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ORLANDO, Fla.--(BUSINESS WIRE)--Gartner, Inc. has announced the winners of the 2018 Gartner Eye on Innovation Award for financial services in the Americas. The award recognizes innovative use of digital technology-enabled capabilities, products or services to highlight "best-in-class" financial industry initiatives launched within the past 12 months and to offer insight about developments in digital innovation. The finalists presented their case studies during Gartner Symposium/ITxpo, which is taking place here through Thursday, and BMO Bank of Montreal was selected as the regional 2018 Gartner Eye on Innovation Award Americas winner by the attendees at the event. Allstate and Liberty Mutual Insurance were also named as award recipients. BMO Bank of Montreal -- BMO Bank of Montreal created an entirely new way to pay bills by applying machine learning capabilities to recognize the biller, payee, account number, amount and due date across a range of corporations and statement formats.

The UAE is witnessing the increased adoption of advanced technologies. Etisalat is taking a giant leap by launching the 5G network, investing in futuristic technologies and smart services, says its top official. On Sunday, Etisalat--has unveiled autonomous flying car at the--Gitex Technology Week 2018 in Dubai. Saleh Abdullah Al Abdooli, chief executive officer, Etisalat Group, said 5G will be one of the key highlights for etisalat in showcasing the future of urbanism and mobility at the Gitex Technology Week, starting today. "5G will be a game changer for the telecom industry with its rich potential, an evolution that would elevate services, performance and enablement. Such new technologies are one of the gateways enabling the UAE's digital aspiration/vision, market trends and etisalat's long-term strategy," Abdooli told Khaleej Times during an interview ahead of the region's premier technology event.

Use of artificial intelligence (AI) in digital commerce is generally considered a success, according to a survey by Gartner, Inc. About 70 percent of digital commerce organizations surveyed report that their AI projects are very or extremely successful. Gartner conducted a survey* of 307 digital commerce organizations that are currently using or piloting AI to understand the adoption, value, success and challenges of AI in digital commerce. Respondents included organizations in the U.S., Canada, Brazil, France, Germany, the U.K., Australia, New Zealand, India and China. Three-quarters of respondents said they are seeing double-digit improvements in the outcomes they measure.

As robotics technologies have advanced significantly in the past few years, robots for enterprise markets are becoming more affordable, productive, and smarter than ever before. According to a new report from Tractica, this trend is resulting in a significant increase in the number of enterprises within the agriculture, construction, warehousing and logistics, telepresence, customer service, and other sectors willing to invest in robots to cut costs and increase profits, while trusting robots to solve business challenges and productivity gaps. Tractica forecasts that worldwide shipments of enterprise robots will grow from approximately 83,000 units in 2016 to 1.2 million units annually by 2022, increasing at a compound annual growth rate (CAGR) of 57% during that period. Global revenue for the enterprise robotics market will increase from $5.9 billion in 2016 to $67.9 billion in 2022. "Just as robotics has transformed manufacturing and heavy industry in recent years, robots are beginning to impact enterprise work processes, with innovative and effective solutions being introduced with increased frequency," says research analyst Manoj Sahi.

CobbleStone's CLM platform provides powerful AI and ML to systematically analyze paper contracts and performs contract text extraction for improved contract oversight, proactive opportunity identification, and risk mitigation. CobbleStone Software, leaders in contract lifecycle management software, and a proud sponsor of ACC (Association of Corporate Council), is pleased to announce that they will showcase the benefits of Contract Insight's artificial intelligence (AI) and machine learning (ML) at the 2018 ACC Annual Meeting in Austin, TX, on October 21st-24th. CobbleStone's CLM platform provides powerful AI and ML to systematically analyze contracts originated by internal or external paper, and performs contract text extraction for improved contract oversight, proactive opportunity identification, and risk mitigation. "We're excited to introduce the next generation of contract lifecycle management solutions by providing our clients with a platform enabled with machine intelligence to optimize the user experience," said Bradford Jones, Director of Sales & Marketing at CobbleStone Software. "Legal, procurement, and compliance professionals finally have a solution that was built for them that includes groundbreaking technologies for end-to-end contract automation."

RapidMiner Auto Model is the first application for the RapidMiner AI Cloud and is currently available in beta. RapidMiner Auto Model uses automated machine learning and best practices to build predictive models in 4 clicks. Unlike other automated machine learning products, Auto Model does not generate black box predictive models that cannot be easily explained. With Auto Model, both the model itself and how the model was created are detailed step-by-step and narrated visually. "We're thrilled to announce Auto Model on the RapidMiner AI Cloud," said Lars Bauerle, chief product officer at RapidMiner.

There are a number of robots designed to help kids learn the basics of coding, but this is the first we've seen that comes equipped with a purple mane and a light-up horn. Meet UnicornBot, a programmable robot kit that UBTECH Robotics is launching today. Recommended for children age 8 and up, it is on sale for US $120 on UBTECH's site and retailers like Target and Amazon. UBTECH, headquartered in Shenzen, China, with offices in Los Angeles, says UnicornBot "is for all children, but is especially designed to spark an interest in STEM among young girls." UnicornBot has an accompanying app for Android or iOS that helps you put the robot together by following step-by-step 3D instructions.

Sunnyvale, CA and Newbury, UK (October 11, 2018): eGain (NASDAQ: EGAN), the AI-powered customer engagement platform provider, today announced that Altitude Software will embed eGain AI and Knowledge Management into its Xperience Suite. According to a survey conducted by Forrester Consulting on behalf of eGain, poor access to relevant knowledge among contact center agents is the #1 driver of bad customer service. Altitude Software, a pioneering provider of customer interaction solutions, will deliver deep, seamless integration with eGain AI and Knowledge to offer process guidance and personalized answers for agents on their omnichannel platform. "Guiding customer interactions with AI and knowledge transforms agent experience and boosts operational productivity," said Alfredo Redondo, CEO of Altitude Software. "eGain best-in-class capabilities complement our modular platform to deliver easy-to-consume innovation."

IBM (NYSE: IBM) has announced that in less than 12 months since the release of IBM Cloud Private – an open source technology that brings cloud capabilities to organizations running on-premises IT systems – hundreds of leading enterprises worldwide have turned to the platform to help modernize their operations. They include New Zealand Police, China's Fuyao Group, Japan's Aflac Insurance, Turkey's credit bureau Kredi Kayıt Bürosu and Brazil's Fidelity National Information Services. Building on this momentum, IBM is announcing a slate of new advanced features for the on-premises private cloud platform, including the integration of powerful AI capabilities such as IBM Watson Assistant and IBM Watson Speech-to-Text, as well as support for additional public clouds, including the IBM Cloud. The updates provide clients with even more choice and flexibility for their IT journeys, and, for the first time, bring the power of IBM's Watson AI behind the company firewall. "The cloud has evolved in a very short time from being a way to cut costs to a platform for business transformation and innovation," said Robin Hernandez, Director, IBM Private Cloud Offering Management.