DocuSign expands agreement cloud with new AI solution for incoming contract analysis and negotiation

SAN FRANCISCO, Sept. 30, 2020 /PRNewswire/ — As part of its drive to bring the power of artificial intelligence to the broader agreement process, DocuSign (NASDAQ:DOCU) today released DocuSign Analyzer, the AI-powered contract analytics solution designed for incoming agreements.

As an extension of DocuSign Insight—the enterprise AI solution that lets companies find, search and understand the agreements they already have—Analyzer streamlines the process of reviewing and negotiating agreements when companies first receive them. It uses AI to provide legal, sales, procurement and other stakeholders with clear and actionable insight into the risks and opportunities in the documents they are being asked to review and sign—before it’s too late to negotiate better terms.

These issues were quantified in recent studies. In one*, almost half the companies surveyed faced significant risks as they couldn’t easily detect problematic language in contracts. In another survey**, a third of companies said contracts take an average of over 30 hours to negotiate. And 65% experienced delays in closing deals as a result of contract management challenges.

“While we’ve long made it easier for customers to get agreements signed electronically, we knew we could do more to help them understand and manage any risks prior to doing so,” explained Jim Wagner, VP of Agreement Cloud Strategy at DocuSign. “With Insight, we help customers understand the agreements they already have. With Analyzer, we can now help accelerate the review and negotiation of new, incoming agreements.”

Analyzer works by breaking down an incoming agreement into individual clauses, which it can recognize by type using a combination of AI technologies. It then conducts a detailed risk-assessment based on the organization’s own legal and business standards, delivering the results in easy-to-understand scorecards available within Microsoft Word, Microsoft Outlook, and DocuSign’s contract lifecycle management (CLM) solution. Analyzer also simplifies the editing process with single-click access to recommended replacement language from an intelligent library of pre-approved clauses.

In beta testing, companies reported saving thousands of dollars per agreement using DocuSign Analyzer—which, when considered over the tens of thousands of contracts often executed annually, offers significant top and bottom line impact. There are additional benefits, too:

  • Speed & ROI: The risk analysis and information served up by Analyzer enables contract approval to be secured more efficiently, and for business to be done faster.
  • Reduced risk & enhanced compliance: Companies can be confident their agreements are optimized for their own business and legal standards.
  • Improved customer & partner experience: This smoother agreement process overall makes organizations easier to do business with.

Technology and legal services company UnitedLex has seen the value Analyzer brings to legal teams firsthand. According to EVP of Corporate & Commercial Services Dan Hendy, DocuSign Analyzer is helping with smarter execution and more cost-effective outcomes in its own contracting process.

“As a major collaborator on the industry’s largest deployment of AI within pre-signature commercial contracting, we’re leveraging Analyzer across a team of 250+ global transactional attorneys,” explains Hendy. “We’re seeing the impact that integrated AI tools can deliver: reducing human review time and ensuring consistency of response, all while mitigating risk. This optimizes the contract negotiation process and means legal departments can deliver an even better service to their business.”

DocuSign Analyzer is available immediately in the US, UK, Canada and Germany as an extension to DocuSign Insight—and bundled pricing with DocuSign CLM will be available later this year. For more information, please visit www.docusign.com.

*The State of Systems of Agreement—a commissioned study conducted by Forrester Consulting on behalf of DocuSign, Jan 2020

**State of Contract Management Report, 2019 

Media Relations
Adrian Wainwright
Head of Communications
media@docusign.com 

Investor Relations
Annie Leschin
VP Investor Relations
investors@docusign.com 

About DocuSign

DocuSign helps organizations connect and automate how they prepare, sign, act on, and manage agreements. As part of the DocuSign Agreement Cloud, DocuSign offers eSignature: the world’s #1 way to sign electronically on practically any device, from almost anywhere, at any time. Today, nearly 750,000 customers and hundreds of millions of users in over 180 countries use DocuSign to accelerate the process of doing business and to simplify life.

For more information, visit www.docusign.com, call +1-877-720-2040, or follow @DocuSign on Twitter, LinkedIn and Facebook.

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SOURCE DocuSign, Inc.

Sensor Fusion Market Size Worth USD 16.72 Billion by 2027 | CAGR of 19.6%: Emergen Research

VANCOUVER, B.C., Sept. 30, 2020 /PRNewswire/ — The Global Sensor Fusion Market is anticipated to reach USD 16.72 Billion by 2027, according to a new report by Emergen Research. The Sensor Fusion market is forecast to grow significantly due to the growing demand for smart wearable gadgets and high-end applications for location detection.

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The rising use of sensor fusion in advanced automobiles like gasoline direct injections, vehicle stability, low emission engine, dynamic vehicle controls, rapid implementation of IoT technology, and expansion of self-driven or driverless cars is expected to fuel the market growth in the coming years.

Growing demand for various end-use applications, such as automotive, home automation, industrial and military, consumer electronics, and healthcare, among others, has significantly boosted the global market demand for sensor fusion.

Factors hindering the growth of the sensor fusion market are the rising complexity of sensor fusion algorithms requiring software overhead, additional processing capabilities, and technical standardization.

