Dahua launches its first Deep-learning Powered NVR IVSS

HANGZHOU, China, June 28, 2018 /PRNewswire/ — Dahua Technology, a leading solution provider in the global video surveillance industry, officially launched its first deep-learning powered Network Video Recorder (NVR), offering advanced Artificial Intelligence features for a variety of applications.

Dahua Deep-learning Powered NVR - IVSS

Dahua’s powerful Artificial Intelligence technology enables faster video content inquiry and rapid discovery of target objects. This opens up new possibilities for danger prevention, along with real-time alerts for the video surveillance industry.

AI-powered facial recognition and analysis

IVSS combines Deep-learning Algorithms, industrial grade GPUs, and advanced Network Video Recorder into an all-in-one Artificial Intelligence server. The integrated GPU module and advanced deep-learning algorithms perform powerful video structure analysis using metadata, achieving precise facial analysis. Powered by a Dual-core Intel processor, IVSS supports up to 4 channels of real-time facial recognition based on 20 face libraries with 100,000 face images each.

Identify Intruders

IVSS supports a stranger detection mode, which triggers alarms when a face not stored in the database is detected. IVSS also supports a Similarity Threshold, which triggers an alarm when a face that does not meet the minimum similarity level appears. The Stranger Mode and the Similarity Threshold were designed for critical infrastructure sites, where access control is of vital importance.

Optimized GUI for easy operation

The all new GUI of IVSS features a unified design for local and remote users, greatly improving usability, and making it user-friendly to project level customers. The unified GUI also helps significantly cut down the training cost and time of system operators, and the addition of an independent PC client for remote access saves worries about browser compatibility and plug-ins.

Variety of applications and wide compatibility

IVSS is ideal for applications that require entry/exit management, where knowing who is coming and going is a valuable asset, such as business parks, schools, banks, prisons and so on.

For system integrators IVSS has lower complexity, better cost-to-performance, and fewer operator training requirements. As for users, IVSS improves real-time monitoring efficiency, while providing an easy and efficient approach to pinpoint when and where a person of interest appeared. Dahua IVSS, which caught visitors’ eyes at IFSEC International, showcased great potential regarding the company’s AI technology innovation. Dahua Technology, embracing the mission of “Enabling a Safer Society and Smarter Living”, will certainly continue to focus on “Innovation, Quality, and Service” to serve partners and customers around the world.

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SOURCE Dahua Technology

Female Founder of Tech Company Searches for the Fourth Female Founder to Receive Seed Funding

LONG BEACH, Calif., June 28, 2018 /PRNewswire-PRWeb/ — On June 14, 2018 in Long Beach, Julie Fogg sponsored a mixer in Long Beach, California supporting women in tech and their allies to announce her FOUR FEMALE FOUNDERS (F3) initiative. F3 is a proof of concept program committed to building up women who have demonstrated years of developing and supporting other women’s careers and organizations. “Technology touches everything, but it isn’t everything and that’s why the seed fund initiative is for women starting or running any type of organization,” said Julie Fogg, co-founder of boutique tech firm Active Port.

The chosen founders announced at the event on June 14 included: 1) Nell Merlino, creator of “Take Our Daughters to Work Day” and is launching her new initiative called “Born Worthy;” 2) Anamiria Madrigal, Founder and President, Madana Inc. a tequila manufacturer and distributor; and 3) Erika Steele, Founder Acceptance Alliance – an organization focused on critical initiatives impacting humanity, including artificial intelligence. Anamiria Madrigal said “I’m honored to be a part of the first group of female founders. It is an opportunity to unify while following in the steps of giants in this movement.”

Clearly, many organizations see the value in empowering women with economic independence. On June 19, 2018 Goldman Sachs announced their pledge of $500M for female founders. The concept isn’t new. Nell Merlino, one of the chosen founders of F3 partnered with OPEN from American Express(SM) in 2005 through her initiative Count Me In for Women’s Economic Independence to award resources to help women grow their businesses past $1 Million in revenues. Julie Fogg was an award recipient of Nell Merlino’s program on June 6, 2006 in San Francisco. Before that, Julie Fogg met Anamiria Madrigal, another chosen founder of F3, in an executive MBA program at UCLA Anderson in 2005. The women have supported each other’s organizations for 13 years. Both Julie and Anamiria were scholarship recipients of the Management Development for Entrepreneurs program where multiple organizations formally and informally collaborated to support the development of female entrepreneurs including Union Bank, National Association of Women Business Owners and Women’s Leadership Exchange. Julie Fogg shared “I’m grateful to all the organizations who have contributed over the years and continue to contribute including Union Bank, American Express, Goldman Sachs and more.”

