"AI For A Better Life" LG Executives Outline New Vision For AI At IFA 2018 Opening Keynote

BERLIN, Aug. 31, 2018 /PRNewswire/ — Outlining the strategic direction for the new era of artificial intelligence, LG Electronics (LG) Chief Executive Officer Jo Seong-jin and President & Chief Technology Officer Dr. I.P Park delivered the joint opening keynote address at IFA 2018.

Outlining the strategic direction for the new era of artificial intelligence, LG Electronics (LG) Chief Executive Officer Jo Seong-jin (pictured above) and President & Chief Technology Officer Dr. I.P Park delivered the joint opening keynote address at IFA 2018.

This marks the first time that LG’s top executives have given a keynote address at a major global exhibition. Entitled Think Wise. Be Free: Living Freer with AI, the speech was experienced by more than 1,000 industry VIPs, influencers and journalists gathered in Berlin to hear LG’s framework for the future of AI.

LG’s IFA opening keynote represents a significant milestone for the company, demonstrating how its commitment to staying at the forefront of AI development in the consumer electronics industry has earned it prominence in the world stage at Europe’s largest consumer electronics exhibition.

Following the launch of the LG ThinQ earlier this year, LG has been focused on demonstrating the impact of its vibrant ecosystem embedded with a powerful AI solution based on LG’s open platform, open partnership and open connectivity strategy.

CEO Jo, a 42-year LG veteran, led the keynote, emphasizing the company’s underlying drive to provide consumers with a better life, defining this as the increased availability of freer and smarter choices in everyday living. He expressed his firm belief that advances in AI are key to presenting new possibilities for a better life. 

“Combined with edge computing and big data, as well as the ability to harness the enhanced connectivity of 5G, AI will bring each aspect of our lives into a seamless connected experience. Your home will know what kind of day you had in the office and will roll out the welcome mat by preparing the perfect environment for when you walk in the door,” said Mr. Jo.

CTO Park took the stage next and explained three key pillars of artificial intelligence: Evolve, Connect and Open. With the overarching message that AI is more than innovation for the sake of innovation but is in fact the very meaning of Innovation for a Better Life, Dr. Park went on to illustrate how these three key AI pillars will enhance our lives.

The evolution of AI must be based on continually increasing communication with users, according to Dr. Park, who explained LG’s methodology for the development of core AI technology: First, the company’s focus on speech recognition, image recognition, biometric recognition and deep learning algorithms; second, the benefits of seamless connectivity offered through LG’s diverse product portfolio that make it possible to eliminate the traditional constraints of space and time; and third, the infinite potential offered through increased connectivity, using LG’s robot vacuum cleaner as an example. He concluded by highlighting the importance of an open AI ecosystem and explaining LG’s intuitive webOS operating system.

The keynote also featured leading global AI experts, including renowned researcher Dr. Andrew Ng; Matthew Perry, Chairman of the Open Connectivity Foundation; Peter Kürpick, CTO of mapping technology firm HERE; and Kong Kyoung-chul, CEO of wearable robotics startup SG Robotics. These guest speakers were uniform in their support of LG’s vision for the future of AI.

Messe Berlin Group executive vice president and IFA executive director Jens Heithecker commended the keynote, saying, “We were pleased to have LG open the event by discussing AI, the hottest technology in the consumer electronics industry. I believe that attendees share LG’s vision for technology built around a user-centered philosophy and hope visitors will have a chance to visit the LG booth.”

LG will be showcasing its extensive lineup of consumer electronics and robots equipped with the latest AI technologies in the LG ThinQ zones in the LG booth, which together with the IFA opening keynote, further establish the company’s credentials as an AI leader around the world.

About LG Electronics, Inc.
LG Electronics, Inc. is a global innovator in technology and manufacturing with operations in more than 100 locations around the world. With 2017 global sales of USD 55.4 billion (KRW 61.4 trillion), LG is comprised of five companies ― Home Appliance & Air Solutions, Home Entertainment, Mobile Communications, Vehicle Components and Business-to-Business ― and is a world-leading producer of TVs, refrigerators, air conditioners, washing machines and mobile devices in addition to premium LG SIGNATURE products and ThinQ featuring artificial intelligence. For the latest news and information on LG Electronics, visit www.LGnewsroom.com.

About LG Electronics USA
LG Electronics USA, Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a $55 billion global force and technology leader in home appliances, consumer electronics and mobile communications. LG Electronics sells a range of stylish and innovative home appliances, home entertainment products, mobile phones, commercial displays, air conditioning systems and solar energy solutions in the United States, all under LG’s “Life’s Good” marketing theme. For more news and information on LG Electronics, please visit www.LG.com.

 

LG’s IFA opening keynote represents a significant milestone for the company, demonstrating how its commitment to staying at the forefront of AI development in the consumer electronics industry has earned it prominence in the world stage at Europe’s largest consumer electronics exhibition. During the keynote, CTO Park (pictured above) explained the three key pillars of artificial intelligence: Evolve, Connect and Open.

LG Electronics (PRNewsFoto/LG Electronics USA) (PRNewsfoto/LG Electronics USA)

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TransPerfect Strengthens AI Capabilities With Acquisition Of Language Technology Company Tauyou

NEW YORK and BARCELONA, Spain, Aug. 31, 2018 /PRNewswire/ — TransPerfect, the world’s largest provider of language and technology solutions for global business, today announced it has completed the acquisition of Barcelona-based language technology company Tauyou. Tauyou Founder Diego Bartolome will join TransPerfect’s senior technology leadership team as Director of Artificial Intelligence. Financial terms were not disclosed.

