KDD 2019 Announces Duke University Computer Scientist and Microsoft Healthcare Executive as Keynote Speakers for 25th Annual Conference

NEW YORK, June 27, 2019 /PRNewswire/ — KDD 2019, the premier interdisciplinary data science conference, today announced Cynthia Rudin, Ph.D., associate professor of computer science at Duke University, and Peter Lee, Ph.D., corporate vice president at Microsoft Healthcare, will be keynote speakers at the 25th annual conference. Taking place Aug. 4-8 in Anchorage, AL, KDD 2019 conference sessions will integrate advanced research with significant applications of data science, machine learning, big data and artificial intelligence.

(PRNewsfoto/ACM SIGKDD)

“Keynote presentations at KDD shape the field for years to come; this year, we wanted to invite recognized experts in two very important areas that are at the cusp of innovation and debate within data science,” said conference co-chairs Ankur Teredesai, CTO of KenSci and professor at the University of Washington, and Vipin Kumar, regents professor at the University of Minnesota. “Dr. Lee’s work in artificial intelligence and cloud computing for healthcare is helping shape the next generation of software and tools at Microsoft. Similarly, Professor Rudin is working to make machine learning processes less complex, more human interpretable and trustworthy, with applications in healthcare AI and criminal justice. This is a fantastic lineup of leaders for participants to hear from, one with deep industry impact, and the other driving academic rigor, who together would normally not share a forum, except at KDD!”

Rudin will argue against the trend in machine learning towards more complex hypothesis spaces in her presentation, “Do Simpler Models Exist and How Can We Find Them?” She will instead make a case for solving the harder constrained optimization problem to find a simpler, but equally accurate, model, covering several new methods for interpretable learning including sparse optimal decision trees and sparse linear integer models.

Rudin focuses her research on machine learning tools that help humans make better, more informed decisions, also known as interpretable machine learning. She studies variable importance measures, causal inference methods, new forms of decision theory, uncertainty quantification, and methods that can incorporate domain-based constraints and other types of domain knowledge into machine learning. Rudin applies her findings to critical societal problems in criminology, healthcare and energy grid reliability.

During his keynote presentation, “The Unreasonable Effectiveness and Difficulty of Data in Healthcare,” Lee will discuss the challenges and road blocks that are preventing data and data analysis from fulfilling the promise of better medical diagnostics, more effective therapeutics and improved productivity. With extensive experience in turning basic research into products of commercial impact, he is primed to discuss what is possible in healthcare technology.

Leading Microsoft’s R&D project incubation initiatives for better, more efficient healthcare enabled by cloud and AI advances, Lee is widely recognized for his deep expertise. He has worked on innovative silicon and post-silicon computer architectures for Microsoft’s cloud, simultaneous language translation for Skype, and deep neural networks for Microsoft’s computer vision systems. He previously held roles at DARPA and Carnegie Mellon University, and is currently a member of the boards of directors of the Allen Institute for Artificial Intelligence and the Kaiser Permanente School of Medicine.

KDD 2019 brings together leading experts in the world of data science and artificial intelligence to share their latest research results and apply recent findings to the challenges facing an array of industries. The event is comprised of workshops, tutorials and designated special theme days, which highlight machine learning applications for environmental sustainability, healthcare and deep learning.

KDD 2019 will be held at the Dena’ina Convention Center and William Egan Convention Center in Anchorage, Alaska, Aug. 4-8, 2019. For more information and to register, visit: https://www.kdd.org/kdd2019/attending/registration.

About ACM SIGKDD:
ACM is the premier global professional organization for researchers and professionals dedicated to the advancement of the science and practice of knowledge discovery and data mining. SIGKDD is ACM’s Special Interest Group on Knowledge Discovery and Data Mining. The annual KDD International Conference on Knowledge Discovery and Data Mining is the premier interdisciplinary conference for data mining, data science and analytics.

For more information on KDD, please visit: https://www.kdd.org/.

Follow KDD on:
Facebook — https://www.facebook.com/SIGKDD
Twitter — https://twitter.com/kdd_news
LinkedIn — https://www.linkedin.com/groups/160888/

 

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LG Licenses Advanced Refrigerator Technologies To GE Appliances

SEOUL, South Korea, June 27, 2019 /PRNewswire/ — LG Electronics (LG) is licensing its patented refrigerator door-ice making technology for use in refrigerators sold by GE Appliances, which Haier acquired in 2016. Terms were not disclosed.

LG Electronics (LG) is licensing its patented refrigerator door-ice making technology for use in refrigerators sold by GE Appliances, which Haier acquired in 2016.

The license agreement follows months of negotiations over GE Appliances’ use of LG’s patented technologies. The agreement underscores the value of LG’s patent portfolio and the company’s leadership in home appliances with more than 400 patents related to door-ice making technology.

LG’s patented door-ice making technology allows for slim and sleek profile designs that maximize usable space inside the refrigerator. This door-ice making technology takes up less room than a conventional refrigerator ice maker and frees up more space for food storage in the refrigeration compartment.

“Our desire to deliver more convenience and functionality to customers drives us to develop innovative new core technologies such as our door-ice making inventions,” said Dan Song, president of LG Electronics Home Appliance & Air Solution Company. “At the same time, as seen in this major patent licensing agreement, LG is committed to actively protecting our intellectual property.”

