and potential of current AI developments and future directions.

About LULAC

The League of United Latin American Citizens (LULAC) is the nation’s largest and oldest civil rights volunteer-based organization that empowers Hispanic Americans and builds strong Latino communities. Headquartered in Washington, DC, with 1,000 councils around the United States and Puerto Rico, LULAC’s programs, services and advocacy address the most important issues for Latinos, meeting critical needs of today and the future. For more information, visit www.LULAC.org.

About Iridescent and Curiosity Machine

Iridescent is a science, engineering, and technology education nonprofit organization that empowers underrepresented young people to become self-motivated learners, inventors, and leaders. Founded in 2006 by CEO Tara Chklovski, more than 100,000 children, parents, mentors, and educators have participated in its two global programs: Technovation, the world’s largest global tech entrepreneurship program for girls, and Curiosity Machine, a unique project-based learning program that inspires students and parents to solve science and engineering problems together.

Media Contact
Millicent Fortunoff
Finn Partners
917-306-3841
[email protected]

 

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SOURCE Iridescent

SAN FRANCISCO, Oct. 31, 2017 /PRNewswire/ — Clarify Health Solutions, Inc., a pioneer in AI-enabled care optimization, today unveiled the most advanced bundled payment and population risk management platform currently on the market.

Clarify Health Solutions

The significant expansion of Clarify Health’s value-based care technology solutions addresses several industry pain points. The Centers for Medicare & Medicaid Services (CMS) is expected to announce new, voluntary bundled payment programs in the coming months, including BPCI. Meanwhile, health systems and physician groups continue to grow their footprint in capitated and population risk arrangements such as Medicare Advantage, ACOs, and provider-owned health plans.

“To confidently take on risk for populations and bundled payments, physicians and health systems need to have patient-level predictive insights to optimize care,” said Mark Froimson, M.D., president of the American Association of Hip and Knee Surgeons (AAHKS), and former chief clinical officer and executive vice president of Trinity Health Corporation. “Clarify Health’s differentiator is the speed and agility with which their solutions generate specific insights and empower clinicians to immediately translate them into better care for the patients they serve.”

Clarify Health’s care optimization analytics power an end-to-end view of value creation across populations and care journeys. Physicians, providers and payers have access to a “care command center,” which provides visibility into the care journeys of their in-flight patients across the continuum of care. By delivering actionable insights, the Clarify Health platform quickly scales to power success in any bundle or population risk arrangement.

“The healthcare industry is undergoing a massive transfer of risk from payers to physicians and health systems,” said Jean Drouin, MD, MBA, CEO and co-founder of Clarify Health. “The winners in the new world of value-based care will be those organizations that successfully deploy the same type of advanced technologies and applications used by banks, airlines and companies like Amazon. We believe in making these solutions widely available to physicians and health systems so they can deliver great care and control their destiny.”

The Clarify Difference
Clarify Health’s care optimization and value-based payment offerings leverage the company’s deep experience in healthcare and the financial industry, as well as Big Data and AI capabilities drawn from Silicon Valley, to deliver an affordable, scalable solution for BPCI, commercial bundles and other value-based arrangements.

“I’m enormously energized by the passion, vision, and execution of the Clarify Health team,” said Dr. Jack Cochran, former executive director and CEO of the Permanente Federation. “Clarify is creating breakthrough applications that would be welcome and very useful to integrated systems of care delivery, like Kaiser Permanente, as well as to insurance companies, hospitals and physician groups.”

He added, “Their expert team, which has a track record of (and the scars from) achieving over $1 billion in improvement across payers and providers, has seamlessly translated the latest technologies applied in other industries through the healthcare lens. They are cracking the code on automating not only improved care delivery but also sustained culture change. This is making medicine cool again!”