Request free sample of this research report at: https://www.emergenresearch.com/request-sample/130

Key Highlights From The Report

  • Radar and image sensors are anticipated to grow at a significant CAGR of 19.8% in the forecasted timeframe. In several industries, excellent features like high accuracy and integrating multiple images into a single combo image radar drives the demand for the product.
  • Micro-Electro-Mechanical technology-based solutions are anticipated to experience the highest growth rate through the forecast timeframe owing to the growing demand for image and radar-based products in vehicle safety systems.
  • Due to the price, combined functionality, low power consumption, communication protocol, and flexibility with manufacturer products, the 6-Axis built-in sensor fusion dominates the market. Furthermore, due to applications in virtual reality and augmented reality games, robotics and autonomous vehicles, and attitude alignment, the 9-Axis segment has also witnessed an increased demand.
  • The consumer electronics industry holds a significant share of the market through the forecast period. The home automation segment is projected to hold a substantial growth rate through the forecast period as sensor fusion is widely used for monitoring and controlling purposes in home automation applications using the various sensor. The substantial rising demand for home automation devices worldwide is expected to increase the global sensor fusion market.
  • Asia Pacific region is anticipated to dominate the global sensor fusion market due to the rising demand for consumer electronics products and continually increasing demand for smart wearable due to the increasing number of tech-savvy people in emerging economies like China, Japan, and India. The Middle East and Africa region will experience sluggish growth due to the lack of advanced technology adoption by the population.
  • The leading players in the market include Robert Bosch GmbH, Hillcrest Labs, Microchip Technologies Inc., Cummins, Inc., Kionix Inc., Renesas Electronics Corporation, MEMSIC Inc., Asahi Kasei Microdevices Corporation, STMicroelectronics, and BASELABS GmbH, among others.

 To get leading market solutions, visit the link below:

 https://www.emergenresearch.com/industry-report/sensor-fusion-market

Emergen Research has segmented the global sensor fusion market based on type, technology, application, axis, end-use industry, and region:

Type Outlook (Revenue, USD Billion; 2017-2027)

  • Radar and Image Sensors
  • Temperature Sensors and Pressure Sensors
  • IMU and GPS
  • Inertial Combo Sensors
  • Others

Technology Outlook (Revenue, USD Billion; 2017-2027)

  • Micro-Electro-Mechanical Systems
  • Non-Micro-Electro-Mechanical Systems

Application Outlook (Revenue, USD Billion; 2017-2027)

  • Smart Phones
  • TV Remote
  • PCs/Tablet
  • Video Games
  • Camera
  • Wearable Devices
  • Others

Axis Outlook (Revenue, USD Billion; 2017-2027)

  • 9-Axis
  • 6-Axis
  • 3-Axis

End-Use Industry Outlook (Revenue, USD Billion; 2017-2027)

  • Healthcare
  • Automotive
  • Home Automation
  • Consumer Electronics
  • Others

Regional Outlook (Revenue, USD Billion; 2017-2027)

  • North America
  1. U.S.
  2. Canada
  • Europe
  1. Germany
  2. U.K.
  3. France
  4. Rest of Europe
  • Asia Pacific
  1. China
  2. Japan
  3. South Korea
  4. India
  5. Rest of APAC
  • Latin America
  1. Brazil
  2. Rest of LATAM
  • Middle East & Africa
  1. Saudi Arabia
  2. UAE
  3. Rest of MEA

Find more similar research insights by Emergen Research:

Advanced Metering Infrastructure Market By Type (Smart Gas Meter, Smart Electric Meter, Smart Water Meter), By Services (Meter Deployment, System Integration, Program Management, and Consulting), By Solution, By End-Use, By Region Forecasts to 2027

Intelligent Lighting Control Market By Product (Sensors, Ballads & LED Drivers, Microcontrollers, Dimmers & Switch Actuators, Transmitters & Receivers), By Applications (Smart Cities, Automotive, Manufacturing, Media & Entertainment, Others), By Connectivity (Wired, Wireless) and By Regions Forecasts to 2027

Ultraviolet LED Market By Technology (UV – A, UV – B, UV – C), By Applications (Optical Sensors and Instrumentation, Counterfeit Detection, UV Sterilization, Medical Light Therapy, UV Caring), By End User (Industrial, Residential) and By Regions Forecasts to 2027

Silicon Photonics Market By Product, By Component (Photodetector, Modulator, Laser, Waveguide, Filter), By End-Use (Consumer Electronics, Healthcare, Telecommunication & IT, Defense, Others), By Region Forecasts to 2027

3D Printing Materials Market By Form (Powder, Filament, Liquid), By Product Type (Plastic, Metal, Ceramic), By End Users (Consumer electronics, Automotive, Medical, Industrial), By Application (Manufacturing, Prototyping), By Technology (FDM, SLS, SLA, DMLS) and Regions Forecasts to 2027

Wireless Audio Devices Market By Product (Wireless Headsets & Microphones, Sound Bars, Speaker systems), By Technology (Wi-Fi, Bluetooth, Airplay), By Application (Automotive, Consumer, Commercial), Forecasts to 2027

About Emergen Research 

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

With market-leading insights and an in-depth understanding of leading and niche technologies, our solutions address the most pertinent questions for your business needs. A major technological shift has been witnessed towards creating a ‘Circular Economy,’ fuelled by factors, such as the increased adoption of bio-based materials, along with other methods for achieving carbon neutrality. We are conversant in technologies, viz., Artificial Intelligence (AI), Augmented Reality (AR), Virtual Reality (VR), Robotic Process Automation (RPA), Smart Manufacturing, Internet of Things (IoT), Big Data Analytics, Machine learning, Nanotechnology, Edge Computing, Blockchain Technology, Cloud Computing, Vehicle Electrification, Advanced Maintenance Analytics, and Predictive Maintenance, among other prevalent and emergent technologies.

Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: https://www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Read full Press Release at : https://www.emergenresearch.com/press-release/global-sensor-fusion-market

 

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SOURCE Emergen Research

L7 Defense Awarded the 2020 Global Product Leadership Award for Its Fully Autonomous AI-based API Security Solution

JERSEY CITY, N.J., Sept. 30, 2020 /PRNewswire/ — L7 Defense, a pioneering developer of APIs and applications protection solutions utilizing its artificial intelligence (AI) and unsupervised learning technology, announced today that its Ammune™ API protection solution earned the 2020 prestigious Product Leadership Award by Frost and Sullivan.

