New SEMI Japan President to Drive SEMI 2.0 in Japan

MILPITAS, Calif., Jan. 2, 2018 /PRNewswire/ — SEMI today announced the appointment of Masahiko (Jim) Hamajima as president of SEMI Japan. Reporting to SEMI president and CEO Ajit Manocha, Hamajima assumes profit and loss (P&L) responsibility for SEMI Japan and leadership of SEMICON Japan along with all regional programs, events, and initiatives including SEMI Standards and industry advocacy. With more than 325 members, SEMI Japan plays a critical role in SEMI’s global industry association, representing more than 2,000 companies worldwide in the electronics manufacturing supply chain.

SEMI® connects 2,000+ member companies and 1.3 million professionals worldwide to advance the technology and business of electronics manufacturing. SEMI members are responsible for the innovations in materials, design, equipment, software, devices, and services that enable smarter, faster, more powerful, and more affordable electronic products. SEMI builds connections that help its members prosper, create new markets, and address common industry challenges together. Visit http://www.semi.org

With all-time records expected in 2017 for global semiconductor revenue at $400 billion (USD), semiconductor equipment revenue at $56 billion (USD), and semiconductor materials revenue at $48 billion (USD), Japan is an essential global player and has seen very strong recent growth.  Japan supplies nearly one-third of the world’s semiconductor equipment and more than half all wafer fab materials. As semiconductor manufacturing continues its strong global growth, SEMI Japan role in connecting SEMI member companies in Japan with opportunities to collaborate and innovate with companies worldwide will take on increasing importance in enabling members’ growth and prosperity. 

“With his long leadership experience at TEL, the largest semiconductor equipment company in Japan (and in the top-five globally), Jim understands the challenges and opportunities facing Japan as the global electronics manufacturing supply chain expands and evolves,” said Ajit Manocha, president and CEO of SEMI. “Jim’s solid track record in heading ambitious business transformations makes him the ideal choice to lead SEMI Japan in SEMI’s 2.0 initiative. Jim will drive critical initiatives such as workforce development, greater environmental health and safety (EH&S) intensity, and new vertical application collaborations – like Smart Data and Smart Transportation that sharpen the industry’s focus on Artificial Intelligence (AI) and Machine Learning.”

Hamajima brings more than 30 years’ experience in the semiconductor equipment industry in Japan and the U.S. and a comprehensive understanding of the global industry. Starting at Tokyo Electron Ltd. (TEL) in diffusion, Hamajima later held vice president positions overseeing multiple product lines at Tokyo Electron America and later for Cleaning Systems in Japan. Hamajima’s experience includes leading complex integrations as senior vice president at Timbre Technologies and as vice president and general manager at TEL-FSI. Prior to joining SEMI, Hamajima served as vice president and general manager of Corporate Strategy at TEL. Hamajima holds a Bachelor of Science degree in Metallurgy from the Nagoya Institute of Technology.

“I would also like to thank Osamu Nakamura for his important contributions, first as a SEMI Japan Regional Advisory Board member, later as a SEMI International BOD member and most recently as president of SEMI Japan, culminating in the very successful SEMICON Japan 2017 in mid-December,” commented Manocha. “I appreciate Osamu remaining as an advisor through the next several months to ensure a smooth transition and wish him a very happy retirement.”

About SEMI
SEMI® connects over 2,000 member companies and 1.3 million professionals worldwide to advance the technology and business of electronics manufacturing. SEMI members are responsible for the innovations in materials, design, equipment, software, devices, and services that enable smarter, faster, more powerful, and more affordable electronic products. FlexTech and the MEMS & Sensors Industry Group (MSIG) are SEMI Strategic Association Partners, defined communities within SEMI focused on specific technologies. Since 1970, SEMI has built connections that have helped its members prosper, create new markets, and address common industry challenges together. SEMI maintains offices in Bangalore, Berlin, Brussels, Grenoble, Hsinchu, Seoul, Shanghai, Silicon Valley (Milpitas, Calif.), Singapore, Tokyo, and Washington, D.C.  For more information, visit www.semi.org and follow SEMI on LinkedIn and Twitter.