TransPerfect is the world's largest privately held provider of language and technology solutions. (PRNewsFoto/TransPerfect) (PRNewsFoto/TransPerfect)

Bartolome, a former board member of the Globalization and Localization Association (GALA), combines a passion for languages with deep technical knowledge in AI and has dedicated his career to expanding the usage of machine translation within the translation industry as well as the application of AI and machine learning to speech and image solutions. Bartolome has most recently worked in an extended collaboration with TransPerfect, where his leadership and technical acumen has played a significant role in directing the company’s research and development of AI solutions and applications of this rapidly advancing technology. This includes, among other solutions, TransPerfect’s secure AI portal for text and documents, industry-specialized MT applications, natural language generation, and predictive typing for translation and content creation. 

“TransPerfect has consistently shown a commitment to investing in the development of industry-leading technology to support our clients’ businesses as they seek to enter new markets as quickly and as effectively as possible,” said Bartolome. “I believe that TransPerfect is the best platform to ensure that Tauyou technology can benefit the industry and our clients, and it is the best place for me and my team to apply our skills to solve business problems through innovative applications of this ground-breaking technology.”

TransPerfect President and CEO Phil Shawe remarked, “Through our collaboration with Diego and the Tauyou team, we’ve witnessed firsthand the power and effectiveness of their technology. We’re very fortunate to be merging Tauyou into TransPerfect’s technology stack. The future holds great potential for Diego, the Tauyou team, and for our clients looking to drive efficiencies using AI-based tools and solutions.”

About Tauyou
Tauyou is one of the leading companies in artificial intelligence for translation, with a service offering including rule-based, statistical, and neural MT engines. Thanks to a skilled and experienced technical team, its machine translation solutions help companies reduce costs and delivery times, as well as enter new markets with efficient solutions.

About TransPerfect
TransPerfect is the world’s largest provider of language services and technology solutions for global business. From offices in over 90 cities on six continents, TransPerfect offers a full range of services in 170+ languages to clients worldwide. More than 4,000 global organizations employ TransPerfect’s GlobalLink® Product Suite to simplify management of multilingual content. With an unparalleled commitment to quality and client service, TransPerfect is fully ISO 9001 and ISO 17100 certified. TransPerfect has global headquarters in New York, with regional headquarters in London and Hong Kong. For more information, please visit our website at www.transperfect.com.

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Interest in the Blockchain Market Continues to Grow Globally

NEW YORK, August 31, 2018 /PRNewswire/ —

According to a report from Grand View Research, the global blockchain technology market size is expected to reach USD 7.59 Billion by 2024 while growing at a compound annual growth rate (CAGR) of 37.2% during the forecast years. Blockchain technology is considered as an electronic transaction-processing and record-keeping system, which eliminates the need for third-party verification. The technology helps facilitate faster settlement, enhanced security and provided greater efficiency. The blockchain industry is still in the development phase and further technology advancement would fuel the market growth. The public blockchain network segment is one of the fastest growing sectors and is expected to have a CAGR of 39.2%. Victory Square Technologies Inc. (OTC: VSQTF), Mitek Systems, Inc. (NASDAQ: MITK), Gopher Protocol Inc. (OTC: GOPH), ShiftPixy, Inc. (NASDAQ: PIXY), Pareteum Corporation (NYSE: TEUM)

Interest in blockchain technology continues to increase. According to a survey conducted by Deloitte, nearly 40% of more than 1,000 global executives said that their organization will invest USD 5 Million or more in blockchain technology in the coming year. 74% of respondents report that they see many of their organizations adopting the technology. About 34% of that number say their companies have been working on some blockchain system, while 42% of them say their companies plan to build their blockchain application within the next 12 months.

Victory Square Technologies Inc. (OTCQX: VSQTF) also listed on the Canadian Securities Exchange under the ticker (CSE: VST). Earlier last week, the Company announced, “A dynamic new technology and promotional partnership between its portfolio company FansUnite Entertainment Inc. (“FansUnite”) and the Leicester City Football Club, the 2016 English Premier League Champions.

The partnership will introduce the FansUnite brand to Leicester City FC supporters through targeted promotions and co-branded activations both in and outside the stadium.”

“Leicester City FC is a truly special story and a premier global sports brand,” said FansUnite CEO, Darius Eghdami. “Not only are The Foxes one of just six clubs to hoist the Premier League Trophy since its inception in 1992, they are at the forefront of innovation, incorporating new technology to help improve player performance and fan engagement.”

Eghdami added: “Partnering with a globally-recognized brand such as Leicester City that shares our commitment to improving conditions for sports fans through the application of new technology was a natural fit and a win-win for both companies.”

FansUnite (http://www.fansunite.com ), a blockchain protocol on target to disrupt and revolutionize the sports betting and sports data markets, is pioneering a tamper-proof and transparent global store for sports data. The FansUnite model will have far-reaching implications in a world that is increasingly conscious of data rights and sports integrity. Sports betting, daily fantasy and betting exchanges will be built atop the FansUnite Protocol.

“FansUnite has set their sights on powerfully transforming the entire sports betting and sports data marketplaces with their proprietary blockchain protocol and we couldn’t be happier to welcome Leicester City to the Victory Square family,” said Shafin Diamond Tejani, CEO of Victory Square. “The global reach and influence of The Foxes will expose FansUnite to millions of sports fans around the world. It serves as a great validation of their continued growth and success.”

The FansUnite sports betting protocol will launch before the end of 2018. It will allow operators and government-run wagering sites around the world to offer bettors lower fees and increased payback percentages directly to the waging public.

“We take the saying ‘Better for Bettors’ seriously,” said FansUnite CEO Eghdami. “FansUnite truly is ‘Better for Bettors.”

In addition to the sportsbook offering, the FansUnite Protocol serves as the blockchain-based infrastructure for sports data applications, daily fantasy sports and a variety of other applications reliant on receiving secured sports data. Following their Series A financing of CAD 4.45 Million, FansUnite has been developing the protocol in preparation for their regulatory-compliant token launch later this calendar year.”

