Press Releases

Socure Raises $13.9M Funding to Fuel Its Beyond-Human Digital Identity Verification Business

NEW YORK, Aug. 9, 2017 /PRNewswire/ — Socure, a leading provider of digital identity verification predictive analytics technology, announced today that it has closed a $13.9 million Series B round of funding led by Commerce Ventures, with participation from Flint Capital, Work-Bench, Santander InnoVentures and Two Sigma Ventures, among others. The company recently announced a Series A-1 funding round in early December 2016 bringing total funding to date to $27.5 million. This round will enable Socure to scale sales and support operations, build out its infrastructure and drive market expansion. Socure’s innovative machine learning solutions are quickly replacing people and legacy systems at major financial services and ecommerce institutions.

With customers including a top 5 US bank, a top 5 global money transfer provider, a top 10 US card issuer and many of the leading digital banks, lenders and insurers, Socure continues to reimagine digital identity verification, leveraging its artificial intelligence and machine-learning techniques. Digital commerce is now a market mandate, forcing companies to be able to identify, acquire, and trust new digital customers or risk limiting revenue growth.

“In an increasingly digital world, establishing identity is critical to the success of the next-generation financial services and commerce eco-systems,” said Dan Rosen, Partner of Commerce Ventures.  “Socure has become a leader in digital identity verification by applying state of the art machine learning technologies to 300-plus identity-relevant data sources. We are very excited to join Socure as they continue their growth and expand into new markets.”

Security and fraud prevention continue to remain key issues in the financial services industry. In an age where breaches are not uncommon, the more traditional approaches to digital identity verification are not helping the market meet growth goals. Socure’s technology has demonstrated market leadership boasting the most experience and understanding within this burgeoning segment. Leading companies rely on Socure’s highly accurate technology to accept more new customers while dramatically reducing fraud.

“Socure continues to prove they are the next generation solution for digital identity verification and fraud prevention,” said Sergey Gribov, Partner at Flint Capital. “Flint Capital is thrilled to support the company in its continued growth and proud to see them continuously being known as a trusted vendor for leading financial institutions.”

Mariano Belinky, Managing Partner at Santander InnoVentures said, “At Santander, we make investments where we spot an opportunity that can add value to banking customers. Identity verification is a crucial step in any banking process and Socure is at the forefront of innovation in this space.” Belinky added, “There is enormous potential for tackling the issue of financial inclusion, with the help of Socure, where citizens may be excluded from the banking system simply because they lack traditional credit records used for identity verification. We’re delighted to support Socure’s Series B round and look forward to what is to come.”

“Socure’s market success illustrates an increasing appetite for machine learning based identity verification solutions to meet the demands of today’s digital businesses and demanding digital consumers,” said Sunil Madhu, CEO and Co-Founder of Socure. “The funding will help us meet the increasing demand by accelerating market penetration in current and new markets, while maintaining our leadership position in the digital identity verification market.”

Socure will be announcing its latest platform in addition to a new partnership at the upcoming Finovate Fall conference in early September.

About Socure
Socure is the leader in creating high-assurance digital identity verification technology. Its predictive analytics platform applies artificial intelligence and machine-learning techniques with trusted online/offline data intelligence from email, phone, address, IP, social media and the broader Internet to authenticate identities in real-time. Socure powers financial inclusion, increasing acceptance as much as 40 percent for millennials and other thin-file consumers. It also bolsters CIP/KYC programs and AML compliance for enterprises in the US, helping them to reduce fraud up to 80 percent and lower manual review costs as much as 90 percent. Socure was founded in 2012 and is based in New York City.

About Commerce Ventures
Commerce Ventures is a venture firm focused on digital innovations in the FinTech, Payments and Commerce eco-systems.  Our firm represents a broad, highly strategic set of investors and, thus far, we have invested in over forty portfolio companies since 2013, including (SaaS Platform for B2B payments), Blooom (Retirement Advice Simplified), InAuth (Mobile Fraud Prevention Platform), Forter (Fraud Decisions-as-a-Service), Marqeta (Next-generation Issuing Platform), MX (Saas Platform for Omnichannel Banking), Narvar (SaaS Platform for E-commerce Fulfillment), RetailNext (In-store Analytics), Snapsheet (Auto Insurance Self-service Platform), Tulip Retail (Store Associate Platform for Clienteling and mPOS), Updater (Leading Online Address Change Provider) and Vestwell (Turnkey Retirement Platform for SMBs). 

About Flint Capital
Flint Capital is an international venture capital fund established by IT entrepreneurs with the primary mission of discovering and supporting bold-thinking founders and their teams from Europe, Israel and US across a number of industries. Flint capital leads funding rounds at the Seed, Series A and Series B stages, focusing on companies that have the potential to disrupt their respective industries. 

About Santander InnoVentures
Santander InnoVentures is a FinTech venture capital fund fully-owned by Grupo Santander. The fund is stage-agnostic and invests both capital and resources in companies globally. It focuses on start-ups that can increase the value proposition to Santander Customers across the Group’s 10 major geographies, while creating value for the companies it invests in.

About Two Sigma Ventures
Two Sigma Ventures invests in companies run by highly driven people with potentially world-changing ideas. They seek out companies using technology, computing, mathematics, or data to tackle hard problems, and aim to help them thrive.