As the main communication means between systems and applications today, APIs are a major driver of the digital transformation and are the facilitating engine behind the accelerating agility, flexibility, and interconnection evolution required to sustain it. However, APIs can be abused in many ways that render traditional security solutions obsolete.

Ammune’s unique, real-time unsupervised learning technology identifies and eliminates attacks in real time, preventing API misuse and availability threats that can have a severe operational impact and cause significant disruptions and revenues loss.

“We’re very pleased and honored to be recognized by Frost and Sullivan for our technological vision and accomplishments,” said Doron Chema, L7 Defense’s CEO. “This award, following the previous New Product Innovation Award by Frost and Sullivan from 2018, further validates our technological vision in protecting APIs and applications from advanced AI-driven cyber-attacks today.”

“It’s both a privilege and a great responsibility to be able to protect our customers’ organizations from the accelerating barrage of advanced API attacks, which are the cause of so many recent major security breaches,” he concluded.

“Frost & Sullivan considers L7 Defense’s Ammune to be the emerging new standard against which API and application protection solutions should be measured,” said Chen Yaker, Consulting Analyst at Frost and Sullivan. “We consider very high precision, protection speed, operational autonomy, and continuous learning capabilities, such as those demonstrated by L7 Defense, to be the critical pillars guiding cybersecurity defense developments in the foreseeable future.”  

About L7 Defense

L7 Defense helps organizations protect their infrastructure, applications, customers, employees, and partners against the growing risk of API-borne attacks.

APIs have become critical for data sharing and applications integration – as well as an attractive path for malicious attacks that expose organizations to new, continuously evolving threats.

With a team of experienced leaders and innovators, L7 Defense revolutionizes the way organizations protect their APIs from attacks and exposure using disruptive, AI-based technology.

For more information about L7 Defense and its products, visit: www.L7Defense.com

Contact:
Yisrael Gross
+1-516-373-0684
Yisrael@L7Defense.com

 

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SOURCE L7 Defence

TRUCE Software Partners with Terminix to Showcase the Role of Employers in Reducing Distracted Driving

LISLE, Ill., Sept. 30, 2020 /PRNewswire/ — TRUCE Software, the global leader in contextual mobile device management technology, announces it is partnering with Terminix, one of the largest pest management companies in the world, to promote the role of employers in helping to reduce the risk of distracted driving. The campaign is being led by TRUCE Software as part of its title sponsorship of Distracted Driving Awareness Month, a month-long initiative established by the National Safety Council (NSC) to help make roadways safer and emphasize safe driving behavior for both commercial and non-commercial drivers.

“TRUCE Software is committed to taking a stand against inattentive driving and raising awareness of the tremendous toll it often takes on the individual, their family, and their community,” said TRUCE Software CEO, Joe Boyle. “With so much traffic on the road comprised of people who either drive for a living, or are driving to and from jobs or worksites, it’s imperative that employers take a more proactive role in the elimination of driving-related incidents and liabilities. By supporting the National Safety Council through our sponsorship of Distracted Driving Awareness Month, we’re reinforcing the role technology can play in helping those employers to change behaviors and reduce the risk of distracted driving by their own employees.”

“The biggest risk most people take each day is driving, and distracted driving is one of the main causes of accidents today,” comments Ken Bowman, vice president, operational excellence at Terminix. “As a company that values safety and with more than 8,000 of our own teammates on the road each day, we believe employers can play a critical role in making the roads safer for everyone.”

“More than 700 people are injured in distracted driving crashes every day,” said Lorraine M. Martin, president and CEO of the National Safety Council. “Our partnership with TRUCE reinforces the need to raise awareness among employers of the dangers associated with distracted driving related to improper use of mobile devices – as it not only protects their drivers, but the communities that their businesses serve.”

TRUCE’s patented Contextual Mobile Device Management (CMDM) platform uses artificial intelligence to impose temporary limitations on mobile devices in context with changing situations. The software resides on each employee’s device and automatically enforces the employer’s mobile device usage policies in predetermined situations, such as driving a vehicle, eliminating the potential for mobile device distraction. Best of all, when the employee isn’t driving, their mobile device returns to normal operation.

“We’ve had a ‘No Phone’ policy in place for several years now, but with the addition of TRUCE we’ve been able to successfully enforce that policy and reduce rear-end collisions – a symptom of distracted driving – by nearly 15%. We’re proud of our progress and strive to continue leading the way to eliminate distracted driving,” said Bowman.

The 10th annual Distracted Driving Awareness Month launches October 1 and runs through the end of the month. The promotional effort from TRUCE and Terminix will include a video testimonial featuring Terminix teammates discussing the challenges of mobile device distraction behind the wheel, and the impact of TRUCE in changing their behaviors. Over the next 30 days, TRUCE will continue to roll out additional content elements for the campaign via social and traditional media.

To learn more about Distracted Driving Awareness Month visit, https://www.nsc.org/road-safety/get-involved/distracted-driving-awareness-month.

To learn more about the TRUCE solution and the company’s involvement in Distracted Driving Awareness Month visit, https://trucesoftware.com/distracted-driving-awareness-month.

