The Global Market for Adaptive Learning Software is Expected to Grow at a CAGR of 29.72% Replacing Traditional Learning Methods

BENGALURU, India, June 26, 2018 /PRNewswire/ —

According to a new market research report “Adaptive Learning Software Market by Geography (North America, South America, Europe, APAC, RoW); by Deployment Type (On premise based, Cloud-based); by End-user Based Segmentation (Educational Institutes, Ed-tech companies, Corporate learning)” – Outlook (2018-2022)  by ResearchFox Consulting, the Global Adaptive Learning Software Market is projected to grow at a CAGR of 29.72% during the forecast period.

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North America leads the global market in 2018 and is expected to continue to dominate during the forecasted period 

Based on geography, the Adaptive Learning Software Market has been segmented into North America, South America, Europe, APAC and RoW. Among these segments, North America remains the leader in market share of adaptive learning software as the key vendors mainly resides in this region. In addition to that, the inclination of analytics is influencing the market growth. The Asia Pacific market is expected to witness highest adoption rate due to greater scope of growth opportunities and increasing demand of cloud-based deployment.

Educational institutions to show highest adoption trends in the forecast period 

By end-user classification, the Adaptive Learning Software market has been categorised into ed-tech companies, educational institutes and corporate learning. Educational institute is dominating the Adaptive Learning Software market due to increasing demand in the usage of cloud-based technology in schools, colleges and so on. However, the ed-tech companies in Adaptive Learning Software is expected to have a significant growth in the coming years because of increased penetration of adaptive learning methods, leading to low cost and increasing customised learning.

Top Vendors of Adaptive Learning Software 

ResearchFox has identified and studied the major vendors of Adaptive Learning Software and has come up with the market share of each of these vendors. The top vendors of cloud billing identified and discussed in this report include, McGraw-Hill Education (U.S.),  D2L Corporation (Canada), IBM (New York), Wolters Kluwer (U.S.), Kaplan (U.S.) and others. Majority of the vendors for Adaptive Learning Software originate either from North America or Europe.

Topics Covered in the Adaptive Learning Software Market – Outlook (2018-22)  

Introduction, Executive Overview, Research Methodology, Market Size and Growth, Competitive Landscape, Company Classification, Region Outlook, Market Metrics, Porter’s Five Forces Model, Analysis of Drivers, Constraints, Opportunities and Challenges, Market Segmentation and Study based on Geography, Deployment Type, and End-User.

Methodology Adopted 

  • Understand the market mechanism for the industry through structured, systematic and theoretically established norms of analysing, designing, introducing and quality assurance of the market estimation
  • Measuring the various market drivers, constraints, opportunities and challenges at regular intervals of time
  • Integrate expert-opinion of discussions in consultation with the ResearchFox Analyst team
  • Market estimation and forecast calculation
  • Delphi method and Causal Analysis used as and when required
  • Rigorous quality check with heads of Research Team, Subject Matter Experts and Consultants before final publication

Team ResearchFox  

ResearchFox has an enviable team. Each member of the team is known for his relentless drive to challenge himself to be better and not settle for the status quo. This is what separates ResearchFox from its competitors.

Drop your note or queries or request to explore@researchfox.com. Our Analyst team will get back within few working hours.

In addition to the above-mentioned reports, ResearchFox Consulting has been working towards several reports related to IoT in Social, Mobile, Analytics and Cloud (I-SMAC) domain including Artificial Intelligence and Machine Learning. Know more about our published and ongoing research reports here.

Contact:
Mr. Pranab Sen
ResearchFox Consulting
Tel: +91-80-6134-1500
explore@researchfox.com

SOURCE ResearchFox Consulting Pvt. Ltd

Intralinks And Axiom Form Alliance To Offer Clients A Solution To Transform How Corporate Transactions Are Done

NEW YORK, June 26, 2018 /PRNewswire/ — Intralinks, the world’s leading Virtual Data Room (VDR) provider, and Axiom, the leading global alternative legal services provider which has supported more than $500 billion in corporate transactions, today announced that they have formed an alliance to provide new and existing clients innovative solutions for buy and sell-side due diligence and post-merger integration.

The alliance builds on Intralinks strategy of developing a suite of best-in-class services for deals.  Alligning with Axiom further complements Intralinks’ growing partner ecosystem, leveraging Axiom’s talent and technology to accelerate contract review, unearth deal synergies and provide critical business insights. 

“Our alliance with Axiom enables in-house counsel to leverage services from premier market leaders in managed legal services and VDRs for their strategic transactions,” said Leif O’Leary, CEO of Intralinks. “Combining Axiom’s Contracts Intelligence Platform with Intralinks’ VDRs will provide enhanced insights into transactional diligence and help our mutual clients identify and address risks, and close their deal faster.”

Axiom’s Contracts Intelligence Platform is a purpose-built solution which uses state-of-the-art technology to speed the contract review process, reveal potential deal synergies and provide business-critical information in a clear, user-friendly portal. Axiom’s solution accelerates contract review using artificial intelligence to collect and identify relevant clauses, then leverages experienced legal professionals to ensure data accuracy and interpret contractual language into structured, measurable data fields.

The alliance will create efficiencies in corporate transactions by:

  • Reducing the diligence timeline by increasing transparency to bidders on select key contracts
  • Accelerating and improving integration outcomes by identifying critical synergy opportunities resident in contracts
  • Leveraging the security and permissions of Intralinks to ensure protection of sensitive and confidential data

Conor Miller, SVP of M&A Due Diligence and Integration Services at Axiom, said: “Clients are excited about the ability to accelerate deal timelines and integration results through the use of Axiom’s Contracts Intelligence Platform. Coupling that with the security our clients associate with Intralinks to protect confidential data is a win for all parties in a transaction and sets the gold standard for how all deals should get done.”

