Press Releases

Cognizant Named a Leader in Gartner’s Magic Quadrant for Managed Workplace Services, North America

TEANECK, N.J., March 28, 2019 /PRNewswire/ — Cognizant (Nasdaq: CTSH) has been named a Leader in Gartner’s “Magic Quadrant for Managed Workplace Services, North America” report for the  third consecutive year. In the report, Gartner, an independent analyst firm, evaluates 21 managed workplace service vendors on their completeness of vision and ability to execute across a variety of criteria, including market understanding and responsiveness, customer experience, and innovation.

Cognizant Logo (PRNewsfoto/Cognizant)

Gartner defines Leaders as providers who “deliver their service solutions skillfully, have a clear vision of the direction of the service market, and are actively building and improving their competencies to sustain their leadership positions. The Leaders quadrant indicates the direction of the MWS market. However, most digital workplace offerings still have low adoption rates. Ten providers have emerged as Leaders in this Magic Quadrant. Leaders have demonstrated their experience in delivering MWS and understand the requirements to successfully deliver these services.”  In addition, the report states that Leaders “have proved their ability to execute and a completeness of vision.”

According to Gartner, “With the workplace as the front line of digital change and employee engagement, innovative workplace services give organizations a competitive edge.”

Cognizant has a significant portfolio of Digital Workplace solutions focused on empowering users, elevating experience and driving innovation delivered through a robust partner ecosystem. These contextual, insights-enabled, agile and secure solutions personalize employee experiences and improve collaboration in alignment with business goals.

“Employees today expect their companies to equip them with the same digital technologies they use in their everyday lives – smartphones, virtual assistants, and intuitive, easy-to-use apps – as their tools on the job,” said Venu Lambu, Senior Vice President and Global Head, Technology Services, Cognizant. “Cognizant’s Digital Workplace Services incorporates cloud services, artificial intelligence, analytics, and AR/VR, at all touchpoints to drive innovation, enhance the employee experience, and improve productivity. We believe that being named a Leader for the third consecutive year by Gartner recognizes our commitment to successfully helping our customers build modern enterprises that leverage the latest in digital technologies.”

Read the January 14, 2019 “Magic Quadrant for Managed Workplace Services, North America” by Daniel Barros and Mark Ray (ID Number: G00352019) here.

Learn More:

Cognizant Digital Workplace Services: https://www.cognizant.com/cognizant-digital-systems-technology/cognizant-infrastructure-services/digital-workplace-services

Cognizant Infrastructure Services: https://www.cognizant.com/cognizant-digital-systems-technology/infrastructure-services

Gartner Disclaimer

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Cognizant

Cognizant (Nasdaq-100: CTSH) is one of the world’s leading professional services companies, transforming clients’ business, operating and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build and run more innovative and efficient businesses. Headquartered in the U.S., Cognizant is ranked 195 on the Fortune 500 and is consistently listed among the most admired companies in the world. Learn how Cognizant helps clients lead with digital at www.cognizant.com or follow us @Cognizant.

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SOURCE Cognizant

Digital Assets: From Frontier to Mainstream – Dr. Xiao Feng’s latest speech

HONG KONG, March 28, 2019 /PRNewswire/ — Co-hosted by HashKey Group and Wanxiang Blockchain Labs, HashKey International Digital Asset Summit 2019 (HIDA2019) launched at the Four Seasons Hotel, Hong Kong, on 21st March, 2019.

Dr. Xiao Feng speaking

Dr. Xiao Feng, Chairman of Wanxiang Blockchain, delivered a keynote speech entitled Digital Assets: From Frontier to Mainstream” and he said that digital assets will be the core “assets” of future finance.

The following is a selection of Dr. Xiao Feng’s speech:

The topic of today’s summit is “Digital assets: from Frontier to Mainstream“. We will discuss how digital assets are slowly moving towards compliance: specifically, from technology experiments ten years ago, to financial assets that can be accepted by mainstream financial institutions.

Brian Arthur is an economics professor at Stanford university and the author of many books on how technology drives the economy. I begin today’s speech with the following quote from him: “The economy will change its structure as technology evolves, which is also an institutional arrangement.” Internet technology has brought huge changes to the economic structure and economic system, and blockchain is actually the same.

I have started to focus on blockchain five years ago, and here I would like to introduce my own analytical framework. From the perspective of institutions, the development of Fintech can be divided into three stages:

The first stage has already happened, Fintech 1.0, with Internet and other technology enterprises as the main driving force.

Fintech 2.0 is happening, and since 2016, the FSA and regulators in the European Union have pushed for an open banking regulatory policy. Open banking means that banks should be thoroughly internet-oriented, which means no longer product-centered, but customer-centered. The API is bank’s abilities to export itself, to pay itself, to handle accounts well, and so on. Financial capabilities are no longer presented to customers by products, but are transmitted to various application scenarios with API capabilities. Licensed financial institutions will dominate Blockchain 2.0 era.

What is about to happen is Fintech 3.0, a restructuring of current financial infrastructure. This restructuring clearly shows some trends in 2019. In early March, the so-called Blockchain 3.0 cross-chain mainnet was officially launched, which shows that the Blockchain 3.0 technology is going to gradually mature this year. Meanwhile, it is also a sign that more technical blockchain mainnet will be launched sooner or later.