 

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SOURCE SEMI

U.S. Wage Growth Stagnant In December, Up 1.1 Percent Year Over Year

MILL VALLEY, Calif., Jan. 2, 2018 /PRNewswire/ — According to job site Glassdoor, the annual median base pay in the United States grew 1.1 percent year over year (YOY) in December 2017 to $51,210. The Glassdoor Local Pay Reports show pay growth ticked up slightly from a revised 1.0 percent growth last month. Pay growth peaked in January 2017 at a revised 3.5 percent.

Glassdoor

The Glassdoor Local Pay Reports provide a unique monthly view into the country’s wage picture with salary estimates for nearly 85 job titles and year-over-year pay growth trends in the United States. The reports include details on 10 major metros: Atlanta, Boston, Chicago, Houston, Los Angeles, New York City, Philadelphia, San Francisco, Seattle and Washington, D.C.1

“U.S. wage growth remains weak as we close out the year, having experienced a sharp decline from a peak of 3.5 percent in January 2017 to this month’s 1.1 percent. This stagnation is part of the continued recovery after the large dip in pay growth in May, June and July of 2017, likely due to the changing composition of the U.S. workforce. As the economy improved, many sidelined workers rejoined the labor market at below-average wages to get their foot in the door with employers. This impacted overall U.S. pay and is likely the reason for the dip and slower recovery,” said Dr. Andrew Chamberlain, chief economist of Glassdoor.

Health Care Remains Strong Amidst Overall Slow Pay Growth
While many industries are seeing slow growth or declines in wages, health care remains strong with many positions seeing pay increases. Medical technologist saw the biggest median base pay increase overall, up 6.2 percent to $55,670, while emergency medical technician also saw big gains (up 3.8 percent to $35,259). Other health care positions, including certified nursing assistant (up 2.1 percent to $28,719); licensed practical nurse (up 2.0 percent to $41,676); pharmacist (up 2.0 percent to $128,215); and pharmacy technician (up 2.0 percent to $30,329), all bucked the U.S. trend with pay growth at 2.0 percent or above.

“While many positions are seeing stark declines in wages, health care jobs continue to record positive pay growth. These highly specialized roles remain in demand as our population ages, which means workers in a variety of health care fields will have the upper hand in wage discussions. Given the ongoing health care debate in Washington, we anticipate this trend to continue well into the new year,” continued Chamberlain.

E-Commerce and Brick-and-Mortar Pay on the Rise
MasterCard SpendingPulse noted a 4.9 percent increase in sales2 this holiday season, setting a new record for dollars spent, and this positive shopping season helped fuel salary increases among retail roles. E-commerce positions saw gains at three times the national average, including warehouse associates (up 4.1 percent to $42,361), truck drivers (up 3.4 percent to $53,043), and delivery driver (up 3.3 percent to $38,142). Brick-and-mortar positions also saw positive gains throughout December, including cashiers (up 3.6 percent to $27,692) and buyers (up 2.2 percent to $56,774).

“Although the brick-and-mortar retail sector struggled overall in 2017, the industry is shifting its focus towards more pleasant in-store experiences, with sales associates who can help customers navigate a complex product space. That means the in-store jobs that survive this retail shake-up may be higher skilled — and higher paid — in the future,” said Chamberlain.

Tech Sector Wages Mixed; AI and Automation Impacting Traditional Jobs
Technology industry wages are slowing and YOY pay growth is 0.5 percent, down from 3.0 percent in December 2016. Some positions are seeing gains, like technical support (up 3.5 percent to $45,526) and web developer (up 2.4 percent to $64,050), but others like java developer (down 2.5 percent to $73,029) are seeing steep declines. The demand for data scientist roles is also leveling off: Median base pay for data scientists ($95,713) and data analysts ($58,855) were up 1.1 percent in December, on par with the overall U.S. average.

Automation and artificial intelligence (AI) is beginning to impact traditional roles and wages are starting to decline among positions that are being replaced by these new technologies, including loan officer (down 6.1 percent to $42,983), machine operator (down 1.9 percent to $38,460) and office manager (down 1.1 percent to $44,958).

“Apps, automated processes and new software are beginning to replace many of the responsibilities traditionally done by people — like AI meeting schedulers and automated credit approval processes, and this is starting to impact wages for these roles,” continued Chamberlain. “On the flip side, the interest in data science has led to an influx of new workers in this field, dampening the rapid pay gains for data roles we have seen in recent years.”

