Press Releases

Infax Forms New TRAX Analytics Division

ALPHARETTA, Ga., Feb. 19, 2019 /PRNewswire/ — Infax, Inc. (www.infax.com), the data-driven provider of information technology (IT) solutions for public and commercial institutions, today announced the launch of a new division within the company, TRAX® Analytics. Additionally, Tracy Davis, Vice President of Sales, and Vice President of Technology Bryan Davis will co-lead the new division. The company will also expand its Atlanta-based workforce to support TRAX Analytics at Infax’s new corporate headquarters in Alpharetta, Georgia.

Infax provides software solutions that improve the customer experience in venues throughout the country, both in the public and private sector. Infax offers a range of enterprise IT products and services, including TRAX, a facility analytics platform that monitors, captures and examines the flow and movement of people and assets, in real-time. TRAX provides venue operators with the most thorough data analysis and critical insights into the overall efficiency of a venue.

“Infax empowers public venues to improve their overall operational efficiency and guest experiences through innovative IT solutions,” said Tracy Davis, Vice President, Infax. “When armed with the proper data, predictively and in real time both operations management and the public can make informed decisions that optimize the guest experience. We’re excited to expand this team and launch our new TRAX Analytics Division to support the overall vision at the speed at which the technology industry now demands.” 

The new TRAX Analytics division was conceived following the immense demand for TRAX across both the existing markets Infax serves and entirely new markets including: stadiums, malls, universities, convention centers, schools and corporate facilities. TRAX Analytics will focus on growing the TRAX platform to solve facility-wide issues with the power of data analytics and provide innovation consulting to improve guest experiences with technology.

TRAX Analytics’ new leadership team oversaw the TRAX expansion in 2017 under the Infax umbrella. Davis and Davis spearheaded the implementation of enterprise technology solutions, including the popular TRAX SmartRestroom module to over 150 restrooms nationwide in airports, convention centers, malls and corporate facilities within the first year and a half of its creation.

The TRAX platform shows a growing need for customized analysis of big data. The platform uses sensors, APIs, artificial intelligence, and machine learning to provide predictive, real-time and historical data analytics to improve and manage facility operations. TRAX provides reports on trends, inefficiencies, capacity issues and suggests solutions to problems it encounters with its analysis. Implementation of smart technology allows for real-time notifications and provides information that will correct and resolve problems faster than what could ever be accomplished manually.  

The new team will consist of a wide range of visionaries and experts that focus on business development, client success, software implementation, and research and development. The TRAX Analytics division has created a formal Value Added Reseller program to support the wide range of integration partners that have requested the ability to be certified and trained to sell and support the system. Additionally, TRAX Analytics is creating an API partner program which will allow new IoT partners to sign up for integration into the TRAX solution.

For more information please visit www.infax.com.

About Infax, Inc.
Infax is dedicated to helping its clients effectively communicate with the people it serves. The company strives to improve business operations and the customer experience with the most innovative software solutions and services in the public and private sectors.

Media Contact:
Jill Fox
JCUTLER media group
jillian@jcmg.com

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/infax-forms-new-trax-analytics-division-300797701.html

SOURCE Infax, Inc.

Autotalks and CEVA Collaborate on World’s First Global V2X Solution

MOUNTAIN VIEW, Calif. and KFAR NETTER, Israel, Feb. 19, 2019 /PRNewswire/ — In advance of MWC19™, CEVA, Inc. (NASDAQ: CEVA), the leading licensor of signal processing platforms and artificial intelligence processors for smarter, connected devices, and Autotalks, a world leader in V2X (Vehicle-to-Everything) communications solutions, announced today that the companies collaborated to add C-V2X Rel. 14/15 support to the CEVA-XC DSP based Autotalks chipset, making it the world’s first and only available solution capable of supporting both DSRC and C-V2X direct communications. The solution was demonstrated at CES 2019 by leading automotive tiers HARMAN, Valeo and others.

V2X communication is heading to mass-market adoption as the world’s largest OEMs announced intentions to equip their new car models with the technology. In recent years, V2X diverged into two different technologies, DSRC and C-V2X, with fundamentally different architectures, making it difficult to harmonize a single global solution. Autotalks, leveraging the software-defined capabilities of the CEVA-XC DSP in its chipset, addresses the need for a global solution by equipping its mass-market ready 2nd generation chipsets with C-V2X in addition to their native support of DSRC, at the highest security level.

Amos Freund, VP R&D at Autotalks, commented: “Autotalks and CEVA have enjoyed a long and successful relationship, with their unique expertise in cellular and communication DSPs perfectly complementing our wireless know-how. The CEVA-XC DSP allowed us to quickly and seamlessly implement C-V2X support on our chipset in addition to DSRC, resulting in the world’s first and only truly secure global V2X solution.”

Michael Boukaya, vice president and general manager of the wireless business unit at CEVA, stated: “We are proud to have collaborated with Autotalks to extend their leadership in V2X communication solutions and become the first company in the world to support both C-V2X and DSRC on their automotive qualified AEC-Q100 grade 2 chipset. This use case perfectly illustrates the benefits of using a powerful programmable vector DSP like our CEVA-XC for communication SoCs, allowing new features and standards to be implemented in software on existing silicon.”

Autotalks’ deployment-ready, 2nd generation V2X chipset is the world’s first available solution which supports both DSRC based on 802.11p/ITS-G5 standards and C-V2X based on 3GPP specifications. The chipset allows customers to easily toggle between DSRC and C-V2X communications. The new chipset isolates V2X from the cellular Network Access Device (NAD), thus providing domain separation & security, scalability and potential cost-optimizations of Telematic Control Unit (TCU) deployments. The separation of V2X from in-vehicle infotainment ensures that the safety related purpose of the V2X system is not compromised. Furthermore, V2X isolation combined with Autotalks’ recognized cyber security leadership enables a truly secure platform. Autotalks’ global V2X chipset is currently available for customer and partner C-V2X demonstrations. Autotalks will present in Mobile World Congress taking place in Barcelona on 25th-28th of February in Hall 5 Stand 5E71.

