DURHAM, N.C. and CAMBRIDGE, England, July 31, 2018 /PRNewswire/ — Enterprises anticipate that machine learning (ML) will permeate and influence the majority of business operations. Over half (52%) of enterprises expect this impact in the next two years, according to a new research study unveiled today by HFS Research in partnership with Infinia ML.

HFS’ new report, “How to Avoid Your Looming Machine Learning Crisis,” finds only 29% of data science decision makers across the Global 2000 believe machine learning is overrated. On the contrary, the majority (86%) believe machine learning is impacting their respective industries.

While many enterprises have started down the machine learning path, the study finds that the speed and intensity with which organizations are developing capabilities does not match the importance they place upon ML. Most enterprises have yet to make significant investments in ML (84% investing under $1M), have decentralized practices (8% have centralized ML functions), are mostly running a few projects (65% are running 1 to 3 ML initiatives), and believe that of those projects, only a fraction might deliver business impact.

Further, talent is emerging as a key challenge; 42% already recognize they have significant skill deficiencies, particularly when shifting from traditional IT to ML and data science skills. HFS anticipates that many enterprises have not fully discovered how acute these skills gaps are, but will as ML needs increase over time. The report addresses these challenges through the “HFS ML Execution Guide,” designed to help business leaders get started with ML, deliver value over time, develop more robust capabilities, and ultimately, build industrialized, ML-enabled operations.

“Over three quarters of respondents expressed optimism about the business value of machine learning – but over half agreed that a growing number of ML ‘experts’ are just capitalizing on industry hype,” noted Robbie Allen, CEO of Infinia ML. “Clearly, the future belongs to those who can separate hype from reality and take practical steps to implement machine learning. That’s what we do at Infinia ML.”

The complimentary report is available at InfiniaML.com/report.

About Infinia ML

Infinia ML is a team of advanced machine learning experts helping enterprise clients reduce costs, increase efficiency, and achieve breakthroughs. Infinia ML serves industries from manufacturing and healthcare to marketing and human resources. The company’s capabilities include natural language processing, recommendation engines, object detection, 3D image modeling, and anomaly detection.

The company is led by CEO Robbie Allen, an experienced AI entrepreneur, Chief Scientist Lawrence Carin, Ph.D., one of the world’s most published machine learning experts and Duke University’s Vice Provost for Research, and Executive Chairman and Carrick Capital Partners Managing Director Mike Salvino. Together, the Infinia ML team has produced 31 patents, 11 books, 7 Ph.D.s, and more than 575 published papers.

Learn more at InfiniaML.com

About HFS Research
HFS’ mission is to provide visionary insight into major innovations impacting business operations, including: automation, artificial intelligence, blockchain, digital business models, and smart analytics.

We focus on the future of operations across key industries. We influence the strategies of enterprise customers to develop operational backbones to stay competitive and partner with capable services providers, technology suppliers, and third-party advisors.

Read more.

Media Contact:
James Kotecki
[email protected] 
984-227-8480

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SOURCE Infinia ML

MCLEAN, Va., July 31, 2018 /PRNewswire/ — Dihuni, a leading Internet of Things (IoT), artificial intelligence (AI) and digital transformation IT infrastructure and solutions company today announced it has become an Authorized OEM Partner in the Dell EMC Partner Program. 

Dell EMC OEM partners are selected based on their resources and capabilities dedicated to helping OEM customers bring products to market efficiently. As a Dell EMC OEM Channel Partner, Dihuni offers expertise in hardware, software and services to create technology solutions that help eliminate information technology (IT) and operational technology (OT) complexity for customers and help create improved efficiencies. The partnership enables Dihuni to provide Dell Edge Gateways for IoT, embedded PCs, and custom branded server hardware to power purpose-built appliance solutions for Independent Software Vendors (ISV).

Dihuni helps industrial companies select the right hardware platform for their solutions and provides deep expertise in IoT and emerging areas such as artificial intelligence (AI), deep learning and machine learning. With Dell EMC OEM solutions, Dihuni helps companies bring to life smart IoT solutions in multiple verticals to enable the development of intelligent buildings, smart factories and smart cities in a compressed timeframe. Additionally, data collected from these smart IoT solutions can be sent to a private or public cloud for further analytics and insights to drive applications providing customers with a complete digital transformation offering.

ISVs looking for a custom branded server appliance bundled with their application software can benefit significantly from Dell EMC’s high-quality products and logistics. With Dell EMC OEM Solutions’ vast supply-chain network, Dihuni can help customers bring a finished industry and application specific product to market faster.

“We are honored to be selected as a Dell EMC OEM Partner in recognition of our extensive experience in smart IoT solutions and back-end IT infrastructure,” said Pranay Prakash, Dihuni CEO. “In a digital world, where companies are racing to deliver digital outcomes to end users, Dell EMC OEM Solutions brings a unique combination of dedicated server and embedded systems and global logistics expertise helping IoT and IT organizations to focus on their core business and bring finished products to market faster than competitors. Together Dell EMC and Dihuni help customers accelerate their product development and deliver right sized digital transformation infrastructure solutions.” 