Clarify Health’s cloud-based, data lake architecture seamlessly integrates clinical, claims, social determinant and patient-reported data, and then applies the industry’s most advanced, AI-driven analytics engine to help organizations:

  • Illuminate: Rapidly link siloed data sets at individual patient level to unmask addressable variation and immediately generate care improvement insights.
  • Design: Use predictive analytic models trained on data from over 100 million lives to quickly identify which risk to take and with whom to partner. Test attribution methods, determine which episodes of care are optimal for bundled payment programs, make critical design decisions (e.g., duration, exclusions), and understand the range of acceptable prices to accept.
  • Negotiate: Confidently negotiate with payers to ensure final population and bundled payment arrangements will lead to success.
  • Deliver: Easily track current and expected performance in any risk-based program, rapidly surface actionable insights on variation in care, identify highest-priority improvement opportunities (e.g., care network and model design), automatically calculate and distribute bonuses, and dynamically guide patients through personalized journeys of care.
  • Scale: Seamlessly manage across multiple reimbursement and risk arrangements, align physicians and partners, increase margins and re-invest in growth.

“The Clarify team is deploying novel approaches to aggregate and unlock the full potential of patient-level data,” said Niall Brennan, president of the Health Care Cost Institute (HCCI) and former chief data officer for CMS. “The team has developed an elegant solution to solving the problem of simultaneously managing multiple value-based payment models which has exciting, industry-wide applications for providers, payers, pharma, medical devices and government. Anyone seeking to optimize on delivering the Quadruple Aim should take note—and more importantly take action.”

About Clarify Health Solutions
We believe that together, we deliver better care. Clarify Health delivers the insights and digital solutions that empower physicians, health systems and payers to optimize care and thrive in a value-based world. The Clarify Health platform seamlessly integrates powerful analytics, artificial intelligence, real-time patient navigation and smart workflows to proactively guide patients and their caregivers through personalized care journeys. Providers and payers receive faster, more actionable insights to deliver optimal care. Clarify Health brings together committed and passionate colleagues with backgrounds in big data and AI engineering from financial services together with extensive clinical operations expertise. The team has a track record of achieving over $1 billion in improvement at more than 125 health systems, payers and pharmaceutical companies, and deploying cloud-based software at over 5,000 institutions.  For more information, please visit http://www.clarifyhealth.com.

Media Contact: Lisa Chernikoff, Amendola Communications for Clarify Health, 734-678-5513, [email protected]

 

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SOURCE Clarify Health Solutions

SAN FRANCISCO, Oct. 31, 2017 /PRNewswire/ — Salesforce [NYSE: CRM], the global leader in CRM, today announced that Salesforce was named a leader by Forrester Research in its report The Forrester Wave™: Low-Code Development Platforms for AD&D Pros, Q4 2017. The report evaluated 13 vendors based on 26 criteria grouped into three categories: current offering, strategy and market presence.

Salesforce (PRNewsFoto/salesforce.com)

Among the reviewed vendors, Salesforce received the highest score in the strategy category and the highest possible score in the market presence category. The report states that Salesforce’s “low-code platform is closer to a unified developer experience now than it has been in many years. Why? Salesforce now includes its Sales and/or Service Cloud applications in its low-code platform, and it has finally integrated modern Lightning UX. Salesforce’s cloud services are very mature and used at scale, and the vendor’s AppExchange marketplace and Trailhead developer learning program set the standard for those services among low-code platform vendors.”

“IT leaders count on developers to drive digital transformation throughout the business. Those developers need two things: powerful, easy-to-use application development tools and the training to use them efficiently,” said John Wookey, EVP of Platform, Salesforce. “With the Salesforce Platform, we’re empowering developers—including admins and business users—with low-code tools to build apps for any business need and Trailhead, Salesforce’s gamified learning platform that provides free, guided learning paths for developers of all skill levels.”

Building the Next Generation of AI-Powered Apps with Einstein and Lightning
Salesforce Einstein is fully integrated in the Salesforce Lightning Experience to deliver the best set of tools for developers and bring the power of artificial intelligence to every Salesforce user. Additionally, with Einstein Language and Einstein Vision APIs, users can build AI-powered apps fast by making the power of image recognition and natural language processing accessible to anyone, regardless of skill level.