Mitek Systems, Inc. (NASDAQ: MITK) is a global leader in mobile capture and identity verification software solutions built on the latest advancements in AI and machine learning. Mitek reported earlier this year that its Mobile Verify has improved leading European blockchain provider Nocks’ customer onboarding time by 98%, from 12 hours to five minutes. This has helped Nocks to grow its user base by 214%. Mobile Verify also helps Nocks achieve compliance with the 4th and 5th EU Anti-Money Laundering Directives. By integrating Mobile Verify, which employs advanced AI and machine learning algorithms, Nocks can validate the identity of applicants in real-time, dramatically improving new customer conversion rates. Users simply take a picture of both their ID document and driving license using their smartphone. Mobile Verify validates that the documents presented are genuine, original, unaltered, and government-issued – granting users rapid access to a range of payment options. “Our mission is to redefine the financial landscape using blockchain technology to dramatically improve the performance and experience of payment services,” said Roel Boers, Chief Executive Officer and Co-Founder, Nocks. “The experience begins at registration, and we wanted to make it as easy as possible for new users to access services, so they can grow their businesses and improve their financial lives. We also wanted to ensure compliance with regulatory demands, so our users and beneficiaries are protected without impacting the user experience.”

Gopher Protocol Inc. (OTCQB: GOPH) is a development-stage company which considers itself Native IoT creator, developing Internet of Things (IoT) and Artificial Intelligence enabled mobile technology. Gopher Protocol Inc. recently announced it is incorporating its gEYE security engine into its digital currency Technology Platform, the GRC. With Gopher technology, when fully developed, the radio-based coin will provide that each transaction, called a block, is recorded. A Blockchain is a continuously growing list of transactions (Blocks). The validity of each GRC coin is provided by a Blockchain. The blocks are linked and secured together using cryptography. gEYE security system was developed to secure complex data and Gopher is in process to retrofit gEYE to secure Gopher GRC. “We developed our gEYE advanced security system with the goal of securing our broad range of technologies. Among them are our GEO location system, Avant! AI and database sharing,” stated Dr. Danny Rittman, Gopher Chief Technical Officer. “Now, as we gear up to present GRC, we will add another branch to our gEYE system with the goal of securing the digital coin, to ensure hacking-free transactions for the benefit of the users. As digital currency is vulnerable to cyber theft, we are investing significant efforts to protect this aspect of our technology. We are creating a dedicated module within our gEYE, especially designated for digital coin security.”

ShiftPixy, Inc. (NASDAQ: PIXY) is a disruptive human capital management platform, revolutionizing employment in the Gig Economy by delivering a next-gen mobile engagement technology to help businesses with shift-based employees navigate regulatory mandates, minimize administrative burdens and better connect with a ready-for-hire workforce. The Company recently expanded its growing ecosystem with the arrival of new brands attracted to its unique financial and insurance transaction and metering platform, most notably a 27-location franchisee of one of the country’s largest pizza brands. A primary differentiator to ShiftPixy’s technology includes its ‘micro-metering’ approach to incremental payment transactions and related insurance coverages based on real-time use and exposures. This leverages two critical technology functionalities. The first is the ‘micro metering’ of essential commercial insurance coverages required by operators – namely workers’ compensation and auto coverages on a delivery-by-delivery basis. The second is using ShiftPixy’s blockchain ledger to process and record critical P2P connections. Our underlying technology is a key reason why we stand out in the marketplace, so it’s always exciting to see new clients specifically drawn to our innovative capabilities when joining our ecosystem,” said Scott Absher, Chief Executive Officer of ShiftPixy.

Pareteum Corporation (NYSE: TEUM) is a rapidly growing Global Software Defined Cloud company with a mission to connect “every person and everything.” Pareteum Corporation, delivering award-winning mobile enablement solutions, announced recently that a U.S. mobile marketing technology company has signed a 3-year USD 8 Million agreement to utilize Pareteum’s Global Software Defined Cloud (GSDC). Through the Pareteum enabling software and mobility platform, our new customer will facilitate mobile services to advertisers, businesses, and service vendors. Hal Turner, Pareteum’s Executive Chairman and Principal Executive Officer, said, “Pareteum continues to innovate by applying data science and modeling to our Super API. Through our Cloud Enablement software and platform, we are delivering analytics and insights, that are trustfully secured with blockchain technology for the benefit of our customers and their end-users. Applying these powerful solutions to benefit marketers means better value and services to customers, through the power of our cloud and our software… another step toward the vision of ‘anytime and anywhere’ now coupled with ‘and, customized for my needs’.”

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GHD Digital and Mindtree Collaborating on a Broad Digital Platform Targeted to the Property and Infrastructure Sectors

BANGALORE, India and WARREN, New Jersey, August 30, 2018 /PRNewswire/ —

Partnership offers a disruptive approach to connected buildings to dramatically reduce costs and optimize experiences  

Mindtree, a global technology services and digital transformation company, and the global professional services company, GHD, have established a partnership to transform how clients in traditional property and infrastructure industries can deploy Digital platforms to help run their business more efficiently and elevate the experience of their customers.

     (Logo: https://mma.prnewswire.com/media/633364/Mindtree_Logo.jpg )

The partnership combines GHD Digital’s knowledge of building design and operation, with Mindtree’s extensive track record in cloud based, loT platforms and analytics, to deliver efficiencies for clients and communities and create previously untapped revenue opportunities through the collection of data.

They’ll achieve this by using a platform-based service to bring together data that may already exist in disparate building management systems, such as energy use, maintenance and occupancy, and leveraging the latest advances in technology to support strategic decision making for owners. Aside from building, this platform also applies to transportation, water, energy and resources and environment sectors.