About Autotalks
Autotalks (www.auto-talks.com), which was founded in 2008, is a V2X chipset market pioneer and leader, providing customers worldwide with state-of-the-art V2X solutions. Autotalks helps reduce collisions on roadways and improve mobility with its automotive qualified chipsets. The chipsets offer the most advanced, truly secure and highest performing global V2X communication solution designed for autonomous vehicles. Autotalks’ advanced technology, to be mass deployed in the coming years, complements the information coming from other sensors, specifically in non-line-of-sight scenarios, rough weather or poor lighting conditions. It significantly improves overall road safety, effectively coordinating vehicles, self-driving cars, motorcyclists and pedestrians.

About CEVA, Inc.
CEVA is the leading licensor of signal processing platforms and artificial intelligence processors for a smarter, connected world. We partner with semiconductor companies and OEMs worldwide to create power-efficient, intelligent and connected devices for a range of end markets, including mobile, consumer, automotive, industrial and IoT. Our ultra-low-power IPs for vision, audio, communications and connectivity include comprehensive DSP-based platforms for LTE/LTE-A/5G baseband processing in handsets, infrastructure and cellular IoT (NB-IoT and Cat-M) enabled devices, advanced imaging and computer vision for any camera-enabled device, audio/voice/speech and ultra-low power always-on/sensing applications for multiple IoT markets. For artificial intelligence, we offer a family of AI processors capable of handling the complete gamut of neural network workloads, on-device. For connectivity, we offer the industry’s most widely adopted IPs for Bluetooth (low energy and dual mode) and Wi-Fi (Wi-Fi 4 (802.11n), Wi-Fi 5 (802.11ac) and Wi-Fi 6 (802.11ax) up to 4×4). Visit us at www.ceva-dsp.com and follow us on Twitter, YouTube, Facebook, LinkedIn and Instagram.

Logo – https://mma.prnewswire.com/media/74483/ceva__inc__logo.jpg

 

Cision View original content:http://www.prnewswire.com/news-releases/autotalks-and-ceva-collaborate-on-worlds-first-global-v2x-solution-300797605.html

SOURCE CEVA, Inc.

nsKnox Raises $15M Led by Viola Ventures & M12, Microsoft’s Venture Fund, to Meet Growing Demand for Corporate Payment Protection

BOSTON and TEL AVIV, Israel, Feb. 19, 2019 /PRNewswire/ — nsKnox, a leading provider of corporate payment protection solutions based on its innovative Cooperative Cyber Security technology platform, today announced the completion of a $15 million Series A funding round. The funding was led by Viola Ventures and M12, Microsoft’s venture fund, with the participation of Discount Capital, the investment arm of Israel Discount Bank, and previous seed investors.

The funding will enable nsKnox to expand its global customer base and to further develop its corporate payment protection platform – helping to ensure verified and secure business transactions, mitigate reputational risk and prevent billions in corporate losses.

78% of companies were victims of payment fraud in 2017 according to a recent report by the Association for Financial Professionals. With billions of dollars lost annually to cybercrime, the US Securities and Exchange Commission (SEC) is cautioning companies to consider cyber-threats when implementing internal accounting controls.

nsKnox’s real-time corporate payment protection platform helps defend organizations against cyber-fraud, internal fraud, social engineering and data manipulation attempts throughout the journey of the payment. The technology allows organizations to validate payment authenticity, verify sender and receiver, and identify and prevent manipulations – safeguarding the payment process seamlessly across every point of transaction, including enterprise, bank, and supplier. The platform utilizes nsKnox’s innovative Cooperative Cyber Security (CCS), a new paradigm combining the strength of multiple cybersecurity systems from several organizations to secure both outbound and inbound payments from fraud. CCS is exponentially more secure than other solutions because it combines the strength of multiple entities with the most powerful cryptographic technologies available.

“Businesses are so focused on protecting their data and the identity of their users that they are not doing enough to protect the very lifeblood of their organization — their money,” said nsKnox CEO Nir Tenzer. “nsKnox is bringing corporate payment protection into the digital age, arming companies in the battle against payment fraud, manipulation and cybercrime. The backing of M12 and Viola Ventures is a tremendous vote of confidence in our ability to protect organizations worldwide and help them tackle this incredibly costly issue.”

“We are committed to creating an impenetrable line of defense against corporate payment fraud,” said nsKnox Founder & Executive Chairman Alon Cohen, who also founded and served as Chairman and CEO of CyberArk (NASDAQ:CYBR). “This financing round is a tremendous milestone, helping us realize our vision of protecting corporate payments with our entirely new Cooperative Cyber Security paradigm. The bad guys are working together – so should the good guys. That’s what nsKnox is all about.”

“As an early seed investor, we are excited to welcome M12 to the team backing nsKnox and proud to continue supporting this innovative FinSec company in its amazing journey,” said Omry Ben David, Partner at Viola Ventures. “Their innovative distributed and cooperative approach addresses the massive problem of payment fraud by leveraging the independent security practices of multiple trusted entities, making it exponentially harder for hackers to infiltrate.”

“The evolving nature of cybercrime creates a perpetual challenge for businesses to detect and mitigate fraudulent behavior, which costs corporations significant amounts of money every year,” said Lior Litwak, Principal at M12. “nsKnox’s corporate payment solution solves a critical business issue at scale, saving businesses the time, money and headache that result from fraudulent threats. We look forward to being a part of nsKnox’s journey as they grow and expand.”

nsKnox is forging partnerships with leading financial institutions worldwide with the aim of redefining the global standard for corporate payment cybersecurity. With this funding, nsKnox will focus on advancing its go-to-market strategy and enhancing its capabilities to ensure customer success globally.

