Boost.ai Creates Official Virtual Agent for Slush 2019, the Leading Global Startup and Technology Event

SANTA MONICA, Calif. and HELSINKI, Sept. 30, 2019 /PRNewswire-PRWeb/ — Boost.ai, a global leader in artificial intelligence for Fortune 1000 companies, today announced that the company has created the official virtual agent for Slush 2019, the premier international startup and technology event held each year in Helsinki.

The new virtual agent, nicknamed Botzilla, taps Boost.ai’s proprietary conversational AI technology to offer personalized information and assistance for more than 25,000 anticipated conference-goers who will gather for two days starting Nov. 21. Attendees of Slush include up-and-coming startup founders, some of the biggest investors in the game, and key players representing many of the fastest-growing tech companies from more than 130 countries.

“We are excited to put Boost.ai’s artificially intelligent virtual agent to the test in a new way as we help Slush 2019 event-goers navigate one of the world’s most prestigious, global tech events,” said Lars Selsås, co-founder and CEO of Boost.ai.

Botzilla can help event attendees as they plan their ticket purchases, providing pertinent details on prices, as well as offering guidance on which types of tickets to buy. The AI-powered virtual agent is also ideal for learning about speakers at the event and discovering information on the services offered at Slush, including matchmaking and pitching competitions that facilitate meetings between startup founders and investors, as well as the showcase studio.

“Each year Slush has become more popular, and we’re always searching for better ways to make the Slush experience outstanding and something our visitors were not even expecting,” said Rasmus Ekholm, Product Lead at Slush. “Botzilla is an exceptional example of personalizing the event experience, and it will help us ensure a smooth Slush visit to our 25,000 attendees.”

About Boost.ai
Boost.ai is a privately held software company that specializes in conversational artificial intelligence (AI). Inventor of the world’s most complete software for building, implementing and operating virtual agents powered by conversational AI technology, Boost.ai helps banks, financial institutions, and other enterprise companies focus on their business objectives and customer relationships while creating new lines of revenue and new customer experiences. With unlimited scalability, enterprise-level security and best-in-class privacy features, Boost.ai’s technology is used by hundreds of global companies and organizations. Boost.ai is a Norwegian software company founded in 2016 with North American headquarters in Santa Monica, Calif.

About Slush
Slush is the world’s leading startup and technology event. In 2019, Slush is organized in Helsinki on November 21–22, gathering together 25,000 attendees, including 4000 startups, 2000 investors, and 700 journalists, representing over 130 nationalities.

Boost, Boost.ai and ASU are trademarks or registered trademarks of Boost.ai in the United States and/or other countries. All other trademarks or registered trademarks are property of their respective holders.

SOURCE Boost.ai

AgileAssets Marks 25 Years as Innovator in Infrastructure Asset Management

AUSTIN, Texas, Sept. 30, 2019 /PRNewswire/ — AgileAssets Inc., a leading provider of transportation asset lifecycle management solutions, marks its 25th Anniversary as a pioneer and innovator in the field of infrastructure asset management. A commemorative celebration will take place today during a welcome reception that kicks off Xchange 2019, the company’s global user conference and professional networking event that runs through October 3 at the AT&T Hotel and Conference Center in Austin, Texas.

From its origins as a premier pavement management consulting firm in the early 1990s, AgileAssets has evolved into a major player in the delivery of enterprise asset management software solutions for government and private agencies that manage national, state, and local road networks around the world. The company’s history is one of continuous, industry-leading innovation. It boasts a product portfolio of more than 15 web-based and mobile solutions that support the planning, analysis, and day-to-day operations necessary to manage a wide range of infrastructure assets—from pavements, bridges, tunnels, culverts, and stormwater assets to vehicles, equipment, road signs, signals, facilities, and more.

“We were the first company in our space to develop a windows-based software solution for pavement management,” said AgileAssets Founder and CEO Stuart Hudson, P.E. “We were also the first to move to a client server, when that became popular, and the first to deliver functionality through the web, early on, when that was very difficult to do,” Hudson added, “Now we are one of the first in our industry to provide enterprise solutions via software as a service, or SaaS—which raises the bar even higher in terms of the performance, security, availability, and affordability of the solutions we offer to our clients.”

During Xchange 2019, AgileAssets leaders will unveil a vision for the company’s next quarter century, including an ambitious product roadmap that will integrate artificial intelligence, machine learning, and the Internet of Things into its asset lifecycle management solutions to support better data collection, analysis, and decision-making. The company’s software products already incorporate advanced mapping, analytical, and reporting capabilities that help agencies optimize their asset management strategies and make the best use of available funds.

“We’re proud of our legacy and excited to influence the next 25 years of advancements in transportation and public works,” said AgileAssets Chief Operating Officer Michael Lester. “Our goal is to help our clients save time, money, and lives by delivering safer, more reliable infrastructure networks with higher performance and lower costs across asset lifecycles throughout the full asset portfolio.”

To realize its vision, AgileAssets will continue to invest in attracting, hiring, and developing the brightest and most highly qualified team members from around the globe.

“The skill sets of our employees have evolved to match the sophisticated work we are doing,” said AgileAssets Chief People Officer Marnie Boyd, SPHR. “Our staff includes people from more than 20 countries, and 50% of our employees hold advanced degrees in their fields. We will continue to recruit the highest-quality candidates that represent a good cultural fit with our diverse workforce in this competitive market.”

To learn more, view the AgileAssets 25th Anniversary video or visit AgileAssets.com.

