Io-Tahoe Joins World Economic Forum’s Tech for Integrity Community

Tech for Integrity (T4I) platform designed to accelerate anti-corruption efforts and reduce the amount of time needed to make tangible impact 

NEW YORK, April 30, 2019 /PRNewswire/ — Io-Tahoe, a pioneer in Smart Data Discovery and AI-Driven Data Catalog products, today announced its membership of the World Economic Forum’s Tech for Integrity (T4I) community. T4I is the platform where the conversation on how technological innovation can accelerate solutions to integrity issue by creating more transparency, more accountability, helping organizations comply with regulations or removing opportunities for corruption and bribery. (PRNewsfoto/Io-Tahoe LLC)

T4I cites four particular technologies (blockchain, big data analytics, artificial intelligence, and e-governance) as holding significant promise for businesses and governments to safeguard the primary points of vulnerability across multiple, worldwide networks. Io-Tahoe, as a member of the T4I community, has been singled out as a “global innovator” in this area, with an ability to build trust and integrity back into systems.

T4I’s platform provides three elements that are designed to drive thought leadership, networks and impact:

  • T4I Synergy Lab: A collection of global innovators whose technologies can substantively transform efforts to mitigate a selection of key vulnerability points and build trust and integrity back into systems.
  • T4I Knowledge Accelerator: Driven by public-private cooperation, the Accelerator is a dynamic information exchange that aims to foster communication and collaboration to deepen understanding of how technologies can better address corruption.
  • T4I Impact Initiatives: Through the T4I Impact Initiatives, partners will examine and evaluate existing implementation projects, as well as directly engage with such projects to effectively demonstrate how to build solutions into government and business processes to promote trust and integrity.

“Smart data discovery is more important than ever in helping firms achieve the transparency they need to gain and maintain the trust of their customers and partners,” said Oksana Sokolovsky, Io-Tahoe’s Chief Executive Officer. “As part of the T4I community, we will continuously work to ensure that all enterprise data held by companies is fully discovered and detected, helping to improve transparency. We see an increasing trend towards requesting  improved levels of transparency from consumers, so we are proud to be members of this vital program.”

Io-Tahoe is increasingly recognized as a leader in its field. The company recently introduced Smart Streaming Discovery, believed to be the first of its kind, with the ability to perform real-time data discovery on a wide range of streaming data. The company has also announced the filing of three patent applications with the United States Patent and Trademark Office, covering the generation of data signatures that accurately describe data in a human friendly form using advanced NLP (Natural Language Processing) techniques.

More information about the World Economic Forum’s Tech for Integrity is available at

About Io-Tahoe
Io-Tahoe ( is a pioneer in Smart Data Discovery and AI-Driven Data Catalog products. In its efforts to continue to transform the data discovery market, the platform enables organizations to discover data across a wide range of heterogeneous technology platforms from traditional databases, data warehouses and data lakes to the cloud and other modern repositories, helping enterprises trace data elements across their systems in spite of outdated metadata definitions. Io-Tahoe utilizes machine learning algorithms to dramatically increase the accuracy, intelligence and speed of learning of complex data elements and data relationships throughout the entire business environment. Our platform has the capability to process 30 billion customer records, 1.7 million columns and saves time by processing many data sources in weeks, instead of manual discovery and cataloging for months.

Our product has been custom-built by a team with a deep understanding of data challenges, giving us first-hand insight and appreciation into our customers’ diverse and complex data needs. Io-Tahoe is particularly valuable to businesses with large numbers of customers and diverse data sets, such as those in the financial services, utilities, retail, transportation, insurance, healthcare and manufacturing industries.

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VeChain Launches Revolutionary One-stop BaaS Platform–VeChain ToolChain

SHANGHAI, April 30, 2019 /PRNewswire/ — With the advancement of 5G, IoT (The Internet of Things), AI (Artificial Intelligence), and the Internet of Value, data is set to play a more significant role in the future business world. For enterprises to realize the value of data, blockchain technology will be vital. The disruption of existing business models is on the horizon, which will compel businesses to embrace new technologies like blockchain, enabling them to stay ahead of the market.

VeChain Toolchain Turnkey Solution with hardware suggestions

However, there are obstacles in feasibly employing blockchain technology into business models, especially for small and medium enterprises (SMEs). This failure is typically caused by one of three things (or all):

  • High cost
  • Complexity
  • Lacking professionals or technical capabilities to implement the solution

Breaking Down the BarriersVeChain Develops and Launches ToolChain so that Anyone Can Implement and Use Blockchain Technology
VeChain officially launched ToolChain, the next generation of blockchain-as-a-service (BaaS) platform at the 2019 VeChain Summit—the first global developer conference of VeChain, held on April 18th at San Francisco’s historic Fort Mason Festival Pavilion. It is the first commercial BaaS platform built on top of a public blockchain.

VeChain Toolchain Turnkey Solution with hardware suggestions

ToolChain Addresses Pain Points for SMEs
VeChain ToolChain provides a variety of general interfaces to essentially eliminate the high technical threshold and substantially lower the costs for SMEs or even individuals in blockchain integration. VeChain ToolChain pioneered the concept of providing an “off-the-shelf” solution, with various standardized application modules.

Unlike the BaaS products on the market, ToolChain also includes a vertical blockchain application focusing on product life cycle management, which can be used as a SaaS solution or customized as a turnkey package. The solution can integrate with the existing business of the enterprises immediately with zero development requirements. In this way, companies without blockchain development capabilities can acquire a secure and mature blockchain solution at a reasonable cost. More importantly, eco-enterprises and channel partners are allowed to build their own applications on the VeChainThor blockchain BaaS platform, should they be authorized with the turnkey solution provided by VeChain.