About nsKnox
Founded in 2016 by Alon Cohen – founder and former Chairman and CEO of CyberArk (NASDAQ:CYBR) – nsKnox is a fintech-security (FinSec) company which invented the field of Cooperative Cyber Security (CCS) to offer a new approach to protecting corporate payment systems against insider threats, cyber-fraud, and data manipulation attempts. nsKnox’s solution provides real-time verified payment protection and fraud detection, specifically designed to prevent financial losses due to fraudulent payments. nsKnox safeguards the payment process seamlessly across every point of the transaction journey, while enforcing payment policies and increasing Accounts Payable operational efficiency and Sarbanes-Oxley Act (SOX) compliance. nsKnox is based in Boston, MA and in Tel Aviv, Israel. For more information, visit https://nsknox.net/.

About M12
As the corporate venture arm for Microsoft, M12 (formerly Microsoft Ventures) invests in enterprise software companies in the Series A through C funding stage with a focus on big data & analytics, business SaaS, cloud infrastructure, machine learning & artificial intelligence, productivity and security. As part of its value-add to portfolio companies, M12 offers unique access to strategic go-to-market resources and relationships globally. The Company has offices in New York, San Francisco, Seattle, London and Tel Aviv.

About Viola Ventures
Viola Ventures is a venture capital firm, empowering early stage start-ups to become global category leaders.  Founded in 2000, Viola Ventures manages over $1B across five funds, with leading investors from the US, Asia, Europe and Israel. It is managed by six investing partners, solely dedicated to early-stage tech investments, and has backed a substantial share of Israel’s leading tech companies including ironSource, Payoneer, Redis Labs, Outbrain, Lightricks, Puls, Personetics and more. Viola Ventures is part of the Viola Group, Israel’s leading technology-focused investment firm with over $3B in assets under management.  The group has invested in over 200 technology companies.

About Discount Capital
Discount Capital is a wholly-owned subsidiary of Discount Bank, and serves as the bank’s investments & investment banking arm. With more than 25 years of operation, Discount Capital manages a broad investment portfolio, investing directly in companies and ventures as well as in investment funds. In the field of FinTech, Discount Capital actively invests in promising new ventures, with the goal of implementing innovative solutions and services at Discount Bank.  

Media Contact
Orit Yogev
Headline Media
orit@headline.media
+1-516-725-9202

 

Cision View original content:http://www.prnewswire.com/news-releases/nsknox-raises-15m-led-by-viola-ventures–m12-microsofts-venture-fund-to-meet-growing-demand-for-corporate-payment-protection-300797780.html

SOURCE nsKnox

New Podcast Exploring Impact of Automation on Creative Workers Launched Today

ARLINGTON, Mass., Feb. 19, 2019 /PRNewswire/ — Creative Next, a podcast about the impact and future of artificial intelligence-driven automation on creative jobs such as researchers, marketers, designers, and engineers, launched today on Apple Podcasts, Google Podcasts, Spotify, and other popular services.

Creative Next

“Popular narratives about artificial intelligence are doing a disservice to us all,” said Dirk Knemeyer, a producer of the show. “What’s inspiring about AI is not some notion of living machines that will actually happen in many decades, if ever. The remarkable thing is the automation of thinking and creative tasks — the ways in which machines will increasingly collaborate with us — that even a decade ago would have seemed impossible.”

Knemeyer and his production partner, Jonathan Follett, previously produced The Digital Life show, which released nearly 300 episodes. Knemeyer additionally is a producer of The Game Design Round Table, a show with over one million total downloads. Also on their experienced team is executive producer Elsie Escobar, an inductee to the Academy of Podcasters Hall of Fame and audio engineer Michael Hermes who, among other shows, engineers Three Moves Ahead for the Idle Thumbs Network.

The first season of the show is focused on the theme of Learning. Episodes explore past, current, and future relationships between technology, creativity, and humanity; the impact of AI on games like chess and poker; the future of learning; and AI and human performance.

After previewing the show, Pandora’s Head of UX + Product Research Frances Karandy commented, “I’m excited that Creative Next is opening up discussion on how AI technology will impact systems, products, and organizations — and how we as professionals that build products can evolve the way we approach design and think about creative possibilities.”

The first season of Creative Next is supported by three noteworthy sponsors:

  • GoInvo: a design practice dedicated to innovation in healthcare
  • Design Museum Foundation: whose mission is to bring the transformative power of design everywhere through exhibitions, events, magazine, and more at designmuseumfoundation.org 
  • BIF: a purpose-driven firm, BIF is committed to bringing design strategy where it is needed most — health care, education, and public service — to create value for our most vulnerable populations

Creative Next is available on Apple Podcasts, Google Podcasts, Spotify, YouTube, RadioPublic, Overcast, and Stitcher.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/new-podcast-exploring-impact-of-automation-on-creative-workers-launched-today-300797707.html

SOURCE GoInvo

Ben-Gurion University Introduces Novel AI Platform for Monitoring and Predicting ALS Progression

BEER-SHEVA, Israel, Feb. 19, 2019 /PRNewswire/ — BGN Technologies, the technology transfer company of Ben-Gurion University (BGU), disclosed today a novel artificial intelligence (AI) platform for monitoring and predicting the progression of neurodegenerative diseases for the purpose of identifying markers for personalized patient care and improved drug development. The technology, developed by Prof. Boaz Lerner of the Department of Industrial Engineering and Management at BGU, will initially focus on amyotrophic lateral sclerosis (ALS) also known as Lou Gehrig’s disease, and later be adapted to various other neurodegenerative diseases such as Parkinson’s and Alzheimer’s.