Intralinks’ industry-leading virtual data rooms facilitate more than 6,000 transactions annually, serving a community of more than 4.1 million registered users. Intralinks’ VDR is the leading solution for high-stakes, strategic transactions from M&A due diligence to partnership negotiation. Their VDR capabilities feature complete document security, self-launch data rooms, artificial intelligence and mobile access.

Axiom analyzes more than 10 million contract data points annually across Fortune corporate transactions and beyond. Axiom’s Contract Intelligence Platform couples AI-driven analysis with powerful business intelligence capabilities, allowing users to visualize data and derive insights from a single source.

For Intralinks:
Jeff VanPelt
jvanpelt@intralinks.com
+1 (617) 574 5477

For Axiom: Edelman (US)
Martha McInnis
Martha.mcinnis@edelman.com
+1 (212) 704 8191

NOTE TO EDITORS

About Intralinks

Intralinks is a leading financial technology provider for the global banking, deal making and capital markets communities. As pioneers of the virtual data room, Intralinks enables and secures the flow of information facilitating strategic initiatives such as mergers and acquisitions, capital raising and investor reporting. In its 20-year history Intralinks has earned the trust and business of more than 99 percent of the Global Fortune 1000 and has executed over $34.7 trillion worth of financial transactions on its platform. www.intralinks.com

About Axiom
Axiom, a recognized leader in the business of law, provides tech-enabled legal, contracts, and compliance solutions for large enterprises. Axiom’s solutions combine legal experience, technology, and data analytics to deliver work in a way that dramatically reduces risk, cost and cycle-time. The firm comprises 2,000-plus lawyers, professionals, process engineers and technologists who serve over half the Fortune 100 across 15 regions and 3 centres of excellence globally. www.axiomlaw.com

Cision View original content:http://www.prnewswire.com/news-releases/intralinks-and-axiom-form-alliance-to-offer-clients-a-solution-to-transform-how-corporate-transactions-are-done-300672297.html

SOURCE Intralinks

Vectra Chosen as a 2018 Red Herring Top 100 North America Winner

SAN JOSE, Calif., June 26, 2018 /PRNewswire/ — Vectra, the leader in AI-powered cyberattack detection and threat hunting, was today named a Red Herring 2018 Top 100 North America company, which honors the year’s most promising private technology firms on the continent. Companies on the Red Herring Top 100 list are chosen based upon technological innovation, financial performance, business strategy and market penetration.

“What has excited me most is to see so many people forging niches in high-tech and cutting-edge sectors,” said Alex Vieux, publisher and CEO of Red Herring. “Some of the technical wizardry and first-rate business models on show here at the conference has been fantastic to learn about. We believe Vectra embodies the drive, skill and passion on which tech thrives. Vectra should be proud of its achievement; the competition was incredibly strong.”

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

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

“Being named to the Red Herring Top 100 is a huge milestone for our team,” said Vectra CEO Hitesh Sheth. “This recognition validates the escalating momentum of our Cognito platform as we continue to lead the world in applying AI to automate cyberattacker detections in real time, enable AI-assisted threat hunting and empower more conclusive incident investigations.”

Companies were judged by industry experts, insiders and journalists on a wide variety of criteria including financial performance, innovation, business strategy and market penetration. Winners ran the gamut of verticals, from fintech and marketing to security, internet of things and many more.

Red Herring’s editors have been evaluating the world’s startups and tech companies for more than two decades. It gives them the ability to see through the industry’s hype to pick firms that will continue on a trajectory to success. Brands such as Alibaba, Google, Kakao, Skype, Spotify, Twitter and YouTube have all been singled out in Red Herring’s storied history.

For more information about Vectra and the Cognito platform, please visit https://vectra.ai/.

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

Media contact
John Kreuzer
Lumina Communications for Vectra
vectra@luminapr.com 
(408) 896-3307

Cision View original content:http://www.prnewswire.com/news-releases/vectra-chosen-as-a-2018-red-herring-top-100-north-america-winner-300672014.html

SOURCE Vectra

Taking Advantage of the Banking Industry’s Blind Spot

LONDON, June 26, 2018 /PRNewswire/ —

Right now, a revolution is rocking the sleepy world of traditional finance. A single company is working to bring financial services to billions of “unbanked” people, from the slums of Mexico City to sunny southern California. Mentioned in today’s commentary includes: Blackberry Ltd. (NYSE: BB), Celestica Inc. (NYSE: CLS), Microsoft (NASDAQ: MSFT), Overstock.com (NASDAQ: OSTK), FireEye, Inc. (NASDAQ: FEYE).

QPAGOS (QPAG) has developed technology that could allow millions of marginalized individuals, and their businesses, to access financial services for the first time. Through a joint venture with DPW Holdings, Inc., QPAGOS plans to soon deploy one thousand self-service kiosks throughout California-tapping into a multi-billion dollar remittance market.

QPAGOS wants to deploy thousands of kiosks throughout the United States, filling the gaps where traditional finance has done nothing and left millions without access to financial services. The deal with DPW Holdings is just the tip of the iceberg.

In time, the billions of “unbanked” throughout the world could finally have access to the world of finance. That’s a revolution on par with the invention of the ATM. And its led by QPAGOS, a little company with a big, bold vision of the future.

#1 The Unbanked 

Around the world, there are billions of “unbanked:” individuals and businesses without access to financial services. The cash economy dominates in places like Mexico, where 65 percent of the adult population lacks a traditional bank account-and where 95 percent of all transactions are conducted in cash.

