Press Releases

HerdX Advances the Future of Food Safety

WASHINGTON, Aug. 4, 2020 /PRNewswire/ — History shows us that when tragic events happen, new innovations and greater industry standards are birthed. The entire world facing this pandemic together is resulting in unified steps toward greater transparency in the food industry.

“My children will have the ability to know where their food comes from, and how it was raised,” Chief Business Development officer at HerdX, Lauren Jones, said. “Their everyday life will consist of making buying choices based off of the knowledge given to them by actual verified data, not just shiny marketing claims and polished sales pitches. My children will know blockchain tracking as a norm in the food industry.”

Blockchain tracking is proving to be the future of the food industry. The FDA recently released a statement that they will be looking “into new technologies that include, but are not limited to, artificial intelligence, the Internet of Things, sensor technologies, and blockchain.”

The points below are what the FDA says will be the core elements in the “New Era of Smarter Food Safety:”

  • Tech-enabled Traceability
  • Smarter Tools and Approaches for Prevention and Outbreak Response
  • New Business Models and Retail Modernization
  • Food Safety Culture

The pandemic has brought new pressures and restrictions forcing the restaurant and food supply chains to evolve. New technologies that fit the New Era guidelines are making their appearance.

On Wednesday, July 29, HerdX partnered with Fogo de Chão and UPS to showcase how blockchain technology can be utilized in a “to go” setting. During a one night only event, Washington DC locals along with food industry stakeholders, legislators and Embassy officials were able to order curbside pick-up meals that were traced by the HerdX blockchain system. They were able to see verified data of where their Picanha cuts originated, which was from Dean and Peeler Meatworks in South Texas. Representative Henry Cuellar was among those to participate in the showcase in support of cattle ranchers in his South Texas district. 

HerdX, an agri-tech and data company, created the first end-to-end solution from farm to table for beef and lamb products. Starting at the farm, the HerdViewsystem tracks animal movement providing insights and herd management tools for farmers. A select piece of that data is uploaded to the blockchain and travels through the entire supply chain where then the meat is presented to the customer at a restaurant or grocery store. The customer is able to scan a QR code on the menu to view verified health and provenance data of the meat they are eating.

If you would like more information visit www.herdx.com

 

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SOURCE HerdX Inc.

LivePerson Announces the Conversational Cloud™, an AI-powered Command Center for Brand-Consumer Conversations

NEW YORK, Aug. 4, 2020 /PRNewswire/ — LivePerson, Inc. (Nasdaq: LPSN), a global leader in Conversational AI, today announced its enterprise-grade Conversational Cloud, where hundreds of the world’s largest brands build and run AI-powered automations over popular messaging channels such as SMS, WhatsApp, Apple Business Chat, Facebook Messenger, Google RCS, LINE, WeChat, and native messaging on brand websites and mobile apps.

As the world’s most advanced AI-powered command center for brand-consumer interactions, the Conversational Cloud empowers brands to instantly respond to messages, answer questions, resolve customer intents, and route to human experts as needed. Conversational AI, which communicates like a human by recognizing speech, text, and intent, is at the heart of the Conversational Cloud and provides the personalized, high-touch experiences that consumers demand — all on the same messaging channels they love using every day with family and friends.

The Conversational Cloud’s Intent Manager lets brands instantly understand what consumers want, then take action to respond.
Every meaningful conversation starts with understanding. What do your customers want? What are their intentions? The Conversational Cloud’s Intent Manager, a real-time intent recognition and classification engine, analyzes consumer intentions at every turn of the conversation. Intent Manager is powered by LivePerson’s proprietary natural language understanding (NLU) capabilities and machine learning algorithms, which are grounded in 20+ years of conversational data and more than one billion messaging transcripts across a variety of industries.

Intent Manager is currently being used by top brands, including Chipotle Mexican Grill, to gain real-time insights and take action to improve customer service, marketing, and sales automations.

“Everything we have done on this end-to-end transformation journey has been about delivering exceptional digital experiences to our customers and our crews,” said Nicole West, VP Digital Strategy & Product at Chipotle. “We’re using the Conversational Cloud to curate convenient, frictionless, engaging experiences that are aligned with our purpose to Cultivate a Better World.”

Key benefits of Intent Manager include:

  • Automatically understands about 50% of consumer intents with preconfigured, out-of-the-box intent models customized for telco, financial services, retail, airlines, and other industries.
  • Enables data scientists, content creators, and even nontechnical employees like contact center agents to fine-tune or configure custom intents from an intuitive interface.
  • Empowers brands to make important policy, process, and product-related decisions.
  • Routes conversations to the agent or bot resource best equipped to resolve them at high satisfaction levels.

The Conversational Cloud’s Conversation Builder empowers even nontechnical users to automate conversations at scale.
Brands that use the Conversational Cloud can automate a high percentage of consumer interactions through LivePerson’s Conversation Builder, which empowers technical and nontechnical staff to build automated conversation flows with a simple point-and-click interface. For example, Chipotle’s new concierge bot Pepper seamlessly handles customer intents to take orders for delivery and pickup, share order status updates, and provide customer service as needed.

With Conversation Builder, a single automated conversation flow can be configured to run on any messaging channel. If the automation needs an assist, human agents are automatically tapped to seamlessly join the conversation.

“Unmanageable volumes of consumer interactions have been burying brands since the start of the pandemic. While many initially thought of these changes as temporary, they’re very much here to stay; in the U.S. alone, we’re on track to close over 25,000 brick and mortar stores,” said Robert LoCascio, founder and CEO of LivePerson. “Consumers still want personalized experiences, and the only way brands can scale these is through Conversational AI. It’s clear that having an AI and automation strategy went from ‘business improvement’ to ‘vital for operations’ overnight.”