Prof. Boaz Lerner of Ben-Gurion University with new platform for predicting ALS progression

ALS is a motor neuron disease that almost invariably progresses with time. Research and drug development of this condition are complicated by the heterogeneity of the ALS population leading to variability in symptoms at onset, disease progression rate and pattern, and survival. Reliable patient stratification to homogenous sub-groups and personalized prediction of disease progression rate and pattern of sub-populations, accomplished by the new platform, will improve patient care and quality of life. The platform can also improve the design of clinical trials and the ability to assess the influence of treatment in clinical studies by identifying markers of various patient sub-populations for which treatment is beneficial, thus improving success rate of the studies. 

The platform analyzes demographic and clinical data using machine learning and data mining algorithms to produce models that can predict the rate and pattern of ALS progression, identify factors essential for the prediction (such as specific lab tests or vital signs), and stratify homogenous sub-groups from the heterogeneous ALS population. As clinical data are added for each patient, the algorithms, and thus the disease progression prediction, improve.

“One of the big challenges of designing and managing clinical trials for ALS stems from the fact that not only is it a rare disease, but also clinical heterogeneity makes it hard to identify markers correlating with disease severity for enabling successful clinical trials. As a result, after decades of research, there is still no real cure for ALS and other neurodegenerative diseases, such as Alzheimer’s disease,” explained Prof. Lerner. “The novel platform, which uses machine learning algorithms, will enable not only accurate prediction of disease progression, a crucial ingredient for better clinical trials, but also identification of interrelationships between demographics and measurable factors from physical examinations and patient functionality that will advance clinical research of this devastating condition. In conjunction with further validating the platform for ALS using patient clinic data, we are now extending its ability to other neurodegenerative diseases such Parkinson’s and Alzheimer’s.”

“Now that the algorithms producing the models have been established and evaluated, the funding we recently received from the Israel Innovation Authority will enable researchers to create a system that can be implemented on PCs, the cloud, and cellular applications for personalized monitoring and prediction of ALS progression for the sake of patients, physicians, caregivers, pharmaceutical companies, and health maintenance organizations,” stated Itzik Mashiach, Business Development at BGN Technologies. “We are now seeking an industry partner for the further development and commercialization of this innovative patent-pending technology.”

About ALS

Amyotrophic lateral sclerosis (ALS) is a disease that causes the death of neurons controlling voluntary muscles. It is characterized by stiff musclesmuscle twitching, and gradually worsening weakness resulting in difficulty to speakswallow, walk and eventually breath. ALS is a lethal disease with no cure, and in approximately 90% of the cases, its cause is unknown. It affects 2–3 people per 100,000 per year. The disease progresses very rapidly with survivability of 3–5 years on average, with the exception of ~10% who survive for more than 10 years (for example Prof. Stephen Hawking, who recently died 55 years after being diagnosed). There is currently no effective drug and no clear biomarker that allows for early identification of the disease.

About BGN Technologies

BGN Technologies is the technology company of Ben-Gurion University, Israel. The company brings technological innovations from the lab to the market and fosters research collaborations and entrepreneurship among researchers and students. To date, BGN Technologies has established over 100 startup companies in the fields of biotech, hi-tech, and cleantech as well as initiating leading technology hubs, incubators, and accelerators. Over the past decade, it has focused on creating long-term partnerships with multinational corporations such as Deutsche Telekom, Dell-EMC, IBM, PayPal, and Bayer, securing value and growth for Ben-Gurion University as well as for the Negev region. For more information, visit the BGN Technologies website.

Media Contact:

Tsipi Haitovsky
Global Media Liaison
BGN Technologies
Tel: +972-52-598-9892
E-mail: tsipihai5@gmail.com

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/ben-gurion-university-introduces-novel-ai-platform-for-monitoring-and-predicting-als-progression-300797792.html

SOURCE BGN Technologies

MyKlovr and Financial Fitness Group Partner to Help Families Understand College Financing

NEW YORK, Feb. 19, 2019 /PRNewswire/ — Recognizing that nearly three-quarters of U.S. families are concerned about paying for college as higher education costs continue to increase, myKlovr has partnered with Financial Fitness Group (FFG) to provide online educational financing resources for students and parents. MyKlovr provides the first-ever virtual college counseling platform powered by artificial intelligence to deliver personalized college planning services.

Delivering Students Solutions, One Student at a Time (PRNewsfoto/myKlovr)

The average four-year tuition costs for public and private schools increased by 25 percent in constant dollars from 2005-2006 to 2015-2016, according to the National Center for Education Statistics. At the same time, from 2006 to 2016 the real median household income increased by only 3%, according to the Federal Reserve Bank of St. Louis. The average 2016 graduate has more than $37,000 in student loan debt, which now represents the second largest debt category in the United States at $1.9 trillion.

Providing financial e-learning, Financial Fitness Group has curated a dedicated library of content on topics such as education and employment, saving and paying for college, tuition plans, managing student loans and more. FFG’s solutions will now be available at no extra charge to myKlovr users as yet another benefit to their membership.

Paying for college is a major hurdle for many, if not most families across the country. Financial concerns can prevent students from maximizing their potential and talents, even applying to and attending college,” said Gustavo G. Dolfino, Founder and CEO of myKlovr. “Partnering with Financial Fitness Group to share their expertise allows us to provide best-in-class financial training for education, while rounding out our holistic college counseling solutions.

Financial Fitness Group provides independent financial education to over 2 million people. We look forward to working with myKlovr and making available our exclusive tools and expertise to help more of the 16 million high school students in America achieve the college education of their dreams, without overwhelming student loan debt,” said Miguel Vasquez, Chief Executive Officer of Financial Fitness Group.