GHD’s Global Digital Leader, Kumar Parakala and Chief Strategy Officer and Head of Asia Pacific for Mindtree, Gaurav Johri, officially launched the partnership in Sydney on Wednesday August 29.

“Many organizations lack integration between building management, IT and financial systems, making it difficult to correlate data and develop an end-to-end view of their assets, especially for clients that operate many buildings with different proprietary systems,” Parakala said. “Insights powered by data are the new currency that enables businesses to establish new benchmarks in performance. By partnering with Mindtree, we can draw on the skills we need to deliver ‘connected building services’ to our clients.”

Most building systems work in silos. GHD and Mindtree will break down these silos by integrating disparate data streams into a single ‘Connected Buildings’ management system. This can lead to dramatically reduced costs, increased revenues and an optimal experience for employees, customers and communities.

“Facilities managers are looking for ways to leverage IoT to make their buildings ‘smarter,’ save energy and enhance user comforts,” Johri said. “Applying artificial intelligence and machine learning to the aggregated data creates limitless opportunities for the property industry to offer a quantum leap in customer experience and operational efficiency. Mindtree is excited about partnering with GHD Digital to help customers accelerate their transformation efforts.”

About GHD 

GHD is one of the world’s leading professional services companies operating in the global markets of water, energy and resources, environment, property and buildings, and transportation. We provide engineering, architecture, environmental and construction services to private and public sector clients.

Established in 1928 and privately owned by our people, GHD operates across five continents – Asia, Australia, Europe, North and South America – and the Pacific region. We employ more than 9000 people in 200+ offices to deliver projects with high standards of safety, quality and ethics across the entire asset value chain. Driven by a client-service led culture, we connect the knowledge, skill and experience of our people with innovative practices, technical capabilities and robust systems to create lasting community benefits.

About Mindtree 

Mindtree (NSE: MINDTREE) is a global technology consulting and services company, helping Global 2000 corporations marry scale with agility to achieve competitive advantage. ‘Born digital’ in 1999, more than 340 enterprise clients rely on our deep domain knowledge to break down silos, make sense of digital complexity and bring new initiatives to market faster. We enable IT to move at the speed of business, leveraging emerging technologies and the efficiencies of Continuous Delivery to spur business innovation. Operating across 17 countries, we’re consistently regarded as one of the best places to work, embodied every day by our winning culture made up of 19,000 entrepreneurial, collaborative and dedicated ‘Mindtree Minds’. To learn more, visit http://www.mindtree.com or follow us @Mindtree_Ltd.

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

For more information, contact:
India
Divya Jain
Value 360
+91-9999704100
divya@value360india.com

United States
Erik Arvidson
Matter
+1-978-518-4542
earvidson@matternow.com  

Europe
Susie Wyeth
Hotwire    
+44-20-7608-4657
susie.wyeth@hotwireglobal.com

 

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Advancements of Neural Networks Propelling Artificial Intelligence Performance to New Levels

PALM BEACH, Florida, August 30, 2018 /PRNewswire/ —

MarketNewsUpdates.com News Commentary 

Artificial intelligence (AI) is becoming smarter and closer to the intelligence of human beings thanks to advancements in neural networks, allowing AI platforms to engage in a deeper sense of machine learning to understand trends and other nuances. The advancement of AI technologies opens the doors to a multitude of avenues as the opportunity for increased efficiency with higher levels of output becomes abundantly clear. These recent advancements are a big reason why the overall AI market has continued to enjoy tremendous growth, as data by Forrester Research projects the market will grow to a value of $1.2 trillion by the year 2020. Investment in AI is expected to rise exponentially in the coming years as the advancements of technologies continue, promoting confidence in both companies and investors. Active tech companies in the markets this week include Gopher Protocol Inc. (OTC: GOPH), International Business Machines Corporation (NYSE: IBM), Aptiv PLC (NYSE: APTV), Pareteum Corporation (NYSE:TEUM), Accenture Plc (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 enabled mobile technologies, including a global platform with both mobile and fixed solutions, is pleased to announce it started the development of Avant! AI Deep Neural Network (DNN) for advanced object detection. Object recognition is a computer vision technique for identifying objects in images or videos. Object recognition has become a key feature of deep learning and machine learning algorithms in the past decade. As we move forward with Avant! AI Engine development, a comprehensive image analysis is needed in order to detect and identify objects as having more precise and detailed object recognition is a crucial task especially for autonomous driving, anatomical/facial recognition and robotics. Avant! will need to precisely define an object’s geometry in order to classify and identify them. In addition, it needs to locate objects contained within images, which is called object detection process. Gopher started the development of DNN, a machine learning based system, in order to achieve a prominent state-of-the-art object detection system. The system will capture object’s parts, ratios and geometrical relations.  

“The main challenges in objects detection is to define the representations and kinematics of the objects, expressing them as graphical models. This functionality will be achieved by our machine learning DNN (Deep Neural Network) model for Avant! AI” stated Danny Rittman, Gopher’s Chief Technology Officer. “Our Deformable Part-based system will consist of broad class of proprietary detection algorithms, used on images in order to achieve efficient classification and objects recognition” Dr. Rittman continued. “Using discriminative learning technique of graphical models allows for building high-precision part-based models for wide variety of object classes. We expect that our deep learning architectures will have the capacity to learn more complex models and produce robust training algorithms for Avant!. When fully developed, these architectures are expected to allow Avant! to recognize objects without the need for human intervention. Upon development, we expect the technology to provide a state-of-the-art technology for Avant! AI, enabling it to “see”, locate, classify and identify objects, which we believe it will use in a wide variety of Gopher’s future applications.” Read this and more news for GOPH at http://www.marketnewsupdates.com/news/goph.html

