Connected Signals to Unveil Innovative Smart City and Smart Vehicle Technologies at CES 2019

EUGENE, Ore., Dec. 27, 2018 /PRNewswire-PRWeb/ — Connected Signals, Inc., the world’s leading provider of predictive real-time traffic signal information, will showcase its latest technology for smart cities and smart cars at CES 2019. The company will introduce two new technologies: the Signal Priority System (SPS) for cities and municipalities, and GlobaLight™ for connected and autonomous vehicles. Both technologies use predictive data and artificial intelligence to improve safety and traffic flow, increase fuel efficiency, and reduce carbon emissions. Connected Signals’ advanced traffic signal information technology will be available to view through in-car demos both on CES Media Day and during CES 2019.

Connected Signals’ GlobaLight is a leading-edge, smart vehicle technology created for automobile manufacturers and others. It combines traffic engineering, machine learning and information acquired from vehicles to generate accurate real-time predictive traffic-signal information. GlobaLight brings traffic signals online without using expensive infrastructure or access to city traffic management systems, expanding Connected Signals’ coverage to most traffic lights worldwide. GlobaLight lets automobile manufacturers bring traffic signal information into connected and autonomous vehicles, assured that widespread coverage will be available.

Connected Signals’ SPS is a revolutionary smart-city technology that lets cities prioritize traffic signals for specific users (for example: buses, pedestrians, EMS vehicles, cyclists, etc.). This increases efficiency and reduces delays. SPS does not require the installation of special equipment, instead relying on cloud-based servers and cities’ existing traffic management systems. The result is a flexible and cost-effective system that can evolve in response to cities’ ever-changing needs.

Connected Signals will be exhibiting at Booth 6015 in the Tech-East North Hall of the Las Vegas Convention Center during CES (Tuesday, January 8Friday, January 11, 2019), showcasing the exciting possibilities in data availability for smart cities and connected and autonomous vehicles.

On CES Media Day (January 7, 2019), the day prior to the show’s opening, Connected Signals will be offering in-car demonstrations of technology that gives drivers predictive information on their dashboard, allowing for safer, more efficient, and stress-free driving. To schedule an in-car demo, please email ces2019(at)connectedsignals.com.

Connected Signals’ founders and executives will be available for interviews from Monday, January 7 through Thursday, January 10.

To arrange a briefing before or during CES 2019, or for more information about the technologies, please contact Lindsey Steele (lindsey(at)connectedsignals.com / (541) 654-5815) or Kimber Smith Fidler (kimber(at)smithfidler.com / (775) 298-5260).

 

SOURCE Connected Signals

Anti-Money Laundering Software Market by Component, Product, Deployment Type: Global Opportunity Analysis and Industry Forecast, 2018 – 2025

NEW YORK, Dec. 27, 2018 /PRNewswire/ — Anti-Money Laundering Software Market by Component (Software and Service), Product (Transaction Monitoring, Currency Transaction Reporting, Customer Identity Management, and Compliance Management), Deployment Type (Cloud and On-premise): Global Opportunity Analysis and Industry Forecast, 2018 – 2025

Read the full report: https://www.reportlinker.com/p05663903

Anti-Money Laundering Software Market Overview :

Anti-money laundering (AML) refers to a set of procedures, which aim to detect and combat the practice of money laundering. AML solutions enable organizations to manage end-to-end AML risk by efficiently correlating financial crime activities. These solutions vary based on their functionalities, which include transaction monitoring, currency transaction reporting, customer identity management, and compliance management. With rise in need of banks and insurance companies to meet regulatory requirements for fraud detection and money laundering, it has become crucial for financial organizations to deploy variety of software applications to prevent such frauds.

Factors such as increase in money laundering cases, enforcement of government regulations to implement AML solutions, and growth in IT expenditure among financial institutions drive the growth of the market. However, dearth of AML professionals is expected to impede the market growth. On the contrary, increased market for cloud-based AML solutions and emergence of artificial intelligence in AML are expected to present major opportunities for expansion of the market in future.

The global anti-money laundering software market is segmented based on component, product, deployment type, and region. On the basis of component, the market is bifurcated into software and services. By product, it is divided into transaction monitoring, currency transaction reporting, customer identity management, and compliance management. Depending on deployment type, it is categorized into cloud and on-premise. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The report provides the profiles of key players operating in the market such as ACI Worldwide, Inc., Ascent Technology Consulting, Eastnets Holding Ltd., FICO TONBELLER, NICE Actimize, Regulatory DataCorp, Inc., Safe Banking Systems LLC, SAS Institute Inc., Thomson Reuters Corporation, Truth Technologies, Inc., and Verafin Inc.

Key Benefits for Anti-Money Laundering Software Market :

The study provides an in-depth analysis of the global anti-money laundering software market and current & future trends to elucidate the imminent investment pockets.
Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided.
Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the global anti-money laundering software market from 2017 to 2025 is provided to determine the market potential.

Anti-Money Laundering Software Key Market Segments :

By Component
Software

Service

By Product
Transaction Monitoring

Currency Transaction Reporting

Customer Identity Management

Compliance Management

By Deployment Ttpe
Cloud

On-premise

By Region
North America

U.S.

