Press Releases

Execs In The Know Artificial Intelligence Briefings to Make Four Stops in 2018

PHOENIX, Feb. 12, 2018 /PRNewswire/ — Community of customer experience leaders, Execs In The Know, have announced the details for four Artificial Intelligence (AI) Briefings they will host in 2018. The Execs In The Know AI Briefings will make stops in Boston, MA; Atlanta, GA; Chicago, IL; and Seattle, WA, over the course of the year.

Here are the official dates and locations:

  • Boston, MA: February 13, 2018
  • Atlanta, GA: April 19, 2018
  • Chicago, IL: August 14, 2018
  • Seattle, WA: October 18, 2018

Each event is an opportunity to discuss how AI is impacting service strategies, with other care leaders that are looking to maximize their strategy or implement it. Each day will feature a candid Q&A session with a panel of AI Solution Providers, followed by a Corporate only discussion. There will also be an Innovations Lab, allowing attendees to see live applications of how AI is working to improve CX, in different channels and processes, with various solution providers. Networking, as well as discussion around challenges experienced, solutions, best practices, or innovations as it pertains to AI for customer service, will also be valuable takeaways.

To learn more about the event and how to register, visit the event website:  http://www.execsintheknow.com/events/.

About Execs In The Know

Execs In The Know is a global community of customer experience professionals, from various industry verticals, all focused on the same thing – excellence in customer service and experience. Execs In The Know gives brands a platform to share and gain insights, benchmark their brand, stay on top of the latest trends in CX, and create lasting relationships with their peers – “Leaders Learning From Leaders.”

Execs In The Know holds their national event – Customer Response Summit – twice a year (in the Spring and Fall), giving executives the opportunity to connect face-to-face. They also hold a number of other live regional events throughout the year including Subject Matter Briefings (on topics like social media, AI, SMS, outsourcing, etc.), Lunch & Learns, Workshops, and EITK Dinners. The community is able to stay engaged long after the events come to an end through industry content and thought leadership, webinars, reports, and various social communities.

Learn more at www.execsintheknow.com.

 

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SOURCE Execs In The Know

Artificial Intelligence in Aviation Market Worth USD 2,222.5 Million by 2025

PUNE, India, February 12, 2018 /PRNewswire/ —

The report “Artificial Intelligence in Aviation Market by Offering (Hardware, Software, Service), Technology (Machine Learning, Context Awareness, NLP, Computer Vision), Application (Virtual Assistants, Smart Maintenance), and Geography – Global Forecast to 2025”, published by MarketsandMarkets™ , is expected to be valued at USD 152.4 Million in 2018 and is likely to reach USD 2,222.5 Million by 2025, at a CAGR of 46.65% during the forecast period.

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Browse 65 Tables and 52 Figures spread through 161 Pages and in-depth TOC on “Artificial Intelligence in Aviation Market

https://www.marketsandmarkets.com/Market-Reports/artificial-intelligence-in-aviation-market-106037016.html

Early buyers will receive 10% customization on this report.

The major factors driving the growth of the AI in aviation market include the use of big data in the aerospace industry, significant increase in capital investments by aviation companies, and rising adoption of cloud-based applications and services in the aviation industry.

Machine learning to hold the largest share of the AI in aviation market in 2018 

Machine learning enables systems to automatically improve their performance with experience. This technology holds a major share of the AI in aviation market owing to its ability to collect and handle big data, along with its increased ability to perform previously impossible calculations.

AI in aviation market for hardware to grow at a high rate between 2018 and 2025 

The growth of the market for hardware can be attributed to the increasing need for hardware platforms with high computing power to run various machine learning algorithms both on servers and on devices. AI systems require highly effective and efficient hardware to display intelligent capabilities similar to the human brain.

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AI in aviation market for surveillance to grow at a high rate between 2018 and 2025 

The growth of the market for surveillance applications can be attributed to the ongoing developments in the field of AI-enabled drone surveillance, specifically designed for inspection purposes in the aviation industry. For example, in September 2017, Aerialtronics DV B.V. (Netherlands), Neurala (US), and NVIDIA (US) collectively developed an AI-based drone for flight inspections. Such product launches and developments are expected to drive the growth of the AI in aviation market for surveillance applications.