About LG Electronics Home Appliance & Air Solution Company
The LG Home Appliance & Air Solution Company is a global leader in home appliances, smart home solutions, air quality systems as well as visionary products featuring artificial intelligence. The company is creating total solutions for the home with its industry leading core technologies and is committed to making life better for consumers around the world by developing thoughtfully designed kitchen appliances, living appliances and air solution products. Together, these products deliver enhanced convenience, superb performance, efficient operation and compelling health benefits. For more information, visit www.LG.com.

 

LG’s patented door-ice making technology allows for slim and sleek profile designs that maximize usable space inside the refrigerator.

This door-ice making technology takes up less room than a conventional refrigerator ice maker and frees up more space for food storage in the refrigeration compartment.

LG Electronics

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SOURCE LG Electronics USA

PowerChats Updates Home Service Customer Experience with Latest Software Advances

SOUTH JORDAN, Utah, June 27, 2019 /PRNewswire/ — PowerChats, an artificial intelligence-powered chat service exclusively for the home services industry, has announced major updates designed to improve convenience and conversion tracking, enhance connection with leads and increase customer satisfaction.

In today’s economy, speed to lead is critical for connecting with customers. The new updates provide PowerChats customers with outbound texting capability, expansion of CRM tracking integrations, dynamically changing click-to-call buttons to ensure compatibility with all call-tracking providers and new chat notifications via text message and email. 

Outbound texting allows home service business owners to connect immediately with all of their company’s customers or to conduct chats by text through the PowerChats app or website. The text and email notifications alert team members when a chat has been initiated and offer them the option to switch from AI to taking control with live chat. 

“Outbound texting and real-time alerts will tighten our users’ connection with their customers and leads,” said Brigham Dickinson, founder and president of PowerChats. “The new text option expands the platform’s availability for reaching out or responding to customers, and the notifications are a powerful safeguard that ensures visitors to the website have a positive experience.

“Tracking conversions and working well with other systems is something else we really pride ourselves on,” Dickinson said. “We know our customers use other tools, so the more tracking integrations we can provide, the better. We’re very happy that we can be an extension to call-tracking software and are excited to expand on the functionality even further.”

PowerChats’ innovative interface and wide variety of user options generate more positive reviews, more phone calls, more completed chats and more sales leads at a higher rate than any other tools. PowerChats’ artificial intelligence also results in completing chats in less time with more information collected. 

“Connection is the key in the competitive home services market,” Dickinson said. “PowerChats allows website visitors to get the information they’re looking for quickly and conveniently, and it lets our customers spend more time on their trade.”

To schedule a PowerChats demo or to discover more information, visit www.powerchats.com.

About PowerChats
PowerChats is an artificial intelligence-powered website chat service that specializes in helping home service companies generate and capture more leads by utilizing a user-friendly interface and clear, efficient messaging. PowerChats clients see a higher chat completion rate, more leads generated and more positive online reviews posted compared to other chat service clients. By providing more options and deeper levels of customization than a typical chat service, PowerChats users and their customers alike experience unparalleled satisfaction and results. To schedule a demo of PowerChats, go to PowerChats.com or call 801-860-1871.

MEDIA CONTACT:
Heather Ripley
Ripley PR
865-977-1973
hripley@ripleypr.com

 

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Increasing Demand for Unmanned Aerial Vehicles (UAVs) is Anticipated to Fuel the Growth of Gyroscope Market During 2019-2025 – IndustryARC

HYDERABAD, India, June 27, 2019 /PRNewswire/ — Gyroscope Market is being led by increase in demand for of these sensing units for consumer electronics, automotive and aerospace. The gyroscope market was valued at $1.6 billion in 2018, and is estimated to reach $2.1 billion after growing at a CAGR of 5% during the forecast period 2019-2025. The market is analyzed to be driven by the buoying adoption of unmanned aerial vehicles for various defense and commercial applications.

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Devices such as micro-electromechanical system (MEMS) gyroscopes, Fiber-optic gyroscopes, and Ring Laser gyroscopes are used in different industries such as automotive, aerospace, defense and others. Application in the Aerospace and Defense industry is the fastest growing segment, and is expected to grow at a CAGR of 6.5% during the forecast period 2019-2025. The fiber optic gyroscope-based inertial navigations systems exhibit high performance rate as angular sensors for navigating aircrafts and ships, and for measuring the inertial positioning at different angles. The European Commission allocated over $103m for setting up a European Defense Fund from the EU budget for 2017 – 2019. Extensive use of fiber optics gyroscopes in military applications, such as time-of-flight for tactical missile, ground detection, and Global Positioning Systems (GPS), has made the aerospace and defense industry one of the leading consumer industries for the gyroscope market. This coupled with rising investments in the aerospace and defense sector, will continue to create demand for the gyroscope market in the coming future.

To access / purchase the full report browse the link below

https://www.industryarc.com/Report/15628/gyroscope-market.html

North America contributed a major market share in the global gyroscope market, accounting for nearly 40% in 2018. In recent years, North America is witnessing rapid developments in the aerospace, defense and maritime sectors. According to the Global System for Mobile Communication (GSMA), consumer electronics will also present huge opportunities in future years for the gyroscope market. Recently, Bosch unveiled its latest MEMS process technology, which combines a gyroscope with an accelerometer. This type of gyroscope scope is expected to be majorly deployed in smart watches. In 2018, there were around 5,108 million mobile communication subscribers present across the globe, and this number is projected to reach 5,818 million by 2025. As gyroscope sensors are mostly used in consumer electronics such as mobiles, smart watches and others, it is expected to lead to increased market growth during the forecast period.