ABOUT FOUR FEMALE FOUNDERS (F3)
FOUR FEMALE FOUNDERS (F3) is a springboard to fund the start-up or expansion of four women-led initiatives and companies to continue building an ecosystem of women building other women up. Some of the funds will come from Active Port, the tech firm co-founded by Julie Fogg and some of the funds will be sourced from organizations interested in supporting this movement, through contributions to SparkiCreative, a 501(c)3.

Women interested in applying to become the Fourth Female Founder in the inaugural F3 initiative can apply HERE.

Women interested in the Goldman Sachs program can read about it HERE. “The Goldman Sachs initiative isn’t linked to my initiative. Movements take time and a village. Any support makes a difference,” stated Julie Fogg chairman of SparkiCreative.

 

SOURCE SparkiCreative

HireVue Returns as Global Underwriter of 2018 Talent Board Candidate Experience Awards

SAN FRANCISCO, June 28, 2018 /PRNewswire/ — Talent Board, a non-profit organization focused on the promotion and benchmark research of a quality candidate experience, today announced that HireVue, provider of the most comprehensive AI-driven talent assessment suite and video interviewing solutions, has again returned as a Global Underwriter for this year’s 2018 Candidate Experience (CandE) Awards global benchmark research program.

“We’re grateful for the continued support of HireVue, which will again be our selected platform for the employer interviews we do with this year’s annual CandE award winners,” said Kevin Grossman, Talent Board president of global programs. “Since the founding of Talent Board, HireVue has been committed to our program and to the candidate experience, and their support is what enables us to grow our programs and ensure our research reaches more employers around the world.”

The annual Talent Board recruiting and candidate experience benchmarking and awards program offer employers in North America (NAM), Europe, the Middle East and Africa (EMEA) and Asia-Pacific (APAC), a risk-free and confidential opportunity to learn how their organization’s candidate experience practices compare to those of their peers and obtain feedback from their candidates, while gaining insight into the latest tools and strategies for optimizing the recruiting process.

The largest study of its kind, the Talent Board benchmark research program has evaluated responses from hundreds of global employers and nearly 750,000 job seekers since 2011. To qualify, each company has to commit to a statistically significant candidate response, and the proportion of respondents not hired also had to exceed a set standard. Registration for the 2018 CandE program is now open.

“We’re pleased to continue our support for The Talent Board Candidate Experience Awards,” said Kevin Parker, Chairman and CEO at HireVue. “Our forward-thinking customers around the world tell us how excellent candidate experience and a transformed hiring process have a measurable impact on their businesses overall. Finding the best talent for the right roles contributes to a positive, successful corporate culture and the bottom line. We’re proud to be a part of that.”

Additional information about the 2018 Candidate Experience Awards can be accessed at: http://www.thetalentboard.org/cande-awards.

HR and talent acquisition professionals can also attend the 2018 North American Talent Board CandE Symposium and Awards Gala on October 15 in Orlando, FL: http://nam.cande-events.org/

About HireVue
Across the globe, HireVue is transforming the way companies discover, hire and develop the best talent with its industry-leading video interviewing and scientifically validated pre-hire assessments that leverage video, artificial intelligence, and games. With HireVue, recruiters work more productively and receive objective decision support during the hiring process to deliver higher quality talent, faster. HireVue is available worldwide in more than 30 languages and has hosted over seven million interviews for more than 700 customers worldwide, including more than one-third of the Fortune 100 and leading brands such as Vodafone, Intel, Hilton, HealthSouth, Qantas and Carnival Cruise Lines. For more information, visit www.hirevue.com.

About Talent Board
Talent Board is a non-profit organization focused on the elevation and promotion of a quality candidate experience. The organization, Candidate Experience (CandE) Awards program and its sponsors are dedicated to recognizing the candidate experience offered by companies throughout the entire recruitment cycle and to forever changing the manner in which job candidates are treated. The CandE Awards also serve as a benchmarking program to raise awareness of the benefits of a positive candidate experience and highlight the processes, methodologies and technology that can enhance the recruiting experience as demonstrated by the winning organizations. More information can be accessed at http://www.thetalentboard.org.

