Shouqi Limousine & Chauffeur installs high-tech intelligent monitoring, including infrared thermometers that make travel more secure

BEIJING, Feb. 28, 2020 /PRNewswire/ — Shouqi Limousine & Chauffeur offers another anti-outbreak intelligent solution with infrared thermometers safeguarding the security of both passengers and drivers.

Shouqi Limousine & Chauffeur proposes intelligence solutions at this critical moment with infrared thermometers building a security wall for outbreak prevention.

As the national outbreak prevention efficiently progresses, cities have gradually begun the outbreak prevention and resumption of production. Ride-hailing has become the optimal choice for most office workers. To comprehensively guarantee user travel safety as China goes back to work, Shouqi Limousine & Chauffeur offers infrared thermometers for cars after the implementation of “3+3” multiple disinfection procedures to perform the monitoring and precautions of coronavirus outbreak.

Artificial intelligence plays a significant part in combating coronavirus, and provides a more secure travelling environment for the general public.

After further investigation regarding infrared thermal imaging technology and the infrared temperature measurement technology, Shouqi Limousine & Chauffeur has independently developed an integrated hardware and software device for equipping cars with infrared thermometers.

Infrared Thermometers

By installing an infrared camera in the car, the temperature of drivers and passengers can be monitored. The device will periodically monitor the temperature of all the people in the car and report it to the system upon control of the driver. Then the system makes the secondary judgement based on big data and AI algorithms. For instance, if a temperature warning is generated, the system will inform the driver and operations staff via email and short messages to guide the driver to carry out the inspection and disinfection procedures.

Temperature detection and early warning demonstration of infrared thermometers

Infrared temperature technology possesses multiple advantages. It will not destroy the temperature field of the detected object because there is no direct contact. The target temperature can be measured within several milliseconds; the temperature accuracy is high and the temperature differential can be controlled at about 0.1 degrees in comparison with actual road tests.

Shouqi Limousine & Chauffeur spokesperson says “Infrared thermometers can conduct real-time intelligent temperature detection to drivers and passengers, thus better monitoring the health status of both passengers and drivers. The in-car application has been innovative in three perspectives. The first is to achieve low-cost and non-contact temperature measurement; the second is to realize high-precision and fast temperature measurement; the third is to realize the ability of automatic judgement and processing based on artificial intelligence. We believe that the application of infrared thermometers will cut off the virus outbreak transmission route via ride-hailing services, detect and handle illness cases promptly, and provide a strong safeguard for the travel safety of both passengers and drivers.

Real-time intelligent temperature detection of infrared thermometers

Currently, while engaging in outbreak prevention, various regions have also introduced policies in line with local conditions to assist the resumption of work and production in enterprises. To guarantee outbreak prevention and resumption of production in hundred cities and thousand enterprises, Shouqi Limousine & Chauffeur has recently launched the “Work Resumption Support Month” campaign after the previous implementation of “3+3” multiple disinfection procedures, put forward the inspiring moto “Fear Not the Resumption of Work, Shouqi Limousine & Chauffeur is at Your Service” and has comprehensively guaranteed the safety of the general public in the resumption of work through the “Escorting Plan” and the “Exclusive Plan” to make ride-hailing commuting safer, smoother and more convenient.

In the battle against the novel coronavirus outbreak, Shouqi Limousine & Chauffeur takes the lead in supporting relief efforts in cities like Wuhan at this critical moment, demonstrating corporate social responsibilities as a leading ride-hailing company. However, instead of remaining satisfied, Shouqi Limousine & Chauffeur steps up to support outbreak prevention with artificial intelligence. It launches intelligent solutions at that critical moment to comprehensively improve the effect of outbreak prevention, safeguard the travel safety of both passengers and drivers, and build a security wall for outbreak prevention. By virtue of these positive actions, it fulfils its overall position of consciousness and spirit of dedication and sets a good example for all the industries to fully commit to the battle against the coronavirus outbreak.

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SOURCE Shouqi Limousine

AgriTech Company Agxio Named Among Business Worldwide Magazine’s Twenty Most Innovative Companies to Watch

LONDON, Feb. 28, 2020 /PRNewswire/ — The agriculture industry has come under stress in recent years for its role in sustaining a growing planet whilst limiting its impact on climate change and environmental damage. It’s clear that this is a sector in dire need of a new way of working, so Cambridge based tech company Agxio is pioneering a new approach to farming. Its innovative work and clear commitment to helping farmers work more efficiently and sustainably has led to the firm being included in Business Worldwide Magazine’s list of “20 Most Innovative Companies to Watch”.

The 20 Most Innovative Companies to Watch list is a celebration of the trailblazing organizations that are changing the game in their respective industries and altering the corporate landscape. Whether it’s in banking, industry, healthcare, energy, agriculture or other industries, these companies are at the cutting edge of breakthrough technologies, innovation and modernized business structures. Those listed have a shared goal of developing revolutionary products and technology that can drive scalable business models and disrupt established industries and markets.