SMEs can further benefit from a comprehensive one-stop customized blockchain service, including product life-cycle management, supply chain management, data storage, data verification, and process verification, thereby improving their brand image and scaling their businesses.

Meeting the Demands of the Market: ToolChain Releases with Three Versions
To meet the diverse demands of the market, VeChain ToolChain solution is currently available in three versions: Standard Version, Developer Version, and Channel Partner Version:

  • Standard Version

The VeChain ToolChain Standard Version provides various standardized application modules, tools and IoT devices. This allows SMEs with no development capability to have their own blockchain-based lifecycle management solution.

  • Developer Version

For enterprise customers with strong technical capabilities, the developer version can provide a variety of API interfaces, SDK development kits, and detailed developer documentation. With these, enterprises can develop various applications based on the VeChainThor Blockchain according to their own needs and desired hardware solutions.

  • Channel Partner Version

The newly developed Channel Partner Version will support independent deployment and multi-dimensional customization of ToolChain based on the channel partner’s business strength. To become a channel partner, you only need to apply for authorization from VeChain before receiving the ToolChain Turnkey packages for customization and independent deployment. This version creates a win-win situation by allowing VeChain’s partners to build their own blockchain-based business ecology to serve their customers.

Hardware Suggestions: What You Need to Fully Implement VeChain ToolChain
To realize VeChain ToolChain’s strengths and provide a one-stop solution to optimize supply-chain management, for SMEs and even individual users, by using a smartphone with NFC function and NFC tags ordered from VeChain (will be available soon), you can start using the ToolChain service. Moreover, VeChain has prepared a collection of suggested hardware devices to fully implement the solution and connect the software to the physical goods being managed. The hardware suite includes:

  • QR code printer and application software for easy, immediate at the office, printing of QR codes
  • NFC writer and related software to create digital labels
  • IoT devices, including RFID chips, sensor devices, and more
  • Handheld terminal devices to enable Toolchain apps to bond and activate NFC chips and collect and transfer chip ID and other core data
  • Physical carriers for simple transport of the Toolchain Kit, including QR codes and NFC/RFID digital chips

ToolChain Successfully Applied in Multiple Industries
VeChain ToolChain has been successfully introduced into various industries such as energy, automobile, agriculture, wine, FMCG, art auction, insurance and more. In these industries, it has played a critical role in data verification, data sharing, anti-counterfeiting, and traceability.

New business models based on the VeChain ToolChain have been developed to empower real economy and facilitate an enterprise’s digital transformation and brand image enhancement. In the future, VeChain will stay focused on building a blockchain-based ecosystem for its partners and developers, enabling them to provide customized ToolChain-based services for enterprise users, extend application scenarios, and further optimize relevant functions.

To use VeChain ToolChain for business scaling, please contact the professional VeChain ToolChain consultant for personalized development advice at and apply for a free trial of VeChain ToolChain Standard Version.

About VeChain:
Starting in June 2015, VeChain aims to connect blockchain technology to the real world by providing a comprehensive governance structure, a robust economic model, and IoT integration. VeChain is the pioneers of real-world applications using public blockchain technology, with international operations in Singapore, Luxembourg, Tokyo, Shanghai, Paris, Hong Kong, and San Francisco.  

About Turnkey Solutions:
Turnkey Solutions are designed to further promote the development of blockchain applications on the VeChainThor Blockchain, and essentially eliminate the high technical threshold, substantially lower the costs, and significantly reduce the time to market for SMEs in blockchain integration. With the development tools provided by VeChain, such as general interfaces and API documents, the solution can integrate with the existing business of the enterprises immediately with zero development requirements. They’re also available as turnkey package for the enterprises and developers to deploy the solution independently and conduct custom development in accordance with their own management models and business demands, adding value to their business and meeting the diverse demand of the market.

Contact Us:
Twitter: @vechainofficial



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Techedge Acquires Majority Share Capital in a Software Start-up, Strengthening its Data Intelligence Offering

MILAN, April 30, 2019 /PRNewswire/ –Techedge  (BIT: EDGE) has acquired a 75% share in PA-4tune SrL, an innovative startup incorporated at the end of 2017, who offers a state-of-the-art and proprietary software solution, Sturnis365, that enables efficient and collaborative disclosure management for large enterprise companies. Sturnis365 allows business users to connect financial figures and contextual data in a collaborative environment, driving efficacy in the narrative reporting and disclosure management process. Through the integration of artificial intelligence capabilities, where Techedge is currently investing, Sturnis365 aims to become the first Intelligent Disclosure Management solution available on the market. This acquisition strengthens Techedge’s Data Intelligence offering by broadening its current solution portfolio to support its customers’ in achieving higher efficiency and cost savings through the application of cutting-edge, digital solutions.


Although Sturnis365 has only come to market recently, its innovative and visionary capabilities based on advanced automation of document production have allowed it to be adopted by several large enterprises in the Energy, Services and Finance industries around the world.

“Sturnis365,” comments Domenico Restuccia, Techedge Group Founder and CEO, “represents ingenuity and a constant focus on technological innovation to create immediate value for the business. This clearly aligns with Techedge strategy to support companies in the digital transformation, from their financial procedures to their core business, embedding value at every opportunity along the value chain.” 

“Delivering immediate value for large companies, skipping long implementation cycles is the new business model: leveraging ‘inverse design’ methodology and full integration with Artificial Intelligence technologies shortens drastically time to value,” says Marco Mattei, COO at Sturnis365.