MyKlovr was built so college-bound students and their parents can travel the journey to college admissions together, including college search, applications, financial preparation, and ultimately admission. It offers personalized, step-by-step guidance aiming to help students increase their chances of being admitted to the best college for them.

About myKlovr

www.myklovr.com

A media division of Student Global, LLC, established in New York in 2016. MyKlovr is the first-of-its-kind virtual college counseling platform that utilizes predictive data analytics and artificial intelligence to increase every high school student’s chances of college admission.

About Precision Information, DBA Financial Fitness Group

www.financialfitnessgroup.com

Established in 1998, FFG developed a financial e-learning platform and actionable ecosystem designed to maximize engagement and improve financial aptitude, behaviors and confidence. As the industry leader, FFG provides financial education solutions for Financial Services, Public, and Employer organizations.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/myklovr-and-financial-fitness-group-partner-to-help-families-understand-college-financing-300796234.html

SOURCE Student Global, LLC

Ortec Finance Launches Goal-based Financial Planning Solution on Salesforce AppExchange

Rotterdam, Netherlands, Feb. 19, 2019 /PRNewswire/ — Today Ortec Finance, a market-leading provider of quantitative modeling software for the global wealth management sector, has launched its goal-based financial planning software – OPAL — on Salesforce AppExchange, the world’s leading enterprise cloud marketplace. With this solution, Ortec Finance will deliver institutional-grade wealth management capabilities and assisted robo-advice in wealth planning with involvement of a relationship manager. OPAL integrates with Salesforce Sales Cloud and Financial Services Cloud (FSC), providing relationship managers not just a single view of their customers but also the ability to understand their personal life goals.

Salesforce and Ortec Finance Logo

Natively integrated with the Salesforce Platform and FSC, OPAL is currently available on AppExchange.

OPAL – Goal-based Financial Planning solution

Established in 1981, Ortec Finance has become a specialist in goal-based wealth planning and financial planning solutions that can be tailored for individual markets. The firm’s OPAL is a leading software solution for financial institutions globally, providing goal-based financial planning models that enable people to manage the complexity of investment decision making.

Sander Daniels, Regional VP for FS EMEA, commented, “Every client has different goals. One person might be saving for a dream home, another is planning to send their child to university while a third wants to open a small business. Unless an advisor has a pulse on their needs, they won’t be successful. The problem is that many advisors lack the ability to track these client goals and provide the proactive and personalized advice needed to grow the relationship.”

Globally, OPAL is a leading solution  in jurisdictions where regulation such as the Retail Distribution Review and MiFID II has had a significant impact on the wealth management sector. By leveraging the company’s institutional investment risk management expertise of using top-notch calculations as the core of the solution, OPAL enables financial institutions to translate personal goals of their clients into an optimal financial plan and monitor these goals over time.

Iwan Schafthuizen, MD Business Development OPAL, said: “With this new solution, financial institutions using Salesforce can easily utilize the integrated economic wealth projections that until now have only been available in the institutional markets. We are also looking forward to further enhancing the OPAL wealth and financial planning capabilities within Salesforce AppExchange.”

The OPAL wealth projections give insight into the risk and return of investments, enabling enhanced investment decision-making and transforming the advice process into a client-centric endeavor to achieve personal financial goals with suitable investment strategies. Ortec Finance’s portfolio of clients includes ING Bank, Skandia, ABN AMRO Bank, Jyske Bank, Munnypot and Union VisualVest that use OPAL to advise their clients and monitor their financial goals.

Comments on the collaboration news

“Our vision is to unify an ecosystem of leading financial services technology partners,” says Rohit Mahna, SVP & GM of Financial Services at Salesforce. “By collaborating with leading FinTech trailblazers like Ortec Finance, we’re able to extend the capabilities of our platform and put customers at the center of these new experiences.”

“We are delighted to be part of the ecosystem of the world’s leading CRM provider,” says Ton van Welie, Ortec Finance CEO. “This collaboration not only enables global reach and availability of the OPAL solution, but also gives the future opportunity to enhance OPAL with future developments like financial and retirement planning.”

About Salesforce AppExchange

Salesforce AppExchange, the world’s leading enterprise cloud marketplace, empowers companies to sell, service, market and engage in entirely new ways. With more than 5,000 solutions, 6 million customer installs and 80,000 peer reviews, it is the most comprehensive source of cloud, mobile, social, IoT, analytics and artificial intelligence technologies for businesses.   

Salesforce, AppExchange, Financial Services Cloud, Sales Cloud and others are among the trademarks of  salesforce.com, inc.

About Ortec Finance

Ortec Finance was created in 2007 through a management buyout of the company ORTEC B.V., which was founded in 1981 by four innovative students of econometrics at the Erasmus University of Rotterdam who believed that mathematical models could be used to optimize the performance of companies. More than 35 years later, this is still the core of its expertise. With a team of 260 experts in Rotterdam, Amsterdam, Hong Kong, the United Kingdom, Canada, and Switzerland, Ortec Finance serves its customers completely independently.

Ortec Finance is a leading provider of technology and solutions for risk and return management.

  • 20+ countries represented
  • 500+ customers
  • 96% retention rate
  • 3 trillion euro total assets managed by our clients

More information is available at http://www.ortecfinance.com

Media Contact
Anja Deelen
Head of Global Marketing & Communications, Ortec Finance B.V.
Anja.Deelen@ortec-finance.com
+31-615120524

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/ortec-finance-launches-goal-based-financial-planning-solution-on-salesforce-appexchange-300797799.html

SOURCE Ortec Finance B.V.