Gyroscope Market Growth Drivers:

  • Rising vehicle production: As per the Organization of Motor Vehicle Manufacturers (OICA) statistics, 70.5 million passenger vehicles were manufactured in 2018. Furthermore, shifting demand towards autonomous vehicles will boost growth of the electric vehicles market. Gyroscope sensors are being integrated in automotive systems to capture angular velocity sensing, angle sensing, and control mechanisms. Increasing automotive safety regulations have mandated automotive manufacturers to build autonomous vehicles equipped with gyroscopes sensors. Rising production in vehicles simultaneously increases scope for the gyroscope market.
  • Emergence of Unmanned Aerial Vehicles (UAVs): Integration of gyroscopes improve drone flight capabilities. Globally, the military and defense sectors are using UAVs equipped with gyroscope sensors to locate enemies at cross-border regions. Drone manufacturers are using gyroscope sensors for building functionalities to measure angular velocity and linear movement. As per the American Safety and Security Department, currently about 48 countries are using 150 types of military drone systems. At least 28 countries have armed drones within their military including the U.S., Israel, the U.K., Iraq, Iran, Turkey and others. Increasing role of artificial intelligence (AI) in drones are creating trustworthy technology for the drone investors, leading to positive growth of the gyroscope market.

R&D Investment and Initiative, Funding:

In October 2018, Caltech developed a mini gyroscope which is 500 times smaller, 30 times more effective than conventional gyroscopes and can be used in multi-functional devices. Advancements such as these will impact the market positively as the electronics industry look towards miniaturization. The mini gyroscope developed by the company is applicable in drones, wearable electronics and other handheld devices.

In 2018, GEM Electronica launched Polaris fiber optic gyroscope which is majorly used as a navigation system for ships, and leads to increased efficiency.

Get a quote of Gyroscope Market Report from one of our sales representatives

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The Major Players in this Market Include:

Major players in the gyroscope market include Aeron, Honeywell International Inc., Lord Microstain, MEMSIC, Moog, Northrop Grumman, CASC China Aerospace, GEM Electronica, NG Italia, Optolink and others.

In January 2019, Honeywell and Pipistrel partnered to explore and develop solutions for aircraft technologies including for autonomous flights, avionics, and others. This partnership is expected to fully support autonomous operations of both companies in the future.

Conclusion

The ongoing trend of miniaturization of the fiber optics gyroscope is a growth factor for the gyroscope market in the aerospace and defense industry. Reducing the size of fiber optics gyroscope without affecting their functional accuracy will present growth opportunities for UAVs, which are anticipated to witness large-scale adoption by the military and aerospace industries, leading to growth for the gyroscope market. Apart from these industries, GSMA predicts that the consumer electronics industry will also create substantial growth for the gyroscope market owing to increase in the number of users.

About IndustryARC:

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.

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SOURCE IndustryARC

Top 27 Healthcare Software Development Firms, According to SDCR – Top Software Development Companies

NEW YORK, June 27, 2019 /PRNewswire-PRWeb/ — SoftwareDevelopmentCompany.co, a B2B marketplace connecting brands with software developers, researched and determined the leading healthcare industry software development firms from around the world.

The best healthcare software development companies include:

1.    Table XI

For over 15 years, Table XI has been designing user experiences that truly delight patients, providers and administrators alike. Table XI has supported the innovative vision for organizations like Blue Cross/Blue Shield, the Journal for the American Medical Association (JAMA), Outcome Health, and Northwestern University’s Department of Medicine. Table XI has experience with the leading trends that are changing medicine and healthcare solutions (connected medical devices and IoT, mobile apps to improve telemedicine and patient/provider connection, and a renewed focus on improving the patient’s experience.

https://www.youtube.com/watch?v=QYyWmFbcqTU&

2.    Anadea

Anadea specializes in building cutting-edge web and mobile solutions for business automation. With 17+ years’ experience in the software industry, a strong workforce of 100+ in-house IT experts and more than 400 successfully delivered projects, they have accumulated deep technological expertise. They provide a complete range of software development services, including web and mobile app development, software QA testing, server administration and maintenance, consulting and audit.

3.    Apiumhub

Apiumhub is a software development company based in Barcelona that transformed into a tech hub, mainly offering services of mobile app development, web development, software architecture, DevOps and Product Ownership.

4.    ArtVersion Interactive

ArtVersion is a full-service multidisciplinary creative agency located in Chicago and working with brands worldwide. One of their most valuable assets resides in their team’s ability to enable growth in businesses that seek to either launch, expand into a new market or solidify their legacy. Regularly, working with influential startups and growing brands, ArtVersion identifies opportunity and develops strategies to generate conversion.

5.    Belitsoft

Belitsoft is a reliable software development company from Minsk, Belarus. They have been on the market since 2004 and have grown to over 260 qualified people. They specialize in turnkey mobile applications built with native or cross-platform technologies (Ionic, React Native).

6.    Cabot Technology Solution

Cabot Technology Solutions provides Product Engineering Services for Enterprise Mobile apps, Web Applications, IoT, & DevOps. Their experienced technical team is complemented by an equally strong management team who have spent more than a decade working across the US and Canada in a range of management and analyst capacities. Leveraging their experience, they quickly bring an appropriate context to business requirements and deliver a sustainable IT solution. They professionally manage all projects mitigating the business analysis and project management risks associated with offshore development.