Read the full press release (Italian)

About Techedge

Techedge’s mission is to help organizations evolve into true digital companies through short iterative cycles of business-driven innovation.

Techedge provides business solutions & services that combine business advisory, technology expertise and premium delivery capabilities, with a lean, trust-based approach.

With its international presence, Techedge offers clients the scalability of a global provider, the flexibility of a local partner, and the competence of a strategic, trusted advisor.

For more information:
Sabina Catalano
Investor relations Techedge S.p.A.  

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NexTech Integrates Microsoft Azure (AI) and Launches Sentiment Analysis Capabilities Within 'Try-It-On' AR Solution Creating Industry's Most Personalized Online Shopping Experience

Latest addition to the web-based solution utilizes computer vision technology to capture consumer sentiment while online shopping as a next step towards creating a more personal and intelligent shopping experience

NEW YORK and TORONTO, April 30, 2019 /PRNewswire/ – NexTech AR Solutions (the "Company" or "NexTech") (OTCQB: NEXCF) (CSE: NTAR) )(FSE: N29) today announced the launch of sentiment analysis capabilities within its 'Try-It-On' augmented reality (AR) experience for online retail, the second in a series of sentiment-based technology solutions being developed for its patent pending web-enabled AR eCommerce platform and site optimization.

This latest feature is an integration of computer vision technology programmed to analyze shoppers' sentiment in real time as they 'try on' different products. Using Microsoft Azure, the technology is able to live sample shoppers' facial expressions every few seconds and will make recommendations through on-screen prompts based on a positive or negative reaction. Currently, the prototype of prompts is set on 'smiling', so when a potential customer smiles when 'trying on' an item, the technology will recognize that sentiment and display an on-screen prompt to urge the shopper to add the item to their cart.

"The release of our sentiment analysis technology closes the loop on personalizing the online shopping experience by using a consumer's actual physical reaction to a product to gather data around preference and style," said Evan Gappelberg, CEO of NexTech. "With the ability to gauge shoppers' reaction to an item in real time, we can now mirror the in-store experience online by urging shoppers to make a purchase when we know they're happy with a product or can recommend a different product when we know they're dissatisfied. It's a similar effect to the attentiveness of an in-store employee trying to persuade the customer to buy something they are trying on, except now it can be done digitally both at the point of purchase and through retargeting at a later time."

Online retailers are able to further personalize the online shopping experience by customizing both the sentiment thresholds in the feature as well as the on-screen prompts to more accurately target customers and influence shopping behavior. Along with encouraging immediate purchase of an item a consumer reacts positively to, retailers can use the sentiment data to refine outbound marketing tactics such as email blasts and coupon codes to reflect the items the consumer was individually excited about.

"Our goal with the sentiment analysis technology is to make online shopping intelligent, and to empower retailers to better serve their consumers through smart data and innovative technologies," said Gappelberg. "Retailers using this technology will be able to convert customers at a higher rate by having insights into what they like and what they don't, and refining what's marketed to them, creating the customized experience consumers desire to empower their purchasing decisions."

Gartner reports 100 million consumers will shop in augmented reality online and in-store by 2020. NexTech is building out its AR and AI eCommerce offerings, which include using AI to create a guided and knowledgeable curator that can be programmed to be used across all commerce.

NexTech's 'full funnel' end-to-end eCommerce solution for the AR industry includes offering 3D product capture, 3D ads for Facebook and Google, 'Try it On' technology for online apparel, 3D and 360 degree product views, and 'one click buy.' The platform is affordable, scalable, customizable, and most importantly, easy to integrate within an existing web interface, making NexTech one of the leaders in the rapidly growing AR industry, estimated to hit $120 billion by 2022, according to Statista.

About NexTech AR Solutions Corp.

NexTech is bringing a next generation web enabled augmented reality (AR) platform with Artificial Intelligence (AI) and analytics to the Cannabis industry, eCommerce, education, training, healthcare and video conferencing. Having integrated with Shopify, Magento and WordPress, its technology offers eCommerce sites a universal 3D shopping solution. With just a few lines of embed code, the Company's patent-pending platform offers the most technologically advanced 3D AR, AI technology anywhere.  Online retailers can subscribe to NexTech's state of the art, 3D AR/AI solution for $79/mo. The Company has created the AR industry's first end-to-end affordable, intelligent, frictionless, scalable platform. To learn more, please follow us on Twitter, YouTube, Instagram, LinkedIn, and Facebook, or visit our website:

On behalf of the Board of NexTech AR Solutions Corp.
"Evan Gappelberg"
CEO and Director

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Certain information contained herein may constitute "forward-looking information" under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, "will be", "looking forward" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements regarding the Company increasing investors awareness are based on the Company's estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of NexTech to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including capital expenditures and other costs.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. NexTech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.


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Precision Innovative Network (PIN) and Splice Machine to Present Predictive Healthcare Application During the American Academy of Neurology (AAN) Annual Meeting

SAN FRANCISCO, April 30, 2019 /PRNewswire/ — Splice Machine, provider of the first and only operational artificial intelligence (AI) data platform, today announced the unveiling of a new clinical application prototype that uses machine learning and multi-dimensional data to drive predictive healthcare, resulting in reduced costs, improved communication between doctors and patients, and ultimately, improved patient care and outcomes. The presentation coincides with the American Academy of Neurology (AAN) annual meeting taking place May 4-10, 2019 in Philadelphia, PA.

Company Name: Logo

Splice Machine co-founder and CEO Monte Zweben will be presenting along with three renowned neurologists from Precision Innovative Network (PIN), Dr. Allen Gee, MD, PhD, FAAN;, Dr. Daniel Kantor, MD, FAAN;, and Dr. Mark Gudesblatt, MD. PIN is a physician-centric and Group Purchasing Organization designed to address the unmet needs of patients by using large amounts of networked data to improve their care.

