Press Releases

BitForex’s CEO Garret Jin and Korean Prime Minister Attend K.E.Y. Platform

SINGAPORE, May 25, 2019 /PRNewswire/ — What is likely the biggest cryptocurrency event worldwide, Consensus 2019, has just concluded. The exhibition included several keynotes from high profile speakers, breakout sessions, and thousands of noteworthy guests, including BitForex’s head of Business Development, Jason Luo. Main topics for discussion at the event included Cryptocurrency regulations, blockchain for the public sector, sanctions, and much more. Several networking events were scheduled, allowing industry professionals to make new connections, and share ideas & opportunities.

Although Consensus may be the largest event of its kind, there are other contrasting conferences in which cryptocurrency has a place. Benefiting from a more diverse audience of professionals, K.E.Y Platform in South Korea sees hundreds of attendants from both economic and political sectors come together to discuss “New Markets” — including future development trends, artificial intelligence, trade wars, Brexit, as well as blockchain. An excellent opportunity to help bring cryptocurrency and the surrounding movement into mainstream acceptance.

As the only representative of the Blockchain industry present in what remains one of the most important and sizeable cryptocurrency markets of the world, BitForex CEO Garrett Jin took to the stage to share his thoughts, visions, and future predictions for the development of the cryptocurrency industry, and the role of crypto exchanges in modern finance both in South Korea and beyond.

His panel was dedicated to the role of cryptocurrency exchanges, not just as a place to exchange tokens, but as a full-scale solution for digital currency deployment, and how this could play a pivotal role in the near future when considered as a new market for South Korea. Also present at this event was Lee Nak-yeon, current Prime Minister of South Korea, emphasizing the degree of seriousness with which the conference was held.

It is through events such as these that cryptocurrency gains both mainstream acceptance and momentum — by raising awareness in high-level professional environments, as well as on the consumer level and with the all-important userbase.

Following the event, BitForex has expanded its operations team in Korea, as the cryptocurrency market there is among the 5 biggest globally. Registered users from Korea on BitForex currently approaches one million, and the exchange aims to double that number in 2019 as it continues growing its already significant Korean presence. This will allow BitForex to continue bringing unparalleled service to its Korean users, and in neighboring regions — bringing cryptocurrency further into the mainstream market.

About BitForex 

Founded in March 2018, BitForex is the leading destination for all cryptocurrency exchange services. As one of the largest and fastest growing cryptocurrency exchanges in the world, it strives to provide fast and seamless access to features catering to traders of all calibers. With 3 million users from more than 180 countries trading 150+ different tokens for a total daily trading volume of over 200 million USD, BitForex is here to serve you – whatever your needs may be.

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Lee Nak-yeon and Garrett
image featuring Lee Nak-yeon and Garrett

Consensus Imformation
image from consensus

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SutiSoft Announces SutiExpense 8.3.2 with Feature Enhancements

LOS ALTOS, Calif., May 24, 2019 /PRNewswire-PRWeb/ — New features

Color Customization
Users can now customize the application colors for a variety of UI components including header, menu, buttons and fonts if needed. Corporate Card Feeds

Artificial intelligence in SutiExpense detects any changes in corporate card data if any, and highlights the changes at the approver level so appropriate action can be taken.

Visual Representation
SutiExpense displays a visual representation with each report that breaks down the spend by category and compares it to the average company report. For more information, please visit SutiExpense or call us on 650-969-SUTI.

About SutiSoft Inc
SutiSoft provides a comprehensive suite of cloud-based business platforms and solutions for companies of all sizes. These platforms include scalable and easy-to-use solutions for HR, Employee Travel and Expense, Wireless Spend Management, CRM, Document Management, Business Data Analytics, and Electronic Signature. Our platforms and solutions enable small, mid-size, and large enterprise customers to control costs, save time, and assist in making smart business decisions. Headquartered in Los Altos, California, SutiSoft also has regional offices in Germany, India, and Japan. For additional information visit our website at


SOURCE SutiSoft Inc.

Automotive Camera Market to Surpass $19bn by 2025: Global Market Insights, Inc.

SELBYVILLE, Del., May 24, 2019 /PRNewswire/ — The automotive camera market is anticipated to hike from USD 5.5 billion in 2018 to around USD 19 billion by 2025 when the global industry shipments will register 17% growth, according to a 2019 Global Market Insights, Inc. report. The changing preferences of automobile manufacturers toward the replacement of side-view mirrors with cameras to offer a wide rear view for drivers are expected to elevate the market growth.

