Press Releases

How Robots and Artificial Intelligence Will Transform Mining

LONDON, December 14, 2017 /PRNewswire/ —

Drones are sweeping over the global mining industry and for good reason. The future of mining will increasingly rely on the use of drones and automated systems, slashing costs while helping mining companies find and dig up more gold, silver and other metals and minerals. Included in today’s commentary: Barrick Gold Corporation (NYSE: ABX), Pan American Silver Corp. (NASDAQ: PAAS), Ambarella Inc. (NASDAQ: AMBA), Hecla Mining Company (NYSE: HL), Goldcorp Inc. (NYSE: GG)

According to a 2015 survey of 190 mining companies around the world, about two thirds of them were aiming to integrate remote operations and monitoring centers into their operations. And in addition to improving safety and improving the management of mining operations, the push for automation was consistently stated as a top priority for most mining companies.

The reason for the use of drones, robots, driverless trucks, remote drilling and other areas of automation is obvious: they can dramatically slash the cost of exploration. Instead of using helicopters or a field crew to survey an area, for instance, a drone can do the same job at a fraction of the cost and also save a huge amount of time.

Automation continues to sweep over the global mining industry because it can “save lives, and also save time and save money,” Mehmet Kizil, associate professor and mining-engineering program leader at the University of Queensland in Australia, told the WSJ. “The industry’s made a big jump in adopting this technology because the biggest cost in mining is labor.”

The miners that try to do it the ol’ fashioned way, with a pick and shovel, will be left in the dust.

Here are a few companies at the frontier of the new tech-craze in global gold and silver mining:

#1 Barrick Gold (NYSE: ABX)

Barrick Gold is a top gold miner, with gold producing assets in Argentina, Canada, Peru, the Dominican Republic and the United States. At the end of 2016, Barrick Gold had 86 million ounces of proven and probably gold reserves.

Its core operations are located in Nevada, Peru, the Dominican Republic and Argentina.

Barrick has been a pioneer in the use of new technologies, such as drones, that dramatically cut costs and improve safety.

Barrick first began using drones in 2012, an early adopter because it recognized the enormous advantages of that drones bring to bear on mining operations. Barrick uses drones at most of its mines, and at its Dominican Republic operation, it uses a drones every single day.

“Everyone in the industry is realizing the value of drones. They’ll soon become a standard practice,” Iain Allen, Barrick Gold’s senior manager for mining information technology, told Inside Unmanned Systems in late 2016. “There’s just too much value not to have one.”

Barrick first use drones to measure stockpiles, which was once a labor-intensive process using surveyors and GPS equipment that wasn’t all that accurate. But the gold mining company now has drones do all of that measuring, eliminating several weeks of work in one pass.

Not only would the surveyor manually scan the area, but then he would have to crunch the numbers on his own. Now a drone flies over an area, automatically uploads data to the cloud, and within hours it has a 3D model of the area it scanned – saving money, time and taking personnel out of harm’s way.

Before drones, Barrick also used LiDAR scanners, but those cost $180,000. One of the drones that Barrick began using in 2014 only cost $20,000.

Barrick was hit hard by the downturn in commodity prices over the past few years, and its production fell as a result. But it also managed to cut debt almost in half over the past half-decade through innovation and savings. And after several years of contraction, the commodity bust is coming to an end, and Barrick will ride higher when prices rebound.

#2 Montego Resources (MY; FRA:4MO1)

An intriguing option for investors is a smaller silver mining company called Montego Resources which is the 100 percent owner of a mine in Nevada that has been producing silver for more than a century.

Montego’s Taylor Mine is at the heart of a long-forgotten silver and gold boom, an area that was abandoned when pick-and-shovel miners no longer felt like the site was worth the trouble. However, Montego is back, armed with new technology that will help it ‘re-discover’ a mountain of silver that lies beneath the Taylor Mine.

Montego will deploy drones to conduct 3D maps of the architecture of the subsurface, while using robo-drill methods to collect soil samples. This will be done at a fraction of the cost of manned aerial surveys of yesteryear, and it will allow Montego to figure out exactly what it is dealing with before it drills.

The financials look great too. An estimated $27 million has already been spent on the project, so there is very little capex that needs to go into the project. Meanwhile, the mine already has 20 million ounces of silver, and Montego is very confident that an upcoming drilling program will prove the site actually holds double that volume – 40 million oz.

They even say there is a chance that they could prove up 70-75 million oz. That is a stunning scenario – Montego currently has a small $10 million market cap, but if it was sitting on 75 million oz, it would be in possession of over $1 billion in silver reserves.

The cherry on top is that Montego’s Taylor project also holds sizable volumes of gold, and the geology shows Carlin-style mineralization of 1.7 grams per ton of gold.

Headed up by an experienced management team with geologists and capital-markets experts, Montego is rearing to go in early 2018. The executives are extremely confident in Montego’s next steps: a January drilling program will ‘re-discover’ huge volumes of silver, a near-term catalyst that will catapult the company’s valuation higher.

#3 Pan American Silver (NASDAQ: PAAS)

Pan American Silver Corp is a major silver producer, with mining operations concentrated in Mexico and South America. It is the second-largest primary silver producer in the world and also holds the fourth-largest silver reserves at 286 million oz (proven and probable).

The Vancouver based miner is one of the best ways to play silver prices, which are currently trading at about a third of their highs last seen in 2011. Silver has been battered in recent years, but the market is in the midst of turning a corner.

Here’s why.