Other jobs experiencing the biggest declines in YOY pay growth in December, bartender (down 6.6 percent to $30,604), civil engineer (down 1.5 percent to $66,008) and maintenance worker (down 1.4 percent to $39,451) topped the list.

 Jobs with the Fastest Pay Growth

Rank

Job Title

% Wage Growth YoY
(Dec 2016-Dec 2017)

Median Base Pay

1

Medical Technologist

6.2%

$55,670

2

Restaurant Cook

4.8%

$28,563

3

Paralegal

4.8%

$48,900

4

Warehouse Associate

4.1%

$42,361

5

Design Engineer

4.0%

$72,514

6

Emergency Medical Technician

3.8%

$35,259

7

Cashier

3.6%

$27,692

8

Bank Teller

3.5%

$28,792

9

Technical Support

3.5%

$45,526

10

Truck Driver

3.4%

$53,043

For a list of jobs with the biggest pay declines, visit the Glassdoor Economic Research blog

Fastest Pay Growth in San Francisco and Boston; Houston Sees Negative Wage Gains
Among the 10 metros tracked, wage growth was fastest in San Francisco (up 2.0 percent to $68,078), and Boston (up 1.8 percent to $58,544). Houston experienced the weakest pay growth again in December, and fell YOY (down 0.3 percent to $54,292).

Wage Growth by U.S. Metro

Rank

Area

% Wage Growth YoY
(Dec 2016-Dec 2017)

Median Base Pay

United States

1.1%

$51,210

1

San Francisco

2.0%

$68,078

2

Boston

1.8%

$58,544

3

Seattle

1.6%

$60,339

4

Los Angeles

1.5%

$59,655

5

Washington DC

1.5%

$59,014

6

New York City

1.3%

$60,487

7

Atlanta

1.0%

$52,842

8

Chicago

0.6%

$55,486

9

Philadelphia

0.4%

$54,132

10

Houston

-0.3%

$54,292

For more on jobs with the highest and lowest pay, visit the Glassdoor Economic Research blog

The full data sets for the Glassdoor Local Pay Reports can be found on the Glassdoor Economic Research site, along with report methodology and Frequently Asked Questions.

To read more trends and insights from Chamberlain on this month’s report or his predictions regarding the December Bureau of Labor Statistics (BLS) Employment Situation Report, visit the Glassdoor Economic Research blog.

Any individual can also keep tabs on their personal worth in their local job market through Know Your Worth by Glassdoor. Visit Glassdoor or download the Glassdoor Job Search apps for iPhone or Android.

To speak with Dr. Chamberlain regarding the Glassdoor Local Pay Reports or his predictions for this month’s jobs report: pr@glassdoor.com.

About Glassdoor
Glassdoor is one of the largest and fastest growing job sites in the world today. Set apart by the tens of millions of reviews and insights provided by employees and candidates, Glassdoor combines all the jobs with this valuable data to make it easy for people to find a job that is uniquely right for them. As a result, Glassdoor helps employers hire truly informed candidates at scale through effective recruiting solutions like job advertising and employer branding products. Launched in 2008, Glassdoor now has reviews and insights for more than 700,000 companies in more than 190 countries. For labor market trends and analysis, visit Glassdoor Economic Research. For company news and career advice and tips, visit the Glassdoor Blog and for employer-related news and insights to help employers hire, visit the Glassdoor for Employers Blog. Visit Glassdoor.com or download our apps on iOS and Android platforms.

Glassdoor® is a registered trademark of Glassdoor, Inc.
Know Your Worth, Salary Explorer and the Glassdoor logo are trademarks of Glassdoor, Inc.

1 For full methodology of the Glassdoor Local Pay Reports and how salary estimates are compiled, visit: https://www.glassdoor.com/research/studies/glassdoor-local-pay-reports-methodology/.

2 MasterCard Spending Pulse 2017: https://newsroom.mastercard.com/press-releases/mastercard-spendingpulse-retail-sales-grew-4-9-percent-this-holiday-season/

 

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SOURCE Glassdoor

"Global Top Brands", Lead New Trends in Consumer Electronics Industry

LAS VEGAS, Jan. 2, 2018 /PRNewswire/ — The 2017-2018 Annual Awards Ceremony for “Global Top Brands”, sponsored by the International Data Group (IDG), will be held concurrently with Consumer Electronics Show (CES), reviewing the 2017 brands and products that lead the rapid innovation and iteration of consumer electronics. The theme of this year’s event is “Wisdom creates brands, Start New Ecology of Consumption”. As one of the largest science and technology exhibitions in the world, CES, with 50 years of history, has become a window for various types of consumer electronics manufacturers to launch new products, display high-tech applications and promote future lifestyles.