Learn more about the Dell EMC OEM Solutions and Dihuni partnership by visiting:

https://www.dihuni.com/dell-emc-oem-servers-appliances-and-embedded-edge-devices-for-security-software-machine-learning-and-iot-applications/

For a complete portfolio of Dell EMC’s IoT 3000 and 5000 Series Gateway products. Please visit:

https://www.dihuni.com/product-category/embedded-iot-servers-and-gateways/embedded-iot-servers-and-gateways-by-manufacturer/dell-embedded-iot-servers-and-gateways/

About Dihuni

Dihuni is a leading provider of Digital Transformation, Internet of Things (IoT), Deep Learning and Artificial Intelligence (AI) Solutions. The internet has changed everything – from software applications to compute, storage and networking hardware. Dihuni helps businesses in achieving desired digital outcomes and ensures customers are enabled with the right hardware, software and services to make that happen.

Media Contact : [email protected] or 703-436-4721

All product, services, and company names herein may be trademarks of their registered owners.

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SOURCE Dihuni

PALM BEACH, Florida, July 31, 2018 /PRNewswire/ —

MarketNewsUpdates.com News Commentary 

The blockchain and Artificial Intelligence (AI) are two cornerstones of the new technology frontier. The blockchain offers a secure yet transparent way of handling big data, while AI looks to replace traditional human intervention or outdated algorithms with smart coding that can learn and adapt from the information it collects. The rising technological and operational paradigms that are a source of disruption for the digital currency industry is reaching new levels because of the latest implementation. Disruptive and innovative applications of new technologies that include Artificial Intelligence (AI), Internet of Things (IoT), cloud computing, biometrics, digital identity, blockchain, cybersecurity are all playing a huge role with regards to the many facets of technology including digital currency all setting up to become the next generation in technological advancements. Active tech companies in the markets this week include Gopher Protocol Inc. (OTC:GOPH), Pareteum Corporation (NYSE:TEUM), Seven Stars Cloud Group, Inc. (NYSE:SSC), Riot Blockchain, Inc. (NASDAQ:RIOT), Accenture (NYSE:ACN).

Gopher Protocol Inc. (OTCQB:GOPH) BREAKING NEWS: Gopher Protocol, a company specializing in the creation of Internet of Things (IoT) and Artificial Intelligence, enabling mobile technologies, is now embedding its Avant! AI into its 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, 2018https://www.otcmarkets.com/stock/GOPH/news/Gopher-Protocols-Exclusive-Licensor-Files-Patent-Covering-Proprietary-GRC-Blockchain-Based-Radio-Generated-Digital-Curre?id=195811

Gopher Avant! AI is targeted to support a wide variety of applications, among them Gopher digital coin, our GEO tracking system, MESH network operation, autonomous operation and overall control of Gopher’s microchip technology. Avant! AI has been designed to supervise the Blockchain System to keeps records of all data exchanges, referred to as a ledger in the cryptocurrency world. It is intended that, when fully developed, each data exchange, which is a transaction, will be inspected and supervised by Avant! for security, authenticity and accuracy. Only after Avant! inspection and approval, the transaction will become verified and added to the ledger as a block. The AI system will be embedded as an integral part of Gopher’s digital coin Blockchain system.

“We will utilize Avant! AI features to ensure secured and accurate operation of our digital coin for the benefit of our users” provided Danny Rittman, Gopher’s CTO. “Avant! will be supervising our distribution system to verify each transaction. Only when signed and verified by Avant!, will each transaction will be added to the Blockchain as a block. We believe Avant! AI capabilities will ensure the ultimate security and efficiency verifying each exchange. Although our digital coin is a decentralized system, using Avant! cognitive capabilities will enable Blockchain behavior patterns study, intruder predictions/alerts and real time contingency plans in order to maintain tight security. As Avant! has been designed to learn from its experience, with time, we believe it will have the capability to manage our digital coin Blockchain autonomously becoming the system’s authority” continued Dr. Rittman.  Read this and more news for GOPH at http://www.marketnewsupdates.com/news/goph.html 

Other recent developments in the tech industry include:

Pareteum Corporation (NYSE:TEUM), the rapidly growing Global Cloud Software company, delivering award winning mobile enablement solutions, announced last week its existing customer, a Brazilian-based Mobile Service Provider, has chosen Pareteum’s Global Cloud Solution Platform (GCSP) to empower their expanding global offering. Pareteum’s Global Cloud Solutions Platform provides our client an integrated software application view for safely and securely managing their global traveler customers. The Brazilian-based company will now use Pareteum’s GCSP to provide mobile airtime connectivity, specifically designed for their customers’ use when traveling to the United States. Pareteum’s Insights Engine will provide metrics and data as customer preferences are identified, designing new product offerings, based off that information. End-customers will recognize higher-value local connectivity options provided at lower costs, as opposed to standard international roaming fees.

Seven Stars Cloud Group, Inc. (NYSE:SSC), is pleased to announce that the Company has successfully raised $26M from various leading strategic investors. 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.

Riot Blockchain, Inc. (NASDAQ:RIOT) recently announced the beta development of its own private Bitcoin Mining Pool. Mining pools are groups of miners that work as a team and contribute their hashing power to solving computations that secure the blockchain. By pooling resources, miners increase the odds and consistency of receiving block rewards, which are the fees collected as part of Bitcoin’s “proof of work” security model. Securing the Bitcoin network is based heavily on the distributed nature of mining power. As mining pools have become more popular, higher percentages of the global hash rate have become centrally managed. This centralization has created potential security concerns within the Bitcoin community.

