Fracta Inc. Receives Strategic Investment From Kurita Water Industries, Ltd.

REDWOOD CITY, Calif., June 1, 2018 /PRNewswire/ — Fracta Inc., a technology innovator Bringing Artificial Intelligence (AI) to Infrastructure, has announced a strategic investment from Kurita Water Industries, Ltd. The investment allows Fracta and Kurita to extend their leadership in the United States water industry, particularly to municipal and investor-owned water utilities.

Kurita’s investment totals approximately 37 million US dollars. Kurita will acquire the majority of the shares of Fracta, Inc. through the acquisition of issued shares and the subscription for new shares. Under the investment, the Fracta name and management will remain intact.

“We’re pleased with the strategic investment from Kurita,” said Takashi Kato, Co-founder, President and CEO of Fracta Inc. “Their global experience and leadership in the water treatment industry is vast and extensive, and their strategic investment will allow us to grow even further in the realm of water infrastructure and Artificial Intelligence.”

“Kurita’s investment gives us the opportunity to not only accelerate our penetration of the USA water market, it will help expand Fracta globally and apply our objective, big data-driven condition assessment method to other infrastructure assets,” said Lars Stenstedt, Co-Founder and COO of Fracta Inc. 

Since 1949, Kurita has operated with the philosophy, “study the properties of water, master them, and we will create an environment in which nature and man are in harmony.” Already a global player in industrial water treatment, the investment in Fracta allows Kurita to enhance their offerings and expand into the municipal and investor-owned water utilities.

“We are delighted and very excited to be given this opportunity to invest in Fracta Inc.,” said Michiya Kadota, President of Kurita Water Industries, Ltd. “Through the investment, we would like to help the company grow and contribute to improving its corporate value. We believe that we will be able to operate a digital business that will create unprecedented, ‘unique value,’ by combining Fracta’s technologies with our unique products and services and thereby creating a synergy with the company.”

About Fracta Inc.

Fracta is Bringing Artificial Intelligence to Infrastructure.  Fracta’s flagship offering is a Software as a Service application that uses artificial intelligence to assess the condition of drinking water distribution mains. Fracta calculates and visualizes the Likelihood of Failure (LOF) of water main pipes enabling utilities to make better pipe rehabilitation and replacement decisions.  Utilizing artificial intelligence in condition assessments as part of a proper infrastructure asset management program will contribute to the reduction of the economic impacts incurred from water main breaks and help water utilities more efficiently allocate and spend their capital investments.  Founded in 2015 by Takashi Kato and Lars Stenstedt, Fracta is based in Redwood City, Calif. For more information on how to create intelligent infrastructure, visit http://www.fracta.ai.

 

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SOURCE Fracta Inc.

Pegasystems Extends Cloud Choice with Google Cloud Partnership

CAMBRIDGE, Mass., June 1, 2018 /PRNewswire/ — Pegasystems Inc. (NASDAQ: PEGA), the software company empowering customer engagement at the world’s leading enterprises, today announced a partnership with Google Cloud to enable clients to run and deploy Pega solutions on Google Cloud Platform (GCP). This reinforces Pega’s commitment to provide its clients with the flexibility to select the right deployment model that fits their needs and avoid vendor lock-in.

The corporate logo for Pega (PRNewsfoto/Pegasystems Inc.)

Agile businesses need flexibility to select how they deploy and run mission-critical applications in response to rapidly changing market dynamics. For example, many enterprises today operate in hybrid-cloud environments – such as leveraging Pega’s fully managed cloud services while also self managing other cloud deployments to meet specific requirements. However, many competing cloud software vendors offer few pragmatic cloud platform choices outside their own, which limits clients’ options to adapt to new variables.

Pega’s customer engagement and digital process automation solutions work easily across different cloud infrastructures, allowing organizations to adapt their cloud strategies as business needs change. By integrating with Google Cloud’s global, secure, and high-performance infrastructure, Pega allows its clients to leverage any existing GCP investments. Pega Cloud Services can further accelerate value from hybrid clouds with GCP and help enterprises focus on their business, not managing environments. GCP adds to Pega’s roster of certified cloud platform options, which includes Microsoft Azure, Amazon Web Services, and Pivotal Cloud Foundry.