Canada

Mexico

Europe

UK

Germany

France

Rest of Europe

Asia-Pacific

China

India

Japan

Rest of Asia-Pacific

LAMEA

Latin America

Middle East

Africa

Key Market Players
ACI Worldwide, Inc.

Ascent Technology Consulting

Eastnets Holding Ltd.

FICO TONBELLER

NICE Actimize

Regulatory DataCorp, Inc.

Safe Banking Systems LLC

SAS Institute Inc.

Thomson Reuters Corporation

Truth Technologies, Inc.

Verafin Inc.

Read the full report: https://www.reportlinker.com/p05663903

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.

__________________________
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US: (339)-368-6001
Intl: +1 339-368-6001

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SOURCE Reportlinker

CIO Summit: HMG Strategy Publishes its 2019 Leadership and Technology Research Agendas for CIOs and Technology Executives to Lead, Reimagine and Reinvent the Future State Enterprise

WESTPORT, Conn., Dec. 27, 2018 /PRNewswire/ — HMG Strategy has published its 2019 Leadership and Technology Research Agendas which are designed to enable top-tier technology executives to Lead, Reimagine and Reinvent the Future State Enterprise in these highly-disruptive times.

HMG Strategy President and CEO Hunter Muller

Half of the companies on the Fortune 500 list won’t be there in the next ten years,” says Hunter Muller, Founder, President and CEO of HMG Strategy, a recognized leader in executive thought leadership, independent research and executive career acceleration. “In order to help their organizations succeed, technology executives need independent, forward-looking research and peer-driven advice to tackle the top challenges their companies are facing and lead the enterprise to the future state.”

HMG Strategy’s 2019 Leadership and Technology Research Agendas are culminated from thousands of interviews, summit presentations and independent research with the industry’s top technology executives, venture capitalists and search executives.

HMG Strategy’s 2019 Leadership Research Agenda:

  1. Reimagining and Reinventing the Future State of the Enterprise. The IT organization as a back-office function has become an anachronistic view. In today’s highly-disruptive business climate, the CEO and the Board of Directors fully expect the CIO and technology executives to come armed with ideas for new business models and to create new revenue streams. In order to deliver on these expectations, CIOs and technology executives must think differently, act courageously and encourage their teams to go outside their comfort zones to generate new waves of innovation within the enterprise.
  2. Becoming Boardroom-Ready. As executive teams continue to press forward with digital/business transformation strategies, CIOs and technology executives need to continue to strengthen their communications skills and leadership capabilities in their interactions with the board of directors. In additional to fortifying their standing in the C-suite, this will also help position technology executives for landing board-level positions with other organizations. 
  3. Applying Design Thinking to Customer-Centric Innovation. For the uninitiated, design thinking is a systematic approach to solving problems across a variety of use cases. By shifting from a features-first approach to a user-centric approach, design thinking helps IT and cross-functional teams to address and solve the problems that customers and other end-users face. The ROI for design-centered companies has been compelling. An in-depth analysis of 2 million pieces of financial data and 100,000 design actions over the past five years by McKinsey reveals that design-led companies generated 32% more revenue and 56% higher returns to shareholders than other companies.
  4. Envisioning the Digital Future. Thanks to their unique views across the enterprise into how people, processes and technology intersect, CIOs, CDOs and other technology executives are perfectly positioned to identify how digital technologies can be harnessed to generate new revenue streams, boost organizational productivity and dramatically improve the customer experience.
  5. Refreshing Your Professional Brand. As active participants in the C-suite with a large team of reports, CIOs, CISOs and technology executives each have a professional brand that they’ve cultivated and shaped over the years. With the technology executive positioned squarely in the center of the enterprise, 2019 represents a prime opportunity for technology leaders to elevate their professional brands and power their career ascent to another level.
  6. The CIO as a Talent Magnet. Professional branding offers another tangible benefit to technology executives – it enables them to attract and retain coveted technology/business professionals. As the war for talent escalates, technology executives will need to draw upon innovative recruitment and retention techniques to attract, safeguard, and develop next-generation skills that will be needed to support the current and future business.
  7. Expanding the CISO Role to Drive Innovation and Agility. Chief Information Security Officers (CISOs) have been historically been charged with protecting the enterprise against cyber-attacks and other risks. But as CISOs are settling into the C-suite, they’re increasingly being called upon to help identify new ways to drive innovation and increase agility while defending the enterprise. This includes opportunities to simplify the customer experience while improving security.
  8. Fostering a Culture of Innovation via Diversity. Research reveals that companies that promote diversity amongst its leadership and teams tend to have a stronger innovation pipeline and higher-than-average business performance. Technology executives who promote and foster diversity and inclusion within the enterprise position their organizations to attract talent while strengthening innovation by stimulating a wider spectrum of ideas and perspectives.
  9. Creating the Nimble Enterprise. In the face of constant market disruption, companies need to be able to respond quickly and pivot to shifting customer behaviors and market conditions. Forward-thinking technology executives help the business to become more agile by implementing technologies and processes that can help the business to respond and adapt quickly to sudden macro-economic changes.
  10. The Customer-Centric Technology Leader. As companies continue to refine their customer strategies, CIOs, CISOs and other technology executives will play an essential role in enhancing the customer experience. Savvy technology leaders spend time with customers to better understand their interests, needs and pain points and work closely with business and functional teams in helping to address customer expectations.