Contact:
Kevin Grossman
8314196810
197646@email4pr.com

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SOURCE Talent Board

Why Infusing Blockchain Technology Into the Artificial Intelligence (AI) Revolution is Presenting Unique Growth Opportunities

PALM BEACH, Florida, June 28, 2018 /PRNewswire/ —

MarketNewsUpdates.com News Commentary 

Artificial Intelligence (AI) companies present unique growth opportunities as AI is clearly becoming an important piece of everyday life. AI in practical terms has become the theory and practice of building machines, applications and devices capable of performing tasks that seem to require intelligence. Innovative and cutting-edge technologies striving to make this a reality include machine learning, artificial neural networks and deep learning. Raising expectations of AI of late is incorporating blockchain technology which is essentially a new filing system for digital information that stores data in an encrypted, distributed ledger format. Because data is encrypted and distributed across many different computers, it enables the creation of tamper-proof, highly robust databases which can be read and updated only by those with permission. An emerging field of AI is concerned with building algorithms which are capable of working with (processing, or operating with) data while it is still in an encrypted state. As any part of a data process which involves exposing unencrypted data represents a security risk, reducing these incidents could help to make things much safer and are expected to increasingly be used in making decisions about whether financial transactions are fraudulent, and should be blocked or investigated. Active tech companies in the markets this week include Gopher Protocol Inc. (OTC:GOPH), Micron Technology, Inc. (NASDAQ:MU), Pareteum Corporation (NYSE:TEUM), International Business Machines Corporation (NYSE:IBM), NVIDIA Corporation (NASDAQ:NVDA).

Gopher Protocol Inc. (OTCQB:GOPH) BREAKING NEWS: Gopher Protocol, a company specializing in the creation of Internet of Things (IoT) and Artificial Intelligence enabled mobile technologies, is pleased to announce that it has laid Avant! AI engine infrastructure to handle the GRC – (Gopher Protocol Coin). As previously disclosed, Gopher’s exclusive licensor filed a non-provisional patent covering a proprietary GRC Blockchain-Based Radio Generated Digital Currency as announced on June 19, 2018.

Gopher has equipped its Avant! AI engine with the infrastructure for handling its GRC. The GRC technology covered by Gopher’s patent envisions a new, private, secured digital currency that is encapsulated within Gopher’s system to be used by Gopher’s customers and members. Gopher has now laid the infrastructure within Avant! AI to securely create and secure the GRC. Gopher’s GRC is envisioned as a digital currency, created by our radio technology powered by the blockchain system. To power Gopher’s own blockchain, it is expected that each Gopher device will have the capability to mine/confirm all transactions that take place with the GRC, or communicate to dedicated mining machines each time a coin is created and a transaction takes place. Avant! AI is the system’s manager to ensure secured, reliable production and handling of the GRC.

“GRC is expected to be a highly advanced mechanism with each coin needed to be fully secured with its transaction history for authenticity. Ultimately the coin has to be reliable to be used within Gopher’s system as well as outside of the system. Only an advanced AI system is capable of handling a multitude of coins with their related information packets. We are in process of developing Avant! AI to be the brain of this system. We successfully laid the infrastructure for the GRC, which is only the first step. During the next months, it is our goal to enable Avant! with the capability of creating, securing and establishing the blockchain for this new type of digital currency for the benefits of potential users. Avant! is considered Gopher’s “child” as we “teach” it to become more knowledgeable and intelligent, handling our technology in wide variety of domains, blockchain digital currency is a major one of them” provided Dr. Rittman, Gopher’s CTO. Read this and more news for GOPH at http://www.marketnewsupdates.com/news/goph.html

Other recent and current developments in the tech industry include:

Micron Technology, Inc. (NASDAQ:MU) this week announced volume production on its 8Gb GDDR6 memory. Built on experience and execution for several generations of GDDR memory, GDDR6 – Micron’s fastest and most powerful graphics memory designed in Micron’s Munich Development Center – is optimized for a variety of applications that require high performance memory, including artificial intelligence (AI), networking, automotive and graphics processing units (GPUs). Additionally, Micron has worked with core ecosystem partners to ramp GDDR6 documentation and interoperability, enabling faster time to market for designs. GDDR6 enables advanced performance with lower power consumption in Artificial Intelligence – Artificial intelligence, machine learning, deep learning are memory intensive applications that require more bandwidth from memory solutions. GDDR6 delivers the higher bandwidth required to accelerate AI in applications like computer vision, autonomous driving and the many other applications that require this higher bandwidth.

Pareteum Corporation (NYSE:TEUM), the rapidly growing Cloud Communications Platform company, announced this week that it has signed a 3-year contract to provide its Global Cloud Services Platform (GCSP) and connectivity to an established Global Mobile Virtual Network Operator (MVNO) and IoT Solutions enterprise with a network of Retailers, Distributors and Independent Sales Organizations throughout North America. This contract empowers the Global MVNO enterprise to use a single cloud platform to increase their mobile coverage and broadband services, opening opportunities for economic growth in the future. The platform will integrate to their current customer portal and Pareteum will receive monthly recurrent fees for each subscriber as well as connection revenue for their airtime, SMS and voice services.