Other recent developments in the tech industry include:

International Business Machines Corporation (NYSE: IBM) recently announced that IBM Watson will now partner with tennis players and coaches to enhance their game strategy and better prepare for matches more efficiently. As a partner of the US Open tournament for more than 25 years, IBM innovations have positioned the US Open as a tournament at the forefront of the modern digital experience with technology that fans have come to know and love. This year, IBM and the USTA will integrate its AI Highlights technology into player performance as the tournament enters the next phase of its technology journey. For the past year, IBM has been working with the USTA Player Development’s performance team to develop a technology solution that will help coaches and players analyze and improve their performance. The new player development solution uses AI Highlights, the same technology IBM built to support the USTA’s US Open Digital Team, enabling them to create real-time content to engage their fans. The new player development solution will review hours of match footage and automatically identify and index key points and stats, allowing coaches to quickly design detailed reports for subsequent matches. This enables coaches to reference and review a comprehensive database of players’ indexed match video that they otherwise would not have been able to access.

Aptiv PLC (NYSE: APTV) recently announced a milestone of 5,000 self-driving public rides. When will self-driving cars become available for consumer use? The truth is they already have. Thousands of residents and tourists in Las Vegas are taking Aptiv self-driving cars-accompanied by a safety driver and safety operator-to and from popular spots on the high-traffic strip. In May, our team announced the deployment of 30 self-driving cars, equipped with Aptiv’s autonomous driving platform. These vehicles are offered to the public of Las Vegas via the Lyft app. We are proud of a significant milestone: 5,000 self-driving public rides-powered by the Aptiv autonomous driving platform. Hitting 5,000 consumer rides is a major milestone, not just for Aptiv and Lyft, but for the entire mobility space. This is the first of its kind commercial self-driving program, and we are proud to be offering autonomous vehicles for public use today. We continue to see exponential growth in passenger rides, with nearly perfect user ratings of 4.96 out of 5 stars. This partnership is a true proof point that Aptiv’s autonomous driving platform and its vehicles will change the world of mobility. By demonstrating the viability of our commercial self-driving product and creating better efficiency for transportation network providers, consumers will have access to safer and more accessible transit.

Pareteum Corporation (NYSE: TEUM) recently announced it has been awarded the 2018 Communications Solutions Product of the Year Award from TMC, a global, integrated media company recognized as the voice of the industry. Pareteum’s Global Software Defined Cloud (GSDC) combines a Communication Platform as a Service (CPaaS) Software Solution with mobile services. Combining the software with mobile services creates a globally disruptive infusion for consumer, enterprise and OTT markets. “Congratulations to Pareteum Corporation for being honored with a Communications Solutions Product of the Year Award,” said Rich Tehrani, CEO, TMC.”TEUM Cloud + Connectivity is truly an innovative product and is amongst the best communications products and services available in 2018. I look forward to continued excellence from Pareteum Corporation in 2018 and beyond.”

Accenture Plc (NYSE: ACN) has formed a strategic alliance with and made a minority investment in Malong Technologies, an artificial intelligence (AI) start-up headquartered in Shenzhen, China. Malong has been recognized by global companies and organizations and analyst firms as an AI pioneer and innovation leader. Through the alliance, Accenture’s Applied Intelligence practice and Malong will offer computer vision and product recognition capabilities to clients worldwide. The alliance gives Accenture a strategic AI presence in China and forms part of its wider regional growth strategy. Malong’s product recognition and auto-tagging technology, ProductAI®, lets machines “see” physical objects the way a person does. Retailers can use it to make product checkouts much more efficient and allow their customers to shop for items by taking a picture of it with their smartphones. Other use cases include defect detection in manufacturing to drive quality, baggage scanning for improved safety, and analyzing medical images to help doctors make critical decisions faster. As part of the alliance agreement, Accenture Applied Intelligence and Malong will pursue development of joint industry solutions and go-to-market activities. The agreement, in which Malong designates Accenture as its preferred systems integrator and consulting partner, will form a cornerstone of Accenture’s growing computer vision capabilities.

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Starkey Hearing Technologies’ Livio AI Revolutionizes Hearing

MINNEAPOLIS, Aug. 30, 2018 /PRNewswire/ — Starkey® Hearing Technologies has reinvented both the hearing experience and the hearing aid with Livio AI. Livio AI is the world’s first Healthable™ hearing aid to utilize integrated sensors and artificial intelligence, and the first to track physical activity and cognitive health.

Starkey Hearing Technologies

“First and foremost, Livio AI is the best performing and best sounding hearing aid we have ever made. We have transformed a single-use device into the world’s first multi-purpose hearing aid, a Healthable with artificial intelligence. Livio AI is so much more than just a hearing aid, it is a gateway to better health and wellness,” President Brandon Sawalich said.

Livio AI interfaces with a brand new mobile app—Thrive™ Hearing—and three new wireless accessories: the Starkey Hearing Technologies TV, the Remote and the Remote Microphone+. With the Remote Micorophone+, Livio AI is also the first hearing aid to feature Amazon® Alexa connectivity.

“I have dreamed about this for so long, and we are finally realizing this vision thanks to our incredible team,” said Starkey Hearing Technologies CEO Bill Austin. “My vision has always been to help people live better. By giving them better technology, we will help them live longer, healthier, happier lives.”

New Hearing Reality™ technology reduces noisy environments by 50-percent, significantly reduces listening effort and enhances speech clarity, while artificial intelligence optimizes the hearing experience.