Data from the Conversational Cloud demonstrates the rapid growth of automation on the platform:

  • The volume of automation-powered messaging conversations is up 100% from the end of 2019.
  • Over the same time period, the volume of messaging conversations fully contained by automation (completed with no human agent needed) has tripled.
  • Automation now plays a role in approximately 70% of all messaging conversations on the platform.

The Conversational Cloud is built for the builders.
With over 40 APIs & SDKs, the Conversational Cloud gives developers full control to customize conversational experiences. Brands can easily integrate third-party applications, build new AI-powered applications and automations, create workflows, and read/write data to any system.

“We kept developers top of mind as we built the Conversational Cloud because we knew they’d be the key to unlocking its true power,” said Jennifer Kline Shernoff, Vice President, Product Management at LivePerson. “Integrating with CRM, billing, and other backend systems means developers can now easily automate how brands handle common intents like ‘What’s my order status?,’ ‘Pay my bill,’ or ‘Schedule an appointment.’ “

LivePerson Functions makes the Conversational Cloud even more powerful, with the ability to create custom workflows that can be triggered by a variety of conversational events. For example, by integrating with external systems, customers with VIP status can be routed to dedicated experts before the conversation even starts. As Functions runs entirely in the Conversational Cloud, it also eliminates the costs for hardware and infrastructure overhead typically required by brands to integrate with platforms.

The Conversational Cloud is available anywhere, at any time.
Based in the cloud and requiring less bandwidth than voice calls, the Conversational Cloud is ideal for the distributed workforce. Brands across the world, including David’s Bridal, have used the Conversational Cloud to stand up remote workforces.

When David’s Bridal was forced by the COVID-19 pandemic to temporarily shut down retail stores and needed to act quickly to maintain business continuity, they transformed from a 90% in-store business to a 100% digital business in two weeks, leading to a 7.5x increase in messaging volume and 700% increase in sales via messaging.

“We honestly don’t know how we would have survived the last couple of months without the option to message — it truly saved our business,” said Holly Carroll, Vice President of Customer Service & Contact Center Operations at David’s Bridal. “With the Conversational Cloud, we sped up our vision for Zoey, our conversational bridal concierge, and put our customers into the best hands.”

New iOS and Android mobile apps for the Conversational Cloud are now available enabling work-from-anywhere agents and in-store associates to provide safe and convenient services via messaging, like contactless curbside pickup — with little-to-no training required.

The Conversational Cloud works across all channels, making it the single place to connect all of a brand’s conversations, from messaging channels to mobile apps, websites, social media, and email. Brands can also use features like LivePerson Voice to Messaging and Apple’s Chat Suggest to shift consumers who call on the phone directly into more convenient messaging conversations.

The Conversational Cloud’s Conversation Analytics helps measure and optimize conversations to deliver outstanding marketing, sales, and customer care business results.
The Conversational Cloud includes Conversation Analytics, a performance dashboard that captures the most impactful conversational KPIs, from sales-focused metrics like overall volume and average order value to customer care, operational efficiency, and consumer experience metrics. Brands can easily compare their performance to industry benchmarks and take actions recommended by LivePerson’s AI to improve over time.

Brands using LivePerson’s Conversational Cloud have seen results including:

  • Higher qualified leads that are 2.5x more likely to convert to sales.
  • Up to 20% increases in average order value and online sales conversions.
  • Labor costs reduced by 50%.
  • CSAT scores increased by up to 20%.
  • 50% decreases in agent attrition.

“AI-powered messaging is a win-win-win for customers, employees, and brands,” said Alex Spinelli, chief technology officer at LivePerson. “Consumers and agents benefit from the incredible convenience and efficiency of messaging, while brands benefit from developing direct, high-value relationships with their customers, which they own forever right in the same conversation thread where they first connected.”

LivePerson’s conversational solutions garnered several recognitions in the first half of 2020, including:

  • Fast Company named LivePerson to its prestigious Most Innovative Companies list, listing the company as number three in the world’s most innovative AI companies category.
  • Forrester, a leading global research and advisory firm, named LivePerson a leader in The Forrester New Wave™: Digital-First Customer Service Solutions, Q2 2020.
  • The CODiE Awards, the tech industry’s only peer-reviewed awards program, named LivePerson’s bot-building platform the Best Customer Service Solution of 2020.
  • The Stevie Awards, the world’s top customer service awards program, awarded LivePerson’s bot-building platform the 2020 Gold Stevie® Award for best New Contact Center Solution.

To learn more about the Conversational Cloud, watch this short video and visit liveperson.com.

About LivePerson, Inc.
LivePerson makes life easier for people and brands everywhere through trusted conversational AI. Our 18,000 customers, including leading brands like HSBC, Orange, GM Financial, and The Home Depot, use our conversational solutions to orchestrate humans and AI, at scale, and create a convenient, deeply personal relationship — a conversational relationship — with their millions of consumers. For more information about LivePerson (NASDAQ: LPSN), please visit www.liveperson.com.

CONTACT: Mike Tague, mtague@liveperson.com

 

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SOURCE LivePerson, Inc.

IoT Sensors Market Size to Reach USD 58.9 Billion by 2026 – Valuates Reports

BANGALORE, India, Aug. 4, 2020 /PRNewswire/ — IoT sensors are devices that take input from the physical environment and use built-in computing resources to perform predefined functions when specific input is detected, and then process data before it is passed on. IoT systems operate and use a variety of sensors to provide useful information and data.

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The Global Internet of Things (IoT) Sensors market size was valued at 14.9 Billion USD in 2019 and is projected to reach 58.9 Billion USD by 2026, with a CAGR of 21.7% between 2020 and 2026.