Accenture (NYSE:ACN) and Google Cloud last week launched the Accenture Google Cloud Business Group (AGBG), which will help companies use Google Cloud technology to help deliver superior customer experiences and accelerate their digital transformation journeys. Combining Accenture’s extensive industry knowledge with the power of Google Cloud technology, AGBG will allow Accenture and Google Cloud to develop intelligent solutions leveraging data-driven insights. The new group is comprised of a team of specialists from both companies and will initially focus on developing cross-industry solutions for clients in North America, Europe and Japan. In addition, Accenture was recognized as the 2017 Google Cloud Platform Partner of the Year, in recognition of Accenture’s demonstrated sales, marketing, technical and support excellence to help clients take advantage of the Google Cloud product suite to transform their businesses.

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

WASHINGTON and NORTH ANDOVER, Mass., July 31, 2018 /PRNewswire-PRWeb/ — ATIS and the SIP Forum today announced the release of two new technical reports advancing industry efforts to mitigate unwanted robocalling: the Technical Report on a Framework for Display of Verified Caller ID (ATIS-1000081) and the Technical Report on SHAKEN API for a Centralized Signing and Signature Validation Server (ATIS-1000082).

These two new resources further define the framework provided by the Signature-based Handling of Asserted Information using toKENs (SHAKEN) (ATIS-1000074) specification, which offers, for the first time in the network, a practical strategy to provide verified information about the calling party as well as the call’s origin. SHAKEN specifically defines a mechanism to verify a calling number and specifies how identity information will be securely transported in SIP “on the wire.” It was developed in the ATIS/SIP Forum Joint IP-NNI Task Force.

“These two new resources are critical to helping service providers implement SHAKEN,” said ATIS President and CEO Susan Miller. “They are products of ATIS’ continued collaboration with the SIP Forum and are instrumental to industry efforts to address the robocalling problem and maintain consumer trust in the voice network.”

“The SIP Forum is committed to working together with ATIS to continue to develop the operational documents for the SHAKEN Framework, and these two new reports provide important additional guidelines and details essential to the successful deployment of the SHAKEN standard,” said SIP Forum Chairman Richard Shockey.

The Technical Report on a Framework for Display of Verified Caller ID provides a framework for signaling verified Caller ID information from the network to a User Equipment (UE), and displaying the information on the UE in a uniform manner, independent of technology. The goal is to produce display guidelines that help meet the goals of regulators and consumer protection agencies for empowering consumers with simple and effective information on the displayed Caller ID. This will help consumers know if a call is from who it says it is from so they can make an informed decision on whether to answer.

The Technical Report on SHAKEN API for a Centralized Signing and Signature Validation Server provides additional detail on one possible implementation of the SHAKEN specification in service provider networks. It defines a RESTful interface (API) that can be used in the SHAKEN framework to interface with a centralized server to sign and verify telephony identity for multiple nodes within a network. Implementing SHAKEN authentication and verification functions in a centralized server that can be accessed via an API supports cloud-based implementations and is designed to enable a more cost-effective network deployment.

All SHAKEN resources are available on the ATIS website here or on the SIP Forum site here.

About ATIS
As a leading technology and solutions development organization, the Alliance for Telecommunications Industry Solutions (ATIS) brings together the top global ICT companies to advance the industry’s business priorities. ATIS’ 150 member companies are currently working to address 5G, cyber security, robocall mitigation, IoT, artificial intelligence-enabled networks, the all-IP transition, network functions virtualization, smart cities, emergency services, network evolution, quality of service, billing support, operations, and much more. These priorities follow a fast-track development lifecycle – from design and innovation through standards, specifications, requirements, business use cases, software toolkits, open source solutions, and interoperability testing.
ATIS is accredited by the American National Standards Institute (ANSI). ATIS is the North American Organizational Partner for the 3rd Generation Partnership Project (3GPP), a founding Partner of the oneM2M global initiative, a member of the International Telecommunication Union (ITU), and a member of the Inter-American Telecommunication Commission (CITEL). For more information, visit http://www.atis.org.

About the SIP Forum
The SIP Forum is a leading IP communications industry association that engages in numerous activities that promote and advance SIP-based technology, such as the development of industry recommendations; interoperability testing events including SIPit, and special workshops, educational activities, and general promotion of IP communications standards, services, and technology for service provider, enterprise and governmental applications. The SIP Forum is also the producer of the annual SIPNOC conferences (for SIP Network Operators Conference), focused on the technical requirements of the service provider community. One of the Forum’s technical activities is the development of the SIPconnect Technical Recommendation – a standards-based SIP trunking recommendation that provides detailed guidelines for direct IP peering and interoperability between IP PBXs and SIP-based service provider networks, and the SIPconnect Certification Testing Program, a unique certification testing program that includes a certification test suite and test platform, and an associated “SIPconnect Certified” logo program that provides an official “seal of certification” for companies products and services that have officially achieved conformance with the SIPconnect specification. Other important Forum initiatives include work in security, SIP and IPv6, and IP-based Network-to-Network Interconnection (IP-NNI). For more information about SIP Forum initiatives, please visit: https://www.sipforum.org.

 

SOURCE SIP Forum LLC

NEW YORK, July 31, 2018 /PRNewswire/ — MOV37, the research and investment platform for Autonomous Learning Investment Strategies (ALIS), has launched the ALIS in Dataland podcast to explore how the intersection of man, machine and data science is creating a revolutionary new wave of investment managers.