Last year saw an uptick in interest from investors, on geopolitical uncertainty. Also, 2016 saw the largest supply deficit in three years at 147 million oz, according to Thomson Reuters. That supply gap was in part due to a small decline in production in 2016, the first time that occurred since 2002. After years of getting hammered, prices shot up more than 9 percent, the first increase in a half-decade.

That’s why the world’s second largest silver miner deserves a serious look.

Pan American has several mine expansions ramping up, including the La Colorada and Dolores mines in Mexico, while also stepping up exploration in Argentina. Meanwhile, the mining giant is a 100 percent owner of the Navidad asset (also in Argentina), one of the world’s largest undeveloped silver deposits, although that project has been held up by provincial laws in Argentina. Pan American has a very low cost of production at $5.04/oz, or an all-in sustaining cost per silver ounce sold (AISCSOS) of $10.77.

The management team, with a track record of success, continues to push mechanization and automation at many of its mines, which helps keep costs low.

#4 Ambarella (NASDAQ: AMBA)

Ambarella Inc. is as semiconductor and image processing company and develops low-power high-definition video products. Ambarella made waves at the 2017 Consumer Electronics Show when it announced the H22 chip for cameras in drones.

It films 4K HD video that comes equipped with electronic image stabilization, cutting out the need for the gimbals that are often found on drones. Gimbals allow cameras to pivot without causing the camera to shake, but they are heavy, which means shorter flight times.

But Ambarella’s H22 chip could take drone use to the next level by eliminating unnecessary weight. The exciting thing about what Ambarella is offering is that most drone manufacturers are still using gimbals, which means the market for Ambarella is massive.

Meanwhile, Ambarella also unveiled its H3 chip earlier this year, which is used in 8K Ultra HD video for higher-end drones, according to MarketWatch. 8K offers 16 times the resolution of HD.

In short, Ambarella is the market leader for the cameras used in commercial drone technology, giving it huge upside potential as the mining industry continuously shifts in that direction.

#5 Hecla Mining Company (NYSE: HL)

Hecla Mining Company is the oldest silver and gold mining company in North America and it is currently the largest primary silver producer in the U.S.

Hecla has added nearly 300 million oz of silver reserves in the last 10 years. But even better, as Hecla’s management likes to say, not all silver ounces are equal. Hecla operates in the U.S., Canada and Mexico, negating much of the country risk seen in many other parts of the world. It has four key mines, located in Idaho, Alaska, Quebec and Durango, Mexico.

Hecla’s cost structure is highly attractive, one of the lowest in the business, with AISC of $9.97/oz in the second quarter of 2017.

Hecla pursues innovation and automation to keep those costs low. Hecla is automating its Greens Creek project in Alaska. And instead of the pick axes of the past, Hecla’s shaft operators use rock breakers from behind computer screens at the surface.

It is experimenting with mechanical cutting to eliminate the need to drill and blast, which the company believes will revolutionize mining. Hecla also uses drilling automation that allows for drilling during shift change, significantly reducing the cost and time of drilling.

Hecla deployed an intelligent automated truck this year, able to handle automated haulage, which carries multiple benefits including improved safety, productivity and profitability.

Honorable mentions

Goldcorp (NYSE:GG) is a massive precious metals company based in Canada. Goldcorp’s properties, however, extend to the United States, Mexico, Central America, and all the way to Argentina and Chile. Its primary product is gold, and it is the world’s fourth-largest gold producer. Goldcorp has partnerships with some of the world’s most reputable precious metals company, and owns some of the world’s most productive mines.

By. Joao Piexe

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More Than 90 Percent of Cybersecurity Professionals Concerned About Cybercriminals Using AI in Attacks

BROOMFIELD, Colo., Dec. 14, 2017 /PRNewswire/ — Webroot, the Smarter Cybersecurity® company, revealed the results of a new global survey, “Game Changers: AI and Machine Learning in Cybersecurity.” The results reveal that 95 percent of IT security professionals say machine learning is a critical component in a cybersecurity strategy.

Webroot logo. (PRNewsFoto/Webroot)

Conducted in conjunction with Wakefield Research, the study also demonstrates the attitudes among cybersecurity professionals toward security spending priorities, as well as the role of artificial intelligence (AI) and machine learning in their information security strategy and cyber defense. The survey is part of the company’s Quarterly Threat Trends newsletter focusing on security trends and predictions for 2018.

Explore the Results: Game Changers: AI and Machine Learning in Cybersecurity

Key Findings:

  • The U.S. is an early adopter of AI for cybersecurity and 87 percent of U.S. cybersecurity professionals report their organizations are currently using AI as part of their cybersecurity strategy.
  • Three quarters of cybersecurity professionals in the U.S. believe, within the next three years, their company will not be able to safeguard digital assets without AI.
  • Overall, 99 percent of U.S. cybersecurity professionals believe AI overall could improve their organization’s cybersecurity. Drilling down, respondents detailed using AI for time-critical threat detection tasks, such as identifying threats that would have otherwise been missed and reducing false positive rates.
  • The majority of cybersecurity professionals (91 percent) are concerned about hackers using AI against companies in cyberattacks.
  • AI will show up in future budgets – 97 percent of cybersecurity professionals in the U.S. report their organization has plans to increase budget for AI and machine learning tools or solutions within the next three years.