HMG Strategy’s 2019 Technology Research Agenda:

  1. Dynamic CIOs Envision the Digital Roadmap for Future Business Success. Since 2000, more than half of the companies that were in the Fortune 500 have been knocked out of the index as a result of acquisitions, bankruptcy or termination, according to Constellation Research. In order for businesses to remain relevant, they must be willing to disrupt themselves ahead of the market and focus on the needs and preferences of their customers. Forward-looking CIOs and technology executives play a critical role in identifying how digital technologies such as artificial intelligence, Big Data, analytics, the Internet of Things, blockchain and cloud computing can be leveraged to enhance the customer experience, craft customer-focused business models and help the enterprise gain a competitive edge.
  2. Putting AI to Work. In 2019, artificial intelligence will continue to make further inroads into businesses – from delivering more intuitive customer experiences to streamlining process automation (Robotic Process Automation), conducting security surveillance and providing executives with deeper insights into customer and market shifts. As AI, machine learning and RPA permeate the enterprise, CIOs and technology executives will need to become more attuned and involved in the ethical use of data and AI in delivering trustworthy and principled results for customers.
  3. The Customer-Centric Enterprise Takes Flight. As business leaders increasingly recognize the value of analyzing customer data to better understand and engage with customers, CIOs and technology executives will continue to boost their value to the enterprise by identifying how other advanced technologies such as artificial intelligence, chatbots, the Internet of Things and Augmented Reality can be used to improve the customer experience. Not surprisingly, top-performing CIOs spend more time with customers, focus on innovation and do the work to enable core enterprise capabilities for both internal and external use, according to research between Harvey Nash/KPMG and MIT’s Center for Information Systems Research (MIT CISR).
  4. Cybersecurity Becomes Proactive. As nation-states and cyber criminals continue to become increasingly more sophisticated in their attacks, it’s no longer a question as to whether your organization will be attacked – but when. Information security leaders must shift their mindsets from a reactive approach to cyber-threats to a more proactive stance to better anticipate and get out in front of bad actors. Such strategies will progressively rely upon the use of AI and other intelligent, automated threat detection technologies in helping cyber teams to become more aggressive in their cybersecurity strategies.
  5. Cultivating the Data-Driven Enterprise. There’s no shortage of research on the business and operational benefits for becoming a data-driven organization. Or concerns about falling behind. For instance, many of the 300 CEOs surveyed in a 2018 McKinsey Analytics study worry that companies from other industries have clearer insight into their customers than they do. Part of the challenge faced by CIOs and technology leaders is convincing the CEO and CFO to invest in a data management strategy that can strengthen decision-making and generate more powerful business outcomes. As a critical leader of the data-driven enterprise, CIOs and technology executives will also play a crucial role in steering data ethics in order to gain and maintain customer and partner trust. 
  6. Embracing the Flexibility of the Cloud. As a greater percentage of enterprises become cloud-mature and further refine their approaches to public, private and hybrid cloud environments, expect to see a growing number of companies shift to Infrastructure-as-a-Service (IaaS) capabilities. By shifting away from resource-intensive and restrictive on-premise server and storage environments, companies can obtain multiple benefits, including lower costs, fewer dedicated resources, accelerating the speed of IT service delivery, greater scalability and higher reliability. Moreover, by reducing the fixed costs associated with managing and operating on-premise infrastructure, technology executives can free up investments for innovation and grow-the-business projects.
  7. Validating Blockchain Use Cases. The majority of CIOs and technology executives in the HMG community who have been interviewed on their blockchain interests say they are exploring business uses cases, proof-of-concepts and other early-stage investigations. Key challenges for deploying blockchain cited by technology leaders include scalability, security, integration with legacy systems, energy resources consumed and business use cases that can alternatively be addressed through the use of databases.
  8. Operating at the ‘Edge’. The emerging Internet of Things data eruption, coupled with the deployment of 5G networks, is resulting in data being transitioned from on-premise data centers to cloud environments to ‘edge nodes’. These trends are driving the increased adoption of edge computing environments by enterprise organizations. As more enterprises shift a growing portion of their workloads to the edge, edge devices will utilize AI chips and advanced storage and processing capabilities to enhance the performance of apps and services. According to a 2018 Tech Pro Research Survey, 52% of respondents currently use edge computing technologies and 51% plan to adopt these technologies by late 2019.
  9. A Quantum Leap in Business Transformation. Quantum computing, which can run vast numbers of calculations infinitely faster and at greater capacity than existing supercomputers, is closer than you might think. While some research suggests that a viable quantum computer is still a decade away, companies such as IBM, Intel, Google and Microsoft are racing to develop machines that could be commercially available by 2024. CIOs should keep an eye on this space to identify opportunities for the business such as providing a more comprehensive approach to protecting digital identities and sensitive data and to identify patterns in customer and market data faster to help companies to gain a competitive edge.
  10. Augmented Reality Gets Real. Augmented reality has generated a lot of hype over the past few years but it’s finally beginning to make inroads among businesses in industries such as manufacturing, healthcare, and pharmaceuticals. While virtual reality creates a virtual environment around a user, augmented reality integrates virtual objects into a user’s existing surroundings to create a more interactive and genuine environment. By 2020, the global AR market is projected to reach $100 billion in sales, according to ABI Research. Current and potential use cases include providing construction professionals with visual step-by-step instructions for using tools and equipment properly. Pharmaceutical researchers and patients can now use AR tools to visualize physiological processes such as demonstrating a medication’s chemical reaction in the bloodstream. In retail, Ikea has already developed an AR app that enables a user to picture what a piece of furniture will look like in their home.