Tweet Text: Digital Identity Verification Co. @SocureMe adds $13.9M in funding to fuel market expansion:

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Amplero Recognized on Constellation ShortList™ for Marketing Analytics Solutions

SEATTLE, Aug. 9, 2017 /PRNewswire/ — Amplero, a recognized leader in leveraging artificial intelligence marketing to maximize customer lifetime value and loyalty, today announced it was named to the Constellation ShortList™ for Marketing Analytics Solutions in Q3 2017. To remain competitive in the continually evolving business environment, organizations must implement technologies that not only complement existing strategies but also support radical transformation of business models. The technology vendors included on the Constellation ShortList provide the key functionality and requirements for early adopters pursuing digital transformation initiatives.

Amplero Logo (PRNewsFoto/Amplero)

With nearly every industry facing disruption from innovative competitors and category outsiders, the companies that thrive possess the capability to deliver relevant, personalized experiences fluidly across every channel. The Amplero Artificial Intelligence Marketing (AIM) Platform leverages machine learning and multi-armed bandit experimentation to deliver highly contextual, cross-channel customer experiences throughout the entire customer lifecycle. Partnering with customer-obsessed B2C brands, such as Sprint, Virgin Mobile, and Xbox, Amplero provides measurable lift across customer lifetime value metrics and liberates marketers from traditional rules-based processes.

“We believe Amplero’s recognition in Constellation’s Marketing Analytics Solutions Report validates the impact artificial intelligence marketing is having in finally fulfilling the promise of prescriptive analytics for global brands,” said Olly Downs, PhD, CEO of Amplero. “It’s no longer enough to simply gain deep-dive behavioral insights about your customer. Through the Amplero AIM Platform, marketers are not only provided machine learning-driven insights at a scale not humanly possible, but intelligent action is taken for them to automatically exploit the positive impacts identified across thousands of recursive tests, resulting in significant lift in core business KPIs like topline revenue, customer engagement, and retention.”

“The right timing, teams and technology are the three Ts for crafting digital business models to achieve digital transformation success,” said R “Ray” Wang, chairman and founder at Constellation Research. “Each Constellation ShortList, researched and curated by our analysts, guides early adopters in identifying the right technologies to build successful and competitive programs.”

Constellation advises leaders and teams on leveraging disruptive technologies to achieve business model transformation. Products and services named to the Constellation ShortList meet the threshold criteria for this category as determined by Constellation Research through client inquiries, partner conversations, customer references, vendor selection projects, market share and internal research. The Constellation ShortList is frequently updated as market conditions change

About Amplero
Headquartered in Seattle, Amplero is an Artificial Intelligence Marketing (AIM) company that enables business-to-consumer (B2C) marketers at global brands to optimize customer lifetime value at a scale that is not humanly possible. 

Unlike traditional rules-based marketing automation systems, Amplero’s Artificial Intelligence Marketing Platform leverages machine learning and multi-armed bandit experimentation to dynamically test thousands of permutations to adaptively optimize every customer interaction and maximize customer lifetime value and loyalty. 

With Amplero, marketers in competitive, customer-obsessed industries like telecom, banking, gaming and consumer tech are currently seeing measurable lift across key performance indicators-including 1-3% incremental growth in customer topline revenue and 3-5x lift in retention rates. 

For more information, visit   

Constellation Research does not endorse any solution or service named in its research.

About Constellation Research
Constellation Research is an award-winning, Silicon Valley-based strategic advisory and futurist research firm. Constellation’s analysts serve as innovation advisors for leaders and Global 2000 organizations navigating the challenges of business-model disruption and transformation. Unlike legacy analyst firms, Constellation works closely with solution providers, partners, and its Constellation Executive Network of innovative buy-side leaders, C-suite executives and board of directors to lead the way in disrupting technology and research coverage areas. The goal – deliver to clients what they need to achieve valuable business results.

For more information about Constellation Research, visit


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SME’s Canadian Manufacturing Technology Show: Resources, Knowledge and the Coming New World of Manufacturing

TORONTO, Aug. 9, 2017 /PRNewswire-USNewswire/ — New challenges and opportunities are coming in Canada’s manufacturing sector in the very near future. That topic is among the highlights of the 2017 Canadian Manufacturing Technology Show (CMTS), produced by SME, and returning to The International Centre in Mississauga, Ontario, Canada, Sept. 25–28.

SME logo (PRNewsFoto/SME)

Manufacturing is a critical component of Canada’s economy. More than 1.7 million Canadians are employed at 90,000 manufacturing enterprises across the country, contributing $610 billion to the nation’s GDP, and trends indicate the industry is growing.

“The Future Belongs to Those Who Are Fast!” keynote address by noted futurist Jim Carroll will kick off CMTS on Monday, Sept. 25 at 9 a.m.

“There are a tremendous number of trends affecting the manufacturing sector right now,” Carroll says, “Including bio-mimicry, 3D printing, robotics, virtual reality, artificial intelligence and the Internet of Things (IoT).”

Carroll notes that a prepared enterprise’s question isn’t “When should we get involved in those new trends and technologies?” Rather, it’s “Are we ready for the new world of manufacturing?”

“Don’t ignore potentially disruptive technology during the early days; instead, make sure you are learning, experimenting and gaining expertise in promising new technologies,” Carroll says. “Think big, start small and scale fast.”