Increasing use of IoT sensors in the automotive sector and booming industrial IoT sensors are major factors that are expected to increase the IoT sensor market size during the forecast period to develop.

The report includes a list of all main players on the IoT Sensors market and a thorough overview of the strategies adopted by the companies..

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TRENDS INFLUENCING THE IOT SENSORS MARKET SIZE

Rising demand for IoT integration in industries that involve sensor-based measurements for purposes of analysis and decision support is expected to increase the IoT market size during the forecast period. 

Increasing use of area sensors for various manufacturing applications, from system assembly lines to testing and inspection, and continuous innovation and increasing smart sensor applications in multiple industries such as rubber, plastics, and textile sectors are some of the key factors driving the growth of the IoT sensor market.

Increasing demand for smart TV in the consumer electronics sector is exacerbating IoT sensor demand. Furthermore, the rapid adoption of the IoT sensor market is expected to increase the impelling demand of the IoT sensor market is the growing adoption of smartphones and associated items.

Narrowband Internet of Things (NB-IoT) integration will boost demand for IoT solutions across various industries, which, in turn, is expected to increase the IoT sensors market size during the forecast period.

IoT’s introduction in the automotive industry has opened new markets for carmakers and customers around the world. IoT has become a common hotspot for varied multifunctional applications in the automotive sector. IoT provides improved communication, monitoring, and distribution of data at any point of transport. This increased adoption of IoT sensors in the automotive sector is expected to increase the IoT sensors market size.

The incorporation of Artificial intelligence in the IoT sensors is expected to increase the IoT sensors market size during the forecast period. AI will assist in IoT data analysis in the following areas: data accuracy in time series, predictive and advanced analytics, data preparation, geospatial, and location real-time (logistic data).

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-0F397/global-iot-sensors

IOT SENSORS MARKET SHARE ANALYSIS

North America holds the largest IoT Sensors Market share during the forecast period. North is also the largest consumer of IoT Sensors, with a revenue market share of 34.95% in 2017. Most companies in this region are increasingly implementing IoT to keep track of their output to prevent expensive breakdowns or inefficient shutdowns during routine maintenance.

The second region is Europe, following North America, with a sales market share of 34.35% in 2017. Due to the growing innovation in smart homes and gaming applications, and the rising usage of IoT sensors in manufacturing industries, Europe has seen strong growth in recent times.

The Asia Pacific is expected to witness the highest growth during the forecast period. This rapid growth is attributed to the increasing demand from the automotive industry.

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TOP COMPANIES IN THE IOT SENSORS MARKET 

The IoT Sensors Market is highly competitive, with multiple regional and international players.

Some of the top companies in the IoT Sensors Market are

  • Bosch
  • Honeywell
  • NXP
  • Infineon
  • Analog Devices
  • Panasonic
  • InvenSense
  • TI
  • Silicon Laboratories
  • ABB Ltd
  • STM
  • TE Connectivity
  • Huagong Tech
  • Sensirion
  • Zhonghang Electronic Measuring Instruments
  • Vishay
  • Hanwei Electronics
  • Semtech
  • Omron
  • ABB
  • Others.

IOT SENSORS MARKET BREAKDOWN DATA BY TYPE

  • Pressure Sensor
  • Environmental Sensor
  • Optical Sensor
  • Chemical Sensor
  • Motion Sensor
  • Others.

IOT SENSORS MARKET BREAKDOWN BY APPLICATION

  • Smart Home & Wearables
  • Smart Energy
  • Smart Security
  • Manufacturing
  • Transportation & Logistics
  • Healthcare
  • Others.

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SIMILAR REPORTS :

●  COVID-19 Impact on Global Wireless IoT Sensors Market Report

The key advantages these sensors offer are improved protection, convenience, and low cost. Wireless IoT sensor market size is driven by increasing demand for mobile devices, connected cars, and intelligent grids.

The Wireless IoT Sensors Market report offers an exhaustive geographical analysis of the global Wireless IoT Sensors market, covering important regions, viz, North America, Europe, China, Japan, and South Korea.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-4C277/wireless-iot-sensors

●  IoT Sensors in Healthcare Market Report

Enhanced patient engagement, improved data analytical precision, enhanced disease detection, treatment outcomes, and decreased clinical costs are key factors driving IoT sensors’ growth in the healthcare market size.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-26B1445/global-iot-sensors-in-healthcare

●  IIoT Sensors in Oil and Gas Market Report

The commercial acceptance of IIoT sensors is a big factor driving the growth of the IIoT Sensors in Oil and Gas Market size. Furthermore, the need to reduce costs drives the adoption of IIoT sensors in the oil and gas sector.

EMEA contributed the majority of shares toward the IIoT sensors market in the oil and gas industry during 2017. It has been estimated that the segment will continue to lead the IoT in the oil and gas market in the forthcoming years.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-10Z424/global-united-states-european-union-and-china-iiot-sensors-in-oil-and-gas

●  Gas Sensors Market Report

The global gas sensor market size was valued at USD 823.1 Million in 2019, and is projected to reach USD 1,336.2 Million by 2027, growing at a CAGR of 6.4% from 2020 to 2027.

The Gas Sensors Market report includes a country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type and by Application segment in terms of production capacity, price, and revenue for the period 2015-2026.

View Full Report: https://reports.valuates.com/market-reports/ALLI-Manu-3P10/gas-sensors

●  Optical Sensors Market Report

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-17I2759/covid-19-impact-on-optical-sensors

●  Remote Temperature Sensors Market Report

In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Remote Temperature Sensors.