About TRUCE Software 
At TRUCE Software, we believe there’s a better way to leverage all a mobile device has to offer in the workplace, while still protecting what’s most important – your employees, your assets and your IP. TRUCE offers the first Mobile Device Management platform to provide flexible, contextual enforcement of your mobile device policy, allowing companies to temporarily suspend distracting mobile apps based on the work being performed, the work location or even the user or work group. Our patented technology operates on both iOS and Android platforms, supporting more than 115,000 subscribers and some of the largest brands worldwide. Established in 2009, TRUCE Software is headquartered in Lisle, Ill. with research and development in Baton Rouge, La. To learn more go to, www.trucesoftware.com.

About Terminix
Terminix is a leading provider of residential and commercial pest control. The Company provides pest management services and protection against termites, mosquitoes, rodents, and other pests. Headquartered in Memphis, Tenn., with more than 10,500 teammates and 2.8 million customers in 24 countries and territories, the Company visits more than 50,000 homes and business every day. To learn more about Terminix visit, Terminix.com or LinkedIn.com/company/terminix.

Public Relations Contact: 
Bryan Spevak
Vice President
anthonyBarnum Public Relations
Office: 512-387-3703
bryan.spevak@anthonybarnum.com

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SOURCE TRUCE Software

Silicon Photonics Market Size Worth USD 4.62 Billion by 2027 | CAGR of 22.7%: Emergen Research

 

VANCOUVER, B.C., Sept. 30, 2020 /PRNewswire/ — The Global Silicon Photonic Market is expected to reach USD 4.62 Billion by 2027, according to a new report by Emergen Research. The rapid growth in the usage of smartphones and internet services has led to the increased use of silicon photonics transceivers for telecommunications applications and is anticipated to fuel demand for the silicon photonics market. The government’s influence on the population to shift towards e-banking and internet-based money banking is also expected to drive the silicon photonics market.

Emergen Research Logo

Moreover, characteristics such as low environmental impact, high interconnectivity capacity, low operating costs, low failure rate, and spectral performance are expected to propel the silicon photonics market demand.

The introduction of 5G technology and growing demand for bandwidth will provide an option for corporations to expand their R&D initiatives in the photonics sector. In 5G connectivity, this modern system will help to channel a large volume of data traffic at a low cost and to transform the radio access network efficiently. With the acceptance of cloud services, there is an increased rate of data traffic, which has directed to a rise in the demand for data centers. The rising demand for high-speed data transmission in data centers is projected to boost the demand for silicon photonics.

However, the increasing risk of thermal effect, which may affect the performance of the systems, and the complexity of On-Chip Laser integration are expected to hinder the market growth in the forecast timeframe.

Request free sample of this research report at: https://www.emergenresearch.com/request-sample/136

Key Highlights From The Report

  • The Optical Cable segment is expected to dominate the market due to the capability of transmitting high data rates in the long-range. The transceivers segment is anticipated to experience steady growth due to its high integration capability, which allows high-speed data transmission, as well as the capability to consume low power.
  • The laser segment is expected to dominate the market with a significant share of 33.7% over the forecast timeframe due to the increasing development of tunable lasers and hybrid silicon. The waveguide segment is projected to grow substantially owing to the wide applications of this component in the telecommunication sector.
  • The telecommunication industry is anticipated to witness the highest market growth rate through the forecast period due to the implementation of 5G technologies to deliver higher bandwidth and high-speed data transfer. As a result of developments in remote diagnostics and remote surgery in the medical and healthcare industries, the demand for silicon photonics is expected to expand in the healthcare industry.
  • North America has the largest market for multiplexer wavelength filters, and silicon optical modulators, become a lucrative destination for businesses to start the silicon photonics market due to government encouragement. The Asia Pacific is expected to grow significantly due to an increasing population, urbanization, and rising demand for data transmission.
  • Key participants include IBM Corporation, Cisco Systems Inc., AIO Core Co. Ltd, Intel Corporation, Infinera Corporation, Mellanox Technologies Ltd, IPG Photonics Corporation, NKT Photonics, STMicroelectronics NV, and Hamamatsu Photonics K.K., among others.

To get leading market solutions, visit the link below:
https://www.emergenresearch.com/industry-report/silicon-photonics-market

Emergen Research has segmented the Global Silicon Photonics Market on the basis of product, component, end-use, and region:

Product Outlook (Revenue, USD Billion; 2017-2027)

  • Sensors
  • Switches
  • Transceivers
  • Optical Attenuators
  • Optical Cable

Component Outlook (Revenue, USD Billion; 2017-2027)

  • Photodetector
  • Modulator
  • Laser
  • Waveguides
  • Filter

End-Use Outlook (Revenue, USD Billion; 2017-2027)

  • Consumer Electronics
  • Healthcare
  • Telecommunication & IT
  • Defense
  • Others

Regional Outlook (Revenue, USD Billion; 2017-2027)

  • North America
    1. U.S.
    2. Canada
  • Europe
    1. Germany
    2. U.K.
    3. France
    4. Rest of Europe
  • Asia Pacific
    1. China
    2. Japan
    3. South Korea
    4. Rest of APAC
  • Latin America
    1. Brazil
    2. Rest of LATAM
  • Middle East & Africa
    1. Saudi Arabia
    2. UAE
    3. Rest of MEA

Find more similar research insights by Emergen Research:

Advanced Metering Infrastructure Market By Type (Smart Gas Meter, Smart Electric Meter, Smart Water Meter), By Services (Meter Deployment, System Integration, Program Management, and Consulting), By Solution, By End-Use, By Region Forecasts to 2027

Intelligent Lighting Control Market By Product (Sensors, Ballads & LED Drivers, Microcontrollers, Dimmers & Switch Actuators, Transmitters & Receivers), By Applications (Smart Cities, Automotive, Manufacturing, Media & Entertainment, Others), By Connectivity (Wired, Wireless) and By Regions Forecasts to 2027