Google Cloud will also keynote at this year’s PegaWorld annual conference on June 3-6, 2018, in Las Vegas at the MGM Grand. James Stavropoulos, Google’s global lead for network deployment operations, will join Pega’s Kerim Akgonul to talk about how Pega software and cloud services are empowering organizations to engage their customers, automate digital processes, and quickly build critical apps.

Quotes & Commentary:
“In their ongoing digital transformation journeys, businesses need the flexibility to accelerate the value of cloud that goes beyond cost,” said Frank Guerrera, chief technical systems officer, Pegasystems. “Our partnership with Google Cloud allows us to provide clients with the option to leverage the power of Pega on Google Cloud’s secure and dynamic cloud platform. This expands our ability to empower clients to choose the right cloud solution that meets the challenges of today and tomorrow.”

Supporting Resources:

About Pegasystems
Pegasystems Inc. is the leader in software for customer engagement and operational excellence. Pega’s adaptive, cloud-architected software – built on its unified Pega Platform – empowers people to rapidly deploy, and easily extend and change applications to meet strategic business needs. Over its 35-year history, Pega has delivered award-winning capabilities in CRM and BPM, powered by advanced artificial intelligence and robotic automation, to help the world’s leading brands achieve breakthrough business results. For more information on Pegasystems (NASDAQ: PEGA) visit www.pega.com.

Press Contact:
Sean Audet
Pegasystems Inc.
Sean.Audet@pega.com 
(617) 528-5230
Twitter: @pega 

All trademarks are the property of their respective owners.


 

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SOURCE Pegasystems Inc.

Molecular Health launches Molecular Health Guide 3.0, providing improved support for precision medicine

HEIDELBERG, Germany and BOSTON, June 1, 2018 /PRNewswire/ — Molecular Health (MH), a leading company in the field of precision medicine, specialized in the development of products and services leveraging their proprietary Dataome® technology platform, has launched Version 3.0 of Molecular Health Guide® (MH Guide), a comprehensive software solution for precision medicine. MH Guide compares patient-specific molecular information with biomedical knowledge to deliver an interactive, editable, medical report that supports treating physicians in evaluating the range of therapy options identified for the unique genomic profile of the patient. MH Guide is registered as an in vitro diagnostic device in the EU.

 (PRNewsfoto/Molecular Health)

Physicians need to understand and interpret numerous biomarkers to assess their significance and make a reliable statement on the suitability of a specific cancer therapy. MH Guide identifies clinically significant variants from panel or whole exome analyses and provides physician-approved variant interpretations describing their clinical significance in the context of the patient’s disease. Physicians use this expert-curated knowledge on each variant and follow clickable references to the peer-reviewed sources as a basis for their clinical reports.

Version 3.0 comes with an improved Association for Molecular Pathology (AMP) guideline-compliant biomarker classification scheme and supports Human Genome Variation Society (HGVS) variant nomenclature. MH Guide 3.0 users can now incorporate results from other important diagnostic tests in their reports, such as protein expression, mutational burden, and microsatellite instability. Customizable gene filters mean physicians can streamline the workflow to focus on standard panels for genes of interest. Variant details from standard sources recommended by variant classification guidelines are now shown in MH Guide, in addition to the physician-approved variant interpretations, to support the physician in assessing the clinical significance of a variant. The MH Order portal provides order management tools for seamless communication between labs, hospitals, and Molecular Health.

“MH Guide 3.0 marks a further milestone in cancer treatment based on the genetic variants in a tumor. It gives the treating oncologist a fast and comprehensive overview of treatment recommendations,” said Dr. Rudolf Caspary, CIO of Molecular Health. “We can help to significantly facilitate and improve the daily clinical routine of the treating physicians, while delivering well-informed therapy decisions. Ultimately, this benefits patients – and the entire healthcare system.”

Prof. Dr. Matthias Löhr, Professor of Gastroenterology at the Karolinska Institutet in Stockholm, commented, “As longstanding users of MH Guide we are especially impressed by the quality of the results and their clear presentation in version 3.0 of MH Guide. This makes MH Guide easy to use and easy to integrate in our daily routine. We can focus on the essentials – making informed decisions on the best therapy available and the best care for each individual patient.”