The Global National Car Assessment Program (Global NCAP) is providing new motor vehicle safety ratings across the globe to increase the safety of passengers & pedestrians. Vehicles with 5-star ratings ensure maximum vehicle performance in crash incidents while vehicles with 1-star rating have marginal crash protection, increasing the adoption of automotive cameras in vehicles. The latest advancements in camera technology, such as neural network & machine learning coupled with mass production of these units, are anticipated to propel the automotive camera market growth.

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Additionally, these cameras are incorporated in vehicles to support semi-automated and autonomous driving functions, expanding the automotive camera market. These components are used with a vehicle’s electronic controlled braking system to support adaptive cruise control and automatic braking functions. Vehicle manufacturers across the globe are integrating a number of cameras with vehicles to support autonomous driving and enhanced safety features.

The parking assist applications in the automotive camera market are gaining popularity as they are installed in vehicles to assist drivers while parking their vehicles. The increasing number of accidents while reversing cars is compelling the demand for rear view cameras in vehicles. Rear view cameras allow drivers to see what is behind, eliminating blind spots and providing adequate time to brake if any object is close to a vehicle. The growing adoption of rear-view systems in vehicles to enhance safety will provide lucrative opportunities to players operating in the market.

Browse key industry insights spread across 250 pages with 379 market data tables & 22 figures & charts from the report, “Automotive Camera Market Size By Type (Mono, Stereo, Trifocal), By Application (ADAS [Lane Departure Systems, Emergency Braking Systems, Forward Collision Warning, Others], Parking Assist), By Vehicle Type (Passenger Cars, Utility Vehicles, Commercial Vehicles), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Russia, China, India, Japan, South Korea, Brazil, Mexico, South Africa), Application Potential, Price Trend, Competitive Market Share & Forecast, 2019 – 2025″ in detail along with the table of contents:

The adoption of cameras is expected to increase in commercial vehicles to provide various safety features such as blind spot monitoring, lane departure warning, and autonomous braking system. The rising trend of truck platooning coupled with the increasing adoption of ADAS in trucks is propelling the growth of the automotive camera market. Truck platooning is the linking of two or more trucks using automated driving support and connectivity technologies. These trucks use cameras & sensors to maintain a set distance from each other while travelling. Additionally, these vision components are used in commercial vehicles to keep a track of drivers’ facial expressions and can transmit a warning sound when they are feeling drowsy, attributing to the market growth.

The North America automotive camera market is expected to grow at around 24% CAGR from 2019 to 2025 due to an increase in the demand for luxury vehicles in the U.S. and Canada. The growing number of vehicle crashes in the U.S. is propelling the integration of ADAS & safety systems in vehicles, driving the industry growth. NHTSA is promoting safety by sharing information regarding novel vehicle technologies in the U.S. to reduce the number of accidents. Moreover, the implementation of various federal vehicle safety standards set by the Federal Government is expected to increase the market growth in the region.

The key companies in the automotive camera market include Continental AG, Veoneer, Magna International Inc., Robert Bosch GmbH, Valeo, Denso Corporation, Aptiv PLC, Mobileye, etc. These players are striving to develop advanced automotive camera systems to provide reliable & safe performance to drivers. Additionally, camera providers are collaborating with the leading tech companies to develop advanced vehicle networking systems that will be deployed in vehicles in the future.

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Browse Related Reports:

Automotive Display Market Size By Product (Center Stack Display, Instrument Cluster Display, Head-Up Display, Rear- Seat Entertainment Display), By Screen Size (<5″, 5″-10″,>10″), By Display Technology (TFT-LCD, OLED), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, Netherlands, Sweden, Poland, China, India, Japan, Taiwan, South Korea, Thailand, Brazil, Mexico, South Africa), Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2019 – 2025 

Automotive Software Market Size By Software (Autonomous Driving Software, Safety & Security Software, Vehicle Management Software, Infotainment Software), By Application (Engine Management System (EMS), Anti-Lock Braking System(ABS), Air bag control, Car Navigation System, Infotainment System, Mobility Service), By Vehicle Type (Passenger Vehicle, Commercial Vehicle), By End-use (Manufacturer Retail Store, Automotive Dealer, Automotive Repair Store, Auto Part Wholesaler & Agent), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, Sweden, China, Japan, India, Australia, South Korea, Brazil, Mexico, Argentina, South Africa, UAE, Saudi Arabia, Qatar, Oman), Growth Potential, Competitive Market Share & Forecast, 2019 – 2025

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688

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Global Automotive Camera Market Size to exceed $19bn by 2025
The parking assist applications in the automotive camera market are gaining popularity as they are installed in vehicles to assist drivers while parking their vehicles.