Now in its fourth decade, CMTS will also feature technology exhibits, displays and demonstrations from more than 700 suppliers and OEMs. The 9,000 manufacturing professionals attending will also have access to the Advanced Manufacturing Canada and RAPID Canada conferences, each offering presentations and panel discussions related to the latest developments in additive manufacturing, automation economics, automation and robotics, workforce development and more.

For more information, or to register, visit

About CMTS:

The Canadian Manufacturing Technology show is Canada’s largest and most influential manufacturing event. For more than 40 years, CMTS has connected manufacturers of all sizes and from all sectors to the equipment, technologies, services and experts best suited to streamline operations and improve results. Learn more at, follow @SME_Canada or

About SME: 
SME connects all those who are passionate about making things that improve our world. As a nonprofit organization, SME has served practitioners, companies, educators, government and communities across the manufacturing spectrum for more than 80 years. Through its strategic areas of events, media, membership, training and development, and the SME Education Foundation, SME is uniquely dedicated to the advancement of manufacturing by addressing both knowledge and skills needed for the industry. Learn more at, follow @SME_MFG on Twitter or


Ashley Areeda

SME Public Relations

313 425 3187



Teradata PARTNERS Conference at The Edge of Next: Data Science, Smart Cities, AI, Connected Cars, Hybrid Cloud

SAN DIEGO, Aug. 9, 2017 /PRNewswire/ — Teradata (NYSE: TDC), the leading data and analytics company, announced details of the Teradata PARTNERS Conference 2017 to be held October 22-26 at the Anaheim Convention Center, Anaheim, California. The conference is the premiere customer-led global data and analytics event for visionaries, change agents, industry leaders, and practitioners looking to extract more value from their data.   

Teradata Corporation logo. (PRNewsFoto/Teradata)

At this year’s conference themed “The Edge of Next” attendees can choose from more than 200 sessions focused on creating transformational business outcomes through the Internet of Things (IoT), Data Science, Smart Cities, Connected Cars, Hybrid Cloud and Artificial Intelligence.

Global Teradata customers across industries will share their experiences, such as moving to the cloud, connecting customer and market data to business strategy, illustrating how banks build credit risk models, revealing how retailers use data-driven analysis to create competitive advantage, relating how experts use ‘sensor data qualification’ to take charge of the Analytics of Things, and more. Hear how a North American department store is expanding worldwide through a data-driven omni-channel platform, and how the Utah Jazz use sports analytics to revolutionize fan experiences.

Join two top representatives from the Cleveland Clinic as they describe the data governance, strategy and approach to providing high quality data quickly in the clinic’s fast-paced environment as they optimize treatments as well as business value.

Diamond and platinum event sponsors on site include Teradata ecosystem partners Alation, HPE Security-Data Security, MicroStrategy, NetApp, Protegrity, SAS, and WhereScape. Teradata partners and customers will be recognized for their achievements using data and analytics at Monday evening’s annual Teradata EPIC Awards ceremony, celebrating its 10th anniversary.  

On Sunday, Teradata will announce big news: future-facing product and services breakthroughs and offerings. Those who register for PARTNERS will be among the first to know.

Katie Linendoll, an Emmy-winning TV personality and tech expert, will return to emcee both general sessions. Linendoll is a popular speaker and journalist who has reported for NBC’s Today show, Fox News, and CNN. Linendoll will also be a guest anchor on the live news desk.

Monday’s keynote speaker is Joi Ito, Director of the MIT Media Lab and coauthor of Whiplash: How to Survive Our Faster Future. Joi Ito combines exceptional academic and practical experience to offer an unmatched bird’s-eye view of new technologies beyond the horizon.

Wednesday’s keynote speaker is Jason Silva, host of National Geographic’s Brain Games, new series ORIGINS, and creator of Shots of Awe.

Teradata executives Victor Lund, CEO, Oliver Ratzesberger, Executive Vice President and Chief Product Officer, and Rick Farnell, Senior Vice President, Think Big Analytics will share views on the community of Teradata today and tomorrow during the general session on Monday. Conference breakout sessions will be led by expert practitioners including Ticketmaster, NXP Semiconductors, 3M, Paypal, Yahoo Japan, Danske Bank, Nationwide, eBay,, Vodafone, Rakuten, Lufthansa, and this year, specialists working with the NBA team Utah Jazz. Teradata CTO standout Stephen Brobst will lead futuristic sessions that always draw standing-room-only crowds.

New ‘Meet-Up’ sessions on Tuesday connect small groups with subject matter experts who will facilitate meaningful discussions – no lectures, no PowerPoint, just interactive discussion.

University student-led sessions include winners of the Northwestern University Hackathon event in May – and academic thought leaders from Stanford, Oxford and Harvard will be speaking. Top IT analysts will also lead sessions on the latest trends and forecasts.

This year’s Teradata PARTNERS Virtual Conference is now free to attend, streaming live and on-demand for up to 90 days, from anywhere in the world. This includes Livestream general sessions, 40 breakout sessions, and 45 live news desk interviews. Interact with Teradata experts and partners in a virtual expo hall, and network with other virtual conference peers. Teradata PARTNERS Virtual Conference runs live for three days from October 23-25, 2017.

Teradata Cares is inviting attendees to meet in the Expo Hall on Tuesday from 11am to 3pm for an important group activity to benefit and help support families of foster children in the Anaheim area.  The Teradata Cares team needs help building beds, dressers, stuffing bears and tying blankets for Extraordinary Families, Our Small World Foster Family Agency and others.