“Technology is having a disruptive impact across industries, and investment management is no different,” said Jeffrey Tarrant, Chairman and Founder of MOV37. “When transformation occurs it usually comes from outside an industry, and we’re seeing that now with coders, gamers, hackers and academics figuring out how to leverage machine learning and data to make money from markets while using a fraction of the people and resources needed by existing methods.”

ALIS in Dataland draws on the extensive network of MOV37’s principals and advisors to feature some of the most interesting and innovative voices in data science and artificial intelligence, as well as the people launching the ALIS managers that are applying these techniques in revolutionary new ways in investment management.

“The podcast will bring to light some of the leading minds in data and AI and let people hear firsthand what they’re doing and the impact they’re having,” said Adil Abdulali, Chief Data Scientist at MOV37.

ALIS in Dataland can currently be accessed at Apple Podcasts (iTunes), Stitcher, YouTube and www.mov37.com/alis-in-dataland. New episodes will be released periodically.

The first episode, “Artificial Intelligence: The Nuclear Winter is Over,” features Hein Hundal, Chief Scientist at Random Order, Inc., a California-based software design and development team at the intersection of highly scalable machine learning methodologies. Among other things, the Random Order team has built an automated robotic trading system based on machine reading of live news and various financial reports, and designed a comprehensive non-parametric trading robot consisting of a battalion of intelligent trading agents who collected data, reduced model complexity, compensated for degrees of freedom, built and validated hypotheses, and side-stepped the curse of dimensionality.

“Hein is a visionary in the fields of machine learning, data and game theory,” said Michael Weinberg, Chief Investment Officer at MOV37. “We had a fascinating discussion about how machine learning came out of its nuclear winter and started to work, to the point where it’s now beating humans in an increasing range of tasks. A key point was how humans are no longer teaching the machines; the machines are now teaching themselves. This has profound implications not only for the investment industry but for many fields around the world.”

The next ALIS in Dataland podcast episode will feature MOV37 advisory board member Zubin Siganporia, founder of QED Analytics and Fellow in industrial and applied mathematics and lecturer in pure mathematics at Oxford University. In the podcast, MOV37 Founder Jeffrey Tarrant and Zubin discuss cutting edge data topics including homomorphic encryption, the impact of quantum computing on cryptography, the spread of data-driven approaches to an increasing number of fields, and how machine learning and AI tools are starting to outperform domain experts.

About MOV37:

MOV37, LLC is a research and investment platform for Autonomous Learning Investment Strategies (ALIS). ALIS are the new wave of emerging managers using machine learning, new data and cheap computing power to run innovative investment strategies at lower costs versus traditional quantitative or fundamental managers. MOV37’s principals and advisors use their deep connections and backgrounds in finance, technology and academia to identify the best minds in autonomous learning, data analysis and blockchain, and the firm builds institutional-grade fund structures to help selected ALIS managers access investor capital. More information is at www.mov37.com.

Contact:

MOV37
+1 212 784 6300
[email protected]

Media Inquiries:

Ed Rowley / Steve Bruce
ASC Advisors
+1 203 992 1230
[email protected] / [email protected]

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SOURCE MOV37

SAN JOSE, Calif., July 31, 2018 /PRNewswire/ — Vectra, the leader in AI-driven cyberattack detection and threat hunting, has earned three gold awards from the prestigious Globee® Awards, the premier global business awards program open to for-profit, non-profit and government organizations worldwide. The annual Globee Awards program encompasses the best global organizations that have been evaluated based on growth and merit.

Vectra was named a gold winner in the following categories:

  • Information technology/security – big data
  • Information technology/security – network security
  • Information technology/security – security solution for large enterprises

More than 80 experts in a broad spectrum of industries from around the world participated in the Globee Awards judging process. Their average scores determined the 2018 award winners.

“Winning three gold Globee Awards is a testament to the innovation, customer traction and business growth at Vectra,” said Mike Banic, Vectra vice president of marketing. “In addition to our 138% revenue growth and expanding customer base, Vectra continues to lead AI-powered threat detection and hunting with our industry-leading Cognito platform.”

The Cognito platform from Vectra enables enterprises to automate detection and empower hunting for cyberattacks in real time. Cognito uses artificial intelligence (AI) to perform non-stop, automated threat hunting with always-learning behavioral models to quickly and efficiently find hidden and unknown attackers before they do damage. Cognito provides full visibility into cyberattacker behaviors from cloud and data center workloads to user and internet-of-things devices, leaving attackers with nowhere to hide.

Cognito Detect and its equally powerful AI counterpart, Cognito Recall, are the cornerstones of the Cognito platform. Cognito Detect automates the real-time detection of hidden attackers while giving Cognito Recall a logical starting point to perform AI-assisted threat hunting and conduct conclusive incident investigations.

About Globee Awards
Globee Awards was created to honor and generate industry-wide recognition of the achievements and positive contributions of organizations and businesses worldwide in every area. An annual industry and peer recognition program, Globee Awards recognizes best companies of all types and sizes in North America, Europe, Middle-East, Africa, Asia-Pacific and Latin-America; best products, innovations, management and teams; women in business and the professions; and PR and marketing efforts from all over the world. Learn more about the Globee Awards program at www.globeeawards.com.