Leading Companies Develop Powerful Apps with the Salesforce Platform
With the Salesforce Platform, developers are empowered to quickly build and deploy trusted cloud applications that are rock solid, secure, and scalable without worrying about hardware provisioning or application stacks. With more than 6 million apps created and over 4 million developers, Salesforce is the trusted and proven platform for innovative companies around the world.

Additional Information
The Forrester Wave: Low-Code Development Platforms, Q4 2017 is available here: https://sfdc.co/SFuuj

Connect with Salesforce

About Salesforce
Salesforce, the global CRM leader, empowers companies to connect with their customers in a whole new way. For more information about Salesforce (NYSE: CRM), visit: www.salesforce.com.

Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase Salesforce applications should make their purchase decisions based upon features that are currently available. Salesforce has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol “CRM.” For more information please visit http://www.salesforce.com, or call 1-800-NO-SOFTWARE.

 

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SOURCE Salesforce

SAN JOSE, Calif., Oct. 31, 2017 /PRNewswire/ — ServiceAide®, Inc., a global provider of service management solutions today unveiled its unique Artificial Intelligence (AI) powered virtual support agent – Luma™ for its Cloud Service Management™ products. Unlike other approaches that try to apply AI and/or chatbots to existing processes, ServiceAide reinvented how tickets for customer support and IT Service Management (ITSM) are processed. Organizations now have a total service experience for customers, end-users of IT resources, support personnel, and managers that breaks through longstanding efficiency and satisfaction limits.

ServiceAide, Inc. Logo (PRNewsfoto/ServiceAide, Inc.)

ServiceAide estimates that reassignments, mean time to resolution, and ticket cost will all be reduced by more than 30% by using Luma to

  • Confirm resolution satisfaction; an activity that consumes up to 30% of support analyst’s time
  • Increase self-service (zero-touch) and first-contact resolutions that in turn reduce ticket volumes and costs
  • Remove frustration, time, and cost by generating tickets that contain the information and context needed to expeditiously assign, diagnose, and resolve tickets without filling out forms, sending emails, and making call-backs for clarification when incidents and requests for service require human support

Because Luma creates tickets with thorough details, the information is readily usable for adding articles to a knowledge base, further increasing service efficiency and satisfaction. Additional benefits and efficiency gains for support analysts and managers are made possible by conversationally interacting with their service desk to resolve tickets and access operational data.

“Every organization relies on technology, which makes effective customer support and ITSM critical to maximize customer retention, productivity, job satisfaction, competitive advantage, and availability of IT services,” said Wai Wong, ServiceAide’s CEO. “The only way to consistently increase efficiency and business value for everyone in the support chain was to break away from traditional ticket processes and provide holistically integrated AI powered service management solutions.”

About ServiceAide
Provides customer support and service management solutions to a growing global portfolio of clients who benefit from efficient ticket processing to deliver excellent customer service. IT Service Management functionality ensures that IT systems meet service level agreements and business objectives. The solutions feature configurable ticket management, ITIL-certified processes, scalability, data connectivity, artificial intelligence, and a virtual support agent; all with a low administrative burden and cost of ownership. For more information, visit www.serviceaide.com.

 

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SOURCE ServiceAide, Inc.

FREMONT, California, Oct. 31, 2017 /PRNewswire/ — When talking about the Silicon Valley, most people usually think about Apple, Google, Facebook, Startups and New-Technologies… But it has also been the seedbed of innovation for advanced electronic manufacturing industry.

Asteelflash logo

That’s why Asteelflash is now implementing a pilot program at its Fremont, California facility targeted towards the Smart Factory. Through automation first, with the installation of collaborative robots and connected equipment bringing real time data. Secondly through a proprietary revolutionary supply chain platform combining artificial intelligence and machine learning. Part of a global initiative across the 18 locations of the Group, it will change the way products are currently being built, increasing productivity and ultimately strengthening its customers’ competitiveness.