PARTNERS reaches its crescendo during Wednesday evening’s Gala Event at The House of Blues in Anaheim, featuring Grammy Award®-nominated Mississippi rock band 3 Doors Down.

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About Teradata

Teradata empowers companies to achieve high-impact business outcomes. Our focus on business solutions for analytics, coupled with our industry leading technology and architecture expertise, can unleash the potential of great companies. Visit  

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High Performance Computing (HPC) Market Escalates to USD 33 Billion by 2022 at 5% of CAGR

PUNE, India, Aug. 8, 2017 /PRNewswire/ — Market Research Future published a half-Cooked research report on “Global High-Performance Computing (HPC) Market Research Report – Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Research Reports. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

IBM Corporation (U.S.), Hewlett-Packard Company (U.S.), Intel Corporation (U.S.), Microsoft Corporation (U.S.), Cisco Systems, Inc. (U.S.), Advanced Micro Devices, Inc. (U.S.), Fujitsu Ltd (Japan), Oracle Corporation (U.S.), Dell Inc. (U.S.), and Hitachi Data System Corporation (U.S.) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global High-Performance Computing (HPC) Market.

High Performance Computing (HPC) Market – Overview

The Global High-Performance Computing (HPC) Market is growing with the rapid pace; mainly due to the high demands for scientific advances, industrial innovation and economic competitiveness. In 2015, sales of HPC systems were a lot higher than predicted, according to a recent study report published by the Market Research Future, the global High Performance Computing (HPC) Market will continue to outpace the overall IT market with prominence over the forecast period.  The global High Performance Computing Market is expected to grow at approximately USD 33 Billion by 2022, at a CAGR of approx. 5% between 2016 and 2022.

The high-performance computing currently is playing a significant role in training and simulation, on-board systems for navigation, defence, and attack; and command, control, communications, intelligence, computers, surveillance, and reconnaissance. HPC is emerging as a prominent technology for the national defence and security requirements.  High performance computing contributes substantially to the design and development of advanced vehicles and weapons, planning and execution of operational military scenarios, the intelligence problems of cryptanalysis and image processing, the maintenance of nuclear stockpile. Due to which nations and regions across the world, as well as businesses, are increasing their investments in high performance computing. In addition, the global race to achieve exascale performance will propel the market growth of HPC. Moreover, HPC’s need in big data market or a high performance data analysis, or HPDA is contributing to the market growth of HPC. On the other hand, HPDA challenges have moved HPC to the forefront of R&D for machine learning, deep learning, artificial intelligence, and the Internet of Things.

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However, the high computational cost of technology may pose as a restraint to the HPC market growth.  Adversely, the advancement in technology across several domains is leading to the emergence of high performance computing market. The vertical of high performance computing is growing at a rapid rate. High performance computing techniques is mainly used in myriad defence and aerospace verticals.

The internet revolution, increase in computational complexity, emergence of big data and the high amount of governmental interest and investments are some of the factors that foster the market growth of HPC. New innovative HPC models dictate a huge growth potential across industries, besides opportunities in cloud computing, improvement in storage and data management conveniences are some of prominent factors that provide impetus to the market growth of HPC.

The high computing software offers a solid framework for solving the challenging, large-scale mathematical problems. It also includes automatic parallelism, multithreaded programming, multi process programming on the local grid, grid computing and math-aware programming language.

High Performance Computing (HPC) Market – Competitive Analysis

Characterized by the presence of several well-established and small players, the global Market of High Performance Computing (HPC) appears to be highly competitive. Well established players incorporate acquisition, collaboration, partnership, expansion, and technology launch in order to gain competitive advantage in this market and to maintain their market position. Vendors compete based upon pricing, Technology and services.  Growth potential demonstrated by the market is likely to attract many entrants to market; which will further result in fierce competition in the global market.

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High Performance Computing (HPC) Market – Segments

Global High-Performance Computing (HPC) Market is segmented in to 4 Key dynamics for an easy grasp and enhanced understanding.

Segmentation by Component: Comprises – Software, Network Devices, Servers, and Storage.

Segmentation by Deployment: Comprises – On-Cloud and On-Premises.

Segmentation by Verticals: Comprises – Retail, Manufacturing, BFSI, IT and Telecommunication, Healthcare, Energy & Utilities, Transportation and Other.

Segmentation by Regions: Comprises Geographical regions – North America, Europe, APAC and Rest of the World.

HPC Market – Regional Analysis

The North America region is leading in the high-performance computing market followed by Europe. Due to technological advancement in that region and early adoption of technology by several industries has aided in the development of HPC market in North America. Europe HPC market follows next due to huge investments by big enterprises and small-scale enterprises in this region. Asia-Pacific is expected to witness highest growth in high performance computing market as HPC servers is expected to gain maximum market share by the forecast period. The growth of APAC region is attributed to the huge investment by the government and private sectors into the emergence of big data has increased the demand for systems that can handle a more data-intensive workload. HPC clusters are systems that can easily handle vast amount of data and extensively support high-performance data analysis. Also because of the presence of leading technology players in that region. Japan is developing a new supercomputer that could be among the world’s fastest systems.