The show will usher in the wave of smart devices, focusing on the rapid development of the industry to bring changes in people’s lives in all aspects. “Global Top Brands”, together with the International Consumer Electronics Leadership Roundtable Dialogue, will provide people with a must-attend industry event.

New Style of Smartness and New Ecology of Consumption

More connected, more interactive and more energy efficient. The continuous upgrading of digital technologies and smart products has brought consumers a rich and colorful digital life. In the past the global consumer electronics technology was created and developed rapidly. It was also an important stage for the rapid expansion of China’s consumer electronics market and the upgrading of its industrial structure.

Consumer electronics has become an important engine of the electronic information industry. With the introduction of the policy on promoting the in-depth integration of the Internet, big data, artificial intelligence and real economy, the Internet market in China country has gradually become more mature. The applications in the big data industry have been hammered down and the innovative applications in the field of artificial intelligence have led the way. IDC predicts that the overall IT market in China will enter a period of adjustment while the market related to innovative accelerators in the industry, such as cloud computing, big data, mobile Internet, the Internet of Things, enhanced virtual reality and robotics, will still maintain a rapid growth of more than 15%.

As China’s consumer electronics industry strives to get out of the processing mode and seek a transformation, the four major trends in global industrial development, namely, green technology, tininess but elegance, internet of everything and integrated design, bring enterprises new opportunities. The high-performance portable electronic products using green technology, which is the combination of a realistic design and a virtual online world, bring a great opportunity for manufacturers to develop popular products so as to consolidate the international brands and achieve higher profits for a long-term sustainable development. The new business mode of the consumer electronics industry integrated with network, services and content provides the consumer electronics manufacturers with a new channel in addition to a large scale of distributors. “Global Top Brands”, a selection event of global top brands, tries to select the qualified brands under a background in the development of the industry, under strict expert evaluation criteria on the market share of brand enterprises, overseas strategic planning, overseas brand recognition, independent innovation and quality management system, highlighting the charm of self-owned brands attracting the market.

Smart Brands Create Prestige

Hosted by the International Data Group (IDG) and co-organized by IDC. “Global Top Brands”, is aimed at showcasing consumers around the world the corporate identity of global consumer electronics brands and reinforcing the image of consumer electronics enterprises in the international market so as to promote the development of the global consumer electronics industry. This year’s event is themed “Smart Brands, opening up New Ecology of Consumption” was reviewed in all aspects through voting, such as authoritative selection of third-party data, official websites, science and technology portals, as well as the selection of the world’s senior manufacturers, institutions and judges. A total of six awards, including The 2017-2018 Top CE Brands Top10, The 2017-2018 Global Smart Appliances Brands Top 10, The 2017-2018 Global Smartphone Brands TOP 20, The 2017-2018 Global Top 50 CE Brands, The 2017-2018 Global Smart Connected Device Brands Top 20 and The 2017-2018 Global TV Brands Top 15, will be presented.

On the occasion, a roundtable dialogue of international consumer electronics leaders bringing together the industry’s giants and focusing on cutting edge issues such as the development trends of consumer electronics, the iteration of innovative technology and the transformation of “smart manufacturing” will bring spectacular brainstorming to the audience. The innovation of technologies and business model will continue to promote the development of the consumer electronics industry, in all aspects. Electronic devices are gradually realizing a full interoperability; in terms of the business model, the mobile Internet, e-commerce and social networks are becoming more mature while consumers are exposed to the contents with more freedom and convenience making the consumer electronics industry pay more attention to the delivery of content and the service value; the demand of consumers for content services will further promote the technologies with key changes. “Global Top Brands”, an annual selection event, is keen to capture the development trends of the industry and build a mutually beneficial bridge for brand manufacturers and consumers.

The increasingly fierce competition in the consumer electronics industry has lifted the threshold for foreign enterprises to enter the consumer electronics industry when promoting the integration of resources, making the number of global consumer electronics brands continue to decline while the concentration of brands and OEMs go higher and higher.