Ultraviolet LED Market By Technology (UV – A, UV – B, UV – C), By Applications (Optical Sensors and Instrumentation, Counterfeit Detection, UV Sterilization, Medical Light Therapy, UV Caring), By End User (Industrial, Residential) and By Regions Forecasts to 2027

Sensor Fusion Market By Type, By Technology (Micro-Electro-Mechanical Systems, Non-Micro-Electro-Mechanical Systems), By Application (Smart Phones, TV Remote, PCs/Tablet, Video Games, Camera, and Others), By Axis, By End-Use Industry, By Region Forecasts to 2027

3D Printing Materials Market By Form (Powder, Filament, Liquid), By Product Type (Plastic, Metal, Ceramic), By End Users (Consumer electronics, Automotive, Medical, Industrial), By Application (Manufacturing, Prototyping), By Technology (FDM, SLS, SLA, DMLS) and Regions Forecasts to 2027

Wireless Audio Devices Market By Product (Wireless Headsets & Microphones, Sound Bars, Speaker systems), By Technology (Wi-Fi, Bluetooth, Airplay), By Application (Automotive, Consumer, Commercial), Forecasts to 2027

About Emergen Research 

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

With market-leading insights and an in-depth understanding of leading and niche technologies, our solutions address the most pertinent questions for your business needs. A major technological shift has been witnessed towards creating a ‘Circular Economy,’ fuelled by factors, such as the increased adoption of bio-based materials, along with other methods for achieving carbon neutrality. We are conversant in technologies, viz., Artificial Intelligence (AI), Augmented Reality (AR), Virtual Reality (VR), Robotic Process Automation (RPA), Smart Manufacturing, Internet of Things (IoT), Big Data Analytics, Machine learning, Nanotechnology, Edge Computing, Blockchain Technology, Cloud Computing, Vehicle Electrification, Advanced Maintenance Analytics, and Predictive Maintenance, among other prevalent and emergent technologies.

Contact Us: 
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: https://www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com

Read full Press Release at : https://www.emergenresearch.com/press-release/global-silicon-photonics-market

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SOURCE Emergen Research

Frost & Sullivan Honors Callsign with the 2020 Global Technology Innovation Leadership Award for Setting the Industry Standard in Identity Authentication

Callsign’s Intelligence-driven Authentication platform is recognized for pushing the boundaries of digital identity and behavioral analytics

LONDON, Sept. 30, 2020 /PRNewswire/ — Based on its recent market-wide analysis of the global advanced identity authentication market, Frost & Sullivan recognizes Callsign, Inc. with the 2020 Global Technology Innovation Leadership Award for its Intelligence Driven Authentication platform. Callsign focuses on identity fraud prevention and data authentication, combined with its innovative approach to delivering a frictionless user experience through behavioral analytics. This integration makes Callsign ideally positioned to capitalize on the accelerated digital transformation taking place today.

Powered by artificial intelligence and machine learning, Callsign’s platform is an authentication gamechanger, solving three key problems often associated with existing solutions: poor user experience, cost, and security. Callsign not only sets a new benchmark in usability—making digital transacting as seamless as possible—but it is advancing identification to an easy, highly personalized user journey while reducing the risk of fraud.

By combining multi-factor authentication and fraud analytics powered by deep learning technology, Callsign’s flagship platform can collect thousands of data points, including behavioral, device, and location; correlating identity traits and threat analysis information (e.g., malware). Data analysis occurs in real time using advanced machine learning and intelligence models to deliver a confidence score that verifies that the user is who they say they are when making a transaction. Key detection elements include:

  • Device detection to leverage device fingerprinting for cross-browser tracking and device identification.
  • Location detection to deliver geolocation services and location clustering for virtual private networks, proxies, and anonymity networks.
  • Behavioral detection to recognize the user’s current behavior against past activities, including key behavioral capabilities (e.g., keystrokes, mobile swipe, mouse, and touch dynamics and credential input analysis).

Callsign’s Authentication platform works from the first interaction, gaining more intelligence with every subsequent interaction to build a unique identity profile for every user.

“Not only does Callsign’s platform give the end user more authority during the authentication process. It offers additional security through data from its mobile operator partners, to counter complex fraud such as SIM swap, call divert, and social engineering attacks,” said Aravind Srimoolanthan, Senior Research Analyst at Frost & Sullivan. “With Callsign, authentication steps decrease by 90%, minimizing financial costs by 70% due to fewer end-user drops offs. Overall, Callsign helps enterprises reduce fraud by up to 83% and can amend policies based on compliance, fraud risk, or user experience in real-time, without the need for specialist coding expertise.”

While capable of addressing the needs of several diverse organizations such as governments, consultancy firms, telecommunications and retail, Callsign has experienced hyper growth and considerable traction in the banking sector, where it now facilitates and manages the majority of authentication traffic cross the United Kingdom. Callsign works with some of the region’s largest banks to help improve fraud prevention and digital authentication practices and meet key compliance in an increasingly stringent regulatory landscape.

“Callsign is also ISO 27001 compliant, which underscores its superior security standards and commitment to providing customers the highest level of information security management to ensure data is secure,” added Srimoolanthan.

Each year, Frost & Sullivan presents this award to the company that develops a product with innovative features and functionality that is gaining rapid acceptance in the market. The award recognizes the quality of the solution and the customer value enhancements it enables.

Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

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

Contact:

Harley Gadomski
P: 12104778469
E: harley.gadomski@frost.com

About Callsign, Inc.

