Press Releases

HUAWEI CLOUD Gains Ground in Global Markets through Cloud + AI + 5G + IoT

SHANGHAI, Sept. 20, 2019 /PRNewswire/ — HUAWEI CLOUD has announced a series of 2019 strategic investments to expand its global footprint in response to growing demand for its intelligent, secure and stable cloud platform. HUAWEI CLOUD is seeing strong adoption of its services, and today operates 23 cloud regions and 45 availability zones across Africa, Asia Pacific, Europe, and Latin America, empowering digital transformation for organizations globally.

At HUAWEI CONNECT 2019, Edward Deng, President of HUAWEI CLOUD Global Market, said: “The convergence of Cloud+AI+5G+IoT creates a dramatically new value proposition. We define this technology combination and its accompanying changes as the ‘New Confluence.’ This new fusion creates new experiences, applications, and industries, allowing all the things that were not good enough, impossible to realize, or unimaginable in the past to be realized, therefore delivering revolutionary social value.”

Edward Deng, President of HUAWEI CLOUD Global Market

AI, 5G and IoT will converge through multi-architecture cloud services on HUAWEI CLOUD to propel the “New Confluence” and accelerate the intelligence transformation.

Delivering the AI Advantage to Asia Pacific Enterprises

To meet demand, in 2019, HUAWEI CLOUD deployed more availability zones, providing secure and reliable cloud services across Asia Pacific. Today in the region there are 7 availability zones, with local service teams in more than 10 countries to resolve customer issues quickly and easily.

In addition, HUAWEI CLOUD launched several new services that deliver game-changing AI capabilities to help Asia Pacific businesses drive efficiency, innovation and growth.

Since the beginning of 2019, in Asia Pacific HUAWEI CLOUD has seen increased adoption among enterprises in the internet, finance, telecommunications, transportation, and logistics sectors.

One customer benefitting from HUAWEI CLOUD is J&T Express, an express delivery company that provides services for more than 600 million users in seven countries in Southeast Asia. J&T Express leverages HUAWEI CLOUD’s global coverage to optimize its transnational IT architecture and deploy services on the cloud.

The World’s First Cloud Service Provider in Africa

HUAWEI CLOUD is now offering commercial services in South Africa. This makes Huawei the world’s first cloud service provider with an operational data center in Africa, with support currently provided across 12 African countries.

In the past six months, HUAWEI CLOUD’s users and partners have rapidly grown in Africa. Its customers include leading African enterprises, such as the following:

  • Kilimall, Africa’s local e-commerce platform, uses HUAWEI CLOUD to quickly scale resources and flexibly add new services based on fast-evolving customer demands.
  • Weshare, a leading Internet finance company, is benefitting from a two week service deployment that shortens the latency of access to the headquarters to less than 100 ms, enabling quicker financial services in Kenya.
  • Africawide, a consulting company in South Africa, for which HUAWEI CLOUD applied container technologies and built a global operations center to reduce TCO, improve customer experience, and enhance service flexibility.

Enabling Ambitious Businesses to Grow with Intelligence

In August, Huawei Cloud announced its Chile region opening, providing a full-stack cloud platform and a wide range of Artificial Intelligence (AI) services for Latin America.

Scaling globally represents huge opportunities for these enterprises and is critical to the development of industries and economies. To enable this growth, HUAWEI CLOUD will continue to expand its global presence to offer one-click access to a global infrastructure supported by local services, allowing a global reach while meeting local data requirements.

About Huawei

Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices.

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Asia-Pacific CAD Software Market Research Report 2019 – Industry Analysis and Forecast to 2024

DUBLIN, Sept. 20, 2019 /PRNewswire/ — The “Asia-Pacific CAD Software Market Research Report: By Technology, Deployment Type, Model, Level, Application, Regional Insight – Industry Analysis and Forecast to 2024” report has been added to ResearchAndMarkets.com’s offering.

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The Asia-Pacific (APAC) computer-aided design (CAD) software market is predicted to generate a revenue of $4.0 billion by 2024, progressing at a 9.4% CAGR during the forecast period.

The increasing adoption of CAD software in the automotive and packaging industries due to the surging need for precise designs for product prototyping is one of the key factors behind the growth of the market. On the basis of technology, the market is bifurcated into 2D and 3D software. Of these, the 3D software bifurcation is projected to hold the majority of the market share during the forecast period.