JP Morgan has released its own blockchain application, heralding the official launch of business-end blockchain application. Led and driven by mainstream institutions, global mainstream banks may use blockchain technology to reconstruct the clearing network between financial systems in the future. Facebook, the Internet company which has 2.7 billion users, is also considering to use blockchain technology to rebuild its payment network on the customer-end.

Neither the customer-end payment network nor the business-end JP Morgan clearing network is the traditional banking clearing system. Therefore, the core technology of blockchain 3.0 will reconstruct current financial infrastructure.

The new generation of financial infrastructure has the following characteristics. Based on a distributed ledger system, the accounting method is different compared to the traditional finance. Based on cryptography, a digital wallet is a new account. The digital assets stored in this account are also different from traditional asset classes. Meanwhile, the transfer, transaction and exchange of these assets no longer need any intermediary institutions but algorithms and smart contracts in a point-to-point way, which is the new generation of financial infrastructure.

In 2019, there will be blockchain technological breakthroughs in both business and customer-ends.

Economy is an expression of technology. With a series of new technologies lead to economic growth, the pattern of economic development has undergone tremendous changes. The Internet enables us to collect vast amounts of data at low costs. Artificial intelligence allows us to process and analyze these massive amounts of data at a very low cost, but not without blockchain. Because if the data is not reliable, then despite the fact that the algorithm is good, the results are not reliable. Blockchain is a very cost-efficient way to ensure that a machine with a set of algorithms can yield reliable outcome because the data on blockchain is irrevocable, cannot be deleted and traceable.

Combine above-mentioned three technologies will boost economic growth altogether by enabling us to process, collect and store data more cost-effectively and more reliably.

Not only has the pattern of economic growth changed, but business organizations have also begun to change dramatically. We know from the famous economic theories that enterprises, as economic organizations, should obtain lower transaction costs than the market. The boundary of enterprise’s advantages lies in the cost. If the internal cost of enterprises is equal to or higher than the market cost, then there is no need for such enterprises to exist.

Transaction costs can be mainly divided into three categories. The first is the information cost because the market needs to pay to collect information. The Internet allows us to collect routine data in a virtual world at a low cost. Many personalized requirements can be easily achieved because the cost of information is significantly reduced.

The second is the trust cost. The Internet is called the information machine, and blockchain is called the trust technology.

And the third is the transfer cost. With the help of AI’s matching algorithms, this type of cost is also much lower. Because of the substantial decline in transaction costs, the value of this organizational form of enterprises in the digital economy drops dramatically under the model of data-driven economic growth. The codes of blockchain, especially the public chain, is open to all. No one applies for intellectual property right on-chain. Blockchain is a completely open and free network without permission, which in turn changes transaction behaviors.

The low cost of mass data has promoted the development of digital economy, and the data has become the driving force of economic development. Algorithms and data are switching business decisions from centralized to decentralized, from top-down to bottom-up. And what this change means is that in a blockchain-based business model, which we call distributed business, is no longer like a traditional enterprise. There needs neither centralized decision making nor a top-down implementation of anything, but both decentralized decision making and bottom-up implementation. Economic decisions are decentralized and we call them markets rather than enterprises.

This new economic model also brought about great changes to property rights. Coase, the famous economist, brought two famous theorems. One is on transaction costs, which explains why businesses exist. The second is on property rights. If the value of the enterprise is so great, of course we should protect the property rights of the enterprise. Without good property rights protection, people will not start businesses because their interests will not be protected.

In the digital economy, the pattern and nature of property rights have changed:

First, after we sell equities of the company, we’re no longer a shareholder, somebody else can be a shareholder while they have all the equity. However, it’s hard to sell the ownership data because it is difficult to separate it completely from ownership as an independent asset.

Second, digital assets have very good replicability, which is not conducive to the protection of intellectual property rights.

Third, digital assets are not like a bottle of water on everyone’s desk. Data can be shared by either one person or 10,000 people. Value sharing in the business of digital assets will boost overall net value. If a mail is sent through the post office, the marginal cost of sending one and 10,000 mails is increased. If it is sent in the form of email, the marginal cost is almost zero. And because of the replicability, after sending the email, the sender still has a copy of the mail, because the data is stored locally on the computer system.

This is the new form of digital property, which is the zero frontier cost of the digital economy. This new form, without the help of blockchain technology, is unlikely to form a digital asset, nor is it investable. Distributed ledger system can ensure that the data not to be deleted, not be tampered-with in a timestamp sequencing manner. Build a set of digital accounts with asymmetric encryption algorithms can ensure that data is not replicated. This is what blockchain has brought about, which the what Internet cannot do. Consensus algorithm establishes fair, equal and decentralized decision-making mechanism and governance mechanisms. Smart contract establishes de-intermediation, automation and point-to-point transaction mechanism.

With the help of blockchain technology, digital property rights have become real digital assets with financial attributes, shares and potentials for investment.

Digital assets are created because of blockchain technology, and I’m talking about digital assets based on blockchain. When it comes to digital assets, we all use the word “Token”, which means password, pass right and use right. The most famous token in the world is the password of American nuclear weapons. Whoever is elected President will have the password, which can be used to destroy human beings.