HMG Strategy’s distinctive research model represents one of the company’s Six Pillars of Trust:

  • HMG Strategy’s distinctive Thought Leadership Research Agenda and Digital Research Platform provide tech executives with unparalleled peer-to-peer insights.
  • HMG Strategy’s unique Media Model, providing 1 million weekly impressions, delivers fresh perspectives on the top business, leadership and customer trends.
  • Research Advisory Services Embrace the ‘No Analyst’ Model, delivering peer-driven, forward-looking insights to Fortune 2000 tech executives.
  • Executive Leadership Summit Series which provides unparalleled networking between top-tier technology executives and search executives.
  • Delivering a Career Accelerator that inspires technology executives to lead, recruit and retain top tech talent while powering their career trajectories.
  • HMG Next Ventures Partners side-by-side with leading venture capitalists, connecting members of the HMG community with leading enterprise startups.

“Our 2019 Leadership and Technology Research Agendas are meshed perfectly with our 2019 summit theme – ‘Future State 2025 – Driving the Digital Roadmap to a Customer-Centric Enterprise‘,” says Muller. “Forward-thinking technology executives need to work side-by-side with the CEO and the Board of Directors to visualize and execute on the future state of the enterprise in order to enable their companies to succeed in this highly-volatile business environment.” 

To learn more about HMG Strategy and its award-winning research platform, click here.

About HMG Strategy

HMG Strategy is the world’s largest independent and most trusted provider of executive networking events and thought leadership to support the 360-degree needs of technology leaders. Our regional CIO and CISO Executive Leadership Series, newsletters, authored books, and digital Resource Center deliver proprietary research on leadership, innovation, transformation, and career ascent.

The HMG Strategy global network consists of over 300,000 senior IT executives, industry experts and world-class thought leaders.

To learn more about the 6 Pillars of Trust to HMG Strategy’s unique business model, click here

HMG Strategy (PRNewsfoto/HMG Strategy)

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SOURCE HMG Strategy

From Kitchen Tables to Customers’ Hands, Huntington Introduces "The Hub" for All Customers

COLUMBUS, Ohio, Dec. 27, 2018 /PRNewswire/ — In direct response to customer feedback gleaned from a two-year-long listening tour, Huntington (NASDAQ: HBAN; www.huntington.com) is rolling out The Hub across its footprint as part of its purpose to look out for people.

Huntington Bancshares Incorporated logo (PRNewsfoto/Huntington Bancshares Incorpora)

Doing the right thing has been at the heart of Huntington’s Fair Play Banking philosophy since it launched in 2010. The development of The Hub is the next chapter in how Huntington is looking out for people by investing in and enhancing its digital and mobile customer experience.

“Innovation and technology have never been more important to customers, but we firmly believe it is people who make the difference. At Huntington, we want to be a catalyst for improving the lives of our customers and the introduction of The Hub is another way of demonstrating our commitment to looking out for people,” said Andy Harmening, Huntington’s Senior Executive Vice President and Director of Consumer and Business Banking. “People are the heart of our business at Huntington and some of our best ideas come from our customers.”

“We began the journey to develop The Hub by taking a road trip. We went into consumers’ homes and sat around their kitchen tables to discuss finances, and more broadly, to discuss life, their dreams and challenges,” added Harmening. “That setting was hugely important because it’s our homes and families that matter most to people. And the proverbial ‘kitchen table’ is the centerpiece where real conversations happen. Where they evolve or take on a new life of their own. That was the inspiration that led us to develop The Hub.”

The Hub is Huntington’s new digital banking experience, built to look out for customers and their financial future with a focus on people-first, technology-enabled delivery and solutions. Free to all Huntington customers, The Hub is designed to help customers save more money, manage their spending and keep their financial goals front and center.

The newest iteration of The Hub includes the long-awaited Heads Up feature, a digital messaging program designed to provide insights into customer spending and saving to help them make more informed decisions about their money. Beginning in Q1 2019, Heads Up will integrate artificial intelligence tools to provide customers with up to 40 key insights into their financial wellness as they set and reach their goals.

“Life is about moments, but it’s not just the big events that require planning and a heads up. It’s the little everyday moments too, which ultimately make all others possible. That’s what we heard clearly from our customers and why we created The Hub and Heads Up. To give all of our customers the tools to help them achieve their goals, big and small,” noted Harmening.