Three-dimensional CAD software offers better visualization and precise design capabilities, as well as reduces the errors in the product development process. Although 2D CAD software is useful in simulating and monitoring the basic subsystem and general component arrangement, it is not proficient in providing the exact interface, fit, and function of assembly components, which, in turn, is accelerating the adoption of 3D technology among CAD software users in the APAC region. On the basis of deployment type, the CAD software market in APAC is classified into cloud-based and on-premises.

Out of these, in 2018, the on-premises classification held more than 60.0% share in the market, due to the higher amount of customization and improved security features provided by on-premises CAD software. However, during the forecast period, the cloud-based classification is predicted to exhibit faster growth in the CAD software market in APAC on account of the increasing preference of large and small manufacturing and designing firms for cloud CAD solutions for data management and improved scalability. In every industry, the applications of artificial intelligence (AI) and machine learning are surging at a tremendous rate.

The integration of AI in CAD is creating ripples in the designing sector, as designers are using the generative design technology to automate the procedure. With CAD software, users can easily reverse-engineer a product from its image at a faster pace. Besides, AI helps users produce highly accurate designs with realistic view while using generative design methods, wherein the software helps in design process automation. The designs thus made are more complex as compared to traditional designs, and thus need additive manufacturing to be converted into the physical form.

One of the key trends being observed in the APAC CAD software market is the rapid end-user shift toward subscription-based from license-based models. The traditional CAD software licensing model is expensive, and as a result small and medium enterprises (SMEs) with low IT budget, most of the time, find it difficult to integrate the software in their work atmosphere.

Hence, to lower the dependence on this model, organizations have shifted toward subscription-based CAD software. Since SMEs make up over 90.0% of the total registered enterprises in the region, a huge number of market players are rapidly focusing on subscription-based CAD software models to cater to this expanding customer base.

Key Topics Covered:

Chapter 1. Research Background

1.1 Research Objectives

1.2 Market Definition

1.3 Research Scope

1.4 Key Stakeholders

Chapter 2. Research Methodology

2.1 Secondary Research

2.2 Primary Research

2.3 Market Size Estimation

2.4 Data Triangulation

2.5 Assumptions for the Study

Chapter 3. Executive Summary

Chapter 4. Introduction

4.1 Definition of Market Segments

4.1.1 By Technology

4.1.1.1 2D software

4.1.1.2 3D software

4.1.2 By Deployment Type

4.1.2.1 Cloud

4.1.2.2 On-premises

4.1.3 By Model

4.1.3.1 Wireframe

4.1.3.2 Surface

4.1.3.3 Solid

4.1.4 By Level

4.1.4.1 Beginner

4.1.4.2 Intermediate

4.1.4.3 Pro

4.1.5 By Application

4.1.5.1 Aerospace and defense

4.1.5.2 Arts

4.1.5.3 Manufacturing

4.1.5.4 Automotive

4.1.5.5 Healthcare

4.1.5.6 Media and entertainment

4.1.5.7 Others

4.2 Value Chain Analysis

4.3 Market Dynamics

4.3.1 Trends

4.3.1.1 Shift from license-based model to subscription-based model

4.3.1.2 Increasing adoption of mobile CAD

4.3.2 Drivers

4.3.2.1 Increasing number of start-up companies

4.3.2.2 Growing adoption of CAD software in the packaging industry

4.3.2.3 Proliferation of CAD in the automotive industry

4.3.2.4 Impact analysis of drivers on market forecast

4.3.3 Restraints

4.3.3.1 Rapid increase in the use of pirated software

4.3.3.2 Growing use of free and open-source CAD software

4.3.3.3 Impact analysis of restraints on market forecast

4.3.4 Opportunities

4.3.4.1 Integration of augmented reality (AR) and virtual reality (VR) technologies with CAD

4.3.4.2 Growing adoption of cloud-based CAD services

4.3.4.3 Integration of artificial intelligence (AI) with CAD for generative designs

4.4 Porter’s Five Forces Analysis

Chapter 5. APAC Market Size and Forecast

Chapter 6. China Market Size and Forecast

Chapter 7. Japan Market Size and Forecast

Chapter 8. India Market Size and Forecast

Chapter 9. South Korea Market Size and Forecast

Chapter 10. Rest of APAC Market Size and Forecast

Chapter 11. Competitive Landscape

11.1 Market Share Analysis of Key Players

11.2 Competitive Benchmarking of Market Players

11.3 List of Key Players and Their Offerings

11.4 Recent Activities of Major Market Players

11.5 Strategic Developments of Key Players

11.5.1 Mergers and Acquisitions

11.5.2 Product Launches

Chapter 12. Company Profiles

  • Autodesk Inc.
  • Bentley Systems Inc.
  • Dassault Systemes
  • Trimble Inc.
  • Gstarsoft Co. Ltd.
  • 3D Systems Corporation
  • AVEVA Group PLC
  • Hexagon AB
  • IronCAD LLC
  • Siemens AG
  • PTC Inc.

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Honeywell and NRStor C&I Launch Largest Behind-the-Meter Battery Energy Storage Program in the World

HOUSTON, Sept. 20, 2019 /PRNewswire/ — Honeywell (NYSE: HON) today announced an agreement with NRStor C&I L.P. (“NRStor”) to launch the Experion® Energy Program, which will create the largest behind–the-meter (BTM) energy storage deployment to date in North America. The agreement will offer energy storage as a service to commercial and industrial customers.

Under the agreement, Honeywell and NRStor will develop and operate 300 megawatts (MW) of BTM battery energy storage systems (BESS) across the U.S. and Canada starting in early 2020. Operated remotely, these systems will provide customers with electricity cost savings, improved sustainability and resiliency.

“This BTM deployment alone matches North America’s total energy storage deployments in 2018,” said Moe Hajabed, chief executive officer of NRStor C&I L.P. “This collaboration brings Honeywell’s operational excellence, precise equipment and construction to NRStor’s projects and expands the customer base that can take advantage of our energy solutions. This also creates an opportunity for other developers to fund and implement their projects through NRStor’s platform.”

The energy storage systems will be supported by two state-of-the-art remote operations centers (ROCs) that use proprietary artificial intelligence-based peak prediction and value stack optimization algorithms. These centers will automatically start the battery systems to maximize savings for commercial and industrial customers. Honeywell’s advanced control technologies will enable precise battery dispatch along with network security and cybersecurity protection.

“Our operations platform makes it easier to anticipate and manage demand and energy generation in today’s complex energy ecosystem,” said Eren Ergin, general manager, Renewable Energy and Distributed Assets, Honeywell Process Solutions. “Honeywell’s battery energy storage systems, software solutions and outcome-based performance guarantees will help end users optimize their operations and realize significant savings. Together with NRStor, we look forward to making industrial operations across North America more efficient and sustainable.”

NRStor C&I is a leading energy storage solution provider for commercial and industrial customers across North America. NRStor C&I provides energy storage as a service under a turn-key build, own, and operate business model that doesn’t require a capital outlay from the customer.

To learn more, visit Honeywell Renewable Energy.

Honeywell (www.honeywell.com) is a Fortune 100 technology company that delivers industry specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help everything from aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable.  For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

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Stephen Henn Joins EXTEND Resources as New Chief Revenue Officer

STAMFORD, Conn., Sept. 20, 2019 /PRNewswire-PRWeb/ — EXTEND Resources, a leading data integrity, governance, and compliance company, today announced that Stephen Henn has joined the company as Chief Revenue Officer. Henn joins EXTEND Resources from Conduent, where he most recently served as Vice President, Analytics. There, he leveraged advanced technologies such as artificial intelligence, cognitive analytics, machine learning, and blockchain to create product suites that solve urgent client challenges.

Howard Hoffmann, EXTEND Resources CEO, noted, “Steve’s experience crafting solutions and developing relationships in a rapidly evolving and competitive space is a tremendous fit for our business. We bring deep domain expertise in data integrity, governance, and compliance for clients who look to enhance information security, revenue cycle, or operational performance. I’m thrilled to welcome Steve to our management team, and I look forward to seeing him leverage EXTEND’s capabilities along with the market opportunities in front of us.”