Fintech solutions focus on specific problems and have the capacity to revolutionize how financial transactions are managed, conducted, tracked and organized. Yet for the billions of unbanked, fintech has offered few answers to the very basic problem of access-despite the $16.5 billion invested in fintech firms last year.

We’re talking about a population larger than Africa and South America combined-a colossal number of people totally untouched by the global financial economy. Tapping that undiscovered market could bring huge gains to innovative firms.

Think about Paypal-one of the first fintech companies, that brought bank-less transactions to millions and now has a market cap of $100 billion.

The global payments industry is worth $2.2 trillion, according to McKinsey-but 2 out of every 7 people on earth are blocked out of the system. They can’t deposit money, take out loans, earn interest or conduct any other transaction. But QPAGOS aims to help fix that, one kiosk at a time.

#2 Solution from QPAGOS 

QPAGOS (QPAG) wants to end the isolation of the “unbanked” by erecting a system of self-service kiosks in areas that lack access to traditional financial systems.

As banks are busy closing thousands of branches, reducing access for millions from financial markets, QPAGOS is seizing the opportunity. The QPAGOS kiosks use secure digital payment tech to allow customers the security they need to make personalized transactions with hundreds of registered vendors.

The company has relationships with some of the largest communication companies on the planet, including AT&T, Dish, Apple, Virgin Mobile, Xbox, Nextel and over a hundred more.

For mobile users, the company has a brand new digital wallet-“Monedero,” which allows users to track their transactions just like Paypal’s popular Venmo app.

This could be a huge opportunity-half of the world’s 2 billion “unbanked” have cell phones, according to estimates from the World Bank.

#3 Tapping Potential 

QPAGOS (QPAG) has identified a viable way to tap into the unbanked market, and it’s already made its first moves. The company has 700 kiosks up and running, and hopes to increase that to 10,000 in the next several years.

In Mexico, QPAGOS is setting up its first system of self-service kiosks. In a country where a majority of transactions are conducted in cash, and where millions lack a bank account, the opportunities for disruption are huge.

QPAGOS has already identified more than two hundred thousand potential kiosk locations, where more than 300 million transactions take place every month. Out of a population of 120 million, 36 million adults are currently “unbanked,” with a huge chunk of that population residing in Mexico City, the second-largest city in North America.

QPAGOS kiosks connect consumers to more than 140 service providers. Individuals can conduct transactions, pay bills, deposit money, and can even deal in crypto-currencies like Bitcoin. The company has rolled out a proprietary electronic wallet, called Monedero, which allows users to deposit cash for mobile app purchases and other uses.

QPAGOS has done what few fintech firms have accomplished-they’ve brought the powers of finance to the unbanked. They are looking to shake up traditional business in Mexico…and have no plans of stopping there.

#4 Welcome to America 

On June 15, 2018, QPAGOS (QPAG) took its first step towards expanding its national kiosk network. The company signed a deal with DPW Holdings, Inc., a diversified holding company, to establish a joint venture to build a network of 1,000 self-service kiosks throughout California.

Construction and installation of the kiosks is planned to take place the next 12 months. The kiosks are designed to be plugged into a network of up to 10,000 vendors that can accept digital payments as well as mobile top-up services, money transfers, cryptocurrency purchases and other financial services.

QPAGOS has already tried out its kiosks in Mexico and a dozen other markets, and the deal with DPW will bring them to the U.S. The market of “unbanked” in the U.S. is much larger than people realize: a full 7% of the U.S. population has no access to financial services. That’s nearly 25 million people.

Once these kiosks are set up, QPAGOS could start earning regularly in payment processing fees, service provider commissions, advertisement fees and kiosk rental charges. It will also likely face zero competition initially-its kiosks will be the one-stop shop for millions of Californians without access to traditional financial networks.

One niche market is servicing up to $138 billion in personal remittance payments: individuals working in the U.S. who send most of their money home to their families. Right now, individuals take advantage of sluggish storefronts like 7-11 and Western Union. But a QPAGOS kiosk could allow such remittance payments to be deposited and transferred instantly, with the company taking a small transaction fee.

The global remittances market is more than $570 billion, and nearly all of it is conducted by members of the “unbanked” population with no bank accounts and, thus, more in need of sending money easily over long distances.

QPAGOS kiosks, and the company’s secured digital platform, could make such transactions quick and easy. This is a market that no one has thought to tap, but one that QPAGOS could access with ease.

#5 Unlocking the Unbanked 

Make no mistake. QPAGOS (QPAG) is intent on bringing the fintech revolution to the world’s unbanked masses, and could make a killing in the process. It reported a 58 percent increase in revenue in Q1 2018. Its stock is up 100 percent from January 2018.

From its humble beginnings in 2014, QPAGOS has seen its revenue triple, as more of its kiosks are erected and more users take advantage of its products, including the digital wallet Monedero. Its new kiosk deployment plan with DPW Holdings could allow it to tap into markets containing 400 million people.

Erecting these kiosks costs very little, and most of the maintenance is covered by rental fees-local businesses will pay to have kiosks close by, since they bring additional business.

QPAGOS’ (QPAG) has already taken Mexico by storm. Now, through its deal with DPW, it’s bringing its revolutionary tech to those in need within the United States.

Other companies to watch as the fintech revolution takes off:

Blackberry Ltd. (NYSE: BB) made its name as a cell phone manufacturer, but many don’t realize that Blackberry is actually providing mobile cybersecurity for government agencies worldwide. It’s also playing security consultant. A major victory for BB came in when it won the right to sell its secure messaging tools to the U.S. government.