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Globally High-Performance Data Analytics (HPDA) Market is expected to grow at the rate of more than ~18% from 2016 to 2022.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Market Research Future
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HfS Research Ranks Genpact Among Top Three Leaders in Artificial Intelligence

NEW YORK, Aug. 8, 2017 /PRNewswire/ — Genpact (NYSE: G), a global professional services firm focused on delivering digital transformation for clients, today announced that HfS Research, a leading industry analyst firm, has named Genpact a top three early leader in providing artificial intelligence (AI) capabilities to the enterprise. HfS cited Genpact Cora, the company’s modular, AI-based platform that accelerates digital transformation at scale, as a key factor in leveraging an expansive set of AI technologies.

Genpact Limited Logo.

Genpact ranks 3 among 22 global service providers in HfS’ 2017 AI-powered OneOffice Premier League report, which evaluates five key pillars that align the front, middle, and back offices: digital customer engagement, design thinking for digital outcomes, digital underbelly, and intelligent digital support functions and processes.

“Genpact’s process expertise and industry experience are proving real differentiating qualities in its ability to deliver real business results from artificial intelligence,” said Phil Fersht, chief executive officer, HfS Research. “Genpact has been making smart investments in AI and related technologies, both organically and through strategic acquisitions, that are helping its ambitious clients speed digital transformation throughout their operations.”

The HfS report acknowledges service providers whose vision and investments enable the AI-powered OneOffice, which HfS defines as enabling a broad set of automation and process technologies and approaches with AI advancing the decoupling of service delivery and labor arbitrage. Genpact believes it is the first in the industry to fully integrate automation, analytics, and AI engines – in a single, unified platform, embedded with and drawing insights from Genpact’s deep domain expertise that comes from running thousands of intelligent operations and processes for hundreds of Fortune 500 companies across numerous industries.

In the report, HfS also noted both the expansion of Genpact’s Lean Digital approach – which combines lean principles, design thinking, analytics, and digital technologies with domain and industry expertise to deliver disruptive business outcomes – and Genpact’s acquisitions of Rage Frameworks and PNMsoft.

“To support clients on their automation journey, Genpact’s Cora platform is providing all their automation and AI assets in a modular way. This includes the recent acquisition of Rage Frameworks whose capabilities allow for an expansive integration of semi and unstructured data,” said Tom Reuner, senior vice president, Intelligent Automation, HfS Research. “The command and control center of Cora is providing a governance layer that is critical for scaling deployments.”

“The challenge with digital transformation today is that enterprises have to take on substantial effort in effectively curating, risk-mitigating, and integrating various AI technologies,” said Sanjay Srivastava, senior vice president and chief digital officer, Genpact. “HfS’ analysis underscores both AI’s ability to effectively drive innovation in digital transformation journeys, and the modular, integrated Genpact Cora platform’s ability to combine industry acumen, process expertise, and artificial intelligence to deliver powerful business results.”

Genpact’s AI capabilities are part of its ongoing strategy to drive digital-led innovation and digitally-enabled intelligent operations for clients around the world. Learn more here about Genpact Cora. Click here to access the HfS report.

About HfS Research
HfS Research is The Services Research Company™—the leading analyst authority and global community for business operations and IT services. The firm helps enterprises validate their global operating models with world-class research and peer networking. HfS Research coined the term The As-a-Service Economy to illustrate the challenges and opportunities facing enterprises needing to re-architect their operations to thrive in an age of digital disruption, while grappling with an increasingly complex global business environment. HfS created the Eight Ideals of Being As-a-Service as a guiding framework to help service buyers and providers address these challenges and seize the initiative. For additional information, visit

About Genpact
Genpact (NYSE: G) is a global professional services firm focused on delivering digital transformation for our clients, putting digital and data to work to create competitive advantage. We do this by integrating lean principles, design thinking, analytics and digital technologies with our domain and industry expertise to deliver disruptive business outcomes – an approach we call Lean DigitalSM. We deliver value to our clients in two ways – through digital-led, domain-enabled solutions that drive innovation, and through intelligent operations enabled by digital that design, transform and run clients’ operations. Our approach is continually refined in one of the world’s largest digital process sandboxes, where we test and improve thousands of processes. For two decades, first as a General Electric division and since 2005 as an independent company, we have been passionately serving our clients. We generate impact for clients from the Fortune Global 500 and beyond, and employ over 77,000 people in more than 20 countries, with key offices in New York City, Palo Alto, London, and Delhi. For additional information, visit Follow Genpact on LinkedIn, Twitter, YouTube, and Facebook.


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+1 914-336-7951

Abby Trexler

(for Genpact U.S.)

+1 212-931-6179 

Mark Pinnes

(for Genpact U.K.)

 +44 20 7680 7121

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Blackwood Seven Appoints New Chief Product Officer

NEW YORK, Aug. 8, 2017 /PRNewswire/ — AI media company Blackwood Seven today announced the latest appointment to its leadership team. Hitesh Dholakia, a data science veteran with extensive product leadership experience, joins Blackwood Seven as Chief Product Officer. Dholakia will be overseeing all aspects of Blackwood Seven’s global product offerings, reporting to Carl Erik Kjærsgaard, the company’s CEO and co-founder.

“Our work is laying the foundations for a new and transparent industry, based on a simple subscription model and running on A.I. Our mission is to disrupt the media agency value chain and its antiquated operating model,” said Kjærsgaard. “Hitesh has overseen the product development at some of the world’s largest companies, and his expertise in machine learning will be crucial in expanding our AI platform. We’re sending a clear signal that we will continue to attract and retain the best talent in order to fulfill our vision.”