Farming has been crucial to human life for centuries, but as we have developed the technology needed to meet demand and make as many profits as possible, we have also drastically harmed our planet. A combination of heavy machinery, genetically modified foods and chemical fertilizers have all given crop farmers a bad name, whilst ironically also leading to depleted water supplies and poor crops.

Scientists, governments and environmental organisations have been working together to find an alternative to current farming methods, and Agxio is at the forefront of this new revolution. Based in the heart of Cambridge’s Science Park, Agxio is an award-winning team of global innovators and entrepreneurs on a mission to improve and protect the entire agricultural supply chain. Led by Dr Stephen Christie, the company is a leader in data science, machine learning, AgriTech, AgriFinTech and behavioural science, and currently works with farmers in over 40 countries.

The company’s flagship product, The Centaur Platform, harnesses artificial intelligence and the very latest advances in data and agricultural science. The technology combines sensors, big data and machine learning to help farmers work more efficiently, make better decisions and produce better yields in a sustainable way.

Dr Stephen Christie explained why the technology is so important. “By using cutting edge technology, machine learning and intelligent data analysis that operates from planning to harvesting, we are enabling farmers to work on an unprecedented scale.”

To find out more about Agxio’s vision, mission and products, visit https://www.agxio.com/

Further information about the Business Worldwide Magazine Awards can be found at: https://www.bwmonline.com/awards

About Business Worldwide Magazine

Business Worldwide Magazine is the leading source of business and dealmaker intelligence throughout the world. Our quarterly magazine and online news portal enables an established audience of corporate dealmakers to track the latest news, stories and developments affecting the international markets, corporate finance, business strategy and changes in legislation. This readership includes of CEO/CFO – Banks, Corporate Lawyers and Venture Capital/Private Equity Companies to name a few.

http://www.bwmonline.com 

Contact
David Jones
Awards Department
E: david.jones@bwmonline.com

W: http://www.bwmonline.com

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SOURCE Business Worldwide Magazine

Say Oui to Automation Acceleration!

LONDON and AUSTIN, Texas, Feb. 28, 2020 /PRNewswire/ — Building on a legacy of delivering enterprise-grade Robotic Process Automation (RPA) capabilities, Blue Prism today announced v6.7 of its Digital Workforce along with industry first integrations and new features to its Digital Exchange (DX), an intelligent automation “app store” and online community. These new capabilities and features are designed to help users automate the most complex business processes, quickly and at scale, while maintaining the highest security standards.

Blue Prism logo (PRNewsfoto/Blue Prism)

“With Blue Prism v6.7, we have the most unique product offering on the market, augmented by best of breed AI and cognitive partners through our DX community,” says Jason Kingdon, Executive Chairman of Blue Prism. “All of our hallmark attributes around security, scalability and ease of use are being enhanced, enabling broader access, so anyone can leverage and automate. We even have software robots that understand French.”

Vive Blue Prism v6.7
New capabilities include direct integration for DX users enabling easy access to a robust ecosystem of AI and cognitive capabilities that leverage Blue Prism automations. Thousands of downloadable automation “skills” are available to users, which can be imported into their Digital Workforce with just a few mouse clicks – with no-coding required.

Blue Prism also extended DX capabilities to offer users a controlled marketplace of AI skills and assets, through the Enterprise Digital Exchange (EDX). Banks, governments and healthcare organizations can easily share automation assets securely and privately with select users. The EDX allows teams of external and internal resources to curate, create, and share sensitive business processes and tasks while providing proper control and security. To learn more about the EDX and sign up for a free trial click here

“For organizations in the early stages of their journey, Blue Prism’s DX provides a collaborative platform for accelerating intelligent automation deployments,” says Darren Atkins, CTO of Artificial Intelligence and Automation, East Suffolk and North Essex NHS Foundation Trust (ESNEFT). “Leveraging these capabilities, we’ve launched our new NHS Digital Exchange community enabling health professionals to share ideas, work on shared solutions and align development roadmaps. The NHS Digital Exchange, hosted by Blue Prism Cloud, acts as a foundation upon which the NHS can collectively build, freeing precious time for our hardworking staff to spend more time with the patients we serve.”

More Flexibility, Security & Analytics
With v6.7, Blue Prism continues to build out multi-language support making it easier to support global RPA deployments. Users will now be presented with French as an option in the “change language” menu when signing into Blue Prism. The selected language is reflected in the help system, which is now presented online in an HTML5 format by default. The help system has been redesigned with a more modern, easily accessible user interface that includes enhanced features and provides a better user experience.

Security has also been strengthened by making it easier for enterprise users to secure their environments, specifically their application server configuration files. From v6.7 onwards, customers will be able to encrypt config files with their own certificates versus using the native encryption methods provided. This feature gives users the ability to more frequently change the encryption of the application server config files, allowing Blue Prism to follow internal security policies more easily.