According to an article published by MarketRealist.com, the growing adoption of International Business Machines Corporation (IBM’s) (NYSE:IBM) Watson AI platform is contributing significantly to the company’s overall business. Demand for AI across industries compelled the leading tech giant to launch Watson AI, which provides useful insights into complex business problems. IBM offers Watson Health, Watson IoT,1 and Watson Financial Services to its Fortune 500 customer base. Watson Financial Services includes regulatory technology and commercial payment offerings. Large financial institutions such as JPMorgan Chase (JPM) are using AI for risk and portfolio optimization. Watson Health, IBM’s key driver, has been adopted widely by government agencies and life science and oncology departments. Read the article in full here.  

NVIDIA Corporation (NASDAQ:NVDA) announced this week that the world’s top AI supercomputers are all powered by NVIDIA® Tensor Core GPUs, based on a new list of the world’s 500 fastest systems. AI supercomputers are uniquely capable of processing both traditional HPC simulations and revolutionary new AI workloads. The new AI supercomputers include the world’s fastest system and third-fastest systems, Summit and Sierra, both in the U.S. Tensor Core GPUs also power the fastest supercomputer in Japan, ABCI. The new systems reflect the broader shift to accelerators in the TOP500 list. GPUs now power five out of the world’s seven fastest systems, as well as 17 of the 20 most energy efficient systems on the new GREEN500 list. In addition, the majority of computing performance added to the TOP500 list comes from NVIDIA GPUs.

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated twenty three hundred dollars for news coverage of the current press releases issued by Gopher Protocol Inc. by a non-affiliated third party. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

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SOURCE MarketNewsUpdates.com

Io-Tahoe Webinar – Operationalized AI and Machine Learning: Challenges and Possible Solutions

NEW YORK and LONDON, June 28, 2018 /PRNewswire-PRWeb/ — Io-Tahoe LLC, a pioneer in machine learning-driven smart data discovery products that span a wide range of heterogeneous technology platforms, today announced the next in its educational webinar series entitled, “Operationalized AI and machine learning: challenges and possible solutions.”

Date & Time: Tuesday, July 3, 2018, 12:00 p.m.1:00 p.m. Eastern Time

Guest: Ciprian Jichici, General Manager, Genisoft

Why Attend? Artificial Intelligence (AI) has captured the imagination of many organizations, from small start-ups to vast Enterprise corporations. Doing AI successfully, and in a consistent fashion, can be an elusive goal, a fact which limits productivity, project success and mainstream adoption.

The workflow and tooling for data science, machine learning and artificial intelligence is still in a primitive stage. Moreover, the integration of those disciplines with data engineering and software development is even less evolved. Coordinating those three pursuits with the operational side of things – deployment, testing, monitoring, troubleshooting and retraining – is perhaps the most audacious goal of all. Does today’s toolchain allow such coordination of efforts? If not, can bespoke solutions be cobbled together, and would the outcome justify the investment?

Special guest Ciprian Jichici, General Manager, Genisoft will join Andrew Brust – Io-Tahoe’s Market Strategy Advisor, ZDNet Big Data Blogger and Founder/CEO of Blue Badge Insights for this live webinar. Ciprian is a software development authority, a consulting veteran and an accomplished data scientist; if anyone can envision an implementation of DevOps discipline in AI, it’s him.

In this Webinar you will learn:

  • The challenges to making data science efforts conform to software development best practices.
  • How repeatability and operationalization of machine learning and AI is made difficult by fragmentation in the data science technology landscape and yet is still critical to success.
  • About new projects in the machine learning world that are making data science more procedural and repeatable, and better-integrated with data engineering and analytics.
  • How software applications with embedded AI offer a on-ramp to the technology, without the operational burdens.

Learn More
& Register Here: https://io-tahoe.com/webinars/

Tweet this: .@IoTahoe Hosts Webinar Entitled, “Operationalized AI and machine learning: challenges and possible solutions” https://io-tahoe.com/webinars/ #MachineLearning #BigData #ArtificialIntelligence #AI #ML #Analytics #DataDiscovery

About Io-Tahoe
Io-Tahoe is a pioneer in machine learning-driven smart data discovery products that enable organizations to discover data across a wide range of heterogeneous technology platforms, from traditional databases and data warehouses to data lakes and other modern repositories, helping enterprises trace data elements across their systems in spite of outdated metadata definitions. The product utilizes machine learning algorithms to dramatically increase the accuracy, intelligence and speed of learning of complex data elements and data relationships throughout the entire business environment.