7.    CognitiveClouds

CognitiveClouds helps top startups and companies build remarkable web, mobile and tablet products They are among a handful of companies who can turn simple sketches into fully featured products that work on any device. Focus is what creates value, so they utilize their proven process to take a brand’s first-version product across the finish line. They design, architect and develop elegant software products. The products they design offer compelling user experiences and beautiful visual designs. They use modern technologies like iOS, Android, Ruby on Rails (RoR), Golang (Go), Scala, Node.js and AngularJS to build robust mobile and responsive web products.

8.    darkbears

DARK BEARS is a company founded by a team of highly qualified professionals, specialized in delivering original and creative services. For more than 7 years since then, they have been delivering outstanding results in software development to all of their clients around the world. They have a verifiable history of working with clients in USA, UK, Holland, Germany, Australia, Middle-East and India. Dark Bears possesses the best skills and culture to get a business that needed technical-edge over their competition.

9.    Decipher Zone Softwares

Decipher Zone Softwares is a leading outsourcing Java development company which specializes in website, Java development, web application development, blockchain development where trailblazing customizable software solutions are developed with agile methodology at unbelievably low cost.

10.    Dogtown Media

Dogtown Media creates impactful mobile apps that solve real-world problems. They harness the transformational power of creative technology to make a positive impact, using the latest developments in the Internet of Things (IoT), Artificial Intelligence (AI), Machine Learning, Augmented Reality (AR)/Virtual Reality (VR). Focused on dynamic design and disruptive development, they deliver innovative iOS, Android, and web-based mobile app solutions to VC-Funded Startups and Enterprises including Google, Citi, and Red Bull. To date, Dogtown has created over 200 mobile apps across multiple industries including Healthcare, Finance, and Robotics.

11.    Donatix

Donatix is a web and mobile application development company that specializes in working with startups and corporations in the healthcare, financial and travel sector. They build custom apps for web and mobile, technology consultancy, UI and UX design

12.    EMERGE

Emerge is a digital experience agency that specializes in strategic planning, UX, website design and mobile application development services. Whether they’re envisioning responsive digital ecosystems, designing complex platforms, or building mobile apps, tools, and experiences — whether they’re modernizing supply-chains, augmenting physical products, and inventing better business models — they make things that matter. Together, we’re a tribe of thinkers, makers, hackers, and doers.

13.    HTML Pro

Headquartered in Heart of Manhattan with existence in 4 continents, HTML Pro is among the Top Ten Digital & Software Development Agencies Globally, transforming businesses functions digitally for continued success in the modern era. HTML Pro is a part of NxENTER Group of companies, equipped with modern technology tools, highly skilled, & certified web designers, software programmers, digital marketers, & customer services professionals. An Award Winning Agency, HTML Pro has a Legacy of Success in North America, Scandinavia, GCC, & Asia within Multi-Billion Dollar Groups.

14.    ICON Worldwide

ICON Worldwide is a full-service Design & Technology company based in Zürich, with a development center in Sofia, Bulgaria. They design, build and manage websites, mobile apps and social media campaigns for global companies across all sectors. They are Drupal Experts, Acquia Certified, Magnolia certified and iOS and Android experts.

15.    IIH Global

IIH Global believes in coming up with innovative ideas to deliver excellence in services with a constant accent on quality and customer satisfaction to brighten businesses among competitors. Their technical expertise and experience have led them to be a top website design company in the UK and India. IIH Global is a leading UK based software Development company specializing in Website Development, Website Design, Software Development, CRM Development, Python Web Development, CMS Development, Mobile App Development and Digital Marketing Company based in UK & India.

16.    itCraft

Delivering mobile innovation to businesses around the world since 2010, itCraft proudly provides comprehensive software production services. With more than 130 successful projects delivered, they have outstanding UX/UI designers; in-house Android, iOS and web teams; 50 specialists covering full app development skill set; dedicated Agile Scrum teams for each project; and more. They work with top brands like Deloitte Digital, DHL, LUX MED (Bupa Group), Top Secret, Makro C&C, Rossmann, Sodexo, Bank BPH, and many others. itCraft delivers superb native mobile applications and web solutions for a range of industries, such as Transport & Logistics, Healthcare, Social, Fintech, and more.

17.    Max Effect Marketing

Max Effect Marketing is a comprehensive marketing and design company that focuses on partnering with the client to achieve their goals. Their experienced and creatively driven team excels in bringing a multitude of design strategies and marketing channels to ensure a successful and comprehensive campaign. Their custom plans can help clients with their marketing and design goals across industries.

18.    NaNLABS

NaNLABS is a Design & Software Development agency. It provides three main services: Custom Software Development, UX & UI Strategic Design, and Architecture Consultancy. NaNLabs developers develop full-cycle solutions and go beyond simple software development. They stand by our partners’ side throughout the development cycle, from the definition of the requirements to the product development and its maintenance. They act as a consulting team as well as a development team. They work with organizations with a startup mindset that want to bring digital products to life. Over the years they have gathered experience with Cybersecurity, Digital Marketing, Real Estate, Retail industries among others.