About AgileAssets
AgileAssets is a leading global provider of transportation asset lifecycle management software for public and private organizations. From advanced analytics and strategic decision-making to day-to-day maintenance operations, AgileAssets’ enterprise solutions support the complete lifecycle management of infrastructure asset portfolios, helping agencies to deliver safer, more reliable transportation networks while achieving the highest return on infrastructure investments.

SOURCE AgileAssets Inc.

Foresight Institute Awards 2019 Feynman Prizes in Nanotechnology to Qian, Galli; awards presented by Nobelist, Sir Fraser Stoddart.

PALO ALTO, Calif., Sept. 30, 2019 /PRNewswire-PRWeb/ — Foresight Institute, a leading think tank, research, and public interest organization focused on molecular manufacturing and other transformative technologies, announced the winners for the 2019 Foresight Institute Feynman Prizes. These are given in two categories, one for Experiment and the other for Theory in nanotechnology/molecular manufacturing.

Established in 1993 and named in honor of pioneer physicist Richard Feynman, these prestigious prizes honor researchers whose recent work has most advanced the achievement of Feynman’s goal for nanotechnology: the construction of atomically-precise products through the use of productive nanosystems.

Lulu Qian, Professor of Bioengineering and head of The Qian Lab at the Division of Biology and Biological Engineering at the California Institute of Technology (Caltech), received the 2019 Foresight Institute Feynman Prize for Experimental work.

Professor Qian has made major contributions to three areas:

  • molecular robotics, the self-assembly of DNA nanostructures, and biochemical circuits.
  • She has pushed the frontier of molecular robotics by developing DNA robots that autonomously explore DNA surfaces at the nano level, pick up cargo molecules and deliver them.
  • She has pioneered the study of DNA origami tilings for creating nanostructures at the micrometer scale but with nanometer resolution
  • She has built the first artificial neural network out of DNA

Her goal, with members of the Caltech Qien Lab, is to create synthetic molecular programs that approach the complexity and sophistication of life itself.

Giulia Galli, Liew Professor of Electronic Strictures and Simulation, Senior Scientist at Argonne National Laboratory, and Head of the Galli Group in the Pritzker Schoo of Molecular Engineering at the University of Chicago received the 2019 Foresight Institute Feynman Prize for Theory.

The contributions of Galli to devising atomically-precise products through the use of molecular machine systems have been two-fold:

  • The invention of novel theoretical and computational methods to predict and design, from first principles, the structural, vibrational and electronic properties of nanostructured materials.
  • The study of specific systems at the nanoscale, with focus on semiconductor nanoparticles and carbon-based systems.

The methods pioneered by Galli include

  • Linear scaling (O(N)) algorithms for electronic structure calculations based on Density Functional Theory (DFT)
  • A novel formulation of many body perturbation theory (MBPT), enabling accurate and efficient calculations of emission and optical spectra of heterogeneous, nanostructured solids and of molecules.
  • The development of innovative strategies and techniques to broaden the scope and applicability of ab-initio molecular dynamics, and of methods traditionally used in solid-state-physics, to nanoscience and nanotechnology.

About the Foresight Institute
The Foresight Institute is a leading think tank and public interest organization focused on transformative future technologies. Founded in 1986, its mission is to discover and promote the upsides, and help avoid the potential drawbacks, of nanotechnology, artificial intelligence, biotechnology, and similar life-changing developments.

 

SOURCE Foresight Institute

BlackBerry Launches BlackBerry Advanced Technology Development Labs to Fuel New Cutting-Edge Security Technologies

WATERLOO, Ontario, Sept. 30, 2019 /PRNewswire/ — BlackBerry Limited (NYSE: BB; TSX: BB) today announced the creation of BlackBerry Advanced Technology Development Labs (BlackBerry Labs), a new business unit operating at the forefront of research and development in the cybersecurity space. Led by CTO Charles Eagan, BlackBerry Labs will include a team of over 120 software developers, architects, researchers, product leads and security experts, each working toward the common goal of identifying, exploring and creating new technologies to ensure BlackBerry is on the cutting edge of security innovation.

BlackBerry Logo Black (PRNewsfoto/Blackberry Limited)

The rise of the Internet of Things (IoT) alongside a dynamic threat landscape fosters a climate where organizations have to guard against new threats and breaches at all times. With a strong focus on data science and machine learning, BlackBerry Labs’ innovation funnel will investigate, incubate and facilitate technologies specifically designed to further the company’s commitment to safety, security and data privacy for its customers.

Initial projects from BlackBerry Labs will focus on machine learning approaches to security in partnership with BlackBerry’s existing Cylance, Enterprise, and QNX business units.

“The establishment of BlackBerry Labs is the latest in a series of strategic moves we’ve taken to ensure our customers are protected across all endpoints and verticals in the new IoT,” said Charles Eagan, BlackBerry CTO. “Today’s cybersecurity industry is rapidly advancing and BlackBerry Labs will operate as its own business unit solely focused on innovating and developing the technologies of tomorrow that will be necessary for our sustained competitive success, from A to Z; Artificial Intelligence to Zero-Trust environments. We believe this highly experienced team will allow us to remain nimble, engaged and, above all else, proactive in our efforts to be the most trusted security software leader in the market.”

For more information on BlackBerry’s products and services, please visit BlackBerry.com.

About BlackBerry
BlackBerry (NYSE: BB; TSX: BB) is a trusted security software and services company that provides enterprises and governments with the technology they need to secure the Internet of Things. Based in Waterloo, Ontario, the company is unwavering in its commitment to safety, cybersecurity and data privacy, and leads in key areas such as artificial intelligence, endpoint security and management, encryption and embedded systems. For more information, visit BlackBerry.com and follow @BlackBerry.