Livio AI also provides:

  • Integrated language translation
  • Dual-radio wireless platform: 2.4GHz radio for streaming of phone calls, music and media.
  • Fall detection with inertial sensors within the hearing aids (app support coming soon)
  • Integration of the physical activity data measured by inertial sensors of the hearing aids with Apple® Health and Google® Fit apps

How integrated sensors and AI helped Starkey Hearing Technologies transform the hearing aid

“Artificial intelligence is rapidly changing the world around us,” Starkey Hearing Technologies Chief Technology Officer Dr. Achin Bhowmik said. “This technology optimizes users’ hearing experiences and enables them to continuously monitor and improve their overall health.”

This cutting-edge technology allows people to take a proactive and personal approach to treating hearing loss, which has been linked to dementia, cognitive decline and social isolation.

Livio AI is available in the United States and Canada and expanding to more than 20 countries in 2019. For more information about Livio AI, please visit www.starkey.com.

About Starkey Hearing Technologies    
Starkey Hearing Technologies is a privately held, global hearing technology company headquartered in Eden Prairie, Minnesota. Founded in 1967, Starkey is known for its innovative design, development and distribution of comprehensive digital hearing systems. As the only American-owned and operated provider of hearing technologies, Starkey has more than 5,000 employees, operates 22 facilities and does business in more than 100 markets worldwide. For more information, visit www.starkey.com.

Media Contact
Karen Spaeth
Director of Events and PR
Karen_Spaeth@starkey.com
www.starkey.com

 

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BMC Receives Highest Scores in Advanced Digital Workplace ITSM and Advanced-Maturity I&O Use Cases in the Gartner Critical Capabilities for IT Service Management Tools

HOUSTON, Aug. 30, 2018 /PRNewswire/ — BMC, a global leader in IT solutions for the digital enterprise, today announced that BMC has received the highest scores in four out of five use cases, including both the Advanced Digital Workplace ITSM and Advanced-Maturity I&O uses cases, in Gartner Inc.’s August 22, 2018, Critical Capabilities for IT Service Management Tools.1

BMC the global leader in software solutions for IT (PRNewsFoto/BMC)

A complimentary copy of the full Gartner 2018 Critical Capabilities for IT Service Management Tools report can be accessed at www.bmc.com/criticalcapabilities. In addition, Gartner released its 2018 Magic Quadrant for IT Service Management Tools2, where BMC is positioned as a Leader for the fifth consecutive year and positioned furthest on the completeness of vision axis in the Leaders quadrant.

“We believe that our position in these Gartner reports demonstrates that BMC is delivering innovative capabilities that enable the digital enterprise,” said Nayaki Nayyar, President, Digital Service Management at BMC. “Our new BMC Helix solutions extend our industry-leading Service Management capabilities with unique cognitive intelligence and a flexible container architecture, which customers can run on their cloud of choice. We will continue to provide innovative ITSM solutions that help customers address their IT transformations.”

The Advanced Digital Workplace ITSM use case “focuses on IT self-service and IT Knowledge Management for advanced-maturity I&O organizations, scoring products’ collaboration features and portals’ appeal to business consumers.”  The Advanced-Maturity I&O use case “focuses on mature ITSM capability as well integration with broader ITOM data sources for IT organizations with an ITSIO Maturity Level 3 or higher.”  

Cognitive Service Management for the Enterprise
BMC believes that its position in both Gartner reports highlights the company’s continued focus on providing innovative ITSM solutions that evolve rapidly to power today’s digital businesses.

With BMC’s newly introduced BMC Helix Cognitive Service Management (CSM) offering, the company integrates cognitive technologies like artificial intelligence and machine learning into traditional IT service management, transforming every layer of service delivery for end users, agents, and developers.

At the core of the BMC Helix Cognitive Service Management offering are three key attributes:

  • Cloud to Multi-Cloud: Delivers everything as-a-service (Remedy-as-a-Service, Discovery-as-a-Service, and Business Workflows-as-a-Service)
  • Containers: Runs on customer’s choice of multi-cloud, including AWS, Azure, and BMC Cloud.
  • Cognitive: Helps enterprises transform from ITSM to Cognitive Service Management with artificial intelligence, machine learning, bots, and virtual agents.

To learn more about BMC’s solutions for IT Service Management, including its new BMC Helix Cognitive Service Management (CSM) offering, visit http://www.bmc.com/it-solutions/it-service-management.html

1Gartner, “Critical Capabilities for IT Service Management Tools,” by Rich Doheny, Chris Matchett, Kenneth Gonzalez, August 22, 2018.

2Gartner, “Magic Quadrant for IT Service Management Tools,” by Kenneth Gonzalez, Rich Doheny, Chris Matchett, August 16, 2018. The report was formerly titled Magic Quadrant for IT Service Support Management Tools.

Gartner Disclaimer
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About BMC 
BMC helps customers run and reinvent their businesses with open, scalable, and modular solutions to complex IT problems. Bringing both unmatched experience in optimization and limitless passion for innovation to technologies from mainframe to mobile to cloud and beyond, BMC helps more than 10,000 customers worldwide reinvent, grow, and build for the future success of their enterprises, including 92 of the Forbes Global 100.

BMC—the multi-cloud management company. www.bmc.com

BMC – The Multi-Cloud Management Company
BMC, BMC Software, the BMC logo, and the BMC Software logo are the exclusive properties of BMC Software Inc., are registered or pending registration with the U.S. Patent and Trademark Office, and may be registered or pending registration in other countries. All other BMC trademarks, service marks, and logos may be registered or pending registration in the U.S. or in other countries. All other trademarks or registered trademarks are the property of their respective owners. ©Copyright 2018 BMC Software, Inc.