Our product has been custom-built by a team with a deep understanding of data challenges, giving us first-hand insight and appreciation into our customers’ diverse and complex data needs. Our product is particularly valuable to businesses with large numbers of customers and diverse data sets, such as those in the financial services, utilities, retail, transportation, insurance, healthcare and manufacturing industries. For further information, please visit: http://www.io-tahoe.com.

 

SOURCE Io-Tahoe

Technology Industry Veteran Brian O’Sullivan Joins Digimarc as VP North American Sales

BEAVERTON, Ore., June 28, 2018 /PRNewswire/ — Digimarc Corporation (NASDAQ: DMRC), the inventor of the Intuitive Computing Platform (ICP™) featuring Digimarc Barcode, today announced the hire of Brian O’Sullivan as vice president of North American sales and customer success. O’Sullivan has decades of experience managing large, complex enterprise relationships and selling transformative technology platforms such as blockchain and robotic process automation. He will use his expertise to expand Digimarc’s relationships with industry-leading retailers and consumer product goods companies.

Digimarc The Barcode of Everything(TM) (PRNewsfoto/Digimarc Corporation)

In addition to his sales role, O’Sullivan will be managing the new solutions architecture team—the liaisons between a customer’s technical group and the Digimarc product and engineering team, as well as leading Digimarc’s program management efforts. This role will strengthen the company’s continued commitment to its customers and help drive the adoption of Digimarc Barcode.

O’Sullivan spent over 20 years at IBM, most recently as client director, electronics sector west. He was a member of the sales team that helped sell “IBM Watson,” the artificial intelligence platform that was first commercialized in 2013. O’Sullivan’s expertise will help Digimarc sell its ICP, a comprehensive set of technologies for identifying, discovering and interacting with digitally-enhanced media and objects. The ICP has a number of beneficial use cases for retailers and consumer brands, including easy checkout, increased consumer engagement and improved supply chain efficiencies.

“Technology is transforming retail today and Digimarc Barcode is one the key technology disrupters. It promises to deliver the kinds of operational efficiencies and positive consumer experiences that will help retailers thrive now and in the years to come,” said O’Sullivan. “I’ve seen firsthand during my years at IBM how technology can unleash untold efficiencies. I’m excited to work with the sales and technology teams at Digimarc to help large enterprises stay competitive in the retail space.”

The hire is the latest development in the company’s initiative to add retail, brand, print and technology, and sales experts for key positions in North America, Europe and Japan, as well as at the global executive vice president level, with the strategic hire of Aimee Arana, former Nike executive.

“Brian has spent his career helping large enterprise businesses integrate and benefit from the addition of new technology into their operations and processes,” said Arana, executive vice president of sales and business development. “We’re excited to continue partnering with the world’s largest consumer packaged goods manufacturers and retailers to help them compete and succeed in today’s sophisticated technology environment.”

About Digimarc
Digimarc Corporation (NASDAQ: DMRC) is a pioneer in the automatic identification of everyday objects such as product packaging and virtually any media, including print, images and audio. Based on the patented Intuitive Computing Platform (ICP™), Digimarc provides innovative and comprehensive automatic recognition technologies to simplify search, and transform information discovery through unparalleled reliability, efficiency and security. Digimarc has a global patent portfolio, which includes over 1,100 granted and pending patents. These innovations include state-of-the-art identification technology, Digimarc Barcode, as well as Digimarc Discover® software for barcode scanning, image recognition, and more. Digimarc is based in Beaverton, Oregon, with technologies deployed by major retailers and consumer brands, global banks, U.S. states, film companies and professional sports franchises, among others. Visit digimarc.com and follow us @digimarc to learn more about The Barcode of Everything™.

 

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SOURCE Digimarc Corporation

New Study: 93% of People Would Trust Orders from a Robot at Work

REDWOOD SHORES, Calif., June 28, 2018 /PRNewswire/ — People are ready to take instructions from robots at work according to a new study conducted by Oracle and Future Workplace, a research firm preparing leaders for disruptions in recruiting, development and employee engagement. The study of 1,320 U.S. HR leaders and employees found that while people are ready to embrace Artificial Intelligence (AI) at work, and understand that the benefits go far beyond automating manual processes, organizations are not doing enough to help their employees embrace AI and that will result in reduced productivity, skillset obsolescence and job loss.

The study – AI at Work – identified a large gap between the way people are using AI at home and at work. While 70 percent of people are using some form of AI in their personal life, only 6 percent of HR professionals are actively deploying AI and only 24 percent of employees are currently using some form of AI at work. To determine why there is such a gap in AI adoption when people are clearly ready to embrace AI at work (93 percent would trust orders from a robot), the study examined HR leader and employee perceptions of the benefits of AI, the obstacles preventing AI adoption and the business consequences of not embracing AI.