As the fintech revolution heats up, Blackberry may very well carve its own place in the movement, and investors are sure to be playing close attention to its share price.

Celestica Inc. (NYSE: CLS) is a manufacturer of electrical devices used in IT, telecommunications, healthcare, defense and aerospace industries, though it recently has shown a significant interest in the development of blockchain and IoT solutions, Celestica has also shown interest in artificial intelligence which could be an absolute game-changer in its current devices

Celestica has a long history in technology, and will surely be a stock to watch as the Fourth Industrial Revolution takes flight.  

Microsoft (NASDAQ: MSFT) is one of the most innovative and well-known companies within the tech sector, but its Windows platform is the most widely used operating system on the planet. First launched in 1985, Windows has shaped what is expected from a personal home computer.

But Microsoft is appealing to investors for more just its Windows platform. Like Intel, Microsoft is diving head first into an entirely new market. With key partnerships utilizing and implementing blockchain and financial technology, the company’s upside could have huge potential as the tech takes off.

Overstock.com (NASDAQ: OSTK) According to one analyst, it’s the perfect blockchain play. After patiently developing blockchain tech through its subsidiary TZero, Overstock.com had a big year in 2017: its stock value leapt from $20 to over $80, and its market cap jumped above $1.5 billion, before falling back down a bit.

FireEye, Inc. (NASDAQ: FEYE) is one of the most impressive cybersecurity barnstormers out there. It only went public in September 2013, and by December that same year it was spending $1 billion on a major acquisition, Mandiant, which was one of the top data breach and response companies in the space.

This is now a massive and fast-growing company of highly sought-after cyber experts and products, all rolled into a cloud-based platform that is a favorite among key Fortune 500 companies, not to mention Global 2000 companies.

By. Charles Kennedy

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Arteris IP Achieves Major Milestone: 100th Customer

CAMPBELL, Calif., June 26, 2018 /PRNewswire-PRWeb/ — Arteris IP, the world’s leading supplier of silicon-proven commercial network-on-chip (NoC) interconnect intellectual property (IP), today announced that 100 customers have adopted its on-chip communication technologies in a wide variety of system-on-chip (SoC) designs for automotive, consumer electronics, artificial intelligence (AI) and server markets.

The FlexNoC and Ncore cache coherent interconnect solutions from Arteris IP play a vital role in the architecture development, design, and implementation of complex heterogeneous multicore SoCs. Arteris IP is especially critical in today’s leading-edge designs, which incorporate advanced technologies like machine learning and neural networks via hardware accelerators. Customers have chosen Arteris’ on-chip interconnect IP because it:
1.    Allows high bandwidth and low latency communications between hardware accelerators for custom algorithm processing using end-to-end quality-of-service (QoS) mechanisms encompassing advanced memory and data flow techniques. These capabilities enable next-generation state-of-the-art “supercomputers-on-a-chip” for artificial intelligence and autonomous driving.
2.    Increases system functional safety and reliability with integrated reporting and data protection capabilities. These features are integrated into the interconnect technology, implementing on-chip error code correction (ECC), hardware redundancy, built-in self-test (BIST) techniques, and a safety controller. This allows autonomous driving and advanced driver assistance system (ADAS) supercomputers-on-a-chip to more easily achieve ISO 26262 functional safety specification compliance.
3.    Enables low power consumption by implementing advanced clock gating and power management. Use of Arteris IP interconnects reduces power consumption for chips which include multiple processing elements, easing the deployment of the most advanced SoCs in cars and mobile devices.

“We are honored to reach the 100th customer milestone while serving the world’s most demanding chip design teams as they create state-of-the-art chips for systems ranging from autonomous driving to mobile phones to neural networking processors for machine learning,” said K. Charles Janac, President and CEO of Arteris IP. “While new customers place their confidence in our interconnect IP technology, existing customers have utilized our technology over many generations of SoCs to extend their market leadership positions. Earning our 100th customer is a result of our substantial technology lead, unsurpassed product quality, and highly experienced global support team.”

Reaching 100 customers is a benchmark achievement that comes at an unprecedented time in chip design when supercomputer-like processing is reshaping electronics. In addition to leading chipmakers such as NXP and Samsung, and design services companies such as Renesas Electronics, leading systems companies including Mobileye and commonly-known consumer electronics companies worldwide are adopting Arteris IP in order to quickly enter new markets.

The organic growth in the number of customers is consistent with other positive developments at Arteris IP. The company recently moved to a new and larger corporate headquarters in Campbell, CA, opened an engineering facility in Austin, and doubled the size of its Paris engineering office.

Recent Arteris IP Customer Achievements
Mobileye
Mobileye, an Intel business, has licensed Arteris IP’s FlexNoC interconnect as well as the optional FlexNoC Physical and FlexNoC Resilience Packages for use in its EyeQ5® vision based ADAS SoCs: “For years, Arteris IP’s on-chip communication technology has allowed us to continually increase the performance of each EyeQ ADAS SoC generation while reducing wire routing congestion and timing closure issues,” said Elchanan Rushinek, Vice President of Engineering at Mobileye. “Moreover, the data protection in the FlexNoC Resilience Package allows us to more easily implement functional safety features in hardware to meet the most stringent ISO 26262 requirements.”

Dream Chip Technologies
“Arteris IP’s interconnect solution is at the heart of our ADAS chip catering to imaging, LIDAR point cloud, and 3D radar algorithms,” said Dr.-Ing. Jens Benndorf, Managing Director and COO of Dream Chip Technologies, Germany’s largest semiconductor design services firm.