With the growing demand for smart homes and in-home weather stations in the U.S, the North American market is expected to hold the major market share in the future.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-12E408/global-united-states-european-union-and-china-remote-temperature-sensors

●  Infrared Sensors Market Report

The global Infrared Sensors market size is projected to reach USD 1417 Million by 2026, from USD 946.3 Million in 2020.

This report focuses on the volume and value of Infrared Sensors at global, national, and enterprise levels. This study reflects the overall market size of Infrared Sensors from a global perspective by evaluating historical data and future prospects. 

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-3P613/global-united-states-european-union-and-china-infrared-sensors

●  Pressure Sensors Market Report

In 2019, the global Pressure Sensors market size was USD 9832.4 Million, and it is expected to reach USD 15250 Million by the end of 2026, with a CAGR of 6.4% during 2021-2026.

Top companies in the Pressure Sensors Market that are analyzed in the report include Bosch, Denso, Sensata, Amphenol, NXP+ Freescale, Infineon, STMicroelectronics, TE Connectivity (Measurement Specialties), Omron, Honeywell, Siemens, Continental AG, Panasonic, Emerson, ABB, Yokogawa Electric Corporation, KEYENCE, Keller, Balluff, and WIKA Alexander Wiegand SE.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-21G2530/global-pressure-sensors

ABOUT US:

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs. 

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that’s why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains detail research methodology employed to generate the report, Please also reach to our sales team to get the complete list of our data sources

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SOURCE Valuates Reports

Palo Alto Networks Introduces Industry’s Largest and Most Comprehensive Security Orchestration Marketplace

SANTA CLARA, Calif., Aug. 4, 2020 /PRNewswire/ — Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, today introduced a marketplace for Cortex™ XSOAR, its extended security orchestration, automation and response platform that empowers security teams by simplifying and harmonizing security operations across their entire enterprise.

The addition of the Cortex XSOAR Marketplace enhances customers’ ability to discover, share and make greater use of automation across their organization. The marketplace allows them to tap into an extensive community of industry experts to help solve their toughest security automation challenges with confidence by choosing content packs that have been through rigorous quality and security checks by Palo Alto Networks and rated by our customers.

“Collaboration across the cybersecurity community is critical to defending against advanced attacks. When organizations share best practices, tools, and procedures, everyone benefits,” said Jon Oltsik, senior principal analyst and fellow at the Enterprise Strategy Group (ESG). “SOAR systems already integrate and automate key processes and technologies, and now the Cortex XSOAR Marketplace can further amplify the value of the SOAR platform community by making it more effective for all.”

“Cortex XSOAR allows our customers to help solve complex security issues and take full advantage of their existing investments in security technology,” said Slavik Markovich, senior vice president of product management, Cortex XSOAR at Palo Alto Networks. “Now, with the new Cortex XSOAR Marketplace, our customers can leverage industry experts and the power of the community to help solve their toughest security use cases.”

Cortex XSOAR Marketplace launches with content packs from leading cybersecurity providers, bolstering more than 450 existing integrations currently available to customers.

Palo Alto Networks is inviting experts to develop new orchestration playbooks in the world’s largest SOAR hackathon: Automation Rising 2020. Sign up for the virtual competition and develop innovative new orchestration playbooks for the Cortex XSOAR Marketplace. The competition runs from August 4 to October 30 and has $60,000 in prizes. Visit https://automationrising.devpost.com/ to start building.

For more information:

About Palo Alto Networks
Palo Alto Networks, the global cybersecurity leader, is shaping the cloud-centric future with technology that is transforming the way people and organizations operate. Our mission is to be the cybersecurity partner of choice, protecting our digital way of life. We help address the world’s greatest security challenges with continuous innovation that seizes the latest breakthroughs in artificial intelligence, analytics, automation, and orchestration. By delivering an integrated platform and empowering a growing ecosystem of partners, we are at the forefront of protecting tens of thousands of organizations across clouds, networks, and mobile devices. Our vision is a world where each day is safer and more secure than the one before. For more information, visit www.paloaltonetworks.com.

Palo Alto Networks, Cortex, and the Palo Alto Networks logo are trademarks of Palo Alto Networks, Inc. in the United States and in jurisdictions throughout the world. All other trademarks, trade names, or service marks used or mentioned herein belong to their respective owners.

 

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SOURCE Palo Alto Networks, Inc.

Genpact and AppZen Partner to Transform Travel and Expense Audit Process

NEW YORK and SAN JOSE, Calif., Aug. 4, 2020 /PRNewswire/ — Genpact (NYSE: G), a global professional services firm focused on delivering digital transformation, and AppZen, a leading artificial intelligence (AI) software for modern finance teams, today announced a partnership to transform travel and expense (T&E) audit processes, enhancing corporate and regulatory compliance.

The two companies will launch a regulatory compliance-as-a-service (RCaaS) solution that significantly advances T&E operations, allowing finance organizations to automate processes and audit expenses within minutes of submission. As a result, finance and compliance teams can identify T&E exceptions in near real time, enhancing their ability to address regulatory issues, detect adherence to corporate policies and contract obligations, and identify spend leakages.

“As companies face pressures to ramp up sales targets, renew contracts, and better manage expense in response to business disruption caused by the COVID-19 pandemic, there can be risk for increased fraud and non-compliance issues,” said Alison Close, research manager, digital business operations and analytics services, IDC, a leading industry analyst firm. “Genpact and AppZen’s partnership helps companies flag potential fraud and non-compliance faster, all in a managed services solution that provides greater flexibility and resilience to address cost and productivity concerns.”

AppZen’s AI-powered software for finance teams complements Genpact’s digital technology expertise with its AI-powered software for finance teams. The platform automates manual finance processes and gains real-time insights into business spend trends by seamlessly integrating a layer of AI software into finance applications. Genpact and AppZen allow finance teams to understand financial transactions more quickly and make strategic decisions based on company policies, all while reducing operational costs.