During his tenure at Conduent, Steve was instrumental in leading the development of new products around utilizing artificial intelligence, cognitive analytics, and blockchain for customers across multiple market verticals. Before his role at Conduent, Steve held several executive leadership and consulting roles, including CEO and President, North America/EMEA and Corporate Executive Officer for UBIC, as well as President and CEO of eMag Solutions, LLC.

Steve also serves as CEO and member of the Board of Directors for Fantome Media, Ltd., a next-generation media enterprise that creates core media content and builds extended content applications in complementary media formats. He serves as a member of the Board of Directors for NeuVanta, a company that provides evidence-based, technology integrated movement therapy systems for people who have movement-related disorders.

About EXTEND Resources

EXTEND Resources is an operational performance improvement company specializing in healthcare revenue cycle management, information security and data privacy management, and data extraction and analytics. EXTEND Resources brings deep domain expertise, process improvement know-how, and technology to clients, helping them tackle some of their most vexing data integrity, governance, and compliance challenges. To learn more, visit ExtendResources.com and follow the company on Twitter at @ThinkExtend.

 

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Explore the Boundaries of Industry Imagination: Grand Opening of 2019 CE Summit

GUANGZHOU, China, Sept. 20, 2019 /PRNewswire/ — On the morning of September 19, 2019, Consumer Electronics China (CE China) and International Consumer Electronics Summit (CE Summit) were unveiled in Guangzhou PWTC Expo. CE Summit was hosted by IDG Asia and co-organized by Berlin Exhibition Guangzhou Co., Ltd.

At present, the Internet of Things, cloud computing, big data, artificial intelligence, VR/AR and other cutting-edge technologies emerge endlessly, the process of 5G popularization is accelerating more and more quickly. With the whole coverage of Internet online and offline marketing, the emerging of the physical store scene setting, web celebrity economy and many other emerging markets and products, the progress of science and technology is rapidly transforming all aspects of the society, and making people’s life better and better. The deep integration of intelligent manufacturing with Internet, together with cross-industry innovation, has become a new trend in the development of consumer electronics industry. In this context, CE Summit grasps the pulse of the times, takes Internet innovation and intelligent development as the theme, and set two parallel forums of the “embracing the Internet of Everything, opening the intelligent life” and “insight”: deepening smart enabling”outside the main forum. About 1,000 industry elites from around the world will together discuss and talk around the development trend of international consumer electronics in one and a half days, among them, nearly one hundred guests from well-known manufacturers, academic investors and entrepreneurial teams will give speeches and participate in the interaction.

With unique location advantage, superior business environment, perfect industry systems, and good economic and social development vitality and the huge development potential, Guangzhou not only provides a better platform for CE China and CE Summit to promote the brand influence, but also will bring more cooperation opportunities for exhibitors and buyers from all over the world.

In the main forum of the conference held in the morning, Tan Jianrong, Academician of the Chinese Academy of Engineering, Bryan Ma, IDC global vice President, Brian Hirsh, CEO of Brightwood USA, Du Lan, Senior Vice President of Iflytek Co., Ltd, Zhang Cun, General manager of GfK special business department were invited to give the keynote speeches. Several industry leaders, from their unique perspective, made a careful and detailed analysis on the industry cutting-edge information related to smart home, AI and Internet of things.

In roundtable dialogue under the theme of “Interconnected Innovation for Intellectual Development”, Zhang Li, Vice President of IDG China, Niklas Vesely, founder and CEO of 2HEX, Germany, Brain Hirsh, CEO of Brightwood, USA, Shinsuke Yamamoto, General Manager of Imaging Solutions Division, Business Solutions Group, Sharp, Zhang Yu, Senior Vice Presidents of BOE, and Wu Junhua, Vice President of iFlytek South China Co., Ltd., together discussed related topics. In the intensive exchange of views, they opened up the new perspectives for the audience to view the hot issues of consumer electronics.