Employees and HR Leaders See the Potential of AI

All respondents agreed that AI will have a positive impact on their organizations and when asked about the biggest benefit of AI, HR leaders and employees both said increased productivity. In the next three years, respondents expect the benefits to include:

  • Employees believe that AI will improve operational efficiencies (59 percent), enable faster decision making (50 percent), significantly reduce cost (45 percent), enable better customer experiences (40 percent) and improve the employee experience (37 percent).
  • HR leaders believe AI will positively impact learning and development (27 percent), performance management (26 percent), compensation/payroll (18 percent) and recruiting and employee benefits (13 percent). 

Organizations are Not Doing Enough to Prepare the Workforce for AI

Despite its clear potential to improve business performance, HR leaders and employees believe that organizations are not doing enough to prepare the workforce for AI. Respondents also identified a number of other barriers holding back AI in the enterprise.

  • Almost all (90 percent) of HR leaders are concerned they will not be able to adjust to the rapid adoption of AI as part of their job and to make matters worse, they are not currently empowered to address an emerging AI skill gap in their organization.
  • While more than half of employees (51 percent) are concerned they will not be able to adjust to the rapid adoption of AI and 71 percent believe AI skills and knowledge will be important in the next three years, 72 percent of HR leaders noted that their organization does not provide any form of AI training program.
  • On top of the skill gap, HR leaders and employees identified cost (74 percent), failure of technology (69 percent) and security risks (56 percent) as the other major barriers to AI adoption in the enterprise.

Not Embracing AI Now Will Result in Job Loss, Irrelevance and Loss of Competitive Advantage

Despite all the talk about people being worried about AI entering the workplace, the study found the opposite to be true with HR leaders and employees (79 percent of HR leaders; 60 percent of employees) believing a failure to adopt AI will have negative consequences on their own careers, colleagues and overall organization.

  • Respondents identified reduced productivity, skillset obsolescence and job loss as the top three consequences of failing to embrace AI in the workforce.
  • From an organizational standpoint, respondents believe embracing AI will have the most positive impact on directors and C-Suite executives. By failing to empower leadership teams with AI, organizations could lose a competitive advantage.

Supporting quotes

“As this study shows, people are not afraid of AI taking their jobs and instead want to be able to quickly and easily take advantage of the latest innovations,” said Emily He, SVP, Human Capital Management Cloud Business Group, Oracle. “To help employees embrace AI, organizations should partner with their HR leaders to address the skill gap and focus their IT strategy on embedding simple and powerful AI innovations into existing business processes.”

“AI will enable companies to stay competitive, HR leaders to be more strategic and employees to be more productive at work. If organizations want to take advantage of the AI revolution, while closing the skills gap, they will have to invest in AI training programs. If employees want to stay relevant to the current and future job market, they need to embrace AI as part of their job.”
Dan Schawbel, Research Director at Future Workplace, author of Back to Human

Methodology

For this survey, 1,320 HR Leaders and employees were asked about their views regarding AI implementation and usage in the workplace. The study targeted HR Leaders and employees who work across different sectors and in organizations of different sizes. All panelists have passed a double opt-in process and complete on average 300 profiling data points prior to taking part in surveys.

About Oracle

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at oracle.com.

About Future Workplace

Future Workplace is an executive development firm dedicated to rethinking and re-imagining the workplace. Future Workplace works with heads of talent management, human resources, corporate learning, and diversity to prepare for the changes impacting recruitment, employee development, and engagement. Future Workplace is host to the 2020 Workplace Network, an Executive Council that includes 50 plus heads of Corporate Learning, Talent, and Human Resources who come together to discuss, debate and share “next” practices impacting the workplace and workforce of the future. For more information, please visit: http://www.futureworkplace.com/.

 

Oracle Logo (PRNewsfoto/Oracle)

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SOURCE Oracle

Apttus Wins Prestigious CODiE Award for Best Artificial Intelligence Solution

SAN MATEO, Calif., June 28, 2018 /PRNewswire/ — Apttus, the global Middle Office leader, today announced its applied artificial intelligence offering, Max, has been named the best AI Solution of 2018 as part of the annual SIIA CODiE Awards.

Apttus Logo (PRNewsFoto/Apttus)

According to SIIA, CODiE Award recipients produce the most innovative businesses technology products around the world. The award spotlights the unique innovation associated with Max, Apttus’ applied AI for Apttus Omni™, the company’s Intelligent Middle Office Platform. Max utilizes an intelligent conversational user interface that proactively delivers insights and recommendations to help sales, legal, operations and financial professionals maximize revenue and other critical business outcomes. The resulting actions accelerate and optimize Apttus’ CPQ, CLM, E-Commerce and Revenue Management solutions that comprise Apttus Omni.