North America to hold the largest share of the overall AI in aviation market by 2025 

Virtual assistance, smart maintenance, manufacturing, and surveillance are some of the major application areas for AI in the aviation sector in North America. Further, the US is one of the leading countries in the world in terms of adopting AI technologies in multiple application areas. Also, continuous growth in the number of air travelers is encouraging airline companies to adopt AI in their daily operations to enhance their efficiency.

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Some of the key players operating in the AI in aviation market are Intel (US), NVIDIA (US), IBM (US), Micron (US), Samsung (South Korea), Xilinx (US), Amazon (US), Microsoft (US), Airbus (France), Boeing (US), General Electric (US), Thales (France), Lockheed Martin (US), and Garmin (US).

Browse Related Reports 

Artificial Intelligence (Chipsets) Market by Technology (Deep Learning, Robotics, Digital Personal Assistant, Querying Method, Natural Language Processing, Context Aware Processing), Offering, End-User Industry, and Geography – Global Forecast to 2022
https://www.marketsandmarkets.com/Market-Reports/artificial-intelligence-market-74851580.html

Deep Learning Market by Application (Image Recognition, Signal Recognition, Data Mining), Offering (Hardware (Von Neumann and Neuromorphic Chip), and Software), End-User Industry, and Geography – Global Forecasts to 2022
https://www.marketsandmarkets.com/Market-Reports/deep-learning-market-107369271.html

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About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’ flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.  

Contact:
Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : +1-888-600-6441
Email: sales@marketsandmarkets.com

Visit our Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors

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SOURCE MarketsandMarkets

Artificial Intelligence Company Appoints Gordon Brooks Chairman of nDimensional Board of Directors

BOSTON, Feb. 12, 2018 /PRNewswire/ — nDimensional (www.nD.com) today announced the appointment of Gordon Brooks as Chairman of the Board.  Gordon’s focus will be to rapidly grow nDimensional, an Artificial Intelligence (AI), big data and IoT application development platform provider, into a global brand by working with the executive team, clients and partners to create significant recurring economic value for every client.  Learn more about nDimensional here.

Gordon Brooks, nDimensional Chairman

Gordon is currently the Chief Executive Officer and Chairman of Katalyst, a strategic advisory firm, and Executive Chairman of the Board of Directors for Zixi, a software platform that enables the media industry to broadcast quality live video over IP. Previously he served as President of C3 IoT. Gordon is a 5-time CEO and has founded, helped launch or transformed 8 companies, resulting in 2 IPO’s with a combined market cap of over $11 billion, numerous entity sales totaling over $1 billion, 17 acquisitions and has served on 10 boards.  

“nDimensional is excited to have Gordon join the Board of Directors as our Chairman. He is deeply knowledgeable about the complex market for operationalizing AI and IoT software.  He understands the strategies businesses must establish to be successful in this market.  Gordon’s experience in building and growing businesses will be an invaluable asset to nDimensional as we expand our market share.”
– Dr. Curt Lefebvre, nDimensional Founder & CEO

“I feel very privileged to take on the role of Chairman at such an exciting stage of nDimensional’s growth and strategy development.  I have a long history working with innovative technology companies and it is clear to me that nDimensional has built a powerful and unique platform capable of embedding AI, big data and IoT applications into products and services to drive quantifiable business value.  I look forward to working with the executive team to ensure nD continues to expand its reach and positively impact all data-rich markets.”
Gordon Brooks

About nDimensional (www.nD.com)
nDimensional’s product, nD, is a full stack application development Platform-as-a-Service (PaaS) that helps companies rapidly design, develop, deploy and operate AI, big data and IoT applications.  nD empowers data-rich industries to drive real-time actions that quantitatively improve business outcomes – proven at enterprise scale – to bring the power of predictive insights and optimization to all vertical markets and value chains.