Canaan Creative
Canaan Creative, an ASIC design house in China, has been using Arteris IP’s interconnect solution for on-chip communications between multiple hardware accelerators to implement AI algorithms: “Custom processing elements are crucial in innovative SoC designs, and the interconnect solution from Arteris IP has allowed us to efficiently implement these hardware processing elements for running AI and machine learning algorithms,” said Mark Wu, VP of Technology at Canaan Creative.

About Arteris IP
Arteris IP provides network-on-chip (NoC) interconnect IP to accelerate system-on-chip (SoC) semiconductor assembly for a wide range of applications from automobiles to mobile phones, IoT, cameras, SSD controllers, and servers for customers such as Samsung, Huawei / HiSilicon, Mobileye (Intel), Altera (Intel), and Texas Instruments. Arteris IP products include the Ncore cache coherent and FlexNoC non-coherent interconnect IP, the CodaCache standalone last level cache, as well as optional Resilience Package (ISO 26262 functional safety) and PIANO automated timing closure capabilities. Customer results obtained by using the Arteris IP product line include lower power, higher performance, more efficient design reuse and faster SoC development, leading to lower development and production costs. For more information, visit http://www.arteris.com or find us on LinkedIn at https://www.linkedin.com/company/arteris.
Arteris, FlexNoC, Ncore, and PIANO are registered trademarks of Arteris, Inc. Arteris IP, CodaCache, and the Arteris IP logo are trademarks of Arteris, Inc. All other product or service names are the property of their respective owners.

 

SOURCE Arteris IP

AI Breakthrough Announces Inaugural Artificial Intelligence Breakthrough Award Winners

LOS ANGELES, June 26, 2018 /PRNewswire-PRWeb/ — AI Breakthrough, an independent organization that recognizes the top companies, technologies and products in the global Artificial Intelligence (AI) market, today announced the winners of the inaugural AI Breakthrough Awards program. The winning AI Breakthrough selections showcase AI and machine learning technologies and companies that have both succeeded in pushing ingenuity and exemplifying the best in AI solutions across the globe.

“The global AI market is expected to be worth over seven billion dollars this year, and the industry is growing exponentially with numerous exciting technological developments progressing daily,” said James Johnson, managing director at AI Breakthrough. “With this amazing rate of market growth and development, AI Breakthrough is determined to recognize the standout AI solutions and companies. We are grateful for all of the nominations submitted and we are thrilled to announce the results of our inaugural program. Congratulations to all of our 2018 AI Breakthrough Award winners.”

The AI Breakthrough Awards program recognizes the artificial intelligence innovators, leaders and visionaries from around the world in a range of categories, including AI Platforms, Smart Robotics, Business Intelligence, Virtual Agents and Bots, Natural Language Processing, industry specific AI applications and many more. The program attracted more than 2,500 award nominations from over 15 different countries throughout the world.

Winning products and companies were selected based on a variety of criteria, including most innovative and technologically advanced products and services, with the ultimate goal of recognizing the “Break Through” nominations for AI technologies and companies.

The 2018 AI Breakthrough Award winners include:

AI Industry Leadership
-Best Artificial Intelligence CEO: Jensen Huang, NVIDIA
-Best AI Startup: Fusemachines
-Best Overall AI Solution: Verint, Intelligent Self-Service
-Best Overall AI Company: Google

AI Platforms
-Best Machine Learning Platform: Veritone
-Best Machine Learning Company: Infinia ML
-Best Deep Learning Platform: Deep Cognition
-Best Overall AI Platform: Qualcomm, Snapdragon Neural Processing SDK

Business Intelligence and Analytics
-Best Predictive Analytics Platform: Ambyint
-Best Predictive Analytics Solution: Sundown.ai
-Best Behavioral AI Solution: Knowmail

Natural Language Processing (NLP)
-Best Natural Language Understanding (NLU) Solution: True AI
-Best Conversational Interface: SoundHound
-Best NLP Platform: Sinequa

Virtual Agents and Bots
-Best Intelligent Personal Assistant: x.ai
-Best Chatbot Solution: Progress, NativeChat

Robotics
-Innovation Award for Cognitive Robotics: Intuition Robotics
-Best Overall Robotics Company: Airobotics

Decision Management
-Best Decision Management Solution: Pipeline

Robotic Process Automation (RPA)
-Best Robotic Process Automation Solution: Myndshft, M:IATM
-Best Robotic Process Automation Company: Blue Prism

Virtual Reality
-Best Use of Virtual Reality for Enterprise Applications: Alcatel-Lucent Enterprise
-Best Overall VR Company: Oculus VR

Industry Vertical Applications
-Best AI-based Solution for CyberSecurity: ExtraHop
-Best AI-based Solution for Financial Services: Sage, Pegg
-Best AI-based Solution for Healthcare: Curematch
-Best AI-based Solution for Transportation: Netradyne
-Best AI-based Solution for Manufacturing: Citrine Informatics
-Best AI-based Solution for Advertising: AdTheorent
-Best AI-based Solution for Marketing: Invoca
-Best AI-based Solution for Education: Osmo

About AI Breakthrough
Part of the Tech Breakthrough Awards organization, the AI Breakthrough Awards program is devoted to honoring excellence in Artificial Intelligence technologies, services, companies and products. The AI Breakthrough Awards provide public recognition for the achievements of AI companies and products in categories including AI Platforms, Robotics, Business Intelligence, AI Hardware, NLP, Vision, Biometrics, industry vertical AI applications and more. For more information visit AIBreakthroughAwards.com.