Max’s success stems from an overwhelming customer need for speed and efficiency in executing revenue operations and managing commercial relationships. Max’s development, as well as Apttus’ long-term commitment to innovation, can be attributed to the recent creation of its Middle Office innovation lab, the Omni Accelerator.

“Apttus has always pushed the limits of innovating Middle Office solutions. This recognition proves that our industry agrees,” said Dan Hopkins, Vice President of Innovation at Apttus. “The CODiE award represents our ongoing commitment to maximizing successful outcomes for our customers. The roots of Max, which builds on the ingenuity of Apttus’ offerings, can be credited to Apttus programs like the Omni Accelerator group.”

“The 2018 CODiE Award winners are the most innovative, high-impact products in the market. We are happy to recognize these products and the power they have to transform the future of how we do business,” said Ken Wasch, President of SIIA.

The SIIA CODiE Awards are the industry’s only peer-reviewed awards program. The first-round review of all nominees is conducted by software and business technology experts with considerable industry expertise, including members of the industry, analysts, media, bloggers, bankers and investors. The scores from the expert judge reviews determine the finalists. SIIA members then vote on the finalist products, and the scores from both rounds are tabulated to select the winners. 51 awards were given this year for products and services deployed specifically for B2B software, information and media companies, including the all new Best Overall Business Technology Product, awarded to the product with the highest scores of both rounds of judging.

About Apttus

Apttus is a Silicon Valley-based global provider of the Intelligent Middle Office platform allowing enterprises to automate and optimize their most critical revenue and commercial relationship management processes. Apttus is powered by the Apttus Intelligent Cloud, a hybrid-cloud platform utilizing the most advanced technologies from Salesforce, Microsoft and IBM. Analysts rank Apttus as the global gold standard for Quote-to-Cash (QTC) and Contract Lifecycle Management (CLM) solutions. Apttus’ innovations include Max, the company’s Applied Artificial Intelligence that enables enterprises to achieve superior business outcomes. Apttus partners with a world-class ecosystem. Apttus customers include hundreds of the world’s mid-sized organizations and the who’s who of the Global 1000.

About the SIIA CODiE™ Awards

The SIIA CODiE Awards is the only peer-reviewed program to showcase business and education technology’s finest products and services. Since 1986, thousands of products, services and solutions have been recognized for achieving excellence.  For more information, visit siia.net/CODiE.

Press Contact: Alex Cohen
press@apttus.com

 

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Engagement Labs Releases TotalSocial® Ranking of Top Telecommunications Brands

NEW YORK, June 28, 2018 /PRNewswire/ — Engagement Labs (TSXV: EL) (OTCQB: ELBSF), an industry-leading data and analytics firm that focuses on the entire social ecosystem and its impact on business, today released its TotalSocial® ranking of the top telecommunications brands in the U.S. based on social influence.

Engagement Labs Inc. (PRNewsfoto/Engagement Labs)

The analysis is unique in that it combines offline and online consumer conversations, and is based on Engagement Labs’ proprietary TotalSocial data and analytics, which continuously measures the most important drivers of brand performance in both face-to-face (offline) and social media (online) conversations. The brands in the top ten have earned the highest TotalSocial scores in the category for the last six months, compared to the Company’s previous ranking in January 2018.

Top 10 TotalSocial® Telecom Brands

Rank Change

1. Samsung

No change

2. Sony

+2

3. T-Mobile

-1

4T. LG

-1

4T. Sprint

+2

6. Verizon

+2

7. Android

No change

9. HTC

-3

9. iPhone

+1

10. AT&T

+1

According to Engagement Labs’ report, Sony jumped up two spots in the ranking into the number two position due to an increase in both online influence and online sentiment—which demonstrates that a more influential group of consumers are talking about the brand via social media, and that those conversations are more positive. In early 2018 at the Consumer Electronics Show (CES), the brand unveiled its Xperia series, a trio of phones that can take 120-degree selfies at 8 megapixels which became available in the U.S. in April.

“The way consumers talk about telecommunications brands is primarily driven by product launches, unique features and customer service,” said Ed Keller, CEO of Engagement Labs. “With so many competing mobile brands and service providers, it is imperative for telecom marketers to understand what drives a positive reaction among consumers and capitalize on these drivers to differentiate themselves in a crowded marketplace.”