About Vectra
Vectra® is transforming cybersecurity with AI. Its Cognito platform automates cyberattack detection and empowers threat hunters from data center and cloud workloads to user and IoT devices. Cognito correlates threats, prioritizes hosts based on risk and provides rich context to empower incident response with existing security systems, reducing security operations workload by 32X. The company has been issued 10 U.S. patents with 11 patents pending for cybersecurity applications of machine learning and artificial intelligence. Vectra is headquartered in San Jose, Calif. and has European regional headquarters in Zurich. For more information, visit vectra.ai.

Media contact
John Kreuzer
Lumina Communications for Vectra
[email protected]
(408) 896-3307

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SOURCE Vectra

PALO ALTO, California, July 31, 2018 /PRNewswire/ —

AntWorks, a leading Artificial Intelligence (AI) and Intelligent Automation products and solutions company, today announced their Series A funding with a $15 million investment by SBI Investment Co., Ltd., a subsidiary of SBI Holdings, Inc., which conducts investments and management of venture capital funds, at an undisclosed valuation. This investment will provide AntWorks with an impetus for their next level of growth in Artificial Intelligence & Enterprise RPA, fuel R&D, strengthen their marketing and sales engine, and energise their foray into newer markets. 

     (Logo: https://mma.prnewswire.com/media/724156/AntWorks_Logo.jpg )

     (Logo: https://mma.prnewswire.com/media/724166/SBI_Holdings_Logo.jpg  )

     (Logo: https://mma.prnewswire.com/media/724158/SBI_Investment_Logo.jpg )

In addition, in an unusual show of commitment, a joint venture between SBI and AntWorks was also announced to tap the tremendous opportunities in the emerging AI space in South East Asia.

Fuelled by cognitive automation and machine-learning capabilities, AntWorks delivers industry-best RPA – that’s powered by AI – using its ANTstein™ platform to enterprises of all sizes. AntWorks provides a unique code-free RPA product and its one-of-a-kind Cognitive Machine Reading (CMR) engine – that is very rapidly replacing OCR – is the most critical component to any Automation, RPA or digitisation journey for enterprises as it ingests any data type – Structured, Unstructured, Inferred, or Image data.

Asheesh Mehra, Founder and Group CEO, says, “When Govind Sandhu and I started AntWorks with a small, passionate group of people, the dream was to create a company that would serve as a catalyst for enterprises on their digitization journey. SBI Holdings reposing this faith in us with both the investment and the joint venture is a validation and an opportunity to grow and come into what we have always believed AntWorks can be – a true leader forging a new path, reimagining business as usual. Today I feel pride in our team who have worked so tirelessly and gratitude towards SBI Holdings and towards every employee, partner, analyst and well-wisher who has been on this journey with us. May we remain fresh in our approach, fearless in embracing change and fast in learning, adapting and delivering on everything we stand for as AntWorks.”

As a relatively new entrant, AntWorks has already made a global impact in the space and is consistently benchmarked against competitors who have been in the space for far longer. The AntWorks differentiator is in bringing together all three pieces of the Automation puzzle, effortlessly and under one umbrella – Data Ingestion, RPA, and Artificial Intelligence.

“AntWorks’ has risen through the ranks of global RPA, Automation and Artificial Intelligence companies with a ferocity that’s unprecedented in the industry. We are excited with the possibilities of ANTstein™ and look forward to their growth in the Asian region through our joint venture, as well as globally,” said Mr. Yoshitaka Kitao, Representative Director, President, and CEO of SBI Holdings, Inc. “SBI Group is actively involved in introducing RPA solutions to financial institutions in Japan and strongly believes in the future of this field.” 

Highlights of AntWorks’ capabilities, enterprise automation solutions, and business growth:

• Providing solutions for about 450+ customers and with a presence in 4 continents, AntWorks is building a business that works with a diverse range of verticals and creates unique Deep Automation™ solutions for every industry.
• Their intelligent automation platform – ANTstein[TM]has made an impressive debut with its user-friendly interface, code free RPA environment, intuitive ML (Machine Learning), & NLM (Natural Language Modelling) capabilities.
• ANTstein™ is unmatched in the industry for both its deep automation capability and its ability to meet diverse AI requirements across industries. 
• AntWorks’ advanced capabilities in AI, NLP, and NLM, allow training of BOTs which are proficient and highly accurate while performing higher-value tasks.
• In a marketplace that is growing at 10X multiples, AntWorks has the only end-to-end automation offering in the market built using the fundamentals of fractal science.
• AntWorks has performed at an annual revenue growth in 3-digit multiples.
• Analytics Insight included AntWorks in their annual report of the 10 most innovative companies in Machine Learning for July 2018. They were also awarded the IDC Digital Disruptor of the Year for 2017 apart from a number of other accolades and analyst mentions over the last 18 months. 
• SQUARE, the new RPA product release, is slated for Q4 of this calendar year and details will be released closer to launch. 

“With this investment we will work together with SBI Group to bring end-to-end, AI-based Enterprise RPA to the globe in a way not done before. Our goal is to empower enterprises in emerging markets like Philippines, India, China, etc. – by unleashing the limitless potential of Machine Learning and Cognitive Automation,”  says Govind Sandhu, Co-Founder and CFO, AntWorks.

“The funding that we have received and the repute of our investors will only bolster our efforts to forge ahead. Our ANTstein[TM] platform will be leveraged to automate administration and augment human judgement, creating new criteria for success: collaboration capabilities, information sharing, experimentation, learning, and decision-making effectiveness. I am excited about this investment from SBI Group and I welcome them to the board as their contribution will be game-changing, for us at AntWorks and for the industry at large,” says Asheesh Mehra in his closing remarks. 