Token is the use right as well as the access right to a certain door guard to get the password so that you can use this computer system. The SEC has said publicly many times that most tokens are like securities. Token is a security, but not a stock. Stock is the share of ownership and securitization while bond is the sharing of the usufruct of property rights. There is an equity division in the investment bank. That said, bond is the power, you can collect interest, but you can’t participate in the shareholders’ meeting, participate in the governance of the company, because you just hold the creditor’s rights, enjoy the right to profit. Token is the securitization of the right of use in property rights. Token means to have access to something. The core content of digital assets is the share of the use right. To interpret token as the same thing as stock or bond would be to reinvent the wheel. Fortunately, token is not a stock or bond, but a market based on the use right. The global scale of use right is tens of billions, which can be expected.

With the development of digital assets to today, we can classify them from different perspectives, such as original blockchain assets and real world assets mapped to blockchain.

For example, bond has nothing to do with the reality, and all bonds can be transferred on the blockchain. In the future, many real world assets will be tokens and can be traded on blockchain. It may also be classified into either securities or non-securities. Starting in 2018, we are breaking down into two new concepts. In crypto assets, a stable token performs all the functions of a digital currency, such as payment instrument, medium of exchange and store of value. Fiat currencies are present in both token and stock, which are tied to the dollar 1:1. While Bitcoin is not a digital currency because it failed as a currency experiment. Bitcoin is the digital gold. If Bitcoin were a currency, it would be like the currency of Venezuela, which can fluctuate wildly in a year. Therefore, it is not a currency, it’s just an asset. Cryptocurrency and digital assets can also be further divided into utility tokens and payment tokens.

And finally, I’m going to talk about the HashKey Group. Last year, after the SFC issued relevant regulatory guidelines, we established a compliant, professional and innovative new Fintech group focusing on blockchain and digital assets in Hong Kong.

Based on past investment experience, development and application of Wanxiang Blockchain in last five years, HashKeyGroup will rely on the ecosystem established by Wanxiang Blockchain and cooperate with more than 80 global blockchain projects.  HashKey Group is based in Hong Kong and will rely on the bay area to better serve the world in the future.

Thank you all.

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SOURCE Wanxiang Blockchain

Everest Group Names AntWorks™ as a Leader in Intelligent Document Processing (IDP) PEAK Matrix™ Assessment 2019

SINGAPORE, March 28, 2019 /PRNewswire/ — AntWorks™, a global provider of artificial intelligence and intelligent automation solutions, announced today that it has been positioned as a ‘Leader’ in Everest Group’s PEAK Matrix™ for Intelligent Document Processing (IDP) 2019.

Everest Group Names AntWorks™ as a Leader in Intelligent Document Processing (IDP) PEAK Matrix™ Assessment 2019

Everest Group evaluated 16 IDP technology vendors for Market Impact and Vision & Capability in this year’s PEAK Matrix™ Assessment. Everest Group mentions Leaders command higher overall satisfaction amongst their clients than Major Contenders and Aspirants. Leaders’ clients are highly satisfied with their product vision & roadmap, IDP product capabilities, and their ability to help them achieve better business outcomes.

“AntWorks is a Leader in Everest Group’s PEAK Matrix™ for IDP software products in 2019. It’s ANTstein™ platform takes a distinctive approach leveraging fractal science rather than neural networks for cognitive / ML capabilities,” commented Anil Vijayan, Practice Director at Everest Group. “Through distinct but integrated multi-format data ingestion, RPA, and IDP capabilities, it also offers the flexibility for enterprises to consume either in a full-stack or in a modular fashion. Driven by its platform’s ease of use, flexibility, and adaptability to changing business requirements, AntWorks has positioned itself for further success.”

“Our recognition as a Leader in IDP is a testament of our vision, strategy and market success with enterprise Integrated Automation Platform (IAP), ANTstein™ with our proprietary industry leading computer vision product – Cognitive Machine Reading (CMR). CMR provides superior results on data with small variances like business processes enabling higher straight through processing results,” said Asheesh Mehra, Co-Founder & Group CEO, AntWorks.

The report says that AntWorks’ ability to process unstructured data such as images, handwritten fields and signatures (verification) within documents and contextualise the extracted fields through natural language processing (NLP) has helped their enterprise clients automate document processing use cases such as title insurance, trade finance, and financial statements. The report also says that reference clients were highly satisfied with the flexibility of AntWorks to adapt to their changing business requirements and proactiveness in sharing their evolving product vision and roadmap on a regular basis.

Download the report here.

About AntWorks

AntWorks is a global artificial intelligence (AI) and intelligent automation company that creates new possibilities with data through digitisation, automation, and enterprise intelligence. As the world’s only platform that understands every data type, AntWorks’ Integrated Automation Platform, ANTstein, digitises every bit of information for a diverse range of industries. By creating human-like bots in a low-code/ no-code environment, ANTstein innovates new ways to automate complex processes. AntWorks’ solutions power up enterprises with accurate insights through an integrated, intelligent, technology stack that automates and learns independently. Put simply, it accelerates the new, constantly. ANTstein is also the first and singular Enterprise Intelligent Automation Platform powered by fractal science principles and pattern recognition.