Key Quote:

Hal Lonas, Chief Technology Officer, Webroot
“There is no doubt about AI being the future of security as the sheer volume of threats is becoming very difficult to track by humans alone. We stress to organizations the importance of a contextual view of threats that also incorporates visibility and data points from networks, endpoints, and human threat researchers to derive the most accurate cyber risk assessment. As the results reveal, AI is here to stay and it will have a large impact on security strategies moving forward.” 

Tips for Organizations to incorporate AI / Machine learning technologies:

  • Hire and develop AI/machine learning experts – These technologies cannot replace a human. The use of machines and algorithms requires human training and oversight. The machines must be taught what is bad, what is good, and when to flag unknown threats to humans.
  • Think outside the box – Cybercriminals are beginning to use AI and machine learning to develop even more advanced threats. As they continue to innovate, it takes more creativity to stay ahead of them. Let the machines solve the simpler problems, so human experts have more time to think of new ways to solve problems and identify threats.
  • Learn from your mistakes – Organizations need to accept that, at some point, their systems will be compromised. Rather than viewing this as a net-negative, organizations can learn from breaches by identifying and analyzing normal and abnormal network behavior across their entire business, thereby gaining a greater understanding of threats and how to respond.
  • Automate – Deploy advanced AI and machine learning-based technologies to automate policy enforcement, block malicious files and inbound malicious IPs, and protect against sophisticated phishing attacks and malicious websites. Machine learning won’t replace human intelligence, but can be used to automate and speed up security operations and repetitive tasks.

Additional Resources:

Report Methodology:
Commissioned by Webroot in conjunction with Wakefield Research, the survey was conducted among 400 cybersecurity professionals at companies with 100 or more employees in the U.S. (200 respondents) and Japan (200 respondents), between October 30 and November 6, 2017.

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

Social Media: Twitter | LinkedIn | YouTube | Facebook

©2017 Webroot Inc. All rights reserved. Webroot, SecureAnywhere, Webroot SecureAnywhere, Webroot BrightCloud, BrightCloud, and Smarter Cybersecurity are trademarks or registered trademarks of Webroot Inc. in the United States and other countries. All other trademarks are properties of their respective owners. 

 

 

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SOURCE Webroot

KnowBe4 Is Recognized by Frost & Sullivan as a Customer Value Leader for Its Cybersecurity Training Platform

SANTA CLARA, Calif., Dec. 14, 2017 /PRNewswire/ — Based on its recent analysis of the cybersecurity awareness and training platforms market, Frost & Sullivan has recognized KnowBe4 with the 2017 North American Customer Value Leadership Award for its integrated security awareness training and simulated phishing platform that teaches clients how to identify and avoid social engineering attacks.

2017 North American Cybersecurity Awareness and Training Platform Customer Value Leadership Award

As part of its security awareness training, KnowBe4 simulates a phishing attack on a client’s organization to gain a baseline percentage of employees likely to fall victim to such an attack. KnowBe4 offers automated and interactive web-based training programs using the world’s most extensive library of security awareness training content—including videos, games, newsletters, interactive modules, and posters that improves employees’ Phish-prone™ percentage. Clients have unlimited use of KnowBe4’s hundreds of phishing templates to test employees on a regular, ongoing basis to help keep security top of mind.

“After ‘testing’ a company’s employees, KnowBe4 provides detailed reporting on employees’ actions to help organizations determine further training requirements, states Frost & Sullivan Industry Analyst, Danielle VanZandt. “KnowBe4 seeks to identify and target its training—thinking like a hacker—for the benefit of organizations; helping minimize security risks.”

KnowBe4 also offers solutions that clients can use on their own, including:

  • Automated Security Awareness Program (ASAP): This tool is a free online tool that allows IT admins to customize their own training program through a questionnaire they fill out regarding their organization. The tool then offers relevant training suggestions.
  • Email Exposure Check Pro (EEC) conducts a deep web search on the email addresses of an organization that are publicly available to detect the most at risk employees.
  • Social Engineering Indicators: This solution helps employees recognize red flags in simulated phishing emails.
  • Second Chance flags questionable links within an email or attachment, lets employees know, and asks if they wish to proceed anyway.
  • AIDA™ is a machine learning artificial intelligence platform that works as a chatbot and simulates ways that an attacker engages people through different channels.
  • Smart Groups is a feature that allows clients to upgrade the security level of each employee, utilizing rules-driven phishing template deployment.
  • Content Variation: The company understands that content is an essential aspect of information retention; therefore, it creates materials in various forms for clients, ranging from extremely corporate-friendly and “safe” to more edgy styles using humor. 

KnowBe4’s platform can help organizations cut employees’ tendency to fall for phishing scams from an average of 16% to just 1.2% over the course of one year. It is this type of proven success that accounts for the company’s 300% year-over-year growth rate and positions the company well moving into the future,” said VanZandt.

Each year, Frost & Sullivan presents this award to the company that demonstrates excellence in implementing strategies that proactively create value for its customers with a focus on improving the return on the investment that customers make in its services or products. The award recognizes the company’s unique focus on augmenting the value that its customers receive, beyond simply good customer service, leading to improved customer retention and customer base expansion.

Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

About KnowBe4

KnowBe4, provider of the world’s most popular integrated new-school security awareness training and simulated phishing platform, is used by more than 14,000 organizations worldwide. Founded by data- and IT-security expert Stu Sjouwerman, with backing from Elephant Partners and Goldman Sachs Growth Equity, KnowBe4 helps organizations address the human element of security by raising awareness of ransomware, CEO fraud and other social engineering tactics through a new-school approach to security awareness training. Kevin Mitnick, internationally recognized computer-security expert and KnowBe4’s Chief Hacking Officer, helped design KnowBe4’s training based on his well-documented social engineering tactics. Thousands of organizations leverage KnowBe4 to train their workforce to make smarter security decisions and create a human firewall as an effective last line of defense.