Other features of The Hub, all born out of direct feedback from customer conversations, include:

  • Spend Analysis – Helps customers categorize their spending and better understand how they can change those habits going forward.
  • Spend Setter – Allows customers to set up monthly spending limits by category.
  • Look Ahead Calendar – Provides a financial view of the month to come. Customers can see when future bills and deposits will impact their accounts, so they can plan accordingly.
  • Savings Goal Getter – Helps customers visualize what they’re saving for and shows their progress along the way.

The phased rollout of ‘The Hub,’ which began this summer and continues across Huntington’s entire eight-state footprint, is being supported by print, online and television advertising throughout Huntington’s markets, and also includes direct mail.

Huntington’s “Fair Play” philosophy – a simpler, more straight-forward approach to banking launched in 2010 – was designed to help attract and retain customers through transparency and a commitment to doing the right thing. The Hub is Huntington’s next step in doing the right thing by being a bank that looks out for people and businesses with a focus on people-first, technology-enabled delivery and solutions.

About Huntington
Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio, with $106 billion of assets and a network of 962 branches and 1,762 ATMs across eight Midwestern states.  Founded in 1866, The Huntington National Bank and its affiliates provide consumer, small business, commercial, treasury management, wealth management, brokerage, trust, and insurance services.  Huntington also provides auto dealer, equipment finance, national settlement, and capital market services that extend beyond its core states.  Visit huntington.com for more information.

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SOURCE Huntington Bancshares Incorporated

CobbleStone Software Achieves SOC 2 Type 1 Attestation Based on AICPA Audit Requirements

PRINCETON, N.J., Dec. 27, 2018 /PRNewswire-PRWeb/ — CobbleStone Software, leaders in contract lifecycle management software, is pleased to announce the achievement of SOC 2 Type 1 Attestation. Based on the American Institute of CPAs’ (AICPA) audit requirements, software providers must follow strict information security policies and procedures to abide with SOC 2 compliance. CobbleStone has ensured procedures are in place, not just for their data center, but for the overall organization.

According to the AICPA, SOC 2 reports can play an important role in:

  • Oversight of the organization
  • Vendor management programs
  • Internal corporate governance and risk management processes
  • And regulatory oversight

As a SaaS and deployed software provider, CobbleStone Software has achieved SOC 2 Type 1 Attestation. Client data should remain secure, and CobbleStone understands the importance of having detailed procedures and policies in place to protect this information.

“In addition to being a leader of enterprise contract management software, we are pleased to see Cobblestone Software obtain SOC compliance and continue to improve our cloud software product.” – Mark Nastasi, Executive VP at CobbleStone Software

About the AICPA

The American Institute of CPAs is the world’s largest member association representing the accounting profession, with more than 431,000 members, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting. The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state, and local governments.

About CobbleStone Software

CobbleStone Software is a leader in providing enterprise contract and vendor management software solutions since 1995 and is trusted by thousands of users. CobbleStone’s contract management solutions provides organizations with user-friendly contract administration, risk mitigation, opportunity identification, contract compliance, spend control, and more backed by advanced artificial intelligence and machine learning.

To learn more about CobbleStone Software, contact the CobbleStone Team at sales@cobblestonesoftware.com, call 866-330-0056, or visit CobbleStoneSoftware.com.

 

SOURCE CobbleStone Software

Lexalytics Closes Out 2018 with Prestigious Industry Awards in Artificial Intelligence and Analytics

BOSTON, Dec. 27, 2018 /PRNewswire-PRWeb/ — Lexalytics®, the leader in “words-first” machine learning and artificial intelligence, announced today it has been recognized by EContent magazine and Awards.AI for its achievements in artificial intelligence and analytics for its innovative projects for in 2018.

Awards.AI, the first and biggest global annual achievement awards for artificial intelligence, has awarded Lexalytics the Best Use of AI in Marketing and Advertising for the Lexalytics Intelligence Platform™, which uses AI to process, analyze and provide insights around a company’s text data – i.e., surveys, call logs, social media posts, message boards, comments and more. Now entering its fourth year, the Awards.AI program recognizes achievements across a number of industries, and recipients range from start-ups to well-established companies and individuals. This year, the Awards.AI program featured 35 awards across six categories.

In addition, EContent magazine, a leading authority on the businesses of digital publishing, media and marketing, has named Lexalytics to the EContent 100 list of companies that matter most in the digital content industry. Lexalytics was recognized as a leader in the category of Content Analytics, its fourth time being named to the list. EContent also named the Lexalytics AI Assembler™ one of its Trendsetting Products for 2018. AI Assembler is a toolkit to build targeted, machine-learning solutions for unique natural language problems that helps accelerate and automate the process of data management, analysis and prediction.

“We’ve had a busy year at Lexalytics pushing the development of AI-driven text and sentiment analysis and NLP, helping our customers get the most out of their text data,” said Jeff Catlin, CEO of Lexalytics. “We’re honored to be recognized by Awards.AI and EContent alongside other industry trailblazers for our work and look forward to more in 2019.”

For more information about Lexalytics, please visit https://www.lexalytics.com/.