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SOURCE IDG China

Intelligent marketing, an efficient way to "keep a clear idea" of the offline business

BEIJING, Jan. 2, 2017 /PRNewswire/ — During the recent Koubei Dec. 12 Carnival, people across the nation have enjoyed a great time going shopping, eating and drinking. Many shopping malls and offline stores have created their transaction records of the year. Koubei has even created a brand-new data record. According to official news release, stores from over 300 cities across the nation have participated in the carnival. On the single day of Dec. 12th,  Koubei has successfully helped its clients to distribute more than 140 million coupons, and by means of this created more than 65 million transactions. In the meantime, due to the favor of the Dec. 12 carnival, the download volume of Koubei App has experienced a skyrocketing rise, ranking No. 1 on the day of Dec. 12.

Behind the beautiful data of Koubei is the support from the ecological strategy that it has established. Since Koubei was launched in Beijing in the year 2016 and began its industry solution program implementation strategy across the country, Yuzong has been undertaking the implementation of the strategy during its dozens of solution program release conferences throughout the year. Yuzong is a company specializing in internet CRM tool development and marketing service implementation. Yuzong is the strategic core partner of Koubei. In the meantime, Koubei has also invested in Yuzong during its round A funding.

The year 2017 has witnessed the great popularity of artificial intelligence, and the quick spreading of the new consuming habits. The intelligent marketing solution program of Yunzong has upgraded in the meantime, completing upgrading of internet CRM 2.0 in the first place, thus taking the lead in the internet CRM domain again. The upgrading has proved its value during the Dec. 12 carnival: During the Dec. 12 carnival of 2017, over 90,000 stores of Yunzong participated in the offline carnival activities. On the single day of Dec. 12, Yunzong has helped the stores to create a total revenue of 280 million RMB through ZongHengKe. Because of this, on the 15th  China Internet Economic Forum held on 18th, Dec., Yunzong was awarded “The Best Investment Value Prize”. The prize does not only reflect the success of Yunzong, but also reflect the preference of the capital market on the emerging service type enterprises.

Fig.:Yunzong was awarded the “The Best Investment Value Prize” in the 15th, China Internet Economic Forum

What has the stores gained from the Dec. 12 living service carnival?

The essence of commerce is always to make profit. No matter which means of marketing, the goals of the offline stores remain the same, i.e., stick to the key aspects such as accumulating new consumer members, increasing re-consuming rate, increasing the amount of transaction, reducing operation cost and improving efficiency to ensure better profit. The success of the 2017 Dec. 12 does not only derive from the strong discounts of 50%, or the ever improving consuming ability. At the same time, it also reflects the primary effects of the permeation and transformation of the internet marketing tools on the offline businesses. The living service stores has started to improve the efficiency and drive the consuming potential of the consumers by adopting such internet tools and technologies such as data analysis, precise marketing, etc. 

Take Banmuyuan Fast Food Franchaise as an example, it realized a revenue increase of 63,000RMB on the day of Dec. 12, which is 3 times that of an ordinary day. There was a new consumer member increase of 12000, which is 12 times that of an ordinary day. A total of 38,000 coupons were distributed during the Dec. 12 carnival, resulting in a consuming rate as high as 26%, which is much higher than the average of the industry. In the meantime, the single transaction amount has also increased by 72%. All these legendary marketing effects were all due to the application of the Yunzong ZongHengKe CRM 2.0.

Fig.: Mu Yue, general manager of the Yunzong Catering Business department, interpreted the value of ZongHengKe on the 15th China Internet Economic Forum

The commercial logics behind the intelligent marketing

Offline marketing upgrading of intelligent marketing is no longer a new concept. And the commercial logics behind CRM 2.0 is also very easy to understand.

An accurate customer portrait system is undoubtedly the basis and precondition of CRM 2.0 consumer member marketing management. Take ZongHengKe as an example. ZongHengKe makes use of the data interfaces of Zhifubao and Koubei, and collects the customer consuming data and basic information through multi-dimensions. Based on this, it conducts precise analysis and guidance on the consumer flow, creating a set of most standardized, effective and complete consuming information and record, creating a more precise “portrait” of the consumer based on the consuming data, making it clear to the stores who are their customers, as well as their habits and characteristics such as their preferences, consuming abilities, consuming frequencies, etc. Furthermore, it could help the stores design marketing activities which matches the characteristics of the customers, increasing the re-consuming rate and thus realizing real intelligent marketing. However, this seaming complicated calculation process would all be completed by the ZongHengKe system and the customer is only required the most basic operation and output.