The appointment marks the latest addition in a series of new hires for Blackwood Seven’s leadership team. Last month, the company announced new hires from marketing veterans Nick Stoltz and Stanlei Bellan, who joined the company from Market Share and GroupM, respectively; Stoltz now serves as COO, while Bellan is now the company’s General Manager, West Coast.

Dholakia joins Blackwood Seven with nearly two decades worth of product development and management, setting visions for product roadmaps and technology infrastructure. Most recently, he served as SVP of Product Management and User Experience with Sysomos, a company focused on offering AI-based products to brand marketers. At Sysomos, he used machine learning products to provide actionable intelligence for Fortune 500 enterprises. Previously, Dholakia has held product leadership positions at eBay, Yahoo! and Siebel.   

“Blackwood Seven is a true innovator within the media industry, and its focus towards making artificial intelligence common place within the industry represents a tremendous opportunity to create much needed change,” said Dholakia. “I’m incredibly excited to oversee such an incredible product and vision as we begin to increase our footprint across the globe.”

About Blackwood Seven

Blackwood Seven brings artificial intelligence to media planning. With its proprietary media platform, the company calculates each client’s “media effect formula”, which allows attribution of all channels –online such as search, YouTube and Facebook as well as offline such as TV, print and OOH. This algorithm optimises the media mix and predicts an exact forecast of expected results, in real time. Blackwood Seven has 175 employees in Munich, Copenhagen, Los Angeles, New York and Barcelona. For more information please visit

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Bionik Laboratories Corp. Completes Integration of Amazon Echo into its ARKE™ Exoskeleton

“Alexa, let’s walk to the kitchen” – combined technologies to enhance mobility for individuals with severe lower body impairments, as well as growing global aging population

TORONTO and BOSTON, Aug. 8, 2017 /PRNewswire/ — Bionik Laboratories Corp. (OTCQX:BNKL) (“Bionik” or the “Company”), a robotics company focused on providing rehabilitation and assistive technology solutions to individuals with neurological and mobility challenges from hospital to home, today announced it has integrated Amazon’s Echo (“Echo”) technology and Alexa Voice Service (“Alexa”) into its ARKE™ lower body exoskeleton.

The ARKE™ exoskeleton utilizes Bionik’s proprietary transmission and actuation system, making it one of the most powerful robotic devices compared to similar systems. It will now include device control, utilizing multiple sensors located throughout the device in combination with Alexa. Users will be able to activate different activity modes, such as Standing and Walking, by saying “Alexa, I’m ready to stand” or “Alexa, I’m ready to walk.”

Most movements – including walking and standing – are initiated by the upper body. As such, sensors in the feet, angle sensors in the joints, and inertial measurement units feel how the body weight is distributed and, combined with upper body information and movements, allow you to take a step. Utilizing artificial intelligence (AI) to translate information from all this sensor information intelligently activates the ARKE™ for those paralyzed from the waist down, as it mimics movements that would generally allow an able person to take steps.

“We are excited to complete the integration of Amazon’s Echo and Alexa into our ARKE exoskeleton, combining the power of Amazon’s voice-activated technologies with our powerful assistive robotic solutions for the next evolution in treating consumer immobility,” said Michal Prywata, co-founder, Chief Operating Officer and Director of Bionik. “In building ARKE, we had one goal in mind – to empower the user to take back their mobility and regain the ability to complete tasks that the rest of us deem normal, like walking to the refrigerator or going to get the mail. This pairing of our robotic technologies with the power of Amazon’s Alexa further pushes the boundaries of what technology can do within the home healthcare industry, and we believe we will help many impaired individuals regain the mobility they once lost.”

Bionik’s current ARKE™ product is in clinical development and aimed toward use by those who have suffered a spinal cord injury or are otherwise severely impaired in their lower body due to stroke, traumatic brain injury, or some other incident. Further opportunity also exists within the aging population, approaching a billion people globally, who rely on unstable walkers or other wheeled devices for mobility.

Following its recent partnership with Wistron Corporation, the Company is seeking to produce a home-type exoskeleton product with a lower price point that is more accessible to the average consumer. The goal will be to make these devices financeable, so the user pays a smaller monthly fee than normal cost of care – building a ramp, paying for nurses, wheelchair rental – would be for someone with a mobility injury.

“The continued evolution of our ARKE exoskeleton is important for our Company, as the market for assistive mobility products continues to grow at a rapid pace across the globe,” said Peter Bloch, Chief Executive Officer and Chairman of the Board of Bionik. “Aside from the large number of citizens who have suffered injury, the global population is also aging rapidly, and those citizens will be in need of a home-based assistive product that can truly provide them the mobility that a wheelchair, cane, or crutches currently can’t. We will continue to seek out partnerships and technological advancements that will enable us to serve that population on a mass consumer scale.”

The Centers for Disease Control and Prevention estimates that nearly nine million people in the United States have a mobility challenge that requires assistive products – an estimated 2.2 million depend on a wheelchair, while an estimated 6.5 million use a cane, walker, or crutches. Globally, that market expands significantly, with The Wheelchair Foundation estimating that almost 132 million people globally have a physical disability and require a wheelchair for mobility.