About Molecular Health

Molecular Health (MH) is a computational biomedicine company focused on the capture, curation, integration, and analysis of large data sets in the field of biomedicine and medical products and combining them with novel artificial intelligence and machine learning (AI/ML) technologies to enable precision medicine.  Over more than a decade, the company has developed Dataome®, a unique, high-quality curated, interoperable system that combines clinico-molecular drug data and analytical processes. Dataome, in combination with novel AI/ML technologies, creates a totally new approach for prognostic and predictive in silico science that can guide some of the most promising yet most challenging domains of precision medicine.

For more information, visit www.molecularhealth.com

Carla Mertens
Molecular Health GmbH 
Carla.mertens@molecularhealth.com

 

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SOURCE Molecular Health

Seven Stars Cloud Announces Federico Tovar as New Chief Financial Officer

NEW YORK, June 1, 2018 /PRNewswire/ — Seven Stars Cloud Group, Inc. (NASDAQ: SSC) (“SSC” or the “Company”), today announced the appointment of Mr. Federico Tovar as Chief Financial Officer (“CFO”), effective today, June 1, 2018.  As Chief Financial Officer, Mr. Tovar will be responsible for SSC’s financial strategy, financial management and reporting, compliance, investor relations, public relations, and corporate development.

Mr. Tovar brings over 20 years of experience to the CFO role in areas such as corporate strategy, financial management, and corporate finance, with a focus on high-growth technology companies.  As an experienced technology, strategy and financial executive, Mr. Tovar has held roles with The World Bank and leading technology and strategy consulting firms, such as Booz Allen Hamilton.

Mr. Tovar brings a wealth of experience in venture and rapidly scaling technology companies from the innovation stage, to rapid growth, scale, profitability, and exit.  He is a seasoned operational and financial executive, and subject matter expert in Cyber, FinTech, Blockchain, AI, and IoT.  Most recently, he served as a Founding Member, Chief Financial and Strategy Officer at a leading AI and Cybersecurity company headquartered in New York, with operations in the U.S. and Europe.  He was instrumental in overseeing the company’s overall financial strategy, closing on all funding rounds and structuring strategic partnership deals with Fortune 500 companies to position the company for rapid growth and scale.

Mr. Tovar brings a wealth of experience in public accounting and corporate finance / M&A, having held leadership roles at Grant Thornton LLP, as well as prior roles with Ernst & Young in its Corporate Finance unit in New York. While at Grant Thornton, he was instrumental in driving growth for the New York practice, advising and consulting for both public & private companies through the regulatory and financial crisis.

Throughout his career, he has advised private company and publicly-traded Fortune 500 companies on their regulatory, compliance, audit, financial reporting and M&A transaction related matters.  He has served as a trusted advisor to leading global tech companies such as Computer Associates, Dell, Siemens AG, and others on their corporate transactions.  In this capacity, Mr. Tovar has advised and structured cross-border M&A deals, strategic partnerships, IP and technology licensing arrangements and complex restructuring transactions, ranging from $30MM to $60B, while strategically positioning companies for growth, scale and profitability. In addition, he has worked with private equity firms and hedge funds in New York, advising them during the regulatory and financial crisis with valuation matters related to complex securities, derivatives and their investment portfolios.  

Mr. Tovar holds his BA in Economics from the University of Maryland. He is actively involved in the New York Technology ecosystem, with particular emphasis on Blockchain, AI, Cybersecurity, and IoT technologies.

“We’re excited to welcome Federico to Seven Stars Cloud as our new CFO,” said SSC Chairman & CEO, Bruno Wu. “Federico brings extensive financial, operational, and strategic experience. This, combined with his deep knowledge of the FinTech space and experience scaling high-growth technology companies, will be a significant asset to Seven Stars Cloud as we enter our next phase of growth to further our mission in becoming the next generation AI & Blockchain-powered, Fintech service company, focusing on digital asset production and distribution.”

