TEL AVIV, Israel, July 25, 2017 /PRNewswire/ —

Today Nexar, provider of a free safety AI dashcam app and the world’s first vehicle-to-vehicle (V2V) communication network, is announcing the first driving safety application leveraging the Qualcomm® Snapdragon™ Neural Processing Engine (NPE) SDK. The Nexar app will now be able to provide advanced driver-assistance systems (ADAS), including unprecedented real-time forward-collision warnings and other life-saving features, to hundreds of millions of vehicles whose drivers own Android phones or have Android-based in-vehicle systems.

Until now, Android devices were incapable of running AI processes internally, efficiently, and in real-time, making them unsuitable for driver assistance. Thanks to the Snapdragon NPE SDK, Nexar now can efficiently run its AI processes directly on users’ endpoint devices, which are powered by premium tier Snapdragon Mobile Platforms, and analyze a driving scenario 15 times per second. This allows Nexar to bring the company’s full range of safety services, that have already helped lead to a 24% reduction in car collisions within its network, to all drivers.

The Snapdragon NPE SDK is designed to allow deep learning and AI to be executed directly on the CPU, GPU and DSP of Snapdragon 800 and 600 tier Android mobile devices, instead of on the cloud, bringing the revolution of AI to edge devices, and providing a wealth of new opportunities for software developers in the automotive space.

“The Snapdragon NPE SDK unlocks critical computing power with exceptional battery efficiency, opening the door to mission-critical AI automotive applications on the Snapdragon mobile platform,” said Bruno Fernandez-Ruiz, Co-Founder and CTO of Nexar. “With this newfound ability to run AI efficiently on Android phones, we are one step closer to making safety a commodity available in all cars, both old and new, and ridding the world of car collisions.”

“The Snapdragon NPE SDK is designed to support a broad range of high-performance AI-based applications to run efficiently on mobile and edge devices powered by Snapdragon,” said Gary Brotman, Director of Product Management, Qualcomm Technologies, Inc. “Nexar’s application of our technology to provide road safety functionalities is a great example of how developers can easily integrate AI into their mobile products to tackle real-world problems at scale.”

About Nexar 

Nexar connects cars in the world’s largest open vehicle-to-vehicle network. Leveraging connected smartphones and car cameras and sensors, Nexar provides real-time alerts to prevent vehicle, cyclist and pedestrian collisions. Leveraging millions of car-sourced road miles jointed with sensor-fusion, deep-learning, map-layering and artificial intelligence driving-cognition technologies Nexar provides a series of data products and services for the Automotive, Insurance and Mapping industries.  

Qualcomm and Snapdragon are trademarks of Qualcomm Incorporated, registered in the United States and other countries.

Qualcomm Snapdragon is a product of Qualcomm Technologies, Inc.

Contact
Leora Katz
[email protected]
+1-917-724-2650

SOURCE Nexar

~Over 100 schools in Fulton County School System will install an Avigilon surveillance system with Avigilon Appearance Search technology to enhance student safety~

VANCOUVER, CANADA, July 25, 2017 /PRNewswire/ – Avigilon Corporation ("Avigilon") (TSX: AVO), provider of trusted security solutions, today announced it has been selected by Fulton County School System ("Fulton"), in Atlanta, Georgia, United States, to enhance safety for over 100 schools.

Figure 1. Fulton County Schools install Avigilon security solutions, including Appearance Search technology. (CNW Group/Avigilon Corporation)

Fulton is the fourth largest school district in Georgia. Its mission is to provide a safe and secure environment for its over 96,000 students and more than 12,000 full-time employees. To help enhance safety, Fulton has installed a full Avigilon surveillance solution that includes Avigilon cameras with self-learning video analytics, Avigilon network video recorders, and Avigilon Control Center (ACC) video management software with Avigilon Appearance Search technology. Fulton is also deploying Avigilon Access Control Manager to secure physical access points, providing an integrated security solution for the district.

Avigilon Appearance Search video analytics technology uses a sophisticated deep learning artificial intelligence (AI) search engine to sort through hours of footage with ease. This technology allows Fulton's operators to click on a button and search for all instances of a person or vehicle across all cameras on a site, quickly and efficiently. This can save Fulton time and effort during critical investigations as Avigilon Appearance Search technology intelligently analyzes video data, helping to track a person's or vehicle's route and identify previous and last-known locations.

"At Fulton County Schools the safety of our staff and students is paramount," said Paul Hildreth, Emergency Operations, Safety and Security for Fulton. "We chose Avigilon because of the capabilities it offers in its advanced video analytics search technologies, including Avigilon Appearance Search. Their analytics are easy to set up and use, and can save us valuable time and effort, ultimately making our schools a safer place for generations to come."

"We designed our artificial intelligence-driven Avigilon Appearance Search technology to change the way people interact with their video surveillance systems," said James Henderson, Avigilon's Chief Operating Officer. "The Avigilon solution at Fulton County Schools is a great example of how our technology can provide quick and powerful insights to help keep schools safe."