Despite of all these, the application of internet tools in offline areas which has relatively low degree digitization and information does not only need the tools themselves, but also need the guidance and training of the internet enterprises to assist its realization. After all, the tools are valueless by themselves, and would only become the essential need of the customers when they are implemented.

For a local living service store, the value of internet marketing tools does not only lie in the skyrocketing rise in consumer flow after a single distribution of coupons, but also lie in the intelligent marking rules underlying such rise, which could enable them to consistently manage and operate the customers, and maintain revenue continuously.

The Dec. 12 Offline Carnival is not only a festival of the consumers, but also a festival of all the offline stores nationwide. It is a combination of offline commerce and the internet. It is an exploration attempt of upgrading and transformation. BAT is always influencing and defining the market and future. Yunzong, which is positioned as a local living service intelligent marketing operator, is a professional company which has emerged early during this offline commercial reformation. Yunzong is committed to “make offline business easier”, which is actually the common goal of the whole new retail platform and providers. The new consuming scenario does not need tools, but the implementation and application of artificial intelligence. The offline stores does not need stories, but to keep a clear idea of the offline business and to attract consumers in the store.

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SOURCE Beijiing Yunzong Information Technology Co.,Ltd.

Beyond Limits Selected for Prestigious 31st Annual 2018 Edison Awards

GLENDALE, Calif., Jan. 2, 2018 /PRNewswire/ — Beyond Limits, a developer of advanced artificial intelligence (AI) and cognitive computing solutions, today announced that they have been selected as a nominee for the 2018 Edison Awards.  Since 1987, the Edison Awards have recognized and honored the most innovative new products, services and business leaders in the world. The winners will be announced at the Edison Awards Gala in New York, NY on April 11, 2018.

Beyond Limits, launched in 2014, is a pioneering artificial intelligence company with a storied history in space exploration. Beyond Limits cognitive AI is inspired by the functional behaviors of the human brain to provide human-like cognition and reasoning. With 42 technologies developed for NASA’s famed Jet Propulsion Laboratory (JPL), tested and proven in programs like the Mars Rover missions, the company offers cognitive AI and reasoning systems available for the first time for commercial use. Powered by Beyond Limits innovations, the company’s technology is an evolutionary leap beyond conventional “machine” AI to a human-like ability to perceive, understand, correlate, learn, teach, reason and solve problems faster than existing AI solutions.

With technologies proven in the unknown and extreme environment of space, Beyond Limits delivers AI software capable of tackling complex industrial and enterprise challenges for leading global customers in energy, healthcare and financial services to transform their businesses and industrial operations.  Beyond Limits solutions are more flexible, powerful, and scalable than conventional AI, in a much smaller footprint, and are deployable on off-the-shelf hardware, in the cloud, on a chip, or embedded in a device.

Beyond Limits announced a Series B investment with BP Ventures, and has been mentioned in top press such as Forbes, Wall Street Journal, Fortune, Financial Times and more.

“It is an honor to be selected and highlighted as an innovative company by the Edison Awards,” says AJ Abdallat, CEO of Beyond Limits.  “Beyond Limits comes from the same scientific tradition as Thomas Edison, with a can-do attitude inspired by our NASA – JPL heritage of solving tough problems to benefit people around the world with cutting-edge AI solutions.”

The Edison Awards are inspired by Thomas Alva Edison, who received 1,093 U.S. patents because of his outstanding new product development methods.  Award winners represent “game changing” products and services, as well as excellence and leadership in innovation around four criteria: Concept, Value, Delivery, and Impact. 

The Edison Award is a prestigious accolade, honoring excellence in new product and service development, marketing, design and innovation.  The Edison Awards are an annual competition that honor innovation, recognize achievement and celebrate success from organizations across the globe. For more information on the Edison Awards, please visit www.edisonawards.com.