“With traditional manual T&E operations, generating actionable insights is difficult and time-consuming, with inherent exposure to risks from fraud and regulatory compliance lapses,” said Katie Stein, chief strategy officer and global business leader, Enterprise Services, Genpact. “Genpact and AppZen’s solution allows chief financial and compliance officers and their teams to move from reactive tracking to proactive, preventive controls through near real-time monitoring of T&E and related accounts payable operations to drive faster, smarter business decisions and significant cost-savings opportunities.”

The new RCaaS solution combines AppZen’s AI finance platform with Genpact’s deep experience in digital transformation, process knowledge, risk and regulatory advisory skills, and managing finance and accounting (F&A) operations to help companies optimize spend to improve cash flow and enhance internal and external customer experiences.

“Our over 1,800 customers see an immediate value to addressing errors, waste, and fraud before a payment is made,” said Anant Kale, chief executive officer, AppZen. “Our AI platform, coupled with Genpact’s deep expertise from managing compliance and F&A operations for hundreds of companies, provide enterprises with a fast, efficient way to improve compliance and reduce costs—especially critical to success in today’s challenging business environment.”

The new RCaaS solution complements and integrates with Genpact’s finance-as-a-service solution to help companies rapidly scale and manage F&A operations for competitive growth.

See Genpact’s website for more information on its partnership with AppZen. See AppZen’s website for details on its services.

About AppZen
AppZen is the leader in AI software for finance teams. Over 1,800 global enterprises use AppZen to automate manual finance processes, reduce expenditures, and gain real-time insights into their business spend trends. Our patented software technology delivers AI deep learning, semantic analysis and Star Match™, the only automated spend validation that processes intelligence from thousands of data sources, documents, and images to understand financial transactions and make decisions based on finance policies. AppZen is the platform of choice for today’s digital CFO and their teams, including four of the top five banks, four of the top ten media companies, four of the top ten pharmaceutical manufacturers, two of the top five aerospace companies, and six of the top ten software providers. Visit us at www.appzen.com and follow us on Twitter at @AppZen.

About Genpact
Genpact (NYSE: G) is a global professional services firm that makes business transformation real. We drive digital-led innovation and digitally-enabled intelligent operations for our clients, guided by our experience running thousands of processes primarily for Global Fortune 500 companies. We think with design, dream in digital, and solve problems with data and analytics.  Combining our expertise in end-to-end operations and our AI-based platform, Genpact Cora, we focus on the details – all 90,000+ of us. From New York to New Delhi and more than 30 countries in between, we connect every dot, reimagine every process, and reinvent companies’ ways of working. We know that reimagining each step from start to finish creates better business outcomes. Whatever it is, we’ll be there with you – accelerating digital transformation to create bold, lasting results – because transformation happens here. Get to know us at Genpact.com and on LinkedInTwitter, YouTube, and Facebook.

MEDIA CONTACTS:

Danielle D’Angelo
Genpact Media Relations – Americas
+1 914-336-7951
danielle.dangelo@genpact.com

Siya Belliappa
Genpact Media Relations – India
+91 9823133365
siya.belliappa@genpact.com

Katy Garlinghouse
AppZen Media Relations
press@appzen.com

 

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SOURCE Genpact

KDD 2020 Announces Special Diversity & Inclusion Track

SAN DIEGO, Aug. 4, 2020 /PRNewswire/ — KDD 2020, the premier interdisciplinary conference in data science, today announced an additional conference track dedicated to diversity and inclusion (D&I). Throughout the conference, taking place virtually between Aug. 23-27, the special track will offer speaking sessions, live panels and research papers on D&I topics related to engaging and representing traditionally underrepresented groups in all areas of the field – academia, industry, and artificial intelligence solutions.

The 13 talks featured in the D&I track will include a presentation on broadening participation in technology policy by Briana Posadas, Media Democracy Fund PhD fellow at the National Hispanic Media Coalition, as well as a presentation on creating a diverse workspace from academia to government to industry by Hasan Jackson, principal data scientist and solution architect at data science research lab QUADGRID.

“As a community, data scientists are doing a disservice to our downstream customers if we think of our industry as a diversity-neutral environment,” said Latifa Jackson, co-chair of the D&I track at KDD 2020 and assistant professor of pediatrics at Howard University. “If we want to effectively use data, we need to make sure it is truly representative of our environment. If we want to create a product which is helpful to all Americans, we need all types of people in every stage of the process including data collection, analysis, and programming.”

Additional speaking topics include how computer science education can address societal inequities, using machine learning to encourage greater participation from all backgrounds, ensuring virtual conferences are accessible to all, advancing indigenous genomic data sovereignty, and avoiding data and algorithm bias. Expert speakers include Krystal Tsosie, a Navajo geneticist and bioethicist at Vanderbilt University, and Keolu Fox, an assistant professor of anthropology and global health at the University of California San Diego, among others.

The conference will highlight research papers on D&I including one authored by Jackson and Heriberto Acosta, a fellow co-chair of the D&I track and PhD candidate at Nova Southeastern University, titled, “The Data Science Fire Next Time: Innovative Strategies for Mentoring in Data Science.” The paper is a direct play on James Baldwin’s book about the Civil Rights Movement, “The Fire Next Time,” and focusses on fostering mentorship, guidance, and connections for minority and underrepresented groups in the data science and machine learning community.

The D&I track at KDD 2020 also includes two live, one-hour long panels featuring experts on artificial intelligence for the betterment of inclusivity initiatives.