To learn more about Avigilon's solutions in educational facilities, please visit the following link: http://avigilon.com/case-studies/#education.

For more information on product availability, please contact: http://avigilon.com/contact-sales.

About Avigilon
Avigilon Corporation provides trusted security solutions to the global market. Avigilon designs, develops, and manufactures video analytics, network video management software and hardware, surveillance cameras, and access control solutions. To learn more about Avigilon, visit avigilon.com.

About Fulton County School System
The Fulton County School System is the fourth largest school system in Georgia. Approximately 96,500 students attend 105 schools in the cities of Alpharetta, Chattahoochee Hills, College Park, East Point, Fairburn, Hapeville, Johns Creek, Milton, Mountain Park, Palmetto, Roswell, Sandy Springs, South Fulton and Union City.

© 2017, Avigilon Corporation. All rights reserved. AVIGILON, the AVIGILON logo, AVIGILON APPEARANCE SEARCH, AVIGILON CONTROL CENTER, ACC, ACCESS CONTROL MANAGER, and TRUSTED SECURITY SOLUTIONS are trademarks of Avigilon Corporation. Other names or logos mentioned herein may be the trademarks of their respective owners.

For further information: 

Investor Enquiries:
 
Avigilon Investor Relations 
T: (604) 629-5182 
[email protected]

Media Enquiries: 
Amy Day
Manager, Global Communications
T: (604) 629-5182 x2625
[email protected]

Forward-Looking Statements 
Certain information and statements in this news release contain and constitute forward-looking information or forward-looking statements as defined under applicable securities laws (collectively, "forward-looking statements"). Forward-looking statements normally contain words like 'believe', 'expect', 'anticipate', 'plan', 'intend', 'continue', 'estimate', 'may', 'will', 'should', 'ongoing' and similar expressions, and within this news release include any statements (express or implied) respecting Fulton's deployment of Avigilon security solutions and the continued functionality and suitability of Avigilon's products.

Forward-looking statements are not guarantees of future performance, actions, or developments and are based on expectations, assumptions, and other factors that management currently believes are relevant, reasonable, and appropriate in the circumstances, including, without limitation, assumptions that Avigilon's products will function as intended, will be free of unexpected defects, and will continue to suit Fulton's security needs.

Although management believes that the forward-looking statements are reasonable, actual results could be substantially different due to the risks and uncertainties associated with and inherent to Avigilon's business, as more particularly described in the "Risk Factors" section of Avigilon's Annual Information Form dated February 28, 2017, which is available under Avigilon's profile on SEDAR at www.sedar.com. Material risks and uncertainties applicable to the forward-looking statements set out herein include, but are not limited to, unforeseen events, developments or factors causing any of the aforesaid expectations, assumptions, and other factors ultimately being inaccurate or irrelevant. Although Avigilon has attempted to identify factors that may cause actual actions, events or results to differ materially from those disclosed in the forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, predicted, estimated or intended. Also, many of the factors are beyond the control of Avigilon. Accordingly, readers should not place undue reliance on forward-looking statements.

Avigilon undertakes no obligation to reissue or update any forward-looking statements as a result of new information or events after the date hereof except as may be required by law. All forward-looking statements contained in this news release are qualified by this cautionary statement.

SOURCE Avigilon Corporation

SHERMAN OAKS, Calif., July 25, 2017 /PRNewswire/ — Cognitive Code Corporation, creators of the SILVIA Intelligence Platform, is offering a highly secure solution for developing conversationally intelligent applications for toys, Internet of Things (IoT), and other connected devices.

The FBI recently released a warning to parents about the risks of using the Internet with connected toys (link).  Specifically, the FBI is concerned about the amount of personal information that could be “unwittingly disclosed” during normal use of the toy.

Explaining a potential exploit, the FBI writes “Toys with microphones could record and collect conversations within earshot of the device. Information such as the child’s name, school, likes and dislikes, and activities may be disclosed through normal conversation with the toy or in the surrounding environment. The collection of a child’s personal information combined with a toy’s ability to connect to the internet or other devices raises concerns for privacy and physical safety.”

The FBI’s warning is not without merit. A previous breach of Vtech’s data involved the theft of personal information from millions of children, highlighting how digital products connected to the internet often have insufficient security measures to protect users’ private information. This is an ominous problem for a burgeoning industry, as research from Cisco indicates the number of connected devices will approach 50 billion units over the next five years.   

Cognitive Code is a technology company specializing in Conversational Artificial Intelligence similar to SIRI, Alexa, and IBM Watson. But with the SILVIA Intelligence Platform, Cognitive Code offers security features that heavily encrypt and lock private data to the device.  While virtually every other conversational intelligence system requires interactions to be processed over the cloud, Cognitive Code’s SILVIA technology operates natively on mobile devices, without the need of an internet connection.