About Awards.AI 
Founded in 2015, Awards.AI is the first and biggest global annual achievement awards for artificial intelligence. Its focus is to support the AI community by recognizing the hard work and dedication of those working in the field. Awards.AI is part of the Informed.AI Media Group which runs a number of community websites supporting the area of Artificial Intelligence. Its manifesto is to help support those interested to learn more about the field of AI, from students, to academic researchers and everyone in-between. Other websites in its network include homeAI.info, Events.AI and Neurons.AI.

About EContent 
EContent is a leading authority on the businesses of digital publishing, media, and marketing, targeting executives and decision-makers in these fast-changing markets. By covering the latest tools, strategies, and thought-leaders in the digital content ecosystem, EContent magazine and EContentmag.com keep professionals ahead of the curve in order to maximize their investment in digital content strategies while building sustainable, profitable business models.

About Lexalytics® 
Processing billions of words every day across more than 20 languages, Lexalytics is the industry leader in translating text into profitable decisions for social media monitoring, reputation management and voice of the customer programs. In addition, the Lexalytics Analytics Platform leverages leading-edge machine learning, artificial intelligence and natural language processing to allow enterprises across all industries to quickly, easily and cost-effectively create custom analytics solutions to address their unique data problems. Based in Boston, MA, Lexalytics has offices in the US and Canada. For more information, please visit http://www.lexalytics.com, email sales(at)lexalytics(dot)com or call 1-617-249-1049. Follow Lexalytics on Twitter, Facebook, and LinkedIn.

 

SOURCE Lexalytics

Intelligent Service Robots Define Exciting New Direction For LG

ENGLEWOOD CLIFFS, N.J., Dec. 26, 2018 /PRNewswire/ — At CES 2019, LG Electronics (LG) will debut an updated version of its wearable CLOi SuitBot alongside a lineup of improved service robots which are nearing commercialization. The wearable LG CLOi SuitBot supports the lower body to reduce stress when lifting and bending while the enhanced CLOi service robots – PorterBot, ServeBot and CartBot – will demonstrate their more advanced capabilities made possible by LG’s continuously evolving AI and robotics knowhow.

At CES 2019, LG Electronics (LG) will debut an updated version of its wearable CLOi SuitBot alongside a lineup of improved service robots which are nearing commercialization.

Originally unveiled last fall in Berlin, the updated LG CLOi SuitBot supports the user’s waist and augments their own muscle power to reduce the risk of injury and fatigue when performing physically demanding tasks such as lifting and lowering heavy loads. SuitBot increases the user’s flexibility by enabling 50-degree extension and 90-degree flexion of the waist and activates when the wearer bends at a 65-degree angle, disengaging when standing in an upright position. The wearable robot operates for four hours on a single charge and recharges in just one hour.

First introduced to the public at CES 2018, PorterBot, ServeBot and CartBot are designed for environments such as airports, hotels, supermarkets and malls to assist customers, transport luggage, deliver meals and carry groceries. The new LG CLOi service robots have been updated with a more advanced autonomous navigation system as well as enhanced connectivity to allow for communication with mechanisms such as elevators and automatic doors. Using AI technology, LG CLOi robots analyze customers’ usage patterns to constantly learn and improve performance. Equipped with touch displays and voice recognition to facilitate natural interaction with customers, LG CLOi can handle more complex tasks such as answering questions and processing payments. These intelligent robots are designed to operate independently, navigating to a charging station when power runs low, returning to duty once fully recharged and performing daily self-diagnosis and automatic reporting.

“The progress made by our entire robot lineup points to our commitment to deliver a robotic solution for the real world in the very near future,” said senior vice president Jin Seo Roh, head of LG’s robotics business. “With the ability to analyze and understand the surrounding environment, LG CLOi service robots are the culmination of significant investment in automation and artificial intelligence R&D.”

Visitors to CES 2019 from January 8-11 will be able to experience LG’s revolutionary CLOi service robots and lineup of Wi-Fi-enabled smart home appliances at booth #11100 in the Las Vegas Convention Center.

To learn more about LG home appliances, visit www.lg.com.
For additional CES news, visit ces2019.lgusnewsroom.com.  

About LG Electronics USA
LG Electronics USA, Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a $55 billion global force and technology leader in home appliances, consumer electronics and mobile communications. LG Electronics sells a range of stylish and innovative home appliances, home entertainment products, mobile phones, commercial displays, air conditioning systems and solar energy solutions in the United States, all under LG’s “Life’s Good” marketing theme. LG is a 2018 ENERGY STAR Partner of the Year-Sustained Excellence. For more news and information on LG Electronics, please visit www.LG.com.

 

The updated LG CLOi SuitBot supports the user’s waist and augments their own muscle power to reduce the risk of injury and fatigue when performing physically demanding tasks such as lifting and lowering heavy loads.