SDL Calls On Brands to Rethink Global Content Strategies as the Future of Content Becomes Autonomous

MAIDENHEAD, England, Feb. 19, 2019 /PRNewswire/ — SDL (LSE: SDL), a global leader in content creation, translation and delivery, today calls on brands to rethink current content strategies, and prepare for a digital future where content supply chains are autonomous, machine-first and human optimized, for greater impact with worldwide audiences, across any language and device.

Companies are struggling to handle the growing volume and velocity of content required to engage with global audiences. And it’s expected to get worse: 93% say the content they produce will increase in the next two years*. SDL’s Enabling the Future of Content report addresses these challenges, offering insights on how companies can move towards an autonomous content supply chain of the future, capable of delivering any type of content to global audiences.

“Engaging with customers globally requires content, and lots of it. This content all needs to be tailored for different channels, devices – and of course languages,” explains Peggy Chen, CMO, SDL. “If brands want to stay ahead, they’re going to have to build autonomy into their supply chain, remove those mundane manual processes and make humans and machines work together to deliver more personalized experiences – at scale.”

Offering strategies and technical insights across the creation, translation and delivery stages of the content supply chain, the report suggests that the future content supply chain relies on Linguistic AI, a technology that helps to understand, transform and create content in any language.

The report has been developed based SDL’s experience of working with 90 of the globe’s top 100 brands and over 25 years’ leadership and innovation in content management and language solutions.  

CREATE: Connect Content Repositories to Linguistic AI

Many organizations continue to approach content from a quantity perspective, spending an inordinate amount of time generating content. Because of the difficulty in crafting a message, visualizing it, and delivering it to the appropriate channels, this content is rarely individually tailored. Although companies strive to deliver relevant and personalized messages, for the most part, many can only hope the right content attracts the right person on the right channel at the right moment. 

A content supply chain of the future will make content more usable regardless of where it created or stored. Similarly, multiple AIs – narrowly focused on specific business problems – will solve complex content problems, connecting an answer with an in-the-moment customer question. Linguistic AI will make content available immediately so that more time is spent extracting and producing value from content, rather than searching and managing it.

TRANSLATE: Machines Should Manage the Translation Process

Currently, humans decide what needs to be translated, who translates it, and how it is translated. This, alongside a multitude of other decisions, slows down the translation process considerably. The supply chain of the future will take a machine-first translation approach, streamlining many of these bottlenecks through Linguistic AI. It will analyze the impact of content and determine whether it merits human involvement, initiating handoffs between content management and translation management systems.

Linguistic AIs will pre-translate the content using neural machine translation (NMT), retrieve useful complementary texts, contact linguists and send them a translation kit. The human linguists who edit the pre-translation will then improve future machine translations since the AI learns from their edits.

DELIVER: Content Is No Longer Created, It Should Be Synthesized

Content drives the digital experience – whether created by an organization’s employees or by customers. Content is also data, which breathes life into AI. In many cases, organizations sit on a mountain of valuable internal data that is hardly touched. While we may be producing more content than ever before, every person is limited in how much content they can actually consume. At a certain point, humans can only read, watch, and listen to so much. What matters is relevance.

An autonomous content supply chain of the future will synthesize content on demand, rather than just delivering more content. This synthesized content will be derived by combining internal content data and customer data. Linguistic AIs will make it easy to identify the intent of the human seeking information, connecting them with the appropriate content for more significant impact than ever before.

Notes to Editors:

Click here to read SDL’s Enabling the Future of Content report

*Source: Today’s Content Supply Chains Prevent Continuous Customer Journeys

About SDL
SDL (LSE: SDL) is the global leader in content creation, translation and delivery. For over 25 years we’ve helped companies communicate with confidence and deliver transformative business results by enabling powerful experiences that engage customers across multiple touchpoints worldwide. Are you in the know? Find out why 90 of the top 100 global companies work with and trust us on SDL.com. Follow us on TwitterLinkedIn and Facebook.

 

Cision View original content:http://www.prnewswire.com/news-releases/sdl-calls-on-brands-to-rethink-global-content-strategies-as-the-future-of-content-becomes-autonomous-300797235.html

SOURCE SDL Plc

GreyOrange adds Flexo modular sortation system to its AI-powered solutions for Flexible Automation in modern distribution and logistics centers

ATLANTA, Feb. 19, 2019 /PRNewswire/ — Robotics and warehouse automation company GreyOrange, launched its latest modular sortation system, designed for modern distribution and logistics centers serving retail, and courier and express companies. The Flexo robotics system was demonstrated to customers and visitors in Stuttgart at the 17th edition of LogiMAT, an international trade fair for intralogistics solutions.

Designed for versatility, portability and sortation efficiency, the new GreyOrange Flexo modular sortation system fits well in most warehouses thanks to its fluidic layouts, requiring minimal additional infrastructure. This high-performance system, capable of operating 24×7 round the clock, reduces cost per shipment and dependency on additional labor during peaks. The AI-enabled robotics system can be easily scaled to meet evolving business needs to handle large peaks, and reduced during non-peak hours to minimise operating costs. Flexo components are designed to allow for fast implementation in as short as 15 days due to its simple design, modularity and standardisation.

Samay Kohli, CEO and Co-founder, GreyOrange, highlighted, “Our new robotics systems offer the type of flexible automation, as opposed to rigid automation, that modern warehouses need to operate with agility in a complex environment. GreyMatter, our AI-enabled Warehouse Execution Platform, makes all the difference in unlocking new levels of productivity. Flexo is cost-efficient and makes the system more investment-friendly. Capacity can be increased easily with the addition of more Autonomous Mobile Robots (AMRs) as the business grows.”

Today, postal, courier and express businesses face many new kinds of challenges due to unprecedented growth in volumes, combined with the volatility of peak periods, and increasing customer expectations for same and next day deliveries. To remain competitive, logistics centers need to be enabled by new-generation technologies that can cope with the fast-evolving realities of the industry.          