About the Edison Awards

Originally established in 1987 by the American Marketing Association, but an independent organization since 2008, the Edison Awards™ have recognized and honored some of the most innovative products and business leaders in the world and is among the most prestigious accolades honoring excellence in new product and service development, marketing, design and innovation. http://www.edisonawards.com/index.php

About Beyond Limits 

Beyond Limits is a pioneering Artificial Intelligence company based in Glendale, California, with a storied history in space and defense, notably AI technology developed at JPL that assisted operation of the Mars Rover Curiosity. From its origins at Caltech/JPL, the NASA facility in Southern California, Beyond Limits owns exclusive licenses to 42 blocks of sophisticated IP developed through NASA R&D investment, a $150 million AI technology head start.

Founded in 2014, Beyond Limits develops IP enhancements for NASA, and also drives new innovation on its mission to bring space program technology to commercial applications here on Earth. The company is a recognized AI leader with breakthrough cognitive technology that goes beyond conventional AI, binding deep learning and machine learning tools together with symbolic AIs that emulate human intuition. Beyond Limits cognitive agents are trained and deployed to solve a variety of industrial and enterprise problems in energy, fin-tech, healthcare, and logistics. For more information, please visit our website www.beyond.ai.

Media Contact:

Jennifer Rodriguez
Firecracker PR
1-888-317-4687
188082@email4pr.com

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SOURCE Beyond Limits

Seven Stars Cloud Provides Update on its 2018 Business Ecosystem and Organizational Plan

NEW YORK, Jan. 2, 2018 /PRNewswire/ — Seven Stars Cloud Group, Inc. (NASDAQ: SSC) (“SSC” or the “Company”), provided today an organizational elucidation to its business model and structure, intended to illuminate and further define its business ecosystem and underlying model.  SSC is aiming to become a next-generation and global Artificial Intelligence & Blockchain-powered disruptive financial services company offering a hybrid and value-add solution of digital asset risk management, securitization, tokenization and trading, all within its ecosystem.

Based on a “7-3-2-1” structural approach, Seven Stars Cloud will manage, discuss and/or report based on the following:

“7”: Seven Product Engines:

a.   

Credit & Supply Chain Finance Marketplace & AI-Enabled Risk Management;

b.   

Commodity Markets: Issuance & trading of indexes, futures and other derivatives backed by Big Commodities (energy, eg.) assets;

c.   

Currency Markets: Issuance & trading of indexes, futures and other derivatives backed by Global Currencies and combined top digital currencies portfolio;

d.   

Future Economy Index: Issuance & trading of Country Specific Future Economy Indexes (FEI)

e.   

Green Industries: Issuance & Trading of indexes and derivatives backed by “Green” Agricultural, Environmental and New Energy assets;

f.    

Intellectual Products (IP): Issuance & trading of futures and derivatives backed by or relating to all revenue, business and/or competitive facets of: movies, television, sports. Music, e-sports, games, brands, etc.;

g.   

Dynamic Business Intelligence Analysis

Grouped into “3” Technology Platforms (Dynamic Ontology Super Intelligence + Blockchain Based):

a.   

“Venus”: Powering the Credit & Supply Chain Finance Product Engine;

b.   

“Plutus”: Powering the Commodity Markets, Currency Markets, Future NEI, Green Industries and Intellectual Property Engines;

c.   

“Apollo”: Powering the Dynamic Business Intelligence Database

Which are Distributed via “2” Networks:

a.   

NextGen X IEO (“Initial Exchange Offering”): A global digital securitization offering & issuance network of exchange and Alternative Trading Services (ATS);

b.   

Financial Social Network: “Read and burn” instant messaging-based chatware as well as personalized content optimization and delivery, all intended to create ‘stickiness’ amongst the investment community user base

All of which combined create “1” Multi-Faceted Value Hub providing the following functionality:

a.   

Central Policy, self-regulation and self-government

b.   

Value storage and stability for digital securitization

c.      

Dynamic Epistemology: super intelligence to verify data before processing

d.   

Dynamic credit rating for digital assets

e.   

Stable collateral for credit

f.    

Decentralized exchange of tokens and currencies for payment in settlement network

g.   

Centralized blockchain and technology support

Seven Stars Cloud intends to carry out execution of the business plan strictly in accordance with the above roadmap, as it aims to become a next generation global financial services and fintech leader.

http://www.sevenstarscloud.com/

Safe Harbor Statement

This press release contains certain statements that may include “forward looking statements.” All statements other than statements of historical fact included herein are “forward-looking statements.” These forward looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects” or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Jason Finkelstein
Seven Stars Cloud Group, Inc.
646-532-6468
www.sevenstarscloud.com
@sevenstarscloud

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SOURCE Seven Stars Cloud Group, Inc.