Media Contact:
BlackBerry Media Relations
(519) 597-7273
mediarelations@BlackBerry.com 

Investor Contact:
BlackBerry Investor Relations
(519) 888-7465
investor_relations@BlackBerry.com

 

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SOURCE BlackBerry Limited

Evergage Wins in Golden Bridge Awards® for Artificial Intelligence-Driven Personalization

SOMERVILLE, Mass., Sept. 30, 2019 /PRNewswire/ — Evergage, The 1-to-1 Platform company, today announced it is a winner in the 2019 Golden Bridge Awards® – honored for applying industry-leading artificial intelligence (AI) to improve digital engagement and conversions. Evergage was recognized in the “Best New Product: Marketing Solution” category for its Contextual Bandit machine-learning algorithm – which delivers split-second personalization that blends what’s best for the individual with what’s best for the business.

Evergage (PRNewsFoto/Evergage)

The Golden Bridge Awards celebrate the world’s best in organizational performance, products and services, executives, management teams and more. Organizations worldwide – public and private, for-profit and non-profit, large and small – are eligible to submit nominations. This is the fifth year in a row Evergage has been a winner in the program.

“Companies need to earn their customers’ loyalty every day – and that means showing customers that they know them,” said Andy Zimmerman, chief marketing officer, Evergage. “Evergage’s personalization and customer data platform (CDP) makes it easy to synthesize and act on data, at the 1-to-1 level, to deliver helpful, timely and relevant experiences. Contextual Bandit is especially groundbreaking because it factors in such a large number and variety of data points, and considers not only which assets and offers will resonate most with each individual, but also the impact of each offer on the bottom line. We’re honored to be recognized again in the Golden Bridge Awards for Evergage’s commitment to innovation and to our clients’ success.”

Unveiled late last year, Contextual Bandit processes and acts on vast stores of data – using sophisticated machine learning, a subset of AI, to deliver optimally selected experiences at the individual level. Companies can automatically deliver the most relevant content, offer, promotion or complete experience to each website visitor, application user or email recipient. The algorithm balances an individual visitor’s likelihood of engaging with each available offer or asset with the business value of that item for the company, and determines the best experience to display – all in less time than the blink of an eye.

Contextual Bandit taps into Evergage’s deep behavioral tracking and CDP to determine up-to-the-moment information on each visitor’s attributes, interests and intent. Effective with both first-time and frequent visitors, the algorithm is always getting smarter to continuously optimize experiences. Contextual Bandit also factors “promotion-fatigue” into experience delivery – taking into account how often someone has seen a promotion without acting on it, and learning the right time to show that person something new.

This marks the second award for Contextual Bandit this year – following its gold (highest-level) Stevie® Award win for “Best New Product: Marketing Solution” in The 2019 American Business Awards®. For more information on the Contextual Bandit machine-learning algorithm, please click here.

About Evergage
Only Evergage’s real-time personalization and customer data platform (CDP) delivers The Power of 1, enabling companies to transform the dream of 1-to-1 engagement, across channels, into reality. Combining in-depth behavioral analytics and advanced machine learning with data from existing sources, Evergage provides the one solution you need to build a single, comprehensive view of each one of your customers and prospects and activate that data to deliver maximally relevant, individualized experiences – “in the moment,” across touchpoints and at scale. Evergage’s powerful and flexible cloud-based platform delivers personalization to billions of customers and visitors of hundreds of leading organizations across industries, including Autodesk, Carhartt, Citrix, Lenovo, Publishers Clearing House and Zumiez. Evergage is a five-time winner in the Stevie American Business Awards and Golden Bridge Awards, three-time winner in the Best in Biz Awards and two-time CODiE Award winner. For more information, visit http://evergage.com or contact the company at info@evergage.com or 1-888-310-0589.

Media Contact:
Katie Sweet
Email: press@evergage.com
Phone: 1-888-310-0589

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SOURCE Evergage

Weather Forecasting Systems Market – Global Forecast to 2025: Increasing Computing Capabilities of Supercomputers for Weather Forecasting

DUBLIN, Sept. 30, 2019 /PRNewswire/ — The “Weather Forecasting Systems Market by Vertical (Aviation, Agriculture, Renewable), Solution (Hardware: Data Loggers, Anemometers, Software: Big Data, Super Computing), Application, Forecast Type, Region – Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.

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The weather forecasting systems market is projected to grow from an estimated USD 2.3 billion in 2019 to USD 3.3 billion by 2025, at a CAGR of 5.7% from 2019 to 2025.

The market is driven by factors, such as increasing demand for weather forecasting using big data analytics, rise in climate change patterns resulting in uncertainties related to rainfall and increased need for continuous weather monitoring to enable disaster management. Predictive analytics is helping change the future of weather forecasting. Weather scientists use big data analytics to predict future weather conditions, based on the study of the current and past data. Supercomputers are enabled with big data analytics to accurately predict life-threatening natural weather conditions.

Weather forecasting systems (WFS) are weather prediction systems designed to carry out atmospheric research and operational weather forecasting. These systems include hardware and software solutions. The demand for analytical solutions that use disruptive technologies, such as big data, AI, supercomputing, etc., is higher compared to hardware. These technologies analyze the data collected by tools, such as barometers, radars, and thermometers, etc.

The weather forecasting systems market refers to the overall market for weather forecasting systems across the globe. It includes weather forecasting techniques that are required in sectors such as military, aviation, energy, transportation, marine, public, private, etc.