Interact with AntWorks:  

Visit our website: http://www.ant.works

Follow us on Twitter: @AntWorksGlobal

Connect with us on LinkedIn: https://www.linkedin.com/company/antworks-reimagine-it/

About AntWorks:  

AntWorks is a global, artificial intelligence (AI) and intelligent automation company; creating new possibilities with data through automation, digitization, and enterprise intelligence. They provide a unique integrated, intelligent, automation enterprise-level product that is powered by Fractal Science. We create Intelligent Integrated Automation Stacks that can ingest and process all forms of data – from structured to inferred data- helping transform an enterprise’s operations and creating new business models for them. AntWorks was founded by Asheesh Mehra, Co-Founder and Group CEO; Govind Sandhu, Co-Founder and Chief Financial Officer.

About SBI Investment:   

SBI Investment, the core business in the Asset Management Business of the SBI Group, operates and manages venture capital funds under the management philosophy to become the leading company in the creation and incubation of core industries of the 21stcentury as a “new industry creator”. 

Media Contact:
Pranjal Dutta
[email protected]  
+91-8450977901

 

SOURCE AntWorks

SAN FRANCISCO, July 31, 2018 /PRNewswire/ — Demandbase, the leader in Account-Based Marketing (ABM), today unveiled the results of its Privacy and GDPR survey, issued in conjunction with global research firm, Demand Metric, to understand marketers’ approach to data privacy. The research was conducted about one month after the GDPR deadline and found that 23 percent of marketers surveyed were not even aware of the GDPR. Of those who are aware of the GDPR, only 32 percent of marketers report that their companies are fully GDPR compliant. Third party vendors may be an even larger concern, as 80 percent surveyed report concern that their marketing technology vendors may expose their company to legal risks because they are not GDPR compliant. Based on these results, it is not surprising that nearly 75 percent of study participants also report that their companies will invest in technology to improve their approach to data privacy.

[Click-to-Tweet]: [email protected] & @DemandMetric research uncovers insight on marketers approach to data privacy & #GDPR compliance https://demandb.se/2LJgX1J

Demandbase and Demand Metric data privacy research

 The survey results demonstrate that there remains much for marketers to learn and implement after the GDPR deadline. Survey respondents listed the top GDPR challenges for marketers as:

  1. Understanding the GDPR (57 percent)
  2. Data management (44 percent)
  3. Obtaining consent from users (40 percent)
  4. Technology barriers (37 percent)

Demandbase and Demand Metric data privacy research

“GDPR compliance is particularly important for the B2B industry because no company wants to do business with another company that’s going to be a liability for them,” said Fatima Khan, Chief Privacy Officer at Demandbase. “Marketing teams have a lot at stake to implement the GDPR regulations properly, which is why we have invested in taking steps toward GDPR compliance, such as internal training to protect ourselves and our customers from data privacy issues.”

Marketers are particularly concerned about obtaining rights to use data through consent. The research found that the main channels that companies use to obtain consent include:

  • Email (80 percent)
  • Online form (70 percent)
  • Website notice or banner (48 percent)

Demandbase and Demand Metric data privacy research

When it comes to refreshing consent for customer email lists, respondents were nearly evenly split between:

  • Asking everyone to re-consent (36 percent)
  • Taking a limited country-by-country approach (35 percent)
  • Not refreshing consent (30 percent)

In addition, the majority of companies surveyed (60 percent) are changing their global approach to privacy in light of the GDPR, with Europe and North America as the most affected regions.

“Companies have to recognize that the GDPR isn’t a single compliance action, but instead is the start of a continuous process of reevaluating privacy compliance as technologies and data processes evolve,” said Khan. “With that said, I do believe that these privacy changes will ultimately create more transparency and provide new opportunities for marketing departments to be more engaging, clear and customer-centric.”

The survey found that 86 percent of organizations value the protection of data from a significant to a moderate extent, citing customer expectations (73 percent) and legal responsibilities (72 percent) as the top reasons. Over 90 percent of respondents believe that ensuring data privacy will help their marketing team build trust with customers and also help their marketing team deliver a better customer experience.

The study results also examined companies’ investment in the GDPR compliance and found that 22 percent of study participants report that they are not spending any money on the GDPR compliance. In an analysis correlating investment to revenue growth, results found that revenue-stagnant companies are nearly twice as likely to report they are not spending any money on the GDPR. Revenue-growth companies were much more likely to report spending $50,000 USD or more on compliance.

The research surveyed 255 marketers globally from June 13 – June 28, 2018. The majority of respondents are employed at organizations with between 20-10,000 employees and come from a diverse set of industries, including business/professional services, consulting, education, financial services, healthcare, Internet, manufacturing, marketing, non-profit, retail, telecommunications and others.

For more information on the Demandbase and Demand Metric Privacy GDPR survey, please register for “The GDPR for B2B Marketers” webinar on August 22 at 9 a.m. PT/12 p.m. ET, which will discuss the full survey report, or visit our blog at5 Key GDPR & Privacy Findings for B2B Marketers. An abridged version of the report can be downloaded here

About Demandbase
Demandbase is the leader in Account-Based Marketing (ABM). The company offers the only Artificial Intelligence-enabled, comprehensive ABM platform that spans Advertising, Marketing, Sales and Analytics. Enterprise leaders and high-growth companies such as Accenture, Adobe, DocuSign, GE, Salesforce and others use Demandbase to drive their ABM strategy and maximize their marketing performance. The company was named a Gartner Cool Vendor for Tech Go-To Market in 2016. For more information, please visit www.demandbase.com or follow the company on Twitter @Demandbase.