According to the introduction of the host, the conference is intended to enable the global consumer electronics industry from five aspects. Firstly, gather the global consumer electronics industry elites, display and release the world latest products and technologies, and comprehensively interpret and predict the development trend of the industry. At the same time, the conference will be held to build a platform for interaction and exchange, and accelerate the innovation and upgrading of technology, product, industry, commercial activity and mode. Moreover, the conference will upgrade the connection and cooperation with capital, promote the implementation and development of technological achievements and projects, and further stimulate technological innovation and industrial innovation. In terms of import and export trade, the conference will promote the diversified development of import and export trade structure by promoting exchanges and cooperation in the global consumer electronics industry. Finally, benefiting from the talent pool, the conference will create more career development opportunities and employment opportunities

In recent years, the rapid progress of China in the field of consumer electronics is obvious to all, and Guangzhou, as a first-tier city with profound economic foundation and cutting-edge geographical advantages of reform, is capable of becoming a stage to show the forefront of the world’s science and technology and industrial development. From 2017, when Guangdong-Hong Kong-Macao Greater Bay Area was written to the government work report for the first time, to February of this year, when the Outline of the Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area was issued by CPC Central Committee and the State Council, the Greater Bay Area has formed an economic system and development model mainly supported by innovation. The route for Guangzhou to comprehensively enhance its status as an international trade center and to cultivate and enhance the functions of science, technology, education and culture center has become increasingly clear. Under such a background, the international consumer electronics conference was held in Guangzhou. On the one hand, it can fully rely on the industrial foundation and development potential of the greater bay area, and on the other hand, it can benefit from global resources of IDG and the experience of IFA and the a hundred year experiences of Internationale Funkausstellung Berlin (IFA). 

Zhu Dongfang, Vice President of IDG Asia said that he looked forward to the wonderful exhibition of CE China and that the view collision of CE Summit could lead us to explore the boundary of the consumer electronics industry. He also hoped that CE China and CE Summit could become another beautiful business card of Guangzhou, build a bridge connecting the consumer electronics industry at home and abroad, and promote the exchange of business and technology, to build the bridge connecting consumer electronics industry at home and abroad and to promote commercial and technological exchanges.

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Computational Photography Market Worth $29.0 Billion by 2024 – Exclusive Report by MarketsandMarkets™

CHICAGO, Sept. 20, 2019 /PRNewswire/ — According to the new market research report Computational Photography Market by Offering (Camera Modules, Software), Type (Single- and Dual-Lens, 16-Lens), Product (Smartphone Cameras, Standalone Cameras, Machine Vision Cameras), Application (3D Imaging, AR, VR, MR), Region – Global Forecast to 2024″, published by MarketsandMarkets™, the Computational Photography Market was valued at USD 10.7 billion in 2019 and is projected to reach USD 29.0 billion by 2024; it is expected to grow at a CAGR of 22.0% during the forecast period.

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Camera modules for computational photography to hold the largest market share in 2019

The market growth of camera modules is attributed to the use of AI-based advanced cameras and the growing demand for arrays of cameras in a single product. The hardware and software of each computational camera are typically designed to produce a particular type of image. The captured image is optically coded. The computational module has a model of optics, which it uses to decode the captured image to produce a new type of image that could benefit a vision system.

The single and dual camera continues to hold the largest market share in computational photography market during the forecast year

The demand for these cameras is propelled by the growth of advanced smartphone cameras such as iPhone XS, iPhone X, Google Pixel, and others that use single- and double-lens camera modules for cutting-edge imaging. Having multiple-lens cameras has enabled manufacturers to add new features such as zoom, better HDR, portrait modes, 3D, and low-light photography. iPhone XS, Xiaomi Redmi 7S, Huawei Honor 8, and Samsung Galaxy Note 8 are among the recent smartphones with powerful dual rear cameras.

Smartphone cameras to hold the largest market share in computational photography market during the forecasted year

The computational photography market is driven primarily by the rising sales of smartphones equipped advanced cameras with artificial intelligence capabilities. Smartphones-based computational cameras are displaying significant changes in the market. There is a high impact of computational cameras in the smartphones market. Computational photography is now evolving in smartphones such as Apple, Google, and Samsung.

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3D imaging to hold the largest share of computational photography market in 2019

Computational photography cameras can be used for capturing images of a particular object from which a model of the scene can be generated automatically. A wide range of possible changes can be explored interactively and previewed on-set, including scene geometry and textures with the help of this technology. With advances in computer vision technology, it has become possible to capture 3D images using many different sensors and, in the process, to extract depth information.