Growth of the weather forecasting systems market can be attributed to several factors, such as the increasing demand for weather forecasting using big data analytics, the growing need for continuous weather monitoring for disaster management, and uncertainties related to rainfall.

Vaisala Oyj (Finland), The Weather Company (US), AccuWeather (US), Sutron Corporation (US), Skye Instruments Ltd. (UK), Gill Instruments Limited (UK), Campbell Scientific, Inc. (US), All Weather, Inc. (US), and Airmar Technology Corporation (US), among others, are the key players operating in the market.

These leading players have manufacturing facilities and strong distribution networks in various key regions.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Weather Forecasting Systems Market From 2019 to 2025
4.2 Weather Forecasting Systems Market, By Solution
4.3 Weather Forecasting Systems Market, By Forecast Type
4.4 Weather Forecasting Systems Market, By Region

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Demand for Weather Forecasting Using Big Data Analytics
5.2.1.2 Rise in Climate Change Patterns Resulting in Uncertainties Related to Rainfall
5.2.1.3 Increased Need for Continuous Weather Monitoring to Enable Disaster Management
5.2.1.4 Increasing use of Small Satellites for Climate and Storm Research
5.2.2 Restraints
5.2.2.1 Significant Complexity in Weather Forecasting Processes
5.2.2.2 Weather Forecast-Related Inaccuracies
5.2.3 Opportunities
5.2.3.1 Increasing Computing Capabilities of Supercomputers for Weather Forecasting
5.2.3.2 Enhancing Accuracy of Long-Range Weather Forecasting
5.2.3.3 Incorporation of High-End Radars and Satellites in Weather Monitoring
5.2.4 Challenges
5.2.4.1 Lack of Automation in Weather Forecasting Systems
5.2.4.2 Occurrence of False Weather Alarms
5.2.4.3 Significant Capital Investments

6 Industry Trends
6.1 Introduction
6.2 Technology Trends
6.2.1 Disruptive Technologies IoT, Ai, and Big Data Analytics
6.2.2 Supercomputers
6.2.3 Computer Models With Fast Processors
6.2.4 Emergence of the Next-Generation Radar Technology
6.2.5 Big Weather Data Analysis
6.2.5.1 Hadoop and Mapreduce
6.2.6 Intelligent Weather Predicting Modules
6.3 New Weather Forecasting Models
6.3.1 Horizontal Wind Model (HWM)
6.3.2 Weather Interactive Processing System (AWIPS) II
6.3.3 Even Newer Dynamics for General Atmospheric Modeling (Endgame)
6.4 Architecture of a Meteorological System

7 Weather Forecasting Systems Market, By Solution
7.1 Introduction
7.2 Hardware
7.2.1 Hardware, By Solution
7.2.2 Barometers
7.2.2.1 The Barometers Segment is Projected to Grow During the Forecast Period Owing to Its Capability of Offering Long-Term Stability
7.2.3 Anemometers
7.2.3.1 Need for Accuracy in Measuring the Speed of Airflow is Expected to Fuel the Growth of the Anemometers Segment
7.2.4 Hygrometers
7.2.4.1 Hygrometers With Temperature Measurement Sensors Improve the Accuracy of Forecasts
7.2.5 Rain Gauges
7.2.5.1 Need for the Measurement of Precipitation is Expected to Boost the Growth of the Rain Gauges Segment
7.2.6 Thermometers
7.2.6.1 Weather Stations Require Thermometers to Measure Changes in Environmental Temperature
7.2.7 Communication & Data Loggers
7.2.7.1 Demand for Detailed Information About Weather Conditions of Specific Areas is Expected to Fuel the Growth of the Communication & Data Loggers Segment
7.2.8 Sounding Systems & Radiosondes
7.2.8.1 Determination of Vertical and Horizontal Disturbances Through Sounding Systems & Radiosondes is Expected to Drive the Growth of the Market
7.2.9 Weather Radars
7.2.9.1 Weather Radars Help in Transmitting Data to Super Computers for Analysis and Forecasting
7.2.10 Satellite Sensors
7.2.10.1 Need for High-Resolution Images for Weather Forecasting is Expected to Fuel the Growth of the Satellite Sensors Segment
7.2.11 Others
7.2.11.1 Demand for Measurement of Wind Direction & Cloud Base Heights is Expected to Boost the Growth of the Wind Vanes and Ceilometers Segments
7.3 Software
7.3.1 Software, By Solution
7.3.2 Data Collection & Processing Software
7.3.2.1 Application of Data Collection & Processing Software in Planning Energy Requirements During Extreme Conditions is Expected to Drive the Growth of the Market
7.3.3 Weather Monitoring & Display Software
7.3.3.1 Weather Monitoring & Display Software Supports a Vast Range of Stations That Provide Real-Time Information and Email Notifications of Extreme Weather Conditions
7.3.4 Supercomputing
7.3.4.1 Weather Monitoring & Display Software Supports a Vast Range of Stations That Provide Real-Time Information and Email Notifications of Extreme Weather Conditions
7.3.5 Big Data Analytics
7.3.5.1 Need for Decision Support System for In-Depth Detailed Analytics is Expected to Drive Growth of the Big Data Analytics Segment During the Forecast Period
7.3.6 Others
7.3.6.1 Need for a Robust Method to Predict and Analyze Weather Data Sets is Expected to Boost the Growth of Artificial Intelligence, Machine Learning & Time Series