With the largest decline among the top 10 telecom brands, HTC slipped down three spots to eighth place due to a decline in offline brand sharing, or the amount of consumers talking about a brand’s marketing campaigns in face-to-face conversations.

In contrast, Sprint made its way up two spots to tie with LG for the fourth position due to an increase in sentiment both offline and online, proving that consumers are speaking more positively about the brand in conversations happening face-to-face with peers as well as via social media. With the recent news of its merger with T-Mobile, which ranked two spots higher at number three, Sprint announced that the company will be led by T-Mobile CEO John Legere.

Verizon also found itself two spots higher in the ranking at number six, due to an increase in the amount of influential consumers who are talking about the brand, both online and offline. This can be attributed to the company’s recent announcement that it will launch a 5G wireless network in several parts of the U.S. in the second half of 2018.

To learn more about Engagement Labs and how to increase your brand’s word of mouth in real life and online, reach out at: totalsocial@engagementlabs.com.

About Engagement Labs
Engagement Labs (TSXV: EL) (OTCQB:  ELBSF) is an industry-leading data and analytics firm that focuses on the entire social ecosystem and its impact on business. The Company’s TotalSocial® platform is the only platform that combines powerful online (social media) and offline (word of mouth) data with predictive analytics. Engagement Labs has a proprietary ten-year database of unique brand, industry and competitive intelligence. The Company’s cutting-edge predictive analytics uses machine learning and artificial intelligence to reveal the social metrics that increases marketing ROI and top line revenue for its diverse group of clients, consisting of Fortune 500 companies.

To learn more visit www.engagementlabs.com / www.totalsocial.com.

About TotalSocial®
TotalSocial® is a premier data and analytics platform that provides brands with unique insights, improved marketing ROI and strategies to grow revenue. Fueled by actionable online and offline data, TotalSocial is the only platform that encompasses and listens to the entire social ecosystem. TotalSocial offers unique, proprietary data about brands, its industry and competitors. With cutting-edge diagnostics, patent-pending predictive analytics and machine learning, TotalSocial identifies business opportunities and provides recommendations and a roadmap to grow revenue and achieve business and marketing goals.

For media inquiries please contact:

Kate Tumino / Amrita Singh
KCSA Strategic Communications
ktumino@kcsa.com / asingh@kcsa.com
212-896-1252 / 212-896-1207

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XCMG Launches Machmall, New International E-commerce Platform

Cutting-edge platform enables company to build new sales channels and revolutionize its supply chain

XUZHOU, China, June 28, 2018 /PRNewswire/ — XCMG, the world’s leading construction machinery manufacturer, announces the launch of international e-commerce platform, Machmall, a global one-stop marketing and sales point for construction machinery and spare parts. The new platform, which firmly establishes XCMG’s presence in the world of e-commerce, complements, and augments its robust traditional distribution channels.

XCMG Launches Machmall, New International E-commerce Platform.

Developed and built over the course of three years, Machmall will form a new online ecosystem by creating a four-dimensional supply chain. Through the concentration and integration of dealers, the platform’s strong matching mechanism is capable of linking the best and most competitively-priced vendors with buyers.

“The launch of Machmall, our new e-commerce platform, marks another milestone in the company’s innovative development strategy,” said Donghai Luo, the GM Assistant of XCMG. “As we upgrade our manufacturing capabilities, in-line with our global buyers, so too must we upgrade our marketing and sales channels. E-commerce has become an important engine of growth for the manufacturing industry. The adoption of ever-more sophisticated tools, such as big data and artificial intelligence, gives us new ways to search for opportunities and enables us to reach beyond our industry’s current boundaries.”

Machmall will allow manufacturers to utilize open third-party vendor services on the platform, giving them the ability to distribute worldwide through its network. Clients will also be empowered by having direct access to services including information, logistics, and capital flow all in one place.

The platform will also accelerate XCMG’s international growth, enabling the company to break through its goal of achieving 50 percent of its revenue from overseas business.

With 75 years of history, XCMG is a founder, explorer and leader in the Chinese construction machinery industry. Now ranked No.1 nationally and 6th globally, XCMG has expanded around the world since taking its first steps into international markets in the late 1980s. It now exports its products to 180 countries and regions, realizing annual gross export volume that exceeds USD 1.6 billion, which makes up 30 percent of the company’s total revenue.

About XCMG

XCMG is a multinational heavy machinery manufacturing company with a history of 74 years. It currently ranks sixth in the world’s construction machinery industry. The company exports to more than 177 countries and regions around the world.

For more information, please visit: www.xcmg.com, or XCMG pages on Facebook, Twitter, YouTube, LinkedIn and Instagram.

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