 

SOURCE AI Breakthrough

Veritas is named Worldwide Market Share Leader by Gartner in Backup and Recovery Software, Archiving Software and Management Software Defined Storage for 2017 by Revenue

MOUNTAIN VIEW, Calif., June 26, 2018 /PRNewswire/ — Veritas Technologies earned top worldwide market share in backup and recovery, archiving software and management software-defined storage (SDS) for 2017 by revenue, according to Gartner.1

Veritas had 24.3 percent market share in the backup software market, led by its NetBackup and Backup Exec solutions, and 11.5 percent of the market in archive software. In the management SDS category, the company maintained leading market share at 27.2 percent, while growing revenue by 7.87 percent in 2017.

Veritas has heightened its focus on ensuring customer success while sustaining a rapid pace of innovation with both existing and new solutions to help organizations solve their most complex data protection challenges.

Additionally, the need for modern software-defined storage capabilities has never been more pressing as data growth and data storage costs continue to grow exponentially. New software-defined storage innovations from Veritas enable and optimize machine learning intelligence to help customers increase their information capital through deeper levels of classification, indexing and analytics.

“New applications like artificial intelligence (AI) and the Internet of Things (IoT) are driving soaring volumes of data, while data governance regulations, such as the General Data Protection Regulation (GDPR), are causing complex data protection and storage challenges for customers,” said Greg Hughes, CEO, Veritas. “At Veritas, we’re focused on helping our customers easily protect and manage their data,” said Hughes.

The new Gartner report follows Veritas’ position as a Leader  in the Gartner 2017 Magic Quadrant for Data Center Backup and Recovery Solutions 2  and the Gartner 2017 Magic Quadrant for Enterprise Information Archiving. 3  

Gartner subscribers can access the report at: here.

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 Veritas
Veritas Technologies empowers businesses of all sizes to discover the truth in information—their most important digital asset. Using the Veritas platform, customers can accelerate their digital transformation and solve pressing IT and business challenges including multi-cloud data management, data protection, storage optimization, compliance readiness and workload portability—with no cloud vendor lock-in. Eighty-six percent of Fortune 500 companies rely on Veritas today to reveal data insights that drive competitive advantage. Learn more at www.veritas.com or follow us on Twitter at @veritastechllc.

Forward-looking Statements: Any forward-looking indication of plans for products is preliminary and all future release dates are tentative and are subject to change at the sole discretion of Veritas. Any future release of the product or planned modifications to product capability, functionality, or feature are subject to ongoing evaluation by Veritas, may or may not be implemented, should not be considered firm commitments by Veritas, should not be relied upon in making purchasing decisions, and may not be incorporated into any contract.

Veritas, the Veritas Logo, NetBackup and CloudPoint are trademarks or registered trademarks of Veritas Technologies LLC or its affiliates in the U.S. and other countries. Other names may be trademarks of their respective owners.

PR Contacts

US Contact
Veritas Technologies
Dayna Fried +1 925 493 9020
dayna.fried@veritas.com

EMEA Contact
Veritas Technologies
James Blamey +44 7467 688263
James.blamey@veritas.com

APJ Contact
Veritas Technologies
Belinda Lim +65 64275564
belinda.lim@veritas.com

1 Source: Gartner, Inc., Gartner, Inc., Market Share: Enterprise Infrastructure Software, Worldwide, 2017, May 2018

2 Source: Gartner, Inc., Magic Quadrant for Data Center Backup and Recovery Solutions, July 31, 2017

Source: Gartner, Inc., Magic Quadrant for Enterprise Information Archiving, Garth Landers, Julian Tirsu, 30     October 2017

 

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SOURCE Veritas Technologies

Webroot Global Report: Despite More Training, SMBs Feel Unprepared for Cyberattacks

BROOMFIELD, Colo., June 26, 2018 /PRNewswire/ — Webroot, the Smarter Cybersecurity® company, announced the results of a new global report – “Webroot SMB Cybersecurity Preparedness.” Webroot found that businesses in the U.S., U.K. and Australia are taking cybersecurity seriously – with almost 100 percent of respondents conducting some form of employee cybersecurity training. However, despite these efforts, 79 percent say they aren’t completely ready to manage IT security and protect against threats.

Webroot logo. (PRNewsFoto/Webroot)

In a study of 600 IT decision makers (ITDMs) at small- to medium-sized businesses (SMBs), Webroot found that the attacks organizations believed themselves to be most susceptible to in 2017 are rapidly shifting in 2018, while the estimated cost of a breach is decreasing.

View the Report: Webroot SMB Cybersecurity Preparedness

Key Global Findings:

  • Most Dangerous Threats Evolving: Phishing displaces new forms of malware globally as the No. 1 attack that ITDMs believe their organizations are most susceptible to in 2018.
    • Fear of phishing is up from No. 3 last year, with new forms of malware dropping to No. 6, behind DDoS attacks and mobile attacks.
    • Post WannaCry, ransomware also rose from the fifth most susceptible attack to third globally – and topped the charts to reach No. 1 in the U.K.
    • Five years after Edward Snowden’s story broke, businesses reported to be least susceptible to insider threats in 2018 – only 25 percent globally.
  • Top Threats Vary by Country: U.S. ITDMs think their business will be most susceptible to phishing threats (56 percent), while the U.K. fears ransomware attacks (44 percent) and Australia DNS attacks (52 percent).
    • SMBs in the U.K. are significantly less concerned about DDoS attacks (17 percent) than the U.S. (52 percent) and Australia (49 percent).
    • Australian businesses view insider threats as a bigger concern than in other regions surveyed (32 percent in Australia vs. 25 percent globally).
    • U.S. ITDMs are more concerned about new forms of malware infections (37 percent) than the UK (32 percent) or Australia (34 percent).
  • Training Isn’t Continuous: Although almost 100 percent of businesses train employees on cybersecurity best practices, that figure drops to half or a third when asked about training “continuously,” which is vital for effectiveness. This leads to the next stat, 79 percent can’t say they are “completely ready to manage IT security and protect against threats.”
    • Compared to last year, SMBs feeling “very confident” their business is “completely ready to manage IT security and protect against threats” dropped from 48 percent to 21 percent globally.
    • Businesses in the U.S. (54 percent) are more likely to offer continuous training to employees than those in the U.K. (31 percent) or Australia (32 percent).
    • U.K. businesses (26 percent) are more likely to only conduct security training after a data breach takes place compared to those in the U.S. (9 percent) or Australia (19 percent).
  • The Cost of a Breach Drops: While breaches continue to proliferate, the estimated cost of a breach may be on the decline.
    • ITDMs estimate a cyberattack in which their customer records or critical business data were lost would cost an average of:
      • $527,256 in the U.S. – a 9 percent decrease from 2017.
      • £305,357 in the U.K. – a 59 percent decrease from 2017.
      • AU$994,025 in Australia – a 48 percent decrease from 2017.