According to Leslie Spring, Founder and CEO at Cognitive Code, “Other systems take your voice input and then send it up to the internet where servers process the data and send back the reply. SILVIA handles all user interactions on the device, and it never sends voice data to the cloud. If the application does need to connect to the internet, it only sends the interpreted intent of the user.”

Cognitive Code’s SILVIA intelligence technology is a cross-platform system for developing and deploying conversationally intelligent applications. Unlike other voice solutions, SILVIA can be deployed in compact and secure environments. With an extremely small footprint and minimal processing requirements, SILVIA can even be embedded at the silicon level. The SILVIA Platform allows for the rapid and easy development of conversational applications without the use of markup languages or programming.

Cognitive Code is presently in closed beta testing of its new development tool, SILVIA Studio, and is targeting the release of their free version of the softeare later this Summer. Interested parties may sign-up for the beta program by visiting:  www.silvia.ai

About Cognitive Code
Cognitive Code Corporation is a privately-held company specializing in conversational artificial intelligence systems based on their proprietary patented SILVIA technologies. More information about Cognitive Code and the SILVIA Platform is available at http://www.cognitivecode.com.

Cognitive Code was named by Gartner as A Cool Vendor in Artificial Intelligence for Conversational Platforms, 2017

Media Contact: Mimi Chen
Cognitive Code, Inc.
855.521.0894 #3
[email protected]

View original content with multimedia:http://www.prnewswire.com/news-releases/silvia-platform-by-cognitive-code-offers-secure-conversational-solutions-for-connected-devices-and-toys-300493549.html

SOURCE Cognitive Code

CAMBRIDGE, Mass., July 25, 2017 /PRNewswire/ — HubSpot, a leading inbound marketing and sales platform, announced today that it has acquired Kemvi, an artificial intelligence (AI) and machine learning startup that helps sales reps deepen their relationships with prospective buyers. The company’s proprietary algorithm, DeepGraph, sifts through millions of pieces of content each day to learn what’s happening with buyers and prospects and delivers that information to sales reps. The technology will be incorporated into HubSpot CRM, giving salespeople even more tools to carry out more contextual, empathetic outreach to their contacts.

HubSpot, Inc. logo -  www.hubspot.com . (PRNewsFoto/HubSpot, Inc.)

Gartner predicts that by the year 2020, 30 percent of companies will employ AI to augment at least one of their primary sales processes. Savvy businesses are already incorporating AI into their daily routines, and sales teams that don’t embrace this technology risk being left behind. AI technologies enable salespeople to automate manual processes like researching their prospective buyers and crafting personalized emails, giving reps valuable time back to focus on closing the deal with their customer.

“Today’s consumers expect a personalized experience throughout the buying process, meaning that the modern salesperson needs to spend valuable time conducting research and tailoring each interaction with that buyer. AI optimizes that process, saving time for the salesperson and delivering a world-class experience for the consumer,” said Brian Halligan, co-founder and CEO of HubSpot. “Kemvi’s DeepGraph technology gives salespeople that added boost to better connect with their prospects and close the deal without getting bogged down in time-consuming tasks. We’re excited to bring this technology into the HubSpot ecosystem, and look forward to working with the Kemvi team to build even more tools to empower the modern salesperson.”

DeepGraph uses machine learning technology to help salespeople better understand their prospective buyers. The system identifies new prospects, provides suggestions for creating personalized emails, identifies new market segments, freeing up time that can be spent on more valuable sales tasks. DeepGraph also acts as a knowledge graph with information about buyers, markets, and products, helping salespeople understand the nuances of their customers’ behavior.

“The B2B transaction ecosystem is on the cusp of a complete transformation, and we believe that HubSpot has the right vision and positioning to lead that change,” said Vedant Misra, Founder and CEO of Kemvi. “We’re thrilled to be joining the team at HubSpot and look forward to continuing our work at the intersection of machine learning, language, and sales.”

To learn more about HubSpot’s work in the AI space, please visit https://www.hubspot.com/artificial-intelligence.

About HubSpot
HubSpot (NYSE: HUBS) is a leading inbound marketing and sales growth stack. Since 2006, HubSpot has been on a mission to make the world more inbound. Today, over 31,000 customers in more than 90 countries use HubSpot’s award-winning software, services, and support to transform the way they attract, engage, and delight customers. HubSpot Marketing includes social media publishing and monitoring, blogging, SEO, website content management, email marketing, marketing automation, and reporting and analytics. HubSpot Sales enables sales and service teams to have more effective conversations with leads, prospects, and customers. HubSpot CRM helps sales teams organize, track, and grow their pipeline. All three platforms integrate right out of the box and are available for free to start. HubSpot has been named a top place to work by Glassdoor, Fortune, The Boston Globe, and The Boston Business Journal.

The company is headquartered in Cambridge, MA with offices in Dublin, Ireland (EMEA HQ); Singapore; Sydney, Australia; Tokyo, Japan; Berlin, Germany; and Portsmouth, NH.