North America held the largest market share between 2019 and 2024

The growth of the computational photography market in North America is driven mainly by the growth of the smartphone market in the region. According to Telecom Lead, apple accounted for approximately 40% of the total smartphone market in North America, followed by Samsung and Google. These smartphones have computational photography capabilities and are expected to be used primarily for imaging purposes.

The major players in computational photography market are Apple (US), Samsung (South Korea), Nvidia (US), Qualcomm (US), Adobe (US), Nikon (Japan), Sony (Japan), LG (South Korea), Light (US), Canon (Japan).

Please Explore Relevant Reports:

Augmented Reality Market by Offering (Hardware (Sensor, Displays & Projectors, Cameras), and Software), Device Type (Head-Mounted, Head-Up, Handheld), Application (Enterprise, Consumer, Commercial, Automotive) and Geography – Global forecast to 2023

Virtual Reality Market by Offering (Hardware and Software), Technology, Device Type (Head-Mounted Display, Gesture-Tracking Device), Application (Consumer, Commercial, Enterprise, Healthcare, Aerospace & Defense) and Geography – Global Forecast to 2024

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ASIC selects Call Journey to present in Voice Analytics Symposium

MELBOURNE, Australia, Sept. 20, 2019 /PRNewswire-PRWeb/ — The Australian Securities and Investments Commission (ASIC) is Australia’s integrated corporate, markets, financial services, and consumer credit regulator. In its continued efforts to deliver better regulatory compliance and outcomes for consumers, ASIC selected Call Journey, provider of market-leading Conversation Analytics solution, to showcase its regulatory technology (regtech) solution in the upcoming ASIC Regtech Voice Analytics Symposium on September 24, 2019.

Call Journey, led by CEO Paul Humphrey, is set to present the power of Conversation Analytics for organisations to better understand, manage and mitigate potential regulatory issues, while also providing valuable insights to address culture and conduct risk concerns.

“Our analytics solution can help companies dig into conversations occurring within their voice traffic and spot conduct risk in a high powered, scalable way covering all of their customer voice interactions,” said Humphrey. “We have created an assessment framework and audio processing eco system where companies can ingest their calls into our environment and assess the calls in parallel to ASIC guidelines and conduct expectations.”

VA&VT Trial

Last year, ASIC released Report 587: The sales of direct life insurance, which revealed that “sales practices and product design are leading to poor consumer outcomes.” To resolve this, ASIC conducted a Voice Analytics and Voice-to-text trial to examine the issues identified in the report, “determine the capabilities, benefits, and costs of applying voice analytics technology to regulatory activities, and to inform the financial services industry how these technologies may be adopted to aid compliance with regulatory requirements.”

Voice Analytics for Regtech and compliance

In his interview with the Financial Review in August 2018, Humphrey estimated that banks “recorded 15 million minutes of customer calls in their contact centre each month. But only one percent of this is analysed, and usually only after a problem has been identified.”

Having an effective data management and analytics program in place to mine, organise and translate calls into actionable insights provides companies with a flexible platform which can quickly adjust to meet changing reporting and compliance requirements. By using data analytics through a regulatory lens, companies can detect and prevent potentially improper transactions or misconduct before they create issues for the company. They can also consider appropriate action for historical issues identified.

A thought-leader in Regtech and analytics

Through Call Journey solution, organisations are able to accurately transcribe their calls, identify either the customer or the agent’s tone and sentiment, pinpoint triggers that cause customer churn, automate quality assurance, and track agent performance and customer satisfaction. The organisation can then take the data created by Call Journey’s advanced transcription eco-system and incorporate the company’s ASIC Assessment Framework without being tied to a particular analytics environment.

Call Journey is an established thought-leader in regtech and analytics space because of its years of experience and expertise and its key strategic partnerships with several financial services companies in Australia and across the globe.

About Call Journey

Call Journey is all about Voice Data. Our mission is to unlock every business conversation and add Voice into the Enterprise data mix. Our passionate Conversation experts bring together Natural Language Processing and Artificial Intelligence to create an industry-leading Conversation analytics ecosystem. Using this technology to harness the power of voice data, we’re helping organizations find answers to some of their biggest challenges by delivering insights that directly impact customer experience, business performance, risk management & compliance. For more information, visit http://www.calljourney.com or follow us at our social media pages: LinkedIn, Twitter and Facebook.