KnowBe4 is ranked #231 on the 2017 Inc. 500 list, #70 on Deloitte’s 2017 Technology Fast 500 and #6 in Cybersecurity Ventures Cybersecurity 500. KnowBe4 is headquartered in Tampa Bay, Florida with European offices in London and Amsterdam. For more info, visit http://www.knowbe4.com and follow Stu on Twitter at @StuAllard.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector, and the investment community. Contact us: Start the discussion.

Contact:

Claudia Toscano
P: 210.477.8417
F: 210.348.1003
E: Claudia.Toscany@frost.com

 

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SOURCE Frost & Sullivan

SAS® Platform delivers integrated user experience, improved forecasts and SMB flexibility

HUIZEN, Netherlands, Dec. 13, 2017 /PRNewswire/ — Companies in a variety of industries and sizes have turned to analytics leader SAS to gain value from data with the SAS Platform and its SAS® Viya® products.

Recent adopters from the Netherlands include Euramax (supplier of premium coil-coated aluminum); Notilyze (specializing in data science for small and midsized businesses); NVM (an organization of real estate agents and appraisers); SciSports (sports analytics firm); and SUEZ (improving waste and raw material management).

Euramax unifies data, analytics and visualization with a consistent user experience
Euramax Coated Products supplies premium coil coated aluminum all over the world for applications in architectural products, transportation and corporate identity design. The leadership team at Euramax knows the company’s success can depend on understanding and sometimes even redefining the future. That’s why the company is committed to business analytics and data exploration. SAS allows Euramax to gain more dynamic reporting and exploration capabilities and enhance mobility with the ability to carry data out into the field and share it with customers. With the newest upgrades to the SAS Platform, Euramax plans to take its data exploration to the next level.

“SAS is already helping us make better business decisions with SAS Visual Analytics, and these newest upgrades to the platform are going to give us even more insights,” said Peter Wijers, Business Support Manager at Euramax. “The ability to integrate more data sources and systems, apply advanced analytics to that data, and then visualize the data all in one interface with a consistent user experience will allow us to discover even more ways to excel our business.”

SUEZ uses machine learning to improve sales performance
SUEZ Recycling and Recovery specializes in waste and raw material management and is a driver of the raw materials revolution to help protect natural resources. From more than 40 branches across the Netherlands, SUEZ advises approximately 4.5 million households and 80,000 companies about their waste management. To serve customers more effectively in the digital landscape, SUEZ must monitor data about their customers in real time. SUEZ used the SAS Platform to create a tool to improve its sales process and performance.

Prior to SAS, the sales teams at SUEZ did not have a reliable view into data about their customers and prospects. Now, sales reps are provided with a tablet where they can access the most up-to-date customer profiles and receive customized recommendations about where to concentrate their sales efforts each day. Inside sales can also use the same data and forecasts tracked by outside sales to help make decisions about customers and prospects that they are speaking to over the phone. This creates a unified approach to sales across the organization, and ultimately helps improve customer relationships.

“SUEZ can pull all of our massive amounts of data into the SAS Platform, not just a sampling, and run the most sophisticated machine learning algorithms on it to create the more accurate forecasts for our sales team,” said Teddo van Mierle, Marketing Intelligence Expert at SUEZ. “One interface that can be used across the organization that creates a single version of the truth is improving the way we do business. Not only do we have the statistics in SAS, we now have the data collection, preparation and visualization all in one platform. Plus, we can deploy the models in a scalable, aligned and auditable way, and continuously feed the model new data to make it smarter and smarter over time. The better the forecasts, the better SUEZ is able to serve our customers.”

Notilyze helps SMBs embrace analytics
Small and midsized businesses (SMBs) can find it difficult to capitalize on the benefits of analytics. Dutch startup company Notilyze uses SAS to deliver data-science services on a pay-as-you-go subscription model. This model helps SMBs and entrepreneurs to capitalize on opportunities offered by the analytics-driven economy and Internet of Things without having to hire their own data scientists. Notilyze works exclusively with experienced data scientists so customers get answers to their questions and benefit from innovative insights and algorithms.

“SMBs are aware of the opportunities that come from using their data, but are at a loss to know where to start, and lack the knowledge and resources to do so. On top of that, the costs involved can be high,” says Colin Nugteren, Notilyze’s founder and CEO. “Together with SAS, we are offering these organizations a platform in a reliable cloud environment where their data is analyzed. The customer tells us the issues, and Notilyze data scientists select the necessary data and perform the analyses to deliver the answers. The customer can consult the results through dashboards and real-time web services, accessible wherever and whenever they like.”

An enhanced SAS Platform encompasses the entire analytics life cycle
The new, interactive visual interface to the SAS Platform is now available as of Dec. 12. New products as well as enhancements to existing products help users improve productivity by seamlessly transitioning through the stages of the analytics life cycle – from data to discovery to deployment.