Executive Quote:
Charlie Tomeo, Vice President of Worldwide Business Sales, Webroot
“As our study shows, the rise of new attacks is leaving SMBs feeling unprepared. One of the most effective strategies to keep your company safe is with a layered cybersecurity strategy that can secure users and their devices at every stage of an attack, across every possible attack vector. And for many businesses, relying on a managed service provider (MSP) when time and expertise aren’t readily available is a crucial step to strengthen their security efforts.”

Cybersecurity Guidelines for Small to Medium-Sized Businesses:

  • Always Be Educating: With threats continuously evolving, so must employee cybersecurity training. Training during onboarding isn’t enough. Employees need ongoing training to address the latest and most dangerous attacks.
  • Don’t Forget About Mobile. BYOD is now a reality for many companies. And while everyone wants to be connected, unknown devices brought in by employees also bring in unknown risks to the network. Finding a balance between providing employees corporate access and ensuring information security requires device control policies, device-level security and mobile workforce security training.
  • Email from My Boss or My Attacker? Phishing is the top attack vector, with cybercriminals becoming sneakier than ever. Even if the sender looks familiar, be sure to check the senders email address is legitimate and don’t click unknown links in social media, email, or text. Regular phishing attack simulations maximize awareness of different phishing methods and minimize the many consequences.
  • Evaluate Your Risk Profile: Every business has different risk factors. If you don’t have the expertise, an MSP can assess your security posture and work with you to develop a plan for ongoing risk mitigation.
  • Plan for the Worst: Develop a data breach response plan that includes security experts to call and a communications response plan to notify customers, staff, and the public. Make sure you are regularly backing up your data with hard data and offline versions. Remote computer backup could be vulnerable from ransomware and other threats if not ‘air gapped.’ Research by the Better Business Bureau revealed that 50 percent of SMBs would operate at a loss within a month of a total data loss incident.

Additional Resources:

About the Webroot SMB Cybersecurity Preparedness Report
Commissioned by Webroot and issued in conjunction with Wakefield Research, the survey was conducted among 600 IT decision makers at small to medium-sized businesses with 100 to 499 employees in three countries: the U.S., U.K. and Australia, between March 15 and March 26, 2018.

About Webroot
Webroot was the first to harness the cloud and artificial intelligence to protect businesses and individuals against cyber threats. We provide the number one security solution for managed service providers and small businesses, who rely on Webroot for endpoint protection, network protection, and security awareness training. Webroot BrightCloud® Threat Intelligence Services are used by market leading companies like Cisco, F5 Networks, Citrix, Aruba, Palo Alto Networks, A10 Networks, and more. Leveraging the power of machine learning to protect millions of businesses and individuals, Webroot secures the connected world. Headquartered in Colorado, Webroot operates globally across North America, Europe, and Asia. Discover Smarter Cybersecurity® solutions at webroot.com.

Social Media: Twitter | LinkedIn YouTube | Facebook

©2018 Webroot Inc. All rights reserved. Webroot, SecureAnywhere, Webroot SecureAnywhere, Webroot BrightCloud, BrightCloud, and Smarter Cybersecurity are trademarks or registered trademarks of Webroot Inc. in the United States and other countries. All other trademarks are properties of their respective owners. 

 

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SOURCE Webroot

The Integer Group® Releases Final Installment Of Artificial Intelligence Study Series

DENVER, June 26, 2018 /PRNewswire/ — The Integer Group®, a commerce agency that lives at the Intersection of Branding and Selling® and a key member of Omnicom Group Inc., has released the fourth and final white paper in a series of research findings surrounding the impact of artificial intelligence on commerce.  Embracing The Machines: AI’s Collision with Commerce is a study of over 3,500 respondents illuminating how shoppers perceive and use AI and to what degree people will allow AI to become part of shopping in the future. The study also draws implications for what brands, retailers and marketers need to know regarding AI’s influence on the commerce landscape.

The Integer Group (PRNewsfoto/The Integer Group)

In the fourth and final installment of the study, “Part 4: The Socioeconomics of AI,” Integer examines the data in light of the varying socioeconomic factors affecting today’s shopping culture. Integer explores whether attitudes toward and adoption of AI technology differ based on socioeconomic factors including household income, education level, and region.

“We’re no longer asking if people will use AI, but rather how it affects their decisions and how much control consumers and shoppers will turn over to AI,” said Craig Elston, Global Chief Strategy Officer for The Integer Group. “When beginning to craft our study, there were more questions than answers regarding AI’s collision with commerce; as we share the final installment of our findings, we can also now reflect on our key findings.”