About Kemvi
Kemvi is a venture-backed machine intelligence company building DeepGraph, a patent-pending engine that helps B2B companies generate pipeline. DeepGraph uses novel learning algorithms to extract information from language, and combines that knowledge with internal sales and marketing data to model and forecast the behavior of buyers. DeepGraph aims to bring humanity’s collective intelligence to demand generation, making it possible for business leaders to discover deep insights they can’t find anywhere else. Kemvi’s founding team is from Columbia and MIT and has worked on machine learning problems for the Dept of Defense, the intelligence community, and the SEC.

View original content with multimedia:http://www.prnewswire.com/news-releases/hubspot-acquires-kemvi-to-bring-machine-learning-to-sales-and-marketing-300493418.html

SOURCE HubSpot

MONTREAL, July 25, 2017 /PRNewswire/ – Delve Labs – the industry leader in Smart Vulnerability Assessment software (Smart VA) – today announced that Mark Hatton has joined Delve Lab's board of directors. Hatton currently serves as senior advisor of Providence Strategic Growth, and has over 25 years of experience in building and leading successful technology companies in highly competitive markets.

Logo: Delve Labs (CNW Group/Delve Labs inc.)

Hatton was CEO of Core Security through its successful exit to K1 Capital. Previously, he was president of North America for Sophos. During his time at Sophos, he helped build the company to become one of the largest private security companies in the market. As an advisor to the board, Hatton will provide strategic guidance to the executive team and the board relating to the overall growth as well as capital needs of the company.

"Mark is a true leader in the cybersecurity field, and we are excited to have him join Delve Lab's board of directors," said Gabriel Tremblay, CEO of Delve Labs. "We look forward to working with him and learning from his wide-range of expertise to help take Delve Labs and the Warden solution to the next level."

"Today's companies need smart solutions to help protect against the many threats that security vulnerabilities pose," said Hatton. "I believe Warden does just that, and I am excited to be working with the Delve Labs team on getting the product further integrated into the marketplace."

Mark received a Bachelor of Arts from Westfield State University. He also holds a Master of Business Administration from Boston University.

Founded in 2013, the Delve Labs team is responsible for the creation of Warden, the first AI-Driven vulnerability assessment solution (Smart VA). Recent advances in the field of Artificial Intelligence are at the heart of Warden's ability to work continuously without human intervention. This driverless approach provides organizations with a new level of efficiency in protecting their assets and globally enhance their security posture.

For more information, or to try Warden for free, please visit: https://www.delve-labs.com.  

 

SOURCE Delve Labs inc.

HERZLIYA, Israel, July 25, 2017 /PRNewswire/ — iguazio, a global pioneer in real-time edge analytics, announced today a Series B investment of $33 million led by Pitango Venture Capital, with additional funds from Verizon Ventures, Robert Bosch Venture Capital GmbH (RBVC), CME Ventures and the company’s existing investors, Magma Venture Partners, Jerusalem Venture Partners and Dell Technologies Capital.

iguazio accelerates the digital transformation of enterprise companies and simplifies real-time analytics at the edge, on-premises and in hybrid environments, complementing the offering of leading cloud providers. This new financing brings the company’s total investment to $48 million.

“iguazio’s team has an outstanding track record of innovation and execution and we are delighted to back these stellar managers once again,” said Eyal Niv, Managing General Partner at Pitango. “While the majority of big data deployments fail due to over complexity, iguazio’s platform has proven to be simple, fast and secure, making it exceptional for artificial intelligence and machine learning use cases. We’ve already received overwhelming feedback from beta customers generating actionable real-time insights with significant business impact.”

“As one of the largest telecom companies in the world, we witness the importance of real-time continuous analytics and the way it has become crucial across businesses. Yet, there are not many existing scalable solutions,” said Merav Rotem-Naaman, Managing Director at Verizon Ventures Israel. “iguazio is aiming to become a trusted partner for companies looking to use data to make real-time business decisions that improve security and operations. IoT data that improves decision-making and transforms business must get analyzed closer to the edge, whether it be a fleet of trucks or the monetization of mobile usage.”   

Founded in 2014, the iguazio Continuous Analytics Data Platform has fundamentally redesigned the entire data stack to accelerate performance in big data, the Internet of Things (IoT) and cloud-native applications. iguazio will use this new round to fund the company’s rapid global expansion.

Ingo Ramesohl, RBVC Technology Managing Director, commented, “Automotive and industrial companies require real-time analytics closer to the edge.” He added, “iguazio’s platform is the missing link between on-prem servers and leading cloud providers, processing new data alongside historical data in real-time and effectively complementing existing cloud solutions. It provides a distributed cloud near the edge for the greater simplicity, performance, security and agility required by next generation applications.”

“Data management in financial services companies is going through tectonic shifts due to digital transformation,” said Rumi Morales, Executive Director of CME Ventures, the investment arm of CME Group. “iguazio’s ability to effectively run machine learning simultaneously on large amounts of streaming and historical data is a great asset and we’re proud to be working together with this exceptional management team.”