About Bionik Laboratories

Bionik Laboratories (OTCQX:BNKL) is a robotics company focused on providing rehabilitation and mobility solutions to individuals with neurological and mobility challenges from hospital to home. The Company has a portfolio of products focused on upper and lower extremity rehabilitation for stroke and other mobility-impaired patients, including three products on the market and four products in varying stages of development. The InMotion Systems — the InMotion ARM™, InMotion Wrist™, InMotion Hand™ and InMotion AnkleBot™ — are designed to provide intelligent, patient-adaptive therapy in a manner that has been clinically verified to maximize neuro-recovery. Bionik is also developing a lower-body exoskeleton, ARKE™, designed to allow paraplegics as well as other wheelchair users the ability to rehabilitate through walking. ARKE is designed to continually adapt to a patient’s ability and provide real-time feedback to the physiotherapist.

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Forward-Looking Statements

Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements. Forward-looking statements, which involve assumptions and describe our future plans, strategies, and expectations, are generally identifiable by use of the words “may,” “should,” “would,” “will,” “could,” “scheduled,” “expect,” “anticipate,” “estimate,” “believe,” “intend,” “seek,” or “project” or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements may include, without limitation, statements regarding (i) the plans and objectives of management for future operations, including plans or objectives relating to the design, development and commercialization of human exoskeletons and other robotic rehabilitation products, (ii) a projection of income (including income/loss), earnings (including earnings/loss) per share, capital expenditures, dividends, capital structure or other financial items, (iii) the Company’s future financial performance, (iv) the market and projected market for our existing and planned products and (v) the assumptions underlying or relating to any statement described in points (i), (ii), (iii) or (iv) above. Such forward-looking statements are not meant to predict or guarantee actual results, performance, events or circumstances, and may not be realized because they are based upon the Company’s current projections, plans, objectives, beliefs, expectations, estimates and assumptions, and are subject to a number of risks and uncertainties and other influences, many of which the Company has no control. Actual results and the timing of certain events and circumstances may differ materially from those described by the forward-looking statements as a result of these risks and uncertainties. Factors that may influence or contribute to the inaccuracy of the forward-looking statements or cause actual results to differ materially from expected or desired results may include, without limitation, the Company’s inability to obtain additional financing, the significant length of time and resources associated with the development of our products and related insufficient cash flows and resulting illiquidity, the Company’s inability to expand the Company’s business, significant government regulation of medical devices and the healthcare industry, lack of product diversification, volatility in the price of the Company’s raw materials, and the Company’s failure to implement the Company’s business plans or strategies. These and other factors are identified and described in more detail in the Company’s filings with the SEC. The Company does not undertake to update these forward-looking statements.

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Demandbase Launches "Real-Time Intent" to Transform B2B and Account-Based Marketing

SAN FRANCISCO, Aug. 8, 2017 /PRNewswire/ — Demandbase, the pioneer in Account-Based Marketing (ABM), today announced Real-Time Intent, a new artificial intelligence (AI) technology that gives B2B companies a head start on the buying cycle and makes B2B signals more actionable. Similar to how a keyword search signals intent, Real-Time Intent identifies the interests of accounts and buyers at the beginning of the online research stage and then automatically triggers sales and marketing actions throughout the entire ABM funnel. The new Real-Time Intent technology will help companies discover accounts who are interested in their products and services, create hyper-targeted ads, improve sales intelligence, and personalize website content at scale at the account level.

[Click-to-Tweet]: .@Demandbase launches Real-Time Intent to give B2B companies a head start on the buying cycle #RealTimeIntent

Demandbase’s network currently receives over 400 million B2B visitors every month, which is three times LinkedIn’s reported monthly active users. This yields more than 60 billion B2B monthly interactions that Demandbase is able to monitor, identify signals, and then make those signals actionable across the entire sales and marketing funnel.

“Our scale of business audience reach across the entire web paired with our AI capabilities results in an unparalleled ability to understand business interests in real-time. This technology will give our customers greater reach and superior precision and timing than previously possible,” said Chris Golec, CEO of Demandbase. “More importantly, Real-Time Intent will be delivered through a platform and suite of targeting, engagement and conversion solutions so that customers can take immediate actions on the insights.”

According to CEB, B2B buyers are already 57 percent of the way down the path to a decision before they actually perform an action on a business website. Potential buyers signal interest in the form of what they’re reading, long before they’ve identified solutions and visited a corporate website or begin posting online. Demandbase’s Real-Time Intent leverages AI to allow B2B companies to capture this first moment of a potential buyer’s interest and intent to get ahead of the competition and deliver the right messages across multiple channels at the very beginning of the buyer’s journey.

“As the leader in Enterprise Cloud Data Management, Informatica understands the disruptive power of data. Our marketing vision is to use data and data science to drive relevant engagements,” said Steven Shapiro, Vice President of Digital and Buyer’s Journey at Informatica. “Demandbase’s Real-Time Intent is an exciting step forward that will help us deliver the right message at the right time by both extending intent data with more context and determining the Next Best Action to accelerate the buyer’s journey.”

Demandbase’s Real-Time Intent technology leverages AI and machine learning to analyze and track billions of interactions every month. The company combines its proprietary IP-based data and patented identification technology, data from its ad networks and exchanges, third party firmographic data, and publicly available online data such as social media APIs, articles, press releases and SEC data to map out what an account is interested in and researching in real-time.