Dimensional is passionate about using AI to extract recurring economic value from big data and IoT devices in real-time, or near real-time. Our team has been doing it for nearly thirty years. We help companies leverage all available data to gain a deeper understanding of what’s going on in their business.  Insight is only the first step, however, to extract value this insight must be turned into action.  We partner with industry leaders to maximize the value of big data and IoT devices by adding AI to their products and services.

Press Contact:
Stephanie Hendricks
shendricks@nD.com 
617.548.2938

nD is a full stack application development Platform-as-a-Service (PaaS) that allows companies to rapidly design, develop, deploy and maintain big data AI applications.

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SOURCE nDimensional

Research Innovations, Inc. CEO Joins Area Experts on Cyber Panel

ALEXANDRIA, Va., Feb. 12, 2018 /PRNewswire/ — Research Innovations Inc. CEO, Jack Harrington, joined fellow cyber experts last week at Tech In Motion’s February 8th panel on cyber security.

 (PRNewsfoto/Research Innovations, Inc.)

The Washington, DC event, which saw attendees representing industries from healthcare to software development, was an opportunity for 5 thought leaders to share their ideas on cyber security trends, opportunities, and obstacles facing both commercial and government sectors. 

“It’s always inspiring to get together with like minded people who recognize we are in a cyberwar against criminals, terrorists, hactivists and nation states. We must collaborate, share threat intelligence, innovate as a community, and most importantly share best practices to win this war,” said Jack Harrington, RII CEO. “The department of defense has established imperatives to lead the world in artificial intelligence and cyber technologies. We believe that only by bringing together the most talented people in these areas to work on the most pressing problems that we can secure the future of US interests.”

Tech in Motion is a national event series started with the goal of bringing local tech communities together to meet, learn, and innovate.  The Tech In Motion Event Series has over 70,000 members worldwide.

RII and its founders have a long tradition of being trusted advisors to the US Department of Defense and coalition partners.  Through its work with the Defense Advanced Research Projects Agency (DARPA), the Strategic Capabilities Office (SCO) and the Department of the Army, RII has developed a reputation for rapidly delivering transformative technology to the warfighter. 

www.researchinnovations.com

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SOURCE Research Innovations, Inc.

Terence Mills announced as a keynote speaker and panelist at the Future of Technology Summit

NEW YORK, Feb. 12, 2018 /PRNewswire-iReach/ — The Future of Technology Summit and AI.io has announced that Terence Mills, Member of the Forbes Technology Council, and CEO of AI.io and Moonshot will be a keynote speaker and panel participant at the Future of Technology Summit which will be taking place in Washington, D.C. on February 21st and February 22nd at the Ronald Reagan Building and International Trade Center. Terence’s keynote speech will address how artificial intelligence will transform industries and business models, while the panel discussion will focus on securing an inclusive economy through supercomputing, social networking, and industry led ecosystem and frameworks.

“We are pleased and excited to have Terence Mills, an AI expert and industry thought leader, as a keynote speaker and panelist at this year’s Future of Technology Summit,” said Shaji Nair, Executive Director for the Future of Technology Summit. “The Future of Technology Summit brings together the disruptive leaders from across the globe who positively impact the ever-increasing role that technology plays in the business community and the impact that the technology sector has on economic growth. Terence, a Forbes Technology Council Member, and someone who is on the forefront of the AI industry will add great value to our conversations during the summit,” concluded Shaji Nair

“I could not be more thrilled and excited to participate in the Future of Technology Summit. “We are in the middle of one of the greatest technology shifts of our time, and the Future of Technology Summit creates a perfect platform for leading technology innovators and thought leaders to discuss innovations that will ignite conversation, activate communities, inform customers, and influence key decision makers within industry moving forward,” said Terence Mills.

About Terence Mills:
Entrepreneur, marketer, AI pioneer, digital technology specialist, and Member of the Forbes Technology Council, Terence Mills has built eight global enterprises including executive management participation in two public companies, InteliData Technologies and SkyTel Corporation which sold to MCI for $1.8 billion. His ability to harness the power of the internet, AI, and mobile technology to support sound business goals is his secret weapon. As a six time CEO, Terence knows profitable enterprises are built by employing effective technological and digital strategies. At AI.io (https://ai-io.io) and Moonshot (http://moonshotna.com), Terence is managing cutting edge businesses that are helping its customers and clients through the AI maze with the goal of achieving cognitive engagement at scale and extreme personalization that will lead to better business decisions and revenue growth – changing the nature of work and how people live their lives in ways they could have only imagined. To get more information about Terence Mills, visit http://terencemills.net.