Demandbase (PRNewsFoto/Demandbase)

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SOURCE Demandbase

NEW YORK, July 31, 2018 /PRNewswire/ — OnDeck® (NYSE: ONDK), the leader in online lending to small business, today announced that CieloIT, a Managed Services Provider (MSP) specializing in technology solutions for business, has been selected as the OnDeck Small Business of the Month for July 2018.

Imre Szenttornyay, Chief Executive Officer, CieloIT

Based in Lubbock, Texas, CieloIT was founded in 2009 by entrepreneur Imre Szenttornyay. Imre selected Lubbock as the headquarters for the company due to his family roots in the area, outstanding universities and a firm belief that the City of Lubbock had the potential to become “the Silicon Valley of West Texas.”  The journey from startup to a Texas technology star was not an easy one for Imre as he encountered challenges at nearly every stage in funding his dream.  

“Securing financing to grow CieloIT was difficult for us due to antiquated processes within traditional financing institutions,” said Imre Szenttornyay, Chief Executive Officer, CieloIT.  “The application process to obtain a small business loan was convoluted and we were stuck in cycle upon cycle of paper work in underwriting departments, delaying our application and frustrating us to no end. I thought to myself, there has to be another way.”

In the spring of 2011, with multiple projects underway that required financing, Imre was referred to OnDeck and immediately found simplicity and ease online.  

“The team at OnDeck has assisted our organization in obtaining financing five times over the last four years,” said Imre.  “The simplified application and ease of doing business with them makes for the perfect financial solution for us. Other banks were willing to work with us based on our excellent business credit, but they could not respond to our needs in a timely manner like OnDeck.”

OnDeck stepped up to provide financing for CieloIT in 2011 and has provided additional loans at key times in the company’s growth. According to Imre, he works closely with OnDeck to take just the right amount of financing at just the right time for his business needs.

“In the face of shrinking funding from traditional banks, having a strong relationship with OnDeck has been crucial as we build out our business strategically with smart and timely financing,” said Imre.  “The high standards set by OnDeck, the seamless experience and fast decision making, along with their transparency has changed my view of small business financing for the better.” 

“At OnDeck, we are focused on building long-term relationships with our customers,” said Andrea Gellert, Chief Revenue Officer, OnDeck. “It has been a privilege for us to work with Imre over the last seven years and to see how our financing has helped CieloIT become a leading company in the West Texas region.”   

Today, CieloIT specializes in Cloud and Internet-based solutions for business, offering rapid development and prototyping of custom managed cloud hardware and software through CieloLabs’ Blue Kit. The company owns its own VOIP platform (CieloVoice) and PINK Verify certified service desk software platform with built-in Artificial Intelligence (AI), Internet of Things (IoT) sensor support and Machine Learning (ML). CieloIT also provides low voltage, IT, security, A/V and cabling systems integration, monitoring, consulting, staging, deployment, training, maintenance, field service management and project management through its own multi-lingual call center and ITIL certified helpdesk with English, Spanish, German, and Portuguese capabilities.

To learn more about how CieloIT is turning the West Texas region into a hotbed of technology innovation, visit: https://www.cieloit.com/

Since its inception in 2007, OnDeck has provided more than $826 million in capital to small businesses in Texas.

The Small Business Spotlight series from OnDeck is designed to reinforce the vital importance of small business owners. Every month, OnDeck spotlights the achievements of its small business customers and how they are thriving as a result of receiving capital from OnDeck. To learn more, visit http://www.ondeck.com/smallbusinessspotlight

About OnDeck
OnDeck (NYSE: ONDK) is the leader in online small business lending. Since 2007, the company has powered Main Street’s growth through advanced lending technology and a constant dedication to customer service. OnDeck’s proprietary credit scoring system – the OnDeck Score® – leverages advanced analytics, enabling OnDeck to make real-time lending decisions and deliver capital to small businesses in as little as 24 hours. OnDeck offers business owners a complete financing solution, including the online lending industry’s widest range of term loans and lines of credit. To date, the company has deployed over $8 billion to customers in 700 different industries across the United States, Canada and Australia. OnDeck has an A+ rating with the Better Business Bureau and is rated 5 stars by Trustpilot. For more information, please visit www.ondeck.com.

OnDeck, the OnDeck logo, OnDeck Score and OnDeck Marketplace are trademarks of On Deck Capital, Inc.

 

OnDeck Logo (PRNewsfoto/On Deck Capital, Inc.)

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SOURCE On Deck Capital, Inc.