Using Machine Learning to Drive Predictive Healthcare
The Ritz-Carlton, Philadelphia
10 Ave Of The Arts, Philadelphia, PA 19102
May 6-8, 2019

At the event, PIN and Splice Machine will reveal an early look at the PIN Population Data Platform. Working together, the two companies have developed an early predictive model using machine learning on a population of 300 multiple sclerosis (MS) patients, using multi-dimensional data to train the model. The advisory application takes an early look at how neurology clinics can use machine learning in their everyday workflow to predict the best treatment therapies and trajectory of patient conditions.

“Being able to capture the granular, robust data about a patient and contextualize it is a significant factor in the success of precision medicine,” said Gee, MD, a neurologist at Frontier NeuroHealth. “If we understand the functionality of a patient’s nervous system by looking at data around gait, cognition, and dexterity, we can support the highest quality of medical decision-making and deliver the right therapies in the continuum of care.”

The application uses Splice Machine’s operational AI data platform to store the network’s data, curate it, analyze it, and make the information assets available to other partnering organizations. Pharmaceutical companies will be able to subscribe to PIN to improve the clinical trial process, and payers will use the data to improve patient outcomes and delay the burden of economic disability.

“Traditional approaches to patient evaluation and treatment are no longer sufficient in a time-cost ratio to optimize the assessment of care needs and treatment responses,” said Mark Gudesblatt, MD, a board-certified neurologist and the medical director of the Comprehensive MS Care Center at South Shore Neurologic Associates in Patchogue, NY. “Leveraging machine learning and AI, the Population Data Platform is offering clinicians an incredible opportunity to enhance care outcomes and reduce the stress of the decision and disease management process.”

“Improving patient care and improving the communication between patients and doctors is paramount to better health outcomes,” said Kantor, President Emeritus of the Florida Society of Neurology and Founder of the Medical Partnership 4 MS (MP4MS) in Coconut Creek, FL and the Neurology Residency Program Director at Florida Atlantic University’s Schmidt College of Medicine. “By leveraging the data we are already collecting in our daily medical practice plus the data we receive from PIN, we can better predict patient outcomes and improve doctor decision-making, thereby reducing unnecessary medical tests and procedures, which will save on healthcare costs for everyone, including the patient, the practice and health insurer.”

“Together with PIN, we are working to pioneer a path to improved patient care and outcomes, by allowing doctors to take control over disease and treatment decisions in a data-driven manner,” said Zweben. “I’m proud to be part of the growing movement to improve patient care by empowering clinicians to leverage real-time data to determine and justify the optimal treatments for each person with confidence.”

Large neurologic clinics, data-driven pharmaceutical researchers, and other parties seeking population data in an effort to drive predictive healthcare and who are interested in attending the event should contact Brian Zweben at

For more information on Splice Machine, visit For more information on PIN, visit  

About Splice Machine
Splice Machine is the operational AI data platform to simplify digital transformation. Unlike other data platforms that require duct taping separate systems together, the Splice Machine data platform is a scale-out SQL RDBMS, data warehouse and machine learning management solution in one. The Splice Machine platform powers intelligent, mission-critical applications that are woven into the operational fabric of companies in the financial services, healthcare, industrial and consumer verticals to improve operational efficiency, eliminate unnecessary costs and deliver superior service. The Splice Machine data platform can be deployed on-premise or as a fully-managed cloud service.

Splice Machine is a trademark of Splice Machine, Inc. All other trademarks are the property of their respective registered owners. Trademark use is for identification only and does not imply sponsorship, affiliation, or endorsement.

About PIN
PIN (Precision Innovative Network) is a physician-centric organization focused on strengthening the patient-physician relationship by making it easier to practice. As a Group Purchasing Organization (GPO), PIN is able to offer its members reduced practice costs and is also able to improve reimbursement for services provided by its members. With a focus on objective digital testing of our patients, PIN is designed to address the unmet needs of patients by using large amounts of networked data to improve their care.

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Genpact and Northwestern University Join Forces to Deliver Innovative New Master’s Program in Artificial Intelligence

NEW YORK and EVANSTON, Ill., April 30, 2019 /PRNewswire/ — Genpact (NYSE: G), a global professional services firm focused on delivering digital transformation, is partnering with the Northwestern University’s  Master of Science in Artificial Intelligence (MSAI) program to help build the next generation of  leaders in artificial intelligence (AI).

New Genpact logo - September 2017 (PRNewsfoto/Genpact)

The program is offered through Northwestern’s McCormick School of Engineering and Applied Science. Through practicum opportunities and Northwestern’s Capstone program, students receive hands-on experience as they devise new applications for AI. Genpact, which works with many Fortune 500 companies, will help incubate the students’ cutting-edge AI prototypes, delivering value to its clients. Genpact, along with the 20 other industry partners, supports ongoing student mentoring, guidance, internships, and guest lectures.

“We see this as a real win-win for Northwestern students and the broader marketplace,” said Vikram Mahidhar, global business leader, AI solutions, Genpact. “Working with Northwestern gives Genpact a chance to develop and test AI solutions at scale in a controlled environment. It helps us nurture a partner ecosystem to further innovate and deliver AI-driven business impact in the market. Northwestern benefits because students can access a talent pool for mentoring and networking that’s among the best in the world. More important, they get to create tangible solutions for real-life AI problems and continue to future-proof their skills.”