About the Future of Technology Summit:
The Future of Technology Summit was first launched at Washington DC, the most powerful capital in the world to achieve the mission to, a) bring thought leadership to influential cities around the world, and b) bring innovators, investors, decision makers and consumers together around the technologies of the future, and c) build an enduring partnership between the autism community and tech leadership.Shaji Nair is the is the executive director of the Future of Technology Summit and it is his personal story and passion that drives its existence and success. To get more information on the Future of Technology Summit visit https://ftsummit.us.

Terence Mills Social Media Links:
Facebook
Twitter
LinkedIn
Instagram

Media Contact: Amy Ros, Moonshot N.A., (212) 655-9883, amy@moonshotna.com

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SOURCE Terence Mills

Artificial Intelligence (AI) Robots Market Worth 12.36 Billion USD by 2023

PUNE, India, February 12, 2018 /PRNewswire/ —

According to the new market research report on the “Artificial Intelligence (AI) Robots Market by Robot Type (Service, Industrial), Offering (GPU, MPU), Technology (Machine Learning, Computer Vision), Application (Public Relations, Stock Management), and Geography – Global Forecast to 2023”, published by MarketsandMarkets™ , the market is expected to grow from USD 3.49 Billion in 2018 to USD 12.36 Billion by 2023, at a CAGR of 28.78% during the forecast period.

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Browse 78 tables and 56 figures spread through 164 pages and in-depth TOC on “Artificial Intelligence (AI) Robots Market

https://www.marketsandmarkets.com/Market-Reports/artificial-intelligence-robots-market-120550497.html

Early buyers will receive 10% customization on this report.

The growth of the AI robots market is driven by factors such as the high adoption of robots for personal use, such as companionship and entertainment; and support from governments worldwide to develop modern technologies.

Software to capture the largest share of the AI robots market in 2018 

Software is expected to hold the largest share of the AI robots market in 2018 owing to the advancements in AI software and related software development kits. AI systems require several types of software, including application program interfaces such as language, speech, vision, and sensor data, along with machine learning algorithms, to realize the applications of robotics. The software platforms and solutions are available at higher costs as the number of experts developing machine learning algorithms is limited.

Market for computer vision to grow at a high rate during the forecast period 

Various AI technologies are being adopted in several robotics applications to achieve complete automatization. However, computer vision plays a vital role in robots as they cannot understand human hand signals or any other gesture without this technology. Due to this, the AI robots market for computer vision is expected to grow at a high rate during the forecast period.

Download PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=120550497

APAC to hold the largest share of the AI robots market during the forecast period 

Among the 4 regions considered (North America, Europe, APAC, and RoW) in report, APAC is expected to hold the largest share of the AI robots market during the forecast period (2018-2023). Countries such as China, Japan, and Republic of Korea contribute to the growth of the AI robots market in APAC. Also, the increasing adoption of deep learning and NLP technologies for retail and security applications is driving the growth of the market in this region.

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The AI robots market is currently dominated by players such as SoftBank (Japan), Hanson Robotics (China), Amazon (US), Alphabet (US), and NVIDIA (US). Applied Brain Research (US), Insightness (US), and Promobot (Russia) are some of the key emerging players in the AI robots market.

Browse Related Reports 

Artificial Intelligence in Manufacturing Market by Offering (Hardware, and Software), Technology (Deep Learning, Computer Vision, Context Awareness, and Natural Language Processing), Application, Industry, and Geography – Global Forecast to 2023

https://www.marketsandmarkets.com/Market-Reports/artificial-intelligence-manufacturing-market-72679105.html

Artificial Intelligence (Chipsets) Market by Technology (Deep Learning, Robotics, Digital Personal Assistant, Querying Method, Natural Language Processing, Context Aware Processing), Offering, End-User Industry, and Geography – Global Forecast to 2022
https://www.marketsandmarkets.com/Market-Reports/artificial-intelligence-market-74851580.html

Subscribe Reports from Semiconductor Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’ flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.  