8 Weather Forecasting Systems Market, By Application
8.1 Introduction
8.2 Weather Satellites
8.2.1 Need to Track Climatic Conditions and Direction of Clouds is Expected to Boost the Growth of the Market for Weather Satellites
8.3 Weather Observing Systems
8.3.1 Weather Observing Systems Comprise Visibility Sensors, Precipitation Sensors, Freezing Rain Sensors, Lighting Sensors, Pressure Sensors, Temperature Sensors, and Anemometers
8.4 Weather Stations
8.4.1 Weather Stations Comprise Thermometers for Temperature Measurement, Rain Gauges for the Measurement of Rainfall, and Sensors for the Measurement of Atmospheric Pressure, Wind, and Precipitation Levels
8.5 Weather Drones
8.5.1 Need for Real-Time Information About Humidity and Pressure at High Altitudes Expected to Boost the Growth of the Market for Weather Drones
8.6 Weather Balloons
8.6.1 The Data From Radiosonde, Combined With That From Ground Weather Stations is Used to Forecast Weather
8.7 Airborne Lidar
8.7.1 Airborne Lidar Helps Pilots By Providing Them Weather Conditions of Landing Locations
8.8 Others
8.8.1 Need to Monitor Indoor and Outdoor Weather Conditions and Forecast Oceanic Weather is Expected to Boost the Growth of the Market for Digital Weather Stations and Drifting Buoys

9 Weather Forecasting Systems Market, By Vertical
9.1.1 Introduction
9.2 Agriculture
9.2.1 Demand By Farmers to Plan Optimal Development and Yield of Crop is Projected to Drive the Growth of the Market in Agriculture
9.3 Aviation
9.3.1 Need to Ensure Safety of Air Passengers and Flight Crew is Expected to Fuel the Growth of the Market in Aviation
9.4 Transportation & Logistics
9.4.1 Demand for Meteorological Information for the Operation of Vehicles is Expected to Boost the Growth of the Market in Transportation & Logistics
9.5 Oil & Gas
9.5.1 Weather Forecasting Helps in Understanding Oceanic Weather to Plan Deployment of Equipment, Offshore Drilling, and Route Planning
9.6 Marine
9.6.1 Marine Weather Forecasting is Mostly Conducted By the National Weather Service, the National Oceanic and Atmospheric Administration, the Marine Meteorology Division of the US Naval Research Laboratory (NRL), and the Cyprus Oceanography Center
9.7 Renewable Energy
9.7.1 High Dependence of Power Generation From Renewable Sources on Weather Conditions is Expected to Fuel the Growth of the Market in Renewable Energy
9.8 Military
9.8.1 Need to Receive Weather Warnings By Military Teams is Expected to Drive the Growth of the Market
9.9 Meteorology
9.9.1 Meteorology Departments use Data Collected By Various Satellites, Ground Weather Stations, and Weather Radar to Provide Weather Forecasting Services to Weather-Sensitive Industries
9.10 Weather Service Providers
9.10.1 Meteorology Departments use Data Collected By Various Satellites, Ground Weather Stations, and Weather Radars to Provide Weather Forecasting Services to Weather-Sensitive Industries
9.11 Others
9.11.1 Need for Weather Forecasting Systems By the Media & Entertainment, Insurance, and Telecommunication Verticals for Effective Planning and Decision-Making are Expected to Fuel Growth of the Market

10 Weather Forecasting Systems Market, By Forecast Type
10.1 Introduction
10.2 Nowcast
10.2.1 Need for Detailed Description of Weather Conditions By Up to 6 Hours in Advance are Expected to Fuel the Growth of the Nowcast Segment
10.3 Short-Range
10.3.1 Demand for Weather Forecasts to Plan Sports and Social Events is Expected to Drive the Growth of the Short-Range Segment
10.4 Medium-Range
10.4.1 The European Centre for Medium-Range Weather Forecasts Provides Up to 2 Weeks Ahead of Global Numerical Weather Predictions
10.5 Extended-Range
10.5.1 The World Meteorological Organization (WMO) has Officially Designated 12 Global Producing Centers for Extended-Range Forecasts
10.6 Long-Range
10.6.1 Need for Weather Forecasts for Longer Time Periods By Industries Directly Impacted By Weather is Expected to Fuel the Growth of the Long-Range Segment

11 Regional Analysis

Companies Mentioned

  • Accuweather, Inc.
  • Airmar Technology Corporation
  • All Weather, Inc
  • Campbell Scientific
  • G. Lufft Mess- Und Regeltechnik GmbH
  • Gill Instruments
  • Hoskin Scientific
  • Met One Instruments Inc.
  • Meteogroup
  • Morcom International
  • Raytheon
  • Skye Instruments
  • Sutron Corporation
  • The Weather Company
  • Vaisala Oyj

For more information about this report visit https://www.researchandmarkets.com/r/5tucn2

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PwC Global Revenues Up 7%[1] to US$42.4 Billion

LONDON, Oct. 1, 2019 /PRNewswire/ — For the 12 months ending 30 June 2019, PwC firms around the world had gross revenues of US$42.4 billion – up 7% in local currency and 4% in US dollars. Revenues grew across all lines of business and major markets, boosted by the power of the PwC brand and continued significant investments in quality, technology and people.  

As our clients face increasing challenges and opportunities driven by technological advances, stakeholder expectations and other changes, they require us to work together across the broad range of our operations helping them to deal with issues such as cyber security, trust, regulation and strategic workforce planning. And as a result, our business is growing rapidly in these areas to meet increased client demand.