“I cannot imagine a more exciting time to join Seven Stars Cloud,” Federico said. “SSC is clearly on the verge of being a global leader in asset digitization and tokenization, through the decentralization of assets and securities via a proprietary and intelligent AI and Blockchain driven trading platform, as well its supply chain management business.  Bruno and his executive leadership team are true entrepreneurs and visionaries, who recognize and appreciate that they are empowering a digital transformation across industry verticals.  I firmly believe that not having a Blockchain strategy in place today is similar to not having an Internet strategy in 1996.  SSC has clearly positioned itself to capitalize on these global market changes, and I am delighted to be part of such a seasoned team.”

About Seven Stars Cloud Group, Inc. (http://www.sevenstarscloud.com/)

SSC is aiming to become a next generation Artificial – Intelligence (AI) & blockchain-powered, fintech service company, focusing on digital asset production and distribution. The Company facilitates and enables the transformation from traditional financial markets into the asset digitization era.  SSC acts as the manager and service provider of an ecosystem for securitization and digital currency tokenization as well as trading system integration.

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.

CONTACT:
Jason Finkelstein   
VP, Investor Relations   
Seven Stars Cloud Group, Inc.   
212-206-1216                                              

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SOURCE Seven Stars Cloud Group, Inc.

Artificial Intelligence is Projected to Have a Strong Impact on Global GDP

NEW YORK, June 1, 2018 /PRNewswire/ —

Artificial intelligence (AI) is expected to transform the productivity and GDP potential of the global economy. According to a report by PWC, strategic investment in different types of AI technology is needed to make that happen. PWC’s research shows that 45% of total economic gains by 2030 will come from product enhancements, stimulating consumer demand. This is because AI will drive greater product variety, with increased personalization, attractiveness and affordability over time. AI could contribute up to $15.7 trillion1 to the global economy in 2030, more than the current output of China and India combined. Internet of Things Inc. (OTC: INOTF), Seven Stars Cloud Group, Inc. (NASDAQ: SSC), Pure Storage, Inc. (NYSE: PSTG), Cray Inc. (NASDAQ: CRAY), Vonage Holdings Corp. (NYSE: VG)

The AI sector is very diverse. From the most influential products and divisions in AI are digital assistants, chatbots and machine learning. PWC indicates that, “the impact on productivity could be competitively transformative – businesses that fail to adapt and adopt could quickly find themselves undercut on turnaround times as well as costs. They stand to lose a significant amount of their market share as a result. However, the potential of this initial phase of AI application mainly centers on enhancing what’s already being done, rather than creating too much that’s new.”

Internet of Things Inc. (OTC: INOTF) also listed on the TSX Venture Exchange under the ticker (TSX-V: ITT). Last week the company announced breaking news that, “Is pleased to provide a corporate update detailing its recently accomplished milestones and current growth initiatives. Appointment of President & COO – IoT Inc. recently announced the appointment of James Sutcliffe as President & COO. Mr. Sutcliffe will oversee operations, investee companies and merger & acquisition opportunities.

Mr. Sutcliffe brings more than 20 years’ experience in global operational and financial leadership. Earlier in his career, he was as a key member of a management team that grew a Fortune 150 Tier 1 automotive supplier’s Asian operations ten-fold. During this time, Mr. Sutcliffe held senior corporate development, finance and executive management roles. Spearheading entry into new markets in Asia, he was instrumental in guiding start-ups and acquisitions in China, India and Korea.

Mr. Sutcliffe commented, “IoT Inc. is at a critical inflection point given its growth opportunities in Asia and North America. I am excited to leverage my relationships and operating experience as the company pursues very compelling and complementary accretive acquisitions.”

Corporate Repositioning: The Company has developed a new website designed to encourage investor signups and inbound business opportunities and enhanced marketing collateral including a new corporate presentation. In addition, IoT Inc. has signed up to participate in investor focused conferences over the next few months to raise awareness. This corporate repositioning reflects the new strategic vision of the Company and will serve as the foundation to expand its strategic plan to acquire and operate growth-ready technology companies.

Equity Financing: After the original public announcement of a private placement financing in December 2017, the Company closed an over-subscribed funding round of $2,300,000. This working capital provides a sufficient runway to continue execution of its long-term corporate growth strategy and to pursue strategic acquisitions.