Contact:
Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : +1-888-600-6441
Email: sales@marketsandmarkets.com

Visit our Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors

Connect us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

SOURCE MarketsandMarkets

Vision Product of the Year Awards Now Open for Entries

WALNUT CREEK, Calif., Feb. 12, 2018 /PRNewswire/ — The Embedded Vision Alliance® today announced the call for entries is now open for the new Vision Product of the Year Awards. The Awards recognize the innovation and excellence of the industry’s leading technology, service, and end-product companies that are enabling the next generation of machines that see.

Embedded Vision Alliance. (PRNewsFoto/Embedded Vision Alliance)

The Vision Product of the Year Awards are open to all Embedded Vision Alliance Member companies. Entries will be judged on innovation, impact on customers and the market, and competitive differentiation. Winners will be selected by an independent panel of judges comprised of industry experts.

Companies may submit award nominations for their products and services in one or more of the following categories: Artificial Intelligence (AI) Technology; Automotive Solutions; Cameras, Camera Modules and Sensors; Cloud Technologies; Developer Tools; End Products; Processors; Professional Services; and Software and Algorithms. Member companies can nominate their customers’ end products via the End Products category.

“For decades, computer vision was primarily a research topic. Today, computer vision is being implemented in thousands of systems, devices and applications—creating machines that understand the world visually,” said Jeff Bier, founder of the Embedded Vision Alliance. “The Vision Product of the Year Awards program recognizes the innovative companies whose foresight, investment and innovation are enabling the proliferation of visual intelligence—creating machines that are safer, more autonomous, easier to use and more capable.”

Companies may submit their nominations online. The deadline for nominations is March 30, 2018. The entry fee is $495 per nomination. All honorees will be announced on April 30, 2018, and winners will be recognized at the Vision Product of the Year Awards ceremony at the Embedded Vision Summit on May 22, 2018, in Santa Clara, California.

The Embedded Vision Summit is the only event focused exclusively on deployable computer vision, attracting a global audience of companies developing vision-enabled products from the edge to the cloud. The event features industry innovators, top technologists and engineers who are designing “machines that see,” for a wide range of industries including automotive, entertainment, healthcare, manufacturing, retail, robotics, and security.

About The Embedded Vision Alliance®

The Embedded Vision Alliance is a worldwide industry partnership bringing together technology providers and end product companies who are enabling innovative and practical applications for computer vision for a range of market segments and applications, including automotive, consumer electronics, gaming, imaging, and more.  Membership is open to any company that supplies or uses technology for computer vision systems and applications. For more information on the Alliance, visit https://www.embedded-vision.com.

Media Contact:
Julie Seymour
Mob: +1.415.269.2606
seymour@embedded-vision.com

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SOURCE Embedded Vision Alliance

Remark Holdings Announces Completion of First Project with Charoen Pokphand Group

LAS VEGAS, Feb. 12, 2018 /PRNewswire/ — Remark Holdings, Inc. (NASDAQ: MARK), a global technology company focused on providing artificial intelligence (“AI”) solutions, announced the successful completion in early February of the first project for Charoen Pokphand Group (“CP Group”) since the company’s investment in Remark Holdings. Remark’s KanKan team worked closely with a team from within CP Group and built a state-of-the-art “war room” system in the Office of CP Group’s Chairman in Shanghai. The system performs several functions, including real-time social and business Big Data analysis and presentation, facial recognition for management of employees and VIP guests, free-chat voice commanding (in Chinese and in English) and three-dimensional holographic commanding.