  • Data
    • New SAS Data Preparation provides self-service data wrangling, transformations, blending and cleansing of data, with automatically generated code fit for IT scheduling as data refreshes
  • Discovery –
    • SAS taps into the latest deep learning algorithms and continues to invest heavily in embedding artificial intelligence (AI) into products, starting with SAS Visual Data Mining and Machine Learning and SAS Visual Text Analytics  
    • New SAS Visual Text Analytics is a modern, flexible and end-to-end text analytics framework that combines text mining, contextual extraction, categorization, sentiment analysis and search. It automates feature extraction and business-rule generation using modern machine learning approaches.
    • SAS Visual Analytics adds new ways to visualize data relationships (e.g., D3 objects, Google charts), taps into the power of location analytics, includes enhanced calculations, links and parameters, and brings a unified user experience for self-service BI, discovery and analytics.
  • Deployment –
    • SAS Model Manager for central management and monitoring of inventories of SAS and other models
    • SAS Decision Manager for automating tactical decisions based on models and associated business rules
    • This latest release includes new managed software as a service offerings on the SAS Cloud and continues to support public cloud deployments through Amazon Web Services, Microsoft Azure and others.

About SAS
SAS is the leader in analytics. Through innovative analytics, business intelligence and data management software and services, SAS helps customers at more than 83,000 sites make better decisions faster. Since 1976, SAS has been giving customers around the world THE POWER TO KNOW®.

SAS and all other SAS Institute Inc. product or service names are registered trademarks or trademarks of SAS Institute Inc. in the USA and other countries. ® indicates USA registration. Other brand and product names are trademarks of their respective companies. Copyright © 2017 SAS Institute Inc. All rights reserved.

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SOURCE SAS

GAIN Capital Launches AI-Enhanced Trading App, GetGo

BEDMINSTER, N.J. and LONDON, Dec. 13, 2017 /PRNewswire/ — GAIN Capital Holdings, Inc. (NYSE: GCAP), a global provider of online trading services, today launched GetGo, an innovative financial trading app. The new mobile-only service uses a smart AI-enhanced algorithm to spot statistical trends in financial markets and provide users with compelling trading signals based on historical data.   

“GetGo is an intelligent and engaging way to trade financial markets, especially for those who are interested in taking advantage of shorter-term trading opportunities but are deterred by the apparent complexity and the time commitment associated with traditional trading,” commented Glenn Stevens, CEO GAIN Capital. “We’re excited about the significant opportunity this product offers in bringing AI-enhanced trading strategies to new audiences.”

GetGo’s proprietary algorithm is the result of several years’ work and tens of millions of back tests by a team of quantitative finance experts. The program uses artificial intelligence and machine learning to analyze millions of data points every hour to signal trading opportunities with strong historic track records.

GetGo will initially cover 40 markets, including FX, indices and gold. When the algorithm spots a pattern it recognizes it sends the user a signal through the app, which they can review, evaluate the potential upside and maximum downside for the trade, and decide whether to execute the trade. Users can also configure the number of signals notifications they receive based on various parameters, including signal strength, opportunity rating of the trade, and time of day.

Lex Webster, SVP Strategy, GAIN Capital added: “With GetGo we wanted to create a product that would generate high-quality trading signals based on data and statistics, while stripping back the complexities of traditional platform trading via a simplified mobile user experience. GetGo doesn’t just identify dozens of new trade opportunities each day, it applies trade management rules to offer a potential upside greater than the maximum downside on each trade. These features include automatic position closure when the trade signal expires and free guaranteed stop losses on every trade. Users also have flexibility to either watch their trades unfold in real time, or set and forget with confidence that GetGo will manage their open positions.” 

Transparency of performance is a key part of the GetGo offering. The app provides account level performance data as well as overall win/loss rates and best and worst signals. GetGo is now available in the United Kingdom on the Apple App Store and will be available in the Google Play Store in the coming months. The Company has plans to rollout GetGo in additional markets throughout 2018.

Want to tweet about this?

GAIN Capital launches AI-enhanced trading app @GetGoTrade that strips out many of the complexities usually associated with financial markets #trading #fintech #signals http://www.getgo.trade/ 

About GAIN Capital

GAIN Capital Holdings, Inc. provides innovative trading technology and execution services to retail and institutional investors worldwide, with multiple access points to OTC markets and global exchanges across a wide range of asset classes, including foreign exchange, commodities, and global equities. GAIN Capital is headquartered in Bedminster, New Jersey, with a global presence across North America, Europe and the Asia Pacific regions.  For further company information, visit www.gaincapital.com.

About GetGo

GetGo is a unique algorithm-based trading app that delivers a totally new way to trade. It’s the latest offering from GAIN Capital, a global leader in online trading.

GetGo’s algorithms analyse millions of data points every hour to produce trade signals on 40 markets including FX, indices and gold.  When GetGo spots a pattern that has historically led to a consistent outcome, it pings the user a signal they can trade in a couple of taps. The trade signals are packaged up with smart risk management rules to deliver a trading experience with protected downside through the use of guaranteed stop losses on every trade.

The GetGo app is designed to be simple and fun to use, and allows new traders to get started with as little as £10.  For further information or to register for a GetGo account visit www.getgo.trade.

GAIN Capital Holdings, Inc. Logo. (PRNewsFoto/GAIN Capital Holdings, Inc.)

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SOURCE GAIN Capital Holdings, Inc.

UST Global Featured in Women in Cable Telecommunications Event ‘Tech It Out’

DENVER, Colorado, December 13, 2017 /PRNewswire/ —

UST Global, a leading digital technology services company, announces that it was featured in Women in Cable Telecommunications (WICT) conference ‘Tech It Out’, recently held in Denver, Colorado.