Portfolio Company Updates: Weather Telematics Inc. The Company announced that it has entered into a letter of agreement to acquire Weather Telematics Inc. (“WTX Inc.” or “Weather Telematics”), a data science company offering real-time advanced AI-based predictive road condition weather analytics for safer, connected and autonomous transportation. For further details read the May 14, 2018 press release. Weather Telematics recently announced a partnership with Teletrac Navman, a global software-as-a-service provider that leverages location-based technology for GPS tracking solutions, to provide dynamic weather data including a real-time view of hazardous road conditions to the DIRECTOR® fleet management platform.

New Hope IoT Intl. Inc. (or the “JV”) – Management is pleased with the progress that continues to be made with factory automation initiatives as IoT Inc. expands its presence in Greater China. The JV continues to make headway with artificial intelligence in China and pending the closing of WTX Inc., the Company will look to leverage their unique data and technology by integrating it into its manufacturing process optimization platform to turn traditional manufacturing operations into smart industrial IoT enabled facilities.

BLOCKStrain Technology Corp.(“BLOCKStrain”) – The Company made a strategic investment in BLOCKStrain Technology Corp. (TSX-V: DNAX). BLOCKStrain delivers a secure and immutable blockchain platform to establish global certainty for cannabis strains and their ownership. BLOCKStrain closed a non-brokered private placement raising gross proceeds of $10,500,000, and also completed its go public transaction earlier this week. Based on yesterday’s closing price of BLOCKStrain, IoT Inc’s position in the company is worth more than 250% of its original investment. The Company is in discussions with BLOCKStrain and is evaluating how to deploy and leverage its strategic technology applications into the BLOCKStrain ecosystem.

About Internet of Things Inc. – Internet of Things Inc. is a strategic investor in growth-ready companies with innovative technology solutions. The Company creates value through its portfolio companies’ expertise in the IoT, AI and Blockchain solutions, by turning data into actionable intelligence to drive more efficiency into organizations. The Company has a joint venture partnership, New Hope IoT Intl Inc., with New Hope Data Technology Co. Ltd. Internet of Things Inc. also has strategic investments in Braingrid Corp. and Blockstrain Technology Corp. and has its headquarters in Toronto, Canada.”

Seven Stars Cloud Group, Inc. (NASDAQ: SSC) is aiming to become a next generation Artificial – Intelligence (AI) & blockchain-powered, fintech service company, focusing on digital asset production and distribution. Recently, the company announced that private and pre-sales of its Digital Oil Asset Index tokens in the Greater China Region, which were created through super intelligent dynamic ontology analysis, commenced on May 18, 2018 and will conclude around the end of June. General sales (once the private and pre-sale window has closed) will then continue until the end of September. This first sales are taking place in the Greater China Region only. Moving forward, Seven Stars Cloud, as the digital asset holder, is currently planning a build out to expand its sales scalability and capabilities, with various partners in other regions including the Middle East, Southeast Asia, Korea, Japan, Europe and eventually North America.

Pure Storage, Inc. (NYSE: PSTG) helps innovators build a better world with data. Pure’s data solutions enable SaaS companies, cloud service providers, and enterprise and public sector customers to deliver real-time, secure data to power their mission-critical production, DevOps, and modern analytics environments in a multi-cloud environment. Recently, the company announced its second AI-Ready Infrastructure offering, AIRI™ Mini, powered by NVIDIA. Architected by Pure Storage and NVIDIA, AIRI is purpose-built to enable data architects, scientists and business leaders to extend the power of the NVIDIAⓇ DGX-1™ system. With AIRI Mini, organizations of all sizes and budgets can implement a simple, powerful solution to build competitive advantage through AI at a price point that’s accessible for virtually any organization in any industry. AI represents an unprecedented opportunity for organizations to improve operations, deliver better customer experiences, and drive business performance through data-driven initiatives.