 

SOURCE Call Journey

Pure Storage Named as a Leader in New Gartner Magic Quadrant for Primary Storage

MOUNTAIN VIEW, Calif., Sept. 20, 2019 /PRNewswire/ — Pure Storage (NYSE: PSTG), the data solutions leader that helps innovators build a better world with data, today announced its leadership position in the new Magic Quadrant for Primary Storage by Gartner, a leading global research firm. Pure Storage is positioned furthest to the right on the completeness of vision axis. This new Magic Quadrant replaces two Magic Quadrants: the Magic Quadrant for Solid-State Arrays and the Magic Quadrant for General-Purpose Storage Arrays.

www.purestorage.com (PRNewsFoto/Pure Storage) (PRNewsfoto/Pure Storage)

Pure Storage is delivering a modern data experience that is simple, seamless and sustainable. Simple, delivering API-defined storage services, common management tools and actionable analytics; Seamless, delivering storage services that can handle multiple protocols, tiers and clouds in single environment; Sustainable, where customers buy only what they need, when they need it, and can upgrade to the latest innovation without pain or penalty.

“Since our founding we have delivered solutions that revolutionized the storage experience for enterprises. We continue to lead the market in enabling customers to leverage their data assets with ease and confidence,” said Charles Giancarlo, Chairman and CEO, Pure Storage. “In our view, being a Leader in Gartner’s new Magic Quadrant for Primary Storage further validates how we are the safe and preferred choice for customers looking to prepare for their IT future.”

Gartner, Magic Quadrant for Primary Storage, Santhosh Rao, Roger Cox, John Monroe, Joseph Unsworth, 17 September 2019. 

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Pure Storage

Pure Storage (NYSE: PSTG) helps innovators build a better world with data. Pure’s data solutions enable SaaS companies, cloud service providers, and enterprise and public sector customers to deliver real-time, secure data to power their mission-critical production, DevOps, and modern analytics environments in a multi-cloud environment. One of the fastest growing enterprise IT companies in history, Pure Storage enables customers to quickly adopt next-generation technologies, including artificial intelligence and machine learning, to help maximize the value of their data for competitive advantage. And with a certified NPS customer satisfaction score in the top one percent of B2B companies, Pure’s ever-expanding list of customers are among the happiest in the world.

Pure Storage, the “P” Logo, Evergreen, and Pure1 are trademarks or registered trademarks of Pure Storage, Inc. All other trademarks or names referenced in this document are the property of their respective owners.

 

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SOURCE Pure Storage

Artificial Intelligence (AI) Backed Up With Cutting Edge Chemistry – Innoplexus and ChemAxon Partner to Get More Out of Life Science Data

FRANKFURT, Germany and BUDAPEST, Hungary, Sept. 20, 2019 /PRNewswire/ — Innoplexus announces an official partnership with ChemAxon, getting the most value out from life sciences data. Through the joint venture, Innoplexus will enable big pharma and biotech companies to find and connect information about pharmaceutical compounds from publicly available, or archived enterprise datasets to generate novel ideas.

Innoplexus Logo (PRNewsfoto/Innoplexus)

ChemAxon provides best-in-class solutions in cheminformatics for the chemistry, biotechnology, pharmaceutical, and agrochemical industries. Innoplexus, a global leader in artificial intelligence (AI) and blockchain for the life sciences industry, will leverage one of ChemAxon’s products, ChemLocator, to search all potential, pre-clinical, clinical or marketed drugs in all documents across data assets in Innoplexus product, Ontosight, to detect industry-relevant signals much earlier than traditional methods.

ChemLocator is a web-based search tool with chemical recognition capabilities that allows users to discover hidden chemical knowledge and extract structures from documents. Combining ChemLocator with Innoplexus computer vision and ontology will accelerate the time to find any chemical or compound using its name or chemical properties or even the structure from unstructured data available.

  • ChemLocator offers a significant edge to Ontosight users by allowing them to discover otherwise-unavailable information in public domains or “forgotten” information in enterprise archives such as competing or novel compounds in the area of interest.
  • Connecting disparate information pieces across different public and enterprise documents, ChemLocator-backed Ontosight® accelerates the research by highlight non-obvious findings or discover unexplored whitespaces.