“We are extremely grateful to have outstanding support from our new investors – Pitango, Verizon, Bosch, CME – and from our existing investors,” concluded iguazio’s CEO Asaf Somekh. “Verizon Ventures, RBVC and CME Ventures are a clear representation of iguazio’s target markets. This is an acknowledgment of the strategic value we bring to their industries and an affirmation of iguazio’s strength and growth moving forward, as our customers continue to leap ahead, embracing the digital transformation.”

iguazio was recently recognized as one of Gartner’s Cool Vendors in Data Management for 2017. Early deployment customers include large-scale automotive and media companies, financial institutions and consumer IoT deployments.

About iguazio
iguazio was founded in 2014 with a fresh approach to the data management challenges faced by today’s enterprises. The iguazio Continuous Analytics Data Platform has fundamentally redesigned the entire data stack to bridge the enterprise skill gap and accelerate performance of real-time and analytics processing in big data, the Internet of Things (IoT) and cloud-native applications. iguazio provides a single, secure, high-performance source of data. It enables the digital transformation of enterprise companies and simplifies real-time analytics at the edge, on-premises and in hybrid environments, complementing the offering of leading cloud providers.

The company is led by serial entrepreneurs and a diverse team of seasoned global innovators. To learn more about iguazio, visit www.iguazio.com or follow @iguazio.

 

iguazio's Founding Team (left to right): VP of Product Yaron Segev, CTO Yaron Haviv and CEO Asaf Somekh

View original content with multimedia:http://www.prnewswire.com/news-releases/iguazio-leader-in-real-time-analytics-and-edge-data-platforms-raises-33m-in-series-b-funds-300493050.html

SOURCE iguazio

NEW YORK, July 25, 2017 /PRNewswire-iReach/ — Law Street Media, the innovative New York– and DC-based digital-media company for millennials, today announced a new artificial-intelligence partnership with UK startup Bibblio that brings additional value to Law Street’s growing user base interested in law and policy. The two companies will collaborate to implement Bibblio’s proprietary semantic-enrichment and content-recommendation software on the Law Street platform.

The partnership emphasizes the commitment of both companies to helping users find the most authoritative coverage of important topics.

Law Street’s Founder and CEO John A. Jenkins explained: “We’re creating new models for how the born-digital generation creates, receives, and consumes information. From the start, we’ve been mobile, millennial, and open; emphasizing important coverage, not click bait. And our users have demonstrated their trust in our news, explainers, and videos. But stories build and evolve over time. When a user comes to our site, we want them not only to have the latest news, but also the context of our prior coverage. That’s why a recommendation engine like Bibblio, which can get smarter over time and holds the potential for us to offer an individualized experience for each of our millions of users, is so important. As we move more deeply into AI and machine learning, Bibblio will be a valued partner.”

Law Street, which began in late 2013 as a free, mobile resource for millennials interested in topical coverage of law and policy, was founded on the principle that content can be authoritative and engaging. With Bibblio’s state-of-the-art machine-learning algorithms, Law Street’s users will see recommendations for related stories that are highly relevant to their interests. Personalization will become increasingly targeted as a user engages with the platform, resulting in lower bounce rates and churn, and higher user satisfaction and engagement.

Law Street serves users in the favorable millennial demographic on its web platform, through email newsletters, and on social media. It continues to expand into other areas of interest to its millennial audience. The company, which also distributes a subscription service to academic libraries and a news feed to law students, already uses an artificial-intelligence tool to create news videos in real time. Jenkins said sharpening the recommendation experience with Bibblio represented the next logical step for Law Street as its emphasis on multimedia content and machine learning continues to grow.

Explained Jenkins: “We both realized we were seeing this the same way, but just from different sides. Law Street emphasizing the quality of our content, and Bibblio making sure that everyone can find it.”

Bibblio CEO Mads Holmen said: “What we love about Law Street is that they are a high-end publisher that understands the fundamental value of content, and how the whole dynamic of digital publishing is changing. They obsess about user retention. They know how important it is for their users to discover and consume relevant content from the thousands of multimedia items on their site. And Bibblio optimizes for that. That’s why we are delighted to be partnering with Law Street.”

About Law Street Media Law Street Media (LawStreetMedia.com) is a free web-based platform covering law and public policy. It was founded as a way to provide a single essential resource to law students and young professionals in the rapidly evolving legal industry. Read the press release about Law Street’s launch here, and see the Publishers Weekly story about the company here. Law Street’s Founder and CEO is journalist and author John A. Jenkins, formerly President and Publisher of CQ Press. Read more about John and the rest of the Law Street team here. Law Street Media now serves millions of online visitors, locates its editorial office in Washington D.C., and has business operations in New York City. Early in 2016, Law Street brought aboard numerous investors from the publishing industry. Law Street’s chairman, Ken Michaels, is the CEO of Macmillan Learning.

For more information about Law Street Media, visit LawStreetMedia.com and follow us on Facebook, Twitter, and LinkedIn.