Sid Chatterjee, Vice President — Products, GreyOrange, added, “The unique feature of the Flexo modular sortation system is its fleet of AMRs. These carry parcels from inducts – where parcels arrive – to its sort destination, using the most efficient path determined by Artificial Intelligence and Machine Learning algorithms. These robots perform high-speed sortation, similar to a fixed conveyor sorter conventional sorting systems, with added advantages such as the ability to add sorting capacity during peak periods, much faster deployment, easier layout updates, and modular components that can be individually turned off when not in use.”

Its plug-and-play modular components, can be added at any time without incurring downtime. Designed with no single point of failure, Flexo can handle up to 12,000 parcels per hour sorting up to hundreds of destinations; including common post and courier items up to 15 kgs (33 pounds).

Recognised as one of the world’s top 50 robotics companies by Robotics Business Review for three consecutive years since 2016, GreyOrange has customer sites located in USA, South America, Europe and Asia.

Get a hands-on demo of the latest high-performance GreyOrange solutions from April 8-11 at PROMAT 2019 in Chicago, Stand S3275. Contact info@greyorange.com. Register at https://www.greyorange.com/event/ProMat-2019

About GreyOrange

GreyOrange is a multinational technology company that designs, manufactures and deploys advanced robotics systems for automation in distribution and fulfilment centers. Through the use of flexible automation, the power of AI and exceptional customer service, we work closely with businesses to recognize their needs, optimize the supply chain and enhance process efficiency. As we prepare businesses for the future, our customers can focus on what they do best: create, sell and innovate. We help our customers evolve their business, without sacrificing what makes it unique. Founded in 2011, GreyOrange is headquartered in Singapore with offices in India, Japan, Germany and USA, and three state-of-the-art research and development centers in India, USA and Singapore. To know more, visit www.GreyOrange.com.    

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/greyorange-adds-flexo-modular-sortation-system-to-its-ai-powered-solutions-for-flexible-automation-in-modern-distribution-and-logistics-centers-300797666.html

SOURCE GreyOrange

The BBVA Foundation recognizes Ivan Sutherland for revolutionizing human-machine interaction through computer graphics and virtual reality

MADRID, Feb. 19, 2019 /PRNewswire/ — The BBVA Foundation Frontiers of Knowledge Award in the Information and Communication Technologies category has gone in this eleventh edition to American computer engineer Ivan Sutherland, for “pioneering the move from text-based to graphical computer displays,” in the words of the citation. Almost sixty years ago, at a time when computers took up an entire room, Sutherland not only invented the first system supporting graphical interaction with these machines, he also developed the first virtual reality headset, which he nicknamed the “Sword of Damocles.”

In a career spanning more than six decades, Sutherland has paired “a deep knowledge of technology with an understanding of human behavior to transform computer interaction,” the citation continues. Nowadays, “everybody using a computer or smartphone benefits from his vision and contributions.”

Sutherland gave notice of his visionary talent with his doctoral thesis, presented at the Massachusetts Institute of Technology (MIT) in 1963 under the supervision of Claude Shannon, the “father” of information theory. It described the Sketchpad program, which showed that computer graphics could provide a more natural interaction between user and machine, and is generally regarded as the predecessor of the graphical interfaces we know today, from the windows system begun by Apple to the icons of our smartphone apps. It is in honor of these achievements that the committee describes him as “the father of computer graphics.”

At a time when punch cards were the norm, the ideas behind Sketchpad were “revolutionary,” says the awards committee. The program “laid the foundations for intuitive and powerful human-computer interaction through drawing and manipulating shapes and icons rather than through typing commands. Sketchpad provided a light pen and commands to draw directly on a computer display, to zoom in and out, and to transform objects.”

In conversation yesterday after hearing of the award, Sutherland gave thanks to Wesley Clark, builder of “what was then the world’s biggest computer, the TX-2” for letting him use it “for hours at a time” to develop Sketchpad. “Being able to draw on a computer screen was totally unusual and unexpected, and awakened a lot of people to the possibility of using computer graphics,” the new laureate remarked.

Asked if he could imagine then the kind of applications his work would inspire, Sutherland admitted he had “no idea what it would lead to. I did it because it was interesting to do. I was given access to a computer. I wanted to make drawings on that computer, because I liked drawings, and I liked to make them neat, and the computer delivered that. I did what I did because each step was interesting and technically possible, and clearly gave us access to information in a new way that would obviously be useful, even if how it would be used was not clear.”

The first virtual reality headset

A few years later, as a professor at Harvard University, Sutherland created the first virtual reality headset “with potential to track the user’s gaze,” the committee explains. This device, which he built with his students in 1968, was nicknamed “The Sword of Damocles” due to its weight, and is referred to in the citation as the precursor of “today’s virtual and augmented reality systems such as HoloLens, Rift and Vive.”

In the original paper describing the device, Sutherland explained that his goal was “to surround the user with three-dimensional information,” an image that “must change in exactly the way that the image of a real object would” when the observer moves their head. The objects projected “appear to hang in the space all around the user,” writes Sutherland, for whom “the biggest surprise” was the enthusiastic response of the device’s initial public and the “realism” of its images. He ends the report confessing that at the outset he had “no idea how much effort would be involved.”

As with Sketchpad, Sutherland had no inkling of the world that virtual reality would open up. Nor is he willing now to hazard predictions about its future uses: “If you want to know the future, you have to ask the people who make it not the people who started it. I have no idea what other people will do.”

More than 60 patents

Sutherland’s influence has spanned academia and industry. Not only does he himself hold over 60 patents, but a number of his students have gone on to found some of the sector’s most thriving companies.