Analytics and reporting have been streamlined on v6.7 with more intuitive and interactive dashboards. Customers can now create line charts as well as bar, column, pie and gauge charts. This enhancement increases the functionality of the home page dashboard, provides a more modern look and feel to the product.

The sum of these capabilities puts Blue Prism at the forefront of intelligent automation innovations by helping customers drive a meaningful digital transformation. To find out more about what v6.7 can do, click here.

About Blue Prism
Blue Prism’s vision is to provide a Digital Workforce for Every Enterprise. The company’s purpose is to unleash the collaborative potential of humans, operating in harmony with a Digital Workforce, so every enterprise can exceed their business goals and drive meaningful growth, with unmatched speed and agility.

Fortune 500 and public-sector organizations, among customers across 70 commercial sectors, trust Blue Prism’s enterprise-grade connected-RPA platform, which has users in more than 170 countries. By strategically applying intelligent automation, these organizations are creating new opportunities and services, while unlocking massive efficiencies that return millions of hours of work back into their business.

Available on-premises, in the cloud, hybrid, or as an integrated SaaS solution, Blue Prism’s Digital Workforce automates ever more complex, end-to-end processes that drive a true digital transformation, collaboratively, at scale and across the entire enterprise.

Visit www.blueprism.com to learn more or follow Blue Prism on Twitter @blue_prism and on LinkedIn.

© 2020 Blue Prism Limited. “Blue Prism”, “Thoughtonomy”, the “Blue Prism” logo and Prism device are either trademarks or registered trademarks of Blue Prism Limited and its affiliates. All Rights Reserved.

 

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ScaleX Announces ScaleX.ai SocialFlow for AI-Powered ABM

LITTLETON, Colo., Feb. 27, 2020 /PRNewswire-PRWeb/ — ScaleX.ai is pleased to announce the newest addition to its revenue-focused suite of AI for Sales offerings. Harnessing the power of personal connections, SocialFlow does three things better than anyone else; 1. help companies monetize the professional relationships employees have cultivated over their careers, 2. get warm introductions to high-dollar prospects that can materially impact quota attainment, and 3. do so at scale, across entire organizations.

Often referred to as a ‘warm introduction engine’, SocialFlow helps companies change the way they generate qualified leads. Instead of wasting time trying to get prospects on the phone, SocialFlow fast-tracks access, enabling reps to spend their time having meaningful conversations. No longer will reps send dozens of emails or leave dozens of voicemails. With SocialFlow, it is not uncommon for prospects to take meetings on the very first outreach. It’s no wonder warm introductions are called ‘the most valuable currency in business’.

According to Chad Burmeister, CEO of ScaleX, “Successful outbound requires a perfect mix of quality and quantity. With the launch of SocialFlow, we’re further enhancing the quality that our clients have come to expect. This is truly the first-ever AI for Social Selling engine on the market today!”

Learn more about ScaleX.ai here: https://www.scalex.ai/solutions.

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

 

SOURCE ScaleX, Inc.

Huawei Releases Huawei ICT Academy Program 2.0, Set to Develop 2 Million ICT Professionals Over the Next Five Years

SHENZHEN, China, Feb. 27, 2020 /PRNewswire/ — At the Industrial Digital Transformation Conference-Live, Huawei officially released the Huawei ICT Academy Program 2.0. Through this program, Huawei aims to develop 2 million ICT professionals and popularize digital skills over the next five years by collaborating with universities. This is part of Huawei’s digital inclusion initiative, TECH4ALL, which is intended to expand the benefits of digital technology to everyone, everywhere. Huawei will set up the Huawei ICT Academy Development Incentive Fund (ADIF), with a total investment of at least US$50 million over the next five years.

2013 saw the establishment of the Huawei ICT Academy program, under which Huawei has provided quality courses and support services to universities/colleges to help them train teachers, establish and optimize ICT majors, improve the curriculum system, and build standard labs. Huawei ICT Academy also introduces Huawei’s ICT technologies and products to students in universities around the world, encourages them to participate in Huawei certification, and develops innovative and application-oriented technical talent for society and the global ICT industry. Since 2015, Huawei has partnered with more than 600 international universities to set up Huawei ICT academies, helping the universities improve their ICT teaching abilities and train more than 1500 teachers.

To meet new requirements and challenges, the Huawei ICT Academy Program will enter the 2.0 phase in 2020. According to its five-year plan, Huawei will develop 2 million ICT professionals and continuously update its school-enterprise cooperation solutions in cutting-edge technologies, such as 5G and Artificial Intelligence (AI).

To achieve this goal, Huawei will set up the Huawei ICT Academy Development Incentive Fund (ADIF), with a total investment of at least US$50 million over the next five years. This fund aims to help ICT academies operate stably by the following four actions:

  • Providing teaching experiment equipment for cooperative universities to improve students’ practical skills.
  • Training teachers through ADIF, providing free exam vouchers to encourage students to take Huawei’s certification exams, and setting up an education fund to reward excellent teachers and students.
  • Holding the Huawei ICT Competition to provide a platform for students to communicate with their peers and show their talents.
  • Cooperating with partners on ICT Talent Job Fairs to help students find jobs and promote efficient matching between talent supply and demand.