     (Logo: http://mma.prnewswire.com/media/540539/UST_Global_Logo.jpg )

Established to support learning and leadership development of women in technology careers, ‘Tech It Out’ had female and male professionals from organizations throughout the industry to learn about the latest trends in innovation and leadership.

Dr. Adnan Masood, Chief Architect of AI and Machine Learning, UST Global , spoke at the ‘Tech Show and Tell,’ one of the most popular segments of the event. Dr. Masood gave a brief overview of UST Global, showcased a live demo on Democratizations of Artificial Intelligence/Machine Learning, and also presented how the cutting-edge use of algorithms without specialized training using APIs and pre-training machine learning models can help democratize AI and Machine Learning.

Commenting on the event, Dr. Adnan Masood, Chief Architect of AI and Machine Learning, UST Global, said, “Events like WICT help bring the spotlight on women leaders within the organization and the industry. UST Global recognizes diversity as a strength and is happy to partner with these efforts and highlight contributions.”

He further added, “Artificial Intelligence is not something right around the corner anymore. The ambient intelligence is growing around us in the form of IoT devices and context-sensitive data-intensive algorithms which transforms the way we interact with the world every day. The shift from Digital Native to AI-First, and eventually AI Native is unfolding right in front of our very eyes, at a very fast pace. For an organization’s success in industry 4.0 world, they need to embrace the democratization of AI and take skilling-up very seriously.”

Dr. Masood also joined a panel of other distinguished leaders that included Gurpreet Kaur, Communications Director at Charter Communications; and Neill Kipp, Engineer and Cloud Software Architect at Comcast. Dr. Masood discussed UST Global’s work with Stanford AI Lab, and MIT CSAIL, and how the researchers like Dr. Fei Fei Li, and Dr. Regina Barzilay in Artificial Intelligence and Machine Learning realm are making significant scientific breakthroughs.

Laura Deitch, Client Executive, UST Global, said, “There is very low percentage of woman in the technology pipeline, and it decreases further at the leadership position levels. I am thrilled to be on the Board of Directors at WICT where they empower woman to become leaders in a male dominated industry.”

About UST Global 

UST Global® is a leading digital technology company that provides advanced computing and digital services to large private and public enterprises around the world. Driven by a larger purpose of Transforming Lives and the philosophy of ‘fewer clients, more attention’, we bring in the entrepreneurial spirit that seeks the fastest path to value in today’s digital economy. Our innovative technology services and pioneering social programs make us unique. UST Global is headquartered in Aliso Viejo, California and operates in 25 countries. Our clients include Fortune 500 companies in Banking and Financial Services, Healthcare, Insurance, Retail, High Technology, Manufacturing, Shipping, and Telecom. UST Global believes in building long-lasting, strategic business relationships through agile and client-centric global engagement models that combines local experts & resources with cost, scale, and quality advantages of global operations.

For more information, please visit: http://www.ust-global.com.

SOURCE UST Global

Cheetah Mobile Collaborates with Microsoft on AI Services

SAN FRANCISCO, Dec. 13, 2017 /PRNewswire/ — Cheetah Mobile Inc. (NYSE: CMCM), a leading mobile internet company with strong global vision, and Microsoft Corp. today announced a collaboration to incorporate Microsoft’s AI-based technologies and services into Cheetah Mobile’s product matrix. As the first phase of the collaboration, Microsoft’s Cortana virtual assistant will be integrated into Cheetah Mobile’s leading mobile launcher app, CM Launcher, making it the first mobile launcher app to incorporate Cortana. Going forward, Microsoft and Cheetah Mobile plan to cooperate on additional Cheetah Mobile products, such as Cheetah Keyboard.

Through the collaboration, CM Launcher users gain access to Cortana’s wide range of voice-controlled features, while Microsoft is able to advance its core strategy of bringing Cortana to more users and devices. The collaboration also matches Microsoft’s resource and platform advantages with Cheetah Mobile’s strengths in the mobile market.

The Cortana version of CM Launcher is now available as an open beta in the United States, Britain, Canada and Australia. The official version will be released in the above countries in January 2018.

“Partnering with Microsoft fits perfectly with Cheetah’s mission to make the world smarter and power our mobile apps with AI technologies,” said Fu Sheng, CEO of Cheetah Mobile. “CM Launcher is already the market leader in terms of personalization options, but now, with Cortana, we can bring more smart services to our users.”

The integration of Cortana brings several new features to CM Launcher, including the ability to make hands-free calls, create events, read news headlines, translate and search the web. In addition to voice-controlled features, CM Launcher uses Cortana to provide event reminders, nearby restaurant recommendations and news headlines within CM Launcher’s user interface. Cortana also offers cross-device compatibility, allowing users to log into CM Launcher with their Microsoft accounts to receive notifications such as missed calls and incoming messages on other devices.

“Our goal with Microsoft Cortana is to provide intelligent assistance to help people achieve more while doing less, across their work and personal lives. The integration of Cortana and CM Launcher allows more mobile users access to Cortana to help them get things done wherever they are,” said Jordi Ribas, Corporate Vice President of AI Products at Microsoft. “This represents just the first step in our partnership with Cheetah Mobile, as we hope to integrate Cortana into additional apps and launchers in the future.”

CM Launcher will continue to add new Cortana features going forward, some of which will be unique to CM Launcher. Through Cortana, CM Launcher users will also gain access to other Microsoft resources such as Microsoft Office, as well as third-party partner services, including music, movies, ride-hailing and Cortana-connected speakers.