Editorial contacts:

Sheila Watson
BMC
D: 713.918.8832
M: 713.294.6818
sheila_watson@bmc.com

Francesca DeAnda
Bateman Group for BMC
bmc@bateman-group.com

 

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SOURCE BMC

Global Enterprise AI Market 2018-2022: Market to Grow at a CAGR of 45.04% – Key Vendors are Alphabet, Amazon, IBM, Intel & Microsoft

DUBLIN, Aug. 30, 2018 /PRNewswire/ —

Research and Markets Logo. (PRNewsFoto/Research and Markets) (PRNewsfoto/Research and Markets)

The “Global Enterprise AI Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.

The Global Enterprise AI Market to grow at a CAGR of 45.04% during the period 2018-2022.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. he report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers the revenue generated from the adoption of AI in enterprises. Artificial intelligence tools are used by an enterprise for deriving information and making optional decisions. For an enterprise, AI primarily involves an input of customer date. AI has its own decision-making capabilities, which help enterprises personalize content for individual customers.

One trend affecting this market is the adoption of enterprise AI by SMEs. MNCs have the resources and technical expertise to integrate AI into their enterprises. According to the report, one driver influencing this market is the increasing interest in chatbot AI. Chatbot AI allows customers to communicate with a robot application instead of an actual human. Further, the report states that one challenge affecting this market is the lack of AI professionals. This is a major challenge for enterprises as there is no proper documentation that firms can use for implementing AI.

Key vendors

  • Alphabet
  • Amazon.com
  • IBM
  • Intel
  • Microsoft

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 05: MARKET SIZING

  • Market definition
  • Types of AI technologies
  • Market sizing 2017
  • Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 07: MARKET SEGMENTATION BY DEPLOYMENT TYPE

  • Comparison by deployment type
  • On-premise
  • Cloud
  • Market opportunity by deployment type

PART 08: CUSTOMER LANDSCAPE

PART 09: MARKET SEGMENTATION BY END-USER

  • Comparison by end-user
  • Advertising and media and entertainment
  • Retail and e-commerc
  • Medical and life sciences
  • BFSI
  • Others
  • Market opportunity by end-user

PART 10: REGIONAL LANDSCAPE

  • Geographical segmentation
  • Regional comparison
  • Key leading countries
  • Market opportunity

PART 11: DECISION FRAMEWORK

PART 12: DRIVERS AND CHALLENGES

PART 13: MARKET TRENDS

  • Adoption of enterprise AI by SMEs
  • Increasing focus on AI-ready solutions
  • Growth of HPC in enterprises

PART 14: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 15: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors

For more information about this report visit https://www.researchandmarkets.com/research/2z23gp/global_enterprise?w=5

Did you know that we also offer Custom Research? Visit our Custom Research page to learn more and schedule a meeting with our Custom Research Manager.

Media Contact:

Laura Wood, Senior Manager
press@researchandmarkets.com  

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SOURCE Research and Markets

H2O.ai Joins NVIDIA AI Conference to Support Growing Demand for AI and Machine Learning in Australia

MOUNTAIN VIEW, Calif. and SYDNEY, Aug. 30, 2018 /PRNewswire/ — H2O.ai, the open source leader in AI, today announced an expanded presence in Australia due to heightened demand from customers for automatic machine learning and data science solutions in the region. As part of its efforts to democratize AI globally, H2O.ai will sponsor and attend the NVIDIA AI Conference in Sydney next week, as well as host a meetup to engage with data science professionals about its award-winning machine learning platforms and provide Australian businesses with the power of scalable AI.

H2O.ai Logo (PRNewsfoto/H2O.ai)

H2O.ai’s expanded efforts in Australia come at a time of unprecedented demand for its products in the region. Since its launch in late 2017, the company’s automatic machine learning platform Driverless AI has been deployed by customers, including Stanley Black and Decker, Armada Health, Deserve, G5 and more.

NVIDIA AI Conference is a premier event on artificial intelligence and deep learning, and showcases the latest breakthroughs from universities, startups and major enterprises in a wide range of fields such as smart cities, autonomous machines, virtual reality and more.

At NVIDIA’s GPU Technology Conference in March, H2O.ai announced that both enterprise-scale automatic machine learning platform, Driverless AI, and open source GPU-accelerated machine learning package, H2O4GPU, were fully optimized for the latest-generation NVIDIA® Volta architecture GPUs – the NVIDIA Tesla® V100 – and CUDA 9 software. The combined offerings deliver the fastest and most accurate iterations of machine learning models on GPUs. At NVIDIA AI Conference in Sydney, H2O.ai brings these optimized solutions to customers, while also supporting the broader conversations around prominent trends in the Australian AI community.

Following the close of the NVIDIA AI Conference, H2O.ai will host a meetup, “Intro to Machine Learning with H2O,” in Sydney on September 5. Led by H2O.ai software developer, Mateusz Dymczyk, the meetup will focus on introducing attendees to machine learning and H2O, and is ideal for professionals in the early stages of their data science career, or interested in exploring H2O for their data science projects.

NVIDIA AI Conference Sydney
When:
  Monday, September 3 – Tuesday, September 4, 2018
Where: Pyrmont Theater, International Convention Centre Sydney, 14 Darling Dr, Sydney NSW 2000, Australia
Visit H2O.ai at Booth E.03
Register: http://www.nvidiaaiconference.com.au/step1.php

Intro to Machine Learning with H2O
When:
  Wednesday, September 5, 2018, 6:00-7:30pm
Where: ING, L28, 60 Margaret Street, Sydney NSW 2000, Australia
Speaker: Mateusz Dymczyk, Software Developer at H2O.ai
Register: http://www.nvidiaaiconference.com.au/step1.php

Connect with H2O.ai

About H2O.ai
H2O.ai is the open source leader in AI. Its mission is to democratize AI. H2O.ai is transforming the use of AI with software with its category-creating visionary open source machine learning platform, H2O. More than 14,000 companies use open-source H2O in mission-critical use cases for Finance, Insurance, Healthcare, Retail, Telco, Sales, and Marketing. H2O.ai recently launched Driverless AI that uses AI to do AI in order to provide an easier, faster and effective means of implementing data science. In February 2018, Gartner named H2O.ai as a Leader in the 2018 Magic Quadrant for Data Science and Machine Learning Platforms. H2O.ai partners with leading technology companies such as NVIDIA, IBM, AWS, Azure and Google and is proud of its growing customer base which includes Capital One, Progressive Insurance, Comcast, Walgreens and PayPal. For more information and to learn more about how H2O.ai is transforming business processes with intelligence, visit www.h2o.ai.