“Over the past year, we’ve continued to focus on delivering value to our stakeholders, working hard to build trust and help our clients solve their most complex problems. As a result, PwC businesses grew in all major markets around the world. Our strong growth in revenues has enabled us to continue to invest in our businesses and our people. Investments in technology are making our services more relevant and enhancing the quality of our work.

“PwC firms now employ 276,000 people worldwide and are investing heavily in learning and development to ensure our people can build rewarding careers and are prepared for the future world of work,” said Bob Moritz, PwC’s Global Chairman.

A good performance across the world

In the Americas, revenues were up by 5% compared with 4% the prior year, with a particularly strong performance from operations in the United States and Canada, offset by some challenging economic conditions in Brazil where revenue rose by 2%. Growth in Western Europe was up by 7%. In Central and Eastern Europe, revenues continued to grow strongly –  up 10% –  marking the fourth consecutive year of double digit growth.

Revenue growth from the Middle East and Africa was also strong, despite some challenging market conditions, increasing by 9%. Across Asia, revenues grew by 9% while in Australasia and the Pacific, PwC enjoyed another strong year with revenues rising by 10%.

Assurance: Despite very mature and highly competitive markets, revenues from PwC Assurance operations grew by 5% to US$17.4 billion. With 115,000 people across the world, we continue to manage the challenges of mandatory firm rotation in many markets and attract new clients with the introduction of cutting-edge solutions and emerging technologies for the audit. In addition, demand for our broader assurance services continues in established areas such as internal audit, risk and compliance, as well as emerging areas such as data and analytics, crypto currency and blockchain.

Advisory: PwC Advisory operations grew by 10% to US$14.4 billion. We have in recent years established a strong reputation for delivering value for clients from strategy to execution. This is driving high demand, particularly relating to deals, value creation and business transformation. PwC Advisory operations now employ 68,000 people. We engage a broad range of talents, bringing not only the more traditional management or strategy consultants, but also data scientists, AI experts, systems engineers, designers, communications experts and others, to address our clients’ most pressing business issues and opportunities. We also have alliances with many of the world’s leading technology companies to create cutting-edge solutions for clients.

Tax & Legal Services: PwC Tax & Legal revenues grew by 6% to US$10.7 billion, driven by continued complexity and change in many local tax systems, as well as the state of flux in the global regulatory and economic landscape. The 55,000 professionals in our Tax and Legal Services practices use the latest technologies to help businesses navigate complexity and risk, build their people networks, and solve legal challenges while meeting their tax and other responsibilities. Demand was particularly high for People & Organisation services, Legal services, and Tax Reporting & Strategy services.

New world. New skills.

It’s become increasingly apparent that one of the world’s most pressing challenges – and one faced by business – is the growing mismatch between the skills people have and those needed for the digital world. There is an urgent need for organisations, governments and educators to come together to fix this growing problem and business has an important role to play. Over the next four years, we are committing $3bn in upskilling – primarily in training our people but also in developing and sharing technologies to support clients and communities.

“The skills gap is an issue that goes to the heart of our purpose and we have the scale and experience to make a measurable impact. That’s why today we are launching ‘New world, New skills’ –  a commitment to tackle this important problem for our people, our clients and the communities in which we operate,” said Bob Moritz.

The programme focuses on four key areas: 

  • Upskilling all of PwC’s 276,000 people. We will roll out different programmes that meet their particular needs, from skills academies to digital fitness apps to leadership development. A proportion of our workforce will develop specialist skills in areas including data analytics, robotics process automation and artificial intelligence for use in their work. For others, it’s about understanding the potential of new technologies so they can advise clients, communities, and other stakeholders.
  • We are also advising our clients on the challenges posed by rapid technological change and automation. This includes identifying skills gaps and mismatches against likely future needs, workforce planning, upskilling programmes and cultural change.
  • We will work with governments and institutions to reach a much broader group of people. For example, PwC in Luxembourg helped develop the Luxembourg Skills Bridge which brings together trade unions, associations and businesses to build digital industries and develop digital skills, including among those populations most ‘at risk’.
  • We will help millions of people improve their skills and knowledge for the digital world by making upskilling a focus of our not-for-profit initiatives. This includes working with students and teachers, which will help ensure opportunities are more evenly spread and we reach people who may otherwise be left behind. Learn more about PwC’s New world. New skills.

Striving for the highest quality

The quality of our work is at the heart of our organisation and we invest significant and increasing resources in its continuous enhancement across all of our businesses. This investment is targeted into many different areas, including training (technical, ethical and behavioural), methodologies, adding resources in key areas and exploring new ways of delivering our work. We are also investing heavily in new technology to drive continuous improvements in the quality, capabilities and effectiveness of all of our services. As part of our journey to be one of the most cloud enabled organisations in the world, we are investing over US$1 billion in solutions and supporting programmes to create a connected ecosystem and drive innovation and quality. 

“The quality of our work across the full range of our services is incredibly important. While we are proud to have been the first of the global professional services networks to have published its internal audit quality inspection results, we know we have more to do and are operating with a continuous improvement mindset. Both in terms of how we test, measure and enhance quality and also in the levels of investment we need to make to ensure our quality is as high as possible. We have added more detail in our Global Annual Review on audit quality and aim to increase transparency in the future,” said Bob Moritz.

The results of our audit quality testing improved in FY19. We know that we have more to do and we need to reduce the level of non-compliant audits further. In FY19, of the 1,768 audits we reviewed, 94.9% (up from 92.2% in 2018) were deemed compliant. Learn more.

Notes to editors:

About PwC:  At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 157 countries with over 276,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com.

PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.

© 2019 PwC. All rights reserved

To learn more, take a look at PwC’s Global Annual Review – www.pwc.com/annualreview

People and developing talent: Across the world in FY19, PwC’s headcount grew 10% to 276,005 people and our global presence remains strong with 1,008 offices in 742 locations across 157 countries. In FY19, 69,734 people joined PwC firms – including 38,053 graduates and school leavers and 26,749 experienced professionals. PwC firms around the world admitted 760 new partners on 1 July 2019. While there is still much to do to achieve gender parity in our partner numbers, the representation of female partners has increased from 13% in 2006 to 21% today.

Impact on society: In FY18, we set an ambitious global target: to invest in the future and growth of 15 million people, NGOs and social and micro enterprises to help them maximise their potential by 2022. Since FY18, we’ve reached 8.5 million beneficiaries.

This progress is thanks to the ongoing efforts and dedication of our people. In FY19, over 61,000 PwC people contributed more than 925,000 hours – of which more than 676,000 hours were spent sharing their professional skills. This year, our volunteers spent more time in their communities than in FY18, with an approximate increase of one hour per volunteer.

To address our environmental impacts, in FY18 we announced a global ambition to drive efficiencies, go 100% renewable, and offset 100% air travel emissions. By the end of FY19, a large number of our member firms were working towards our global ambition. Our environment ambition now covers nearly 90% of our global revenues.

In FY19, we made good progress in reducing the energy consumed in our buildings and vehicles, decreasing our Scope 1 (direct emissions from owned and controlled buildings and vehicles) and Scope 2 (purchased heat and electricity) emissions by 6% and 2% respectively. The proportion of electricity coming from renewable sources also increased, from 60% in FY18 to 65% in FY19.

Business travel is a part of our business and, while our headcount has grown, we have kept emissions per employee flat. This does mean, however, that absolute emissions have increased. We are managing this by exploring how to increase our use of online meetings and use less carbon intensive forms of travel, such as rail, within the context of stricter travel policies. To mitigate the impact of our air travel, we are also now supporting a range of high-quality carbon reduction projects.

Aggregated revenues of PwC firms by geographic region (US$ millions)

 

FY19 at FY19
ex. rates

FY18 at FY18
ex. rates
(restated)

% change

% change at constant ex. rates

Americas

17,798

16,970

4.9%

5.4%

Asia

6,103

5,675

7.5%

9.3%

Australasia and Pacific

1,847

1,810

2.1%

9.7%

Central and Eastern
Europe

948

918

3.3%

10.2%

Middle East and Africa

1,651

1,559

5.9%

8.7%

Western Europe

14,101

13,749

2.6%

7.2%

Revenues

42,448

40,681

4.3%

7.0%[2]

 

Aggregated revenues of PwC firms by service line (US$ millions)

 

FY19 at FY19
ex. rates

FY18 at FY18
ex. Rates
(restated)

% change

% change at
constant ex.
rates

Assurance

17,382

17,048

2.0%

4.6%

Advisory

14,369

13,314

7.9%

10.4%

Tax

10,697

10,319

3.7%

6.4%

Gross revenues

42,448

40,681

4.3%

7.0%

Expenses and
disbursements on client
assignments

-2,538

-2,625

-3.3%

-0.9%

Net revenues

39,910

38,056

4.9%

7.5%

 

FY19 revenues are the aggregated revenues of all PwC firms and are expressed in US dollars at average FY19 exchange rates. FY18 aggregated revenues are shown at average FY18 exchange rates. Gross revenues are inclusive of expenses billed to clients. Fiscal year ends 30 June.

[1] This 7% growth is based on continuing operations. Revenues from businesses sold in FY18 have been excluded from the FY18 numbers which have been restated from the figure published in October 2018.

[2] This 7% growth is based on continuing operations. Revenues from businesses sold in FY18 have been excluded from the FY18 numbers which have been restated from the figure published in October 2018.

 

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SOURCE PwC

ScaleX.ai Announces Three New Board of Advisors – Including Dr. Howard Dover, Dr. Joël Le Bon, and Jason Adams

LITTLETON, Colo., Sept. 30, 2019 /PRNewswire-PRWeb/ — ScaleX.ai, the leader in AI for Sales, today announced three new board members – Dr. Howard Dover, Dr. Joël Le Bon, and Jason Adams

These board members join the existing advisory board which includes Matthew McDarby (Managing Partner of Specialized Sales Systems), Alice Heiman (CEO of AliceHeiman, LLC and Co-Founder and CRO of TradeShow Makeover), Sean Milius (CEO of The Healthcare Initiative), and Stephen D’Angelo (President of Aviso.ai).

ScaleX.ai Welcomes these Board of Advisors to the team:

  • Dr. Howard Dover, Director, Center for Professional Sales at UT Dallas and Founding Member at Sales Enablement Society
  • Dr. Joël Le Bon, Marketing & Sales Professor, Leadership in Digital Marketing & Sales Transformation Faculty Director
  • Jason Adams, CEO at DayOne Partners

In the foreword of the book AI for Sales: How Artificial Intelligence is Changing Sales, Dr. Joël Le Bon writes, “Sales has changed more in the past five years than in the past fifty. As we know, change is permanent. However, the speed and scope of change today is different. Mathematicians call it the third derivative or the rate of the increase in acceleration; and increase in acceleration is exactly what Artificial Intelligence (AI) is bringing to modern sales.”