“We have been working with many Fortune 500 technology companies for more than two years, and they couldn’t complete this war room system as we requested,” stated Mr. Athikom Asvanund, the Chief Executive Officer of CP Crystal Wealth, who is also a Senior Executive Assistant to the CP Group Chairman. “Remark’s KanKan team completed the system from scratch in less than three months. Although I have witnessed many of their new AI research projects in Chengdu, seeing a real and practical AI-based working application built in front of my eyes was most impressive.  We are confident and strong supporters of KanKan’s AI platform because of its ability to be applied to a wide variety of industries. We plan to work with Remark Holdings to bring AI technologies to our company’s many businesses in Asia, including those in finance, retail, consumer products, agriculture and other areas.”

“We continue to develop products and services based on our KanKan AI platform which break new ground,” said Kai-Shing Tao, Chairman and CEO of Remark Holdings. “We are happy that we have successfully kicked off what we believe will be a long and mutually-beneficial relationship with one of the world’s largest private business conglomerates.”

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.

Forward-Looking Statements

This press release may contain forward-looking statements, including information relating to future events, future financial performance, strategies, expectations, competitive environment and regulation. Words such as “may,” “should,” “could,” “would,” “predicts,” “potential,” “continue,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” and similar expressions, as well as statements in future tense, identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, including those discussed in Part I, Item 1A. Risk Factors in Remark Holdings’ Annual Report on Form 10-K and Remark Holdings’ other filings with the SEC. Any forward-looking statements reflect Remark Holdings’ current views with respect to future events, are based on assumptions and are subject to risks and uncertainties. Given such uncertainties, you should not place undue reliance on any forward-looking statements, which represent Remark Holdings’ estimates and assumptions only as of the date hereof. Except as required by law, Remark Holdings undertakes no obligation to update or revise publicly any forward-looking statements after the date hereof, whether as a result of new information, future events or otherwise.

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. 
MARK@liolios.com  
949-574-3860  

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SOURCE Remark Holdings, Inc.

ioFABRIC Takes Top Place in Storage and CxO Categories in Prestigious Tech Trailblazers Awards

TORONTO, Feb. 12, 2018 /PRNewswire/ — ioFABRIC Inc. announced today it has earned two Tech Trailblazers Awards – the top prize in the storage category for its Vicinity 3.0 multi-site, multi-cloud data fabric; and the top prize for CTO and co-founder Rayan Zachariassen in the category of male CxO.

www.iofabric.com (PRNewsFoto/ioFABRIC) (PRNewsfoto/ioFABRIC)

Tech Trailblazers Awards are given to young technology companies to highlight the most innovative entrants and concepts in areas such as cloud, security, IoT, mobile, and many more. Shortlists were selected by a panel of leading IT industry experts and then opened to public vote.

ioFABRIC Vicinity is being recognized for providing complete data protection and availability, and an industry-unique cost optimization feature based on artificial intelligence that automatically chooses the lowest-cost storage that meets each application’s requirements.

“That these awards were selected by users of enterprise technologies, and by the business and IT community that we serve, makes these wins exceptionally humbling,” said Zachariassen. “Vicinity is outside of the mold of products usually celebrated by Silicon Valley, and represents an exciting new way of thinking about how data is managed across servers, VMs, containers, and clouds.”

Zachariassen is a pioneer of the internet industry. He founded Uunet Canada, which became Canada’s first commercial ISP. He also co-founded Border Network Technologies, which developed and marketed one of the earliest internet application firewalls. Zachariassen has focused on the software, storage, and virtualization markets, successfully identifying and alleviating enterprise IT users’ most urgent pain points.

Vicinity unlocks the true value of the multi-site and multi-cloud by monitoring and automatically moving data to where it needs to be: low latency, active data remains on-premises while stale data is automatically migrated to the cloud. Vicinity profiles performance, capacity, and data protection capabilities of all storage elements, using that knowledge to deliver the service-level objectives that each application workload demands. Users can scale performance and capacity independently and without limit. Vicinity recommends when you need more performance media and automatically overflows capacity to the cloud. Data is replicated across sites and clouds for always-available data that solves the challenges of backups and the risk of restores, guaranteeing business continuity.