London-based Callsign is pioneering the global network for identification. We solve challenges that organizations face in getting their users on to and interacting with their digital platforms easily and securely. We provide solutions to some of the world’s largest banks and offer “bank-grade” identification to public and private sector clients of all sizes. Callsign’s Intelligence Driven Authentication recognizes users by combining deep learning insights with personalized and contextual customer journeys. As a result, users can get on with their digital lives whilst businesses improve customer engagement, increase productivity, and reducing the risk of fraud.

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SOURCE Frost & Sullivan

Innowatts Outperforms in Load Forecasting Trial

HOUSTON, Sept. 30, 2020 /PRNewswire/ — Innowatts, a leading energy SaaS platform that utilizes best-in-class artificial intelligence, today announced that it has outperformed five other energy forecasters on most measures in an independent trial

The Electric Power Research Institute (EPRI), an independent, non-profit energy research group, tested nine short-term, building-level energy forecasting models from six vendors against real-world data collected across 12 months, from June 2019 to June 2020. Participants were tasked with generating hour-ahead, six-hour-ahead, day-ahead, and four-day-ahead building-level forecasts, based on hourly and historical load data, as well as site-specific information such as building size and type, location details, and electricity rate plans.

Innowatts’ three models outperformed the other six models, as well as a benchmark forecast that assumed energy use would simply hold steady from one hour to the next, with the lowest error across the full range of forecasting scenarios once missing uploads were excluded from error calculations. The forecasts were tested across three metrics (all hours, variable hours, and peak hours) and four horizons (hour ahead, six hours ahead, day ahead, and four days ahead).

During March and April 2020, businesses experienced unprecedented shifts in energy consumption due to nationwide “shelter-in-place” orders. During this period, the trial evaluated the load forecasts of 12 models over six commercial sites, and two of Innowatts’ models had the lowest error for all forecast horizons. All three of Innowatts models posted single-digit percentage error rates in all but three of the 24 test conditions, outperforming competitors’ models.

“These results provide further evidence of the strength of Innowatts’ AI-powered load forecasting models, which are continuously optimized based on usage data from more than 40 million meters from around the world,” says Innowatts CEO Siddhartha Sachdeva. “Accurate forecasting is essential for energy providers, and this trial demonstrates that AI-powered, meter-level data intelligence consistently delivers best-in-class predictions regardless of changes in weather or conditions.”

About Innowatts:
Innowatts is a leading energy SaaS platform that utilizes best-in-class artificial intelligence to help electricity providers unlock grid edge opportunities, increase customer value, and accelerate the transition to sustainable energy solutions. The Innowatts platform harnesses insights from more than 40 million meters, delivering real-time, customer-centric energy analytics with unprecedented accuracy. With clients and operations across the Americas, Europe, and Asia, Innowatts is a global leader, enabling energy providers to become truly customer-focused and fully leverage the power of data to transform their businesses. For more information, please visit www.innowatts.com.    

Media Contact:
David Wamsley
415-259-9104
dave@rosebudpr.io

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SOURCE Innowatts LLC

Canadian Solar Raises $260 Million for Its Module and System Solutions Subsidiary in Preparation for the Carve-Out IPO

GUELPH, ON, Sept. 30, 2020 /PRNewswire/ — Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), announced today that the Company has agreed to a RMB 1.78 billion (approximately US$260 million at current exchange rates) capital raising for its Module and System Solutions (“MSS”) subsidiary, CSI Solar Co., Ltd. (“CSI Solar”). This capital raising is an important step for CSI Solar to qualify for the planned carve-out IPO in China, and brings in leading institutional investors and strategic partners (the “Third-Party Investors”), including CDH Investment Management Company Limited and SIP Oriza PE Fund Management Co., LTD, among others.

The Third-Party Investors have agreed to purchase existing CSI Solar shares from the Company for an aggregate of RMB 1.50 billion (US$219 million) at an equity valuation of RMB 7.50 billion (US$1.1 billion). At the same time, a number of Canadian Solar employees (“CSIQ Employees”) will also purchase existing CSI Solar shares from the Company for an aggregate of RMB 31 million (US$4.5 million) at the same valuation.

In addition, eligible CSI Solar employees and board members have collectively agreed to subscribe to newly issued CSI Solar shares via platforms set up in accordance with CSI Solar’s employee stock ownership plan (the “ESOP”) for an aggregate of RMB 248 million (US$36 million) at a valuation discount of 30%, or RMB 5.25 billion (US$768 million).  

Immediately after closing, Canadian Solar, the Third-Party Investors, CSIQ Employees and ESOP platforms will respectively own 74.9%, 20.0%, 0.4% and 4.7% of CSI Solar. The Company’s wholly owned global project development business, its Energy subsidiary, is not part of this transaction or future planned carve-out IPO of the MSS business.

Dr. Shawn Qu, Chairman and CEO of the Company, commented, “The successful completion of this fundraising, which we believe fairly values our MSS business, marks an important milestone for Canadian Solar and takes us one step closer towards the planned listing of our MSS business, or CSI Solar, in China. It will also give us the capital to immediately expand our manufacturing capacity with the most advanced manufacturing technologies available to support our targeted 18GW to 20GW in shipments for 2021. We believe this strategy will allow us to expand our market share, sustain and enhance our future pricing power and maintain better control over our manufacturing costs. We are thankful for the strong support from our new investors and partners and look forward to continuing to create sustainable value for our shareholders.” 

Following the closing of this transaction, Canadian Solar will actively prepare for the planned listing pursuant to relevant laws and regulations in China. Meanwhile, the Company remains fully committed to its shareholders and NASDAQ listing and will remain the majority and controlling shareholder of CSI Solar after its planned IPO in China.