Media contacts:

For further information, please contact:

Emma.Beaumont@Ant.Works
CMO
+6568185724

 

Everest Group Names AntWorks™ as a Leader in Intelligent Document Processing (IDP) PEAK Matrix™ Assessment 2019

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SOURCE AntWorks

Palo Alto Networks Completes Acquisition of Demisto

SANTA CLARA, Calif., March 28, 2019 /PRNewswire/ — Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, today announced it has completed its acquisition of Demisto, a leading cybersecurity company specializing in security orchestration, automation and response, or SOAR. The acquisition accelerates Palo Alto Networks Cortex™ AI-based continuous security platform strategy and further advances the company’s ability to deliver automated threat prevention and response for security teams.

Palo Alto Networks logo (PRNewsFoto/Palo Alto Networks, Inc.) (PRNewsfoto/Palo Alto Networks, Inc.)

“With the combination of Demisto and our existing threat prevention and response capabilities, we will be well-positioned to unlock the biggest challenges facing teams in security operations centers today,” said Nikesh Arora, CEO of Palo Alto Networks. “We are excited to welcome Demisto to Palo Alto Networks. While Demisto products will continue to be available to customers and partners, the integration of Demisto into Cortex will bring stronger automation and artificial intelligence capabilities to our platform, delivering greater protection across all environments.”

Demisto combines security orchestration and automation, incident management, and interactive investigation to help customers best leverage security tools and talent. Palo Alto Networks will build on the benefits Cortex brings to the SOC environment by making Demisto’s security orchestration and automation capabilities immediately available to customers. The company will continue to support integrations through the Demisto platform and will retain and build upon its open partner ecosystem.

Palo Alto Networks paid approximately $560 million in cash and stock, excluding purchase price adjustments, to acquire Demisto.

About Palo Alto Networks
We are the global cybersecurity leader, known for always challenging the security status quo. Our mission is to protect our way of life in the digital age by preventing successful cyberattacks. This has given us the privilege of safely enabling tens of thousands of organizations and their customers. Our pioneering Security Operating Platform emboldens their digital transformation with continuous innovation that seizes the latest breakthroughs in security, automation, and analytics. By delivering a true platform and empowering a growing ecosystem of change-makers like us, we provide highly effective and innovative cybersecurity across clouds, networks, and mobile devices.

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.

Forward-Looking Statements

This press release contains “forward-looking” statements that are based on our management’s beliefs and assumptions and on information currently available to management. Such forward-looking statements include statements regarding the expected benefits of the acquisition of Demisto to us, our market position, and our customers, the expected impact of the acquisition on our offerings, our expectations regarding our existing and acquired offerings performing as intended, our integration plans, and our expectations about the availability of Demisto’s products to customers and partners post-closing. These forward-looking statements are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including risks associated with new product and subscription releases, including our limited operating history; risks associated with managing our rapid growth; our ability as an organization to successfully integrate Demisto and acquire and integrate other companies, products or technologies in a successful manner; the risks associated with new products and subscription and support offerings, including the discovery of software bugs; our ability to attract and retain new customers; delays in the development or release of new subscription offerings, or the failure to timely develop and achieve market acceptance of new products and subscriptions as well as existing products and subscription and support offerings; rapidly evolving technological developments in the market for network security products and subscription and support offerings; length of sales cycles; and general market, political, economic and business conditions.

Additional risks and uncertainties are included under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our quarterly report on Form 10-Q filed with the Securities and Exchange Commission (“SEC”) on February 27, 2019, which is available on our website at investors.paloaltonetworks.com and on the SEC’s website at www.sec.gov. Additional information will also be set forth in other filings that we make with the SEC from time to time. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made or to update the reasons why actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future.

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SOURCE Palo Alto Networks, Inc.

Digi-Key Launches a BOM MTBF Prediction Service Empowered by BQR Reliability Digital Solutions

THIEF RIVER FALLS, Minn., March 28, 2019 /PRNewswire/ — Digi-Key Electronics, a global electronic components distributor, and BQR Reliability Engineering Ltd, a worldwide leader of Reliability and Maintenance Engineering solutions, present a collaboration to deliver a simple yet powerful Mean Time Between Failure (MTBF) calculator to support Digi-Key’s global customers.

BQR BOM MTBF Calculator Screenshot

Digi-Key has undertaken this venture to enable efficient and cost-effective use of BQR’s software solution in a SaaS mode to evaluate products’ Bill of Materials (BOM) MTBF.

“The new BOM MTBF application will enable Digi-Key customers to easily compare different BOMs MTBF, making sure the design meets the reliability goal early in the design process, before manufacturing,” said Yizhak Bot, Founder and CTO of BQR Reliability Engineering. “With Pareto reports showing the most unreliable components, it will ensure the selection of components that balance reliability and cost. It will also provide measures for warranty analysis, design reviews, tenders, product data sheets, and design trade-offs.”

This tool makes it easy and quick to calculate MTBF for BOMs of any size. All one needs to do is export the BOM file and click on “Launch Calculator” on the Digi-Key website and see the magic happen immediately. The online application includes a library smart data auto-complete for BOM components using AI, fast calculation engine, and detailed Pareto and graphic reports. This calculator is not only easy to use, but also 100% secure where the components library and results are saved on the user’s desktop (not on BQR server). 

Users can also conduct quick “What If” analyses, checking how a components quality level will increase the product MTBF.

“Digi-Key is excited to launch this new MTBF calculator which enables customers to see the component dependencies that their circuits are relying on and helps them determine the best mix of parts to use,” said Randall Restle, VP, Applications Engineering at Digi-Key. “Digi-Key and BQR want to make it fast and easy for customers to achieve their design and end-product goals.”