“Working with Genpact presents our students with opportunities to solve the type of pragmatic problems that will significantly enhance their professional skills, putting them well ahead of their peers and serving them well into their careers,” said Kristian Hammond, director of the MSAI program and Bill and Cathy Osborn Professor of Computer Science at Northwestern. “Our students learn from our industry partners’ leadership and professional skills. Our partners gain fresh thinking, directional support, technological implementation, and have exposure to talent ready for employment upon graduation.”

Genpact and the other partners joined with Northwestern in October 2018, when the academic program launched with an inaugural group of 40 MSAI students. Students enrolled in the 15-month program are experienced computer scientists, or science, technology, engineering, and math (STEM) professionals who through coursework, internships, and advanced project work, become architects of intelligent systems.

The relationship with Northwestern builds Genpact’s expertise in learning and development and successful partnerships with numerous U.S. and global universities. Visit to learn more about the MSAI program.

About Genpact
Genpact (NYSE: G) is a global professional services firm that makes business transformation real. We drive digital-led innovation and digitally-enabled intelligent operations for our clients, guided by our experience running thousands of processes primarily for Global Fortune 500 companies. We think with design, dream in digital, and solve problems with data and analytics.  Combining our expertise in end-to-end operations and our AI-based platform, Genpact Cora, we focus on the details – all 87,000+ of us. From New York to New Delhi and more than 25 countries in between, we connect every dot, reimagine every process, and reinvent companies’ ways of working. We know that reimagining each step from start to finish creates better business outcomes. Whatever it is, we’ll be there with you – accelerating digital transformation to create bold, lasting results – because transformation happens here. Get to know us at and on LinkedIn, Twitter, YouTube, and Facebook.

For more information:


Danielle D’Angelo

(Genpact Media Relations – Global)

+1 914-336-7951



Siya Belliappa

(Genpact Media Relations – India)    

+91 – 9823133365


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Harnessing Fintech Innovation The Focus Of New Harvard Business School Executive Education Program

BOSTON, April 30, 2019 /PRNewswire/ — Harvard Business School (HBS) Executive Education will host Leveraging Fintech Innovation to Grow and Compete on the HBS campus in Boston from September 3-6, 2019. This new program will explore best practices for managing new challenges in financial technology, or fintech. Participants will learn to navigate a shifting competitive landscape and make strategic decisions that will position their organizations for future growth.

Harvard Business School Executive Education (PRNewsFoto/Harvard Business School) (PRNewsfoto/Harvard Business School)

Blockchain, machine learning, big data, artificial intelligence, and other fintech innovations are revolutionizing the finance industry – and creating new challenges for both startups and incumbent firms that are competing for market share. Participants will develop a deeper understanding of the frictions that fintech aims to address, discover ways to overcome adoption barriers and quickly scale their organizations, and learn how to manage disruptive threats posed by agile, data-driven competitors.

“One of the unique features of this program is that it will examine fintech through three different lenses: the startup, the incumbent firm, and the venture capital firm,” said Marco Di Maggio, Assistant Professor of Business Administration and faculty cochair of Leveraging Fintech Innovation to Grow and Compete. “Each type of firm has its own set of business challenges to address. Although this will be a finance-heavy program, we also plan to leverage insights from faculty members in other units, which will provide our participants with cross-functional key learnings.”

Leveraging Fintech Innovation to Grow and Compete‘s curriculum will incorporate multiple learning methodologies, including real-world case studies, interactive faculty presentations, guest speakers, and small-group discussions. It will present a series of international, interdisciplinary cases that focus on topical issues at the intersection of financial services and technology, drawing on the experience of fintech leaders, investors from venture capital firms, and executives from traditional financial institutions. This program will also cover key topics including disruptive innovation, competitive strategies, credit and lending, payment systems, and investment management in fintech.

“This program takes a holistic view on how to grow, scale, fund, and run a business,” said Luis M. Viceira, George E. Bates Professor of Business Administration, Senior Associate Dean for Executive Education, and faculty cochair of Leveraging Fintech Innovation to Grow and Compete. “This program goes beyond the purely financial or purely technological side of things. It also addresses aspects such as strategy and marketing—how you think about your clients, and how you think about the strategy for your company.”

Leveraging Fintech Innovation to Grow and Compete is designed for executives who have at least five years of relevant experience at a bank, asset management firm, financial services firm, credit card company, or similar type of financial institution. It is also designed for entrepreneurs who have launched—or plan to launch—startups that aim to disrupt key areas of financial markets and individuals who work in areas or industries that are relevant to capital markets and financial services.

As with other HBS Executive Education offerings, Leveraging Fintech Innovation to Grow and Compete will rely on research from leading HBS faculty, collaboration with industry peers, and learnings from real-world case studies from successful, innovative global companies. Participants will also build relationships with a diverse set of peers through HBS Executive Education’s unique on-campus living groups.

Program Details:
Leveraging Fintech Innovation to Grow and Compete will take place from September 3-6, 2019 on the Harvard Business School campus. Please visit for complete curriculum and to apply.


Marco Di Maggio, Assistant Professor of Business Administration and faculty cochair of Leveraging Fintech Innovation to Grow and Compete.

Luis M. Viceira, George E. Bates Professor of Business Administration, Senior Associate Dean for Executive Education, and faculty cochair of Leveraging Fintech Innovation to Grow and Compete.