CHICAGO, July 31, 2018 /PRNewswire/ — Cars.com (NYSE: CARS) today announced the launch of Social Sales Drive™, a powerful new offering that enables automotive retailers to maximize the impact of their Cars.com used car listings with seamless integration on Facebook Marketplace. Social Sales Drive builds on Cars.com’s leadership in social media marketing to provide more efficient advertising, combining the comprehensive data and targeting power of Cars.com with millions of Americans looking at vehicle listings every day on Facebook Marketplace.The new solution uses proprietary artificial intelligence chatbot technology to power conversations with consumers and capitalize on off-hour shopping via Facebook Messenger. Beta testing showed more than 50 percent of car buyers on Facebook Marketplace wanted to interact after business hours.²

Cars.com Logo

“Social is a must-have for automotive dealers with the increasing amount of time people spend on social media and their desire for a shopping experience that meets them where they are. The combination of powerful Cars.com advertising and targeting with the efficiency of social as a selling channel is a win-win for dealers and manufacturers,” said Alex Vetter, chief executive officer of Cars.com. “Cars.com is innovating at the speed of retail and leading the way for social selling in automotive.”

At a time when dealers have more options than ever to market their inventory and build their brand, Cars.com has proved to be a valuable partner. And when combined with the power of social platforms like Facebook, dealers stand to gain even more. It has been proven that Facebook is twice as efficient as paid search in directing active car shoppers to a dealership’s website who engage with inventory and special deals.³

Vetter added that Cars.com’s integrated social tools enable advertisers to combine valuable third-party data and technology with social media platforms to better target and connect with a new audience to sell more cars. This is becoming increasingly vital as Facebook begins curbing the use of first-party data in marketing.⁴

Key features of Social Sales Drive include:

  • Seamless integration. The solution automatically uploads enrolled dealers’ entire used-car inventory to Facebook Marketplace. Conversations℠, a powerful messaging platform, seamlessly integrates into dealers’ websites, enabling 24/7 managed chat between dealers and car shoppers via Facebook Messenger.
  • Extended business hours. More than 50 percent of Facebook Marketplace car shoppers are connecting with dealerships during off-hours between 6 p.m. and 9 a.m. With “Ana Bot,” a proprietary A.I. powered chatbot and 24/7 managed-chat support, consumers receive real-time answers to their vehicle inquiries and dealers do not miss an opportunity to connect with consumers after hours to sell more cars.
  • Builds dealers’ social brands. Social Sales Drive is a Facebook Marketplace-integrated product in automotive that directly connects a dealer’s inventory to its business page on Facebook, driving more exposure in front of active car shoppers and building the dealer’s social brand.
  • Massive audience reach. Cars.com receives more than 35 million visits each month and 81 percent of those shoppers plan to purchase or lease in the next six months.² Coupled with the millions of Americans looking at vehicle listings every day on Facebook Marketplace, dealers can connect with a significant audience of ready-to-buy car shoppers.

The new solution proved a runaway hit during beta testing, with full, rapid adoption in test markets that prompted a nationwide waiting list of more than 1,100 dealers.

“I’ve wanted to take advantage of Facebook Marketplace for some time, so when Cars.com offered to get all our inventory up and manage chats on our behalf, I was very interested,” said Kevin Jamiel, a sales manager at Chuck Nicholson Mazda in Dover, Ohio who participated in the Cars.com pilot for Social Sales Drive. “The managed chat functionality does an amazing job of getting shoppers’ basic information and then handing them off to us, so we don’t have to sit in front of a computer answering Facebook messages all day. We sold 10 cars in the first six weeks using this product. We love it!”

Cars.com’s full suite of social solutions serves automotive dealers and manufacturers in two ways:

  • Social audience solutions: These products leverage Cars.com’s 70 percent unique and unduplicated audience on social media platforms.² Our first-party data cannot be purchased or accessed anywhere else. Cars Social, which was launched earlier this year, spurred significant demand, selling out in major cities within hours of its launch.
  • Social inventory solutions: Products such as Social Sales Drive extend the reach of dealers’ inventory onto Facebook Marketplace, allowing them to influence and connect with a new audience of active car shoppers.

Cars.com is focused on building solutions to advance social selling in the auto industry and improve the car shopping experience for consumers. The company became a listing partner with Facebook in October 2017 when Cars.com made a portion of its inventory available to the social platform. The move made it easier for car shoppers on Facebook Marketplace to browse Cars.com’s dealer partners’ vehicles. That first limited rollout resulted in a 27 percent increase in consumer connections with Cars.com dealers within two months.⁵

Cars.com is inviting dealers to enroll in Social Sales Drive starting today: Enroll here. The product will go live, beginning August 1.

¹ Facebook Marketplace, September 2017

² Cars.com Internal Data, June 2018

³ PCG Companies, July 2018

https://www.facebook.com/business/help/298717656925097 

⁵ Cars.com internal testing Dec. 1, 2017, through Feb. 28, 2018: 27 percent represents average leads driven per dealer across the Cars.com network versus number of leads produced from Conversations Starter for Social per dealer in test markets during the same time period.

ABOUT CARS.COM
Cars.com™ is a leading two-sided digital automotive marketplace that creates meaningful connections between buyers and sellers. Launched in 1998 and headquartered in Chicago, the company empowers consumers with resources and information to make informed buying decisions and enables advertising partners with innovative digital solutions and data-driven intelligence to increase inventory turn and gain market share. A pioneer in online automotive classifieds, the company has evolved into one of the largest digital automotive platforms, connecting thousands of local dealers across the country with millions of consumers. In 2018, Cars.com acquired Dealer Inspire®, a company that builds technology that helps future-proof dealerships for changing consumer behaviors and makes the car buying process faster and easier.

Cars.com properties include DealerRater®, Dealer Inspire®, Auto.com™, PickupTrucks.com® and NewCars.com®.  For more information, visit www.Cars.com

 

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SOURCE Cars.com, Inc.