Partnering with CM Launcher allows Cortana to tap into CM Launcher’s large user base. CM Launcher is available in more than 200 countries and regions, including the U.S., India, Indonesia, Brazil and Russia, with nearly 300 million total downloads as of the date of this announcement.

CM Launcher beta link: https://play.google.com/apps/testing/com.ksmobile.launcher

About CM Launcher

The world’s leading personalization app for Android, CM Launcher offers thousands of 3D themes, wallpapers and other customization options. Covering more than 200 countries and regions, it has been ranked first in the personalization category of the Google Play store in 94 countries with nearly 300 million total downloads. CM Launcher was recently ranked #1 in the overall free app rankings on Google Play in the United States.

About Cheetah Mobile

Cheetah Mobile is a leading mobile internet company with strong global vision. It has attracted hundreds of millions of monthly actively users through its mobile utilities products such as Clean Master and Cheetah Keyboard, casual games such as Piano Tiles 2, and its live streaming product Live.me. The Company provides its advertising customers, which include direct advertisers and mobile advertising networks through which advertisers place their advertisements, with direct access to highly targeted mobile users and global promotional channels. 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.

For more information about Cheetah Mobile and its products, please visit www.cmcm.com

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SOURCE Cheetah Mobile Inc.

Remark Holdings Partnering with China ShenHua Energy Company

LAS VEGAS, Dec. 13, 2017 /PRNewswire/ — Remark Holdings, Inc. (NASDAQ: MARK), a global technology company focused on artificial intelligence, announced today that China ShenHua Energy Company has selected KanKan as its artificial intelligence technology partner in a project to enhance ShenHua Energy’s worker management and improve mining and construction safety. The project is expected to result in significant improvements in production efficiency and worker safety, while simultaneously reducing human resource management costs and costs resulting from safety-related incidents. ShenHua Energy will use KanKan’s facial-recognition, gesture-recognition and tracking capabilities to accomplish the worker safety and management improvements, while KanKan’s artificial intelligence data platform will help ShenHua improve production efficiency. The partnership represents a foothold for KanKan’s AI technologies in China’s energy space, which is one of the largest energy markets in the world.

“We are thrilled that another major company has recognized the significant benefits of working with our technology,” stated Kai-Shing Tao, the Chairman and CEO of Remark Holdings. “This agreement only represents a first step for us in making our KanKan AI technology a widely-used asset in this sizable market.”

China Shenhua Energy Company Limited, also known as Shenhua Energy, is a state-owned enterprise and a subsidiary of Shenhua Group.  The company, which is the largest coal mining enterprise in the world, engages in the production and sale of coal in China, and it operates coal-based power plants that generate electricity which it then sells to provincial and regional electric companies in China. In addition to mining and power-generation operations, ShenHua Energy also operates an integrated railway network and a seaport that are primarily used to transport its coal.

Remark Holdings, Inc. (PRNewsFoto/Remark Media, Inc.)

About Remark Holdings, Inc.
Remark Holdings, Inc. (NASDAQ: MARK) primarily focuses on the development and deployment of artificial-intelligence-based solutions for businesses and software developers in many industries.  Additionally, the company owns and operates digital media properties that deliver relevant, dynamic content.  The company is headquartered in Las Vegas, Nevada, with additional operations in Los Angeles, California and in Beijing, Shanghai, Chengdu and Hangzhou, China.  For more information, please visit the company’s website at www.remarkholdings.com.

Company Contact:  
Douglas Osrow, CFO
Remark Holdings, Inc.  
dosrow@remarkholdings.com
702-701-9514 ext. 3025

Investor Relations Contact:
Matt Glover or Tom Colton
Liolios Group, Inc.
949-574-3860
MARK@liolios.com

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SOURCE Remark Holdings, Inc.

ABI Research: Apple will be a "follower" in the "Post-Smartphone Era"

LONDON, Dec. 13, 2017 /PRNewswire/ — The mobile industry is on the cusp of an important phase of development, as enhanced technologies and innovative user interfaces and experiences seek to breathe new life into the stagnant market. In this ‘post- smartphone’ era, the market is constantly forced to provide users with more immersive touch-less experiences. New interfaces will need to be developed where voice, artificial intelligence (AI), mixed reality, augmented reality and gesture experiences can all converge.

ABI Research  www.abiresearch.com (PRNewsFoto/ABI Research)

In its latest report, which evaluates ten major companies from across the mobile ecosystem, ABI Research, a market-foresight advisory firm providing guidance on the most compelling transformative technologies, believes that as this next wave of innovation approaches, Google and Amazon will emerge as the market’s “leaders” due to continued growth in their apparent strengths.  Apple will lag due to innovation complacency.

An assessment was made of patent portfolios, research & development spend, acquisitions and contributions to Standards Bodies and Open Source Communities to provide comparative evaluation and benchmarking for 10 major ecosystem companies – Amazon, Apple, Facebook, Google, Huawei, Lenovo, LG, Microsoft, Nokia and Samsung – to see which are best placed to take full advantage of this future paradigm.

Based on the analysis included in the report, and the likely drive to the next phase of development in the smartphone ecosystem, ABI Research has determined that Google and Amazon will lead and drive innovation around smartphones and related ecosystems over the next five to six years. “This next wave of innovation in the smart device ecosystem will be led by Google and Amazon, as their apparent strength in major growth sectors, notably computer science, allows for a more flexible approach to next-generation user experiences that are essential for creating immersive experiences and brand-new ways of human-to-machine interactions,” says David McQueen, Research Director at ABI Research. “Without having the heavy burden of legacy systems and hardware, these web-scale companies are in a good position to lead the market into the post- smartphone era.”