Hank Stokbroekx, Vice President of Enterprise Service, Huawei Enterprise BG, announce the Launch of Huawei ICT Academy 2.0

Hank Stokbroekx, Vice President of Enterprise Service, Huawei Enterprise BG, said that, Huawei will continue to establish more ICT Academies. Every year, we will build 600-1000 Huawei ICT Academies. By doing so, we aim to benefit more university teachers and students in the digital world, enable more people to enjoy equal and high-quality education, enhance digital skills, and inject fresh impetus into the industry.

The launch of Huawei ICT Academy Program 2.0 marks a new stage of Huawei’s talent ecosystem development. In the future, Huawei will deepen cooperation with all parties in the ecosystem, increase investment, and accelerate the construction of an all-round, full-cycle sustainable talent ecosystem to fuel the digital transformation of industries.

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SOURCE Huawei

Smith & Howard Hosts Cybersecurity Event for Businesses & Nonprofits

ATLANTA, Feb. 27, 2020 /PRNewswire-PRWeb/ — On February 18, business professionals throughout Georgia gathered to attend Smith & Howard’s cybersecurity event, Understanding and Tackling the Cybersecurity Threat. The keynote speaker for the event was former Governor Tom Ridge, the first United States Secretary of the Department of Homeland Security and now alliantgroup Chairman of Cybersecurity and Technology. A panel of cybersecurity experts followed his message with a discussion about the threats faced by anyone connected to the Internet.

“The average impact of a data breach on a business is well over six figures,” said Marc Azar, event host and Smith & Howard Tax Practice Leader. “That is why we organized this event. It is necessary for businesses and nonprofits to learn more in order to be prepared and better protected against this fast-growing threat.”

According to Governor Ridge, business leaders need to realize that cyber risk is not just a technical problem – it is a business challenge. The dollars spent on cyber defense must be seen as an investment, not an expense.

Following Governor Ridge’s message, a panel featuring former Congressman Rick Lazio, Marvin Willis, Partner in Charge of Smith & Howard’s Accounting and Advisory practice, Cyber Liability Specialist Ralph Pasquariello and Smith & Howard’s Enterprise Risk Security (ERS) manager Martha Raber took to the stage. The panelists pointed out that an increasing volume of business email is being compromised because of the use of sophisticated artificial intelligence (AI). Even high-profile security companies can fall for AI scams, making it more difficult for businesses to thwart the attacks. People need to be cognizant of everything coming their way via email and always verify the authenticity of an unusual or unexpected request. The panelists emphasized that organizations need to ensure their employees receive continuous training to prevent hackers gaining access through phishing schemes.

“We gathered these experts to offer insights into what businesses and nonprofits can do to fully protect themselves and their customers or clients. It is imperative that we all take the increasingly aggressive cyberattacks seriously and investigate ways to incorporate risk management in our operations,” concluded Marc Azar.

About Smith & Howard

Smith & Howard is a top Atlanta accounting and advisory firm serving middle-market businesses in the construction, manufacturing, distribution, real estate, nonprofit, hospitality, health care and technology sectors. Services include audit and tax strengthened by sales and use tax, international tax consulting, enterprise risk services, SOC reporting, technology consulting and process automation, among other offerings. More information is available on the firm’s website at http://www.smith-howard.com.

 

SOURCE Smith & Howard

SparkLabs Connex, a New IoT, Smart City & PropTech Accelerator, Unites the Supply & Demand sides of the Technology Ecosystem to Accelerate Access to Innovation

SINGAPORE, Feb. 27, 2020 /PRNewswire-PRWeb/ — SparkLabs Group (http://www.sparklabsgroup.com), a network of accelerators and venture capital funds, has launched SparkLabs Connex, a new startup accelerator focusing on IoT, smart cities and proptech. It is based on SparkLabs’ proven accelerator model and will leverage its deep presence in key innovation ecosystems, including Silicon Valley, Seoul, Shenzhen, Taipei and Singapore.

SparkLabs Connex (http://www.sparklabsconnex.com) unites the supply (startups) and demand (cities, technology vendors, enterprise customers and industry organizations) sides of the IoT, smart city and proptech ecosystems to accelerate access to innovation. This accelerator will invest in startups that address key market drivers, including 5G monetization, sustainability and green building initiatives, and leverage emerging technology enablers, such as 5G, Low Power WANs, eSIMs, artificial intelligence and security.

“We are fortunate to have Charles Reed Anderson join us as the Managing Partner of SparkLabs Connex. He is one of Asia’s leading advisors to governments, enterprise customers and technology vendors on how to successfully navigate the increasingly complex IoT, smart city and proptech solution ecosystems. He is a recognized thought leader in these areas, so we are excited to have him on board,” states Jay McCarthy, Co-founder of SparkLabs Group.