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Automotive Camera Market Size

Artificial Intelligence (AI) in Automotive Market Size

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SOURCE Global Market Insights, Inc.

Cheetah Mobile to Report First Quarter 2019 Financial Results on June 14, 2019

BEIJING, May 24, 2019 /PRNewswire/ — Cheetah Mobile Inc. (NYSE: CMCM) (“Cheetah Mobile” or the “Company”), a leading mobile internet company with global market coverage, today announced that it plans to release its first quarter 2019 financial results before the market opens on Friday, June 14, 2019. The earnings release will be available on the Company’s investor relations website at

Cheetah Mobile’s management will hold a conference call on Friday, June 14, 2019 at 8:00 A.M. Eastern Time or 8:00 P.M. Beijing Time to discuss the financial results. Listeners may access the call by dialing the following numbers:



United States Toll Free:      


China Toll Free:            


Hong Kong Toll Free:       


Conference ID:            

Cheetah Mobile

The replay will be accessible through June 21, 2019 by dialing the following numbers:



United States Toll Free:      


Access Code:              


A live and archived webcast of the conference call will also be available at the Company’s investor relations website at

About Cheetah Mobile Inc.

Cheetah Mobile is a leading mobile Internet company with global market coverage. It has attracted hundreds of millions of monthly active users through its mobile utility products such as Clean Master and Cheetah Keyboard, casual games such as Piano Tiles 2, Bricks n Balls, and live streaming product The Company provides its advertising customers, which include direct advertisers and mobile advertising networks through which advertisers place their advertisements, with direct access to global promotional channels. The Company also provides value-added services to its mobile application users through the sale of in-app virtual items on selected mobile products and games. Cheetah Mobile is committed to leveraging its cutting-edge artificial intelligence technologies to power its products and make the world smarter. It has been listed on the New York Stock Exchange since May 2014.

Investor Relations Contact
Cheetah Mobile Inc.
Helen Jing Zhu
Tel: +86 10 6292 7779 ext. 1600

ICR, Inc.
Jack Wang
Tel: +1 (646) 417-5395

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Belatrix Software Shares Insights At IBM Think Argentina

BUENOS AIRES, Argentina, May 24, 2019 /PRNewswire-PRWeb/ — Belatrix Software, a leading software development company, attended the IBM Think Summit in Argentina and shared insights into how organizations are using the latest technologies to create new products and services.

Belatrix’s Senior Business Development Manager, Daniel Kahan, spoke during the event about Belatrix’s expertise in IBM’s cloud service offerings as well as other technology services, such as IBM Watson.

The event focused on how organizations can use emerging digital technologies, ranging from the cloud, blockchain, hybrid infrastructure and artificial intelligence to cyber security. In particular it’s worth highlighting the approach that IBM is adopting for the cloud – offering customers a hybrid approach between cloud-native components (e.g. containers) and traditional components (e.g. virtual machines). Roberto Alexander, President and General Manager of IBM Argentina, spoke at the opening of the event, and highlighted the potential of technology to solve the “complex challenges of society and business”.

Earlier this year IBM recognized Belatrix as one of its most innovative partners. We received the “New Ecosystem” award, which recognizes excellence and innovation among IBM partners. We also recently announced the expansion of our chatbot and virtual assistant services offerings, which are based on our partnership with IBM Watson, IBM’s artificial intelligence software platform.

Speaking about the event, Daniel Kahan, said that “we continue to help organizations throughout the USA and Latin America with their digital initiatives. The world of technology changes rapidly, and those organizations that fail to keep up will find themselves falling behind their competition. We’re very proud of the work we’re doing together with IBM to help our clients use technology to create incredible software-based products and services”.

About Belatrix Software
Belatrix Software helps companies thrive in the digital world. Organizations partner with Belatrix to turn ideas into high quality, innovative software based on highly-tuned Agile development processes. Customers use Belatrix’s digital transformation services to create best-in-class software products, lower time to market, and gain competitive edge. Belatrix’s dedicated labs, focusing on UX, Cloud, mobile, DevOps, and QA automation, help organizations become digital leaders.