About CDH Investment Management Company Limited

Established in 2002, CDH is one of the leading alternative investment fund managers focused on China with over US$21 billion of assets under management, as of December 31, 2019. Over the past 18 years, CDH has expanded to become a diversified alternative asset management platform covering private equity, real assets, venture and growth capital, mezzanine and credit finance, public equities and wealth management. CDH has more than 150 investment professionals working in offices in Hong Kong, Singapore, Beijing, Shanghai and Shenzhen. CDH has invested in more than 200 companies and has helped more than 70 companies successfully list on international and China’s stock exchanges. CDH strives to become one of the most respected alternative asset management platforms in Asia.

About SIP Oriza PE Fund Management Co., LTD

Oriza PE is a private equity investment company and the market-oriented investment platform of Oriza Holdings, a leading investment company founded in 2001 with over RMB 80 billion in assets under management. Oriza PE’s investment strategy is based on integrating capital and industrial resources to achieve attractive returns to its investors and deliver strategic value to its portfolio companies. Oriza PE specializes in investing in hi-tech firms in the manufacturing and consumer sectors, with a focus on artificial intelligence, big data, cloud computing and the Internet of Things. Over the years, Oriza PE has successfully invested in over 50 companies and helped nearly 20 companies list on public stock exchanges.

About Canadian Solar Inc.

Canadian Solar was founded in 2001 in Canada and is one of the world’s largest solar power companies. It is a leading manufacturer of solar photovoltaic modules and provider of solar energy solutions and has a geographically diversified pipeline of utility-scale solar power projects in various stages of development. Over the past 19 years, Canadian Solar has successfully delivered over 46 GW of premium-quality, solar photovoltaic modules to customers in over 150 countries. Canadian Solar is one of the most bankable companies in the solar industry, having been publicly listed on NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.

Safe Harbor/Forward-Looking Statements

Certain statements in this press release are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the “Safe Harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as “believes,” “expects,” “anticipates,” “intends,” “estimates,” the negative of these terms, or other comparable terminology. Factors that could cause actual results to differ include general business and economic conditions and the state of the solar industry; governmental support for the deployment of solar power; future available supplies of high-purity silicon; demand for end-use products by consumers and inventory levels of such products in the supply chain; changes in demand from significant customers; changes in demand from major markets such as Japan, the U.S., India and China; changes in customer order patterns; changes in product mix; capacity utilization; level of competition; pricing pressure and declines in average selling prices; delays in new product introduction; delays in utility-scale project approval process; delays in utility-scale project construction; delays in the completion of project sales; delays in the process of qualifying to list the MSS subsidiary in the PRC; continued success in technological innovations and delivery of products with the features customers demand; shortage in supply of materials or capacity requirements; availability of financing; exchange rate fluctuations; litigation and other risks as described in the Company’s SEC filings, including its annual report on Form 20-F filed on April 28, 2020. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. Investors should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today’s date, unless otherwise stated, and Canadian Solar undertakes no duty to update such information, except as required under applicable law.

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SOURCE Canadian Solar Inc.

The Save Mart Companies is First U.S. Grocer to Launch Contactless Robotic Grocery Delivery Service with Starship Technologies

MODESTO, Calif., Sept. 30, 2020 /PRNewswire/ — The Save Mart Companies today has announced the launch of an on-demand grocery delivery service to its customers at the Save Mart flagship store in Modesto in partnership with leading robot delivery company Starship Technologies.  The Save Mart Companies is the first grocer in the U.S. to partner with Starship Technologies. The debut of the advanced contactless delivery service embraces the flagship store’s role as an innovation lab and precedes the one-year anniversary of the store’s celebrated opening in October 2019. Based in San Francisco and a leader in the field, Starship Technologies recently passed the 500,000 autonomous deliveries milestone. Based in San Francisco and a leader in the field, Starship Technologies recently passed the 500,000 autonomous deliveries milestone.

“We continually seek new ways to serve our communities and offer solutions for efficient, safe and healthy grocery shopping,” said Robert Cady, senior director of marketing strategy and analytics for The Save Mart Companies. “Through our partnership with Starship Technologies, Save Mart is pleased once again to lead the way in customer service and innovation.”

“With the onset of the pandemic, our service became increasingly important to thousands of residents in communities across the U.S.,” said Ryan Tuohy, SVP Business Development at Starship Technologies. “Save Mart is a loved brand that has deep ties to its local communities, which is why we’re especially excited about this partnership. Working together with The Save Mart Companies, we are able to provide a safe, convenient and well-priced delivery option for tens of thousands of residents.”

The robots, each of which can carry up to 20 pounds of groceries – the equivalent of about three shopping bags – and can travel up to four miles roundtrip, provide a safe, low-cost and contactless delivery alternative for Save Mart shoppers, allowing them to order from thousands of items via the Starship app platform for on-demand delivery straight to their home.

Starship Technologies operates commercially on a daily basis around the world. Its robots have completed over 500,000 autonomous deliveries and crossed more than five million streets. The robots move at pedestrian speed and use a combination of sophisticated machine learning, artificial intelligence and sensors to travel on sidewalks and navigate around obstacles. The computer vision-based navigation helps the robots to map their environment to the nearest inch. The robots can cross streets, climb curbs, travel at night and operate in both rain and snow. A team of humans can also monitor their progress remotely and can take control at a moment’s notice.

For high-res images and video footage, please visit the link here.