Pareteum Showcases Efficiency of Global Cloud with Expedited Deployment of India Based Customer

NEW YORK, Jan. 2, 2018 /PRNewswire/ — Pareteum Corporation (NYSE American: TEUM), (“Pareteum” or the “Company”), the rapidly growing Cloud Communications Platform company, today announced services deployment to its first India based customer for their mobile subscribers. These services enable India home country usage, and seamless global service when  traveling or living abroad. Pareteum’s expedited deployment of the $3,000,000 agreement, announced in October, begins revenue generation in the first quarter of 2018, well ahead of scheduled backlog implementation.

Pareteum Corporation Logo.

As Pareteum’s first Global Cloud offering in India, subscribers are able to use our full suite of mobile enablement and connectivity services, plus mobile payments, including the most recently announced Blockchain support.  With over 299 Million Smart phones in India, according to Statistica, India is a concentrated global demographic, with a continued underserved communication need. Further, Statistica indicates the market for Connections is robust and micro-financing via mobile phones and Blockchain settlement are expected to increase market penetration. 

“This was a significant win for us in one of the largest growth areas in the world and to begin generating revenue from this new customer so quickly proves the power of our cloud model. Continuing to streamline the efficiency of our cloud deployments to get to revenue faster is one of our largest priorities as we kick off 2018,” stated Pareteum Chief Executive Officer Vic Bozzo.

Hal Turner, Pareteum’s Executive Chairman and Principal Executive Officer commented, “Service providers in India and the Indian subcontinent are seeking ways to ensure mobile access for their subscribers, to accelerate new services and innovation, and to serve their subscriber community, wherever they are in the world. Our first India located customer chose Pareteum because of our feature rich global platform and connectivity, with its developer Application Programming Interfaces (API) framework. Pareteum’s selection was based on the profitable customer value derived from our cloud, its connectivity, and the ease of doing business with us. Now, with our newly supported mobile payments and Blockchain capabilities plus their expectation of future mobile services and capabilities, ranging from Artificial Intelligence (AI), Machine Learning (ML) and Internet of Things (IoT), we expect to grow with our customer in India, and everywhere they choose to do business.”

About Pareteum Corporation
The mission of Pareteum Corporation (NYSE American: TEUM) is to connect “every person and everything”. Organizations use Pareteum to energize their growth and profitability through cloud communication services and complete turnkey solutions featuring relevant content, applications, and connectivity worldwide. By harnessing the value of communications, Pareteum serves retail, enterprise and IoT customers. Pareteum currently has offices in New York, Sao Paulo, Madrid, Barcelona, Bahrain and the Netherlands. For more information please visit: www.pareteum.com.

Forward Looking Statements:
Certain statements contained herein constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to Pareteum’s plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about Pareteum’s industry, management’s beliefs and certain assumptions made by management. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Because such statements involve risks and uncertainties, the actual results and performance of Pareteum may differ materially from the results expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Unless otherwise required by law, Pareteum also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made here. Additional information concerning certain risks and uncertainties that could cause actual results to differ materially from those projected or suggested in Pareteum’s filings with the Securities and Exchange Commission, copies of which are available from the SEC or may be obtained upon request from Pareteum Corporation.  

Contractual Revenue Backlog Definition: 
Contractual revenue backlog is measured on a forward looking 36 month snapshot view monthly, and, is generated by each of the Company’s Managed Services, Global Mobility Cloud, and Application Exchange & Developer’s Platform customers. The Pareteum multi-year Software-as-a-Service agreements include service establishment and implementation fees, guaranteed minimum monthly recurring fees, as well as contractually scheduled subscribers, in some cases including subscriber usage, during the term of the agreement, and, their resulting monthly recurring revenue. There can be no assurances that we reach the total revenue backlog. The revenue backlog assumes timing of revenue recognition that may vary from actual results.

Pareteum Investor Relations Contact:
Ted O’Donnell
Chief Financial Officer
(212) 984-1096
InvestorRelations@pareteum.com

Hayden IR
917-658-7878

 

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SOURCE Pareteum Corporation