About Bibblio Bibblio (Bibblio.org) provides a plug-and-play content-recommendation toolkit that helps publishers increase engagement and user satisfaction. The platform is powered by natural-language processing and machine learning, recirculating content from a provider’s own catalog so users find exactly what they need, when they need it. Bibblio’s founder and CEO is Mads Holmen, formerly with goviral, a company that sold to AOL for $96.7 million in 2011. Read more about Mads and the rest of the Bibblio team here. Bibblio makes the web a better place for both publishers and users, and already helps millions discover better content every month. Early in 2017, Bibblio raised $1.5 million in seed funding led by 01 Ventures and Emerge Education, a London accelerator and fund dedicated to improving educational outcomes globally.

For more information about Bibblio, visit Bibblio.org and follow them on Facebook, Twitter, and LinkedIn.

Contacts:

Robert Clauser, 917-382-8223; [email protected]  

John A. Jenkins, 202-276-7649; [email protected]

Denny Klause, 316-393-3815; [email protected]

Offices:

401 Park Avenue South, 10th Floor, New York, N.Y. 10016

1875 Connecticut Avenue NW, 12th Floor, Washington. D.C. 20009

Media Contact: Denny Klause, Law Street Media, 3163933815, [email protected]

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE Law Street Media

LONDON, July 25, 2017 /PRNewswire/ — Robotic process automation (RPA) is a family of technologies designed to replicate human actions in order to complete or task or a series of tasks. Unlike traditional programming constructs, RPA is designed to allow everyday workers to quickly deploy virtual counterparts to learn from and mimic the actions they use to accomplish routine tasks, therefore freeing the worker to handle more complex, and in some cases, more fulfilling work activities. RPA is based on the premise that operational employees should be able to set up, launch, and administer virtual workers, rather than relying on their IT department to implement complex middleware, which can take weeks or months of testing, not to mention the attention of valuable IT workers away from enterprise-wide initiatives and concerns.

Download the full report: https://www.reportbuyer.com/product/5018240/

New use cases for RPA are being implemented at companies around the world, focused on both back-end processes, such as accounting, billing management,
customer onboarding, and validating data, as well as customer-facing, or front-end processes, such as automated customer service management or contract initiation and management. The latter group is increasingly being fueled by the incorporation of artificial intelligence (AI) technologies, such as machine learning, deep learning, and other technology designed to automatically capture, input, and classify unstructured data, then route it to the appropriate enterprise application. These AI-enabled approaches are known collectively as cognitive RPA.

This Tractica report provides an in-depth analysis of the robotic process automation market, including traditional approaches as well as newer cognitive RPA approaches that utilize AI capabilities. The report examines key use cases for RPA, market drivers and barriers, business models, technology issues, and the competitive landscape of companies engaged in the sector. Detailed revenue forecasts are provided for 26 individual use cases, including segmentation by industry and world region.

Key Market Forecasts
– Robotic Process Automation Revenue by Region, World Markets: 2016-2025
– Robotic Process Automation Revenue by Use Case, World Markets: 2016-2025
– Robotic Process Automation Revenue by Industry, World Markets: 2016-2025
– Robotic Process Automation Revenue by Type, World Markets: 2016-2025
– Cognitive RPA Revenue by Use Case and Region, World Markets: 2016-2025
– Non-Cognitive RPA Revenue by Use Case and Region, World Markets: 2016-2025

Use Cases
– Automated Data Validation
– KYC and Compliance Due Diligence
– Claims Processing and Adjustment
– Order and Invoice Processing
– Consolidating Account Information
– IT and Software Updates and Management
– Accounts Payable and Accounts Receivable Management
– Contract Initiation, Review, and Management
– Account Reconciliation
– Legacy System Integration
– Updating Inventory Lists
– Customer Onboarding and Account Management
– Help Desk Inquiries
– Others

Industries
– Financial Services and Banking
– Utilities & Telecom
– Retail & Commercial
– Healthcare & Insurance
– Other

Geographies
North America
Europe
Asia Pacific
Latin America
Download the full report: https://www.reportbuyer.com/product/5018240/

About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers
http://www.reportbuyer.com
 
For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: [email protected]
Tel: +44 208 816 85 48
Website: www.reportbuyer.com

View original content:http://www.prnewswire.com/news-releases/robotic-process-automation-front-end-and-back-end-business-processes-for-financial-services–banking-utilities–telecom-retail–commercial-healthcare–insurance-and-other-industries-market-analysis-and-forecasts-300494031.html

SOURCE ReportBuyer

SAN DIEGO, Calif., July 25, 2017 /PRNewswire/ — EvoNexus, the non-profit Southern California technology incubator and hub, has added 16 companies to its portfolio of promising startups. Among other benefits, the startups will benefit from Class A office and lab space in San Diego and Irvine provided by The Irvine Company, California’s leading real estate developer.