To launch the calculator, please visit the Digi-Key website.

About BQR Reliability Engineering Ltd

BQR Reliability Engineering Ltd is a worldwide leader in Reliability Engineering software and services for the electronic industry since 1989. BQR performed more than 3000 projects for global customers in various industries and gained much knowledge on how electronic systems operate and fail. This drove BQR to develop unique technologies such as the fiXtress, which conducts Automated Design Review improving products robustness and reliability.

The fiXtress is a plug-in module for E-CAD systems allowing engineers to detect hidden design error in schematics by simulation rather than in testing. The design errors/aspects that fiXtress covers are functional, electrical over stress, thermal, safety, testability and redundancy.

In addition, BQR developed the CARE (Computer Aided Reliability Engineering) and the apmOptimizer performing Predictive Maintenance optimization based on sensors readout and AI (Artificial Intelligence), reducing downtime and increasing manufacturing capabilities and assets owner’s profit.

For more information visit www.bqr.com.

About Digi-Key Electronics

Digi-Key Electronics, headquartered in Thief River Falls, Minn., USA, is an authorized global, full-service distributor of electronic components, offering more than 8.4 million products, with over 1.6 million in stock and available for immediate shipment, from over 750 quality name-brand manufacturers. Digi-Key also offers a wide variety of online resources such as EDA and design tools, datasheets, reference designs, instructional articles and videos, multimedia libraries, and much more. Technical support is available 24/7 via email, phone and webchat. Additional information and access to Digi-Key’s broad product offering can be found by visiting www.digikey.com.

Editorial Contact for Digi-Key Electronics

Kayla Krosschell
PR & Marketing Communications Specialist
1.800.338.4105 x1098
kayla.krosschell@digikey.com 
publicrelations@digikey.com

 

Digi-Key Electronics is a global electronic components distributor based in Thief River Falls, MN, USA. (PRNewsfoto/Digi-Key Electronics)

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SOURCE Digi-Key Electronics

Optanix Wins Best of Enterprise Connect 2019 Award in Best Application of AI Category

NEW YORK, March 28, 2019 /PRNewswire-PRWeb/ — Optanix, the leader in intelligent business service assurance, today announced it has been selected as a winner for the Best Application of Artificial Intelligence (AI) Category Award as part of the Best of Enterprise Connect (BOEC) Award program. Winners of the BOEC Award and associated category awards were announced at Enterprise Connect on March 19 in Orlando, Florida. Optanix was selected for its service assurance platform’s use of advanced analytics and intelligence to provide predictive and proactive full-stack monitoring and management of IT infrastructure and services.

The Optanix Platform provides predictive and proactive business service assurance across hybrid infrastructures. Its actionable intelligence helps prioritize and address problems before they impact critical business services to protect revenue, improve customer experience and reduce IT costs.

It works by providing full-stack monitoring – with top-to-bottom management of the IT infrastructure and services – that powers advanced analytics and root cause analysis. These features combine to predictively and proactively detect new and impending problems and quickly analyze them from multiple angles to find their true cause and provide actionable intelligence.

Winners of this year’s BOEC Awards were selected by a panel of four independent judges that evaluated all submissions with an eye on factors like technology advancement, innovation, differentiation, scope/reach, relevancy for large/midmarket enterprises, pricing and business impact. The Best Application of AI Category Award featured five finalists and two winners. Along with Optanix, Amazon Web Services (AWS) was selected as a winner for their Amazon Connect offering. Runners-up included Noble Systems for its Conversations Analytics Now offering, Omilia for its Natural Language Understanding and Dialog Management platform, and Voximplant for its Dialogflow Connector offering.

When evaluating Optanix’s submission, the BOEC Judging Committee focused primarily on the Optanix Platform’s Predictive Analysis features. Predictive Analysis takes advantage of dynamic baselining, deviations from these baselines and/or abnormal rates of change to make projections determining potential issues and Mean Time to Threshold. If potential issues are impending, proactive alerts are created, allowing IT managers to take steps to avert problems – such as outages, performance degradations or loss of resiliency – before critical business services are impacted.

“We are incredibly honored and excited to have won the first ever Best Application of AI Category Award in the Best of Enterprise Connect Award program,” said Mike Crest, CEO of Optanix. “This recognition validates the advances we have made toward harnessing artificial intelligence and machine learning to provide actionable intelligence that enables Optanix Platform users to assure the performance of critical business services.” 

ABOUT OPTANIX
Optanix is the leader in intelligent business service assurance. The Optanix Platform delivers predictive and proactive performance and availability management across hybrid infrastructures, with a focus on real-time communications use-cases. It is available as a standalone solution or as the engine behind Optanix’s managed service offerings. For more information, please visit http://www.optanix.com.

ABOUT ENTERPRISE CONNECT
For more than 28 years, Enterprise Connect has been the leading conference and exhibition for enterprise Unified Communications and Collaboration in North America. Enterprise Connect brings corporate IT decision makers together with the industry’s vendors, analysts and consultants to focus on the issues central to enterprise networks and communications. Enterprise Connect owns and produces No Jitter (nojitter.com), providing daily blogging and analysis of enterprise communications, and it also serves the community with a weekly email newsletter, research surveys and a Webinar Series. For more information, visit enterpriseconnect.com/orlando. Enterprise Connect is organized by UBM, which in June 2018 combined with Informa PLC to become a leading B2B information services group and the largest B2B Events organizer in the world. To learn more and for the latest news and information, visit http://www.ubm.com and http://www.informa.com.