Part 1: “AI Today” Key Finding – today’s shopper is curious about AI and is starting to scratch the surface of AI’s capabilities, seeing the intelligence as an assistant that can help with simple tasks like playing music or creating a shopping list.

Part 2: “AI Tomorrow” Key Finding – tomorrow’s shoppers are open to allowing AI to make purchase decisions for “chore” transactions including everyday household items. However, they are not ready to relinquish power completely. Instead, they have a desire for AI to enhance its services with a value slant toward finding deals, saving time, or offering more customized suggestions tailored to specific needs.

Part 3: “AI and Retailers” Key Finding – A preferred retailer can affect desires and perceptions of AI. Tech-forward companies like Amazon and Walmart have shoppers that are more open to embracing AI for shopping, while core grocery shoppers are just behind the adoption curve.

The four-part series, Embracing The Machines: AI’s Collision with Commerce, is available for download on Shopper Culture (http://www.shopperculture.com/our-studies.html), The Integer Group’s global discussion about the impact of shopping culture on brand strategy.

For more information and media requests for our “Key Findings Deck,” visit www.integer.com/artificialintelligence.

About The Integer Group®

The Integer Group is a Disruptive Commerce Agency. We live at the Intersection of Branding and Selling® by utilizing data and culture to fuel creative ideas that build brands and drive transaction, in and out of store. We believe that in today’s world, everyone is a shopper – all the time, everywhere. So we design programs that accelerate people from living to looking to buying. A key member of Omnicom Group Inc., Integer has more than 1,100 associates in 25 offices across the globe, including locations in Africa, Asia, Australia, Europe, the Middle East, and North and South America. The Integer Group’s clients include AT&T, FedEx, Mars/Wrigley, Michelin, P&G, PepsiCo, Starbucks and more. www.integer.com

About Omnicom Group Inc.

Omnicom Group Inc. (NYSE: OMC) (www.omnicomgroup.com) is a leading global marketing and corporate communications company. Omnicom’s branded networks and numerous specialty firms provide advertising, strategic media planning and buying, digital and interactive marketing, direct and promotional marketing, public relations and other specialty communications services to over 5,000 clients in more than 100 countries.

Contact:
Kristin Connor
PR and Communications Director
The Integer Group
E: kristinconnor@integer.com

 

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SOURCE The Integer Group

Gridsum Signs Lianjia as New Client

BEIJING, June 26, 2018 /PRNewswire/ — Gridsum Holding Inc. (“Gridsum” or the “Company”) (NASDAQ: GSUM), a leading provider of cloud-based big-data analytics and artificial intelligence (“AI”) solutions in China, today announced it has signed Lianjia, an online platform for real estate transactions headquartered in Beijing, as a new client. Lianjai will adopt Gridsum’s Marketing Automation suite for its open-listing platforms, Lianjia.com and Ke.com.

Lianjia recently launched Ke.com, a mobile application for property listings that includes virtual reality property tours. Lianjia will leverage Gridsum’s Marketing Automation suite to increase the platform’s visibility by optimizing advertisement placements on Baidu’s news feed, and to enhance the conversion rate of its listing platform.

Mr. Guosheng Qi, Chief Executive Officer of Gridsum, commented, “With the rapid growth in mobile marketing, more companies have begun to focus on news feed advertising and consider it to be one of the key focal areas of content marketing. Combining our AI-driven Marketing Automation suite features which include our intelligent, multi-platform bid-optimization solution and our extensive expertise in news feed marketing, we are able to help Lianjia increase the number of application downloads and the conversion rate. Currently, Gridsum’s news feed advertising optimization solution has covered a wide range of popular media, including Baidu’s news feed, Jinri Toutiao, Tencent’s Wide Click-through, WeChat Moments, and Tik Tok. We are dedicated to helping more companies like Lianjia improve news feed marketing strategies and make data-driven decisions to maximize their returns.”

About Gridsum 

Gridsum Holding Inc. (NASDAQ: GSUM) is a leading provider of cloud-based big-data analytics and AI solutions for multinational and domestic enterprises and government agencies in China. Gridsum’s core technology, the Gridsum Big Data Platform, is built on a distributed computing framework and performs real-time multi-dimensional correlation analysis of both structured and unstructured data. This enables Gridsum’s customers to identify complex relationships within their data and gain new insights that help them make better business decisions. The Company is named “Gridsum” to symbolize the combination of distributed computing (Grid) and analytics (sum). As a digital intelligence pioneer, the Company’s mission is to help enterprises and government organizations in China use data in new and powerful ways to make better informed decisions and be more productive.

Safe Harbor Statement

This announcement contains forward-looking statements. These forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as “may,” “will,” “expects,” and similar statements. Among other things, quotations from management in this announcement as well as Gridsum’s strategic and operational plans contain forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Many factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: unexpected difficulties in Gridsum’s pursuit of its goals and strategies; the unexpected developments, including slow growth, in the digital intelligence market; unexpected difficulties and potential delays in filing annual or other reports with the SEC; PRC governmental policies relating to media, software, big data, the internet, internet content providers and online advertising; and general economic and business conditions in the regions where Gridsum provides solutions and services. All information provided in this press release is as of the date of this press release, and Gridsum undertakes no duty to update such information except as required under applicable law.

For more information, please visit http://www.gridsum.com/.

Investor Relations

Gridsum 
ir@gridsum.com

Christensen
In China 
Mr. Christian Arnell 
Phone: +86-10-5900-1548 
Email: carnell@christensenir.com 

In U.S. 
Mr. Tip Fleming 
Phone: +1 917 412 3333 
Email: tfleming@christensenir.com

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SOURCE Gridsum Holding Inc.