By placing automation as a strategic initiative, Asteelflash strive to improve the processes, to enhance productivity but also to develop the teams working collaboratively on more advanced projects, moving away from the idea of manufacturing as a simple execution rather than a sequence of smart and optimized processes.

Albert Yanez Sr., Corp. Executive VP of Asteelflash Group & President of Asteelflash Americas “Fremont facility is definitively a strategic location. We want to be as close as possible from the Silicon Valley to stay at the edge of the innovation and bring our customer the best solution to their needs. The Smart Factory initiative is definitively a way to provide a better service to our customers but also to rationalize our processes and build intelligence around it.”

This is currently the most aggressive era in terms of innovation, from advanced manufacturing to machine learning, Artificial Intelligence (AI) and the Internet of Things (IoT), being located in the Silicon Valley is definitely a strategic and competitive advantage when bringing a new product to market.

Discover now Fremont Smart Factory by watching this video > https://youtu.be/B3qPhI9AaCs

Asteelflash Fremont
4211 Starboard Dr.
94538 Fremont
Contact: [email protected]  
+1-510-440-2840

 

 

 

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SOURCE Asteelflash

LAS VEGAS, Oct. 31, 2017 /PRNewswire/ — Remark Holdings, Inc. (Nasdaq: MARK), a global digital media and technology company, announced that it is partnering in China with Acxiom® (Nasdaq: ACXM), the data foundation for the world’s best marketers.  Acxiom will work closely with Kankan, Remark’s data and AI offering, and together they will provide research and targeting solutions for a list of clients.

“Kankan’s data sources are unique and are derived from their longstanding Alibaba, Tencent and other third-party partnerships.  On a case-by-case basis, they will enable us to provide a deeper level of insight to assist our clients’ growth in China,” commented Frederic Jouve, CEO of Acxiom China. “We are excited about this partnership and are looking to extend it beyond China with additional insights available utilizing Kankan’s AI portfolio of solutions. When brands better understand consumers’ needs and preferences, consumers have a much better experience with the brands they love.”

Kankan has spent time building one of the world’s largest data connection networks, comprising 1.3 billion active user profiles, 14 billion images and videos, 22 billion posts and over 130 billion comments and reviews. Kankan is a leading platform that aggregates e-commerce and social media data which provides valuable insights on the vast majority of the Chinese population. Mining such data has enabled the company to build best-in-class consumer segments – used for both research and targeting.

“With the shift going on in media targeting globally, we are well-poised to help leading brands and agencies target customers and prospects far more efficiently to ensure the right message is delivered to the right audience at the right time,” said Kai-Shing Tao, Remark Holdings’ Chairman and CEO. “We are naturally delighted and proud that a leading company like Acxiom has asked us to partner with them, and we look forward to a long-term, mutually beneficial partnership.”

Remark_LogoLOGO

About Remark Holdings, Inc.

Remark Holdings, Inc. (Nasdaq: MARK) primarily focuses on the development and deployment of artificial-intelligence-based solutions for businesses and software developers in many industries.  Additionally, the company owns and operates digital media properties that deliver relevant, dynamic content. The company is headquartered in Las Vegas, Nevada, with additional operations in Los Angeles, California and in Beijing, Shanghai, Chengdu and Hangzhou, China. For more information, please visit the company’s website at www.remarkholdings.com.

About Acxiom

Acxiom provides the data foundation for the world’s best marketers.  We enable people-based marketing everywhere through a simple, open approach to connecting systems and data that drives seamless customer experiences and higher ROI.  A leader in identity and ethical data use for more than 48 years, Acxiom helps thousands of clients and partners around the globe work together to create a world where all marketing is relevant.  Acxiom is a registered trademark of Acxiom Corporation.  For more information, visit Acxiom.com.

Investor Relations Contact:  
Douglas Osrow   
Remark Holdings, Inc.  
[email protected] 
702-701-9514 ext. 3025

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SOURCE Remark Holdings, Inc.