 

SOURCE Optanix

INSEC WORLD 2019 to be held in Hong Kong this September

SHANGHAI, March 28, 2019 /PRNewswire/ — Backed by the Guangdong-Hong Kong-Macau Greater Bay Area with abundant technology talents and developed financial market, INSEC WORLD 2019 will be launched in Hong Kong during the National Information Security Week this September. The event is hosted by UBM Asia.

Lately, a few surprising events have brought more attention to data security, for example several high profile security breaches and incidents have lead to user data being compromised, difficulties accessing critical resources, etc. With the rapid development of Internet of Things (IoT), Artificial Intelligence (AI), Fintech, e-commerce, big data, Smart City and others, the dependency on information technology is increasing, and information security and cyber security will become the biggest hidden trouble to it.

While information security issues have raised increasing concern at home and abroad, investment in information security globally has also skyrocketed. According to Gartner, the global cyber security market size was valued at US$98.986 billion in 2017. In regional distribution, North America, Western Europe, and Asia Pacific were still in a three-way tie, with a combined market share of over 90%. Specifically, the North American market led by the United States and Canada in 2017 reached US$40.876 billion, an increase of 9.2% compared with 2016, or accounting for 41.29% of the market size worldwide to firmly secure the world’s largest share; the industry in 16 Western European countries including the UK, Germany and Finland in 2017 totalled US$26.729 billion, a year-on-year increase of 6.5%, with a global share of 27%; The industry in 10 Asian-Pacific countries including Japan, Australia, China and India amounted to US$22.508 billion in 2017, up by 9.5% year-on-year, with a global share of 22.7%. There is considerable room for improvement in the AsiaPacific market.

As the organiser of Black Hat, the world’s top information security event, UBM plc will also integrate Dark Reading, its largest network security information platform in the world, and Information Week, one of the world’s three major IT media outlets.

INSEC WORLD 2019

The INSEC WORLD 2019, hosted by UBM Asia, takes place in Hong Kong from September 22-25. The organiser will invite a brain trust of leaders in the security community globally to attend the event hosted by an independent third party. A legion of big names in tech including Jeff Moss and Kevin Mitnick are likely to be present at the event, together with approximately 2,000 executives, IT supervisors and technical personnel alike from the information technology, communications, government, finance, academic institution, healthcare, retail and other related sectors on the scene, to explore industry hotspots, applications and trends.

Held over four days, the INSEC WORLD 2019 will launch advanced training (September 22-23), and conference and exhibitions (September 24-25) at the Hong Kong Cyberport and Hong Kong Convention and Exhibition Centre, respectively. The advanced training will be offered by lecturers composed of top technical experts in information security, with the course content covering database, mobile network, mobile applications, IoT, automotive electronic systems, infrastructure, system applications, open source intelligence, malware analysis and cloud security. As well as focusing on macroscopic discussions oriented at the information security challenges faced in the construction of Smart Cities, the opportunities, challenges and risk arising from fintech, network information security, big data, AI, IoT and other practical applications, the main forum will also invite noted international professionals to deliver keynote speeches. 9 parallel sessions will feature a combination of technology, application and management, vertically targeting the deep application level of the industry and horizontally covering cross-industry hot issues, including endpoint security, software/application security, cloud security, mobile security, wireless security, blockchain, personal data privacy, mobile payment, new retail, e-commerce, emergency response, risk assessment, legal compliance, security talent management, security automation, and more.

In addition, the conference will also set up a Product and Solution Demonstration Area outside the main convention hall in the Hong Kong Convention and Exhibition Centre to provide information security vendors and technical service providers alike with a platform for them to communicate with potential users more directly. The demonstration area also contains a Sci-Tech Innovation Incubation Zone, which provides a stage for independent developers, start-up studios, students and other related groups to showcase their development tools and function programs free of charge.

INSEC WORLD 2019 Schedule

Notably, this year’s INSEC WORLD will launch a talent session. The event comes at a time when the state is ramping up its efforts to build the Guangdong-Hong Kong-Macao Greater Bay Area and international sci-tech innovation centres, and encourage scientific and technological talents from universities and research institutes across the country to get involved in the technology innovation activities in the Guangdong-Hong Kong-Macao Greater Bay Area. The organiser works with Hong Kong Cyberport and well-known colleges and universities to launch a talent plan, with an aim to provide a shortcut for expanding the talent pool of companies. On top of that, the conference also launches investment and financing sessions to build a bridge for start-ups, teams and investment enterprises to conduct cooperation in technology and business.

INSEC WORLD is committed to building an information security technology exchange platform with unprecedented size and solid professional foundation in the Asia-Pacific region, getting through technical barriers, and releasing industry needs. It will explore technology trends and concepts, aiming to provide an independent third-party platform for the information security industry and further promote cooperation and exchanges between enterprises and users. As the world’s largest trade show organiser, UBM will also provide integrated marketing and business matchmaking through its brand and media resources all over the world, creating tremendous business opportunities for security vendors.