Belatrix’s clients include both established Fortune level and emerging, venture backed firms. Some of the firm’s clients include Disney, Adobe, AOL, PwC, and Shutterfly. Belatrix is a South American company with offices in New York, San Francisco, Barcelona, Mendoza, Buenos Aires, Bogotá and Lima. For more information, visit


SOURCE Belatrix

Recasting Traditional TV’s Role in the Age of Online and Mobile Entertainment

SINGAPORE, May 24, 2019 /PRNewswire/ — From the live black-and-white broadcast of Neil Armstrong’s first step on the Moon to the World Cup Final in ultra-high definition, television has stood the test of time often co-opting inventions that threatened disruption such as VHS, cable networks and the Internet.

Ed Barton, Chief Analyst -- TV and Entertainment, Ovum

Yet despite its enduring dominance television’s viability is at a critical juncture due to the rise of Over-the-Top (OTT) video platforms, which stream content directly to audiences via the public Internet.

Last year, OTT streaming services such as Netflix and Amazon Prime overtook pay TV subscriptions in the U.K. for the first time[1], with average daily broadcast TV viewership continuing its decline, down 38 minutes since 2012. Additionally, OTT’s unabated growth saw its revenue total $13 billion in 2018 in APAC and is projected to more than double to $32 billion by 2024, increasing $4 billion in 2019 alone[2].

In the present era where audience expectations continue to evolve, traditional television as we know it faces severe challenges unless it reinvents itself…once again.

A crowded marketplace

While the television has grown to become a mainstay in most households around the world, its reign in the living room is being challenged by the evolution of content, business models, networks and devices that are forcing traditional television players to reexamine their role in the modern household.

One key trend is the ubiquity of high-speed internet, as well as the rise of OTT and mobile video platforms which are fundamentally changing the way people watch. This has had profound impacts on audience viewing and spending habits.

Compared to the traditional pay TV model that offers a bundle of channels at a relatively high price for long commitment periods, online and mobile audiences enjoy the freedom to pick and choose from a variety of services often at low-to-no cost with availability across multiple devices.

While television broadcasters have been quick to adopt OTT and other video-on-demand (VOD) models, many have struggled to compete effectively against the native digital video platforms. The most successful broadcasters are using online and mobile television to amplify their traditional offerings and to cater to the evolving demands of audiences and advertisers. For example, by offering previous seasons of a series online in the lead up to the start of the new season on broadcast TV, while offering targeted, cross-platform advertising campaigns across broadcast, OTT, and mobile for a single buy.

Remaining competitive in today’s landscape demands more than just the newest technologies or the best content, but a strategy that addresses the varying demands of audiences around the World and across all age demographics.

Television’s new era

New technologies such as 5G mobile networks and artificial intelligence (AI) are also offering possibilities for traditional television’s revival. With exceptional bandwidth and low latency, 5G enables innovation of video in multiple areas. Augmented Reality (AR) and Virtual Reality (VR) elevate the viewing experience to provide more immersive viewing offering audiences a greater degree of control over the entire experience.

For broadcasters, AI can help automate existing workflows driving down operating expenses while enabling innovation and efficiencies in audience insight, content recommendation and predictive analytics. Though still in its infancy, we are already seeing it at work with content recommendations, ad targeting, automatic captioning and subtitling, scheduling and even AI newscasters.

While these evolving technologies provide interesting possibilities for traditional television, it is crucial that broadcasters themselves augment their offerings by ensuring the quality of the viewing experience is maintained across online and mobile devices, focusing on the content which is critical to their audiences, and working with partners to address gaps in the content and service proposition.

With Disney+, Disney’s direct-to-consumer streaming service, set to enter the market later this year traditional television players will need to consider their competitive positioning. Picking your battles and leveraging deep understanding of the viewing needs and habits of local audiences will be critical to surviving in an increasingly competitive OTT landscape, which we expect will drive the consolidation, or exit, of smaller players.

Amidst these new technologies, industry changes and evolution of audience tastes, television at its core must retain focus on the critical factor: making shows which people want to watch. The allure of good content – whether premium dramas, live sports, relevant local news — will always be the principle driver for audiences. Traditional television players have survived many threats in the past by maintaining this focus and co-opting the best of the technology innovations, and it must evolve and adapt once more in response to perhaps the most robust set of challenges it has ever faced.