“B2B marketers have been using intent data for a couple years, but are now looking for new possibilities that make this data more actionable and integrate it better with their existing technology stack,” said Eric Wittlake, Senior Analyst in the Marketing Practice at TOPO, a research and advisory firm. “AI will make it possible for data to become more actionable and valuable in marketing programs.”

Demandbase’s Real-Time Intent will be available to all customers in the fall, and will enable website personalization at the persona level later this year.

For more information, please join Demandbase for a live webinar on “Getting Ahead of the Buyer’s Journey with Real-Time Intent” on Wednesday, August 16, 2017 from 11 a.m. to noon PT. Register here.

About Demandbase
Demandbase is the leader in Account-Based Marketing (ABM). The company offers the only Artificial Intelligence-enabled, comprehensive ABM platform that spans Advertising, Marketing, Sales and Analytics. Enterprise leaders and high-growth companies such as Accenture, Adobe, DocuSign, GE, Grainger, Salesforce and others use Demandbase to drive their ABM strategy and maximize their marketing performance. The company was named a Gartner Cool Vendor for Tech Go-To Market in 2016. For more information, please visit or follow the company on Twitter @Demandbase.

Demandbase (PRNewsFoto/Demandbase)

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Underscoring Year of Strong Momentum, Zenedge Expands Leadership Team; Appoints Allan Thompson as Chief Revenue Officer to Accelerate Growth

AVENTURA, Fla., Aug. 8, 2017 /PRNewswire/ — In response to escalating cyber threats worldwide, Zenedge, a leading global provider of cloud-based, artificial intelligence-driven cybersecurity solutions, has strengthened its core leadership team, adding security industry heavyweight, Allan Thompson, as Chief Revenue Officer. The appointment of Thompson, a 20-year veteran of cybersecurity services with leading technology corporations, supports the company’s plans for continued growth and global expansion, following a strong performance in 2016 and early 2017.

Zenedge Logo.

“Zenedge has experienced tremendous success and the appointment of Allan brings additional firepower to our already impressive team of industry leaders,” said Yuri Frayman, CEO at Zenedge. “Allan’s deep understanding of the global marketplace and the go-to-market strategy to sell security technologies around the world will be instrumental as we continue to lead the cloud security space in innovation and field a growing number of inquiries for web application firewall, network protection and bot mitigation support.”

In his new role, Thompson is tasked with leading the company through its next phase of growth – driving strong revenue momentum, leading operations of the sales team and providing the strategic vision behind the company’s business development initiatives. “Over the course of his career, Allan has proven that he is up to the challenge of growing a business in a complex and crowded market – whether they are start-ups, early stage or well-established enterprises – and is extremely effective in doing so. His ability to identify unique opportunities for next-gen security products and services will be invaluable in taking Zenedge to the next level,” continued Frayman.

Thompson has notable experience in the field of cybersecurity, with expertise spanning anti-virus, intrusion prevention, data loss prevention, endpoint security, database security, network security analytics, network asset protection, web application firewall, and cloud and on-premise DDoS security services. Prior to joining Zenedge, he formerly served as the Chief Operating Officer for NSFOCUS and has held prior roles at McAfee and Trend Micro.

“I’ve always been attracted to organizations that place an emphasis on innovation and Zenedge is at the forefront of modernization for DDoS, WAF, Artificial Intelligence, API Security, and Bot Management services,” said Allan Thompson, Chief Revenue Officer at Zenedge. “In the face of rising threats, our customers need a partner who can not only help them tackle the security challenges of today, but also understand what emerging risks are on the horizon and what technology will be needed to combat them in the future. Our suite of cybersecurity services is redefining the landscape for threat protection and I welcome the challenge of steering this company to the next level of success and fueling future growth.”

The appointment of Thompson comes on the heels of a strong year for Zenedge with recent highlights including:

  • Raised $6.2 million in Series C funding led by Pilot Growth Equity.
  • Launched Zenedge Bot Manager – featuring advanced bot detection and mitigation technology based on behavioral analysis and device fingerprinting, leveraging 50+ attributes to detect and mitigate sophisticated bots.
  • Released Zenedge’s patent-pending API Security solution – leveraging advanced algorithms to eliminate API attacks at the edge of the network and protect against dictionary attacks, Layer 3/4/7 DDoS attacks, API malicious usage, automated API scraping and API hijacking.
  • Currently protects over 800,000 web applications and networks using proprietary machine learning algorithms, threat intelligence and big data analysis.
  • Increased company headcount by 40 percent and established a UK subsidiary.

To learn more about Zenedge visit

About Zenedge
Zenedge is a leading, global provider of cloud-based, artificial intelligence-driven cybersecurity solutions. The Zenedge Cybersecurity Suite is powered by proprietary artificial intelligence (AI) technology. Zenedge AI inspects web traffic in real-time, identifies threats and behavior anomalies and dynamically updates security postures accordingly – enabling enterprises to take an adaptive and proactive approach to securing their web applications and networks. 

Zenedge protects over 800,000 web applications and networks for organizations in eCommerce, Education, Energy, Entertainment, Financial Services, Gaming, Government, Healthcare, Media and Technology industries. Zenedge is headquartered in Aventura, Florida. For more information, visit or follow us on Twitter: @Zenedgeprotect


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