Charles is the founder of CRA & Associates, a Singapore-based IoT and smart cities advisory firm, and has previously served as a Senior Advisor on IoT to McKinsey & Company, led the IoT, Mobility and Telecoms practices for IDC Asia Pacific, and worked for leading global operators O2 (Telefonica), Vodafone and BT Global Services.

“My ambition is for SparkLabs Connex to become the innovation hub for the IoT, smart city and proptech ecosystems, and I’m excited with the quality and variety of partnerships we have signed at launch – and will sign in the future. SparkLabs Connex is more than an accelerator, it’s an ecosystem play, and we believe it creates a unique value proposition for startups, partners and investors,” explains Charles.

SparkLabs Connex will be working with leading ecosystem players that enable us to assess the startups in which we invest. Connex partners include leading technology vendors Nokia, True Digital, Beca and Skyroam, as well as the cities of Taipei, Taiwan, Songdo, South Korea and Darwin, Australia. In addition, Connex is partnering with GO SMART, the Global Organization of Smart Cities, which shares innovation and best practice with over 325 cities and vendors globally, and the Urban Technology Alliance, which has eight Smart City testbeds across cities in France, Spain, Japan, Korea and Taiwan.

“Working with SparkLabs Connex will enable us to address the growing smart city opportunity. We can help solve the challenges of smart city orchestration with our solutions, such as the Integrated Operations Center, and expand our smart city ecosystem while answering the needs of our enterprise customers,” states Danial Mausoof, Global Head of Enterprise Sales at Nokia.

SparkLabs Connex Venture Partners include Thomas Jakob, Managing Director of TEGEOS Consulting, Regional President of Bosch.IO for Asia Pacific, and former CEO/CFO for T-Systems in Asia Pacific; Alex Tan, Executive Director of Qala Investments, former CIO of mobile operator M1, and former Senior Director for Next Generation Infrastructure responsible for the delivery of Singapore’s Smart Nation Platform for the Infocomm Development Authority (IDA); and Anthony Bartolo, EVP and Chief Product Officer of Avaya and former EVP and Chief Product Officer of Tata Communications, who in 2019 was named as a “Power 100” individual, a global index of the leading professionals in the Telecommunications industry.

“In a connected world where AI-driven IoT solutions prevail, the ecosystem of partners contributing innovative ideas, helping to bring them to fruition and the capabilities to scale them up is crucial. Charles and Connex are ideally placed to connect these required parties and fill the ecosystem with life,” says Thomas Jakob.

These new additions complement the existing Venture Partners Kai Huang, Co-founder at Flash Bike, Co-founder and former CEO at Blue Goji, and Co-Founder of Guitar Hero; Charles Huang, Co-founder and CEO at Indigo 7, Co-founder of Guitar Hero, and former COO of Leeo; and Jeffrey Guo, Chairman of Syntrend Creative Park and Syntrend Startup Foundation.

GO SMART drives collaboration between cities and the technology vendors that provide smart city solutions. The partnership with SparkLabs Connex will provide GO SMART with access to new solutions and use cases, and also connect us to SparkLabs Group’s global ecosystem of startups,” explains Chen-Yu Lee, Secretary General of GO SMART.

About SparkLabs Group
SparkLabs Group (http://www.sparklabsgroup.com) is a network of startup accelerators and venture capital funds that has invested in over 280 companies across 6 continents. SparkLabs Group was awarded the Newsweek Momentum Award in November 2019, ranking it as one of the “Top 100 Smart City Partners” globally, and the only venture capital firm or accelerator included in the ranking.

SparkLabs’ accelerator network consists of SparkLabs Korea (Seoul), SparkLabs Cultiv8 (AgTech, FoodTech & Sustainability in Sydney & Orange, Australia), SparkLabs Taipei, SparkLabs Frontier – ASU (Arizona State University), and others. In 2019, SparkLabs Group launched SparkLabs Foundry (http://www.sparklabsfoundry.com), an “innovation-as-a-service” platform for the Forbes Global 2000.

 

SOURCE SparkLabs Group

CDL Matter approaches advanced materials as an enabling technology to solve the world’s most pressing challenges

TORONTO, Feb. 27, 2020 /PRNewswire/ — Creative Destruction Lab (CDL) announces the launch of CDL Matter at the University of Toronto’s Rotman School of Management. CDL Matter is a new stream that will bring together entrepreneurs, scientists and investors in a mission to accelerate the discovery, development, and commercialization of advanced materials across numerous verticals and applications. The chemical and materials industries are poised to be disrupted by frontier technologies. The integration of automation, artificial intelligence, autonomy and high-throughput computation, as well as the growth of materials databases, will greatly accelerate the pace of discovery and development of molecules and materials. 