LG Logo (PRNewsfoto/LG Electronics USA)

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SOURCE LG Electronics USA

Intelligent Service Robots Define Exciting New Direction For LG

ENGLEWOOD CLIFFS, N.J., Dec. 26, 2018 /PRNewswire/ — At CES 2019, LG Electronics (LG) will debut an updated version of its wearable CLOi SuitBot alongside a lineup of improved service robots which are nearing commercialization. The wearable LG CLOi SuitBot supports the lower body to reduce stress when lifting and bending while the enhanced CLOi service robots – PorterBot, ServeBot and CartBot – will demonstrate their more advanced capabilities made possible by LG’s continuously evolving AI and robotics knowhow.

At CES 2019, LG Electronics (LG) will debut an updated version of its wearable CLOi SuitBot alongside a lineup of improved service robots which are nearing commercialization.

Originally unveiled last fall in Berlin, the updated LG CLOi SuitBot supports the user’s waist and augments their own muscle power to reduce the risk of injury and fatigue when performing physically demanding tasks such as lifting and lowering heavy loads. SuitBot increases the user’s flexibility by enabling 50-degree extension and 90-degree flexion of the waist and activates when the wearer bends at a 65-degree angle, disengaging when standing in an upright position. The wearable robot operates for four hours on a single charge and recharges in just one hour.

First introduced to the public at CES 2018, PorterBot, ServeBot and CartBot are designed for environments such as airports, hotels, supermarkets and malls to assist customers, transport luggage, deliver meals and carry groceries. The new LG CLOi service robots have been updated with a more advanced autonomous navigation system as well as enhanced connectivity to allow for communication with mechanisms such as elevators and automatic doors. Using AI technology, LG CLOi robots analyze customers’ usage patterns to constantly learn and improve performance. Equipped with touch displays and voice recognition to facilitate natural interaction with customers, LG CLOi can handle more complex tasks such as answering questions and processing payments. These intelligent robots are designed to operate independently, navigating to a charging station when power runs low, returning to duty once fully recharged and performing daily self-diagnosis and automatic reporting.

“The progress made by our entire robot lineup points to our commitment to deliver a robotic solution for the real world in the very near future,” said senior vice president Jin Seo Roh, head of LG’s robotics business. “With the ability to analyze and understand the surrounding environment, LG CLOi service robots are the culmination of significant investment in automation and artificial intelligence R&D.”

Visitors to CES 2019 from January 8-11 will be able to experience LG’s revolutionary CLOi service robots and lineup of Wi-Fi-enabled smart home appliances at booth #11100 in the Las Vegas Convention Center.

To learn more about LG home appliances, visit www.lg.com.
For additional CES news, visit ces2019.lgusnewsroom.com.  

About LG Electronics USA
LG Electronics USA, Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a $55 billion global force and technology leader in home appliances, consumer electronics and mobile communications. LG Electronics sells a range of stylish and innovative home appliances, home entertainment products, mobile phones, commercial displays, air conditioning systems and solar energy solutions in the United States, all under LG’s “Life’s Good” marketing theme. LG is a 2018 ENERGY STAR Partner of the Year-Sustained Excellence. For more news and information on LG Electronics, please visit www.LG.com.

 

The updated LG CLOi SuitBot supports the user’s waist and augments their own muscle power to reduce the risk of injury and fatigue when performing physically demanding tasks such as lifting and lowering heavy loads.

LG Logo (PRNewsfoto/LG Electronics USA)

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Up and Running Software Accepting PAI Coin Cryptocurrency

AMES, Iowa, Dec. 26, 2018 /PRNewswire/ — Up and Running Software (UAR), a leading developer of custom software, today announced it will accept popular cryptocurrency PAI Coin as a method of payment. In recent years, UAR has added numerous projects in cutting-edge technologies such as blockchain and artificial intelligence (AI) to its portfolio. The acceptance of PAI Coin is a natural progression as UAR continues to work with clients and organizations in these fields and beyond.

Up and Running Software Logo | A Silicon Valley-area startup, recently praised Up and Running Software for being "nice and courteous and [having] hardworking Midwestern values." Up and Running Software's client list includes many well-known large healthcare, logistics, e-commerce, fintech and media companies, including Hearst Corp., FDLIC, Alliance Data, GE and a Fortune 500 pharmaceutical company.

PAI Coin is the native cryptocurrency of the PAI blockchain, envisioned by Project PAI. The project is creating a decentralized platform for intelligent, AI-based avatars built by online and biometric data supplied by the user. Project PAI intends to enable users to retain more control of their digital information by storing, using, and transacting that data on the blockchain, with the avatars—referred to as Personal AI (PAI)—being the embodiment of that data. The PAI can look and speak like the user, and can be trained to understand and mimic the behavior of the user as well by regularly informing the PAI with personal data.

UAR has elected to accept PAI Coin because it believes in the project’s mission of personal data control, as well as the potential for PAI to provide a variety of useful functions across myriad sectors, including health care, travel, retail, entertainment, and more.

“When it comes to software, we revel in the latest technologies not only as practitioners but also as users,” said Ian McKilligan, CEO of UAR. “Given UAR’s expansion into blockchain, cryptocurrency, and AI in recent years, and coupled with our emphasis on transparency and security, we found PAI Coin to be a fitting choice for us to engage on the user level.” McKilligan also praised Project PAI’s comprehensive approach, “Additionally, we value the integration of a variety of cutting-edge technologies to offer something that engages a wide audience and has a practical use in a variety of settings and transactions. It’s not just for so-called ‘power users,’ but for everyone.”