About Harvard Business School Executive Education:
Harvard Business School Executive Education, a division of Harvard Business School, is located on a 40-acre campus in Boston, Massachusetts. In fiscal year 2018, HBS faculty developed and delivered more than 130 Executive Education programs for leading organizations worldwide. Over 12,000 business executives attended programs held on campus in Boston as well as classrooms in Mumbai and Shanghai. With global research centers in nine key regions, HBS faculty continue to develop groundbreaking research, forge powerful alliances with global organizations, and fulfill the mission of educating leaders who make a difference by shaping the practices of business, innovation, and entrepreneurship around the world. Learn more at

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BlackBerry Cylance to Receive IRAP Certification

WATERLOO, Ontario, April 29, 2019 /PRNewswire/ — BlackBerry Cylance, a business unit of BlackBerry Limited (NYSE:BB: TSX:BB), today announced that it has completed an Australian Information Security Registered Assessors Program (IRAP) assessment by an accredited IRAP auditor.  The assessment enables BlackBerry Cylance to obtain the IRAP certification. The company will be the first endpoint security provider to receive IRAP certification, allowing Australian government agencies to protect their environments with AI-driven security solutions.

BlackBerry Logo Black (PRNewsfoto/Blackberry Limited)

Solutions certified under the IRAP program meet the expected Australian government security requirements, as defined by the attorney general’s Protective Security Policy Framework (PSPF) and the Australian Government Information Security Manual (ISM). All federal government entities applying the ISM are restricted to using IRAP-compliant applications running on cloud services listed on the Certified Cloud Services List.  

“Federal agencies can now take advantage of AI-driven, prevention-first security solutions for the first time. With access to BlackBerry Cylance solutions, government and commercial entities can drive a prevention-first strategic approach to cyber, without the friction and complexity that occurs with many other security controls today,” said Jason Duerden, country manager for Australia and New Zealand at BlackBerry Cylance. “With this assessment and certification, BlackBerry Cylance is now in a position to proactively secure Australia’s most important federal assets, offer the outcome of a safer Australia in which to live and do business, and in turn further our mission to protect every endpoint under the sun.”

Through independent IRAP certification, BlackBerry Cylance applications that run on AWS cloud architecture, which is also certified with a government clearance of protected status, are approved for use in the public sector. Due to the extensive assessment process and high level of quality required to meet the IRAP standard, government agencies will now have substantial trust in the security posture of BlackBerry Cylance products and services.

“In recognition of future-proofing Australian governments, the BlackBerry Cylance commitment to and investment in support for federal agencies is critical to companies like Verizon as part of our strategy to leverage artificial intelligence for cybersecurity in government,” said Michael Faulkner, head of public sector for Verizon Enterprise Solutions in Australia and New Zealand. “Verizon is committed to solving the greatest community, economic and cybersecurity challenges using the latest innovations in technology. As part of that mission, we’ve identified artificial intelligence and predictive threat detection and prevention as a priority for our customers.”

For more information about how Blackberry Cylance gives organisations the predictive advantage against cyber threats, please contact

To request a demo of CylancePROTECT, CylanceOPTICS or CylancePERSONA, please visit

About BlackBerry
BlackBerry (NYSE: BB; TSX: BB) is a trusted security software and services company that provides enterprises and governments with the technology they need to secure the Internet of Things. Based in Waterloo, Ontario, the company is unwavering in its commitment to safety, cybersecurity and data privacy, and leads in key areas such as artificial intelligence, endpoint security and management, encryption and embedded systems. For more information, visit and follow @BlackBerry.

About BlackBerry Cylance Inc.
BlackBerry Cylance develops artificial intelligence to deliver prevention-first, predictive security products and smart, simple, secure solutions that change how organizations approach endpoint security. BlackBerry Cylance provides full spectrum predictive threat prevention and visibility across the enterprise to combat the most notorious and advanced cybersecurity attacks. With AI-based malware prevention, threat hunting, automated detection and response, and expert security services, BlackBerry Cylance protects the endpoint without increasing staff workload or costs. We call it the Science of Safe. Learn more at

BlackBerry and related trademarks, names and logos are the property of BlackBerry Limited and are registered and/or used in the U.S. and countries around the world. All other marks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.

Media Contacts:
India Bednall/Roisin Nagle
Espresso Communications for BlackBerry Cylance
+61 2 8016 2200

Investor Contact:
BlackBerry Investor Relations
(519) 888-7465

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Ideanomics Reports Q1 2019 Financial Results

NEW YORK, April 30, 2019 /PRNewswire/ — Ideanomics (NASDAQ: IDEX) (“Ideanomics” or the “Company”), a global AI-driven management and financial services company acting as a catalyst for transformative industries, announced today its 2019 Q1 operating results for the period ended March 31, 2019 (a full copy of the Company’s quarterly report on Form 10-Q will be available at

Ideanomics (PRNewsfoto/Ideanomics)

Conference Call: Ideanomics’ management, including Dr. Bruno Wu (Chairman), Alf Poor (Chief Executive Officer), Federico Tovar (Chief Financial Officer) and Tony Sklar (VP of Communications and Head of Investor Relations), will host live an earnings release conference call at 8:30 am ET, Tuesday, April 30, 2019 (8:30 pm Tuesday April 30, 2019 Beijing/Hong Kong Time).

To join the webcast, please visit the ‘Events & Presentations’ section of the Ideanomics corporate website (, or Dial-in Number: (Toll-Free US & Canada): 877-407-3107 or 201-493-6796; for China: +86-400-1202840. Time permitting, Ideanomics management will answer questions during the live Q&A session.

A replay of the earning call will be available soon after the conclusion of the event.