Professor Alán Aspuru-Guzik will lead CDL Matter as the Founding Fellow of the new stream. Aspuru-Guzik is a professor of Chemistry and Computer Science at the University of Toronto and is also the Canada 150 Research Chair in Theoretical Chemistry and a Canada CIFAR AI Chair at the Vector Institute. Prior to joining UofT in 2018, he was a professor at Harvard University. He received his B.Sc. from the National Autonomous University of Mexico (UNAM) in 1999 and obtained a PhD from the University of California, Berkeley in 2004, where he was also a postdoctoral fellow from 2005-2006. He is also the Chief Scientific Officer and Founder of Zapata Computing, Chief Vision Officer and Founder of Kebotix, and Scientific Advisor of Kyulux.

Prof. Aspuru-Guzik’s research group works at the interface of theoretical chemistry with physics, computer science, and applied mathematics, specifically working towards the acceleration of molecular discovery by the combination of robotics, artificial intelligence, and high-throughput quantum chemistry to create “materials acceleration platforms” or “self-driving laboratories”. He was also the recipient of Creative Destruction Lab’s 2019 Ideas award at its annual Machine Learning and the Market for Intelligence conference for his groundbreaking work in applying machine learning, robotics, and quantum chemistry to the creation of materials acceleration platforms for the hyper-efficient discovery of new materials and candidate molecules for drug discovery.

CDL Matter will provide technical and business guidance, as well as access to capital, to entrepreneurs working on discovering, developing or recycling advanced materials.

Applications for CDL Matter are now open and will close on August 12, 2020. Selected ventures will begin the nine-month CDL program in October 2020. Ideal applicants include individuals or teams seeking to build a business in material discovery platforms, novel materials, additive manufacturing, material characterization tools and materials recycling. For more questions, reach out to the team at matter@creativedestructionlab.com

Applications will be accepted online at www.creativedestructionlab.com/apply as of April 1, 2020. 

QUOTES

“When I moved to Toronto, I was amazed by what the Creative Destruction Lab has done for our innovation ecosystem. Most of the emerging challenges that our world is facing in this century, ranging from climate change to health, require the rapid development of novel molecules and materials. This new CDL track will focus on helping young entrepreneurs build scalable companies in this space.”
– Professor Alán Aspuru-Guzik, Professor of Chemistry and Computer Science at the University of Toronto

“At Prelude Ventures, we see advanced materials development as a vital part of the ecosystem for addressing climate change and other environmental challenges. We are excited to engage with visionary founders and world leaders targeting material innovations in Creative Destruction Lab’s Matter Stream.”
Mark Cupta, Managing Director at Prelude Ventures

Creative Destruction Lab (CDL) is an objectives-based program for massively scalable, seed-stage science- and technology-based companies. The program’s objective-setting process enhances the performance of technical founders who learn from the insights of experienced entrepreneurs, increasing their probability of success. Founded in 2012 by Professor Ajay Agrawal at the Rotman School of Management at University of Toronto, the program has now expanded with locations in Oxford (Saïd Business School, University of Oxford), Paris (HEC Paris), Atlanta (Scheller College of Business, Georgia Institute of Technology), Vancouver (Sauder School of Business, University of British Columbia), Montreal (HEC Montréal), Calgary (Haskayne School of Business, University of Calgary), and Halifax (Rowe School of Business, Dalhousie University). Since its inception, companies that have participated in the CDL program have created more than $5.8 billion (CAD) in equity value. CDL alumni include North (Waterloo), Atomwise (San Francisco), Kyndi (Palo Alto), Xanadu (Toronto), BenchSci (Toronto), Kheiron Medical (London), and Roadbotics (Pittsburgh).

The Rotman School of Management is part of the University of Toronto, a global centre of research and teaching excellence at the heart of Canada’s commercial capital. Rotman is a catalyst for transformative learning, insights and public engagement, bringing together diverse views and initiatives around a defining purpose: to create value for business and society. For more information, visit www.rotman.utoronto.ca

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SOURCE Rotman School of Management, University of Toronto

Healthcare AI Firm Qure.ai Raises $16M to Expand into New Markets

SAN FRANCISCO, Feb. 27, 2020 /PRNewswire/ —  Qure.ai (www.qure.ai), a leading healthcare AI startup, has announced that they have raised $16M in a funding round led by Sequoia India and supported by MassMutual Ventures Southeast Asia (SEA). Qure.ai will use this new capital to drive geographical expansion, expand product portfolio and support regulatory clearances.

Founded in 2016 by Prashant Warier and Dr. Pooja Rao, and incubated by Fractal, Qure.ai today has presence in over 20 countries and has impacted over 600,000 lives. Using artificial intelligence developed on a database of over 7 million scans, Qure.ai solutions provide fast and accurate interpretations of radiology scans within seconds, reducing time to treatment in the critical moments of care.