About ioFABRIC Inc.
ioFABRIC Inc. is a data management company whose software solves data challenges while reducing complexity, and optimizing costs. ioFABRIC’s flagship product, ioFABRIC Vicinity, is a multi-site, multi-cloud data fabric ensuring storage is always available, always protected, always evergreen. Vicinity 3.0 creates a data fabric supporting applications running on legacy servers, VMs, containers, and clouds. Vicinity is sold through ioFABRIC’s reseller and distribution channel, through its powerful LEaD program. Partners sell Vicinity as licensed software or by white-labeling it with additional hardware and/or software. Founded in 2013 by an executive team that has worked together for more than 20 years is funded by private investors. For more information visit www.ioFABRIC.com.

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SOURCE ioFABRIC

DataVisor Secures $40 Million to Fight Fraud Globally

MOUNTAIN VIEW, Calif., Feb. 12, 2018 /PRNewswire/ — DataVisor, the leading provider of fraud detection solutions using unsupervised machine learning, today announced a $40 million Series C round of financing led by Sequoia China, with participation from existing investors New Enterprise Associates and GSR Ventures. Rock Wang, managing director at Sequoia China, will join DataVisor’s board of directors. With this new round of financing, DataVisor will expand its global footprint in the fraud detection and prevention market, which is estimated to reach $41.6 billion by year 2022 according to research firm MarketsandMarkets.

“Online fraud is on the rise in China and globally and many enterprises are investing in advanced artificial intelligence (AI) solutions to tackle the threat. DataVisor’s platform delivers best-in-class technology,” said Neil Shen, Founding and Managing Partner of Sequoia China. “DataVisor’s solution is the first proven unsupervised machine learning technology successfully deployed at scale. Its platform uniquely identifies new and unknown fraud signals, which means that businesses can stay a step ahead of the fraudsters instead of lagging behind. The company has shown great momentum and we are excited to partner with the team to support its continued growth.”

DataVisor’s founding team, many with doctorates, has a deep background in machine learning and big data infrastructure, and years of experience in protecting consumer services from malicious attacks. Realizing that existing solutions are unable to cope with the increasingly diverse attack patterns shown by today’s fraudsters, they founded DataVisor to fight off the threat by applying the latest innovations in machine learning and AI.

“With its extensive experience and connections, Sequoia China is an ideal partner to help us scale our business,” said Yinglian Xie, CEO and co-founder of DataVisor. “Enterprises today are facing constantly evolving threats from sophisticated and tech-savvy fraudsters who continuously experiment and find ways to evade detection. This new round of financing will enable us to further improve our technology, expand our services globally and transform the way that businesses fight fraud.”

DataVisor’s fraud detection solutions use machine learning to identify various types of fraud and abuse, including fraudulent transactions, fake content, spam and abuse, identity theft, application fraud and money laundering. Its full-stack risk platform provides end-to-end protection against attacks by modern cybercriminals, and is based on a combination of a proprietary unsupervised machine learning engine and aggregated digital information from DataVisor’s Global Intelligence Network.

To date, DataVisor has protected more than 2 billion users globally from some of the largest financial institutions and Internet properties in the world, including Pinterest, Yelp, Alibaba Group, Dianping, Toutiao, Cheetah Mobile and Tokopedia.

About DataVisor
Founded in 2013, DataVisor is the leading fraud detection solution utilizing unsupervised machine learning to identify fraudulent transactions, spam and abuse, identity theft, application fraud, insider abuse, money laundering and more. DataVisor’s full-stack risk platform provides an end-to-end solution for detecting and preventing attacks by modern cybercriminals, and protects the largest financial institutions and internet properties in the world. The company is headquartered in Mountain View, Calif., with offices in Beijing and Shanghai. For more information, visit www.datavisor.com.

About Sequoia China
The Sequoia team helps daring founders build legendary companies. In partnering with Sequoia, companies benefit from our unmatched community and the lessons we’ve learned over 46 years working with Apple, Cisco, Oracle, Google, Alibaba, Airbnb and JD.com among many others. As “The Entrepreneurs Behind The Entrepreneurs”, Sequoia China focuses on four sectors: TMT, healthcare, consumer/service, and industrial technology. Over the past 13 years we’ve had the privilege of working with more than 500 companies in China. For more information, visit www.sequoiacap.com/china/en.

 

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SOURCE DataVisor