“The 4th Industrial Revolution is changing the world, and we are glad to be partnering with a leading AI company to tackle one of the most exciting challenges in the automated data process. We believe extracting chemical structures from scientific literature and facilitating meaningful questions related to those will leverage the transformation of existing information into novel ideas. We truly believe that our integration with Ontosight® will open up new perspectives for life sciences R&D.” David Jozsef, Product Owner of ChemLocator at ChemAxon.

Vatsal Agarwal, Vice President – Artificial Intelligence & Computational Linguistics at Innoplexus, expressed, “We look forward to integrate ChemLocator into Ontosight® to be able to deliver new possibilities to our clients together.” The decision to partner with ChemAxon was realized out of Innoplexus’ growing dedication to help its users find known as well as previously unknown insights related to biomedical entities and thus, improve how the pharma and biotech industry leverages life sciences data using automation.

The partnership between Innoplexus and ChemAxon will create opportunities to enrich life science research, allowing pharma and biotech companies to be innovative and faster in developing novel therapies.

About ChemAxon

ChemAxon is a chemical and biological software development company that provides solutions for the biotechnology and pharmaceutical industries; and widely used in publishing, flavors, fragrances, petroleum, and fine chemical research. The company offers out-of-the-box solutions for scientists, back-end tools for IT professionals, components to add extra functionality, and integrations to make our technology available from 3rd-party software like Microsoft Excel or KNIME.

More information at https://chemaxon.com

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About Innoplexus AG

Innoplexus is an Industry validated, AI-powered, Drug Discovery and Development platform creating value for diverse stakeholders by driving Innovation in science, clinical development and commercialization. Innoplexus is based in Frankfurt, Germany, with offices in India and USA.

More information at http://www.innoplexus.com

Follow us on Twitter, Facebook, YouTube & LinkedIn

Contact:

Silke Otte, Chief Marketing Officer, +49-160-4720017

 

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SOURCE Innoplexus

Frost & Sullivan Identifies Leading Companies in the Video Management Services Market

Frost Radar ranks top companies in the industry based on their strengths and opportunities in innovation and growth performance

SANTA CLARA, Calif., Sept. 19, 2019 /PRNewswire/ — Frost & Sullivan expects the video managed services market to continue growing as more content providers realize the benefits of outsourcing video workflows and management for both video on demand (VOD) and live video direct-to-consumer (D2C) OTT content. There are significant growth opportunities for the video managed services (VMS) market, including the use of artificial intelligence (AI) and machine learning in solutions, overall growth in broadcasted live events and OTT video, and demand for a customized/personalized customer streaming experience.

Frost & Sullivan Identifies Leading Companies in the Video Management Services Market

The recently released Global Video Managed Services Market Frost Radar provides results from an in-depth analysis built on a 360-degree research methodology where 24 companies within the industry were evaluated. The team of industry analysts identified 13 industry leaders excelling at innovation, poised for growth and ripe for investment, and recognizes them in the Frost Radar with insight into their innovative offerings, projected growth rates, strengths and opportunities for the future.

To download the complimentary Global Video Managed Services Market Frost Radar, please access: http://frost.ly/3q5.

Benefits of this practical, high-impact, scalable tracking solution include:

  • Identify the most cutting-edge innovative platforms, including those most poised for growth and ripe for investment.
  • Understand how companies benchmark against each other in their ability to expand against a backdrop of industry transformation and evolution.
  • Help all end users and industry leaders responsible for making technology solution decisions and selecting providers to build long-term relationships.

The following companies were identified for demonstrated excellence in either growth, innovation, or both, with the ability to translate these qualities into proven solutions that benefit their clients:

BAMTECH Media, Deltatre, Amagi Media Labs, NeuLion, Deluxe Entertainment Services Group, iStreamPlanet, Vubiquity, Accenture, NBC Sports Playmaker Media, Red Bee Media, MC1, Piksei, and Verizon Digital Media Services.

About Frost & Sullivan

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Contact:
Mariana Fernandez
Corporate Communications
P: +1 (210) 348.1012
E: Mariana.Fernandez@frost.com
http://ww2.frost.com

 

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SOURCE Frost & Sullivan