“We are proud to have taken our solutions beyond the research stage to actually impacting patient lives across more than 200 locations in 20 countries,” said Prashant Warier, Co-Founder & CEO of Qure.ai. “Our products ensure that life-saving treatments can be delivered to patients, even in remote locations, in a fraction of the time required for traditional scan interpretation. This funding round will allow us to further invest into R&D and to expand the reach of our solutions, accelerating our mission of delivering accessible and affordable healthcare to every human being.”

Qure.ai’s solutions are all CE certified, their head CT product (qER) being the only solution in the industry to detect every critical brain abnormality on a head CT including five types of intracranial hemorrhages, cranial fractures, infarcts, midline shift, and mass effect (for tumor detection).

Qure.ai’s chest X-ray automation and interpretation solution (qXR) accurately interprets chest X-rays to help automatically generate chest X-ray interpretation reports, detect tuberculosis (one of the world’s leading infectious killers), chronic obstructive pulmonary diseases, lung malignancies and medical emergencies like lung collapses and cardiac disorders.

“Medical imaging is one of the fields in healthcare where there is enough digitized data to turn the promise of AI into a reality. The sophistication of Qure.ai’s algorithms and predictive analytics tools, coupled with their expert team of data scientists and physicians positions them very well versus their global competitors,” said Anjana Sasidharan, Principal at Sequoia Capital India LLP. “What sets them apart is their ability to deploy commercially at scale across multiple countries; something many others have failed to do as strong algorithms don’t always translate to robust commercial products.”

“We are excited to partner with Qure.ai, improving access, efficacy and efficiency in clinical care,” added Ryan Collins, Managing Director, MassMutual Ventures SEA. “Very few companies in this category have achieved this level of both academic and real-world validation, and Qure.ai is leading across multiple use-cases and modalities.”

Qure.ai has been incubated by Fractal, an AI & analytics leader serving Fortune 500 companies. “Conceptualizing and incubating Qure.ai has been a matter of great satisfaction and pride for us,” said Srikanth Velamakanni, Co-Founder of Fractal and Chairman, Qure.ai. “Prashant and Pooja have assembled a brilliant team that’s committed to making healthcare accessible and affordable through AI. I am especially excited about the open research approach that Qure.ai has adopted and its focus on real world validation.”

About Qure.ai

Headquartered in Mumbai, India, with U.S. operations in San Francisco and New York, Qure.ai is a breakthrough Artificial Intelligence (AI) solution developer that is disrupting the radiology ‘status quo’ by enhancing imaging accuracy and improving health outcomes with the assistance of machine-supported tools. Qure.ai taps deep learning technology to provide automated interpretation of radiology exams like X-rays, CTs and MRI scans for time and resource-strapped medical imaging professionals—enabling faster diagnosis and speed to treatment. Qure.ai is helping make healthcare more accessible and affordable to patients worldwide.

For more information, please visit www.qure.ai.

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SOURCE Qure.ai

DocuSign to make next bold move in AI with Seal Software acquisition

Pending acquisition of contract analytics pioneer to bring full power of AI to the Agreement Cloud

SAN FRANCISCO, Feb. 27, 2020 /PRNewswire/ — Reflecting the increasingly important role that artificial intelligence (AI) will play in the digital transformation of the agreement process, DocuSign (NASDAQ: DOCU) today announced its intent to acquire one of the leading contract analytics and AI technology providers, Seal Software, for $188 million in cash.

DocuSign, Inc. (PRNewsFoto/DocuSign, Inc.)

The news builds on the existing relationship between the two companies. DocuSign already resells Seal’s flagship analytics and machine learning application as part of the DocuSign Agreement Cloud—its suite of applications and integrations for automating and connecting the entire agreement process. DocuSign also made a strategic investment in Seal in March last year.

With the acquisition, DocuSign can integrate Seal’s technology and value proposition more comprehensively across the Agreement Cloud—and therefore deliver greater value to companies looking to prepare, sign, act-on and manage the agreements that are critical to their business.

Founded in 2010, Seal is recognized as one of the pioneers in AI-driven contract analytics. Its technology can rapidly search large collections of agreements by legal concepts (rather than just by keywords); automatically extract and compare critical clauses and terms side-by-side; quickly identify areas of risk and opportunity; and deliver actionable insights that help solve legal and business challenges.

“As the Agreement Cloud company, DocuSign is about digitally transforming the very foundation of doing business: agreements and agreement processes,” said Scott Olrich, DocuSign’s chief operating officer. “We believe that AI will play a vital role in this transformation. And by integrating Seal into DocuSign, we can benefit from its deep technology expertise and its broad experience applying AI to agreements.”

John O’Melia, Seal’s chief executive officer, added that today’s news both validates and extends the company’s founding vision. “Seal was built to make finding, analyzing, and extracting data from contracts simpler and faster,” he said. “We have a natural synergy with DocuSign, and our team is excited to leverage our AI expertise to help make the Agreement Cloud even smarter. Also, given the company’s scale and expansive vision, becoming part of DocuSign will provide great opportunities for our customers and partners.”