19.    Next Big Technology

Next Big Technology (NBT) is a premium web development and web design firm since 2009. NBT always aims at infusion of latest technologies for advancements of website development. As a website applications development company, they know how a website can take off with proper design and programming. NBT is has a team of 30+ professionals with assorted skill sets. NBT provides a full range of web services with expertise in Website Design, Website Development, Website Maintenance, Website Redesign, Offshore Outsourcing, Ecommerce Web Development, CMS Web Development, Mobile Application Development , Android Applications, IOS Applications, Cross-platform Applications React Native Development, Hybrid Development, Ionic Development, Search Engine Optimization, and more.

20.    Proxima agency

Proxima agency inventively applies their experience in designing, creating and promoting digital products to help businesses grow faster. They create digital solutions and high-quality strategies that provoke people to buy products and consume services.

21.    Rubyroid Labs

Rubyroid Labs will bring their clients’ project to the next level. With a team of 40 full-stack engineers, Rubyroid Labs team can handle both ongoing software development and new projects. Brands will find Development, Quality Assurance, Design and Management in one place. The company has successfully developed several healthcare solutions, so those software project will be in experienced hands.

22.    Seamgen

Seamgen designs and develops best-in-class web and mobile applications for clients from growing startups to the largest enterprises. They are an industry-leading mobile and digital agency at the forefront of technology. Their team specializes in full-stack development and they are experts in user experience design, web, and mobile applications. They work with brands from many different industries including healthcare, hospitality, and automotive.

23.    Sine Engineering Bureau

Sine is an industrial design and engineering bureau based in Lviv Ukraine. It was founded in 2018 by Ostap Ferensovych and Pavlo Doro, who are also in charge of engineering and design in the company. Sine Engineering Bureau is specialized in industrial design, electronic, mechanic, interface design and software development.

24.    Tudip Technologies Pvt Ltd

Tudip Technologies is a value-driven Software Services company. Tudip is an extreme Agile company that had been helping clients with their MVP and product building needs across the platforms and domains. They work on cutting edge technologies and believe cookie-cutter solutions don’t work for all clients. What makes Tudip unique is its approach to solve clients’ business problems. It is agile as a startup but has the processes of the big giant. This is the unique combination which is not found in most of the development companies. Tudip has a track record of developing more than 100 products over a period of 9 years.

25.    2muchcoffee

2muchcoffee’s core values include a personal approach, high internal code standards, flexible management, and an open mind. Thousands of MVP and start-ups used their open source – NGX-restangular in their Angular 2/4/5/6/7 based projects. 2much coffee offers services such as end-to-end mobile and web development; code expertise; UI/UX design; cloud-based solutions; advanced Quality Assurance.

26.    Visualwebz LLC

Visualwebz LLC has been providing professional and quality services since 2008. Visualwebz LLC is a web design and internet marketing company offering services locally as well as globally. Services available include online marketing, search engine optimization, content writing, website development, website repair, and maintenance. They have a wealth of experience in fostering small to medium sized business websites. Visualwebz also handles the whole website development process, hence why they stand out as a full stack website development firm. Their expertise ranges in numerous industries from healthcare to daycare schools, training, and manufacturing businesses.

27.    Web Design Sun®

Web Design Sun is a fully remote web design and development company focused on the clients’ results and revenue. They have expertise in creating customized web and mobile solutions. Their programmers are dedicated code maniacs who adore bringing a product to perfection. The squad of gifted designers prepares bespoke responsive design using the most advanced UI and UX technologies that reinforce websites and attract users. They hold control over their clients’ servers and take care of the proper work of the whole system while brands run their business.

Brands can view the best healthcare software development agencies by price, expertise, rankings and more on Top Software Development Companies.    

SOURCE SDCR – Top Software Development Companies

Cognizant Named an AI Services Leader in IDC MarketScape Report

TEANECK, N.J., June 27, 2019 /PRNewswire/ — Cognizant (Nasdaq: CTSH) today announced that market intelligence and advisory services firm IDC has named it a leader in the new IDC MarketScape: Worldwide Artificial Intelligence Services 2019 Vendor Assessment (doc #US44514819, April 2019) report.

Cognizant Logo (PRNewsfoto/Cognizant)

The report assesses 12 global AI service providers based on buyer feedback as well as quantitative and qualitative market data compiled by the IDC MarketScape. “IDC rates Cognizant highly in terms of its strategies around skills and platforms and its delivery automation capabilities,” according to the report. It also notes, “Buyers rate Cognizant highly for its ability to deliver the right value for the fee paid.”

Additionally, the report notes that Cognizant’s AI and analytics practice takes a human-centric approach to delivering AI solutions targeted at specific business outcomes. According to the report, organizations should consider Cognizant when “they are looking for a partner that can provide high-touch customer service to apply AI to their specific business problem as well as good value for fee paid. Cognizant should also be on the short list if you are seeking a partner with a broad range of AI services skills and IP-based platform offerings.

“Businesses are rapidly deploying new AI technologies – everything from chatbots to neural networks – to create more personalized experiences, intelligent products and smarter business processes,” said Karthik Krishnamurthy, Global Markets Head, Cognizant Digital Business.  “Most business processes can benefit from these technologies, tools and algorithms, and every organization is at a different place on the AI maturity curve. We work with clients to help them realize new value where insights are generated at machine learning speed, using unparalleled computational power for unprecedented outcomes.”