“As the most important data science conference in the world, KDD has the opportunity to set an example for other conferences and the industry to be more active in promoting diversity and inclusion in tech,” said Acosta. “Through KDD’s leadership, we have the power to communicate the benefits of diversity and translate this into actionable change within data science and throughout the world.”

KDD 2020 is being held virtually on Aug. 23-27, 2020. For more information on this year’s event, please visit: www.kdd.org/kdd2020.

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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Virtual NetCom, a COMSovereign Company, to Introduce World’s First AI-Enabled, Virtualized, Micro-Computing 5G Core System

DALLAS, Aug. 4, 2020 /PRNewswire/ — COMSovereign Holding Corp. (OTCQB: COMS) (“COMSovereign” or the “Company”), a U.S.-based pure-play developer of 5G connectivity and data transmission devices, announced today that its Virtual NetCom LLC (“VNC”) unit fully demonstrated its edge-centric 5G network core on a credit-card sized platform.

VNC is a developer of fixed and mobile broadband communications solutions for public and private wireless networks operated by commercial, enterprise, government and defense customers. Virtualized edge-centric 5G core technology (5GC) combines the benefits of Network Function Virtualization (NFV) and Artificial Intelligence (AI) into a very compact platform slightly larger than a credit card. This dramatically reduces the cost and complexity of deploying a highly optimized 5G wireless network. The 5GC’s small form factor allows it be embedded into fixed or portable/mobile solutions, providing superior performance for mission critical applications such as industrial IoT, autonomous everything (vehicles, drones, etc.), and secure private networks for enterprise, healthcare, public safety, government and defense applications. Furthermore, unlike typical 5G remote cores that are rack-based, power intensive, heavy, and require indoor installation, the 5GC technology places this key functionality at the very edge of the network closest to the user, which greatly increases network reliability and availability while reducing latency, backhaul requirements and cost.

“VNC’s proprietary AI-enabled, virtualized edge-centric 5G core technology significantly advances our ability to provide a highly-efficient core to support 5G wireless services in nearly any conceivable format,” said Mohan Tammisetti, senior vice president, Engineering & Technology, at Virtual NetCom. “With this 5GC technology, we have revolutionized modern network design, uniquely enhancing many of the key benefits of 5G, such as low latency, high bandwidth and network slicing, by pushing core processing and network intelligence to the edge, all at a fraction of the cost of existing hardware solutions.”

Chief Technology Officer of COMSovereign Holding Corp., Dr. Dustin McIntire, stated, “COMSovereign is dedicated to the development of key enabling technologies required to power the next generation of mobile networks through innovations in hardware design, software and spectral efficiency. The introduction of 5GC is the first in a series of groundbreaking ‘made in the USA‘ technologies we are bringing to market over the next 18 months that we believe will redefine the future of wireless networks around the world.”

Low-Rate Initial Production (“LRIP”) should yield limited volumes of 5GC product to market in mid-September. General availability and volume production for the VNC 5GC technology is expected to commence in the 4th quarter of this year at a price point expected to be a fraction of the cost of a typical 5G network core.

For more information about COMSovereign, please visit www.COMSovereign.com and connect with the Company on Facebook and Twitter.

About COMSovereign Holding Corp.
COMSovereign Holding Corp. (OTCQB: COMS) has assembled a portfolio of communications technology companies with combined capabilities and the objective of enabling connectivity across the entire data transmission spectrum. Through strategic acquisitions and organic research and development efforts, COMSovereign is seeking to become a U.S.-based pure-play communications provider able to provide LTE Advanced and 5G-NR telecom solutions to network operators and enterprises. For more information about COMSovereign, please visit www.COMSovereign.com or view the reports that it files with or furnishes to the Securities and Exchange Commission at www.sec.gov, including the Risk Factors included in its Annual Report on Form 10-K for the fiscal year ended December 31, 2019, as well as information in its Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.

About Virtual NetCom LLC
Virtual NetCom LLC, a COMSovereign Holding Corp. company, designs, develops, manufactures, markets, and supports a line of network products for wireless network operators, mobile virtual network operators (MVNO), cable TV system operators, and government and business enterprises that enable new sources of revenue and reduce capital and operating expenses. The vision of VNC is to reinvent how wireless networks service mission critical communications for Public Safety, Homeland Security, Department of Defense, and commercial Private Network users.

Forward-Looking Statements
Certain statements in this press release that are not historical facts are forward-looking statements that reflect management’s current expectations, assumptions, and estimates of future performance and economic conditions, and involve risks and uncertainties that could cause actual results to differ materially from those anticipated by the statements made herein. Forward-looking statements are generally identifiable by the use of forward-looking terminology such as “believe,” “expects,” “may,” “looks to,” “will,” “should,” “plan,” “intend,” “on condition,” “target,” “see,” “potential,” “estimates,” “preliminary,” or “anticipates” or the negative thereof or comparable terminology, or by discussion of strategy or goals or other future events, circumstances, or effects. Moreover, forward-looking statements in this release include, but are not limited to, the impact of the current COVID-19 pandemic, which may limit access to the Company’s facilities, customers, management, support staff and professional advisors, and to develop and deliver advanced voice and data communications systems. The Company’s forward-looking statements could be affected by many factors, including, but not limited to, the Company’s ability to commercialize VNC’s technology, demand for the Company’s products and services, economic conditions in the U.S. and worldwide, and the Company’s ability to recruit and retain management, technical, and sales personnel. Further information relating to factors that may impact the Company’s results and forward-looking statements are disclosed in the Company’s filings with the Securities and Exchange Commission. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company disclaims any intention or obligation, other than imposed by law, to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Contacts:

Investor Relations for COMSovereign Holding Corp.:
Steve Gersten
813-334-9745
investors@comsovereign.com 

Dave Gentry
RedChip Companies, Inc.
407-491-4498
dave@redchip.com

and

Media Relations for COMSovereign Holding Corp.:
Michael Glickman
MWGCO, Inc.
917-397-2272
mike@mwgco.net

 

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SOURCE COMSovereign Holding Corp.