EvoNexus specializes in helping young companies take their product or prototype to market and then scale up. Typically, the incubator accepts about 1 in 10 applicants. Since its inception in 2009, EvoNexus has helped 179 companies.

“EvoNexus is like an elite university for companies,” says EvoNexus Chief Technologist Chuck Pateros, Ph.D. “Coming from ViaSat, where I was a new grad at a startup for 24 years, I am proud to welcome my first class of companies that will become the next generation of technology and economic leaders in Southern California.

“I especially want to thank the incredible mentors, many of whom are executives and leaders from public technology and life science corporations, that freely give of their time to prepare these great companies to face the world.”

The Incoming Class of EvoNexus Startups:

San Diego

Accel Robotics: Accel Robotics has developed a 360-degree visual intelligence that enables robots to see and interact with humans while gathering behavioral data. Accel’s first target is the retail market; its OMNIO service works as an AI-enabled shopping assistant helping both customers and associates.

CB Therapeutics: CB Therapeutics has developed patent-pending technology for the biosynthesis of cannabinoids and other therapeutic molecules using yeast.

DoWhop: DoWhop is a peer-to-peer marketplace for shared experiences. Discover ongoing opportunities, or sell your own activities: book online, meet up in person, “DoWhop” you love!

Elevada: Elevada’s Curator platform provides self-service data preparation tools that collect, clean and transform data from various file types, formats and data sources, helping Big Data & Business Analytics customers avoid expensive and time-consuming IT intervention, project staffing and related delays.

GigaIO Networks: GigaIO enables the data center applications of tomorrow by solving today’s top data center problem: slow interconnect performance.

Go Ghost: Go Ghost is a software company developing innovative new ways to support the Visual Effects, Animation, and Virtual Reality industries. Go Ghost has developed a flagship technology and a new image format that saves money on overhead and reduces iteration, need for storage space, processing time, and wait time for artists.

MiP.O.V.: MiP.O.V. is a social video company that is unlocking the visual potential of social media. MIP.O.V. enables seamless connectivity to mobile, captures only moments worth saving and shares footage to all of your favorite social sites, while tracking your impact from one location.

MG Therapies: MG Therapies’ MGrx device delivers cost-effective relief to the 45 million dry eye syndrome patients in the U.S. and Europe at a quarter of the cost of the market incumbent.

Obsidian: Obsidian has developed a glass microelectromechanical system (MEMS) thermal sensor technology that is vastly cheaper to manufacture than incumbent silicon MEMS-based sensors. Obsidian sensors will enable the next generation of low cost infrared imaging for applications like security cameras and autonomous vehicles.

Sourcify: Sourcify connects companies with the world’s top manufacturers from their vetted sourcing pool, providing a suite of tools that helps streamline client-manufacturer relationships.

Tunnel Vision: Tunnel Vision provides virtual reality software, hardware and 360-degree video content to indoor skydiving sites globally, allowing customers to virtually skydive or fly anywhere in the world.

Uprise Energy: Uprise Energy has designed, engineered, built and tested the world’s first and only portable wind turbine. It can be delivered easily to any remote site, set up by one person in one hour, and produce enough electricity in low wind speeds to support 100 villagers.

Irvine

BlockBuyer: The BlockBuyer portal allows non-accredited investors (those with a net worth of less than $1 million, or 93% of the U.S. population) to buy a percentage ownership in residential properties via crowdfunding. BlockBuyer’s trusted Do-It-For-Me, software-as-a-service (SaaS) platform dramatically reduces risk for investors with a minimal amount of capital, effort, and time.

Syntiant: Syntiant uses ultra-low-power semiconductors to move machine learning from the cloud to the edge device, enabling artificial intelligence for sensor, voice and video applications in almost any battery-powered product. The company has put its technology to work developing more intelligent hearing aids. 

ThinkIQ: ThinkIQ has developed a software platform that takes advantage of the emergence of the industrial internet of things (IIoT), big data, data analytics, and cloud computing to deduce, in a non-invasive, operationally efficient, and cost-effective way across the entire manufacturing supply chain, exactly how products are made.

Move2Play: The more you move, the more fun you have! Move2Play creates toys based on this simple philosophy and has developed a hardware platform that facilitates new play patterns by deciphering unique user movement.  

About EvoNexus:
EvoNexus is the leading tech incubator in Southern California. Under its pro-bono model, EvoNexus startups receive mentorship, access to capital and space in a collaborative working environment, without giving up equity or fees. EvoNexus is supported by corporate investors, including some of the largest multinational corporations in the world, such as Qualcomm and ViaSat. In just over seven years, EvoNexus portfolio companies have raised over $1.2 billion in funding and outcomes and 18 startups have been acquired.

For more information, visit http://www.evonexus.org
Media Contact:
Beth Henneberg
[email protected]

 

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SOURCE EvoNexus

Data Insight 6.0 and Enterprise Vault 12.2 are first Veritas solutions to support classification engine

MOUNTAIN VIEW, Calif., July 25, 2017 /PRNewswire/ — Veritas Technologies, a leader in multi-cloud data management, today unveiled the Integrated Classification Engine, a new technology that delivers powerful intelligence into data risks on-premises and in the cloud. 