For more on how television broadcasters, Pay-TV and OTT players can navigate a digital-first age, and what future audiences will be like, I’ll be sharing further in my opening address ‘The Evolution of TV, Media and Entertainment’ at ConnecTechAsia2019 Summit, Day 2, 19 June at Suntec Singapore. Additionally, join me and fellow panelists in the panel titled ‘Digital-First Dialogue: Reinventing Television’s Ambition for the Modern Age’ on the same day at 11.30am, Suntec Singapore.

For more information on ConnecTechAsia, please visit

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About UBM

ConnecTechAsia is organised by UBM, which in June 2018 combined with Informa PLC to become a leading B2B information services group and the largest B2B Events organiser in the world. Please visit for more information about our presence in Singapore.

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Artificial Intelligence in Big Data Analytics and IoT Markets, 2019 – Global Market will Exceed $24Bn by 2024

DUBLIN, May 24, 2019 /PRNewswire/ — The “Artificial Intelligence in Big Data Analytics and IoT: Market for Data Capture, Information and Decision Support Services 2019-2024” report has been added to’s offering.

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The Internet of Things (IoT) in consumer, enterprise, industrial, and government market segments has very unique needs in terms of infrastructure, devices, systems, and processes. One thing they all have in common is that they each produce massive amounts of data, most of which is of the unstructured variety, requiring big data technologies for management.

Artificial Intelligence (AI) algorithms enhance the ability for big data analytics and IoT platforms to provide value to each of these market segments. The author sees three different types of IoT Data: (1) Raw (untouched and unstructured) Data, (2) Meta (data about data), and (3) Transformed (valued-added data). Artificial Intelligence (AI) will be useful in support of managing each of these data types in terms of identifying, categorizing, and decision making.

AI coupled with advanced big data analytics provides the ability to make raw data meaningful and useful as information for decision-making purposes. The use of AI for decision making in IoT and data analytics will be crucial for efficient and effective decision making, especially in the area of streaming data and real-time analytics associated with edge computing networks. Real-time data will be a key value proposition for all use cases, segments, and solutions. The ability to capture streaming data, determine valuable attributes, and make decisions in real-time will add an entirely new dimension to service logic. In many cases, the data itself, and actionable information will be the service.

This report evaluates various AI technologies and their use relative to analytics solutions within the rapidly growing enterprise and industrial data arena. The report assesses emerging business models, leading companies, and solutions. The report also analyzes how different forms of AI may be best used for problem solving. The report also evaluates the market for AI in IoT networks and systems. The report provides forecasting for unit growth and revenue for both analytics and IoT from 2019 – 2024.

Report Benefits:

  • Forecasts for AI in predictive analytics 2019 to 2024
  • Identify highest potential AI technology area opportunities
  • Understand AI strategies and initiatives of leading companies
  • Learn the optimal use of AI for smart predictive analytics in IoT data
  • Understand the AI in Big Data, Analytics, and IoT ecosystem and value chain
  • Identify opportunities for AI in Analytics for IoT and other unstructured data

Select Report Findings:

  • Global market for AI in big data and IoT as a whole will exceed $24B by 2024
  • Embedded AI in support of IoT Things/Objects will reach $4.6B globally by 2024
  • Overall market for AI in big data and IoT will be led by Asia Pac followed by North America
  • AI in industrial machines will reach $415M globally by 2024 with collaborative robot growth at 42.5% CAGR
  • AI in autonomous weapon systems will reach $120M globally by 2024 with AI in military robotics growing at 40.3% CAGR
  • Machine learning will become a key AI technology to realize the full potential of big data and IoT, particularly in edge computing platforms
  • Top three segments will be: (1) Data Mining and Automation, (2) Automated Planning, Monitoring, and Scheduling, and (3) Data Storage and Customer Intelligence

Target Audience:

  • Internet of Things companies
  • Artificial Intelligence companies
  • Big Data and analytics companies
  • Robotics and automation companies
  • Cloud and Internet of Things companies
  • Investment firms focused on automation
  • Product and service providers of all types
  • Governments and NGO R&D organizations

Companies Mentioned

  • Amazon
  • AOL
  • Apple
  • Augury Systems
  • Baidu
  • C-B4
  • Comfy
  • Facebook
  • FocusMotion
  • Glassbeam
  • Google
  • IBM
  • Imagimob
  • Inbenta
  • Intel
  • Maana
  • Microsoft
  • mnubo
  • MoBagel
  • Moov
  • Neura
  • OpenAI
  • PointGrab
  • Salesforce
  • Sentenai
  • Sentrian
  • Skype
  • SparkCognition
  • Tachyus
  • Tellmeplus
  • Tesla
  • Twitter
  • Veros Systems
  • Yahoo