Media Contact:
Erika Kamholz
press@h2o.ai
949-282-8560

 

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SOURCE H2O.ai

IFA News: ECOVACS ROBOTICS Sets a New Standard in Household Cleaning Robotics with Artificial Intelligence

BERLIN, Aug. 30, 2018 /PRNewswire/ — ECOVACS ROBOTICS, a leader in smart cleaning robots, today revealed its latest innovation in floor cleaning, ECOVACS AIVI™ (Artificial Intelligence and Visual Interpretation), at IFA 2018 in Berlin. The advanced AI-enabled function is designed to meet the growing consumer demand for minimal manual intervention during cleaning by introducing object/environmental recognition in addition to spatial recognition. IFA attendees can learn more at Hall 5.1, Booth 103, where ECOVACS’ DEEBOT series and the first-of-its-kind WINBOT X will be showcased with demonstrations of the robots performing in real-life environments.

“ECOVACS ROBOTICS brings the idea of ‘Live Smart, Enjoy Life’ to the next level by incorporating artificial intelligence into home cleaning,” said David Qian, Deputy Chairman of the Board and President of International Business Unit at ECOVACS ROBOTICS. “ECOVACS AIVI™ can recognize and avoid objects on the floor, and working together with our Smart Navi™ technology, it allows our robots to better adapt to a user’s home environment to provide a more ideal solution for floor cleaning. We expect this innovation will set a new standard for floor cleaning robots by truly taking the hassle out of floor cleaning for users. On top of that, our floor cleaning robots with both vacuum and mopping capabilities, and our cordless window cleaning robots, are all designed to promote a new lifestyle—live smart by spending less time cleaning and more time enjoying life.”

AI Innovation to Revolutionize Household Cleaning
ECOVACS is incorporating AI technology into its robots to make them more efficient, minimizing the user’s role in cleaning. ECOVACS AIVI™ gives robots the capability, at the user’s discretion to recognize and avoid selected household items that typically obstruct the path of conventional floor cleaning robots or vacuum cleaners, such as cables, shoes, slippers, dustbins, doorsills, and rugs. This AI innovation will enable a more efficient clean as there is no need for users to manually remove objects from the floor for their robots. Users can now simply sit back and let the robot do the job.

ECOVACS is committed to protecting customer data and privacy. The AI technology is only used to enable the robot to map its surroundings and to effectively recognize obstacles—no images will be recorded and sent to ECOVACS or to third parties. While user data and privacy will be safeguarded, users may also choose to “opt-in” and send their data back to ECOVACS as the company is dedicated to designing, testing, and improving its AI technology based on robust research and training data.

Advanced Technology Meets Different Cleaning Needs
“ECOVACS’s DEEBOT series is designed to meet the needs of a range of floor types and cleaning tasks, while bringing the customer’s experience with robotic cleaning robots to a whole new level,” explained Jonathan Tang, Vice President of International Business Unit at ECOVACS ROBOTICS.

One of ECOVACS’ most important innovations is its Smart Navi™ mapping and navigation technology, which can safely scan, map, and plan an efficient cleaning path, adapting to a user’s home to provide thorough and systematic cleaning. With this, users are able to see how the cleaning task has been completed with a visual map.

In addition to Smart Navi™, ECOVACS’ OZMO™ mopping technology in the DEEBOT OZMO 930 delivers both vacuum and mopping capabilities, allowing the DEEBOTs to effectively deal with dirt or dried liquid while controlling the speed of water flow for smooth mopping.

Paired with the ECOVACS App, users can control their DEEBOTs anytime, anywhere, with the ability to set cleaning schedules, select cleaning modes, monitor the cleaning process, and more.

The DEEBOTS are also compatible with both Google Home and Amazon Echo, which makes floor cleaning even easier with the ability to use voice control for a completely hassle-free smart home experience.

First-of-its-kind WINBOT X for an Optimal Window Cleaning Experience
In addition to floor cleaning robots, ECOVACS will showcase its latest award-winning window cleaning robot at IFA 2018. A proud honoree of both the 2018 CES Innovation Award and the Red Dot Award 2018, WINBOT X is the first-of-its-kind cordless window cleaning robot. The WINBOT X offers a breakthrough in window cleaning with its cordless power source design, Deep Clean Mode, Four-Stage Cleaning System, and an innovative Safety Tether System. The WINBOT X can adapt to diverse types of windows while moving around intelligently, freely, and safely to reach higher areas with maximum coverage.

About ECOVACS ROBOTICS
Innovating Since Day One—Creating the Intelligent Home.

At ECOVACS ROBOTICS, we care about innovating solutions to enhance your lifestyle. Based on a deep understanding of use cases and consumer experiences, we design robots that help you to “live smart, enjoy life”.

With over 20 years of design and industry-leading research, we have led the market as homes become more intelligent and responsive. We are building a world where your home asks less of your attention, becomes more seamless and powerful, and frees you to spend more time doing what you love.

ECOVACS ROBOTICS
US Media Contact:
Samantha Lins
SamanthaL@lotus823.com 
732.212.0823

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SOURCE ECOVACS ROBOTICS