Ideanomics First Quarter 2019 Operating Results

Revenue for the first quarter ended March 31, 2019 was $26.9 million as compared to $185.9 million for the same period in 2018, a decrease of approximately $158.9 million, or approximately 86%.  The decrease was mainly due to a change to our business focus from logistics management to digital business consulting services.  Our business strategy and the primary goal for entering the crude oil and electronic trading businesses was to learn about the needs of buyers and sellers in these industries that rely heavily on the shipment of goods. Our activities in the crude oil trading and electronic trading business have been successful in various aspects in 2018, and for strategic reasons we have now phased out of our crude oil trading business and electronics trading business so that we can work towards enabling the application of our Fintech Ecosystem for other useful cases that we have identified. We intend to continue to capitalize on our efforts and learnings from logistic management business so that we can leverage the applications of our technologies and FinTech Ecosystem across this business and as part of our Industry Ventures strategy.

Cost of revenues was $0.257 million for the quarter ended March 31, 2019, as compared to $185.5 million for the quarter ended March 31, 2018. Our cost of revenues decreased by $185.2 million, from a comparability perspective, the cost of revenue during 2018 is not necessarily indicative of the new FinTech business in 2019. The cost of revenue during 2018 was primarily associated with the logistics management business (oil trading and electronics trading), which traditionally has a very high cost of revenue and low gross margin, while the cost of revenue during the first 3 months of 2019 is primarily associated with our digital asset management services as part of our new FinTech services business. The majority of the cost associated with the development of the master plan services have already been incurred in 2018. In 2018, due to the uncertainty associated with the future economic benefits when such costs were incurred, the Company expensed those costs during 2018.

Gross profit for the quarter ended March 31, 2019 was approximately $26.7 million, as compared to a gross profit of $0.393 million during the same period in 2018, representing an increase of 6,689%. The gross profit ratio for the three months ended March 31, 2019 was 99%, while in 2018, it was 0%. The increase was mainly due to: 1) the Company recorded service revenue from digital asset management services in the first quarter of 2019; and 2) due to the low cost of revenue associated with our digital asset management services, the gross profit margin of first quarter of 2019 increased, compared to the low gross profit margin of the logistics management business. The reasons of high gross margin of the digital asset management services are as follows:

  • we have invested in our technical development knowledge in digital asset management since early 2018;
  • our uncapitalized assets, such as knowhow and expertise in our management team to develop the appropriate strategy and provide the digital asset management service which has delivered a lot of value to our clients;
  • there are no significant incremental cost, other than immaterial labor expense associated with delivering on these services.

Selling, general and administrative expense for the first quarter was $4.2 million as compared to $3.7 million for the same period in 2018, an increase of approximately $0.5 million or 14%. The majority of the increase was due to our efforts in building out our management team in the U.S. and investing in establishing our Fintech infrastructure as part of our transformation.

Professional fees for the three months ended March 31, 2019 were $1.4 million as compared to $0.7 million for the same period in 2018, an increase of approximately $0.7 million.  The increase was related to an increase in legal, valuation, audit and tax as well as fees associated with continuing to build out our technology ecosystem and establishing strategic partnerships and M&A activity as part of this technology ecosystem. 

Net earnings per share for the three months ended March 31, 2019 was $0.19 per share, as compared to a loss per share for same period in 2018 of $0.05 per share. As of March 31, 2019, the company had cash of $2.0 million, total assets of $146.2 million, total liabilities of $72.3 million and total equity of $72.7 million.

During the first quarter of 2019, the Company continued see growth in its AI enhanced financial advisory and asset management business model.

Ideanomcis recently announced it will now market and develop its Artificial Intelligence (AI) service and solutions offerings for financial institutions and regulators under the brand name Intelligenta. 

Intelligenta will have various proven AI-driven SaaS and PaaS solutions ready to actively deploy in customer environments. Available as a PaaS or on-premise service, Intelligenta uses state-of-the-art Artificial Intelligence and Machine Learning to offer products including:

Credit Services: SME loan scoring and pre-approval processing, including analysis and risk assessment, credit rating, related party analysis, and post-credit risk alerts.
Corporation Services:  Compliance monitoring for public companies and private equity funds, fraud monitoring in capital markets, enterprise rating and risk assessment. 
Index Services & Products:  Macroeconomic monitoring, business environment monitoring, new economic index, regional economic modeling. 
Capital Markets Services & Products:  Financial analysis platform, public company reporting platform. 

“This is a significant step in our commercialization of BBD’s AI and machine learning capabilities for the enterprise markets in Europe and the Americas. Intelligenta will serve as a benchmark for AI-driven services, as we bring its multi-award-winning platform to financial institutions. Intelligenta offers intelligent automation solutions in labor-intensive operations such as commercial lending, exchange compliance, and corporate compliance, among others. We are very excited to bring these offerings to market, where they can deliver efficiencies and increased margins to Intelligenta’s target audience,” said Alf Poor, CEO of Ideanomics.

Intelligenta now has over 20 proven AI-driven SaaS and PaaS solutions ready to actively deploy in customer environments. Intelligenta’s dynamic ontology based AI and technology platform, considered comparable to other leading AI and ML platforms such as Palantir, has been operating in large and robust data environments that rival most current competitors.

Intelligenta has already begun marketing its services to U.S.-based financial institutions and banking associations, to deliver improved commercial intelligence, decision-making, risk management, client retention and growth, and other efficiencies that demonstrate significant ROI within the financial sector.

The company’s core operational areas are now aligned with the market demand we are seeing for 2019, these three “engines” are:

The Ideanomics AI Engine Group. Built upon Intelligenta, we will be launching an AI-powered database fine-tuned for the banking and insurance industries to be available as both a PaaS and Saas enterprise solution.