SAN FRANCISCO, October 31, 2017 /PRNewswire/ —

The global retail sourcing and procurement market is expected to reach USD 2.74 billion by 2025, according to a new report by Grand View Research, Inc. Increasing centralization in procurement processes and better visibility in sourcing related data has been a major factor driving market growth. In addition, recent development of Artificial Intelligence (AI), cloud computing, and Internet of Things (IoT) and its implementation across retail procurement processes also paved the way for greater development of retail software and solutions.

     (Logo: http://photos.prnewswire.com/prnh/20160524/371361LOGO )

With rise of internet shopping and major shifts in consumer buying patterns, different trends are re-shaping the retail industry in the last few years. With a cutthroat competition, retailers are struggling to maintain and find profitability, thus, initiating them to take a defensive stance. Rising expenses, loss of sales productivity, and real-time buying trends are indulging retail businesses to adopt sourcing and procurement tools in order to cope up with the customer demand. Moreover, retailers need to look at their cost structures in order to decide their staffing, pricing, and operations.

Retail and procurement consulting was the largest service category in 2016 and is expected to maintain a comparatively low growth rate over the forecast period. It constituted with a share of about 38% in 2016. Cloud deployment in retail sourcing and procurement is expected to observe the fastest growth over the next nine years with an estimated CAGR of around 12.1% from 2017 to 2025. Procurement cloud helps to streamline source-to-pay process through social collaboration and automation, thus, achieving high margins by controlling costs. Additionally, cloud based software supports seamless accessibility without additional IT effort to the device.

Browse full research report with TOC on Retail Sourcing And Procurement Market Analysis By Solution type, By Service Type (implementation, consulting, training & support), By Deployment Type, By End-use Type, And Segment Forecasts, 2014 – 2025 at: http://www.grandviewresearch.com/industry-analysis/retail-sourcing-procurement-market

Further Key Findings From the Report Suggest: 

  • The global retail sourcing and procurement market is expected to grow at a CAGR of 11.5% from 2016 to 2025
  • Procure to pay emerged as the largest solution segment in 2016 and is estimated to generate revenue over USD 1,977.9 million by 2025
  • Global retail sourcing and procurement demand in spend analysis was USD 377.2 million in 2016 and is anticipated to witness staggered growth over the next nine years
  • The U.S. large enterprise market for retail sourcing and procurement was 516.2 million in 2016 and is estimated to reach a total volume of over 1,288.2 million by 2025
  • The industry in Asia Pacific is projected to witness substantial growth over the next decade owing to various developments across major economies, especially in the Internet of Things (IoT) and artificial intelligence technologies. The regional market is expected to grow at a CAGR of 12.9% from 2017 to 2025
  • Key players including SAP SE, Oracle, SciQuest, and IBM Corporation dominated the global retail sourcing and procurement market while accounting for over 78% of the total revenue in 2016

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Grand View Research has segmented the global retail sourcing and procurement market on the basis of solution, services, deployment, end user, and region: 

  • Solution Outlook (Revenue, USD Million, 2014 – 2025)
    • Strategic sourcing
    • Supplier management
    • Contract management
    • Procure-to-pay
    • Spend Analysis
  • Service Outlook (Revenue, USD Million, 2014 – 2025)
    • Implementation
    • Consulting
    • Training & Support
  • Deployment Outlook (Revenue, USD Million, 2014 – 2025)
    • On premise
    • Hybrid
    • Cloud
  • End Use Outlook (Revenue, USD Million, 2014 – 2025)
    • Small & Medium Enterprise (SME)
    • Large Enterprise
  • Regional Outlook (Revenue, USD Million, 2014 – 2025)
    • North America
      • U.S.
      • Canada
    • Europe
      • UK
      • Germany
    • Asia Pacific
      • China
      • India
      • Japan
    • Latin America
      • Brazil
      • Mexico
    • Middle East & Africa 

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About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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