There are many instances of companies already realizing the benefits of leveraging Seal AI in their agreement processes today. For example, one large international information-services company reduced the time spent on legal reviews by 75% thanks to DocuSign and Seal technologies. An international telecom company based in EMEA reduced the legal review time on customer agreements by more than 80%. A global financial services leader automated the analysis of over 2.6M contractual data points for critical supplier agreements. And a global aviation supplier reviewed over 25,000 agreements in just five business days as part of a corporate restructuring.

Once the acquisition has closed, DocuSign will continue to sell Seal’s analytics application. It will also integrate and leverage Seal’s AI technology to augment DocuSign CLM, one of the market’s leading contract lifecycle management solutions. This will help DocuSign CLM to automatically categorize clauses, extract their key terms, and then use that information to drive workflows—for example, automatically routing content to specific reviewers based on risk analysis and corporate policies.

For DocuSign customers, these capabilities will mean faster, more efficient agreement processes. Seal customers will in turn benefit from deeper access to the full capability of the DocuSign Agreement Cloud—especially document generation and advanced workflows.

Beyond CLM, DocuSign expects Seal’s technology to make the AI foundation of the Agreement Cloud smarter too. Built in part by DocuSign’s acquisition of technology from machine-learning startup Appuri in 2017, that foundation supports features like auto-tagging that are already offered today. These auto-tagging tools use AI to automatically detect where to put electronic tags on a document for signatures, dates, and other fields—a task that previously required human effort and judgment. Seal’s technology will add a new range of AI capabilities, driven by advanced natural language processing, text analytics, and semantic analytics.

Under the terms of the agreement, DocuSign will acquire Seal for $188 million in cash (excluding the value of shares currently  owned by DocuSign), subject to customary purchase price adjustments. The acquisition has been approved by the board of directors of DocuSign and Seal, and by the stockholders of Seal. Subject to customary closing conditions, including expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act, the acquisition is expected to close in the first half of DocuSign’s fiscal year.

Seal will be featured at DocuSign’s annual customer, partner and developer conference, DocuSign Momentum, held on March 4th in San Francisco. For more information, visit docusign.com or seal-software.com.

Media Relations:
Adrian Wainwright
Head of Communications
media@docusign.com 

Investor Relations:
Annie Leschin
VP Investor Relations
investors@docusign.com 

About DocuSign
DocuSign helps organizations connect and automate how they prepare, sign, act on, and manage agreements. As part of the DocuSign Agreement Cloud, DocuSign offers eSignature: the world’s #1 way to sign electronically on practically any device, from almost anywhere, at any time. Today, more than 560,000 customers and hundreds of millions of users in over 180 countries use DocuSign to accelerate the process of doing business and to simplify people’s lives.

For more information, visit www.docusign.com

About Seal Software
Seal Software is the global leader in enterprise contract analytics. With Seal’s machine learning and natural language processing technologies, companies can use artificial intelligence to find and organize contracts across their networks and repositories and to quickly understand the risks and opportunities hidden in their contracts. Seal empowers enterprises around the world to maximize revenue opportunities, reduce costs, and mitigate risks associated with contractual documents.

Forward-Looking Statements
This press release contains forward-looking statements related to DocuSign, Seal and the acquisition that are based on our management’s beliefs and assumptions and on information currently available to management. These statements are subject to substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Forward-looking statements include all statements that are not historical facts and can be identified by terms such as “will,” “expects,” “believes,” or “continue” or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions. Forward-looking statements in this press release include, among other things, statements about the potential benefits of the transaction, our ability to develop our Agreement Cloud platform and deliver product innovation, new products and potential market opportunities, the parties’ ability to satisfy the conditions to closing, and the timing for the expected closing of the transaction. Risks and uncertainties include, among other things, risks related to our ability to consummate the proposed transaction on a timely basis or at all, including due to the satisfaction of the conditions to consummation of the proposed transaction; our ability to secure regulatory approvals on the terms expected, in a timely manner or at all; our ability to successfully integrate Seal’s products, technologies and operations; our ability to realize the anticipated benefits of the proposed transaction, including the possibility that those benefits will not be realized when anticipated, or at all; disruption from the transaction making it more difficult to maintain business and operational relationships; the outcome of any legal proceedings related to the transaction or otherwise; the negative effects of the announcement or the consummation of the proposed transaction on the market price of our common stock or on our operating results; significant transaction costs; and unknown liabilities.

Additional risks and uncertainties that could affect our financial results are included in the sections titled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our quarterly report on Form 10-Q for the quarter ended October 31, 2019 filed on December 6, 2019 with the Securities and Exchange Commission (the “SEC”), and other filings that we make from time to time with the SEC. In addition, any forward-looking statements contained in this press release are based on assumptions that we believe to be reasonable as of this date. Except as required by law, we assume no obligation to update these forward-looking statements, or to update the reasons if actual results differ materially from those anticipated in the forward-looking statements.

 

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SOURCE DocuSign, Inc.