“The addition of Dr. Dover, Dr. Le Bon, and Jason Adams to the Board of Advisors is a real honor. Dr. Dover helps the ScaleX executive team question the best way that AI for Sales can increase sales without flooding prospects inboxes. Dr. Le Bon provides a framework for understanding “what, why, how, and when” around AI for Sales. And Jason Adams is an expert in helping software companies with M&A strategy and company roll-ups,” said Chad Burmeister, CEO of ScaleX.ai.

AI for Sales is already dramatically changing the sales profession and these professors lead their field by partnering with companies like ScaleX.ai to bring a more modern AI for Sales approach to Universities around the country. As Dr. Dover said, in this video, “AI is going to become an essential part of our curriculum in the next year. Very excited about having our students not only say the two letters AI but actually know what it means and actually implement it into our curriculum.”

To learn more about AI for Sales, visit these resources:

About ScaleX.ai – ScaleX.ai delivers personalization at scale, powered by artificial intelligence (TM). Whether you are looking to bring 10X more productivity to your internal sales team, or partner with a company that consistently delivers 25 or more meetings per month per BDR, ScaleX has a solution. To learn more about ScaleX.ai, watch the YouTube Video: https://www.youtube.com/watch?v=h-DiV2ceDM4

 

SOURCE ScaleX, Inc.

NextPax Integrates Artificial Intelligence Into Channel Management Platform

ALMERE, The Netherlands, Sept. 30, 2019 /PRNewswire-PRWeb/ — NextPax is a connectivity and technology provider in the travel and hospitality industry with access to an immense and continuously growing set of data coming from hotels and alternative lodging companies (vacation rentals, villas, condos and holiday parks). The integration of Artificial Intelligence in its technology will expand and accelerate NextPax’s ability to help partners grow their business. One of the first areas AI will be used on is analyzing millions of images through Deep Learning (Convolutional Neural Networks).

Image tagging
Having a large selection of high quality and tagged images increases shopper conversion, resulting in additional bookings for lodging companies. ‘The main influencers for purchasing lodging are the images displayed during the shopping process. We receive millions of images via content APIs as well as hard-drives with terabytes of photo material from our partners,’ says Erik Engel, CEO of NextPax. ‘The alternative is having someone manually tagging the images, that goes against what we stand for as a technology provider. Automation, reducing the workload and helping property managers and channels improve online performance is at the core of NextPax’s development strategy.’

Deep Learning
Utilizing vast quantities of available data, the NextPax development team has built an image-tagging system that works with Deep Learning; an important branch of Artificial Intelligence that encompasses a broad field of methods that are based on Neural Networks. ‘The majority of the millions of pictures that go through the NextPax platform have no identifying tags or descriptions,’ Robert van der Mast, CTO of NextPax explains. ‘In order to classify the images, a state-of-the-art Deep Learning model is trained, and in the iterative process of incorporating the vast amounts of data we have at NextPax, we are able to improve our model even further. Data we now process via the NextPax platform is enriched and more accurate when sent to the channels.’

Improving content scores
NextPax’ partners directly benefit from the Artificial Intelligence technology employed, as it improves the content scores on the channels. This improves the searchability of properties resulting in increased conversion rates. ‘We are proud of our talented development engineers who bring their expertise, skills and development techniques that add so much value to our platform,’ says Erik Engel. ‘This is only the first of many AI functionalities to be implemented by NextPax, as we continue to have a leading role in travel technology.’

Would you like to know more about how the NextPax platform can contribute to your distribution strategy? Contact us at sales@nextpax.com.

 

SOURCE NextPax

Salesforce Positioned as a Leader in 2019 Gartner Magic Quadrant for CRM Lead Management

SAN FRANCISCO, Sept. 30, 2019 /PRNewswire/ — Salesforce (NYSE: CRM), the global leader in CRM, today announced that Gartner Inc. has positioned Salesforce as a Leader in its September 2019 Magic Quadrant for CRM Lead Management.

Salesforce (PRNewsFoto/salesforce.com) (PRNewsfoto/Salesforce)

“Salesforce Pardot has been focused on enabling enterprise and high-growth businesses to bring together sales and marketing teams, empowering them to better engage buyers, close deals faster and build deeper relationships with customers,” said Michael Kostow, SVP and GM of Salesforce Pardot. “Analytics and artificial intelligence are two critical pieces to every account-based marketing strategy and should be accessible to every B2B marketer to close the gap between sales and marketing.”

According to Gartner, “Good lead management is about better cooperation between sales and marketing to increase the supply of potential customers and boost total sales conversions. To achieve this, lead management applications need to support one aligned organizational revenue-generating process at any time, from any point of view.”

Salesforce Pardot
Pardot is marketing automation on the world’s #1 CRM. With Pardot, marketers can create more meaningful connections, generate more pipeline, and empower sales teams to close more deals.

Additional Information

  • A complimentary copy of the 2019 Gartner Magic Quadrant for CRM Lead Management is available for download here.
  • Follow @salesforce and @pardot on Twitter.

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 Salesforce
Salesforce is the global leader in Customer Relationship Management (CRM), bringing companies closer to their customers in the digital age. Founded in 1999, Salesforce enables companies of every size and industry to take advantage of powerful technologies—cloud, mobile, social, internet of things, artificial intelligence, voice and blockchain—to create a 360-degree view of their customers. For more information about Salesforce (NYSE: CRM), visit: www.salesforce.com.  

Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase Salesforce applications should make their purchase decisions based upon features that are currently available. Salesforce has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol “CRM.” For more information please visit http://www.salesforce.com, or call 1-800-NO-SOFTWARE.  

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SOURCE Salesforce