“While the rate of AI adoption is on the rise, concerns around AI ethics and its implication on business processes and people and underlying data challenges such as data curation, migration, governance, and security continue to be key barriers to adoption. Vendors that are addressing these two concerns up front in addition to providing the necessary domain, industry, and technology expertise required to deliver AI solutions for customers will be more successful in helping enterprises take on AI initiatives,” says Ali Zaidi, research director, IT Project Based Services at IDC.

Read: IDC MarketScape: Worldwide Artificial Intelligence Services 2019 Vendor Assessment excerpt here: https://www.cognizant.com/Resources/idc-marketscape-2019-ai-assessment.pdf

Learn More about Cognizant’s AI Solutions:

Cognizant Artificial Intelligence: www.cognizant.com/AI

Making AI Responsible and Effective Whitepaper: https://www.cognizant.com/whitepapers/making-ai-responsible-and-effective-codex3974.pdf

Accelerate Business Growth and Outcomes with AI eBook: https://www.cognizant.com/whitepapers/accelerate-business-growth-and-outcomes-with-ai-codex3743.pdf

About IDC MarketScape

IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market.  IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared.  The framework also provides technology buyers with a 360 degree assessment of the strengths and weaknesses of current and prospective vendors.  

About Cognizant

Cognizant (Nasdaq-100: CTSH) is one of the world’s leading professional services companies, transforming clients’ business, operating and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build and run more innovative and efficient businesses. Headquartered in the U.S., Cognizant is ranked 193 on the Fortune 500 and is consistently listed among the most admired companies in the world. Learn how Cognizant helps clients lead with digital at www.cognizant.com or follow us @Cognizant

 

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The global market for artificial intelligence is anticipated to prosper further over the forecast period of 2019-2027

NEW YORK, June 27, 2019 /PRNewswire/ — KEY FINDINGS
Owing to its potential application in areas like education, healthcare & wellness, economic inclusion, environment, energy, entertainment and social welfare, the global market for artificial intelligence is anticipated to prosper further over the forecast period of 2019-2027. Inkwood Research has estimated that the global market for Artificial Intelligence will capture $94.01 billion by 2027, growing at a CAGR of 40.39% during the forecast period. The base year considered for the market study is 2018 & the forecast period is between 2019 & 2027.

Read the full report: https://www.reportlinker.com/p05129386/?utm_source=PRN

MARKET INSIGHTS
The rising funding & investment in AI technology, a growing number of startups in the AI market, the increased adoption of AI for improving customer service experience, the integration of big data with Artificial Intelligence & machine learning, and the AI-driven improvements are the new trend of enhancing productivity are the core factors that have essentially been proliferating the market growth across the world.
The adoption of Artificial Intelligence (AI) technology is rising owing to its potential to advance forecasting & sourcing, enhance & automate operations, develop targeted marketing & pricing, & enrich the user experience. The reluctance to adopt Artificial Intelligence technology is another major challenge faced by the market in the current scenario.

REGIONAL INSIGHTS
The global artificial intelligence market is spread across the regions of Europe, Asia-Pacific, North America and the Rest of World.On account of several favorable government schemes and programme that are aimed at boosting the adoption of Artificial Intelligence in countries like the USA and Canada, the North American regional market is dominating the global AI market.

Likewise, the Asia-Pacific market is also fast progressing. The region has witnessed a substantial rise in investments from private as well as government organizations for the further development of this technology.

COMPETITIVE INSIGHTS
GE Healthcare, Microstrategy Inc., Shell Oil Company, Sizmek Inc., International Business Machines Corporation (IBM) Corporation, Intel Corporation, NVIDIA Corporation, Next IT Corporation (Acquired By Verint), Uber Technologies Inc., Apple Inc., [24]7.AI, Inc., Microsoft Corporation, Google Inc., Qlik Technologies, and Ipsoft Incorporated are the major companies operating in the market.

Companies mentioned
1. [24]7.AI, INC.
2. APPLE INC.
3. GE HEALTHCARE
4. GOOGLE INC.
5. INTEL CORPORATION
6. INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM) CORPORATION
7. IPSOFT INCORPORATED
8. MICROSOFT CORPORATION
9. MICROSTRATEGY INC.
10. NEXT IT CORPORATION (ACQUIRED BY VERINT)
11. NVIDIA CORPORATION
12. QLIK TECHNOLOGIES
13. SHELL OIL COMPANY
14. SIZMEK INC.
15. UBER TECHNOLOGIES INC.

Read the full report: https://www.reportlinker.com/p05129386/?utm_source=PRN

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Fractal Analytics Named a Leader Among Customer Analytics Service Providers by an Independent Research Firm

NEW YORK, June 27, 2019 /PRNewswire/ — Fractal Analytics, a global leader in artificial intelligence and analytics powering decision-making in Fortune 500 companies, today announced that it has been named a leader among Customer Analytics Service Providers (CASPs) in the recent  The Forrester Wave™: Customer Analytics Service Providers, Q2 2019 report, published by an independent market research company, Forrester Research.

Fractal_Analytics

“We’re delighted that we are named as a Leader in Forrester’s Customer Analytics Service Providers report,” said Pranay Agrawal, Co-founder and CEO of Fractal Analytics. “We have a clear mission, to help our clients create a billion-dollar value via AI and analytics. We believe that this latest recognition by Forrester validates our approach and testifies to the significant impact Fractal continues to make with some of the most successful brands in the world. We will continue to aim to transform our clients’ businesses with AI and analytics, and to power every human decision in the enterprise.”