For more information about this report visit

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Laura Wood, Senior Manager  

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73% of People Don’t Trust AI Voice Technology Such as Google Duplex to Make Simple Calls, Though Trust May Build as Usage Increases

WASHINGTON, May 23, 2019 /PRNewswire/ — Nearly three-quarters of people (73%) say they are somewhat or very unlikely to trust a tool such as Google Duplex to correctly make simple calls for them. Duplex is a tool within Google Assistant that can call restaurants and book reservations using an AI-powered voice. Duplex caused controversy when it was unveiled in spring 2018 due to its lifelike realism.

This data comes from Clutch, the leading B2B ratings and reviews firm, and Ciklum, a global digital solutions company. Clutch and Ciklum surveyed 501 people who called businesses at least three times in the past six months to understand their comfort level with conversational AI tools.

Experts mentioned that people often feel hesitant toward new technologies that later become accepted, such as ATMs or self-checkout lines.

“To varying degrees, we’re all vulnerable to different forms of this anxiety when it comes to adjusting to new ideas or technological advances,” said Ivan Kotiuchyi, research engineer at Ciklum.

AI voice technology presents new obstacles for winning consumer confidence due to its lack of monitoring, though.

“On the computer, you have a user interface,” said Daniel Shapiro, chief technology officer and co-founder of, an enterprise AI consulting firm. “… You can see what it’s doing. Over the phone, you really have no idea what it’s capable of doing. You have to just believe.”

Yet, experts say that as a tool like Duplex becomes more commonplace and demonstrates its success, people will grow to trust it.

Conversational AI Opens New Security Risks

More than 8 in 10 people (81%) want AI voice technology such as Duplex to declare itself as a robot before proceeding with a call.

This desire for identification shows that people may be wary of the ways in which AI voices can be used for manipulation.

Criminals could use conversational AI to automate increasingly realistic scam calls.

“Imagine a call that comes from your boss,” WatchGuard Technologies Chief Technology Officer Corey Nachreiner said in GeekWire. “It sounds like your boss, talks with his or her cadence but is actually an AI assistant using a voice imitation algorithm. Such a call offers limitless malicious potential to bad actors.”

Overall, the survey indicates that people are presently uncomfortable with conversational AI but will likely embrace it as it grows in popularity. People should be cautious of scams that exploit the technology behind Google Duplex for malicious purposes, though.

Read the full report:

For questions about the survey, a comment on the findings, or an introduction to the industry experts included in the report, contact Riley Panko at  

About Clutch
A B2B research, ratings, and reviews firm in the heart of Washington, DC, Clutch connects small and medium businesses with the best-fit agencies, software, or consultants they need to tackle business challenges together and with confidence. Clutch’s methodology compares business service providers and software in a specific market based on verified client reviews, services offered, work quality, and market presence.

About Ciklum
Ciklum is a global Digital Solutions Company for Fortune 500 and fast-growing organizations alike around the world. 3,500+ Developers located in the Delivery Centres across the globe, provide Ciklum’s clients with a range of services including Enterprise App Development, Quality Assurance, DevOps, R&D, Big Data & Analytics.

Riley Panko
(202) 899-2779

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HBI Solutions Joins Iatric® Systems, Inc AI Solutions Center

PALO ALTO, Calif., May 23, 2019 /PRNewswire/ — HBI Solutions has partnered with Iatric® Systems, Inc.,  a healthcare technology company dedicated to helping healthcare organizations enhance their IT investments, to put predictive risk scores in the hands of care givers to prevent inpatient mortality, sepsis, reduce lengths of stay and readmissions.  

HBI Solutions uses advanced machine learning and expert feature engineering to identify patients at high risk for readmission, mortality, sepsis, and other health events and conditions. The company’s data science was developed from the ground up specifically for healthcare applications.

“HBI has spent years proving our models in real patient care situations, and validated them through peer-reviewed research studies,” said Eric Widen, HBI Solutions CEO. “With an integration partner like Iatric Systems, we are able to put real time results in the hands of care givers who save lives every day.”