In 1968 he moved to the University of Utah, where he incorporated Evans & Sutherland, a firm that pioneered the development of 3D graphics hardware, and was accompanied by “brilliant students,” he remarked yesterday. “Their excellence enabled several of them to be involved in entrepreneurial companies, some of which did marvelous things. For instance, Edwin Catmull started Pixar, which makes very entertaining films. And John Warnock was one of the founders of Adobe. I am pleased to have known those people and made some small contribution to their education.”

His next academic appointment, in the 1970s, was at the California Institute of Technology, where he worked closely with Carver Mead, winner of the Frontiers of Knowledge Award in the fourth edition. Sutherland’s name was put forward for the award by another Frontiers laureate, Leonard Kleinrock, honored in the seventh edition.

The latest awardee makes just one assertion about the future; that it will depend entirely on the next generation’s spirit of inquiry: “Young people are wonderful. They don’t know what they can’t do, so they go ahead and do it.”

Bio notes

Ivan Sutherland (Hastings, Nebraska, United States, 1938) earned a Bachelor of Science degree in Electrical Engineering at Carnegie Mellon University, then went on to complete an MS and PhD in the same subject at California Institute of Technology (Caltech) and Massachusetts Institute of Technology respectively.

His research and teaching career began at the University of Maryland, followed by appointments at Harvard and Utah universities, Caltech (where he set up the Department of Computer Science), Carnegie Mellon University, Imperial College London, the University of California, Berkeley, and Portland State University, where he is currently a Visiting Scientist.

He has founded a number of companies, including Evans & Sutherland Computer Corporation, Picture Design Group and Sutherland, Sproull & Associates, the latter acquired by Sun Microsystems to form Sun Microsystems Laboratory, where Sutherland would remain for several years as Vice President and Sun Fellow (the firm’s most senior technical post).

An intensive research enterprise in both the university and corporate sectors has earned him numerous patents; the first in 1956, when he was just 21 years old, followed by another seventy-four.

He combines his post at Portland State University with consulting work for the U.S. Government and firms like Oracle Laboratory and ForrestHunt

Information and Communication Technologies committee and evaluation support panel

The rigor, quality and independence of the judging process have earned these awards the attention of the international scientific community and a firm place among the world’s foremost prize families.

The jury in this category was chaired by Joos Vandewalle, Honorary President of the Royal Flemish Academy of Belgium for Science and the Arts, with Ron Ho, Director of Silicon Engineering at Facebook (United States) acting as secretary. Remaining members were Liz Burd, Pro Vice-Chancellor in Learning and Teaching at the University of Newcastle (Australia), Georg Gottlob, Professor of Informatics at the University of Oxford (United Kingdom), Oussama Khatib, Professor of Computer Science at Stanford University (United States), Rudolf Kruse, Emeritus Professor in the Faculty of Computer Science at the Otto von Guericke University Magdeburg (Germany), and Mario Piattini, Professor of Computer Languages and Systems at the University of Castilla-La Mancha (Spain).

The BBVA Foundation is aided in the evaluation process by the Spanish National Research Council (CSIC), the country’s premier public research organization. The Foundation and CSIC jointly appoint the evaluation support panels charged with undertaking an initial assessment of the candidates proposed by institutions across the world and drawing up a reasoned shortlist for the consideration of the award committees. CSIC is also responsible for designating each committee chair.

The evaluation support panel in this category was coordinated by María Victoria Moreno, the Council’s Deputy Vice President for Scientific and Technical Areas, and formed by: Carmen García, Coordinator of the Physical Science and Technologies Area and Research Professor in the Institute of Corpuscular Physics (IFIC); Manuel Lozano, Research Professor at the Barcelona Institute of Microelectronics (IMB-CNM); Pedro Meseguer, Scientific Researcher at the Institute of Research in Artificial Intelligence (IIIA); Federico Thomas, Research Professor in the Institute of Robotics and Industrial Computing (IRII); and Roberta Zambrini, Tenured Researcher in the Institute of Interdisciplinary Physics and Complex Systems (IFISC).

About the BBVA Foundation Frontiers of Knowledge Awards

The BBVA Foundation centers its activity on the promotion of world-class scientific research and cultural creation, and the encouragement of talent.

The BBVA Foundation Frontiers of Knowledge Awards, established in 2008, recognize and reward contributions of singular impact in science, art and the humanities, privileging achievements that significantly expand the frontiers of the known world, open up new fields, or emerge from the interaction of various disciplinary areas. Their eight categories are congruent with the knowledge map of the 21st century, ranging from basic sciences to key challenges for the natural environment by way of domains at the crossroads of disciplines – Biology and Medicine; Economics, Finance and Management – or the supremely creative realms of music and the opera.

LAUREATE’S FIRST DECLARATIONS AND IMAGES

 

A video recording of the new laureate’s first interview on receiving news of the award is available from the Atlas FTP with the following coordinates:

 

Server: 5.40.40.61

 

Username: agenciaatlas2

 

Password: fronteras

 

The video is in the folder labelled:

 

“PREMIO TECNOLOGÍAS DE LA INFORMACIÓN Y LA COMUNICACIÓN”

 

In the event of connection difficulties, please contact Miguel Gil at production company Atlas:

 

Mobile: 619 30 8774

 

E-mail: mgil@mediaset.es

 

Calendar of announcement events

BASIC SCIENCES

Tuesday, 5 March, 2019

ECONOMICS, FINANCE AND MANAGEMENT

Tuesday, 26 March, 2019

MUSIC AND OPERA

 Tuesday, 9 April, 2019

HUMANITIES AND SOCIAL SCIENCES

Tuesday, 30 April, 2019

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/the-bbva-foundation-recognizes-ivan-sutherland-for-revolutionizing-human-machine-interaction-through-computer-graphics-and-virtual-reality-300798203.html

SOURCE BBVA Foundation