“[Fractal Analytics] owns the Final Mile of analytics.” The Forrester Wave™: Customer Analytics Service Providers Report (Q2 2019). Fractal knows that customer analytics is only half the battle, while the other half is implementing the resulting insights in a meaningful way. Fractal invests a good chunk of its revenue into R&D, and the result is a slew of products that accelerate time-to-value, such as Customer Genomics, its continuously learning personalization engine.” Download the full report.

Forrester Research assessed each organization in the report on thirty-three different criteria for three categories, including Current Offering, Strategy and Market Presence. Within the three categories, Fractal has received the highest possible score in 20 out of 33 criteria. This included the criteria of Innovation & Transformation, Vertical Competencies & Experience, Personalization and Current Partner Ecosystem.

This report is among the recent analyst recognition of Fractal’s AI and Analytics capabilities. Fractal was also named :

(1) A strong Performer in The Forrester Wave™: Specialized Insights Service Providers, Q2 2018 and,

(2) An Honorable Vendor in Gartner’s Magic Quadrant for Data & Analytics Service Providers 2019.

Download the full The Forrester Wave™: Customer Analytics Service Providers, Q2 2019 report here.

About Fractal Analytics

Founded in 2000, Fractal Analytics is a strategic analytics partner to the most admired Fortune 500 companies globally and helps them power every human decision in the enterprise by bringing analytics & AI to the decision-making process.

Fractal has built several cutting-edge AI product startups within its ecosystem across industries, including:

  • Qure.ai to transform how radiologists make diagnostics’ decisions. Qure’s qXR solution is the first AI-based Chest X-Ray interpretation tool to receive CE certification. Qure’s recently launched qER solution for interpreting head CT scans has been proven to have more than 95% accuracy in identifying abnormalities.
  • Cuddle.ai to transform how executives make tactical and operational decisions. Cuddle automatically alerts users on what they need to know about their business and allows them to ask questions about their business in natural language.
  • Trial Run to improve strategic and operational decisions. Trial Run is a cloud-based experimentation platform that enables companies across verticals to test, measure and refine strategies before rollout.

Fractal has more than 1,200 consultants spread across 15 global locations including the United States, UK and India. Fractal has been featured as, a Great Place to Work by The Economic Times in partnership with the Great Place to Work® Institute and recognized as a ‘Cool Vendor’ and a ‘Vendor to Watch’ by Gartner. For more information: www.fractal.ai 

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Nexant’s Grid360 and iEnergy Software Supports UK Power Networks in First Comprehensive Advanced Network Management System in the World

SAN FRANCISCO, June 27, 2019 /PRNewswire/ — Software designed by Nexant, Smarter Grid Solutions, and GreenSync are coordinating to create the world’s most advanced electricity network management and control system. UK Power Networks supplies electricity to more than 8.3 million homes and businesses and is Great Britain’s largest electricity distributor.

Through this combined software solution, UK Power Networks and its customers will receive the following benefits:

  • More Renewable Energy—Distributed energy resources (DERs) including solar, wind, and energy storage devices will be connected to the grid faster and at less cost, generating enough power for 250,000 homes.
  • Infrastructure Savings—Reducing the time to connect DERs will reduce the need to upgrade infrastructure and save money. The solution will defer other network upgrades and costs by shifting localized peak demand and providing power during planned and unplanned outages.
  • Efficiency and Safety—Artificial intelligence will be used to process big data and determine safe and efficient ways to run the network.
  • Innovative Control Schemes—The network can be seen from a complete view, providing perspective to make complex decisions and set autonomous processes that will optimize available power.
  • Real-time Control—The network will be able to handle and dispatch services for events such as DER non-compliance and communications failure.
  • Flexibility—Giving customers expedited flexible connections, enabling more solar and wind installations.
  • Big Platform Potential—Unlimited smart grid applications and emerging technologies can be applied to the platform, allowing the possibility for more insights via machine learning, AI, and big data analysis.

As part of the integrated platform, Smarter Grid Solutions’ ANM Strata will allow UK Power Networks to smoothly make the transition to an active distribution system operator. Nexant is supplying the control center and planning analytics via Grid360 and a public-facing market interface through iEnergy. GreenSync’s deX product is incorporated to provide a distributed energy marketplace.

This software partnership will enable UK Power Networks to add additional renewable energy sources, increase efficiency and safety, and save customers money.

Bob Currie, Chief Technology Officer at Glasgow-based SGS, said, “This is a watershed moment for the management of distribution networks and DERs. We are delighted to work with UK Power Networks to deliver flexibility services markets and innovative control schemes across its license areas to enable clean and distributed energy resources to connect to the grid and realize their full value.”

John Dirkman, Vice President of Product Management at Nexant, said, “This cutting edge project broadly enables and revolutionizes decarbonization via electrification, distributed generation, demand response, and energy storage. It’s a perfect example of how best-in-class applications can be combined to provide tremendous value to utilities around the world.”

About Nexant
Nexant is a premier provider of technology enabled solutions to the Utility and Energy Industry focused on the next generation intelligent grid, distributed energy resources, and the digital customer experience. Nexant’s clients include over 200 utility and software services customers and works with over 300 chemical and petroleum majors, financial institutions, and Fortune 500 companies.

About Smarter Grid Solutions
Smarter Grid Solutions (SGS) is a leading provider of distributed resource management system (DERMS) software with over 300 MW of generation and load under real-time control. With offices in New York, Glasgow and London, SGS is a global solutions provider to distribution utilities, distribution network operators and distributed energy resource providers.