Blockchain technology has seen astounding growth over the last few years. As experienced developers of complex software solutions in enterprise and web-based applications, UAR’s global team of developers and engineers is uniquely equipped to provide custom solutions that support the growth of blockchain projects looking to build unique, innovative platforms that take advantage of the many benefits of distributed and decentralized systems.

Founded in 1995, Up and Running Software has grown to become a trusted provider of custom software solutions. The company has served hundreds of clients across all industries, from startups to the Fortune 10. Up and Running’s work passes FDA & DEA audits, rolls up global treasury data, manages nuclear assets and railroads, delivers vaccines, and enables neuroscientists and researchers.

Learn more about Up and Running Software online on upandrunningsoftware.com.

Learn more about Project PAI at projectpai.com.

 

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Ideanomics Signs Mandate with NTS for City of Tianjin Bus Conversion Financing

NEW YORK, Dec. 26, 2018 /PRNewswire/ — Ideanomics (NASDAQ: IDEX) (“Ideanomics” or the “Company”), a leading global fintech and asset digitization services company is pleased to announce it has entered into an agreement with the National Transportation Capacity Co Ltd (NTS), as a specific financing mandate under the original framework agreement announced by Ideanomics in August 2018. This additional agreement is for the initial tranche of asset-backed financing and comes as a result of NTS finalizing a deal with the city of Tianjin, China’s fourth-largest city, to re-finance existing asset-backed financing for electric bus conversion, valued at over 57Billion RMB (approximately $8.25Billion USD). This initial mandate from NTS is the first of several anticipated in the coming months under the 260Billion RMB framework agreement between NTS and Ideanomics.

(PRNewsfoto/Seven Stars Cloud Group, Inc.)

Under the terms of the deal, Ideanomics will provide advisory services to NTS, including working with established financial services’ partners to assist with the underwriting, marketing, and sale of the financing. Ideanomics is finalizing terms with those partner firms and anticipates being able to make partner announcements in the near-term. The Company will derive revenues under the deal based on fees of 1% of financing raised. This amount is net of partner fees but will be subject to certain underwriting and marketing costs.

The market size for the mandatory replacements and upgrades to achieve fully-electric bus operations in China is estimated at 1Trillion RMB (approx. $145B), with the Chinese government requiring the conversion of public transport vehicles to electric power by 2021. NTS is the largest full-service provider for electric bus operators with sales, lease financing, a charging station network, and real-time data services including media, payments, maps, and facial recognition.

The re-financing program Ideanomics has developed is designed to save cities and municipalities 2% or more versus traditional annual interest rates for this type of asset-backed financing. The Company intends to launch a blockchain-based asset registration platform, subject to the city operators’ endorsement and systems support, in conjunction with the re-financing program. This registration platform is intended to deliver the highest-level of transparency for the underlying assets provided as the foundation for underwriting the offering and, as a result, elevate asset registration beyond traditional asset monitoring methods.

Alfred Poor, Co-CEO of Ideanomics, “We are very grateful to our colleagues in China for their hard work and effort since securing the original agreement with NTS, which has resulted in securing the first mandate under that deal. We are now focused on working with our institutional banking partners in the region to secure the required re-financing for the city of Tianjin’s electric bus conversion project. We anticipate the offering will come to market in Q1 and extend through Q2 and Q3, until the financing mandate is filled. This deal enables us to demonstrate Ideanomics’ core strengths of deal origination and enablement, along with the application of new technologies which we believe will form part of the evolution of the financial services industry.

About Ideanomics
Ideanomics seeks to become a leading fintech company by combining deal origination and enablement with the application of blockchain and artificial intelligence technologies as part of the next-generation of financial services.

The company is headquartered in New York, NY, and has offices in Hong Kong and Beijing, China. It also has a planned global center for Technology and Innovation in West Hartford, CT, named Fintech Village.

Safe Harbor Statement
This press release contains certain statements that may include “forward looking statements”. All statements other than statements of historical fact included herein are “forward-looking statements.” These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects” or similar expressions, involve known and unknown risks and uncertainties, and include statements regarding our intention to transition our business model to become a next-generation financial technology company, our business strategy and planned product offerings, our intention to phase out our oil trading and consumer electronics businesses, and potential future financial results. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of risks and uncertainties, such as risks related to: our ability to continue as a going concern; our ability to raise additional financing to meet our business requirements; the transformation of our business model; fluctuations in our operating results; strain to our personnel management, financial systems and other resources as we grow our business; our ability to attract and retain key employees and senior management; competitive pressure; our international operations; and other risks and uncertainties disclosed under the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our most recent Form 10-K and Form 10-Q filed with the Securities and Exchange Commission, and similar disclosures in subsequent reports filed with the SEC, which are available on the SEC website at www.sec.gov.. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these risk factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

IR Contacts
Federico Tovar, CFO at Ideanomics
Tony Sklar, VP of Communications at Ideanomics
Email: ir@ideanomics.com
www.ideanomics.com

 

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