NeuTigers and Rajant Begin Validation Testing for CovidDeep: AI-Powered Solution to Screen for SARS-CoV-2/COVID-19 by Analyzing Smart Devices’ Built-In Sensor Data

PRINCETON, N.J., Aug. 4, 2020 /PRNewswire/ — NeuTigers, a leading-edge startup that is revolutionizing the next generation of energy/latency-efficient artificial intelligence (AI), has teamed up with Rajant Corporation, to bring new solutions to the world. As a first step, both companies are addressing the global public health crisis through CovidDeep, an AI-powered monitoring and screening solution to detect the different phases of SARS-CoV-2/COVID-19, currently in validation after a promising clinical trial.

In a recent study with San Matteo Hospital in Pavia, Italy, researchers demonstrated that CovidDeep’s efficient AI neural networks can differentiate between healthy participants (tested SARS-CoV-2 negative), asymptomatic (tested SARS-CoV-2 positive that can stay home), or even symptomatic (SARS-CoV-2 positive that needs hospitalization), using only a small field of clinical biometric data obtained non-intrusively from off-the-shelf, wearable medical sensors. Following further validation, the solution could help in triaging people for targeted viral and antibody testing, getting them to self-quarantine sooner, get treatment faster, and, importantly, enable the world to get back to work and restart the economy.

CovidDeep can empower medical professionals and individuals by:

  • Using data collected in a HIPAA/GDPR-compliant manner from medical sensors embedded in smartphones, smartwatches and/or wearables
  • Applying a machine learning model to screen participants and classify them as healthy, asymptomatic, or symptomatic
  • Delivering efficient screening methods for SARS-CoV-2/COVID-19 globally, so those in resource and supply-strained areas can concentrate on the most urgent cases

“Right now, our biggest question is, how can we return to an open society and a productive economy without risking the collapse of the healthcare system? The answer is through a scalable SARS-CoV-2/COVID-19 screening system, which we knew we could bring to life with Rajant as our partner,” says Adel Laoui, CEO and founder of NeuTigers. “This is an essential advancement in smart healthcare, but our work doesn’t stop there. This partnership with Rajant also enables us to strategically address issues across cybersecurity, edge computing, and other IoT use cases across multiple verticals.”

“When we think about an AI-powered future, a SARS-CoV-2/COVID-19 screening solution is just the beginning. Our partnership with NeuTigers enables state-of-the-art AI applications in the healthcare, construction, and transportation industries, among others,” says Robert Schena, CEO of Rajant. “We have a responsibility to apply our technology in ways that support the greater global good, and with NeuTigers, we’re poised to tackle the immediate challenges of AI without losing sight of the big picture.”

“CovidDeep does not require the presence of a nurse or physician during testing. It uses physiological signals extracted using commercially available devices and achieves high test accuracy. As a result, it provides a testing mechanism that is accurate, easily accessible to the public, and easy for individuals to use. Furthermore, this mechanism only requires a few minutes of data collection from an individual to perform an inference,” says study co-author Professor Ignazio R. Marino MD, EVP Jefferson International Innovative Strategic Ventures, Thomas Jefferson University, and Jefferson Health. “Thus CovidDeep has the potential to impact how we screen for SARS-CoV-2, and subsequently triage the use of other diagnostic resources.”   

About the Validation Study
NeuTigers and Rajant partnered with San Matteo Hospital in Pavia, Italy for a clinical trial, obtaining digital physiological data with the following paired mobile devices: Empatica E4 smartwatch, Samsung Galaxy S8 smartphone, and a pulse oximeter and questionnaire. Results suggested a promising tool in the future, so the companies are proceeding with validation testing.

The validation study is especially critical to frontline healthcare workers. CovidDeep is based on voluntary participation, provides anonymity, does not use personal data nor geolocation information, and operates in full compliance with US-HIPAA and EU-GDPR regulations. If interested in volunteering for this no-cost, crowd-sourced study to help enable a much-needed COVID-19 screening solution, please visit https://www.neutigers.com/coviddeep, or call 401-326-4839.

About NeuTigers
NeuTigers is a leading edge company that is revolutionizing the application of state-of-the-art Artificial Intelligence property from Princeton University. It specializes in solving healthcare and IoT problems using a unique energy/latency-efficient AI technology platform that can port intelligent services to diverse hardware platforms from sensors to mobile devices and cloud servers. For more information, visit www.neutigers.com.

About Rajant Corporation
Rajant Corporation is the exclusive provider of private wireless networks powered by the patented Kinetic Mesh® network, BreadCrumb® wireless nodes, and InstaMesh® networking software. With Rajant, customers can rapidly deploy a highly adaptable and scalable network that leverages the power of real-time data to deliver on-demand, mission-critical business intelligence. A low-latency, high-throughput, and secure solution for a variety of data, voice, video, and autonomous applications, Rajant’s Kinetic Mesh networks provide industrial customers with full mobility, allowing them to take their private network applications and data anywhere. With successful deployments in more than 60 countries for customers in military, mining, ports, rail, oil & gas, petrochemical plants, municipalities, and agriculture. Rajant is headquartered in Malvern, Pennsylvania with additional facilities and offices in Arizona and Kentucky. For more information, visit Rajant.com or follow Rajant on LinkedIn and Twitter.