Organizations today struggle with gaining visibility and insight into their fastest growing data—unstructured data. This type of data — including emails, documents and image files — expose organizations to potentially harmful security vulnerabilities and unintended personally identifiable information (PII) leaks. This problem is expected to intensify as enterprise data growth has accelerated to a rate of 49 percent year-over-year, according to the 2017 Veritas Data Genomics Index.1

The Integrated Classification Engine enables organizations to quickly scan and tag data to ensure that sensitive or risky information is properly managed and protected. This innovative technology provides broad visibility into PII and helps companies meet compliance regulations that require discrete retention policies be implemented and enforced across the organization’s entire data estate—regardless of where that data lives.

This new technology is available now in Veritas Data Insight 6.0 and will be available with Veritas Enterprise Vault 12.2 in August. Future integrations are planned across the Veritas data protection, storage and governance portfolio.

Classification technology helps organizations achieve GDPR and global regulatory compliance

The Integrated Classification Engine has capabilities that help organizations achieve compliance with strict data protection requirements worldwide, like the European Union’s forthcoming General Data Protection Regulation (GDPR). Specifically, the Integrated Classification Engine can locate where PII exists across an organization’s data landscape and drive actions that help enterprises appropriately retain and delete this data, both critical and challenging aspects of the GDPR. According to findings from the first phase of the The Veritas 2017 GDPR Report, nearly 40 percent of respondents are worried their organization cannot accurately identify or locate data in a short time frame, a mandate of GDPR. Click here to read about phase two findings, released today, from the Veritas 2017 GDPR Report.

Simple-to-use and easy-to-deploy, the Integrated Classification Engine includes more than 100 pre-configured patterns for recognition of credit card and social security numbers, medical records and other PII. It also comes pre-loaded with more than 60 different policies for GDPR, HIPAA, Sarbanes-Oxley and other regulations around the globe to accelerate compliance readiness. Additional features include a dictionary that identifies risky keywords that suggest improprieties, as well as confidence-scoring and quality assurance tools to minimize false positives. 

“Classification technology is a critical tool for organizations that need broad visibility into PII and want to retrieve specific information quickly in order to address GDPR,” said Mike Palmer, executive vice president and chief product officer, Veritas. “Manual processes are often unenforceable, laborious and inconsistent. However, by incorporating modern classification technology across our portfolio, Veritas is leapfrogging the market with a new approach to data management that makes sensitive data easier to find, redundant and stale data easier to delete, and allows organizations to make more informed decisions.”

Data Insight 6.0 Blends Artificial Intelligence with Classification to Enhance Risk Detection

Veritas Data Insight 6.0 takes a significant step forward in delivering risk analytics by triangulating insights from content classification, metadata analytics and user behavior to quickly uncover potential bad actors or malicious activities. Data Insight’s proprietary “User Risk Score” is the first-line of defense for identifying suspicious activity and initiating remediation efforts to keep sensitive files protected. 

Data Insight 6.0 introduces deep learning technology that incorporates the User Risk Score and other file attributes to hunt for an organization’s riskiest files and recommend next steps. By using artificial intelligence to prioritize how the Integrated Classification Engine scans files, Data Insight 6.0 can dash through petabytes of data to illuminate the darkest of data. Data Insight 6.0 is available today from Veritas and its worldwide channel partners.

Enterprise Vault 12.2 Leverages Classification to Enrich Retention and Discovery with Intelligence

Veritas Enterprise Vault 12.2 enables administrators to infuse their archive with intelligence by reclassifying all of their existing content with consistent patterns and policies delivered via the Integrated Classification Engine. The solution aligns the classification tags with retention policies to ensure that all critical data is managed appropriately, while the “junk” can be deleted within the normal course of operations. 

Enhanced classification capabilities provide the foundation for accelerated investigations by making it easier to search for content using classification tags and expediting the process of responding to discovery or information requests to address compliance regulations. Enterprise Vault 12.2 will be available in August through Veritas and its worldwide channel partners.

“As data growth reaches Exabyte proportions, organizations have become overwhelmed by mostly unstructured ‘dark’ data that is redundant, stale or of radically varying quality,” said Jason Buffington, principal analyst at Enterprise Strategy Group. “The Integrated Classification Engine introduced by Veritas today is designed to provide a substantial leap forward for companies needing to achieve governance, risk management and compliance through actionable intelligence on what data exists, who owns it and has access to it, and how it is being used.”

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, and Enterprise Vault 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
[email protected]

EMEA Contact
Veritas Technologies
Brooke Hamilton +44 (0) 7713697268
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APJ Contact
Veritas Technologies
Belinda Lim +65 64275564
[email protected]

1  Source: Veritas 2017 Data Genomics Survey benchmark into business data composition

 

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SOURCE Veritas Technologies