About UK Power Networks
UK Power Networks is the country’s biggest electricity distributor, making sure the lights stay on for more than eight million homes and businesses across London, the South East and the East of England.

UK Power Networks is committed to providing excellent service to the over 18 million people who use their network every day. The company invests more than £600 million in its electricity networks every year, offers extra help to vulnerable customers at times of need, and is undertaking trials to ensure that electricity networks support the transition to a low carbon future.

In June, UK Power Networks won the 2019 EEI International Edison Award at a ceremony in Philadelphia, United States, for its part in enabling Britain’s low carbon transition. The award is billed as the electric power industry’s most prestigious honor and the winner is chosen by a panel of former energy company chief executives.

Nexant, Inc. (PRNewsfoto/Nexant)

 

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The global artificial intelligence market is expected to reach $71 billion by 2024 with a CAGR of 26% from 2019 to 2024

NEW YORK, June 27, 2019 /PRNewswire/ — Trends, opportunities and forecast in artificial intelligence market to 2024 by end use industry (media and advertising, security, automotive, healthcare, retail, fintech, manufacturing and others), by technology (machine learning, natural learning processing, and others), by product and service (hardware, software, and service) and by region (North America, Europe, Asia Pacific, and the Rest of the World)

Download the full report: https://www.reportbuyer.com/product/5790534/?utm_source=PRN

The future of the global artificial intelligence market looks attractive with opportunities in the healthcare, security, retail, automotive, manufacturing, and financial technology (fintech) sectors. The global artificial intelligence market is expected to reach $71 billion by 2024 with a CAGR of 26% from 2019 to 2024. The major drivers for this market are increasing demand for virtual assistance for easy accessibility of services and growing adoption of cloud-based technology.

Emerging trends, which have a direct impact on the dynamics of the artificial intelligence industry, include growing adoption of artificial intelligence in IoT applications and increasing demand for AI-enabled processors.

Artificial Intelligence market by end use industry

Artificial Intelligence market

Artificial Intelligence market

The study includes the artificial intelligence market size and forecast for the global artificial intelligence market through 2024, segmented by end use industry, technology, product and service, and region as follows:

Artificial Intelligence Market by End Use Industry [ $B shipment analysis from 2013 to 2024]:
Media and Advertising Security Automotive Healthcare Retail Fintech (Financial Technology) Manufacturing Others

Artificial Intelligence Market by Technology [$B shipment analysis from 2013 to 2024]:
Machine Learning Natural Language Processing (NLP) Others

Artificial Intelligence Market by Product and Service [$B shipment analysis from 2013 to 2024]:
Hardware Processor Memory Network Software Service

Artificial Intelligence Market by Region [$B shipment analysis for 2013 to 2024]:
North America United States Canada Mexico Europe United Kingdom France Germany Asia Pacific China Japan India The Rest of the World
Some of the artificial intelligence companies profiled in this report include Intel, IBM, Amazon, Facebook, NVIDIA, Apple, Microsoft, General Electric, and NEC Corporation and others.

The analyst forecasts that the machine learning technology will remain the largest segment and it is also expected to witness the highest growth over the forecast period due to increasing adoption of this technology in the autonomous applications and growing consumer preference for IoT-enabled devices.

Within the artificial intelligence market, media and advertising will remain the largest application due to an increasing adoption of customer-centric marketing strategies and increasing use of social platform for advertisements. The healthcare segment is expected to witness the highest growth over forecast period due to advancements in clinical research and growing demand for electronics-based medical equipment and sensors in the healthcare applications.

APAC will remain the largest region and it is also expected to witness the highest growth over the forecast period due to the growing adoption of IoT (internet of things), increasing installation of smart home devices, and growing industrial automation in countries, such as China, India, and Taiwan.

Some of the features of “Artificial Intelligence Market Report: Trends, Forecast and Competitive Analysis” include:
Market size estimates: Global artificial intelligence market size estimation in terms of value ($B) shipment.
Trend and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) by end use and use industry.
Segmentation analysis: Global artificial intelligence market size by end use industry, technology, product and service type in terms of value and volume shipment.
Regional analysis: Global artificial intelligence market breakdown by key regions such as North America, Europe, and Asia & Rest of World.
Growth opportunities: Analysis on growth opportunities in different applications and regions of artificial intelligence in the global artificial intelligence market.
Strategic analysis: This includes M&A, new product development, and competitive landscape of artificial intelligence in the global artificial intelligence market. Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following 11 key questions:
Q.1 What are some of the most promising, high-growth opportunities for the global artificial intelligence market by end use industry (media and advertising, security, automotive, healthcare, retail, fintech, manufacturing and others), by technology (machine learning, natural learning processing, and others), by product and service (hardware, software, and service) and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the artificial intelligence market?
Q.6 What are the emerging trends in this artificial intelligence market and reasons behind them?
Q.7 What are some changing demands of customers in the artificial intelligence market?
Q.8 What are the new developments in the artificial intelligence market? Which companies are leading these developments?
Q.9 Who are the major players in this artificial intelligence market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this artificial intelligence area and how big of a threat do they pose for loss of market share via product substitution?
Q.11 What M&A activity has occurred in the last 5 years in this artificial intelligence market?

Download the full report: https://www.reportbuyer.com/product/5790534/?utm_source=PRN

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