The Ideanomics Digital Banking Advisory Group covering 2 key areas of operations:

  • Digital Renaissance Innovation Catalyst Programming Hubs from 5 key global innovation centers such as our planned fintech campus in West Hartford, Connecticut, along with our planned cleantech/Greentech campus in Kuala Lumpur, Malaysia and other soon to be announced innovation centers in other global locations. These global innovation centers will foster a pipeline of technological excellence in cleantech, fintech, tradetech, agritech, regtech, insuretech, playtech, healthtech, cyber security, and more. As well as our external deal origination efforts described below, we anticipate scaling these technologies into profitable companies within each sector of expertise to the point of IPO or Digital Security Offering for each respective company. In the last 18 months, Ideanomics has formed more than 10 previous acquisitions, joint ventures, and partnerships, such as our previously announced partnership with CVC which have helped form the initial companies within these hubs.
  • Global Asset-Backed Debt Exchange Ecosystem built on a foundation of:
    • Deal Origination, with a focus on asset-backed securities such as Real Estate, Transportation Assets, and Consumption Insurance
    • AI-based Risk Management and Benchmarking for Fixed Income offerings
    • Banking Advisory Broker Dealers (in negotiations)
    • Issuance / Custody / Trading through our investment in DBOT and others in negotiations
    • Market-leading Sales & Mandating

The Ideanomics Digital Asset Management Group provides large-scale holders of assets and crypto currencies with either asset-backed or benchmarked-value globally compliant digital advisory and business development services that stabilize and grow the value of their portfolios.

Ideanomics is currently in discussions, and finalizing details for agreements, with significant EV manufacturers. These manufacturers will leverage of the Ideanomics full suite of green finance solutions and marketing sales services that also include supply chain finance and sales, through to advising on ABS issuance with institutions and banking affiliates similar in size to CICC and Pacific Securities in China. Some of these discussions include fractionalized ABS units and trading platforms.

About Ideanomics
Ideanomics is a global Fintech and AI catalyst for transformative industries combines deal origination and enablement with technology and applications as part of the next-generation of financial services. We drive shareholder value through 3 primary divisions: Artificial Intelligence (AI) Division, Digital Banking and Advisory, and Digital Asset Management Services.

The company is headquartered in New York, NY, and has offices in Beijing, China, with plans for global centers for Technology and Innovation such as our primary fintech village campus in West Hartford, CT.

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 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.

Investor Relations and Media Contact
Tony Sklar, VP of Communications at Ideanomics
55 Broadway, 19 Floor New York, New York 10006
Tel: +



March 31, 2019

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Convertible redeemable preferred stock:

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Common stock – $0.001 par value; 1,500,000,000 shares
authorized, 108,561,959 shares and 102,766,006 shares
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CUJO AI Partners with Avira to Optimize and Provide Premium Security for Network Operators Worldwide

MOUNTAIN VIEW, Calif., April 30, 2019 /PRNewswire/ — CUJO AI, a network intelligence company that provides AI-driven protection and device management solutions today announced their partnership with cybersecurity company Avira. CUJO AI integrates Avira’s threat intelligence feeds into its AI-driven home cybersecurity services.

The Leading Artificial Intelligence Company. (PRNewsfoto/CUJO AI)

“Avira provides us with real-time threat intelligence data from its massive customer base. Our algorithms comprehend the information and provide our own conclusions. This partnership enables us to optimize our resources and provide premium detection for all our customers. Overall, it makes our service more accurate,” highlights Santeri Kangas, CTO of CUJO AI.

Currently, Avira’s threat intelligence is already offered to all network operators that are using  CUJO AI services, including Comcast and Charter Communications. 

“We are confident that our combined efforts will make it easier for network operators to deploy security solutions that proactively enhance and protect their subscribers’ home networks. Together with Avira, we are ready to create new opportunities and enrich the cybersecurity landscape at scale,” explained Santeri Kangas, CTO of CUJO AI.

CUJO AI solutions are already addressing the biggest cybersecurity concerns in the industry. The company analyzes vast amounts of local network data and then uses proprietary machine learning algorithms to power the features and protect the end users.

“Cyber threat feeds are a great way to enhance a security service. They provide intelligence that is easy to integrate, quick to bring online, and provide over-the-horizon visibility into emerging threats well before they affect a user’s security,” explained Matthias Ollig, Avira CTO.  “We’re pleased to welcome CUJO AI to our portfolio of OEM customers to help protect their network operators and, ultimately, their subscribers.” 

About Avira:

Avira protects people in the connected world – enabling everyone to manage, secure, and improve their digital lives. The Avira umbrella covers a portfolio of security and performance applications for Windows, Android, Mac, and iOS. In addition, the reach of our protective technologies extends through OEM partnerships. Our security solutions consistently achieve best-in-class results in independent tests for detection, performance, and usability. Avira is a privately-owned company that employs 500 people. For more information about Avira visit and

About CUJO AI: 

Powered by proprietary Artificial Intelligence models and uniquely built on billions of real-world data points, CUJO AI portfolio of products is designed to gain a clear insight on how data moves across networks and digitally protect people and devices, creating a safer smart-living experience in homes, businesses, and connected communities.

Network, mobile and public Wi-Fi operators around the world utilize the CUJO AI portfolio of products to provide their customers with a seamlessly integrated suite of value-added services, covering: advanced connected device identification, real-time network security, privacy protection, and content access control.

World Economic Forum has recognized CUJO AI as a Technology Pioneer 2018. By the research company Gartner the company was listed as a “Vendor to Watch” and a “Cool Vendor in IoT security”. CUJO AI has won the Security Solution of the Year award at the 2018 Glotel Awards. More information about CUJO AI can be found at


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