For more information about INSEC WORLD, please visit the official website (www.insecworld.com) to keep track of the event news. Or, send an email at insecworld@ubm.com for how to participate, exhibit and sponsor as well as media cooperation.

About the Organiser:

INSEC WORLD is hosted by UBM Asia, the world’s leading trade show organiser. In June 2018, UBM and Informa PLC formally merged to create the world’s leading business-to-business (B2B) information service group and the largest trade show organiser in the world. The new Informa PLC owns and operates more than 500 leading exhibition brands with more than 11,000 employees, serving 15 core vertical industries including health and nutrition, life sciences and pharmaceuticals, real estate and construction. In addition, Informa also has a range of complementary conference brands, professional information service and smart brands, with strong B2B business consulting and marketing capabilities. Through consolidation and expansion, Informa will further expand its business in growth markets such as the US, China, India, Brazil, the Middle East, Europe and the UK.

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Asimov Selected by DARPA to Develop Artificial Intelligence Design Engine for Synthetic Biology

CAMBRIDGE, Mass., March 28, 2019 /PRNewswire/ — Asimov, the synthetic biology company building a full-stack platform to program living cells, announced today it has been awarded a contract as part of the Defense Advanced Research Projects Agency (DARPA) Automating Scientific Knowledge Extraction (ASKE) opportunity.

Through ASKE, Asimov will work to develop a physics-based artificial intelligence (AI) design engine for biology. The goal of the initiative is to improve the reliability of programming complex cellular behaviors.

“To achieve truly predictive engineering of biology, we require dramatic advances in computer-aided design. Machine learning will be critical to bridge genome-scale experimental data with computational models that accurately capture the underlying biophysics,” said Alec Nielsen, Ph.D., Asimov CEO and principal investigator in the program. “As genetically engineered systems grow in complexity, they become difficult for humans to design and understand. For simple genetic systems with only a couple of genes, synthetic biologists typically use high-throughput screening and basic optimization algorithms. But to engineer more complex applications in health, materials, and manufacturing, we need radically new algorithms to intelligently design the DNA and simulate cell behavior.”

Asimov’s founders previously built a hybrid genetic engineering and computer-aided design platform called Cello to program logic circuit behaviors in cells. The ASKE opportunity will seek to support an ambitious expansion in the types of biological behaviors that can be engineered.

Asimov’s approach will leverage “multi-omics” cellular measurements, structured biological metadata, and novel AI architectures that combine deep learning, reinforcement learning, and mechanistic modeling. Over the past year, the company has ramped up hiring in experimental synthetic biology, machine learning, and data science to accelerate development of their genetic design platform.

DARPA recently announced a multi-year investment of $2B into innovative artificial intelligence research called the AI Next campaign. A part of this wide-ranging AI strategy is DARPA’s Artificial Intelligence Exploration program, which was developed to help expeditiously move pioneering AI research from idea to exploration in fewer than 90 days. DARPA’s ASKE opportunity is part of this program and is focused on developing AI technologies that can reason over rich models of complex systems.

“Over the past 50 years, DARPA has been a world leader in spurring innovation across the field of AI, including statistical-learning and rule-based approaches. We are proud to work with DARPA to advance the state-of-the-art in AI-assisted genetic engineering,” said Nielsen.

About Asimov: Asimov is the synthetic biology company building a full-stack genetic design platform to program living cells. Asimov’s multi-disciplinary team combines genetic engineering, design automation, and artificial intelligence to enable new applications in molecular manufacturing and therapeutics. For more information visit www.asimov.io.

TWEET THIS: Synthetic biology co @asimov_io announces it has been awarded @DARPA contract to develop physics-based AI engine for genetic design https://bit.ly/2Wr3w89

FOR MORE INFORMATION, PLEASE CONTACT: Dr. Alec Nielson, alec@asimov.io

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SOURCE Asimov

Coral Detection Systems Unveils the First and Only Drowning Detection for Residential Swimming Pools

LOS ANGELES, March 28, 2019 /PRNewswire-PRWeb/ — Coral Detection Systems, a manufacturer of pool safety devices, has unveiled the first and only drowning detection system for residential swimming pools. The Coral Manta 3000 is a state-of-the-art system that uses an underwater video camera to analyze the underwater scene to detect and track people 24/7.

The Coral Manta 3000 detection system, which is solar powered, uses Artificial Intelligence technology and an advanced algorithm to detect risk of drowning 24/7. The product’s development, which started in 2014, has gone through rigorous testing and produced countless case studies deeming the system the most innovative detection system for residential pools. The Coral Manta 3000 can be used for both above-ground and in-ground pools and was developed and tested for pools of lengths up to eleven yards.

“This system offers a peace of mind that no other pool safety device can provide” says Eyal Golan, Founder & CEO of Coral Detection Systems.

“Other pool safety devices such as fences, pool covers or pool alarms merely address the outer layer of safety by preventing access to the pool. Thus, they need to be opened or de-activated when accessing the pool. Coral Manta 3000 on the other hand provides protection to children and adults also when they are inside of the pool – a safety layer which was not available until Coral’s debut,” he adds.

And this is not all. “When talking about drowning, people mainly think of children., but we must remember that 45% of all drownings are not children. For teenagers and adults a pool cover, fence or alarm are not really a barrier, yet Coral is always there,” stresses Golan.