About Save Mart
With a storied legacy of agricultural expertise in the heart of the Central Valley, Save Mart is “Valley Proud” and benefits from longstanding partnerships with local producers and purveyors who help ensure all 83 stores are stocked with fresh, competitively priced products every day. Save Mart is a banner under The Save Mart Companies (TSMC) that operates 206 stores throughout California and Northern Nevada. Additional store banners include, Lucky, Lucky California, FoodMaxx and Maxx Value Foods. In addition to its retail operation, TSMC also operates Smart Refrigerated Transport and is a partner in Super Store Industries (SSI), which owns and operates a distribution center in Lathrop and the Sunnyside Farms dairy processing plant in Turlock. For more information on The Company and Save Mart stores, please visit: www.TheSaveMartCompanies.com and https://www.savemart.com/.

About Starship Technologies
Starship Technologies is revolutionizing deliveries with autonomous robots. The robots are designed to deliver food, groceries and packages locally in minutes. The delivery robots have traveled hundreds of thousands of miles and met millions of people across 100 cities around the world. They drive autonomously but are monitored by humans who can take control at any time. Starship was founded by two Skype co-founders, Ahti Heinla and Janus Friis. Former AirBnB executive Lex Bayer is CEO.

 TO KEEP UP TO DATE WITH STARSHIP TECHNOLOGIES RELATED NEWS, IMAGES AND VIDEO, SIGN UP AND DOWNLOAD AT: https://www.starship.xyz/press

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SOURCE The Save Mart Companies

Oracle Analytics – named Visionary Leader in augmented analytics for business transformation

PALO ALTO, Calif., Sept. 30, 2020 /PRNewswire-PRWeb/ — Organizations worldwide have been witnessing the accelerated convergence of automation, artificial intelligence, and IoT (Internet of Things) with edge analytics. Prediction and decision making tools have become smarter, augmented by cognitive analytics, and are ready for deployment from Top floor to shop floor. Work from home imperatives due to COVID has redefined the boundaries of offices due to which automation and the ability to process and deliver data and insights to remote workers securely is an immediate need. DataTerrain consultants are also observing that significant advances in edge computing have made strides towards addressing security concerns of CXOs in the new normal. Named as a “visionary” in Gartner’s 2020 magic quadrant for analytics and Business Intelligence, Oracle analytics is on its way to garnering >10% of the global market share.

Increasingly, CXOs have realized that there is enough technical and technological capability available to address their major business problems, and they can benefit from getting their organizations to embrace the possibilities. Therefore, it is no surprise that researchers expect the global Business Intelligence (BI) and analytics market to grow in double-digit percentages to cross $50 Billion by 2025, generating well over 3 million jobs. DataTerrain consultants have observed that Fortune 50 organizations rapidly innovating and accelerating their business transformation in the post-COVID era focus on use cases around BI reporting, self-service BI and business dashboards as their top priorities. CXOs looking for rich functionality and continuously evolving capabilities are increasingly turning to Oracle Analytics to address these needs.

Available on-premise or on the cloud, Oracle Analytics offers a comprehensive solution to enable organizational users to gain intelligent insights by asking any question of any data from various devices. DataTerrain subject matter experts have noted that individuals in an organization can collaborate and share insights with others across departments within the robust, built-in security and governance layer provided by Oracle. Oracle analytics users can set up robust reporting, ad-hoc query, and analysis, OLAP, scorecards, dashboards, visualization, and alerts with the rich end-user experience. Cost optimization is enabled by the service-oriented architecture of Oracle and its ability to integrate with existing IT infrastructure seamlessly.

Oracle Analytics is different due to its Automation, AI, and ML.

Major analyst firms and industry participants like Gartner and DataTerrain note that Oracle’s augmented analytics provides intelligent features leveraging AI and ML to accelerate payback on investments. Some of the significant features highlighted by them include –

  • AI/ML with an augmented engine for data preparation and management
  • Extensive suite of built-in features for business scenario modeling
  • Proactive and personalized insights using mobile analytics
  • Enterprise-level performance management and reporting
  • Self-service features supporting extensive data visualization

Five examples of the value derived by customers who implemented Oracle analytics are summarized below –

a) £ 1.5 Billion saved by UK’s National Health Service:- Through a multi-year rollout of Oracle Analytics, UK National Health Service (NHS) has made significant strides in reducing fraud, error, and waste within its system. This also improved the effectiveness of medications and treatment provided to the 53 million residents of the UK.

b) An iconic manufacturer of luxury cars and commercial vehicles strengthened AI and BI with human intelligence (HI) to in-depth mine data and predicted potential buyers of its higher-end models. This enabled targeted campaigns that resulted in better conversion rates to improve sales volumes.

c) An American Fortune 500 company that designs, manufactures, and sells data technology products, including storage devices, data center systems, and cloud storage services, eliminated data obsolescence and improved availability of data to its business decision-makers using Oracle Analytics. By reducing data load times from 15 hours to 3 hours, along with other improvements, operational reporting is now available near real-time and analytical reporting is available in 20 minutes.

d) A 130-year-old multinational construction company accelerated time to market for new construction projects by optimizing its global financing process. With the simplified and accelerated processes implemented applying analytics innovation across all areas of its business, better decisions are made regarding environmental factors and sustainability.

e) The largest Electric holding company in the US, operating six utilities across 47 states and Canada, integrates and manages data of over 10 million customers from different internal entities using Oracle Analytics. This has enabled it to provide omnichannel personalized experiences to residential, commercial, business, and industrial customers. With a comprehensive view of customer engagement across all touchpoints using web metrics, funnel metrics, and other analytics applications, decision making, and program management have significantly improved.

Enterprise architects and CIOs call out Oracle’s ease of deployment and ability to integrate with various business and ERP applications as significant factors contributing to successful rollouts. The DataTerrain team sees a strong inclination towards Oracle Analytics as the platform of choice amongst the CXO community. They make the best out of this market inflection point and disrupt their business models by investing in augmented analytics.

 

SOURCE Oracle Analytics