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SOURCE NeuTigers

Google Cloud Partners with Best Buy to Deliver Improved Customer Experience

SUNNYVALE, Calif., Aug. 4, 2020 /PRNewswire/ — Google Cloud and Best Buy today announced the expansion of their partnership via a new, multi-year agreement that names Google Cloud as the cloud provider for Best Buy’s Enterprise Data Platform. With operations across the United States, Canada, and Mexico, Best Buy will leverage Google Cloud’s best-in-class cloud infrastructure and analytics services to power a data-driven retail strategy to deliver newer and more personalized shopping experiences.

This new partnership will help Best Buy deliver on its goal to enrich lives through technology, by using artificial intelligence, analytics and technology solutions to create even better, more personalized shopping experiences for its customers. Best Buy selected Google Cloud because of the platform’s capabilities, and the team’s excitement and ability to help bring these new experiences to life, including improving customer relationships, discovering new insights, and providing new services.

“Our customers are at the heart of everything we do, and better understanding their needs will help us create new, more meaningful experiences for them,” said Brian Tilzer, Chief Digital and Technology Officer, Best Buy. “Partnering with Google Cloud and the impressive capabilities its platform offers will help make these experiences a reality.”

The partnership is built on two key pillars:

  • Unifying data sources: Best Buy will work with Google Cloud to unify its data sources across various legacy platforms, and then run machine-learning and AI models against that data to build more personalized offers and recommendations for shoppers.

  • Developing new experiences: Once the data is unified into Best Buy’s Enterprise Data Platform, Best Buy will then experiment with new products for customers, whether it’s unique services across channels, tailored rewards, or other experiences. Google Cloud and Best Buy are committed to developing new capabilities that will accelerate Best Buy’s digital strategy and further the retailers’ digital transformation journey. And because these innovations are based on flexible cloud technology, Best Buy can iterate new ideas rapidly.

“Retailers like Best Buy are accelerating their digital transformations in order to deliver new products and services to customers,” said Thomas Kurian, CEO, Google Cloud. “Using Google Cloud’s scalable and secure infrastructure, and leading data and analytics solutions, Best Buy will be able create new insights from their data, enabling them to innovate now and into the future.”

About Google Cloud
Google Cloud provides organizations with leading infrastructure, platform capabilities and industry solutions. We deliver enterprise-grade cloud solutions that leverage Google’s cutting-edge technology to help companies operate more efficiently and adapt to changing needs, giving customers a foundation for the future. Customers in more than 150 countries turn to Google Cloud as their trusted partner to solve their most critical business problems.

 

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Avast Strengthens Defense Against Ransomware Attacks in its Free and Premium Antivirus Offerings

REDWOOD CITY, Calif., Aug. 4, 2020 /PRNewswire/ — Avast (LSE:AVST), a global leader in digital security and privacy, has released new versions of its security products to address the recent global surge in coronavirus-related ransomware. Avast has added Ransomware Shield, previously only available on Avast Premium Security, to its popular Avast Free Antivirus, and introduced the brand-new Remote Access Shield for Avast Premium Security.

In recent years, Avast has monitored a rise in attacks specifically designed to exploit Remote Desktop Protocol (RDP) in order to execute widespread ransomware attacks. In March 2020, at the peak of the pandemic lockdown, Avast observed a 20% increase in these types of attacks globally. With millions of workers around the world using RDP daily to remotely access their business network, this tool has become a strong cyber-attack vector.

Ransomware Shield for Avast Free Antivirus
To enhance the existing threat detection technology that protects Avast Free Antivirus users from ransomware, Avast has introduced an extra layer that keeps files safe from ransomware and other malicious programs attempting to alter files. Ransomware Shield stops ransomware and other untrusted programs from changing, deleting, or encrypting personal photos and files in protected folders. The feature shields pictures, documents, and other designated folders from unwanted changes, and thereby creates an additional layer of security.

Additional, smaller updates that can now be found as part of Avast Free Antivirus include:

  • Easier USB drive protection – Avast will now ask users to scan USB drives when plugging them into the computer.
  • Better botnet protection – enhanced Web Shield prevents malware from connecting to malicious servers via a user’s device.

Remote Access Shield for Avast Premium Security
To mitigate remote desktop vulnerabilities, Avast has added Remote Access Shield for Avast Premium Security users. The shield protects personal data with the following features:

  • Choose who can remotely access the protected computer: users can now define which specific IP addresses or IP ranges can access their computer, and Avast will block all other IPs. By default, RAS already blocks IPs that don’t seem legitimate.
  • Automatically block any brute-force attacks trying to crack the protected computer’s credentials.
  • Automatically block connections attempting to use Remote Desktop exploits, like BlueKeep, to take control of the protected computer.
  • Automatically block Remote Desktop connections from high-risk IP addresses.

The Remote Access Shield is available in version 20.5 of Avast Premium Security and newer.

Michal Pechoucek, Chief Technology Officer, Avast, said: “Throughout the global lockdown, Avast has been monitoring new and increased threats arising from new ways of working. We have tracked an increase in attacks via RDP, which has become another concern for individuals attempting to go about everyday life via the internet. Everybody has the right to be safe online, which is why we have enhanced our free AV that is used by millions of people around the world with additional layers of protection.”

About Avast:
Avast (LSE:AVST) is a global leader in digital security and privacy products. With over 400 million users online, Avast offers products under the Avast and AVG brands that protect people from threats on the internet and the evolving IoT threat landscape. The company’s threat detection network is among the most advanced in the world, using machine learning and artificial intelligence technologies to detect and stop threats in real time. Avast digital security products for Mobile, PC or Mac are top-ranked and certified by VB100, AV-Comparatives, AV-Test, SE Labs and others. Visit: www.avast.com.

Media contact:
pr@avast.com

 

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SOURCE Avast