Cray Inc. (NASDAQ: CRAY) provides innovative systems and solutions enabling scientists and engineers in industry, academia and government to meet existing and future simulation and analytics challenges. On March 28, 2018, the company announced it is adding new options to its line of CS-Storm™ GPU-accelerated servers as well as improved fast-start AI configurations, making it easier for organizations implementing AI to get started on their journey with AI proof-of-concept projects and pilot-to-production use. Cray is enhancing its CS-Storm series GPU-accelerated systems with the addition of a new four-GPU version – the CS-Storm 500NX 4-GPU server, a 1U server with two Intel® Xeon® CPUs and four NVIDIA® Volta GPUs, designed for customers whose AI models and HPC applications require lower GPU-to-CPU ratios for optimal performance. Implementing machine and deep learning in many organizations is a journey – from investigation to proof of concept to production applications – that data science and IT teams undertake. Different AI use cases require unique combinations of machine intelligence tools, model designs and compute infrastructure.

Vonage Holdings Corp. (NYSE: VG) is redefining business communications. Earlier this month, the company has announced the launch of its newest chatbot, Vee for Workplace by Facebook. An exciting development within the cloud communications industry, Vonage has partnered with Facebook to provide Workplace users with virtual assistant capabilities to create and manage AI-enabled conferencing. Vee for Workplace uses simple bot commands to leverage cloud-based APIs via Nexmo, the Vonage API Platform, and Vonage’s Unified Communications APIs, to integrate cloud communications features directly into the Workplace collaboration platform, including the ability to initiate and manage conferencing and calling. Vonage is uniquely positioned to integrate artificial intelligence (AI) capabilities into specific real-time conversational use cases for employees to connect within collaboration platforms like Workplace, enabling enhanced productivity.

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Government of Canada Makes Use of Cutting-Edge Canadian Artificial Intelligence for Real-Time G7 Theme Analytics

WATERLOO, Ontario, June 1, 2018 /PRNewswire/ — OpenText™ (NASDAQ: OTEX, TSX: OTEX), the global leader in Enterprise Information Management (EIM), today announced the launch of a real-time sentiment analysis tool developed for the Government of Canada to help them understand media and social opinion on the themes of Canada’s 2018 G7 Presidency: Investing in growth that works for everyone, Preparing for jobs of the future, Advancing gender equality and women’s empowerment, Working together on climate change, oceans and clean energy and Building a more peaceful and secure world.

OpenText logo

The application – accessible online at http://myg7.ca | http://mong7.ca – is built using OpenText Magellan, an artificial intelligence (AI)-powered Analytics platform that searches the web for publicly available G7 articles and tweets, and retrieves the raw text for evaluation.

This tool draws on Twitter and online news activity about Canada’s 2018 G7 Presidency in real time, creating an interactive dashboard that displays sentiment and breaks down the key themes in an interactive way to show what issues what matter most to citizens around the world.

“OpenText is honoured to collaborate with the Government of Canada to provide real-time analysis of news and social media, helping citizens join and influence the discussion,” said Mark J. Barrenechea, OpenText Vice Chair, CEO and CTO. “OpenText Magellan, our AI platform, is designed to understand unstructured content and turn it into quantifiable data. It can determine subjectivity, tone and sentiment expressed in text, nuances that help us derive unique insights from a massive and growing set of social posts, news stories and online comments.”  

Canada is powered by its innovative spirit and the competitiveness of its industries. OpenText’s cutting-edge technology is a shining example of Canadian innovation and will be the tool to deliver one of the most transparent and accessible G7 Presidencies. This project has been made possible due to the Government of Canada’s collaborative arrangement with DigiHub Shawinigan,” said the Honourable François-Philippe Champagne, Minister of International Trade.

“DigiHub Shawinigan is excited to collaborate with both Global Affairs Canada and OpenText. Connecting Canadians with the G7 Presidency is really exciting especially with the use of this innovative technology,” added Philippe Nadeau, Director General, DigiHub (https://digihub.ca).

About OpenText
OpenText, The Information Company™, enables organizations to gain insight through market leading information management solutions, on premises or in the cloud. For more information about OpenText visit opentext.com.

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Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenText’s current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText’s assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Copyright © 2018 Open Text. All rights reserved. OpenText is a trademark or registered trademark of Open Text. The list of trademarks is not exhaustive of other trademarks. Registered trademarks, product names, company names, brands and service names mentioned herein are property of Open Text or other respective owners.

 

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SOURCE Open Text Corporation