The research classified established OEMs like Apple, Samsung, Microsoft, and Huawei as “followers/advocates”, as they were exhibiting some signs of complacency in the sector and are not currently as well set up to drive future innovation in the market. These players are also burdened with legacy establishments in the smartphone business, which give them little flexibility to innovate outside the box. Those in this classification, however, should not be dismissed so easily from leadership contention in the future, as they currently have a major influence on the market, mainly through brand strength and market share.

“The “follower/advocates” companies often follow an evolutionary approach to innovation, partly to protect their existing investment, as they fear disrupting their current market leadership, and partly because they find it harder to embrace new and more disruptive approaches to technology,” observes McQueen.

In this ‘post-smartphone era’ of new ecosystems and experiences, there will be a requirement for significant investment in the underpinning technologies and technical expertise as well as the creation of “intelligent phones” that are able to effectively leverage these forthcoming technologies.

These highlight findings are taken from ABI Research’s MOBILE ECOSYSTEM LEADERS AND LAGGARDS IN THE POST-SMARTPHONE ERA: AN ANALYSIS OF PATENTS, R&D, AND COLLABORATIVE ACTIVITIES report. This report is part of the company’s Handsets & Devices research service, which includes research, data, and analyst insights.

About ABI Research

ABI Research provides strategic guidance for visionaries needing market foresight on the most compelling transformative technologies. ABI’s own research visionaries take stances early on those technologies, publishing groundbreaking studies often years ahead of other technology advisory firms. ABI analysts deliver their conclusions and recommendations in easily and quickly absorbed formats to ensure proper context. Our analysts strategically guide visionaries to take action now and inspire their business to realize a bigger picture. For more information about ABI Research’s forecasting, consulting and teardown services, visionaries can contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, and at +65.6592.0290 in the Asia-Pacific. Or, visit www.abiresearch.com

Contact Info

Americas                                         

EMEA/APAC

Deborah Petrara                                

Denise Duffy

Tel: +1.516.624.2558                          

Tel: +44.203.326.0142

pr@abiresearch.com                            

duffy@abiresearch.com

 

 

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SOURCE ABI Research

Cognovi Labs Artificial Intelligence Successfully Predicts Doug Jones Victory

COLUMBUS, Ohio, Dec. 13, 2017 /PRNewswire/ — Cognovi Labs, developer of the SaaS platform for emotion-based artificial intelligence, saw their Oct. 22 prediction of a Doug Jones victory realized in Tuesday’s Alabama Senate election. Acting well ahead of poll data, Cognovi made the prediction almost three weeks before the sexual harassment claims surfaced against Moore.

The prediction was based around Cognovi Emotion AI findings that showed Jones’ superior ability to trigger an intense emotional bond with the electorate, which allowed him to generate the required turnout to win the election.

This result follows a string of successful Cognovi predictions for several high-profile outcomes, including predicting the Brexit referendum hours before the polls closed; and foretelling the results of the 2016 U.S. presidential election. In addition to political events, Cognovi utilizes its AI platform to make predictions for businesses, investors, corporations, ad agencies and public figures.

“Our AI technology provides a window into your future, today. Whether that is increasing market share, sales performance, stock returns or improving election results, Cognovi AI is uniquely positioned to drive results,” said Beni Gradwohl, Ph.D., CEO and co-founder of Cognovi Labs. “By harnessing the key drivers of the future in particular, the emotions-based human behavior and intent — we are able to determine engagement and intensity that act as a predictive indicator for future outcomes. This also allows for the opportunity to make real-time adjustments to alter those outcomes.”

Cognovi Labs’ AI technology was developed by Dr. Amit Sheth at the Kno.e.sis Center at Wright State University. Under the Startup Nursery, Ikove identified and vetted the underlying technology and then launched Cognovi Labs in partnership with the university, Amit Sheth and Beni Gradwohl with worldwide, perpetual exclusive rights to commercialize the powerful Emotion AI technology. “Cognovi was founded upon the realization that our technology could capture emotion and passion to provide predictive insights that meet business and marketing needs,” said Flavio Lobato, Managing Partner of Ikove Venture Partners and co-founder and Chairman of the Board at Cognovi Labs. “Ikove is committed to commercializing and nursing high-impact technologies, and we are proud to see continued validation of Cognovi’s artificial intelligence.”

About Cognovi Labs
Cognovi Labs, an early innovator in the Emotion AI space, extracts emotions from social media and quantifies key human behavior to predict the outcome of events. As a result, Cognovi Labs provides its clients with a competitive edge – it allows them to make more accurate predictions in all aspects of their business in real time. This includes predicting the outcome of political events or influencing the outcome by adjusting the message; forecasting product sales to make immediate course changes in inventory management; selecting stocks based on the consumers’ intent and shopping behavior; and continuously optimizing ad targeting to strengthen a brand and generate leads.

About Ikove Venture Partners
Ikove is a venture development company founded to pursue early stage investments with an emphasis on technology commercialization in the Midwest. Through its proprietary Startup Nursery, in partnership with multiple U.S. research institutions, Ikove identifies and validates developing high-impact technologies, providing capital and resources to bridge the commercialization gap between lab and market.

MEDIA CONTACT:
Heather Phillips
hphillips@gebencommunication.com
440-666-9712

Related Images

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Cognovi Labs

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Ikove StartUp Nursery

 

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SOURCE Cognovi Labs