The detection system is a Plug and Play self-installed system that sends smartphone alerts and notifications when someone enters the pool or at any risk of drowning. It also provides in-home indication and alarms, offering real-time underwater images on demand. Compared to perimeter fences, pool covers, pool alarms, and swim bands, the Coral Manta 3000 is the only pool safety system that detects drowning and sends actionable alerts all while remaining on at all times.

Coral Manta 3000 is currently available online on the Coral Detection Systems web site, (not yet) and in the near future through select specialty retailers. The Manufacturer Suggested Retail Price (MSRP) is $1999.00. For more information on Coral Detection Systems, please visit http://www.coraldrowningdetection.com.

About Coral Detection Systems

Coral Detection Systems was founded by Eyal Golan (Founder & CEO) and Dr. Tamar Avraham (Founder & CTO) both whom have over 20 years of experience within the software development industry. Currently, Coral Detection Systems primary product is the Coral Manta 3000 with plans for new products in the near future. For more information on Coral Detection Systems, please visit http://www.coraldrowningdetection.com.

 

SOURCE Coral Detection Systems

Global Predictive Analytics Market Analysis, Trends, Market Size, and Forecasts, 2018-2019 & 2024

DUBLIN, March 28, 2019 /PRNewswire/ — The “Predictive analytics market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2024” report has been added to ResearchAndMarkets.com’s offering.

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The report predicts the global predictive analytics market to grow with a CAGR of 22.1% over the forecast period from 2018-2024

The report on the global predictive analytics market provides qualitative and quantitative analysis for the period from 2016 to 2024. The study on the predictive analytics market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2016 to 2024.

The report on predictive analytics market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global predictive analytics market over the period of 2016 to 2024. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter’s five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global predictive analytics market over the period of 2016 to 2024. Further, the author’s growth matrix given in the report brings an insight into the investment areas that existing or new market players can consider.

Report Findings

1. Drivers

  • Rising demand for advanced analytics to predict future outcomes and customer requirements
  • Increase in the establishment of small and medium-sized businesses
  • Advancements in cloud-based services
  • Capability to make a fact-based decision

2. Restraints

  • The complexity of the process
  • Frequent changes in regulations

3. Opportunities

  • Ongoing advancement in technologies such as artificial intelligence
  • Growing demand for the better analytic tool from the small and medium-sized businesses

What does this report deliver?

1. Comprehensive analysis of the global as well as regional markets of the predictive analytics market.
2. Complete coverage of all the segments in the predictive analytics market to analyze the trends, developments in the global market and forecast of market size up to 2024.
3. Comprehensive analysis of the companies operating in the global predictive analytics market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
4. The growth matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

Key Topics Covered:

1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches

2. Executive Summary
2.1. Predictive Analytics Market Highlights
2.2. Predictive Analytics Market Projection
2.3. Predictive Analytics Market Regional Highlights

3. Global Predictive Analytics Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter’s Five Forces Analysis
3.4. Growth Matrix Analysis
3.4.1. Growth Matrix Analysis by Components
3.4.2. Growth Matrix Analysis by Organization Size
3.4.3. Growth Matrix Analysis by Delivery Mode
3.4.4. Growth Matrix Analysis by Application
3.4.5. Growth Matrix Analysis by End User
3.4.6. Growth Matrix Analysis by Region
3.5. Value Chain Analysis of Predictive Analytics Market

4. Predictive Analytics Market Macro Indicator Analysis

5. Global Predictive Analytics Market by Components
5.1. Solutions
5.1.1. Risk Analytics
5.1.2. Marketing Analytics
5.1.3. Financial Analytics
5.1.4. Web and Social Media Analytics
5.1.5. Supply Chain Analytics
5.1.6. Customer Analytics
5.1.7. Others
5.2. Services
5.2.1. Professional Services
5.2.2. Managed Services
5.2.3. Others

6. Global Predictive Analytics Market by Organization Size
6.1. Large Enterprises
6.2. Small & Medium Enterprises (SMES)

7. Global Predictive Analytics Market by Delivery Mode
7.1. Cloud-based Technology
7.2. On-Premise Installation

8. Global Predictive Analytics Market by Application
8.1. Sales & Marketing Management
8.2. Supply Chain Management
8.3. Risk Management
8.4. Operations Management
8.5. Workforce Management
8.6. Network Management
8.7. Other Applications

9. Global Predictive Analytics Market by End User
9.1. Telecom & IT
9.2. BFSI
9.3. Healthcare
9.4. Government, Public Administration & Utilities
9.5. Retail and Ecommerce
9.6. Energy and Utilities
9.7. Manufacturing
9.8. Others

10. Global Predictive Analytics Market by Region 2018-2024

11. Company Profiles and Competitive Landscape
11.1.Competitive Landscape in the Global Predictive Analytics Market
11.2.Companies Profiles
11.2.1. IBM Corporation
11.2.2. Oracle Advanced Analytics
11.2.3. Manthan Software Services Pvt. Ltd.
11.2.4. SAP SE
11.2.5. NTT Data Corporation
11.2.6. Fair Isaac Corporation.
11.2.7. Mu Sigma.
11.2.8. TIBCO Software Inc
11.2.9. Microsoft Corporation
11.2.10. SAS Institute Inc

For more information about this report visit https://www.researchandmarkets.com/research/3tnxmm/global_predictive?w=5

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SOURCE Research and Markets