“We are proud to partner with HBI Solutions to help bring artificial intelligence to the forefront of patient care” per Frank Fortner, Iatric® Systems Executive Vice President

Visit the AI Solutions Center at Iatric Systems AI Solutions Center

About Iatric Systems, Inc

Iatric Systems, an independent business unit of Harris Healthcare, is a healthcare technology company dedicated to helping hospitals enhance their IT investments. We do so with our diverse healthcare experience, an extensive partner network, and our proven capabilities in interoperability, privacy & security, and EHR optimization. For almost 30 years, Iatric Systems has delivered solutions to more than 1,300 healthcare organizations and has integrated more than 800 vendor solutions. For more information, contact Iatric Systems at, visit our website at, or connect with us on Twitter, Facebook, and LinkedIn.

Iatric Systems, Inc.:
Judy Volker
Marketing Director

About HBI Solutions

HBI Solutions was founded in 2011 by a physician, a data scientist, and a healthcare IT business executive who shared a vision of improving health and reducing costs. Today, our expert staff includes researchers, physicians, data scientists, healthcare IT executives and developers. Our solutions are grounded in clinical care and data science, and our work is prospectively tested, peer-reviewed, and published in leading medical journals. At HBI, we continually seek to build or innovate on these solutions to provide more value to our clients and support delivery of better care at a lower cost. Visit them online at, follow them on LinkedIn or Twitter

HBI Systems, Inc.
Laura Kanov 

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SOURCE HBI Solutions

Expert System Accelerates Expansion with New Fundraising

ROCKVILLE, Md., May 23, 2019 /PRNewswire/ — Expert System announced plans to accelerate its expansion in the United States, after raising $7.8 Million in new capital.  The funds were raised by means of a capital increase offered up for subscription to a pool of private investors including Claudio Costamagna, Diego Piacentini, and Francesco Caio.

Expert System Logo (PRNewsFoto/Expert System)

With its EBIDTA growing more than 300% over the past year, and recurring licenses now representing 72% of revenue, Expert System confirmed the solid positioning of its Artificial Intelligence platform, Cogito®, in the intelligent process automation and knowledge discovery markets. Now, with strong commitments to Publishing & Media and Intelligence & Law Enforcement, and a growing focus on Insurance and Banking, Expert System is positioning itself for further growth by strengthening its sales & marketing operations, and consolidating strategic alliances with Robotic Process Automation players and other AI-related platforms.

“Momentum in the Artificial Intelligence market may help companies gain market share, but success depends on proven experience, skills, product quality and fit,” said Stefano Spaggiari, CEO of Expert System Group. “Further improvements to the Cogito Artificial Intelligence platform and the consolidation of our positioning in the market are our priorities to support future plans and expansion in the US. We are honored to have new shareholders that can help us speed up our growth.”

The Expert System capital increase was subscribed by a newco (ERGO) controlled by a pool of private investors including: Claudio Costamagna, who spent more than 18 years at Goldman Sachs before becoming the chairman of Cassa Depositio e Prestiti, the Italian National Promotional Institution; Francesco Caio, former CEO of Poste Italiane, the largest infrastructure in Italy active in the areas of postal services and logistics as well as in financial and insurance services, and currently chairman of Saipem, a leading company in engineering, drilling and construction of major projects in the energy and infrastructure sectors; Diego Piacentini, who, after 13 years at Apple, joined Amazon’s senior executive team, reporting directly to Jeff Bezos, and led the company’s International business for 16 years. On leave from Amazon since 2016, Mr Piacentini led for two years the Digital Transformation initiative of the Italian government.

As part of its acceleration plans, Expert System added new hires in the US, starting from experienced sales talents for the Insurance and Banking industries, strengthened the certification program for partners to guarantee an even more profitable AI training path, and has been bringing advanced uses cases to the RPA market to help organizations extend their automation initiatives to more complex, valuable and expensive tasks.

About Expert System
Expert System (EXSY:MIL) is a leader in Artificial Intelligence applied to text. Its flagship Cogito® platform, based on a unique blend of semantic technology and machine learning, helps organizations deploy cognitive automation to accelerate business processes, improve information management and make smarter decisions. Expert System’s solutions have been deployed in media, customer care, compliance, third party risk mitigation and intelligence applications by leading organizations such as AXA XL, Bayer, Bloomberg BNA, BNP Paribas, Clarivate, Eli Lilly, Gannett, Generali, IMF, Lloyd’s of London, Sanofi, US Department of Agriculture, US Department of Justice and Zurich Insurance Group.

For more information visit, follow us on Twitter at @Expert_System 

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